This ETN offers exposure to agricultural commodities, seeking to replicate a well-known commodity benchmark. Given this relatively narrow focus, RJA probably doesn’t have much use for those building a long-term buy-and-hold portfolio; it will be better suited to those looking to implement a shorter-term tactical tilt towards agricultural commodities. RJA is just one of many options out there for exposure to agriculture, and the low volume and occasionally wide spreads may be cause for concern. RJA can be an effective tool for gaining exposure to agricultural commodities, but DBA offers better liquidity while UAG is cheaper. It should be noted that this product is an ETN, meaning that unlike ETFs (such as DBA) it will expose investors to the credit risk of the issuing institution but will avoid issued related to tracking error (which can be material in the commodity space). Moreover, the tax treatment across commodity ETFs and ETNs may be unique. And it is critical to note that the underlying index consists to futures contracts; as such, RJA won’t necessarily offer exposure to spot agriculture prices.
| Segment | Commodities: Agriculture |
| Category | Agriculture |
| Focus | Broad Market |
| Niche | Front Month |
| Strategy | Fundamental |
| Weighting Scheme | Proprietary |
This section compares how balanced and deep this ETF is relative to its peers.
| RJA | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 19 | 3 | 7 |
| % of Assets in Top 10 | 82.53% | 98.88% | 97.09% |
| % of Assets in Top 15 | 94.23% | 99.49% | 99.04% |
| % of Assets in Top 50 | 99.24% | 99.76% | 99.87% |
| RJA | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | N/A | N/A |
| Mid (>2.7B) | N/A | N/A | N/A |
| Small (>600M) | N/A | N/A | N/A |
| Micro (<600M) | N/A | N/A | N/A |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| RJA | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | N/A | $ 0.01 | $ 0.04 |
| Dividend Date | N/A | N/A | N/A |
| Annual Dividend Rate | N/A | N/A | N/A |
| Annual Dividend Yield | N/A | N/A | N/A |
View charts featuring RJA price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -11.02 M 3 Month Net Flows: -52.79 M 6 Month Net Flows: -1.1 B 1 Year Net Flows: -1.05 B 3 Year Net Flows: -1.06 B 5 Year Net Flows: -1.06 B 10 Year Net Flows: -1.18 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -3.61 MThe adjacent table gives investors an individual Realtime Rating for RJA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Agricultural Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | No distributions |
| Distributes K1 | No |
RJA does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers.
| RJA |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -4.01% | -2.87% | -1.29% |
| 3 Month Return | -3.40% | -2.12% | -2.20% |
| YTD Return | 5.20% | 6.10% | 5.92% |
| 1 Year Return | 14.61% | 10.96% | 10.05% |
| 3 Year Return | 75.51% | 52.86% | 42.17% |
| 5 Year Return | 50.41% | 17.64% | 16.29% |
The following charts reflect the geographic spread of RJA's underlying holdings.
The following charts reflect the allocation of RJA's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 17.73% |
| 20 Day Volatility | 18.97% |
| 50 Day Volatility | 19.86% |
| 200 Day Volatility | 22.69% |
| Beta | 0.27 |
| Standard Deviation | 0.84% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
A fact sheet is not available for this ETF. Please visit the RJA ETF home page for more information.
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