Skip to Content
ETFs

iPath Series B Bloomberg Energy Subindex Total ReturnSM ETN

JJE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 17 2018
Expense Ratio
0.45%
Type
Global Commodities & Metals
Fund Owner
Barclays iPath
Volume (1m avg. daily)
$15
AUM
$843,137
Associated Index
Bloomberg Energy Sub-Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Invest with JJE

What is JJE?

The iPath Series B Bloomberg Energy Subindex Total Return ETNs (the "ETNs") are designed to provide exposure to the Bloomberg Energy Subindex Total Return (the "Index"). The Index reflects the returns that are potentially available through an unleveraged investment in the futures contracts on energy commodities. The Index currently consists of five energy-related commodities futures contracts (Natural Gas, WTI Crude Oil, Brent Crude Oil, Heating Oil and Unleaded Gasoline) which are included in the Bloomberg Commodity Index Total Return.

ETFs related toJJE

ETFs correlated to JJE include MDLV, DJP, GSG

JJE
Barclays Bank PLC - iPath Series B Bloomberg Energy Subindex Total Return ETN
MDLV
EA Series Trust - Morgan Dempsey Large Cap Value ETF
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
COMB
GraniteShares Gold Trust - GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
CMDY
BlackRock Institutional Trust Company N.A. - iShares Bloomberg Roll Select Commodity Strategy ETF
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toJJE

#RAY

Copy Ray Dalio

Category

Classic, Copy the Greats

Risk Rating

Conservative

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with JJE using Composer

FAQ

JJE is a Global Commodities & Metals ETF. The iPath Series B Bloomberg Energy Subindex Total Return ETNs (the "ETNs") are designed to provide exposure to the Bloomberg Energy Subindex Total Return (the "Index"). The Index reflects the returns that are potentially available through an unleveraged investment in the futures contracts on energy commodities. The Index currently consists of five energy-related commodities futures contracts (Natural Gas, WTI Crude Oil, Brent Crude Oil, Heating Oil and Unleaded Gasoline) which are included in the Bloomberg Commodity Index Total Return.

JJE tracks the Bloomberg Energy Sub-Index.

No, JJE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, JJE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JJE is %. This is the percent change in the value of JJE over the most recent 1-month period. The 3-month return on JJE is %. This is the percent change in the value of JJE over the most recent 3-month period.

The standard deviation of JJE for the past year is 0.3885%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JJE include DBO, BNO, and USO.

ETFs correlated to JJE include MDLV, DJP, and GSG.

ETFs that are inversely correlated to JJE include SCO, KOLD, and OILD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.