ETF Quote Details
|NAV (month end)||28.14|
|Premium (+)/Discount (-) (month end)||+0.98|
Zacks Premium Research for JJM
|Zacks ETF Rank [?]||Hold 3|
|ETF Risk [?]||NA|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
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ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
This index looks to provide the returns that are available through an investment in the futures contracts on the industrial metal sector of the commodity world. Components currently include copper, aluminum, nickel, and zinc, and these four securities make up the entire index. The product also includes the rate of interest from collateral invested in Treasury Bills.
JJM is a sub-index of the Dow Jones-UBS Commodity Index Total Return and reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the Index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.