iPath Series B Bloomberg Softs Subindex Total Return ETN (JJS)
iPath Series B Bloomberg Softs Subindex Total Return ETN operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $71.99, up 0.00% on the session, giving a market capitalisation of $8.8M. Its beta of 0.54 implies it has historically moved less than the broad market.
This Exchange Traded Note (ETN) provides investors with exposure to commodity futures agreements, rather than direct ownership of the physical underlying goods. Its benchmark index comprises one or more futures contracts related to the specific commodity, collectively termed 'index components'. The index's design aims to mirror the total returns potentially generated from two distinct sources: first, an unleveraged investment in these aforementioned futures contracts; and second, the interest income accruable from cash collateral invested in designated Treasury Bills.
iPath Series B Bloomberg Softs Subindex Total Return ETN is most often compared with the following Financial Services names: