One of the best-performing commodity related products in the exchange traded fund and note space year to date is iPath Dow Jones-UBS Coffee Subindex Total Return ETN (NYSEArca: JO).
JO has risen over 5% year to date whereas most commodities have lust much of their early 2011 luster and are now showing negative performance on a year to date basis. [Corn, Grains ETFs Plunge]
Despite declining over 17% from its peak of $81.13 a share touched in May of this year, the ETN recently found support on its 200-day moving average and surged over 3% Tuesday on a gap up.
JO and iPath Pure Beta Coffee ETN (NYSEArca: CAFE) are the only two ways to currently “play” coffee commodity prices in the ETF/ETN realm.
JO and CAFE both currently have expense ratios of 0.75%.
iPath Dow Jones-UBS Coffee
Chart source: StockCharts.com.