NINI is up 8.2% in the past month. JJN’s underlying index “reflects the returns that are potentially available through an unleveraged investment in the futures contracts on nickel. The Index currently consists of one futures contract on the commodity of nickel (currently the Primary Nickel futures contract traded on the London Metal Exchange) which is included in the Dow Jones-UBS Commodity Index Total Return,” according to iPath.
JJN, the larger of the two U.S.-listed nickel ETNs, is up almost 5.5% in just the past week.
iPath Dow Jones-UBS Nickel Total Return Sub-Index ETN
ETF Trends editorial team contributed to this post.