Another Caffeinated Rally for Coffee ETNs

After bottoming on July 10, JO has gained nearly 25% to enter a new bull market. Yet as was seen earlier this year in the beginning stages of the rallies for JO and CAFÉ, investors are actually pulling money from coffee ETPs. JO lost $1.1 million last month and has bled $109 million this year despite surging nearly 75%. [Commodities ETFs Tumble]

iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN

ETF Trends editorial team contributed to this post.