ETF Evaluator:
iPath® Bloomberg Energy SubTR ETN ()
Follow This ETF
(as of Mar 24)
Best Performing in Commodities Focused Over the Last Year
| 2251.5% | Breakwave Tanker Shipping ETF (BWET) |
| 81.8% | United States Gasoline (UGA) |
| 64.2% | Commodities Focused () |
| 63.3% | Invesco DB Energy (DBE) |
| 61.8% | United States Oil (USO) |
Risk
Index
Risk
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ETF Details
iPath® Bloomberg Energy SubTR ETN Overview
iPath® Bloomberg Energy SubTR ETN (JJETF) is a passively managed Commodities Commodities Focused exchange-traded fund (ETF). iPath launched the ETF in 2007.
The investment seeks to provide investors with exposure to the Dow Jones-UBS Energy Subindex Total ReturnService Mark.
The Dow Jones-UBS Energy Subindex Total ReturnService Mark (the "index") reflects the returns that are potentially available through an unleveraged investment in the futures contracts on energy commodities. The index is currently composed of four energy-related commodities contracts (crude oil, heating oil, natural gas and unleaded gasoline) which are included in the Dow Jones-UBS Commodity Index Total ReturnService Mark.
About iPath® Bloomberg Energy SubTR ETN (JJETF)
There are 1 members of the management team with an average tenure of 18.78 years: No Manager (2007). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Bloomberg Sub Energy TR USD index with a weighting of 100%. iPath® Bloomberg Energy SubTR ETN has securities in its portfolio. The top 10 holdings constitute 0.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
iPath® Bloomberg Energy SubTR ETN is part of the Real Assets global asset class and is within the Commodities ETF group. iPath® Bloomberg Energy SubTR ETN has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iPath® Bloomberg Energy SubTR ETN has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $260 million in total assets, which is below the $4 billion average for the Commodities Focused category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JJETF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iPath® Bloomberg Energy SubTR ETN expense ratio is above average compared to funds in the Commodities Focused category. iPath® Bloomberg Energy SubTR ETN has an expense ratio of 0.75%, which is 2% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iPath® Bloomberg Energy SubTR ETN has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 15% for the Commodities Focused category.
Recently, in the month of July 2026, iPath® Bloomberg Energy SubTR ETN returned 20.3%, which earned it a grade of A, as the Commodities Focused category had an average return of 5.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iPath® Bloomberg Energy SubTR ETN has a trailing yield of 0.00%, which is below the 7.11% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iPath® Bloomberg Energy SubTR ETN Grades
Year to date, the ETF has returned 88.1%, 56.7 percentage points better than the category, which translates into a grade of A. The fund has returned 56.9% over the past year (grade of A), 9.9% over the past three years (grade of D) and 11.5% per year over the past five years (grade of C) and 4.5% per year over the past 10 years (grade of D).
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JJETF Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JJETF Return (NAV) | 20.3% | -8.9% | 56.9% | 9.9% | 11.5% | 4.5% |
| JJETF Return (Price) | 0.0% | 0.0% | 45.5% | 10.7% | 12.7% | 3.9% |
| NAV +/- Price Return | 20.292% | -8.914% | 11.468% | -0.763% | -1.184% | 0.530% |
| Commodities Focused Avg | 5.1% | -6.8% | 64.2% | 14.3% | 9.6% | 6.0% |
| JJETF Grade (NAV) | A | C | A | D | C | D |
| +/- Category (NAV) | 15.2% | -2.1% | -7.2% | -4.4% | 1.9% | -1.6% |
| JJETF Tax-Cost Ratio | na | na | 0.0% | 0.0% | 0.0% | 0.0% |
JJETF Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JJETF Return (NAV) | 88.1% | -15.5% | 0.6% | -28.2% | 48.4% | 86.5% | -56.1% | 14.6% | -17.1% | -6.2% | 19.8% |
| JJETF Return (Price) | 45.5% | 0.0% | 2.2% | -24.2% | 66.3% | 151.2% | -72.2% | 15.5% | -15.8% | -6.1% | 18.3% |
| NAV +/- Price Ret | -0.484% | -1.000% | 2.858% | -0.142% | 0.369% | 0.749% | 0.288% | 6.2% | -7.4% | -1.7% | -7.5% |
| Commodities Focused Avg | 31.4% | 35.6% | 6.2% | -1.1% | 9.2% | 27.8% | 1.5% | 14.9% | -9.5% | 3.1% | 10.0% |
| JJETF Grade (NAV) | A | F | D | F | A | A | F | D | D | D | B |
| +/- Category | 56.7% | -51.1% | -5.7% | -27.2% | 39.3% | 58.6% | -57.5% | -0.4% | -7.6% | -9.3% | 9.8% |
| Risk Measures | |
| Beta: | 2.87 |
| R-Squared: | 68% |
| Standard Deviation: | 47.3% |
| Category Risk Index: | 1.86 |
| Category Risk Rating: | High |
| Total Risk Index: | 3.86 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 0 Mil |
| Share Class Assets: | $ 0 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.75% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg Sub Energy TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 18.8 years | |||
| Average Tenure: 18.8 years | |||
| Managers (Year): Manager No (2007) | |||
Portfolio Composition (as of )
| # of Holdings: | |
| % in Top 10 Holdings: | 0.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Uncollateralized Debt Instrument |
| Fund Family: | iPath |
| Phone Number: | 877-764-7284 |
| Website: | www.barclaysinvestments.co.uk |
| Inception Date: | October 23, 2007 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.76% |
