The NEXT NOTES Dubai Crude Oil Futures Bear ETN, identified by the ticker JP:2039, offers a sophisticated investment avenue for those seeking to capitalize on anticipated declines in crude oil prices, specifically targeting the Dubai crude oil market. This Exchange-Traded Note (ETN) is meticulously designed for investors with a bearish outlook on crude oil, providing exposure to the front month futures contracts of Dubai crude oil. As a niche product within the energy sector, it caters to those who are strategically positioned to benefit from short-term price movements in one of the world's key oil benchmarks. The ETN stands out by focusing on the front month futures, which typically exhibit heightened volatility and present unique opportunities for tactical trading. This makes it an ideal instrument for seasoned investors aiming to hedge against or profit from downturns in the crude oil market. By offering a direct inverse correlation to crude oil price movements, the NEXT NOTES Dubai Crude Oil Futures Bear ETN serves as a potent tool for portfolio diversification and risk management in energy-focused investment strategies.
NEXT NOTES Dubai Crude Oil Futures Bear ETN (2039) Fund Flow Chart
NEXT NOTES Dubai Crude Oil Futures Bear ETN (2039) 1 year Net Flows: 0
2039 ETF FAQ
What was JP:2039’s price range in the past 12 months?
JP:2039 lowest ETF price was 853.00 and its highest was 1138.00 in the past 12 months.
What is the AUM of JP:2039?
As of Mar 06, 2025 The AUM of JP:2039 is 9.28B.
Is JP:2039 overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does JP:2039 pay dividends?
JP:2039 does not currently pay dividends.
How many shares outstanding does JP:2039 have?
Currently, no data Available
Which hedge fund is a major shareholder of JP:2039?
Currently, no hedge funds are holding shares in JP:2039