Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
United States Copper Index Fund LP (CPER)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: CPER (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 27.92% | Avg. Invested days 53 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 191370 | Beta 0.83 | 52 Weeks Range 24.70 - 33.11 | Updated Date 04/2/2025 |
52 Weeks Range 24.70 - 33.11 | Updated Date 04/2/2025 |
Upturn AI SWOT
United States Copper Index Fund LP
ETF Overview
Overview
The United States Copper Index Fund LP (CPER) provides investors with exposure to the price of copper. It aims to track the performance of a copper commodity benchmark, primarily through investments in copper futures contracts.
Reputation and Reliability
The issuer, U.S. Commodity Funds LLC, is a specialized provider of commodity-related exchange-traded products. They have a moderate track record in commodity ETF management.
Management Expertise
The management team possesses expertise in commodity markets and ETF structuring, focusing on efficient tracking of the copper index.
Investment Objective
Goal
To reflect the performance of the SummerHaven Copper Index Total Return, a benchmark that measures the returns from a portfolio of copper futures contracts.
Investment Approach and Strategy
Strategy: The ETF primarily invests in copper futures contracts. It utilizes a laddered maturity structure to mitigate the impact of contango.
Composition The ETF holds front-month and subsequent-month copper futures contracts traded on exchanges like the COMEX.
Market Position
Market Share: CPER's market share in the copper ETF sector is substantial but not dominant, sharing space with other commodity ETFs.
Total Net Assets (AUM): 148420000
Competitors
Key Competitors
- JJCB
- COPR
Competitive Landscape
The copper ETF market is relatively concentrated, with CPER holding a significant portion of the assets. Advantages include first-mover status and established trading volume. Disadvantages include potential contango risks and competition from newer physically-backed copper funds.
Financial Performance
Historical Performance: Historical performance is highly correlated with copper prices. Performance can fluctuate significantly based on supply and demand dynamics in the copper market.
Benchmark Comparison: The ETF's performance tracks the SummerHaven Copper Index Total Return, with slight deviations due to expenses and trading costs.
Expense Ratio: 0.85
Liquidity
Average Trading Volume
The average trading volume is relatively moderate, allowing for reasonably efficient trading for most investors.
Bid-Ask Spread
The bid-ask spread is generally moderate, but can widen during periods of high volatility or low trading volume.
Market Dynamics
Market Environment Factors
Economic growth, particularly in China and developing nations, significantly impacts copper demand. Supply disruptions, geopolitical events, and inventory levels also affect prices.
Growth Trajectory
Growth is tied to global economic cycles and infrastructure spending. Changes involve adjustments to futures contract maturities and strategies to manage contango.
Moat and Competitive Advantages
Competitive Edge
CPER benefits from its established presence and brand recognition in the copper ETF market. It provides a liquid and accessible way for investors to gain exposure to copper futures without the complexities of direct commodity trading. However, it faces contango risk, which can erode returns over time. Newer physically-backed copper ETFs may present stronger alternatives in mitigating contango effects, diminishing CPER's relative advantage in certain market conditions.
Risk Analysis
Volatility
CPER's historical volatility is high, reflecting the inherent price fluctuations of copper.
Market Risk
The ETF is subject to commodity price risk, including supply disruptions, economic slowdowns, and regulatory changes that can affect copper prices.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking tactical exposure to copper prices, possibly to hedge against inflation or diversify a portfolio with commodities.
Market Risk
CPER is suitable for active traders or those with a short- to medium-term investment horizon due to the volatility and potential for contango.
Summary
United States Copper Index Fund LP (CPER) offers exposure to copper prices through futures contracts. Its performance is closely linked to the copper market, making it volatile. It's most suitable for active traders and those seeking tactical commodity exposure. While it provides liquidity, investors should be aware of the potential for contango to impact returns.
Similar Companies
DBB
Invesco DB Base Metals Fund
DBB
Invesco DB Base Metals Fund
Sources and Disclaimers
Data Sources:
- ETF.com
- Yahoo Finance
- Issuer's Website
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual risk tolerance and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About United States Copper Index Fund LP
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to achieve its investment objective by investing in the Benchmark Component Copper Futures Contracts. The SCI is designed to reflect the performance of the investment returns from a portfolio of copper futures contracts on the Commodity Exchange, Inc. exchange (COMEX).
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.