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United States Copper Index Fund

CPER
$
Today’s Change
()

Snapshot
*

Inception Date
Nov 15, 2011
Expense Ratio
0.97%
Type
Global Commodities & Metals
Fund Owner
United States Commodity Funds
Volume (1m avg. daily)
$1,770,774
AUM
$137,066,294
Associated Index
SummerHaven Copper Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

BNY CASH RESERVE
47.19%
DREY INST PREF GOV MM INST 6546
17.61%
US DOLLARS
7.2%
TREASURY BILL 0 10/12/2023
4.93%
TREASURY BILL 0 10/26/2023
4.92%
TREASURY BILL 0 11/28/2023
4.89%
TREASURY BILL 0 12/12/2023
4.88%
TREASURY BILL 0 11/30/2023
4.19%
TREASURY BILL 0 12/19/2023
4.18%
Derivatives offset
-96.71%

What is CPER?

The investment objective of CPER is for the daily changes in percentage terms of its shares per share net asset value ( NAV ) to reflect the daily changes in percentage terms of the SummerHaven Copper Index Total Return (the SCI ), less CPER s expenses.

1M
3M
6M
YTD
1Y
3Y
Max

CPER
Performance Measures**

for the time period Nov 15, 2011 to Dec 4, 2025

Returns

1M Trailing Return: 7.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 17.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -64.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 88.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.42

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.03

The annualized return divided by the max drawdown for the selected time period.

ETFs related toCPER

ETFs correlated to CPER include DBB, COPX, PICK

CPER
United States Commodity Funds LLC - United States Copper Index Fund
DBB
Invesco DB Multi-Sector Commodity Trust - Invesco DB Base Metals Fund
COPX
Global X Funds - Global X Copper Miners ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
BBAX
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
DTH
WisdomTree Trust - WisdomTree International High Dividend Fund
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
SLX
VanEck ETF Trust - VanEck Steel ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toCPER

Metals Contrarian Switch (187,35,2011)

Category

ETF rotation, contrarian mean reversion, RSI trigger, leveraged tech, metals/commodities, daily rebalancing, single-position

OOS Cumulative Return

94.07%

NOVA | Gobi's Picks + Feaver Hedge Block + Better HTX + TQQQ-KMLM

Category

Multi-strategy, trend-following, tactical allocation, volatility hedging, leveraged ETFs, commodities, bonds, tech growth

OOS Cumulative Return

92.45%

Create your own algorithmic trading strategy with CPER using Composer

FAQ

CPER is a Global Commodities & Metals ETF. The investment objective of CPER is for the daily changes in percentage terms of its shares per share net asset value ( NAV ) to reflect the daily changes in percentage terms of the SummerHaven Copper Index Total Return (the SCI ), less CPER s expenses.

CPER tracks the SummerHaven Copper Index.

No, CPER is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CPER is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CPER is -0.0232%. This is the percent change in the value of CPER over the most recent 1-month period. The 3-month return on CPER is -0.0278%. This is the percent change in the value of CPER over the most recent 3-month period.

The standard deviation of CPER for the past year is 0.2379%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CPER include PPLT, IAU, and SIVR.

ETFs correlated to CPER include DBB, COPX, and PICK.

ETFs that are inversely correlated to CPER include USDU, EDZ, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.