Skip to Content

United States Copper Index Fund

CPER
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 15 2011
Expense Ratio
0.88%
Type
Global Commodities & Metals
Fund Owner
United States Commodity Funds
Volume (1m avg. daily)
$5,909,521
AUM
$154,539,000
Associated Index
SummerHaven Copper Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
DREY INST PREF GOV MM INST 6546
50.84%
n/a
BNY CASH RESERVE
0.24%
n/a
US DOLLARS
-2.79%
Invest with CPER

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.

ETFs related toCPER

ETFs correlated to CPER include JJC, DBB, COPX

CPER
United States Commodity Funds LLC - United States Copper Index Fund
JJC
Barclays Bank PLC - iPath Series B Bloomberg Copper Subindex Total Return ETN
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
NBCM
Neuberger Berman ETF Trust - Commodity Strategy ETF
EPU
BlackRock Institutional Trust Company N.A. - iShares MSCI Peru ETF
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
MXI
BlackRock Institutional Trust Company N.A. - iShares Global Materials ETF
SLX
VanEck ETF Trust - VanEck Steel ETF
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources 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.

Automated Strategies
Related toCPER

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

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.

The top holdings for CPER include DREY INST PREF GOV MM INST 6546, BNY CASH RESERVE, and US DOLLARS.

CPER has 5 total holdings.

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 0.0399%. This is the percent change in the value of CPER over the most recent 1-month period. The 3-month return on CPER is 0.105%. 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 0.2791%. 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 GLD, PPLT, and SIVR.

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

ETFs that are inversely correlated to CPER include JDST, GDXD, and DUST.

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.