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Sprott Physical Copper TrustSprott Physical Copper TrustSprott Physical Copper Trust

Sprott Physical Copper Trust

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Key stats


Assets under management (AUM)
‪150.68 M‬ USD
Fund flows (1Y)
‪45.80 M‬ USD
Dividend yield (indicated)
—
Discount/Premium to NAV
27.0%
Shares outstanding
‪16.24 M‬
Expense ratio
1.30%

Fund info


Issuer
Sprott Inc.
Brand
Sprott
Home page
sprott.com
Inception date
Jun 6, 2024
Structure
Canadian Commodity Pool (ON)
Index tracked
LME Copper Spot Price - CAD - Benchmark Price Return
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Sprott Asset Management LP
ISIN
CA85210C1005
CUSIP
85210C100
FIGI
BBG01P47NM54
Identifiers
ISIN CA85210C1005
The Trust is the world's first physical copper fund, offering a secure and convenient alternative for investing in copper. It primarily holds long-term Copper assets and uses strategies such as futures contracts and warehouse receipts to enhance value and minimize risks. Copper demand is projected to rise due to global economic recovery, clean energy transitions, and technological advancements, potentially leading to a supply deficit starting this year. The Trust provides daily NAV reporting, lower costs, and logistical support. Copper is stored in reputable CME or LME-approved facilities with insurance against risks like loss, theft, or damage. The Trust adheres to ESG principles, following LME Responsible Sourcing rules, OECD guidelines, and UN Global Compact standards. SAM US advises on futures and other financial instruments. The Trust is unleveraged, only using short-term borrowings to settle trades. Daily NAV reporting ensures transparency.

Classification


Asset Class
Commodities
Category
Industrial metals
Focus
Copper
Niche
Physically held
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset

Profile


What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund95.50%
Cash4.50%
Top 10 holdings

News



Ideas



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Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SCOP trades at 11.80 USD today, its price has fallen −2.41% in the past 24 hours. Track more dynamics on SCOP price chart.
SCOP net asset value is 9.31 today — it's fallen 4.81% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SCOP assets under management is ‪150.68 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SCOP price has fallen by −4.93% over the last month, and its yearly performance shows a −1.67% decrease. See more dynamics on SCOP price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.81% over the last month, showed a 9.54% increase in three-month performance and has increased by 29.97% in a year.
SCOP fund flows account for ‪45.80 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SCOP invests in funds. See more details in our Profile section.
SCOP expense ratio is 1.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SCOP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, SCOP doesn't pay dividends to its holders.
SCOP trades at a premium (26.98%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SCOP shares are issued by Sprott, Inc.
SCOP follows the LME Copper Spot Price - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 6, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.