Key stats
About United States Copper Index Fund
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Inception date
Nov 15, 2011
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Capitalizes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
United States Commodity Funds LLC
Distributor
ALPS Distributors, Inc.
ISIN
US9117181043
CPER is a commodity pool tracking copper futures contracts on COMEX. The fund uses a complex optimization process to select two or three contracts each month in an attempt to mitigate the effects of contango. Contracts are selected using quant analysis on prices of eligible copper futures, developed by Summer Haven Index Management. Because of the fund`s commodity pool structure, investors will pay a blended tax rate on capital gains regardless of how long they`ve held it, and will receive a K-1 at tax time.
Related funds
Classification
What's in the fund
Exposure type
Futures
Cash
Bonds, Cash & Other100.00%
Futures50.88%
Cash49.12%
Top 10 holdings
Big divergence between $SPX & $CPERThis probably is not a good sign for the SP:SPX , as these assets are highly correlated (0.88) and normally AMEX:CPER leads the business cycle.
Also, the TVC:VIX is back above 20 and NASDAQ:TLT hasn't resume its downtrend.
Even the dollar AMEX:UUP is showing strength again.
I'm 87% in c
CPER see brrrrLooking at the weekly chart with 200MA for CPER. I'm a fan of owning physical metals but CPER is a nice way for people to dabble in copper without actually getting bullion.
The 200MA is now coinciding with the lower boll band. On a weekly chart I'd expect this to serve as rock solid support. I've
Economic Game Mechanics: Part 3DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. The function of this essay is the maddening diatribe of a curious author, and how this one manages micro- and macro-economic data for a critical investigation into the micro- and
Weekly Bullish Harami with Hidden Bullish DivergenceThe 2022 call options for this one seems like a good play. Or you could buy some shares but im going the route of options.
Copper in line with Mkt breath weakness. Potential correctionCopper in line with Mkt breath weakness. Potential correction
Copper Trend intactCopper has a strong uptrend with a stair-step behavior.
With pent-up demand for semi-conductors, copper mining has been increasing to help suppliers.
For in depth analysis, please check my last charts on CPER.
Copper Price should move on!Even the news shows different?
Who trust China claiming it will prevent raising prices? Really?
They only interested to put the price down to buy more copper! Think about it? Why should china help us?
See also money flow in this ETF: etfdb.com
So large volume still goes in this ETF and this for
Copper close to complete the measured move!Copper has a healthy stair-step trend, with mid-term consolidations after big rally's, as drawn in chart.
We are about to make the measured move which I projected in my last chart on this ETF, at this point I expect we could enter a period of consolidation.
Risk Management
I will tight my exits
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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.
CPER assets under management is 304.75 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.
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.
CPER invests in cash. See more details in our Analysis section.
CPER expense ratio is 0.97%. 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, CPER 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, CPER doesn't pay dividends to its holders.
CPER shares are issued by The Marygold Cos, Inc.
CPER follows the SummerHaven Copper (TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 15, 2011.
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.