Key stats
About United States Copper Index Fund ETV
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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.
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Futures
Cash
Bonds, Cash & Other100.00%
Futures50.37%
Cash49.63%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CPER assets under management is 172.44 M USD. It's risen 6.39% over the last month.
CPER fund flows account for −47.83 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.
No, CPER doesn't pay dividends to its holders.
CPER shares are issued by The Marygold Cos, Inc. under the brand US Commodity Funds. The ETF was launched on Nov 15, 2011, and its management style is Passive.
CPER expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
CPER follows the SummerHaven Copper (TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CPER invests in cash.
CPER price has risen by 2.59% over the last month, and its yearly performance shows a 2.26% increase. See more dynamics on CPER price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.92% over the last month, showed a 2.99% increase in three-month performance and has decreased by −0.71% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.92% over the last month, showed a 2.99% increase in three-month performance and has decreased by −0.71% in a year.
CPER trades at a premium (0.42%) meaning the ETF is trading at a higher price than the calculated NAV.