United States Copper Index Fund (CPER)
| Assets | $206.25M |
| Expense Ratio | 0.97% |
| PE Ratio | 3.49 |
| Shares Out | 7.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +30.91% |
| Volume | 292,966 |
| Open | 29.91 |
| Previous Close | 29.68 |
| Day's Range | 29.51 - 30.19 |
| 52-Week Low | 21.88 |
| 52-Week High | 30.19 |
| Beta | 0.48 |
| Holdings | 19 |
| Inception Date | Nov 15, 2011 |
About CPER
Fund Home PageThe United States Copper Index Fund (CPER) is an exchange-traded fund that is based on the SummerHaven Copper index. The fund tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve. CPER was launched on Nov 15, 2011 and is issued by Marygold.
Top 10 Holdings
92.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Copper Future July 24 | n/a | 18.43% |
| Copper Future Sept 24 | n/a | 17.78% |
| Copper Future Dec 24 | n/a | 17.51% |
| Bny Cash Reserve | n/a | 17.32% |
| Drey Inst Pref Gov Mm Inst 6546 | n/a | 10.89% |
| Rbc Us Govtt 1 1465 | n/a | 2.84% |
| United States Treasury Bills 0% | B 0 07.02.24 | 2.32% |
| United States Treasury Bills 0% | B 0 07.11.24 | 2.06% |
| United States Treasury Bills 0% | B 0 08.08.24 | 2.05% |
| United States Treasury Bills 0% | B 0 05.21.24 | 1.81% |
News
Oil Demand To Slow, Copper 'Handsomely' Outperforms Dollar | Bloomberg The Pulse 05/15/24
The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. The IEA adds that Russia's April expo...
Copper futures hit record high as data center build-up, EV growth fuels demand
Copper futures on the NYMEX hit a record $XXX per pound, according to data from FactSet. The metal has gained more than 25% so far this year.
Currie: Copper Is the New Oil
Jeff Currie, chief strategy officer at Carlyle Group, says copper is the new oil. He's also bullish on oil and shares his thoughts on gold demand "Bloomberg Surveillance.
Copper prices hit 2-year high, entering overbought territory
Copper futures climbed to their highest settlement in over two years on Monday, but after a roughly 28% rise over the past three months, some analysts warned that the industrial metal has reached over...
Copper and gold trade higher, and the Philippines want in the nickel game
After two weeks of consolidation, gold is attracting some new bullish attention after holding initial support at around $2,300 an ounce, noted mining audiences manager Michael McCrae.
Why it's so hard to get backing for copper projects - Inflection Resources' Alastair Waddell
(Kitco News) - Copper projects pose substantial hurdles for development, said Alistair Waddell, president and CEO of Inflection Resources.
Easy projects are mostly developed, the next are challenged - Neil Adshead on copper pipeline
(Kitco News) - Tracking a miner's costs are just as important for anticipating stock jumps as keeping an eye on metal prices, said Neil Adshead, consultant analyst at Commodity Discovery Fund.
BofA Securities says copper is one of its top commodity picks
Matty Zhao, head of Asia-Pacific basic materials and oil and gas research at BofA Securities, says artificial intelligence will boost the demand for copper and the metal's prices.
Copper prices slide from two-year highs but uptrend remains as demand outstrips supply
(Kitco News) - The copper market is seeing some renewed volatility, but analysts note that a perfect storm continues to churn, as growing demand and dwindling supplies could push prices to record high...
Barrick CEO Bristow on Earnings, Gold and Copper Markets
Barrick Gold President and CEO Mark Bristow discusses the company's first-quarter earnings and the outlook for the gold and copper markets with Katie Greifeld on Bloomberg Television. Barrick Gold rep...
Copper prices retreat from two-year high of $10,208 a ton amid cautious Chinese demand
Copper prices retreat from two-year high of $10,208 a ton amid cautious Chinese demand. Copper prices slipped after initially climbing above $10,200 a ton, as market focus shifted towards demand condi...
A Surprise YTD Rally in Copper ETFs
One of this year's thematic surprises has been the outperformance of copper and copper-themed ETFs. There have been outsized returns ranging from 16% to over 20% YTD.
Copper Prices Hit $10,000 a Ton. Are Investors Too Bullish?
Ben Davis, mining analyst at Liberum, says copper's surge is "overdone" after prices hit $10,000 a ton for the first time in two years. "If you look at a lot of the physical fundamentals, the other ki...
Copper tops $10k per tonne for first time in 2 years amid soaring demand, tight supplies
Copper prices soared above the $10,000 mark per tonne on Friday, the first time in two years, driven by high global demand and constrained supply chains.
As Copper Demand Surges, Urban Mining May Save The Day
Reuters recently interviewed Graeme Train, Head of Metals Analysis at Swiss-based commodity trader Trafigura, who said worldwide demand for copper is expected to grow almost 40% over the next decade. ...
BHP, Anglo American May Merge. Why It's All About Copper.
The deal highlights the strengthening demand for metals such as copper in artificial intelligence and electric vehicles.
Copper Still Isn't a One-Way Bet
The price of the metal has surged and BHP has bid for miner Anglo American, but the bull case for the metal is a bit more complicated than it seems.
BHP's proposed bid for Anglo American is a big bet on copper
BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets as a bullish demand outlook and tight supply for a mineral crucial to the...
BHP Group makes $38.8 bln play for Anglo American, copper in focus
BHP Group said it made an offer to buy London-listed miner Anglo American , valuing its share capital at 31.1 billion pounds ($38.84 billion), a deal that would create the world's biggest copper miner...
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver so far this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.
Copper's record as a stock market and economic predictor is tarnished
Copper's recent surge to a two-year high is rekindling belief (and hope) in the urban myth that the metal is a good leading indicator for the U.S. stock market. But copper's actual track record is no ...
We're entering the second secular bull market for copper, says Citi's Max Layton
Max Layton, Citi global head of commodities research, joins 'Squawk Box' to discuss the latest oil and commodities price trends, impact of Middle East conflict, and more.
Copper and Aluminum Prices Reach Annual Highs on Tight Supply, Higher Demand
Copper and aluminum prices both breached their highest levels since 2022 and 2023, respectively, as global demand picks up and supplies tighten.
Gold & Copper Hit Highs & Silver is Outperforming Gold
Gold (/GC) hit a new all-time high last week. Everett Millman discusses how the Iran-Israel conflict will impact gold.
Copper prices climb to 2024 high as Citi calls the start of the metal's second bull market this century
Demand for copper is widely considered a proxy for economic health.