United States Copper Index Fund (CPER)
| Assets | $828.78M |
| Expense Ratio | 0.97% |
| PE Ratio | n/a |
| Shares Out | 10.65M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 4,502,958 |
| Open | 37.10 |
| Previous Close | 38.71 |
| Day's Range | 35.38 - 37.28 |
| 52-Week Low | 25.65 |
| 52-Week High | 40.44 |
| Beta | 0.45 |
| Holdings | 6 |
| 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 Holdings
| Name | Symbol | Weight |
|---|---|---|
| Drey Inst Pref Gov Mm Inst 6546 | n/a | 32.96% |
| Copper Future Mar 26 | n/a | 17.87% |
| Copper Future May 26 | n/a | 17.87% |
| Copper Future July 26 | n/a | 17.86% |
| Bny Cash Reserve | n/a | 12.89% |
| Cash | n/a | 0.55% |
Performance
CPER had a total return of 35.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.66%.
News
Why Platinum, Copper, and Other Commodities May Have Further to Run
Strong demand, years of underinvestment, and deglobalization trends are reinforcing the case for higher prices across metals and energy.
Copper Prices Top $14,500 a Ton For First Time
Copper prices gained as much as 11% to trade above $14,500 a ton for the first time ever Thursday afternoon. Timna Tanners from Wells Fargo talks about the rally in metals and says copper shortages we...
Gold, Silver and Copper reach new highs amid record rally
CNBC's Pippa Stevens reports on news regarding the metals trade.
China's Metals Mania Sends Copper Soaring as Gold Falls From Record High
Copper surged by the most in more than 16 years after a wave of buying from Chinese investors, with prices gaining as much as 11% to trade above $14,500 a ton for the first time ever. Bloomberg's Mike...
Copper tops $14,000 mark as speculation, mine disruptions fuel metals surge
On Thursday, benchmark copper on the London Metal Exchange soared to a record high, surpassing $14,000 per metric ton. The copper surge was primarily driven by speculation, following mine disruptions...
Copper prices touch a record high as metals go ‘absolutely bonkers' right now
Prices for gold, copper and other metals are going “absolutely bonkers” right now, says a Marex analyst.
Copper Prices Hit a Record High. Why a Blowup Could Be Coming Soon.
As copper prices continue to surge, analysts disagree over whether a correction is on the way.
Copper's ascent above $14,000 creates investor dilemma
Copper's red-hot run to above $14,000 a metric ton on Thursday leaves investors facing a decision over whether or not to chase the market higher.
Metals: Gold, Silver, Copper Rally Amid Weaker Dollar
The record-breaking rally in commodities gained fresh momentum as gold, copper and silver hit new highs amid a weaker dollar and rising geopolitical tensions. Bloomberg's Mark Cudmore breaks down the ...
Druckenmiller, Chamath, Friedland: The Copper Supercycle Chorus Gets Louder
Copper has a new bull case—and it's coming from billionaire macro investors, not mining CEOs.
BHP CEO Says Copper Demand Is 'Ubiquitous'
BHP CEO Mike Henry discusses metal markets and the "ubiquitous" demand for copper. He also talks about the company's portfolio and copper flows in the US.
Copper Is Sending A Message — Markets Are Finally Listening
In a year that will be etched in memory on trading floors and in conference rooms, copper has skyrocketed to levels that few anticipated just a year back. As of early January 2026, benchmark copper fu...
Copper theft SURGES alongside high prices
FOX Business' Max Gorden reports on the surge in copper theft as prices for the metal rise on 'The Claman Countdown.'
Copper Prices Fall After Peak. Why Goldman Says a Correction May Be Coming.
Copper prices look set to fall from all-time highs, says Goldman Sachs
Most of copper's rally has happened, Goldman Sachs says. They fear a correction is coming.
Although there are fundamental justifications for copper's rally in 2025, Goldman Sachs said speculative inflows contributed the majority of the upward momentum in prices.
Copper Will Go 'Parabolic': Chamath Predicts A Squeeze
On a recent episode of the "All-In" podcast, investor Chamath Palihapitiya said that copper is set to go “parabolic” in 2026.
Blistering Metals Rally Sends Gold, Silver and Copper to Records
Metals extended their dramatic start to the year — with gold, silver, copper and tin all hitting record highs — as investors piled into the commodities as a red-hot alternative to more traditional ass...
Copper, aluminum climb on supply worries, but Commerzbank sees setback risk
Base metals have seen a strong start to the new year, though they have not reached the record highs set by precious metals. Copper and aluminum continue their rallies from last year, while the price ...
Chile's Codelco expects to lift copper output by 10,000 tons this year
Chilean state-run miner Codelco is expected to produce 1.344 million metric tons of copper in 2026, up about 10,000 tons from last year, Chairman Maximo Pacheco said on Monday.
Teuton Announces Assay Results that Confirm Porphyry-Style Copper Mineralization at Eastern Magnetic Anomaly, Ram Property, Golden Triangle, BC
January 12, 2026 – TheNewswire - Victoria, BC – Teuton Resources Corp. (“Teuton” or the “Company”) (“TUO” – TSX-V) (“TEUTF” – OTCQB) reports assay results from its 2025 inaugural diamond drill program...
Copper Is the Prize in Mining Megadeals
Rio Tinto-Glencore merger talks underscore the growing demand for copper, driven in part by AI.
World will need 50% more copper than we have today: S&P Global's Yergin
CNBC's "The Exchange" team discusses global demand for copper amid the AI boom, market outlook and more with Daniel Yergin of S&P Global.
Silver, copper under pressure as rebalancing kicks off
Precious metals dipped Thursday as the commodity index rebalancing kicked off, with traders saying the largest impacts could be felt in silver and cocoa.
Copper demand to surge 50% by 2040, driven by AI, defense, says S&P
Global copper demand is projected to increase by 50% by 2040, driven by growth in the artificial intelligence and defense sectors. However, according to the consultancy S&P Global, annual supplies ar...
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10 million metric tons annually without more...
What's Behind Copper's Rally to a Record High?
Morgan Stanley Lead Metals & Mining Commodities Strategist Amy Gower examines the drivers behind the rally in copper that pushed the metal above $13,000 a ton for the first time.
Copper prices hit a new record high, but is the metals trade 'stretched'?
Copper hit a fresh record high, while gold and silver trade near their highs. Bloomberg Intelligence senior commodity strategist Mike McGlone and Blue Line Futures chief market strategist Phil Streibl...
Copper Could Hit $14,000 a Ton, Max Layton Says
Copper extended a powerful rally after bursting through $13,000 a ton for the first time. Citi's Global Head of Commodities Research Max Layton said that he is staying bullish on copper in the near-te...
Copper Prices Reach Record Amid Supply Squeeze and Tariff Fears
Copper prices have surged to a record high — driven by fears of a supply crunch and potential US tariffs. Jack Ryan explains.
Ero Copper: Bullish On This Undervalued Canada-Based Copper & Gold Miner
Ero Copper Corp. is a small ($3 billion market cap) Canadian-based copper and gold producer with three producing mines in Brazil. ERO is rated a STRONG BUY due to being significantly undervalued (a TT...
Copper Hits Record High as Metals Trade Leads 2026 Gains
Metals demand remains elevated amid supply disruptions, tariff threats, and geopolitical risks.
Copper Extends Rally, Bursting Through $13,000 a Ton
The rally has been driven by concerns over tightening supply and tariff uncertainty in the U.S.
U.S. Copper Prices Set First Record Since Summer Tariff Surge
Demand for the industrial metal is expected to keep climbing while supplies are limited.
Copper Price Forecast – Divergence from Gold Fuels New Bullish Phase in Copper
Copper's 40% surge in 2025 sets the stage for a catch-up rally in 2026, driven by a weak U.S. dollar, structural supply shortages, and rising demand from AI and energy sectors, as technical and market...
Copper on track for biggest annual gain since 2009 amid supply crunch
Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record its largest annual gain since 2009.
Copper on pace for best year since 2009 as AI demand, supply fears fuel record price rally
Analysts expect copper's record-breaking run to continue into next year, citing supply disruptions and huge artificial intelligence spending. Three-month copper prices on the LME were up 1.5% at $12,4...
Gold, silver, platinum, and copper had historic returns in 2025, but there are risks for 2026
Gold, silver, copper, and platinum have had a historic run to record highs in 2025. We look at the rise of metals, the outlook for 2026, and how it compares to crypto which has been lagging.
Copper Rally Is Still Young. 6 Ways to Play It.
Copper could outperform gold and silver in 2026, according to this market technician. Plus, investment newsletter commentary on stocks, bonds, crude.
Silver Topped Gold In 2025. It's Copper's Turn.
Record gold and silver prices got all the publicity, but metals across the board, from uranium to copper to cobalt, took off this year and look likely to climb next year, too. Here's why.
Gold, silver, and copper outlook for 2026, plus gas prices at 4-year-lows
Bob Iaccino, Path Trading Partners Chief Market Strategist, Co-Host The Futures Edge Podcas,t discusses gold, silver, and copper's record run in 2025, and how investors should play each metal differen...
Freeport-McMoRan and Miner Stocks Climb as Copper Tests Fresh Record
The metal is on pace for its best annual percentage gain since 2009 across all markets.
Best copper stocks to buy as prices continue the bull run
Copper price continued its strong bull run on Friday, reaching its highest point on record in Shanghai and New York. It crossed the important resistance at $14,000 a ton in China, while futures contra...
Gold, Silver, and Copper Hit New Highs
Gold and silver rallied to fresh all-time highs on escalating geopolitical tensions and prospects for more US rate cuts. Silver traded over $70 an ounce for the first time.
As copper reaches record $12K per ton, everyday products poised to get even more expensive
Consumers already battered by higher prices are about to feel another squeeze -- and this one is coming from copper.
Copper Tops $12,000 for First Time Amid Historic Year For Metals Markets
The price has risen more than 20% since early July, when President Donald Trump floated the idea of a 50% tariff.




