Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
United States Copper Index Fund LP (CPER)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: CPER (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -3.46% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.1 | 52 Weeks Range 24.70 - 33.11 | Updated Date 06/29/2025 |
52 Weeks Range 24.70 - 33.11 | Updated Date 06/29/2025 |
Upturn AI SWOT
United States Copper Index Fund LP
ETF Overview
Overview
The United States Copper Index Fund LP (CPER) is an exchange-traded fund designed to track the performance of copper futures contracts. It offers investors exposure to the price of copper without directly purchasing or storing the metal. CPER focuses on investing in near-month copper futures.
Reputation and Reliability
United States Commodity Funds LLC (USCF) is the issuer, specializing in commodity-based ETFs. USCF has a solid reputation in the commodity ETF space, providing diversified investment products.
Management Expertise
USCF has experience in managing commodity ETFs and employs a team with expertise in commodity markets.
Investment Objective
Goal
To track the daily changes in percentage terms of the performance of the SummerHaven Copper Index Total Return, plus interest earned from cash collateral.
Investment Approach and Strategy
Strategy: The ETF aims to reflect the performance of copper futures contracts. It uses a laddered approach to manage contango and backwardation effects.
Composition The fund invests primarily in copper futures contracts, with a small portion of its assets held in cash and cash equivalents for collateral purposes.
Market Position
Market Share: CPER's market share varies depending on the specific time period considered and the availability of comparable copper-focused ETF data.
Total Net Assets (AUM): 158143436
Competitors
Key Competitors
- JJCB
Competitive Landscape
The copper ETF market is relatively concentrated, with CPER holding a substantial portion of the assets. CPER benefits from its first-mover advantage and established presence. Its disadvantage compared to other broad commodity ETFs is its focus on a single commodity, which could result in higher volatility.
Financial Performance
Historical Performance: Historical performance can vary significantly depending on the copper market cycle. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should be compared to the SummerHaven Copper Index Total Return to assess tracking accuracy.
Expense Ratio: 0.8
Liquidity
Average Trading Volume
The average trading volume is moderate, providing sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting the ETF's liquidity and demand.
Market Dynamics
Market Environment Factors
Factors such as global economic growth, infrastructure spending, and supply disruptions impact copper prices. Demand from China, as well as global monetary policy will also impact CPER.
Growth Trajectory
The growth trajectory of CPER is tied to the outlook for copper prices. Copper demand is expected to increase due to electrification and global growth.
Moat and Competitive Advantages
Competitive Edge
CPER offers a straightforward way to gain exposure to copper futures. The fund's investment strategy involves regularly rolling futures contracts to maintain exposure. CPER's concentrated focus on copper may be attractive to investors with a specific view on the metal. Being the first pure-play Copper ETF also gives CPER an advantage as it captures most of the search traffic from investors interested in such exposure.
Risk Analysis
Volatility
CPER experiences moderate to high volatility, reflecting the price swings of copper futures contracts.
Market Risk
CPER is subject to commodity price risk, regulatory risks impacting futures trading, and risks associated with contango and backwardation.
Investor Profile
Ideal Investor Profile
CPER is suitable for investors seeking tactical exposure to copper prices or those looking to hedge against inflation. It is not suited for risk-averse investors.
Market Risk
CPER is best for active traders or investors with a short-term investment horizon.
Summary
The United States Copper Index Fund LP (CPER) is designed to track the performance of copper futures contracts, offering investors a way to access the copper market without direct ownership. Managed by USCF, it primarily invests in near-month copper futures, rebalancing its portfolio to reflect market conditions. Due to the price fluctuations in the copper market, the investment will be best for investors with a high-risk tolerance. Market dynamics impacting copper prices, such as global economic growth and supply chain issues, directly influence CPER's performance. However, one should note CPER is subject to commodity price risk, regulatory risks, and risks associated with contango and backwardation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF provider website
- Financial news sources
- Investment analysis platforms
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About United States Copper Index Fund LP
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to achieve its investment objective by investing in the Benchmark Component Copper Futures Contracts. The SCI is designed to reflect the performance of the investment returns from a portfolio of copper futures contracts on the Commodity Exchange, Inc. exchange (COMEX).
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.