CPER

United States Copper Index Fund
D

85
  • Overview
  • Efficiency
  • Tradability
  • Fit

CPER Fund Description

The United States Copper Index Fund tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve.

CPER Factset Analytics Insight

CPER is the sole commodity pool tracking copper futures. The fund uses a complex optimization process to select two or three contracts each month in an attempt to mitigate the effects of contango. 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. CPER is fairly priced in context. However, the biggest risk here is a lack of investor interest; trading CPER can be difficult and expensive at the retail level, and while the fund has a long history, it’s at risk of closure if the issuer decides to cut its losses.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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CPER Top 10 Holdings

CPER Summary Data

11/15/11
Commodities Pool
0.80%
$10.70M
$70.40K
0.37%

CPER Portfolio Data

Futures
Optimized
N/A
--

CPER Index Data

Single Asset
Single Asset
S&P GSCI Copper

Related ETFs to CPER

JJCB
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

CPER Portfolio Management

0.80%
-2.11%
-1.67%
-2.76%

CPER Tax Exposures

27.84% / 27.84%
--
Yes

CPER Fund Structure

Commodities Pool
No
N/A
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CPER Factset Analytics Block Liquidity

As of 05/22/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CPER. CPER is rated a 5 out of 5.

CPER Tradability

3,461
$70.40K
2,493
$56.10K
0.37%
$0.07
-0.07%
1.14% / -2.04%
None
100.00%
50,000
0.05
0.04%
--
--
$19.68
5

CPER Sector Breakdown

CPERSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

CPER Tenor Strategy

CPER is rebalanced monthly, using a rules-based process to select 2-3 copper contracts based on market signals

CPER Performance Statistics

0.89
0.92
0.94
1.02
0.00%

CPER Rolling Strategy

CPER rolls contracts over a 4 day period each month.