CPER
United States Copper Index Fund

Price: $28.95
Change: $0.73 (0.03%)
Category: Metals
Last Updated:

Vitals

Structure Commodity Pool
Expense Ratio 0.80%
ETF Home Page Home page
Inception Nov 15, 2011

Analyst Report

This ETP seeks to replicate an index which is comprised of a basket of exchange traded futures contracts. The underlying index is designed to reflect the performance of a portfolio of copper futures contracts, diversified across multiple maturities, fully collateralized with 3-month U.S. Treasury Bills. CPER utilizes a unique roll methodology in an effort to maximize backwardation and minimize the potentially adverse effects of contango; it selects futures contracts in liquid positions alog the futures curve as it deems necessary. Copper is one of the oldest metals, having been used as currency more than ten thousand years ago. Copper has also been instrumental in the development of human civilization, playing a key role in various developments throughout history. Copper’s widespread use has not diminished; it is still one of the most widely-used industrial metals, a key component of construction activity and other industrial uses around the globe. It has also become popular as an investable asset, acting as both a potential inflation hedge as well as an opportunity to profit from increased demand for raw materials from emerging markets. CPER could be an effective tool for achieving exposure to this industrial metal, although investors should consider the nearly identical JJC and CUPM, both of which are cheaper alternatives.

ETF Database Themes

Category Metals
Asset Class Commodity
Commodity Type Industrial Metals
Commodity Copper
Commodity Exposure Futures-Based

FactSet Classifications

  • Segment Commodities: Industrial Metals Copper
  • Category Industrial Metals
  • Focus Copper
  • Niche Optimized
  • Strategy Optimized commodity
  • Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $18.70
  • 52 Week Hi $29.60
  • AUM $259.8 M
  • Shares 9.4 M

Historical Trading Data

  • 1 Month Avg. Volume 270,704
  • 3 Month Avg. Volume 222,927

Alternative ETFs in the ETF Database Metals Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest JJC 0.45% $78.4 M 32,144 33.53%
Largest (AUM) DBB 0.80% $469.0 M 180,806 38.53%
Most Liquid (Volume) DBB 0.80% $469.0 M 180,806 38.53%
Top YTD Performer JJT 0.45% $19.3 M 3,350 107.68%

Alternative ETFs in the FactSet Commodities: Industrial Metals Copper Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest JJC 0.45% $78.4 M 32,144 33.53%
Largest (AUM) JJC 0.45% $78.4 M 32,144 33.53%
Most Liquid (Volume) JJC 0.45% $78.4 M 32,144 33.53%
Top YTD Performer JJC 0.45% $78.4 M 32,144 33.53%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

CPER ETF Database Category Average FactSet Segment Average
Number of Holdings 1 3 1
% of Assets in Top 10 100.00% 100.00% 100.00%
% of Assets in Top 15 100.00% 100.00% 100.00%
% of Assets in Top 50 100.00% 100.00% 100.00%

Size Comparison

CPER ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

CPER Valuation

This section compares the P/E ratio of this ETF to its peers.

CPER
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

CPER Dividend

This section compares the dividend yield of this ETF to its peers.

CPER ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.03 N/A
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A N/A N/A
Annual Dividend Yield N/A N/A N/A

CPER Price and Volume Chart

CPER Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -27.69 M 3 Month Net Flows: -39.62 M 6 Month Net Flows: 39.59 M 1 Year Net Flows: 201.22 M 3 Year Net Flows: 214.89 M 5 Year Net Flows: 223.15 M 10 Year Net Flows: 227.29 M

CPER Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for CPER on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Metals with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B DBB
Expenses A CPER
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

CPER Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

CPER
Expense Ratio
0.80%
ETF Database Category Average
Expense Ratio
0.59%
FactSet Segment Average
Expense Ratio
0.63%

Tax Analysis

Max ST Capital Gains Rate 27.84%
Max LT Capital Gains Rate 27.84%
Tax On Distributions No distributions
Distributes K1 Yes
ESG Themes and Scores

CPER does not have an ESG score. There are no ESG themes that map to this ETF.

CPER Performance

This section shows how this ETF has performed relative to its peers.

CPER ETF Database
Category Average
Factset Segment
Average
1 Month Return 11.09% 9.89% 11.54%
3 Month Return 9.95% 12.09% 9.93%
YTD Return 33.21% 40.37% 33.37%
1 Year Return 51.10% 55.32% 51.87%
3 Year Return 63.74% 25.73% 31.87%
5 Year Return 108.87% 27.76% 54.44%

Geographic Exposure

The following charts reflect the geographic spread of CPER's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of CPER's underlying holdings.

CPER Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
35.91%
Rank
6 of 9

20 Day Volatility
29.05%
Rank
3 of 9

50 Day Volatility
27.71%
Rank
3 of 9

200 Day Volatility
25.79%
Rank
4 of 9

Beta
0.73
Rank
2 of 9

Standard Deviation
2.74%
Rank
5 of 9

Technicals

  • 20 Day MA $26.19
  • 60 Day MA $26.40
  • MACD 15 Period 2.59
  • MACD 100 Period 2.38
  • Williams % Range 10 Day 7.06
  • Williams % Range 20 Day 6.05
  • RSI 10 Day 78
  • RSI 20 Day 66
  • RSI 30 Day 61
  • Ultimate Oscillator 66

Bollinger Bands

  • Lower Bollinger (10 Day) $24.51
  • Upper Bollinger (10 Day) $28.90
  • Lower Bollinger (20 Day) $24.24
  • Upper Bollinger (20 Day) $28.15
  • Lower Bollinger (30 Day) $24.61
  • Upper Bollinger (30 Day) $27.94

Support & Resistance

  • Support Level 1 $28.74
  • Support Level 2 $28.52
  • Resistance Level 1 $29.20
  • Resistance Level 2 $29.44

Stochastic

  • Stochastic Oscillator %D (1 Day) 43.74
  • Stochastic Oscillator %D (5 Day) 85.82
  • Stochastic Oscillator %K (1 Day) 44.34
  • Stochastic Oscillator %K (5 Day) 78.24

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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