United States Copper Index Fund (CPER)
| Assets | $134.05M |
| Expense Ratio | 0.97% |
| PE Ratio | 2.79 |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +4.23% |
| Volume | 55,922 |
| Open | 24.14 |
| Previous Close | 24.21 |
| Day's Range | 24.04 - 24.18 |
| 52-Week Low | 21.88 |
| 52-Week High | 26.38 |
| Beta | n/a |
| Holdings | 10 |
| 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
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Bny Cash Reserve | n/a | 24.82% |
| Copper Future Mar 24 | n/a | 16.98% |
| Copper Future May 24 | n/a | 16.93% |
| Copper Future July 24 | n/a | 16.88% |
| Drey Inst Pref Gov Mm Inst 6546 | n/a | 12.89% |
| Cash | n/a | 3.74% |
| United States Treasury Bills 0% | B 0 12.19.23 | 2.35% |
| United States Treasury Bills 0% | B 0 02.29.24 | 1.93% |
| United States Treasury Bills 0% | B 0 03.26.24 | 1.93% |
| United States Treasury Bills 0% | CMBR 0 02.15.24 | 1.55% |
News
Gold, Silver, Copper Daily Forecast: Bullish Gold Amid Rate Cut Hopes
Gold prices, currently at $2,064.84 an ounce, are poised for significant gains in 2023 due to anticipated Federal Reserve interest rate cuts, potentially starting as early as March 2024.
Copper at $15,000-a-Ton Is Needed to Spur New Mines, Says Friedland
Robert Friedland, Ivanhoe Mines Ltd. founder and executive co-chairman, says copper prices need to hit about $15,000 a ton in order to stimulate the industry into building costly new mines.
Copper prices could run as high as $5 per pound in 2024, says Ellis Martin
(Kitco News) - Next year will be a breakout year for copper, said Ellis Martin, founder of The Ellis Martin Report.
Copper production in Peru up 2% in October and 14% in 10M23 - report
(Kitco News) - According to the Ministry of Energy and Mines of Peru (MINEM), copper production in Peru, the world's second largest copper producing country, amounted to 240,097 tonnes in October 2023...
'Copper has been brutally pumped'- Hallgarten's Ecclestone
(Kitco News) - The main driver for copper prices to go higher is under-supply and not electrification, said Christopher Ecclestone, mining strategist at Hallgarten + Company.
Gold, Silver, Copper Daily Forecast: Navigating Economic Uncertainty
Gold prices steadied after recent highs, balancing between Fed signals and geopolitical tensions, with key U.S. data and China's mixed economic cues affecting Silver and Copper.
No new copper projects until the market is 'screaming for it'
(Kitco News) - In 2025 primary copper supply will “start to fall off a cliff,” but the copper price isn't high enough yet to incentivize new mine builds, says Nicole Adshead-Bell, chair of Hot Chili (...
Copper production in Peru up 2.1% in October, mining sector expands 3.1%
(Kitco News) - The National Institute of Statistics and Informatics of Peru (INEI) announced today that the domestic mining and hydrocarbons sector expanded by 3.1% in October 2023 compared to the cor...
Copper production in Chile falls 4.4% in October - report
(Kitco News) - According to Chile's National Institute of Statistics (INE), the country's industrial production index (IPI) rose 1.1% in October 2023 y-o-y, driven by growth in Chile's manufacturing a...
Everything you know about copper is about to change
(Kitco News) - Copper's traditional role, tracking the overall health of the global economy, is changing, said Todd Warren, portfolio manager at Tribeca Investment Partners.
Ivanhoe launches copper exploration campaign in Angola, eyeing extension of the Copperbelt
(Kitco News) - Copper producer Ivanhoe Mines (TSX: IVN) announced on Monday that the company has been granted 22,195 square kilometres of greenfield prospecting rights for exploration in the Moxico an...
Global copper surplus shrinks to 17kt in 9M23, ICSG reports
(Kitco News) - ICSG said that global refined copper balance in 9M 2023 indicates an apparent surplus of about 17kt (8M 2023: 99kt), as refined copper production increased by about 5.3% while refined c...
First Quantum warns of further winding down, copper prices jump
(Kitco News) - Reuters reported that the company is considering putting the key Panama copper mine in care and maintenance mode starting this week.
Copper Market Slump Threatens Shift to Wind Power, Electric Cars
Green-energy transition requires increasing supplies, but demand is waning.
Copper Prices Have Tumbled. Is a Global Recession Coming?
Lower prices may indicate industry weakness, but the latest checkup with “Dr. Copper” shows the health of the global economy is holding up.
Something unusual is happening in copper markets that hasn't been seen in 30 years
Something unusual is happening in the market for copper that hasn't been seen in nearly 30 years. Some see it as yet another sign that the global economy could be headed for a rough patch.
Copper is the new oil, says Goldman Sachs' Jeff Currie
Jeff Currie, Goldman Sachs' outgoing global head of commodities research, joins ‘The Exchange' to discuss his retirement from the firm, why he is bullish on Copper, and the state of the global energy ...
Sandfire Resources CEO says copper will play an 'enormous part' in global decarbonization
Brendan Harris, CEO and Managing Director of Sandfire Resources, remains optimistic about copper prices and his business outlook despite fears of a global slowdown.
For the first time since 2019, the S&P 500 and copper are no longer moving together
Analysts at RBC Capital Markets, which spotted this shift, say the news reflects the dichotomy between a resilient U.S. economy and a weaker China, the latter of which has gobbled up the yellow metal ...
Copper is the 'most strategic' out of all the metals, says Barrick Gold CEO Mark Bristow
Mark Bristow, Barrick Gold president and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, the outlook on gold and copper, and more.
There will be a rebound in copper, says Capital Wealth's Simpson
Kevin Simpson, Capital Wealth Planning founder, joins 'Closing Bell' to discuss Simpson's portfolio positioning, Simpson's caution towards equity markets, and what Simpson believes investors will cont...
Innovation in EVs seen denting copper demand growth potential
New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth for the metal as the next-generation of EVs hi...
California Carbon Allowances a Less Volatile Commodity
This year remains a challenging one for most commodities as global economic slowing undermines demand. Ongoing uncertainty in the U.S. led to prolonged market volatility in the last six months — volat...
Goldman Sachs says rising EV usage to power higher copper demand
Goldman Sachs said rising usage of electric vehicles (EV) was a "key pillar of copper's bullish story", forecasting copper demand from the sector to amount to 1 million tonnes (mt) this year, rising t...
Why copper's 12% surge over the past month could signal bright times ahead for the broader economy
Copper prices have jumped as much as 12% from their May 25 low, and that could signal green shoots for the economy. The metal has long been viewed as a leading economic indicator as the commodity is f...