ETF Quote Details
|NAV (month end)||21.69|
|Premium (+)/Discount (-) (month end)||+0.05|
Zacks Premium Research for CPER
|Zacks ETF Rank [?]||Strong Sell 5|
|ETF Risk [?]||NA|
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ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
|Issuer||US COMMODITY FUNDS|
The Copper Index is a single-commodity index designed to be an investment benchmark for copper as an asset class. The index is composed of copper futures contracts on the COMEX exchange. The Copper Index attempts to maximize backwardation and minimize contango while utilizing contracts in liquid portions of the futures curve. The index is rebalanced monthly based on observable price signals.
CPER is an exchange-traded security that is designed to track the price movements of the Summer Haven Copper Index Total Return. CPER issues units that may be purchased and sold on the NYSE Arca.