CPXR

USCF Daily Target 2X Copper Index ETF

$21.79

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The USCF Daily Target 2X Copper Index ETF (CPXR) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Bloomberg Copper Subindex.

Overview

ETF tracking USCF Daily Target 2X Copper Index ETF

Category Leveraged

Issuer Other

Inception Date 2025-01-22

Market Cap $2.4M

Average Volume N/A

Dividend Yield N/A

52-Week Range $16.96 - $32.54

VWAP $21.79

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The USCF Daily Target 2X Copper Index ETF (CPXR) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Bloomberg Copper Subindex.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swaps, to provide leveraged exposure to the copper commodity market. It aims to achieve its objective on a daily basis, but its performance may not match the target over longer time periods due to the effects of compounding.

✨ Key Features

Provides 2x leveraged exposure to the copper commodity market
Resets leverage daily, which can lead to compounding effects over time
Designed for short-term trading and not suitable for long-term buy-and-hold investors
Has a low expense ratio of 0.00%

⚠️ Primary Risks

Leveraged funds can experience significant losses in a short period of time
Volatility and compounding effects can lead to performance that differs from the target over longer time frames
Commodity markets can be highly volatile and subject to sudden price swings
Counterparty risk associated with the use of derivatives

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who understand the risks of leveraged products and are seeking short-term exposure to the copper commodity market. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.