CPXR USCF Daily Target 2X Copper Index ETF
Investment Objective
The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the return of the SummerHaven Copper IndexSM (the “Index”) for a single day.
The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund is very different from most mutual funds and exchange-traded funds. The Fund is designed to be utilized only by sophisticated investors, such as traders and active investors employing dynamic strategies.
The Fund does not invest directly in copper. Instead, the Fund seeks to benefit from increases in the price of copper futures contracts for a single day.
The Fund seeks daily investment results, before fees and expenses, that corresponds to two times (2x) the return of the SummerHaven Copper IndexSM (the “Index”) for a single day, not for any other period.
The Fund’s returns for periods longer than a single day will very likely differ in amount, and possibly even direction, from the Fund’s stated multiple (2x) times the return of the Index for the same period. For periods longer than a single day, the Fund will lose money if the Index’s performance is flat, and it is possible that the Fund will lose money even if the level of the Index increases. During periods of higher Index volatility, the volatility of the Index may affect the Fund’s return as much as or more than the return of the Index.
The Fund may not always achieve investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Index
Fund Documents
Fund Details
Name | Value |
---|---|
Fund Inception | 1/21/2025 |
Ticker | CPXR |
Primary Exchange | NYSE Arca |
CUSIP | 45259A688 |
Expense Ratio | 1.20% |
30 Day SEC Yield As of 01/31/2025 |
-% |
*The 30-Day Yield represents net investment income earned by the Fund over the 30-Day period ended on the date indicated by the Yield, expressed as an annual percentage rate based on the Fund’s share price at the end of the 30-Day period. The 30-Day unsubsidized SEC Yield does not reflect any fee waivers/reimbursements/limits in effect.
Name | value |
---|---|
Net Assets | $524.93K |
NAV | $21.00 |
Shares Outstanding | 25,000 |
Premium/discount Percentage | -0.22% |
Closing Price | $20.95 |
Median 30 Day Spread** | 0.2% |
Rate Date |
---|
02/05/2025 |
**30 Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Performance
Inception Date: 01/21/2025
Name |
---|
01/31/2025 |
Fund Name | Fund Ticker | 1MO | 3MO | 6MO | YTD | 1YR | 3YR | 5YR | Since Inception (Cumulative) | Since Inception (Annualized) | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
CPXR | NAV | - | - | - | -2.45 | - | - | - | -2.45 | -59.56 | 01/31/2025 |
CPXR | MKT | - | - | - | -3.2 | - | - | - | -3.2 | -69.49 | 01/31/2025 |
Name |
---|
12/31/2024 |
Fund Name | Fund Ticker | 1MO | 3MO | 6MO | YTD | 1YR | 3YR | 5YR | Since Inception (Cumulative) | Since Inception (Annualized) | Date |
---|---|---|---|---|---|---|---|---|---|---|---|
CPXR | NAV | - | - | - | - | - | - | - | - | - | 12/31/2024 |
CPXR | MKT | - | - | - | - | - | - | - | - | - | 12/31/2024 |
The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on historical returns. Returns beyond 1 year are annualized.
A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.
Distribution Detail
ex_date | record_date | payable_date | fund_total |
---|---|---|---|
12/30/2024 | 12/30/2024 | 12/31/2024 | 0.06 |
Top 10 Holdings
Name |
---|
02/07/2025 |
Date | Account | StockTicker | Name | CUSIP | Shares | Price | Market Value | Weightings | NetAssets | SharesOutstanding | CreationUnits | MoneyMarketFlag |
---|---|---|---|---|---|---|---|---|---|---|---|---|
02/07/2025 | CPXR | FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 428439.23 | 100 | 428439.23 | 80.95% | 529180 | 25000 | 1 | Y |
02/07/2025 | CPXR | HGH5 Comdty | COPPER FUTURE Mar25 | HGH5 COMDTY | 3 | 446.1 | 334575 | 63.21% | 529180 | 25000 | 1 | |
02/07/2025 | CPXR | HGK5 Comdty | COPPER FUTURE May25 | HGK5 COMDTY | 3 | 450 | 337500 | 63.77% | 529180 | 25000 | 1 | |
02/07/2025 | CPXR | HGN5 Comdty | COPPER FUTURE Jul25 | HGN5 COMDTY | 3 | 453.6 | 340200 | 64.28% | 529180 | 25000 | 1 | |
02/07/2025 | CPXR | MHCH5 Comdty | MICRO COPPER Mar25 | MHCH5 COMDTY | 1 | 4.461 | 11152.5 | 2.11% | 529180 | 25000 | 1 | |
02/07/2025 | CPXR | MHCK5 Comdty | MICRO COPPER May25 | MHCK5 COMDTY | 1 | 4.5 | 11250 | 2.13% | 529180 | 25000 | 1 | |
02/07/2025 | CPXR | MHCN5 Comdty | MICRO COPPER Jul25 | MHCN5 COMDTY | 1 | 4.536 | 11340 | 2.14% | 529180 | 25000 | 1 | |
02/07/2025 | CPXR | Cash&Other | Cash & Other | Cash&Other | 100839.18 | 1 | 100839.18 | 19.05% | 529180 | 25000 | 1 | Y |
Holdings are subject to change without notice.
Purchase
USCF Daily Target 2X Copper Index ETF (CPXR) is available through various channels including via phone (888) 123-4589, broker-dealers, investment advisers, and other financial services firms, including:
This Fund is not affiliated with these financial service firms. Their listing should not be viewed as a recommendation or endorsement.