CPXR
USCF Daily Target 2X Copper Index ETF
USCF Daily Target 2X Copper Index ETF seeks to provide investors with daily investment results that correspond to two times the performance of the Bloomberg Copper Subindex, allowing them to capitalize on short-term movements in the copper market.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
2.0 M
ASSETS UNDER MGMT
120 bp
EXPENSES
Fund Basics
| Fund sponsor | USCF |
| Category | Risk Management |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Jan 21, 2025 |
| Assets (mns) | $2 |
| Expense ratio | 120 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| CASH & OTHER | 100.0 % |
| COPPER FUTURE MAY26 | 65.0 % |
| COPPER FUTURE MAR26 | 64.6 % |
| COPPER FUTURE DEC25 | 63.7 % |
| MICRO COPPER DEC25 | 3.5 % |
| MICRO COPPER MAR26 | 2.9 % |
Historical Performance
Standardized Performance (as of 08/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -- | -- | -- | -- | -- | -- | -- | -9.9% |
| Dividend Yield | -- | -- | -- | -- | -- | -- | -- | 0.0% |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | -9.9% | Ann. Volatility | -- | -- | -- | -- | -- | -- | -- | 82.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 8 |
| ADV traded (mns) | $0 |
| Turnover | 7.3% |
| Avg. Bid/Ask (% of price) | 0.42% |
Technical Indicators
| Recent close | $18.21 |
| 30d moving avg. | $19.05 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 39 |
| Short interest | 18.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Risk Management Derivatives ETFs |
| # of ETFs | 109 |
| Avg. Expense Ratio | 85.0 bp |
| Std. Deviation | 17 bp |
| CPXR (120 bp) Percentile rank | 87 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| CPXR | 120.0 | 41.5 | 161.5 |
| Peer Avg. | 96.3 | 31.4 | 127.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .