USCF Daily Target 2X Copper Index ETF (CPXR) Price
USCF Daily Target 2X Copper Index ETF Price
Underlying
USCF Daily Target 2X Copper Index ETF provides 2X daily exposure to USCF.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
USCF Daily Target 2X Copper Index ETF List of Holdings
Frequently asked questions about USCF Daily Target 2X Copper Index ETF
USCF Daily Target 2X Copper Index ETF is offered by USCF, a leading player in the field of passive investments.
The ISIN of USCF Daily Target 2X Copper Index ETF is US45259A6881.
USCF Daily Target 2X Copper Index ETF aims to deliver 2 times the daily return of USCF (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because USCF Daily Target 2X Copper Index ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like USCF Daily Target 2X Copper Index ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
USCF Daily Target 2X Copper Index ETF provides 2X daily long exposure to USCF. When USCF moves +1% in a day, USCF Daily Target 2X Copper Index ETF targets approximately 2% (before fees).
The total expense ratio of USCF Daily Target 2X Copper Index ETF is 1.20%, which means that investors pay 120.00 USD per 10,000 USD in investment capital annually.
The ETF is listed in USD.
European investors may incur additional costs for currency exchange and transaction fees.
No, USCF Daily Target 2X Copper Index ETF does not comply with the EU UCITS investor protection directives.
The current average trading volume of USCF Daily Target 2X Copper Index ETF is 115,743.30.
USCF Daily Target 2X Copper Index ETF is domiciled in US.
The fund was launched on 1/21/2025.
The USCF Daily Target 2X Copper Index ETF mainly invests in Copper companies.
The NAV of USCF Daily Target 2X Copper Index ETF amounts to 24.48 M USD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
USCF Daily Target 2X Copper Index ETF