|Bid||27.74 x 800|
|Ask||27.90 x 800|
|Day's Range||27.66 - 27.90|
|52 Week Range||14.59 - 27.93|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||28.21%|
|Beta (5Y Monthly)||0.80|
|Expense Ratio (net)||0.76%|
Many investors are hesitant to buy individual commodities, but exchange-traded funds (ETFs) make this area accessible to a broader range of investors. Commodities can be a useful hedge against inflation, and they help diversify investment portfolios beyond more traditional stocks and bonds.
Copper exchange-traded funds (ETFs) are designed to track the price of copper, an industrial metal used in a wide variety of applications in manufacturing, electronics, and construction. Copper is considered a cyclical commodity whose price fluctuates in tandem with economic cycles, rising when the economy grows and falling when the economy slows.
The asset class has outperformed U.S. stocks over the past six months.