|Bid||44.35 x 900|
|Ask||44.86 x 1000|
|Day's Range||43.95 - 44.82|
|52 Week Range||32.02 - 47.34|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||0.17%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.45%|
Copper exchange-traded funds (ETFs) are designed to track the price of copper, an industrial metal with 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.
Increased sell-off of copper is being observed as China's appetite for the commodity is expected to fall due to the aggravating coronavirus eruption.
Coronavirus outbreak puts these ETF areas in winning and losing positions.