Previous Close | 59.45 |
Open | 61.22 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 1000 |
Day's Range | 61.27 - 61.90 |
52 Week Range | 32.02 - 65.82 |
Volume | 14,880 |
Avg. Volume | 18,173 |
Net Assets | 61.02M |
NAV | 60.04 |
PE Ratio (TTM) | N/A |
Yield | 0.00% |
YTD Daily Total Return | 12.95% |
Beta (5Y Monthly) | 0.80 |
Expense Ratio (net) | 0.45% |
Inception Date | 2018-01-17 |
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.