AUM $7.6MER 1.04%NAV $44.72Holdings —Inception Apr 2026
Price Chart
Key Statistics
Previous Close
$42.71Day Range
$43.04$43.41
52-Week Range
$36.62$46.98
Avg Volume
1.2KDividend Yield
—Expense Ratio
1.04%AUM
$7.6MShares Outstanding
165.7KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- ProShares
- Inception Date
- Apr 20, 2026
- Description
- UCOP is designed to deliver twice the daily performance of copper prices before fees and expenses. The fund currently measures its target against the United States Copper Index Fund (CPER), an ETF that holds copper futures exposure, and primarily uses swap agreements to obtain leveraged positioning rather than owning copper or futures contracts directly. Its K-1 free structure is designed to offer a simpler tax reporting experience than some commodity funds. Remaining assets are generally invested in short-term holdings such as US T-bills, repurchase agreements, or money market funds to support collateral needs. The portfolio is rebalanced each trading day to maintain approximately 200% exposure, which means returns for periods longer than one day can differ significantly from 2x the move in copper because the fund resets daily and market swings can affect results over time. The strategy is generally more suitable for tactical views on copper than long-term buy-and-hold allocations.
The ProShares Trust (UCOP) is an exchange-traded fund issued by ProShares that launched on Apr 20, 2026. It currently manages $7.6M in assets under management. The fund charges an expense ratio of 1.04%.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Net Other Assets (Liabilities) | 100.00% | 7,603,013 | $7.6M |
| 2 | — | United States Copper Index Fund (CPER) SWAP Goldman Sachs | 0.00% | 3,368 | $0 |
| 3 | — | United States Copper Index Fund (CPER) SWAP Citi | 0.00% | 1,921 | $0 |
| 4 | — | United States Copper Index Fund (CPER) SWAP Nomura | 0.00% | 8,780 | $0 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +1.65% | |
| 1W | -2.76% | |
| 1M | -6.71% | |
| 3M | +10.51% | |
| 6M | +10.51% | |
| YTD | +10.51% | |
| 1Y | +10.51% | |
| 3Y | +10.51% | |
| 5Y | +10.51% |
Moving Averages
20-Day MA
$42.98
Above 20-Day MA50-Day MA
$41.83
Above 50-Day MA200-Day MA
$41.83
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$46.98
Current Price
$43.41
52-Week Low
$36.62
$36.62$46.98
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
No category data available for comparison.
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