United States Copper Index Fund LP

10-Year Study

CPER.US · · US · ETF

Executive Summary: United States Copper Index Fund LP has compounded at 10.3% annually over the last 10 years, with a maximum drawdown of 34.2% and an annualized volatility of 22.1%.

1Y CAGR
+28.5%
3Y CAGR
+18.3%
5Y CAGR
+5.2%
10Y CAGR
+10.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
34.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.36
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.65
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
20.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +39.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -21.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20264.21.2-6.67.3————————5.7%
20256.75.711.3-9.72.97.8-13.22.56.65.12.48.339.0%
20240.2-1.25.112.70.4-4.3-3.60.37.8-3.5-5.7-2.54.2%
202311.0-3.10.4-4.4-5.22.67.0-5.2-2.2-1.44.81.44.5%
2022-2.63.44.8-7.9-1.8-14.4-2.3-2.6-3.2-0.512.11.2-15.1%
20210.814.6-1.911.45.2-9.14.4-2.5-6.27.1-2.33.825.2%
2020-10.00.6-12.77.93.710.15.25.6-1.41.212.71.923.9%
20195.66.0-0.5-0.7-9.43.0-1.6-4.20.82.50.75.36.7%
2018-2.9-2.4-3.81.60.3-4.3-4.3-6.65.1-5.14.4-5.6-21.9%
20178.7-1.1-1.6-2.4-0.84.26.76.2-4.35.0-1.27.128.8%
2016———3.7-7.64.20.8-6.35.8-0.316.9-3.212.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 22.1%. The dominant macroeconomic risk driver is CPER.US, accounting for 100.0% of variance. Idiosyncratic stock-specific factors contribute 0.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110366.971845529017
2016-05-019578.715495284641
2016-06-019981.413918909617
2016-07-0110060.508019549805
2016-08-019430.715219935293
2016-09-019981.413918909617
2016-10-019946.995250223721
2016-11-0111626.626282095409
2016-12-0111254.90466028774
2017-01-0112239.278584704345
2017-02-0112108.487643697943
2017-03-0111915.743099056928
2017-04-0111633.510015832586
2017-05-0111539.409375645351
2017-06-0112018.999105114615
2017-07-0112829.008053968473
2017-08-0113630.48117298823
2017-09-0113044.67543195429
2017-10-0113696.014318166173
2017-11-0113533.420527294005
2017-12-0114496.523714462726
2018-01-0114077.235492531148
2018-02-0113739.932539409376
2018-03-0113213.464583189922
2018-04-0113423.280787499141
2018-05-0113457.699456185035
2018-06-0112880.223032973085
2018-07-0112320.437805465685
2018-08-0111510.428856611827
2018-09-0112101.603909960762
2018-10-0111482.06787361465
2018-11-0111991.4641701659
2018-12-0111319.680594754594
2019-01-0111957.045501480005
2019-02-0112671.921250086047
2019-03-0112610.587182487783
2019-04-0112518.069801060094
2019-05-0111337.509465133888
2019-06-0111674.812418255662
2019-07-0111492.462311557789
2019-08-0111013.973979486473
2019-09-0111100.020651201212
2019-10-0111382.52908377504
2019-11-0111462.793419150548
2019-12-0112074.068975012047
2020-01-0110862.531837268534
2020-02-0110931.369174640326
2020-03-019540.854959730157
2020-04-0110291.181937082674
2020-05-0110676.671026364702
2020-06-0111750.533489364632
2020-07-0112356.302058236388
2020-08-0113051.559165691473
2020-09-0112872.582088524816
2020-10-0113024.024230742756
2020-11-0114683.004061402904
2020-12-0114959.730157637503
2021-01-0115082.260618159291
2021-02-0117278.171680319407
2021-03-0116947.75246093481
2021-04-0118882.081641082124
2021-05-0119859.57183176155
2021-06-0118056.03359262064
2021-07-0118847.66297239623
2021-08-0118379.56907826805
2021-09-0117243.75301163351
2021-10-0118475.94135058856
2021-11-0118042.26612514628
2021-12-0118730.639498864184
2022-01-0118241.89440352447
2022-02-0118861.430439870586
2022-03-0119763.199559441044
2022-04-0118207.475734838576
2022-05-0117877.056515453984
2022-06-0115295.65636401184
2022-07-0114937.70220967853
2022-08-0114545.329386659325
2022-09-0114077.235492531148
2022-10-0114008.39815515936
2022-11-0115708.680388242585
2022-12-0115894.541199146417
2023-01-0117649.893302127075
2023-02-0117099.19460315275
2023-03-0117168.031940524543
2023-04-0116417.704963172026
2023-05-0115571.005713499004
2023-06-0115970.262270255387
2023-07-0117085.427135678394
2023-08-0116204.309217319475
2023-09-0115846.355062986164
2023-10-0115626.075583396434
2023-11-0116383.28629448613
2023-12-0116617.33324155022
2024-01-0116651.751910236115
2024-02-0116445.239898120744
2024-03-0117291.939147793764
2024-04-0119487.85020995388
2024-05-0119563.57128106285
2024-06-0118730.639498864184
2024-07-0118049.14985888346
2024-08-0118111.10346251807
2024-09-0119515.385144902597
2024-10-0118833.895504921868
2024-11-0117760.03304192194
2024-12-0117319.47408274248
2025-01-0118482.82508432574
2025-02-0119536.03634611413
2025-03-0121752.598609485787
2025-04-0119646.176085909
2025-05-0120210.642252357677
2025-06-0121780.133544434502
2025-07-0118895.849108556482
2025-08-0119363.943002684657
2025-09-0120651.20121153714
2025-10-0121704.412473325534
2025-11-0122220.692503613962
2025-12-0124065.533145177946
2026-01-0125077.442004543267
2026-02-0125387.210022716325
2026-03-0123700.695257107454
2026-04-0125428.512425139394
Annual Return Matrix
YearAnnual Return
20170.2880183486238532
2018-0.21914516764724046
20190.06664396348842438
20200.23899657924743445
20210.25207067918277204
2022-0.15141492098493203
20230.04547423126894756
20240.04225352112676051
20250.3895071542130366
20260.056636155606407224
Total Factor Risk
0.22142377699436977
VTI.US Exposure
1.2252184933191178e-16
VEA.US Exposure
9.746994242827282e-17
VWO.US Exposure
1.6803137030653153e-18
QQQ.US Exposure
2.0809008412620426e-17
VTV.US Exposure
-1.8892931353350888e-16
IJR.US Exposure
1.083998794939957e-16
QUAL.US Exposure
-1.3521606649283604e-16
SHV.US Exposure
3.0261151068698322e-18
TLT.US Exposure
-6.872846783031548e-17
LQD.US Exposure
1.6327069182473815e-17
HYG.US Exposure
-4.474900117618213e-17
GLD.US Exposure
-3.426404946881652e-17
USO.US Exposure
3.019739370752393e-18
VNQ.US Exposure
-5.17823831799766e-17
BTC-USD.CC Exposure
-6.667308905471182e-18
CPER.US Exposure
0.9999997960369535
VIX.INDX Exposure
-2.706485185600159e-16
UUP.US Exposure
1.681689629900034e-17
TIP.US Exposure
4.959038339397133e-17
Idiosyncratic Exposure
2.0396304679584134e-7
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
22.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+4.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+12.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
4.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.14
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is United States Copper Index Fund LP a high-risk investment?

United States Copper Index Fund LP (CPER.US) has an annualized volatility of 22.1% and experienced a maximum drawdown of 34.2% over the last 10 years. Its primary macro risk driver is CPER.US.

What is the 10-year return of CPER.US?

Over the past 10 years, CPER.US has generated a Compound Annual Growth Rate (CAGR) of 10.3%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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