UCOPProShares Ultra Copper K-1 Free ETF
Seeks daily investment results that correspond to 2x the daily performance of the price of copper.
By ProShares · Launched 2026
0.95%
#4,882 of 5,861 · expensive
$7M
#5,080 of 5,861 · small
N/A
4 months
#5,366 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightAsset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results that correspond to 2x the daily performance of the price of copper.
- Strategy
- Invests in derivatives to achieve daily returns that correspond to two times (2x) the price of copper, primarily through swap agreements on CPER. The Fund seeks to rebalance its portfolio daily to maintain this leveraged exposure.
- Inception date
- April 20, 2026
- Fund family
- ProShares
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04