PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

USCF Daily Target 2X Copper Index ETF (CPXR) Sharpe Ratio: 0.55

ETF · Currency in USD · Last updated Jun 4, 2026

The USCF Daily Target 2X Copper Index ETF is an actively managed fund that seeks to achieve daily investment results corresponding to two times (2x) the return of the SummerHaven Copper Index for a single day.

CPXR's Sharpe Ratio of 0.55 indicates that for each unit of volatility, it generates 0.55 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

CPXR Sharpe Ratio Rank

CPXR Sharpe Ratio Rank: 18.018
Concerning

CPXR ranks above 18.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

CPXR Sharpe Ratio Market Positioning

The chart shows CPXR's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.70+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares USCF Daily Target 2X Copper Index ETF's Sharpe Ratio with other ETFs in the Leveraged Commodities category across multiple time periods, showing how CPXR's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
OILU.TOSavvyLong Geared Crude Oil ETF2.47
UCOProShares Ultra Bloomberg Crude Oil2.12
OILUMicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN1.87
AGQProShares Ultra Silver1.19
SLVU.TOBetaPro Silver 2x Daily Bull ETF1.14
DGPDB Gold Double Long Exchange Traded Notes1.10
UGLProShares Ultra Gold0.98
3SLV.DELeverage Shares 3x Long Silver ETP Securities0.95
GLDU.TOBetaPro Gold Bullion 2x Daily Bull ETF0.87
3GOL.LWisdomTree Gold 3x Daily Leveraged0.80
CPXRUSCF Daily Target 2X Copper Index ETF0.55

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CPXR's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CPXR consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does CPXR fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio