COPRWisdomTree Copper IE
ISIN: XS26024410860.49%
Management Fee (MER)
As of 02/07/2026
11 April 2023
Inception Date
US$2,846,946
Fund AUM
As of 02/07/2026
USD
Base currency
Overview
Product Description
WisdomTree Copper IE is a fully collateralised, UCITS eligible Exchange Traded Commodity (ETC) designed to provide investors with a total return exposure to Copper futures contracts. The ETC provides a total return comprised of the daily performance of the Solactive HG Copper Commodity Futures SL Index (SOLWSHG1), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Solactive HG Copper Commodity Futures SL Index rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if the Solactive HG Copper Commodity Futures SL Index falls by 1% over a day, then the ETC will fall by 1%, excluding fees.
Why COPR?
- Gain exposure to the performance of Copper.
- UCITS eligible and fully collateralised.
- Transparent performance and fees.
- Easy to invest: Everything in one product which does not require the investor to manage storage, insurance or delivery of Copper.
- Risk Management: You cannot lose more than the amount invested.
- Liquidity: Trades on exchange, with multiple authorised participants (APs) and market makers (MMs).
Potential Risks
- An investment in an ETP involves a degree of risk. Any decision to invest should be based on the information contained in the relevant prospectus. Prospective investors should obtain independent accounting, tax and legal advice and should consult their professional advisers to ascertain the suitability of this ETP as an investment to their own circumstances.
- This ETP is structured as a debt security and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. This ETP is not a UCITS product.
- Market Risk: The value of securities in this ETP is directly affected by increases and decreases in the value of the Index. Accordingly, the value of a security may go up or down and a security holder may lose some or all of the amount invested but can not lose more than the amount invested.
- Liquidity risk: There can be no certainty that securities can always be bought or sold on a stock exchange or that the market price at which the securities may be traded on a stock exchange will always accurately reflect the performance of the Index.
- Currency Risk: The price of securities in this ETP is generally quoted in USD. To the extent that a security holder purchases securities in another currency, the value will be affected by changes in the exchange rate.
- Counterparty risk: The Issuer is reliant on there being swap counterparties available to enter into swap agreements on a continuing basis and, if no swap counterparties are willing to do so, the ETP will not be able to achieve its investment policy of tracking the performance of the Index.
- Credit Risk: The Issuer is subject to the risk that third party service providers may fail to return property or collateral belonging to the Issuer or pay money due to the issuer. The ETP is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. In the event a swap counterparty defaults, the proceeds from realisation of the collateral may be less than what the investor expects. Details of the collateral held can be found in the Collateral section of the WisdomTree website (www. Wisdomtree. Com).
- The performance of commodity indices may differ significantly from spot commodity prices, which are often quoted in the financial press, as the spot in itself is not investable. An investment in commodities may experience high volatility and should be considered as a longer term investment.
- Please see the risks factors section of the Prospectus for a more detailed discussion of the potential risks
Articles and Research Papers
Nitesh Shah
Commodities 2026: Late cycle, new regimes
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What's Hot: As LME Week kicks off, the real story lies in Lisbon
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Nitesh Shah
What's Hot: Copper's conductive forces
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Mobeen Tahir
What's Hot: Copper is red hot right now. Here’s why.
Related Products WisdomTree Copper, WisdomTree Copper 3x Daily Leveraged, WisdomTree Copper 3x Daily Short Find out more Copper’s COMEX price hit a new high on 26th March making the red metal red hot...
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Fund Overview
| Product Overview | As of 02/07/2026 |
|---|---|
| ISIN | XS2602441086 |
| Asset Class | Commodities |
| Base Currency | USD |
| Inception Date | 11 April 2023 |
| Currency Hedged | No – this product is not protected against adverse currency movements |
| Physical Delivery | No |
| Underlying exposure | Copper |
| Leverage Factor | N/A |
| Net Asset Value | As of 02/07/2026 |
|---|---|
| NAV | US$37.525 |
| Daily Change | -US$0.061 |
| Daily return | -0.162% |
| Total AUM of fund | US$2,846,946 |
| Issuer AUM | US$3,526,032,940 |
| Shares Outstanding | 75,868 |
Structure
| Structure | As of 02/07/2026 |
|---|---|
| Legal Form | Debt security |
| Legal Structure | ETC |
| Replication Method | Synthetic - fully funded collateralised swap |
| Domicile | Ireland |
| Further Legal and Tax Information | As of 02/07/2026 |
|---|---|
| ISA | Eligible |
| SIPP | Eligible |
| UCITS Eligible | Yes |
| UK Reporting Status | Yes |
Key Service Providers
| Key Service Providers | As of 02/07/2026 |
|---|---|
| Custodian | Bank of New York Mellon |
| Administrator | Apex IFS Limited |
| Issuer | WisdomTree Multi Asset Issuer PLC |
| Auditor | Deloitte LLP |
| Trustee | Law Debenture Trust |
| Swap Provider | BNP Paribas Arbitrage SNC |
| Fees | As of 02/07/2026 |
|---|---|
| Management Fee (MER) | 0.49% |
| Annual Swap Rate | 0.45% |
Passported Countries
Listings & Codes
| Country | Exchange | Trading Currency | Exchange Ticker | Bloomberg Ticker | RIC | SEDOL | ISIN | WKN | Settlement Period | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| LSE | USD | COPR | COPR LN | WTCOPR.L | BRRG087 | XS2602441086 | A3G46K | T + 2 | 14/04/2023 |
Index Details
Solactive HG Copper Commodity Futures SL Index
The Solactive HG Copper Commodity Futures SL Index is designed to reflect an investment in front-month COMEX High-Grade Copper commodity futures contracts, rolling monthly out of the expiring front-month contract and into the next front-month contract. The index measures excess return performance based on the futures price performance and the roll return. However, the ETC provides a total return performance which also includes the interest revenue on the collateralised amount.
| Index Details | |
|---|---|
| Index Name | Solactive HG Copper Commodity Futures SL Index |
| Currency | USD |
| Index Provider | Solactive |
| Bloomberg Ticker | SOLWSHG1 |
| Reuters Index Ticker | .SOLWSHG1 |
| Leverage Factor | No leverage |
Collateral Details
| Collateral Details | 22 May 2026 |
|---|---|
| Collateral Coverage Ratio | 105.3% |
| Collateralised | Yes |
| Over Collateralised | Yes |
| Custodian | Bank of New York Mellon |
Collateral Structure
Documents
Product
KID
Prospectus
Reports and Regulatory
DISCLAIMERS
WisdomTree Multi Asset Issuer PLC (the “Issuer”) issues products under a Prospectus (“WTMA Prospectus”) approved by the Central Bank of Ireland, drawn up in accordance with the Directive 2003/71/EC. The WTMA Prospectus has been passported to various European jurisdictions including the UK, Italy and Germany and is available on this document.
"Solactive AG ("Solactive") is the licensor of Solactive HG Copper Commodity Futures SL Index (the "Index"). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Index. Solactive shall not be liable for any damages suffered or incurred as a result of the use (or inability to use) of the Index."