United States Commodity Index Funds Trust Overview
Pro stress-test →United States Commodity Index Funds Trust is a Delaware statutory trust formed on December 21, 2009 that operates the United States Commodity Index Fund (USCI), a commodity pool formed on April 1, 2010. USCI aims for its daily changes to reflect the SummerHaven Dynamic Commodity Index Total Return performance, which is designed to reflect a diversified group of commodities. USCI shares trade on the NYSE Arca, making it an accessible exchange-traded instrument for commodity exposure.
Strategic Profile
Pro stress-test →The Trust operates two exchange-traded commodity pools (USCI and the United States Copper Index Fund) that track rules-based futures indexes rather than spot commodity prices, with USCI targeting the SummerHaven Dynamic Commodity Index Total by holding diversified commodity futures. USCI pays its sponsor, United States Commodity Funds LLC, a management fee and incurs operating costs. The Trust provides investors with passive commodity exposure through a rules-based index tracking approach.
Competitive Landscape
Pro stress-test →USCI competes in the commodity ETF space against broader commodity exposure products including commodity-focused ETFs from BlackRock (iShares), Vanguard commodity funds, and specialized single-commodity ETFs. The trust also operates the United States Copper Index Fund (CPER), a related commodity-specific offering. The space is characterized by low trading volumes in smaller funds and investor preference for single-commodity or sector-specific exposure over diversified baskets.
Industry Context
United States Commodity Index Funds Trust operates in Commodity index ETFs.
Key facts
Founded: 2009 · Headquarters: Oakland, CA · Market cap: $241.7M