OD7C
- WisdomTree CopperKey Information
Earliest date | 2025-06-23 |
Exchange | XBER |
Instrument Type | Common Stock |
MIC Code | XBER |
Country | Germany |
About OD7C
WisdomTree Copper is an exchange-traded commodity (ETC) focused on delivering exposure to copper as an industrial metal. Structurally, it is a debt security that replicates the performance of the Bloomberg Copper Subindex through a fully funded synthetic swap mechanism, rather than holding physical copper. The ETC's primary objective is to track both the price movement of copper futures and any associated collateral returns, offering a total return profile. Collateral supporting the instrument is held in segregated accounts at The Bank of New York Mellon and is marked to market daily, enhancing transparency and mitigating counterparty risk. WisdomTree Copper appeals to participants seeking to mirror copper's market movement without direct involvement in commodity trading or storage. Its role in the financial market is to provide a liquid, accessible vehicle for accessing copper price dynamics, relevant to those managing commodity risk or seeking diversification within industrial metals. Launched in 2006 and managed passively, it serves both institutional and individual investors interested in industrial metal trends and broader commodity exposure.