PortfolioMetrics

OD7C

- WisdomTree Copper

Key Information

Earliest date2025-06-23
ExchangeXDUS
Instrument TypeCommon Stock
MIC CodeXDUS
CountryGermany

About OD7C

WisdomTree Copper is a commodity-focused exchange traded product designed to deliver exposure to the performance of copper as an industrial metal. Structured as a fully collateralized Exchange Traded Commodity (ETC), it aims to mirror the total return of the Bloomberg Copper Subindex, which tracks the price movements of copper futures contracts. This ETC employs a synthetic replication method—using swap agreements backed by daily-marked collateral held at a major custodian—to closely follow the underlying index’s returns while providing a collateral yield. Launched in 2006 and domiciled in Jersey, WisdomTree Copper serves investors seeking targeted access to copper price developments, making it relevant within portfolios that wish to track trends in global industrial production and infrastructural demand. With a streamlined, passive management style and a competitive expense ratio, it accumulates returns rather than distributing them, efficiently capturing the total return on the metal. Its role is particularly significant for those aiming to diversify into industrial metals, providing a liquid, exchange-traded means to participate in the copper market without the complexities of directly handling physical commodities.