United States Commodity Index Funds Trust USCI
What is the Trust and the Trust Series?
The United States Commodity Index Funds Trust (the "Trust") is a Delaware statutory trust formed on December 21, 2009. The Trust is a series trust formed pursuant to the Delaware Statutory Trust Act and is organized into three separate series (each series, a "Trust Series" and collectively, the "Trust Series"). As of December 31, 2025, the Trust includes the United States Commodity Index Fund ("USCI"), a commodity pool formed on April 1, 2010 and first made available to the public on August 10, 2010, and the United States Copper Index Fund ("CPER"), a commodity pool formed on November 26, 2010 and first made available to the public on November 15, 2011. USCI and CPER each issues shares ("shares") that may be purchased and sold on the NYSE Arca, Inc. ("NYSE Arca").
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | -$16.6M | -$4.2M | -$68.9M | $34.1M | -$9.2M |
| Total operating expenses | — | — | — | — | — | $1.6M | $4.0M | $6.1M | $5.5M | $6.4M |
| Net income | — | — | — | — | $75.3M | -$18.1M | -$8.1M | -$74.9M | $28.6M | -$15.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | — | — | $430.8M | $165.7M | $169.7M | $490.6M | $401.9M | $435.5M |
| Short-term investments | — | — | — | — | — | — | $0 | $295.2K | $73.8M | $0 |
| Total assets | — | — | — | — | — | — | $200.0M | $475.6M | $519.2M | $651.2M |
| Total liabilities | — | — | — | — | — | — | $3.1M | $1.1M | $3.6M | $7.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | — | — | — | $73.6M | -$26.5M | -$25.6M | $21.3M | -$50.6M | -$10.2M |
| Financing cash flow | — | — | — | — | $212.0M | -$4.7M | -$267.6M | $33.8M | -$162.9M | $140.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-021525.
Others in SIC 6221
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| GLD | SPDR GOLD TRUST | $143.35B | — | — |
| IAU | ISHARES GOLD TRUST | $65.76B | — | — |
| IBIT | iShares Bitcoin Trust ETF | $58.86B | — | — |
| SLV | iShares Silver Trust | $32.20B | — | — |
| GLDM | World Gold Trust | $30.19B | — | — |
| AGQ | ProShares Trust II | $10.74B | — | — |
| GBTC | Grayscale Bitcoin Trust ETF | $10.63B | — | — |
| SGOL | abrdn Gold ETF Trust | $7.41B | — | — |