USCF ETF Trust (ALUM) is a Delaware statutory trust that issues and sells shares of exchange-traded funds focused on commodities, primarily providing investors with exposure to aluminum futures contracts through its flagship WisdomTree Aluminum ETF, formerly known as the USCF Aluminum Strategy Fund. The trust offers a suite of commodity-focused ETFs including those tracking energy, precious metals, agriculture, and industrial metals; specific products encompass the United States Copper Index Fund (CPER), United States Gasoline Fund (UGA), United States Heating Oil Fund (HOIL), and United States 12 Month Oil Fund (USL), alongside the ALUM ETF which seeks to reflect the performance of aluminum futures before fees and expenses. USCF ETF Trust operates principally in the United States with shares listed on the NYSE Arca exchange, targeting institutional and retail investors seeking diversified commodity exposure without direct futures trading; the trust was established in 2006 and is headquartered in Reno, Nevada, under the sponsorship of United States Commodity Funds LLC.
In recent developments, USCF ETF Trust underwent a significant rebranding in 2024 when the USCF Aluminum Strategy Fund (ticker: ALUM) transitioned to the WisdomTree Aluminum ETF following WisdomTree's acquisition of certain USCF ETF assets, enhancing its product lineup with WisdomTree's branding and distribution capabilities. This strategic alliance with WisdomTree, completed in mid-2024, expanded the trust's reach into broader precious and industrial metals segments and introduced improved liquidity and marketing support for ALUM shares. Additionally, the trust announced expansions in its energy-focused ETFs in late 2024, including enhanced rollover mechanisms for oil and natural gas funds amid volatile commodity markets, reflecting adaptations to heightened demand for inflation-hedging instruments.