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    COPX

    Copper Miners ETF

    Invest in COPX

    Reasons to Consider COPX

    High Growth Potential

    Forecasts suggest copper consumption will reach 43mm metric tonnes by 2050, up from 26mm in 2022.1 However, supply may not keep up with rising demand, and such an imbalance could support copper prices and present opportunities for miners.

    Structural Tailwinds

    Copper is an essential input in electric vehicles, renewable energy storage, and other forms of next-generation infrastructure that we expect to gain popularity.

    ETF Efficiency

    In a single trade, COPX delivers efficient access to a basket of companies involved in the mining of copper.

    1BloombergNEF, Jun 2023

    Key Information As of 11/22/24

    Inception Date 04/19/10
    Total Expense Ratio 0.65%
    Net Assets $2.60 billion
    NAV $42.44

    ETF Summary

    The Global X Copper Miners ETF (COPX) provides investors access to a broad range of copper mining companies.

    ETF Objective

    The Global X Copper Miners ETF (COPX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index.

    Trading Details As of 11/22/24

    Ticker COPX
    B3 Trading Code BCPX39
    Bloomberg Index Ticker SOLGLOCO
    CUSIP 37954Y830
    ISIN US37954Y8306
    Primary Exchange NYSE Arca
    Shares Outstanding 61,299,374
    Number of Holdings 49
    30-Day Median Bid-Ask Spread 0.05%

    Distributions As of 11/22/24

    30-Day SEC Yield 1.24%
    Distribution Frequency Semi-Annually
     Distribution History

    ETF Prices As of 11/22/24

    NAV $42.44 Daily Change -$0.31 -0.73%
    Market Price $42.59 Daily Change -$0.20 -0.47%

    Performance History

    Premium Discount Chart
    Cumulative Returns (as of 10/31/24)
    		1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
    Return COPX -8.54% -3.24% 16.04% 35.22% 30.65% 36.82% 04/19/10
    Returns (as of 11/21/24)
    		Return COPX Return Index
    Since Inception 33.57% 42.98%
    12 Months 28.02% 23.97%
    24 Months 27.55% 23.40%
    Last 60 Trading Days -1.65% -0.96%
    Last 75 Trading Days 9.55% 10.37%
    Monthly Returns (through 11/21/24)
    		Return COPX Return Index
    Nov 2024 -2.37% -2.34%
    Oct 2024 -8.54% -6.86%
    Sep 2024 10.61% 11.31%
    Aug 2024 -0.19% -0.14%
    Jul 2024 -4.28% -5.62%
    Jun 2024 -5.47% -6.60%
    May 2024 4.02% 2.71%
    Apr 2024 9.98% 9.83%
    Mar 2024 16.83% 16.93%
    Feb 2024 -1.20% -1.84%
    Jan 2024 -3.81% -3.34%
    Dec 2023 10.99% 11.14%
    Nov 2023 5.20% 5.24%
    Oct 2023 -10.22% -10.24%
    Sep 2023 -3.42% -4.20%
    Aug 2023 -9.25% -9.20%
    Jul 2023 11.51% 10.80%
    Jun 2023 10.56% 11.90%
    May 2023 -12.52% -12.95%
    Apr 2023 1.62% 1.63%
    Mar 2023 2.58% 2.65%
    Feb 2023 -8.05% -8.99%
    Jan 2023 15.76% 17.52%
    Dec 2022 0.58% 0.59%
    Nov 2022 23.85% 22.54%

    Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.

    NAV & Index Chart

    Top Holdings As of 11/22/24

    Full Holdings (.csv)
    Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
    5.50 FM CN FIRST QUANTUM Canada 2347608 13.79 10,442,264 144,026,075.70
    4.98 LUN CN LUNDIN MINING CORP Canada 2866857 10.12 12,885,037 130,339,037.22
    4.95 IVN CN IVANHOE MINES LTD-CL A Canada BD73C40 13.66 9,486,340 129,551,976.68
    4.85 CS CN CAPSTONE COPPER CORP Canada BMY5XY9 7.18 17,667,049 126,892,851.14
    4.71 BOL SS BOLIDEN AB Sweden BPYTZ57 28.89 4,269,314 123,332,732.59
    4.68 TECK/B CN TECK RESOURCES LTD-CLS B Canada 2879327 46.81 2,616,249 122,460,329.84
    4.60 FCX FREEPORT-MCMORAN INC United States 2352118 43.72 2,757,706 120,566,906.32
    4.60 GLEN LN GLENCORE PLC United Kingdom B4T3BW6 4.77 25,231,870 120,348,912.11
    4.59 2899 HK ZIJIN MINING-H Hong Kong 6725299 1.94 61,994,735 120,249,009.10
    4.57 BHP AU BHP GROUP LTD Australia 6144690 26.08 4,590,488 119,710,388.36
    4.53 SCCO SOUTHERN COPPER CORP United States 2823777 99.74 1,188,074 118,498,499.54
    4.52 HBM CN HUDBAY MINERALS INC Canada B05BDX1 9.11 12,983,267 118,329,449.93
    4.49 ANTO LN ANTOFAGASTA PLC United Kingdom 0045614 20.85 5,644,099 117,672,292.11
    4.27 5713 JP SUMITOMO MET MIN Japan 6858849 24.68 4,529,839 111,794,806.47
    4.09 KGH PW KGHM POLSKA MIEDZ SA Poland 5263251 31.33 3,419,529 107,124,501.16
    3.82 SFR AU SANDFIRE RESOURCES LTD Australia 6739739 6.67 14,989,726 99,963,951.96
    3.04 NDA GR AURUBIS AG Germany 5485527 79.90 995,851 79,565,655.42
    2.45 5711 JP MITSUBISHI MATERIALS CORP Japan 6597089 15.81 4,059,592 64,193,993.76
    2.40 FIL CN FILO CORP Canada BMDHMH2 23.39 2,680,687 62,709,493.08
    2.20 358 HK JIANGXI COPPER CO LTD-H Hong Kong 6000305 1.62 35,594,101 57,610,059.62
    1.86 ERO CN ERO COPPER CORP Canada BF02Z72 15.59 3,118,668 48,614,497.78
    1.72 1208 HK MMG LTD Hong Kong 6728793 0.35 129,474,160 44,905,198.17
    1.61 2099 HK CHINA GOLD INTER Hong Kong B60FNV8 5.38 7,837,400 42,132,499.66
    1.34 NGEX CN NGEX MINERALS LTD Canada BKDKBL4 9.37 3,751,039 35,152,992.74
    1.22 AMAK AB AL MASANE AL KOB United States BNNVLT6 18.78 1,700,220 31,926,675.37
    1.15 FOM CN FORAN MINING CORPORATION Canada 2355731 3.09 9,725,313 30,055,694.22
    1.05 1258 HK CHINA NONFERROUS Hong Kong B890GY2 0.65 42,391,000 27,607,772.79
    0.89 ALS CN ALTIUS MINERALS Canada 2122355 19.06 1,226,317 23,370,951.73
    0.78 MTAL METALS ACQUISITION LTD-A United States BQBC846 12.78 1,603,658 20,494,749.24
    0.75 TGB TASEKO MINES LTD United States 2592066 2.08 9,419,401 19,592,354.08
    0.63 WA1 AU WA1 RESOURCES LTD Australia BN10LP1 10.27 1,613,386 16,563,397.83
    0.53 ATYM LN ATALAYA MINING PLC United Kingdom BYZTVM8 4.37 3,149,095 13,765,975.11
    0.45 CAML LN CENTRAL ASIA METALS PLC United Kingdom B67KBV2 2.00 5,848,415 11,720,710.95
    0.42 3939 HK WANGUO GOLD GROUP LTD Hong Kong B7SHKP6 1.44 7,685,690 11,037,594.07
    0.40 2362 HK JINCHUAN GROUP Hong Kong 6373988 0.07 159,137,700 10,425,406.66
    0.36 SLS CN SOLARIS RESOURCES INC Canada BMQ5701 3.25 2,906,413 9,439,578.65
    0.31 1515 JP NITTETSU MINING CO LTD Japan 6641027 27.57 296,769 8,180,521.16
    0.30 DVP AU DEVELOP GLOBAL LTD Australia BNVQGB0 1.31 5,950,841 7,767,006.76
    0.17 SOLG LN SOLGOLD PLC United Kingdom B0WD0R3 0.10 46,524,789 4,498,808.46
    0.14 CASH United States 1.00 3,613,518 3,613,518.15
    0.10 29M AU 29METALS LTD Australia BNNVRL0 0.25 11,117,180 2,743,200.26
    0.00 OTHER PAYABLE & RECEIVABLES United States 1.00 65,228 65,228.17
    0.00 BRITISH STERLING POUND United States 1.25 17,964 22,500.76
    0.00 MEXICAN PESO United States 0.05 134,309 6,546.06
    0.00 AUSTRALIAN DOLLAR United States 1.00 0 0.01
    0.00 HONG KONG DOLLAR United States 0.13 -1,698 -218.11
    0.00 CANADIAN DOLLAR United States 0.72 -6,056 -4,332.43
    -0.00 JAPANESE YEN United States 0.01 -18,239,782 -117,748.18
    -0.01 SAUDI RIYAL United States 0.27 -1,147,645 -305,679.99
    Holdings are subject to change. "Cash" denotes U.S. dollars.

    Sector Breakdown As of 10/31/24

    Sector Weight (%)
    Materials 96.4
    Industrials 2.8
    Financials 0.7
    Other/Cash 0.1

    Source: AltaVista Research, LLC

    Country Breakdown As of 10/31/24

    Country Weight (%)
    Canada 37.5
    United States 10.2
    Australia 9.6
    China 8.8
    Japan 7.4
    Britain 5.4
    Sweden 4.9
    Switzerland 4.8
    Poland 4.7
    Germany 2.8
    Hong Kong 2.2
    Other/Cash 1.7

    Source: AltaVista Research, LLC

    ETF Characteristics As of 11/21/24

    Return on Equity 9.50%
    Weighted Avg. Market Cap 25,364 M
    2023 2024
    Price-to-earnings 17.81 13.84
    Price-to-book value 1.37 1.27

    Source: AltaVista Research, LLC

    ETF Risk Stats As of 10/31/24

    Versus Beta
    S&P 500 1.00
    MSCI EAFE 1.36
    MSCI Emg. Mkts 1.41
    Standard Deviation 32.30%

    Source: AltaVista Research, LLC

    ETF Documents

    TERMS OF USE

    Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

    FOR EVALUATION OF THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED THE ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS. INVESTMENT FUNDS DO NOT HAVE A GUARANTEE FROM THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM OR CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS GREATER THAN THE TOTAL VALUE OF INVESTED CAPITAL. PAST PROFITABILITY DOES NOT REPRESENT A GUARANTEE OF FUTURE PROFITABILITY THE PROFITABILITY DISCLOSED IS NOT NET OF TAXES. READ THE PROSPECTUS, THE FORM OF COMPLEMENTARY INFORMATION, SHEET OF ESSENTIAL INFORMATION AND THE REGULATION BEFORE INVESTING. DESCRIPTION OF THE ANBIMA TYPE AVAILABLE IN THE FORM OF COMPLEMENTARY INFORMATION.

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