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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 05/16/24

    Inception Date 04/19/10
    Total Expense Ratio 0.65%
    Net Assets $2.49 billion
    NAV $49.25

    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 05/16/24

    Ticker COPX
    B3 Trading Code BCPX39
    Bloomberg Index Ticker SOLGLOCO
    CUSIP 37954Y830
    ISIN US37954Y8306
    Primary Exchange NYSE Arca
    Shares Outstanding 50,559,374
    Number of Holdings 48
    30-Day Median Bid-Ask Spread 0.09%

    Distributions As of 05/16/24

    30-Day SEC Yield 0.91%
    Distribution Frequency Semi-Annually
     Distribution History

    ETF Prices As of 05/16/24

    NAV $49.25 Daily Change -$0.09 -0.18%
    Market Price $49.36 Daily Change -$0.32 -0.64%

    Performance History

    Premium Discount Chart
    Cumulative Returns (as of 04/30/24)
    		1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
    Return COPX 9.99% 42.58% 22.13% 20.24% 24.90% 44.00% 04/19/10
    Returns (as of 05/15/24)
    		Return COPX Return Index
    Since Inception 53.62% 63.93%
    12 Months 47.57% 47.24%
    24 Months 35.65% 34.66%
    Last 60 Trading Days 36.95% 36.99%
    Last 75 Trading Days 35.11% 34.21%
    Monthly Returns (through 05/15/24)
    		Return COPX Return Index
    May 2024 6.68% 6.71%
    Apr 2024 9.99% 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%
    Oct 2022 1.35% 1.39%
    Sep 2022 -5.52% -5.66%
    Aug 2022 -0.55% -0.49%
    Jul 2022 -1.02% -1.06%
    Jun 2022 -19.34% -18.89%
    May 2022 -1.77% -3.30%

    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 05/16/24

    Full Holdings (.csv)
    Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
    5.18 KGH PW KGHM POLSKA MIEDZ SA Poland 5263251 40.10 3,171,126 127,173,595.39
    5.14 FM CN FIRST QUANTUM Canada 2347608 13.27 9,515,326 126,283,971.08
    4.84 LUN CN LUNDIN MINING CORP Canada 2866857 12.30 9,664,428 118,893,297.34
    4.78 TECK/B CN TECK RESOURCES LTD-CLS B Canada 2879327 51.87 2,260,694 117,272,826.72
    4.77 BOL SS BOLIDEN AB Sweden BPYTZ57 34.28 3,417,524 117,144,884.33
    4.66 GLEN LN GLENCORE PLC United Kingdom B4T3BW6 6.25 18,334,340 114,508,331.05
    4.65 2899 HK ZIJIN MINING-H Hong Kong 6725299 2.37 48,221,335 114,101,152.22
    4.62 SCCO SOUTHERN COPPER CORP United States 2823777 120.16 944,659 113,510,225.44
    4.62 IVN CN IVANHOE MINES LTD-CL A Canada BD73C40 14.58 7,779,142 113,411,897.25
    4.57 FCX FREEPORT-MCMORAN INC United States 2352118 52.04 2,154,224 112,105,816.96
    4.57 ANTO LN ANTOFAGASTA PLC United Kingdom 0045614 28.93 3,874,358 112,103,902.81
    4.48 BHP AU BHP GROUP LTD Australia 6144690 29.74 3,697,659 109,957,825.77
    4.27 CS CN CAPSTONE COPPER CORP Canada BMY5XY9 7.80 13,424,870 104,713,098.60
    4.23 5713 JP SUMITOMO MET MIN Japan 6858849 32.81 3,164,671 103,845,542.31
    3.98 HBM CN HUDBAY MINERALS INC Canada B05BDX1 9.67 10,109,436 97,786,546.30
    3.35 SFR AU SANDFIRE RESOURCES LTD Australia 6739739 6.38 12,879,245 82,204,836.59
    2.98 NDA GR AURUBIS AG Germany 5485527 83.86 871,473 73,083,766.63
    2.88 358 HK JIANGXI COPPER CO LTD-H Hong Kong 6000305 2.27 31,230,901 70,775,977.81
    2.82 5711 JP MITSUBISHI MATERIALS CORP Japan 6597089 19.46 3,559,735 69,255,901.44
    2.38 ERO CN ERO COPPER CORP Canada BF02Z72 22.19 2,636,882 58,506,999.54
    1.93 2099 HK CHINA GOLD INTER Hong Kong B60FNV8 6.89 6,876,900 47,379,479.08
    1.71 FIL CN FILO CORP Canada BMDHMH2 18.82 2,236,104 42,076,298.69
    1.68 1208 HK MMG LTD Hong Kong 6728793 0.51 81,092,100 41,161,655.82
    1.41 1258 HK CHINA NONFERROUS Hong Kong B890GY2 1.05 32,902,600 34,667,389.43
    1.01 NGEX CN NGEX MINERALS LTD Canada BKDKBL4 7.01 3,542,573 24,847,836.77
    0.96 AMAK AB AL MASANE AL KOB United States BNNVLT6 15.86 1,488,040 23,607,716.51
    0.90 TGB TASEKO MINES LTD United States 2592066 2.72 8,120,565 22,087,936.80
    0.82 FOM CN FORAN MINING CORPORATION Canada 2355731 3.24 6,253,268 20,254,057.42
    0.81 WA1 AU WA1 RESOURCES LTD Australia BN10LP1 14.96 1,332,122 19,931,268.08
    0.72 MTAL METALS ACQUISITION LTD-A United States BQBC846 13.91 1,279,009 17,791,015.19
    0.71 ALS CN ALTIUS MINERALS Canada 2122355 15.75 1,101,706 17,348,299.10
    0.68 2362 HK JINCHUAN GROUP Hong Kong 6373988 0.12 141,361,900 16,670,142.22
    0.65 ATYM LN ATALAYA MINING PLC United Kingdom BYZTVM8 5.83 2,744,830 15,995,512.82
    0.58 CAML LN CENTRAL ASIA METALS PLC United Kingdom B67KBV2 2.79 5,094,154 14,197,753.62
    0.34 1515 JP NITTETSU MINING CO LTD Japan 6641027 32.25 257,903 8,318,380.42
    0.32 SLS CN SOLARIS RESOURCES INC Canada BMQ5701 3.81 2,049,801 7,813,497.26
    0.28 3939 HK WANGUO INTERNATI Hong Kong B7SHKP6 1.03 6,647,490 6,859,187.53
    0.22 DVP AU DEVELOP GLOBAL LTD Australia BNVQGB0 1.57 3,416,626 5,360,612.04
    0.19 SOLG LN SOLGOLD PLC United Kingdom B0WD0R3 0.11 40,598,976 4,556,943.95
    0.16 OTHER PAYABLE & RECEIVABLES United States 1.00 3,865,869 3,865,868.60
    0.14 29M AU 29METALS LTD Australia BNNVRL0 0.32 10,736,501 3,476,590.83
    0.00 BRITISH STERLING POUND United States 1.27 17,964 22,757.59
    0.00 MEXICAN PESO United States 0.06 134,309 8,045.82
    0.00 AUSTRALIAN DOLLAR United States 1.00 0 0.01
    0.00 JAPANESE YEN United States 0.00 -2 -0.01
    0.00 CANADIAN DOLLAR United States 0.73 -5,812 -4,268.78
    -0.00 SAUDI RIYAL United States 0.27 -360,773 -96,195.90
    -0.01 CASH United States 1.00 -140,877 -140,876.76
    Holdings are subject to change. "Cash" denotes U.S. dollars.

    Sector Breakdown As of 04/30/24

    Sector Weight (%)
    Materials 100.0

    Source: AltaVista Research, LLC

    Country Breakdown As of 04/30/24

    Country Weight (%)
    Canada 36.4
    United States 10.7
    China 9.6
    Japan 8.1
    Australia 7.9
    Britain 6.8
    Poland 4.6
    Sweden 4.4
    Switzerland 3.8
    Germany 3.4
    Hong Kong 2.5
    Other/Cash 1.8

    Source: AltaVista Research, LLC

    ETF Characteristics As of 05/15/24

    Return on Equity 9.90%
    Weighted Avg. Market Cap 27,321 M
    2023 2024
    Price-to-earnings 21.25 16.09
    Price-to-book value 1.66 1.54

    Source: AltaVista Research, LLC

    ETF Risk Stats As of 04/30/24

    Versus Beta
    S&P 500 1.01
    MSCI EAFE 1.42
    MSCI Emg. Mkts 1.33
    Standard Deviation 32.50%

    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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