COPX

Copper Miners ETF

Overview Prices & Performance Holdings & Characteristics Documents

Reasons to Consider COPX

High Growth Potential

Copper consumption could reach 43M metric tonnes by 2050, up from 26M in 2022. However, supply may not keep up with demand, which could present opportunities for miners.¹

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 02/21/25

Inception Date	04/19/10
Total Expense Ratio	0.65%
Net Assets	$2.68 billion
NAV	$39.73

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 02/21/25

Ticker	COPX
B3 Trading Code	BCPX39
Bloomberg Index Ticker	SOLGLOCO
CUSIP	37954Y830
ISIN	US37954Y8306
Primary Exchange	NYSE Arca
Shares Outstanding	67,409,374
Number of Holdings	47
30-Day Median Bid-Ask Spread	0.07%

Distributions As of 02/21/25

30-Day SEC Yield	1.40%
Distribution Frequency	Semi-Annually

ETF Prices As of 02/21/25

NAV	$39.73	Daily Change	-$1.30	-3.17%
Market Price	$39.27	Daily Change	-$1.85	-4.50%

Cumulative Returns (as of 01/31/25)	1 Month	6 Months	YTD	12 Months	24 Months	Since Inception	Inception Date
Return COPX	0.08%	-7.58%	0.08%	7.47%	11.01%	21.86%	04/19/10

Returns (as of 02/20/25)	Return COPX	Return Index
Since Inception	29.97%	39.29%
12 Months	20.59%	14.40%
24 Months	18.39%	11.62%
Last 60 Trading Days	0.24%	-1.81%
Last 75 Trading Days	-5.33%	-7.24%

Monthly Returns (through 02/20/25)	Return COPX	Return Index
Feb 2025	6.64%	7.11%
Jan 2025	0.08%	-2.85%
Dec 2024	-6.97%	-6.95%
Nov 2024	-3.44%	-3.00%
Oct 2024	-6.88%	-6.86%
Sep 2024	10.61%	11.31%
Aug 2024	-0.19%	-0.14%
Jul 2024	-4.28%	-5.62%
Jun 2024	-4.36%	-5.50%
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%

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

Net Assets (%)	Ticker	Name	Country	SEDOL	Market Price ($)	Shares Held	Market Value ($)
6.32	BOL SS	BOLIDEN AB	Sweden	BPYTZ57	36.06	4,693,258	169,251,227.44
5.33	ANTO LN	ANTOFAGASTA PLC	United Kingdom	0045614	23.00	6,204,480	142,727,272.27
5.23	FM CN	FIRST QUANTUM	Canada	2347608	12.21	11,479,609	140,146,034.47
5.14	2899 HK	ZIJIN MINING-H	Hong Kong	6725299	2.02	68,248,635	137,569,008.12
4.96	BHP AU	BHP GROUP LTD	Australia	6144690	26.30	5,046,157	132,730,113.42
4.86	KGH PW	KGHM POLSKA MIEDZ SA	Poland	5263251	34.61	3,765,230	130,308,506.38
4.76	LUN CN	LUNDIN MINING CORP	Canada	2866857	8.32	15,327,989	127,557,876.57
4.56	SCCO	SOUTHERN COPPER CORP	United States	2823777	92.91	1,315,507	122,223,755.37
4.42	TECK/B CN	TECK RESOURCES LTD-CLS B	Canada	2879327	41.19	2,875,921	118,450,648.43
4.28	SFR AU	SANDFIRE RESOURCES LTD	Australia	6739739	6.94	16,509,040	114,506,515.37
4.24	GLEN LN	GLENCORE PLC	United Kingdom	B4T3BW6	4.09	27,736,695	113,534,748.23
4.19	CS CN	CAPSTONE COPPER CORP	Canada	BMY5XY9	5.77	19,420,744	112,120,323.02
4.18	FCX	FREEPORT-MCMORAN INC	United States	2352118	36.98	3,031,392	112,100,876.16
4.18	5713 JP	SUMITOMO MET MIN	Japan	6858849	22.43	4,987,929	111,858,209.86
4.10	IVN CN	IVANHOE MINES LTD-CL A	Canada	BD73C40	10.54	10,427,772	109,905,126.79
3.79	HBM CN	HUDBAY MINERALS INC	Canada	B05BDX1	7.11	14,272,206	101,488,563.10
3.58	NDA GR	AURUBIS AG	Germany	5485527	87.40	1,097,043	95,885,742.31
2.62	5711 JP	MITSUBISHI MATERIALS CORP	Japan	6597089	15.70	4,473,364	70,214,107.98
2.38	358 HK	JIANGXI COPPER CO LTD-H	Hong Kong	6000305	1.63	39,223,301	63,815,487.79
1.88	2099 HK	CHINA GOLD INTER	Hong Kong	B60FNV8	5.82	8,637,000	50,250,019.31
1.64	ERO CN	ERO COPPER CORP	Canada	BF02Z72	12.80	3,436,584	43,987,113.82
1.64	1208 HK	MMG LTD	Hong Kong	6728793	0.31	142,766,760	43,919,752.40
1.51	NGEX CN	NGEX MINERALS LTD	Canada	BKDKBL4	9.79	4,141,162	40,526,737.64
1.16	1258 HK	CHINA NONFERROUS	Hong Kong	B890GY2	0.66	46,796,300	31,081,079.68
1.13	AMAK AB	AL MASANE AL KOB	United States	BNNVLT6	16.45	1,846,381	30,378,311.97
1.13	FOM CN	FORAN MINING CORPORATION	Canada	2355731	2.81	10,731,515	30,146,615.17
0.94	ALS CN	ALTIUS MINERALS	Canada	2122355	18.62	1,355,078	25,234,493.68
0.80	TGB	TASEKO MINES LTD	United States	2592066	2.05	10,408,586	21,337,601.30
0.71	MTAL	MAC COPPER LTD	United States	BQBC846	10.75	1,772,937	19,059,072.75
0.62	ATYM LN	ATALAYA MINING COPPER SA	United Kingdom	BYZTVM8	4.84	3,442,887	16,666,781.11
0.60	3939 HK	WANGUO GOLD GROUP LTD	Hong Kong	B7SHKP6	1.92	8,424,390	16,178,645.75
0.55	WA1 AU	WA1 RESOURCES LTD	Australia	BN10LP1	8.34	1,763,972	14,720,101.92
0.48	CAML LN	CENTRAL ASIA METALS PLC	United Kingdom	B67KBV2	2.00	6,394,887	12,770,860.19
0.46	1515 JP	NITTETSU MINING CO LTD	Japan	6641027	37.78	324,712	12,266,801.28
0.46	DVP AU	DEVELOP GLOBAL LTD	Australia	BNVQGB0	1.87	6,508,733	12,198,973.00
0.43	SLS CN	SOLARIS RESOURCES INC	Canada	BMQ5701	3.65	3,180,791	11,600,307.94
0.43	2362 HK	JINCHUAN GROUP	Hong Kong	6373988	0.07	174,025,000	11,423,960.61
0.15	SOLG LN	SOLGOLD PLC	United Kingdom	B0WD0R3	0.08	50,933,781	4,094,427.84
0.09	29M AU	29METALS LTD	Australia	BNNVRL0	0.11	21,395,528	2,455,132.85
0.04		CASH	United States		1.00	1,194,931	1,194,930.84
0.02		OTHER PAYABLE & RECEIVABLES	United States		1.00	670,063	670,062.51
0.00		BRITISH STERLING POUND	United States		1.26	17,964	22,705.52
0.00		MEXICAN PESO	United States		0.05	134,309	6,604.97
0.00		AUSTRALIAN DOLLAR	United States		1.00	0	0.01
0.00		HONG KONG DOLLAR	United States		0.13	-1,698	-218.56
0.00		CANADIAN DOLLAR	United States		0.70	-6,056	-4,263.80
-0.00		JAPANESE YEN	United States		0.01	-18,239,782	-121,956.29

Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 01/31/25

	Sector	Weight (%)
	Materials	96.0
	Industrials	3.3
	Financials	0.7

Source: AltaVista Research, LLC

Country Breakdown As of 01/31/25

	Country	Weight (%)
	Canada	36.2
	Australia	9.9
	United States	9.5
	China	9.0
	Japan	7.6
	Britain	5.8
	Sweden	5.5
	Switzerland	4.7
	Poland	4.5
	Germany	3.3
	Hong Kong	2.2
	Other/Cash	1.8

Source: AltaVista Research, LLC

ETF Characteristics As of 02/20/25

Return on Equity	10.40%
Weighted Avg. Market Cap	22,487 M
	2024	2025
Price-to-earnings	14.20	11.75
Price-to-book value	1.27	1.18

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/25

Versus	Beta
S&P 500	1.02
MSCI EAFE	1.42
MSCI Emg. Mkts	1.42
Standard Deviation	32.70%

Source: AltaVista Research, LLC

ETF Documents

Latest Premium / Discount As of 02/21/25

NAV	$39.73
Market Price	$39.27
Premium / (Discount)	-$0.46

Current View 2025 Q1 As of 02/21/25

Days at Premium	19
Days at NAV	0
Days at Discount	15
Greatest Premium	1.08%
Greatest Discount	-1.17%

Daily Premium / Discount History As of 02/21/25

Hover over the chart points for details

View Chart Explanation

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

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.

COPX

Copper Miners ETF

Reasons to Consider COPX

High Growth Potential

Structural Tailwinds

ETF Efficiency

Key Information As of 02/21/25

ETF Summary

ETF Objective

Trading Details As of 02/21/25

Distributions As of 02/21/25

ETF Prices As of 02/21/25

Performance History

NAV & Index Chart

Top Holdings As of 02/21/25

Sector Breakdown As of 01/31/25

Country Breakdown As of 01/31/25

ETF Characteristics As of 02/20/25

ETF Risk Stats As of 01/31/25

ETF Documents