COPX


Copper Miners ETF

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 07/30/25

Inception Date 04/19/10
Total Expense Ratio 0.65%
Net Assets $1.85 billion
NAV $43.57

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 07/30/25

Ticker COPX
B3 Trading Code BCPX39
Bloomberg Index Ticker SOLGLOCO
CUSIP 37954Y830
ISIN US37954Y8306
Primary Exchange NYSE Arca
Shares Outstanding 42,409,374
Number of Holdings 48
30-Day Median Bid-Ask Spread 0.07%

Distributions As of 07/30/25

30-Day SEC Yield 0.98%
Distribution Frequency Semi-Annually

ETF Prices As of 07/30/25

NAV $43.57 Daily Change -$0.79 -1.78%
Market Price $42.91 Daily Change -$1.28 -2.90%

Performance History

Cumulative Returns (as of 06/30/25)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return COPX 9.52% 19.92% 17.01% 0.62% 31.92% 42.48% 04/19/10
Returns (as of 07/29/25)
Return COPX Return Index
Since Inception 41.30% 51.84%
12 Months 9.82% 10.96%
24 Months 17.34% 13.11%
Last 60 Trading Days 16.47% 19.40%
Last 75 Trading Days 41.87% 45.24%
Monthly Returns (through 07/29/25)
Return COPX Return Index
Jul 2025 -0.82% 0.48%
Jun 2025 9.52% 11.42%
May 2025 7.50% 6.90%
Apr 2025 0.41% 0.28%
Mar 2025 1.86% 1.89%
Feb 2025 -0.49% -0.05%
Jan 2025 0.09% -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%

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 07/30/25

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
5.46 FM CN FIRST QUANTUM Canada 2347608 16.65 6,036,603 100,533,557.08
5.08 ANTO LN ANTOFAGASTA PLC United Kingdom 0045614 26.51 3,528,025 93,520,186.37
5.08 LUN CN LUNDIN MINING CORP Canada 2866857 9.94 9,397,902 93,431,225.85
5.07 2899 HK ZIJIN MINING-H Hong Kong 6725299 2.84 32,831,235 93,266,395.39
4.80 GLEN LN GLENCORE PLC United Kingdom B4T3BW6 4.14 21,320,576 88,323,323.93
4.68 KGH PW KGHM POLSKA MIEDZ SA Poland 5263251 35.83 2,402,668 86,089,712.31
4.67 5713 JP SUMITOMO MET MIN Japan 6858849 23.27 3,696,447 86,023,334.35
4.64 FCX FREEPORT-MCMORAN INC United States 2352118 39.14 2,181,105 85,368,449.70
4.46 BHP AU BHP GROUP LTD Australia 6144690 25.99 3,157,320 82,046,461.25
4.42 BOL SS BOLIDEN AB Sweden BPYTZ57 32.23 2,523,451 81,327,143.69
4.25 HBM CN HUDBAY MINERALS INC Canada B05BDX1 9.20 8,510,416 78,260,948.70
4.19 SCCO SOUTHERN COPPER CORP United States 2823777 90.54 851,507 77,095,449.13
3.83 SFR AU SANDFIRE RESOURCES LTD Australia 6739739 7.18 9,832,367 70,578,321.67
3.81 TECK/B CN TECK RESOURCES LTD-CLS B Canada 2879327 32.22 2,176,768 70,139,514.14
3.60 NDA GR AURUBIS AG Germany 5485527 101.60 651,683 66,209,700.03
3.51 IVN CN IVANHOE MINES LTD-CL A Canada BD73C40 7.98 8,107,422 64,692,654.46
3.51 CS CN CAPSTONE COPPER CORP Canada BMY5XY9 5.45 11,862,884 64,680,870.73
2.61 358 HK JIANGXI COPPER CO LTD-H Hong Kong 6000305 2.12 22,715,901 48,094,354.06
2.47 2099 HK CHINA GOLD INTER Hong Kong B60FNV8 8.87 5,123,500 45,459,114.39
2.35 1208 HK MMG LTD Hong Kong 6728793 0.51 84,752,160 43,186,089.08
2.27 5711 JP MITSUBISHI MATERIALS CORP Japan 6597089 15.58 2,685,877 41,838,618.46
2.12 NGEX CN NGEX MINERALS LTD Canada BKDKBL4 14.06 2,775,940 39,034,614.82
1.52 1258 HK CHINA NONFERROUS Hong Kong B890GY2 1.01 27,710,000 27,992,573.20
1.44 ERO CN ERO COPPER CORP Canada BF02Z72 13.03 2,034,934 26,507,702.59
1.10 TGB TASEKO MINES LTD United States 2592066 3.10 6,531,273 20,246,946.30
1.08 AMAK AB AL MASANE AL KOB United States BNNVLT6 18.02 1,097,878 19,784,749.63
0.97 MTAL MAC COPPER LTD United States BQBC846 12.07 1,473,114 17,780,485.98
0.95 3939 HK WANGUO GOLD GROUP LTD Hong Kong B7SHKP6 3.60 4,844,290 17,433,383.97
0.92 ALS CN ALTIUS MINERALS Canada 2122355 21.20 802,159 17,006,781.45
0.73 ATYM LN ATALAYA MINING COPPER SA United Kingdom BYZTVM8 6.23 2,150,711 13,391,564.60
0.68 FOM CN FORAN MINING CORPORATION Canada 2355731 1.83 6,797,993 12,453,511.67
0.67 DVP AU DEVELOP GLOBAL LTD Australia BNVQGB0 2.89 4,234,426 12,256,648.99
0.63 1515 JP NITTETSU MINING CO LTD Japan 6641027 50.63 227,872 11,536,273.41
0.54 WA1 AU WA1 RESOURCES LTD Australia BN10LP1 10.63 934,746 9,940,829.69
0.50 NDM CN NORTHERN DYNASTY MINERALS Canada 2637848 0.81 11,325,800 9,184,965.06
0.49 SLS CN SOLARIS RESOURCES INC Canada BMQ5701 4.69 1,918,982 9,004,021.11
0.41 CAML LN CENTRAL ASIA METALS PLC United Kingdom B67KBV2 2.00 3,801,608 7,609,076.91
0.26 LUCA CN LUCA MINING CORP Canada BMYD3C1 1.14 4,120,256 4,713,807.96
0.22 SOLG LN SOLGOLD PLC United Kingdom B0WD0R3 0.14 29,592,873 4,145,409.23
0.02 OTHER PAYABLE & RECEIVABLES United States 1.00 363,482 363,482.39
0.02 SAUDI RIYAL United States 0.27 1,026,739 273,709.58
0.01 CASH United States 1.00 209,233 209,233.41
0.01 HONG KONG DOLLAR United States 0.13 1,588,988 202,420.17
0.00 BRITISH STERLING POUND United States 1.33 17,964 23,874.87
0.00 MEXICAN PESO United States 0.05 134,309 7,141.05
0.00 AUSTRALIAN DOLLAR United States 1.00 0 0.01
0.00 CANADIAN DOLLAR United States 0.72 -6,056 -4,385.14
-0.01 JAPANESE YEN United States 0.01 -18,239,782 -122,468.07
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 06/30/25

Sector Weight (%)
Materials 95.5
Industrials 3.6
Financials 0.9

Source: AltaVista Research, LLC

Country Breakdown As of 06/30/25

Country Weight (%)
Canada 37.4
United States 10.6
China 9.1
Australia 9.0
Japan 7.6
Britain 5.3
Poland 4.5
Switzerland 4.5
Sweden 4.2
Germany 3.6
Hong Kong 2.7
Other/Cash 1.5

Source: AltaVista Research, LLC

ETF Characteristics As of 07/30/25

Return on Equity 7.90%
Weighted Avg. Market Cap 19,216 M
2024 2025
Price-to-earnings 18.66 16.44
Price-to-book value 1.33 1.26

Source: AltaVista Research, LLC

ETF Risk Stats As of 06/30/25

Versus Beta
S&P 500 0.85
MSCI EAFE 1.21
MSCI Emg. Mkts 1.32
Standard Deviation 28.60%

Source: AltaVista Research, LLC

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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