NAV | $42.51 | Daily Change | -$0.10 | -0.23% |
Market Price | $42.53 | Daily Change | -$0.37 | -0.86% |
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.
Copper is an essential input in electric vehicles, renewable energy storage, and other forms of next-generation infrastructure that we expect to gain popularity.
In a single trade, COPX delivers efficient access to a basket of companies involved in the mining of copper.
1BloombergNEF, Jun 2023
Inception Date | 04/19/10 |
Total Expense Ratio | 0.65% |
Net Assets | $2.56 billion |
NAV | $42.51 |
The Global X Copper Miners ETF (COPX) provides investors access to a broad range of copper mining companies.
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.
30-Day SEC Yield | 1.24% |
Distribution Frequency | Semi-Annually |
NAV | $42.51 | Daily Change | -$0.10 | -0.23% |
Market Price | $42.53 | Daily Change | -$0.37 | -0.86% |
Cumulative Returns (as of 10/31/24)
|
1 Month | 6 Months | YTD | 12 Months | 24 Months | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|
Return COPX | -8.54% | -3.24% | 16.04% | 35.22% | 30.65% | 36.82% | 04/19/10 |
Returns (as of 11/20/24)
|
Return COPX | Return Index |
---|---|---|
Since Inception | 32.82% | 42.16% |
12 Months | 27.31% | 23.26% |
24 Months | 26.84% | 22.69% |
Last 60 Trading Days | -2.30% | -1.63% |
Last 75 Trading Days | 8.47% | 9.28% |
Monthly Returns (through 11/20/24)
|
Return COPX | Return Index |
---|---|---|
Nov 2024 | -2.92% | -2.90% |
Oct 2024 | -8.54% | -6.86% |
Sep 2024 | 10.61% | 11.31% |
Aug 2024 | -0.19% | -0.14% |
Jul 2024 | -4.28% | -5.62% |
Jun 2024 | -5.47% | -6.60% |
May 2024 | 4.02% | 2.71% |
Apr 2024 | 9.98% | 9.83% |
Mar 2024 | 16.83% | 16.93% |
Feb 2024 | -1.20% | -1.84% |
Jan 2024 | -3.81% | -3.34% |
Dec 2023 | 10.99% | 11.14% |
Nov 2023 | 5.20% | 5.24% |
Oct 2023 | -10.22% | -10.24% |
Sep 2023 | -3.42% | -4.20% |
Aug 2023 | -9.25% | -9.20% |
Jul 2023 | 11.51% | 10.80% |
Jun 2023 | 10.56% | 11.90% |
May 2023 | -12.52% | -12.95% |
Apr 2023 | 1.62% | 1.63% |
Mar 2023 | 2.58% | 2.65% |
Feb 2023 | -8.05% | -8.99% |
Jan 2023 | 15.76% | 17.52% |
Dec 2022 | 0.58% | 0.59% |
Nov 2022 | 23.85% | 22.54% |
Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.
Net Assets (%) | Ticker | Name | Country | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|---|
5.26 | FM CN | FIRST QUANTUM | Canada | 2347608 | 13.22 | 10,273,064 | 135,766,396.29 |
4.98 | LUN CN | LUNDIN MINING CORP | Canada | 2866857 | 10.13 | 12,676,237 | 128,427,676.02 |
4.86 | CS CN | CAPSTONE COPPER CORP | Canada | BMY5XY9 | 7.21 | 17,380,749 | 125,335,973.80 |
4.83 | IVN CN | IVANHOE MINES LTD-CL A | Canada | BD73C40 | 13.37 | 9,332,540 | 124,735,933.74 |
4.71 | 2899 HK | ZIJIN MINING-H | Hong Kong | 6725299 | 1.99 | 60,984,735 | 121,444,516.28 |
4.68 | BOL SS | BOLIDEN AB | Sweden | BPYTZ57 | 28.75 | 4,200,114 | 120,765,920.66 |
4.67 | SCCO | SOUTHERN COPPER CORP | United States | 2823777 | 103.00 | 1,168,774 | 120,383,720.74 |
4.65 | TECK/B CN | TECK RESOURCES LTD-CLS B | Canada | 2879327 | 46.59 | 2,573,849 | 119,908,358.74 |
4.63 | GLEN LN | GLENCORE PLC | United Kingdom | B4T3BW6 | 4.82 | 24,822,870 | 119,566,610.27 |
4.60 | FCX | FREEPORT-MCMORAN INC | United States | 2352118 | 43.70 | 2,713,006 | 118,558,362.20 |
4.56 | ANTO LN | ANTOFAGASTA PLC | United Kingdom | 0045614 | 21.19 | 5,552,599 | 117,675,531.72 |
4.55 | BHP AU | BHP GROUP LTD | Australia | 6144690 | 26.01 | 4,516,088 | 117,472,276.01 |
4.46 | HBM CN | HUDBAY MINERALS INC | Canada | B05BDX1 | 9.01 | 12,772,867 | 115,088,948.69 |
4.29 | 5713 JP | SUMITOMO MET MIN | Japan | 6858849 | 24.83 | 4,456,339 | 110,638,758.04 |
4.10 | KGH PW | KGHM POLSKA MIEDZ SA | Poland | 5263251 | 31.49 | 3,364,029 | 105,920,257.18 |
3.78 | SFR AU | SANDFIRE RESOURCES LTD | Australia | 6739739 | 6.61 | 14,746,326 | 97,426,451.12 |
3.20 | NDA GR | AURUBIS AG | Germany | 5485527 | 84.37 | 979,651 | 82,657,054.70 |
2.42 | 5711 JP | MITSUBISHI MATERIALS CORP | Japan | 6597089 | 15.63 | 3,993,592 | 62,408,296.85 |
2.39 | FIL CN | FILO CORP | Canada | BMDHMH2 | 23.40 | 2,637,087 | 61,719,057.45 |
2.25 | 358 HK | JIANGXI COPPER CO LTD-H | Hong Kong | 6000305 | 1.66 | 35,014,101 | 58,030,693.51 |
1.89 | ERO CN | ERO COPPER CORP | Canada | BF02Z72 | 15.90 | 3,067,968 | 48,781,698.81 |
1.83 | 1208 HK | MMG LTD | Hong Kong | 6728793 | 0.37 | 127,364,160 | 47,290,090.88 |
1.64 | 2099 HK | CHINA GOLD INTER | Hong Kong | B60FNV8 | 5.49 | 7,707,400 | 42,332,029.29 |
1.29 | NGEX CN | NGEX MINERALS LTD | Canada | BKDKBL4 | 9.00 | 3,689,939 | 33,195,224.48 |
1.20 | AMAK AB | AL MASANE AL KOB | United States | BNNVLT6 | 18.33 | 1,683,900 | 30,858,567.51 |
1.14 | FOM CN | FORAN MINING CORPORATION | Canada | 2355731 | 3.08 | 9,566,913 | 29,439,807.96 |
1.12 | 1258 HK | CHINA NONFERROUS | Hong Kong | B890GY2 | 0.69 | 41,701,000 | 28,877,547.38 |
0.88 | ALS CN | ALTIUS MINERALS | Canada | 2122355 | 18.74 | 1,206,317 | 22,608,754.28 |
0.75 | TGB | TASEKO MINES LTD | United States | 2592066 | 2.08 | 9,265,701 | 19,272,658.08 |
0.71 | MTAL | METALS ACQUISITION LTD-A | United States | BQBC846 | 11.65 | 1,577,458 | 18,377,385.70 |
0.58 | WA1 AU | WA1 RESOURCES LTD | Australia | BN10LP1 | 9.42 | 1,586,986 | 14,954,950.72 |
0.54 | ATYM LN | ATALAYA MINING PLC | United Kingdom | BYZTVM8 | 4.48 | 3,097,595 | 13,874,040.06 |
0.45 | CAML LN | CENTRAL ASIA METALS PLC | United Kingdom | B67KBV2 | 2.01 | 5,752,615 | 11,587,331.19 |
0.41 | 2362 HK | JINCHUAN GROUP | Hong Kong | 6373988 | 0.07 | 156,527,700 | 10,658,403.16 |
0.38 | 3939 HK | WANGUO GOLD GROUP LTD | Hong Kong | B7SHKP6 | 1.30 | 7,555,690 | 9,784,975.29 |
0.34 | SLS CN | SOLARIS RESOURCES INC | Canada | BMQ5701 | 3.03 | 2,858,313 | 8,652,896.70 |
0.31 | 1515 JP | NITTETSU MINING CO LTD | Japan | 6641027 | 27.12 | 291,869 | 7,915,981.75 |
0.29 | DVP AU | DEVELOP GLOBAL LTD | Australia | BNVQGB0 | 1.26 | 5,853,041 | 7,388,332.75 |
0.17 | SOLG LN | SOLGOLD PLC | United Kingdom | B0WD0R3 | 0.10 | 45,751,889 | 4,468,907.63 |
0.17 | CASH | United States | 1.00 | 4,408,234 | 4,408,234.35 | ||
0.11 | 29M AU | 29METALS LTD | Australia | BNNVRL0 | 0.25 | 10,929,380 | 2,766,339.05 |
0.00 | BRITISH STERLING POUND | United States | 1.27 | 17,964 | 22,728.79 | ||
0.00 | MEXICAN PESO | United States | 0.05 | 134,309 | 6,634.66 | ||
0.00 | AUSTRALIAN DOLLAR | United States | 1.00 | 0 | 0.01 | ||
0.00 | HONG KONG DOLLAR | United States | 0.13 | -1,698 | -218.15 | ||
0.00 | CANADIAN DOLLAR | United States | 0.71 | -6,056 | -4,323.93 | ||
-0.00 | JAPANESE YEN | United States | 0.01 | -18,239,782 | -117,226.02 | ||
-0.02 | OTHER PAYABLE & RECEIVABLES | United States | 1.00 | -459,303 | -459,302.83 | ||
-0.02 | SAUDI RIYAL | United States | 0.27 | -2,342,759 | -624,020.15 |
Sector | Weight (%) | |
---|---|---|
Materials | 96.4 | |
Industrials | 2.8 | |
Financials | 0.7 | |
Other/Cash | 0.1 |
Source: AltaVista Research, LLC
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
Return on Equity | 9.50% | |
Weighted Avg. Market Cap | 25,364 M | |
2023 | 2024 | |
Price-to-earnings | 17.70 | 13.76 |
Price-to-book value | 1.36 | 1.27 |
Source: AltaVista Research, LLC
Versus | Beta |
---|---|
S&P 500 | 1.00 |
MSCI EAFE | 1.36 |
MSCI Emg. Mkts | 1.41 |
Standard Deviation | 32.30% |
Source: AltaVista Research, LLC
TERMS OF USE
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