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 05/14/25

Inception Date 04/19/10
Total Expense Ratio 0.65%
Net Assets $2.01 billion
NAV $40.73

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 05/14/25

Ticker COPX
B3 Trading Code BCPX39
Bloomberg Index Ticker SOLGLOCO
CUSIP 37954Y830
ISIN US37954Y8306
Primary Exchange NYSE Arca
Shares Outstanding 49,289,374
Number of Holdings 49
30-Day Median Bid-Ask Spread 0.11%

Distributions As of 05/14/25

30-Day SEC Yield 1.26%
Distribution Frequency Semi-Annually

ETF Prices As of 05/14/25

NAV $40.73 Daily Change -$0.04 -0.10%
Market Price $40.43 Daily Change -$0.43 -1.05%

Performance History

Cumulative Returns (as of 04/30/25)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return COPX -2.03% -8.49% -0.60% -15.95% 8.39% 21.04% 04/19/10
Returns (as of 05/13/25)
Return COPX Return Index
Since Inception 29.15% 38.64%
12 Months -8.10% -11.72%
24 Months 32.22% 25.10%
Last 60 Trading Days 0.37% 0.72%
Last 75 Trading Days 5.97% 6.42%
Monthly Returns (through 05/13/25)
Return COPX Return Index
May 2025 6.71% 6.75%
Apr 2025 -2.03% 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%
Jun 2023 10.56% 11.90%
May 2023 -12.52% -12.95%

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 05/14/25

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
5.11 ANTO LN ANTOFAGASTA PLC United Kingdom 0045614 24.94 4,047,258 100,951,219.82
5.07 FM CN FIRST QUANTUM Canada 2347608 14.47 6,925,179 100,175,077.21
4.98 LUN CN LUNDIN MINING CORP Canada 2866857 9.13 10,780,800 98,481,246.64
4.95 FCX FREEPORT-MCMORAN INC United States 2352118 39.06 2,502,055 97,730,268.30
4.89 IVN CN IVANHOE MINES LTD-CL A Canada BD73C40 10.39 9,299,314 96,607,596.63
4.85 5713 JP SUMITOMO MET MIN Japan 6858849 22.55 4,247,329 95,762,290.67
4.75 BOL SS BOLIDEN AB Sweden BPYTZ57 32.42 2,894,601 93,857,033.43
4.70 KGH PW KGHM POLSKA MIEDZ SA Poland 5263251 33.70 2,756,465 92,906,340.64
4.70 TECK/B CN TECK RESOURCES LTD-CLS B Canada 2879327 37.15 2,496,688 92,748,180.40
4.67 BHP AU BHP GROUP LTD Australia 6144690 25.48 3,621,714 92,276,692.80
4.62 SCCO SOUTHERN COPPER CORP United States 2823777 93.40 977,189 91,269,458.12
4.51 GLEN LN GLENCORE PLC United Kingdom B4T3BW6 3.64 24,454,617 89,080,004.31
4.32 2899 HK ZIJIN MINING-H Hong Kong 6725299 2.26 37,650,535 85,267,969.67
4.20 HBM CN HUDBAY MINERALS INC Canada B05BDX1 8.50 9,757,289 82,979,774.62
3.98 SFR AU SANDFIRE RESOURCES LTD Australia 6739739 6.98 11,273,240 78,705,541.00
3.51 CS CN CAPSTONE COPPER CORP Canada BMY5XY9 5.10 13,597,467 69,363,399.63
3.31 NDA GR AURUBIS AG Germany 5485527 87.47 747,200 65,354,235.35
2.45 5711 JP MITSUBISHI MATERIALS CORP Japan 6597089 15.71 3,084,910 48,470,530.96
2.31 358 HK JIANGXI COPPER CO LTD-H Hong Kong 6000305 1.76 25,995,501 45,686,176.45
1.98 2099 HK CHINA GOLD INTER Hong Kong B60FNV8 6.65 5,881,300 39,137,348.05
1.62 1208 HK MMG LTD Hong Kong 6728793 0.33 97,144,560 31,980,416.72
1.61 ERO CN ERO COPPER CORP Canada BF02Z72 13.72 2,323,954 31,885,165.04
1.37 NGEX CN NGEX MINERALS LTD Canada BKDKBL4 8.53 3,169,880 27,026,023.28
1.14 1258 HK CHINA NONFERROUS Hong Kong B890GY2 0.71 31,721,400 22,592,258.44
0.99 AMAK AB AL MASANE AL KOB United States BNNVLT6 15.62 1,250,205 19,532,369.89
0.91 FOM CN FORAN MINING CORPORATION Canada 2355731 2.33 7,734,028 18,008,662.73
0.86 ALS CN ALTIUS MINERALS Canada 2122355 18.66 912,259 17,026,220.28
0.83 MTAL MAC COPPER LTD United States BQBC846 9.79 1,672,911 16,377,798.69
0.78 3939 HK WANGUO GOLD GROUP LTD Hong Kong B7SHKP6 2.81 5,531,090 15,516,270.77
0.77 TGB TASEKO MINES LTD United States 2592066 2.04 7,425,183 15,147,373.32
0.71 2362 HK JINCHUAN GROUP Hong Kong 6373988 0.08 171,631,700 14,070,514.81
0.68 ATYM LN ATALAYA MINING COPPER SA United Kingdom BYZTVM8 5.48 2,456,497 13,467,242.80
0.61 1515 JP NITTETSU MINING CO LTD Japan 6641027 46.27 260,193 12,038,727.52
0.60 NDM CN NORTHERN DYNASTY MINERALS Canada 2637848 0.92 12,929,258 11,949,663.49
0.57 DVP AU DEVELOP GLOBAL LTD Australia BNVQGB0 2.36 4,768,488 11,271,783.56
0.46 CAML LN CENTRAL ASIA METALS PLC United Kingdom B67KBV2 2.08 4,345,803 9,032,673.27
0.43 SLS CN SOLARIS RESOURCES INC Canada BMQ5701 3.93 2,162,302 8,505,131.99
0.43 WA1 AU WA1 RESOURCES LTD Australia BN10LP1 8.09 1,050,896 8,497,573.49
0.34 OTHER PAYABLE & RECEIVABLES United States 1.00 6,651,035 6,651,035.33
0.20 LUCA CN LUCA MINING CORP Canada BMYD3C1 0.87 4,676,718 4,054,328.34
0.16 SOLG LN SOLGOLD PLC United Kingdom B0WD0R3 0.09 33,425,450 3,126,783.59
0.03 CASH United States 1.00 660,483 660,482.92
0.02 SAUDI RIYAL United States 0.27 1,403,687 374,236.69
0.00 BRITISH STERLING POUND United States 1.33 17,964 23,903.78
0.00 MEXICAN PESO United States 0.05 134,309 6,937.62
0.00 AUSTRALIAN DOLLAR United States 1.00 0 0.01
0.00 HONG KONG DOLLAR United States 0.13 -1,698 -217.50
0.00 CANADIAN DOLLAR United States 0.72 -6,056 -4,338.96
-0.01 JAPANESE YEN United States 0.01 -18,239,782 -124,656.79
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/25

Sector Weight (%)
Materials 95.7
Industrials 3.5
Financials 0.8

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/25

Country Weight (%)
Canada 36.3
United States 10.5
Australia 9.6
China 8.8
Japan 8.0
Britain 5.5
Sweden 4.8
Poland 4.8
Switzerland 4.3
Germany 3.4
Hong Kong 2.3
Other/Cash 1.7

Source: AltaVista Research, LLC

ETF Characteristics As of 05/13/25

Return on Equity 7.50%
Weighted Avg. Market Cap 19,254 M
2024 2025
Price-to-earnings 19.09 16.61
Price-to-book value 1.28 1.22

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/25

Versus Beta
S&P 500 0.99
MSCI EAFE 1.42
MSCI Emg. Mkts 1.49
Standard Deviation 30.60%

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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