Brazil
  • pt
  • en
    • Search

    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 12/20/24

    Inception Date 04/19/10
    Total Expense Ratio 0.65%
    Net Assets $2.63 billion
    NAV $38.91

    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 12/20/24

    Ticker COPX
    B3 Trading Code BCPX39
    Bloomberg Index Ticker SOLGLOCO
    CUSIP 37954Y830
    ISIN US37954Y8306
    Primary Exchange NYSE Arca
    Shares Outstanding 67,699,374
    Number of Holdings 50
    30-Day Median Bid-Ask Spread 0.05%

    Distributions As of 12/20/24

    30-Day SEC Yield 1.16%
    Distribution Frequency Semi-Annually
     Distribution History

    ETF Prices As of 12/20/24

    NAV $38.91 Daily Change $0.39 1.01%
    Market Price $38.91 Daily Change $0.61 1.59%

    Performance History

    Premium Discount Chart
    Cumulative Returns (as of 11/29/24)
    		1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
    Return COPX -3.45% -10.18% 12.04% 24.09% 26.16% 32.10% 04/19/10
    Returns (as of 12/19/24)
    		Return COPX Return Index
    Since Inception 20.35% 28.85%
    12 Months 3.95% 0.98%
    24 Months 14.29% 11.06%
    Last 60 Trading Days -14.38% -13.95%
    Last 75 Trading Days -3.28% -2.72%
    Monthly Returns (through 12/19/24)
    		Return COPX Return Index
    Dec 2024 -8.88% -8.85%
    Nov 2024 -3.45% -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 -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%

    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 12/20/24

    Full Holdings (.csv)
    Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
    5.68 FM CN FIRST QUANTUM Canada 2347608 13.09 11,359,328 148,706,517.51
    4.92 BOL SS BOLIDEN AB Sweden BPYTZ57 27.73 4,644,378 128,774,366.90
    4.76 IVN CN IVANHOE MINES LTD-CL A Canada BD73C40 12.08 10,319,936 124,613,487.56
    4.75 ANTO LN ANTOFAGASTA PLC United Kingdom 0045614 20.23 6,140,029 124,237,375.43
    4.72 BHP AU BHP GROUP LTD Australia 6144690 24.73 4,993,736 123,514,349.41
    4.66 2899 HK ZIJIN MINING-H Hong Kong 6725299 1.81 67,468,935 122,026,965.72
    4.64 GLEN LN GLENCORE PLC United Kingdom B4T3BW6 4.43 27,448,650 121,474,612.94
    4.60 LUN CN LUNDIN MINING CORP Canada 2866857 8.60 14,016,733 120,476,495.49
    4.60 SCCO SOUTHERN COPPER CORP United States 2823777 93.01 1,292,679 120,232,073.79
    4.53 CS CN CAPSTONE COPPER CORP Canada BMY5XY9 6.17 19,218,795 118,508,211.50
    4.46 FCX FREEPORT-MCMORAN INC United States 2352118 38.86 2,999,980 116,579,222.80
    4.45 TECK/B CN TECK RESOURCES LTD-CLS B Canada 2879327 40.95 2,846,057 116,548,000.06
    4.45 HBM CN HUDBAY MINERALS INC Canada B05BDX1 8.24 14,123,635 116,382,251.73
    4.16 5713 JP SUMITOMO MET MIN Japan 6858849 22.08 4,928,209 108,791,528.30
    4.04 KGH PW KGHM POLSKA MIEDZ SA Poland 5263251 28.39 3,720,339 105,607,458.39
    3.59 SFR AU SANDFIRE RESOURCES LTD Australia 6739739 5.77 16,308,954 94,044,660.52
    3.36 NDA GR AURUBIS AG Germany 5485527 81.00 1,083,655 87,780,472.19
    2.47 5711 JP MITSUBISHI MATERIALS CORP Japan 6597089 14.61 4,417,312 64,533,792.65
    2.46 FIL CN FILO CORP Canada BMDHMH2 22.06 2,916,999 64,334,967.68
    2.33 358 HK JIANGXI COPPER CO LTD-H Hong Kong 6000305 1.57 38,737,701 60,993,267.16
    1.72 ERO CN ERO COPPER CORP Canada BF02Z72 13.25 3,393,462 44,967,475.02
    1.70 1208 HK MMG LTD Hong Kong 6728793 0.32 140,910,360 44,409,475.67
    1.56 2099 HK CHINA GOLD INTER Hong Kong B60FNV8 4.77 8,542,000 40,766,188.99
    1.44 NGEX CN NGEX MINERALS LTD Canada BKDKBL4 9.20 4,082,201 37,559,033.46
    1.25 AMAK AB AL MASANE AL KOB United States BNNVLT6 17.70 1,843,067 32,628,470.59
    1.13 1258 HK CHINA NONFERROUS Hong Kong B890GY2 0.64 46,130,800 29,670,688.72
    1.10 FOM CN FORAN MINING CORPORATION Canada 2355731 2.73 10,583,841 28,874,730.64
    0.92 ALS CN ALTIUS MINERALS Canada 2122355 18.08 1,334,717 24,133,310.83
    0.78 TGB TASEKO MINES LTD United States 2592066 1.98 10,252,455 20,299,860.90
    0.72 MTAL MAC COPPER LTD United States BQBC846 10.80 1,745,662 18,853,149.60
    0.57 WA1 AU WA1 RESOURCES LTD Australia BN10LP1 8.50 1,756,474 14,924,059.38
    0.55 ATYM LN ATALAYA MINING PLC United Kingdom BYZTVM8 4.18 3,428,225 14,337,651.90
    0.47 CAML LN CENTRAL ASIA METALS PLC United Kingdom B67KBV2 1.95 6,367,651 12,393,211.05
    0.44 3939 HK WANGUO GOLD GROUP LTD Hong Kong B7SHKP6 1.36 8,390,290 11,440,617.72
    0.43 2362 HK JINCHUAN GROUP Hong Kong 6373988 0.07 173,283,900 11,368,286.94
    0.38 SLS CN SOLARIS RESOURCES INC Canada BMQ5701 3.14 3,167,115 9,940,974.11
    0.34 1515 JP NITTETSU MINING CO LTD Japan 6641027 27.22 323,327 8,800,543.22
    0.33 DVP AU DEVELOP GLOBAL LTD Australia BNVQGB0 1.32 6,480,917 8,583,781.51
    0.20 AUSTRALIAN DOLLAR United States 0.62 8,291,678 5,180,226.67
    0.16 SOLG LN SOLGOLD PLC United Kingdom B0WD0R3 0.09 50,713,907 4,311,909.53
    0.10 29M AU 29METALS LTD Australia BNNVRL0 0.15 17,456,146 2,617,374.95
    0.07 CASH United States 1.00 1,798,195 1,798,194.98
    0.01 SAUDI RIYAL United States 0.27 1,213,337 323,009.44
    0.01 OTHER PAYABLE & RECEIVABLES United States 1.00 260,518 260,517.63
    0.00 BRITISH STERLING POUND United States 1.25 17,964 22,527.56
    0.00 MEXICAN PESO United States 0.05 134,309 6,680.87
    0.00 SARKY TI SARKUYSAN Turkey B03MXB4 0.51 1 0.46
    0.00 HONG KONG DOLLAR United States 0.13 -1,698 -218.42
    0.00 CANADIAN DOLLAR United States 0.70 -6,056 -4,214.84
    -0.00 JAPANESE YEN United States 0.01 -18,239,782 -116,540.68
    Holdings are subject to change. "Cash" denotes U.S. dollars.

    Sector Breakdown As of 11/30/24

    Sector Weight (%)
    Materials 96.2
    Industrials 3.0
    Financials 0.8

    Source: AltaVista Research, LLC

    Country Breakdown As of 11/30/24

    Country Weight (%)
    Canada 39.2
    United States 10.0
    Australia 9.6
    China 8.3
    Japan 7.1
    Britain 5.3
    Sweden 4.9
    Switzerland 4.6
    Poland 4.1
    Germany 3.0
    Hong Kong 2.1
    Other/Cash 1.8

    Source: AltaVista Research, LLC

    ETF Characteristics As of 12/20/24

    Return on Equity 9.60%
    Weighted Avg. Market Cap 23,355 M
    2023 2024
    Price-to-earnings 16.28 12.65
    Price-to-book value 1.26 1.17

    Source: AltaVista Research, LLC

    ETF Risk Stats As of 11/30/24

    Versus Beta
    S&P 500 0.95
    MSCI EAFE 1.37
    MSCI Emg. Mkts 1.41
    Standard Deviation 32.10%

    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.

    Back to Top