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    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 09/06/24

    Inception Date 04/19/10
    Total Expense Ratio 0.65%
    Net Assets $2.06 billion
    NAV $39.09

    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 09/06/24

    Ticker COPX
    B3 Trading Code BCPX39
    Bloomberg Index Ticker SOLGLOCO
    CUSIP 37954Y830
    ISIN US37954Y8306
    Primary Exchange NYSE Arca
    Shares Outstanding 52,739,374
    Number of Holdings 49
    30-Day Median Bid-Ask Spread 0.05%

    Distributions As of 09/06/24

    30-Day SEC Yield 1.11%
    Distribution Frequency Semi-Annually
     Distribution History

    ETF Prices As of 09/06/24

    NAV $39.09 Daily Change -$0.74 -1.86%
    Market Price $38.58 Daily Change -$1.25 -3.14%

    Performance History

    Premium Discount Chart
    Cumulative Returns (as of 08/30/24)
    		1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
    Return COPX -0.21% 20.70% 14.71% 15.91% 50.44% 35.26% 04/19/10
    Returns (as of 09/05/24)
    		Return COPX Return Index
    Since Inception 24.45% 32.98%
    12 Months 10.64% 7.00%
    24 Months 46.49% 40.09%
    Last 60 Trading Days -13.66% -15.37%
    Last 75 Trading Days -21.44% -24.00%
    Monthly Returns (through 09/05/24)
    		Return COPX Return Index
    Sep 2024 -8.00% -7.48%
    Aug 2024 -0.21% -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%
    Oct 2022 1.35% 1.39%
    Sep 2022 -5.52% -5.66%

    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 09/06/24

    Full Holdings (.csv)
    Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
    5.54 KGH PW KGHM POLSKA MIEDZ SA Poland 5263251 34.21 3,364,329 115,084,772.74
    5.07 FM CN FIRST QUANTUM Canada 2347608 10.44 10,094,325 105,384,618.75
    5.04 TECK/B CN TECK RESOURCES LTD-CLS B Canada 2879327 43.60 2,399,200 104,604,375.48
    4.93 BOL SS BOLIDEN AB Sweden BPYTZ57 28.25 3,625,734 102,439,463.01
    4.88 BHP AU BHP GROUP LTD Australia 6144690 25.81 3,923,281 101,272,979.88
    4.64 IVN CN IVANHOE MINES LTD-CL A Canada BD73C40 11.68 8,253,646 96,412,976.66
    4.57 SCCO SOUTHERN COPPER CORP United States 2823777 94.10 1,007,989 94,851,726.21
    4.53 GLEN LN GLENCORE PLC United Kingdom B4T3BW6 4.84 19,452,285 94,116,929.92
    4.49 2899 HK ZIJIN MINING-H Hong Kong 6725299 1.84 50,636,135 93,168,435.32
    4.40 FCX FREEPORT-MCMORAN INC United States 2352118 40.00 2,285,617 91,424,680.00
    4.27 ANTO LN ANTOFAGASTA PLC United Kingdom 0045614 21.60 4,110,706 88,771,918.61
    4.18 LUN CN LUNDIN MINING CORP Canada 2866857 8.47 10,253,397 86,893,836.93
    4.17 5713 JP SUMITOMO MET MIN Japan 6858849 25.81 3,352,411 86,525,230.86
    4.08 CS CN CAPSTONE COPPER CORP Canada BMY5XY9 5.95 14,250,371 84,757,831.14
    3.67 SFR AU SANDFIRE RESOURCES LTD Australia 6739739 5.57 13,674,419 76,196,461.79
    3.52 HBM CN HUDBAY MINERALS INC Canada B05BDX1 6.81 10,732,330 73,110,999.74
    3.33 NDA GR AURUBIS AG Germany 5485527 74.73 925,490 69,161,656.51
    3.11 5711 JP MITSUBISHI MATERIALS CORP Japan 6597089 17.12 3,772,335 64,599,679.54
    2.60 FIL CN FILO CORP Canada BMDHMH2 22.76 2,377,168 54,096,401.34
    2.51 358 HK JIANGXI COPPER CO LTD-H Hong Kong 6000305 1.59 32,816,101 52,043,267.06
    2.47 ERO CN ERO COPPER CORP Canada BF02Z72 18.32 2,801,431 51,332,142.89
    1.54 1208 HK MMG LTD Hong Kong 6728793 0.27 119,521,260 31,898,304.49
    1.36 AMAK AB AL MASANE AL KOB United States BNNVLT6 18.17 1,560,980 28,360,284.51
    1.34 2099 HK CHINA GOLD INTER Hong Kong B60FNV8 3.84 7,242,000 27,783,618.72
    1.28 NGEX CN NGEX MINERALS LTD Canada BKDKBL4 7.06 3,748,273 26,475,665.80
    1.02 1258 HK CHINA NONFERROUS Hong Kong B890GY2 0.61 34,675,000 21,266,864.69
    0.97 ALS CN ALTIUS MINERALS Canada 2122355 17.29 1,165,634 20,152,821.01
    0.83 FOM CN FORAN MINING CORPORATION Canada 2355731 2.62 6,616,644 17,306,084.27
    0.79 TGB TASEKO MINES LTD United States 2592066 1.89 8,655,195 16,358,318.55
    0.71 WA1 AU WA1 RESOURCES LTD Australia BN10LP1 10.37 1,428,219 14,813,958.37
    0.66 MTAL METALS ACQUISITION LTD-A United States BQBC846 10.16 1,353,445 13,751,001.20
    0.65 ATYM LN ATALAYA MINING PLC United Kingdom BYZTVM8 4.65 2,904,934 13,496,095.25
    0.59 CAML LN CENTRAL ASIA METALS PLC United Kingdom B67KBV2 2.28 5,390,762 12,305,826.56
    0.45 2362 HK JINCHUAN GROUP Hong Kong 6373988 0.06 148,411,900 9,330,907.98
    0.39 1515 JP NITTETSU MINING CO LTD Japan 6641027 29.58 272,671 8,066,509.10
    0.36 3939 HK WANGUO INTERNATI Hong Kong B7SHKP6 1.06 6,989,090 7,389,362.06
    0.25 SOLG LN SOLGOLD PLC United Kingdom B0WD0R3 0.12 43,000,012 5,270,651.11
    0.23 DVP AU DEVELOP GLOBAL LTD Australia BNVQGB0 1.32 3,618,350 4,773,324.48
    0.20 SLS CN SOLARIS RESOURCES INC Canada BMQ5701 1.93 2,169,833 4,184,317.21
    0.14 OTHER PAYABLE & RECEIVABLES United States 1.00 2,974,812 2,974,811.51
    0.12 29M AU 29METALS LTD Australia BNNVRL0 0.22 11,370,073 2,518,981.76
    0.11 CASH United States 1.00 2,249,528 2,249,528.12
    0.00 SAUDI RIYAL United States 0.27 369,375 98,400.40
    0.00 BRITISH STERLING POUND United States 1.32 17,964 23,676.31
    0.00 MEXICAN PESO United States 0.05 134,309 6,711.58
    0.00 AUSTRALIAN DOLLAR United States 1.00 0 0.01
    0.00 HONG KONG DOLLAR United States 0.13 -1,698 -217.86
    0.00 CANADIAN DOLLAR United States 0.74 -6,056 -4,474.57
    -0.01 JAPANESE YEN United States 0.01 -18,239,782 -128,169.36
    Holdings are subject to change. "Cash" denotes U.S. dollars.

    Sector Breakdown As of 09/05/24

    Sector Weight (%)
    Materials 99.3
    Financials 0.7

    Source: AltaVista Research, LLC

    Country Breakdown As of 08/31/24

    Country Weight (%)
    Canada 38.9
    United States 9.5
    Australia 9.3
    China 8.4
    Japan 7.3
    Poland 5.3
    Britain 5.2
    Sweden 4.8
    Switzerland 4.5
    Germany 3.0
    Hong Kong 2.0
    Other/Cash 1.8

    Source: AltaVista Research, LLC

    ETF Characteristics As of 09/05/24

    Return on Equity 9.70%
    Weighted Avg. Market Cap 25,244 M
    2023 2024
    Price-to-earnings 16.35 12.34
    Price-to-book value 1.25 1.16

    Source: AltaVista Research, LLC

    ETF Risk Stats As of 08/31/24

    Versus Beta
    S&P 500 1.01
    MSCI EAFE 1.38
    MSCI Emg. Mkts 1.41
    Standard Deviation 32.20%

    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.

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