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
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
Key Information |
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
NAV | $38.30 | Daily Change | $0.08 | 0.21% |
Market Price | $38.07 | Daily Change | $0.26 | 0.69% |
Sector | Weight (%) | |
---|---|---|
Materials | 95.5 | |
Industrials | 3.9 | |
Financials | 0.6 |
VERSUS | BETA |
---|---|
S&P 500 | 0.99 |
NASDAQ-100 | 0.65 |
MSCI EAFE | 1.42 |
MSCI Emg. Mkts | 1.49 |
Standard Deviation | 30.60% |
Source: AltaVista Research, LLC
Return on Equity | 7.50% | |
Weighted Avg. Market Cap | 19,254 M | |
2024 | 2025 | |
Price-to-earnings | 17.79 | 15.48 |
Price-to-book value | 1.19 | 1.14 |
Source: AltaVista Research, LLC
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
5.03 | FM CN | FIRST QUANTUM | 2347608 | 13.48 | 7,663,575 | 103,281,189.25 |
4.93 | 5713 JP | SUMITOMO MET MIN | 6858849 | 21.54 | 4,699,861 | 101,226,283.22 |
4.91 | FCX | FREEPORT-MCMORAN INC | 2352118 | 36.41 | 2,768,827 | 100,812,991.07 |
4.87 | IVN CN | IVANHOE MINES LTD-CL A | BD73C40 | 9.72 | 10,290,550 | 100,016,546.23 |
4.85 | ANTO LN | ANTOFAGASTA PLC | 0045614 | 22.26 | 4,478,634 | 99,716,421.56 |
4.85 | LUN CN | LUNDIN MINING CORP | 2866857 | 8.35 | 11,929,932 | 99,656,764.76 |
4.73 | BOL SS | BOLIDEN AB | BPYTZ57 | 30.33 | 3,203,169 | 97,153,720.73 |
4.71 | BHP AU | BHP GROUP LTD | 6144690 | 24.15 | 4,007,682 | 96,796,002.06 |
4.68 | KGH PW | KGHM POLSKA MIEDZ SA | 5263251 | 31.51 | 3,050,069 | 96,118,660.10 |
4.64 | SCCO | SOUTHERN COPPER CORP | 2823777 | 88.27 | 1,080,905 | 95,407,344.30 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
Fund NAV | Market Price | Index | |
---|---|---|---|
1 Year | -5.64% | -6.31% | -5.28% |
3 Years | -2.79% | -2.56% | -2.27% |
5 Years | 29.36% | 29.63% | 30.10% |
10 Years | 8.59% | 8.65% | 9.24% |
Since Inception | 1.42% | 1.44% | 1.90% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.