COPX


Copper Miners ETF

Reasons to Consider COPX

Targeted Exposure

COPX is a targeted play on copper mining.

Long-Term Potential

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.

Key Information As of 06/23/22

Inception Date 04/19/10
Total Expense Ratio 0.65%
Net Assets $1.39 billion
NAV $31.38
Fact Sheet

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 06/23/22

Ticker COPX
Bloomberg Index Ticker SOLGLOCO
CUSIP 37954Y830
ISIN US37954Y8306
Primary Exchange NYSE Arca
Shares Outstanding 44,349,374
Number of Holdings 41
30-Day Median Bid-Ask Spread 0.10%

Distributions As of 06/23/22

30-Day SEC Yield 2.40%
Distribution Frequency Semi-Annually

ETF Prices As of 06/23/22

NAV $31.38 Daily Change -$1.78 -5.38%
Market Price $30.92 Daily Change -$1.99 -6.05%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year 31.28% 29.89% 31.94%
3 Years 29.67% 29.53% 30.41%
5 Years 17.24% 17.17% 17.93%
10 Years 2.75% 2.74% 3.22%
Since Inception 2.51% 2.47% 2.97%
1 Year -1.82% -2.69% -1.51%
3 Years 31.06% 30.86% 31.84%
5 Years 16.26% 16.30% 16.85%
10 Years 3.68% 3.64% 4.17%
Since Inception 1.29% 1.25% 1.74%
Year-to-Date 23.79% 23.30% 23.96%
1 Month 7.78% 6.83% 7.80%
3 Months 23.79% 23.30% 23.96%
Since Inception 34.47% 33.85% 41.89%
Year-to-Date 7.50% 7.13% 7.66%
1 Month -1.76% -1.25% -1.73%
3 Months -6.41% -7.18% -6.38%
Since Inception 16.77% 16.30% 23.23%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 06/23/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.56 GLEN LN GLENCORE PLC B4T3BW6 5.43 14,079,620 76,518,922.58
5.31 GMEXICOB MM GRUPO MEXICO-B 2643674 4.07 17,952,737 73,091,301.02
5.06 BHP AU BHP GROUP LTD 6144690 28.01 2,486,737 69,647,827.85
5.06 TECK/B CN TECK RESOURCES LTD-CLS B 2879327 31.03 2,241,358 69,551,338.15
4.84 2899 HK ZIJIN MINING-H 6725299 1.22 54,678,860 66,526,497.82
4.79 OZL AU OZ MINERALS LTD 6397825 13.55 4,858,526 65,854,172.87
4.78 SCCO SOUTHERN COPPER CORP 2823777 49.54 1,328,545 65,816,119.30
4.60 ANTO LN ANTOFAGASTA PLC 0045614 14.38 4,406,004 63,351,584.34
4.52 KGH PW KGHM POLSKA MIEDZ SA 5263251 25.57 2,432,502 62,190,479.92
4.44 5713 JP SUMITOMO MET MIN 6858849 31.79 1,922,585 61,109,792.81
4.32 BOL SS BOLIDEN AB BL54C29 32.48 1,831,926 59,505,006.78
4.22 FCX FREEPORT-MCMORAN INC 2352118 29.57 1,965,363 58,115,783.91
4.17 LUN CN LUNDIN MINING CORP 2866857 6.39 8,974,783 57,318,988.96
4.06 IVN CN IVANHOE MINES LTD-CL A BD73C40 5.54 10,098,331 55,926,581.50
3.87 FM CN FIRST QUANTUM 2347608 17.90 2,974,142 53,245,274.26
3.74 TRQ TURQUOISE HILL R BMQBP61 26.22 1,964,268 51,503,106.96
3.09 NDA GR AURUBIS AG 5485527 71.40 596,154 42,568,082.00
2.46 5711 JP MITSUBISHI MATERIALS CORP 6597089 14.20 2,387,822 33,899,915.95
2.11 358 HK JIANGXI COPPER CO LTD-H 6000305 1.37 21,300,701 29,091,125.23
1.78 SFR AU SANDFIRE RESOURCES LTD 6739739 3.11 7,848,245 24,423,492.25
1.70 CS CN CAPSTONE COPPER CORP BMY5XY9 2.72 8,603,258 23,358,762.90
1.63 FIL CN FILO MINING CORP BD3VM71 14.14 1,590,024 22,480,728.08
1.57 2362 HK JINCHUAN GROUP 6373988 0.11 188,874,800 21,656,504.76
1.56 1208 HK MMG LTD 6728793 0.39 54,824,700 21,443,046.02
1.51 HBM CN HUDBAY MINERALS INC B05BDX1 4.04 5,130,748 20,737,490.47
1.00 2099 HK CHINA GOLD INTER B60FNV8 2.94 4,661,400 13,688,603.37
0.95 ERO CN ERO COPPER CORP BF02Z72 8.73 1,497,963 13,079,518.04
0.93 29M AU 29METALS LTD BNNVRL0 1.35 9,435,526 12,756,618.69
0.83 1258 HK CHINA NONFERROUS B890GY2 0.51 22,285,900 11,442,134.85
0.76 ALS CN ALTIUS MINERALS 2122355 13.81 754,003 10,410,469.90
0.70 WDS AU WOODSIDE ENERGY GROUP LTD BMGT167 21.53 447,399 9,634,656.09
0.66 CAML LN CENTRAL ASIA METALS PLC B67KBV2 2.72 3,354,303 9,118,981.23
0.57 SOLG LN SOLGOLD PLC B0WD0R3 0.35 22,222,933 7,828,049.70
0.46 ATYM LN ATALAYA MINING PLC BYZTVM8 4.30 1,479,823 6,356,940.08
0.44 TGB TASEKO MINES LTD 2592066 1.10 5,546,563 6,101,219.30
0.40 SLS CN SOLARIS RESOURCES INC BMQ5701 6.39 853,721 5,452,435.40
0.34 SARKY TI SARKUYSAN B03MXB4 0.80 5,921,156 4,732,137.99
0.31 CMMC CN COPPER MOUNTAIN B1Z9T89 1.33 3,161,761 4,219,095.63
0.29 1515 JP NITTETSU MINING CO LTD 6641027 37.85 105,163 3,980,810.40
0.27 CASH 0.84 4,445,996 3,728,022.88
0.19 NAK NORTHERN DYNASTY MINERALS B014QY6 0.26 10,041,954 2,618,941.60
0.14 AIS AU AERIS RESOURCES LTD BZ8W0K2 0.05 39,662,382 1,919,992.49
Holdings are subject to change.

Sector Breakdown As of 05/31/22

Sector Weight (%)
Materials 99.2
Industrials 0.9

Source: AltaVista Research, LLC

Country Breakdown As of 05/31/22

Country Weight (%)
Canada 32.0
Australia 12.9
United States 9.2
Japan 7.0
China 7.0
Britain 5.9
Switzerland 5.3
Mexico 5.1
Poland 4.8
Sweden 4.4
Germany 3.2
Other/Cash 3.2

Source: AltaVista Research, LLC

ETF Characteristics As of 06/23/22

Return on Equity 18.40%
Weighted Avg. Market Cap 25,827 M
2021 2022
Price-to-earnings 7.59 6.43
Price-to-book value 1.26 1.11

Source: AltaVista Research, LLC

ETF Risk Stats As of 06/23/22

Versus Beta
S&P 500 1.62
MSCI EAFE 1.76
MSCI Emg. Mkts 1.62
Standard Deviation 39.60%

Source: AltaVista Research, LLC

ETF Research

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Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility. There are additional risks associated with investing in copper and the copper mining industry. COPX is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are  affiliated with Solactive AG.

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