COPX

Copper Miners ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

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 07/01/22

Inception Date	04/19/10
Total Expense Ratio	0.65%
Net Assets	$1.31 billion
NAV	$29.91
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 07/01/22

Ticker	COPX
Bloomberg Index Ticker	SOLGLOCO
CUSIP	37954Y830
ISIN	US37954Y8306
Primary Exchange	NYSE Arca
Shares Outstanding	43,679,374
Number of Holdings	41
30-Day Median Bid-Ask Spread	0.10%

Distributions As of 07/01/22

30-Day SEC Yield	2.93%
Distribution Frequency	Semi-Annually

ETF Prices As of 07/01/22

NAV	$29.91	Daily Change	-$0.58	-1.91%
Market Price	$29.79	Daily Change	-$0.59	-1.94%

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.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
5.39	GMEXICOB MM	GRUPO MEXICO-B	2643674	4.02	17,414,460	70,091,430.44
5.37	GLEN LN	GLENCORE PLC	B4T3BW6	5.12	13,643,016	69,832,521.42
5.08	TECK/B CN	TECK RESOURCES LTD-CLS B	2879327	30.46	2,171,806	66,149,958.72
5.02	BHP AU	BHP GROUP LTD	6144690	27.12	2,408,752	65,324,907.98
4.99	2899 HK	ZIJIN MINING-H	6725299	1.22	52,964,760	64,865,690.51
4.96	SCCO	SOUTHERN COPPER CORP	2823777	50.11	1,287,826	64,532,960.86
4.58	KGH PW	KGHM POLSKA MIEDZ SA	5263251	25.25	2,358,557	59,548,591.00
4.44	ANTO LN	ANTOFAGASTA PLC	0045614	13.46	4,285,827	57,705,204.16
4.39	5713 JP	SUMITOMO MET MIN	6858849	30.61	1,863,917	57,056,290.66
4.33	IVN CN	IVANHOE MINES LTD-CL A	BD73C40	5.73	9,820,619	56,313,241.86
4.28	FCX	FREEPORT-MCMORAN INC	2352118	29.20	1,905,311	55,635,081.20
4.24	OZL AU	OZ MINERALS LTD	6397825	11.70	4,710,421	55,117,265.19
4.22	LUN CN	LUNDIN MINING CORP	2866857	6.31	8,700,497	54,939,876.59
4.19	FM CN	FIRST QUANTUM	2347608	18.90	2,883,325	54,486,977.37
4.14	BOL SS	BOLIDEN AB	BL54C29	30.30	1,775,959	53,810,439.79
3.86	TRQ	TURQUOISE HILL R	BMQBP61	26.37	1,902,806	50,176,994.22
2.95	NDA GR	AURUBIS AG	5485527	65.90	581,994	38,355,286.68
2.52	5711 JP	MITSUBISHI MATERIALS CORP	6597089	14.24	2,306,215	32,839,859.82
2.18	358 HK	JIANGXI COPPER CO LTD-H	6000305	1.37	20,759,001	28,412,888.07
1.86	2362 HK	JINCHUAN GROUP	6373988	0.13	184,064,000	24,160,767.70
1.73	SFR AU	SANDFIRE RESOURCES LTD	6739739	2.98	7,570,647	22,556,404.34
1.63	FIL CN	FILO MINING CORP	BD3VM71	13.77	1,535,382	21,149,003.37
1.60	CS CN	CAPSTONE COPPER CORP	BMY5XY9	2.51	8,296,999	20,866,896.30
1.56	HBM CN	HUDBAY MINERALS INC	B05BDX1	4.06	5,004,012	20,329,706.33
1.53	1208 HK	MMG LTD	6728793	0.37	53,429,100	19,882,242.17
1.02	2099 HK	CHINA GOLD INTER	B60FNV8	2.87	4,622,900	13,285,126.52
0.94	ERO CN	ERO COPPER CORP	BF02Z72	8.41	1,459,532	12,277,123.50
0.82	29M AU	29METALS LTD	BNNVRL0	1.14	9,360,211	10,648,271.56
0.81	ALS CN	ALTIUS MINERALS	2122355	14.04	747,967	10,499,610.28
0.78	1258 HK	CHINA NONFERROUS	B890GY2	0.46	22,107,500	10,198,888.73
0.68	WDS AU	WOODSIDE ENERGY GROUP LTD	BMGT167	20.62	431,356	8,894,207.10
0.66	CAML LN	CENTRAL ASIA METALS PLC	B67KBV2	2.59	3,327,431	8,628,670.34
0.58	SOLG LN	SOLGOLD PLC	B0WD0R3	0.34	22,045,292	7,516,493.10
0.43	ATYM LN	ATALAYA MINING PLC	BYZTVM8	3.84	1,467,892	5,639,299.36
0.43	TGB	TASEKO MINES LTD	2592066	1.03	5,450,356	5,613,866.68
0.38	SLS CN	SOLARIS RESOURCES INC	BMQ5701	5.77	846,846	4,888,737.60
0.36	SARKY TI	SARKUYSAN	B03MXB4	0.79	5,872,275	4,633,560.48
0.32	CMMC CN	COPPER MOUNTAIN	B1Z9T89	1.32	3,136,237	4,125,829.29
0.30	1515 JP	NITTETSU MINING CO LTD	6641027	37.89	104,306	3,952,534.66
0.20	NAK	NORTHERN DYNASTY MINERALS	B014QY6	0.26	9,965,240	2,632,816.41
0.15		CASH		0.72	2,634,437	1,905,166.54
0.14	AIS AU	AERIS RESOURCES LTD	BZ8W0K2	0.05	39,348,002	1,785,178.65

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 07/01/22

Return on Equity	18.40%
Weighted Avg. Market Cap	22,271 M
	2021	2022
Price-to-earnings	7.64	6.45
Price-to-book value	1.27	1.12

Source: AltaVista Research, LLC

ETF Risk Stats As of 07/01/22

Versus	Beta
S&P 500	1.69
MSCI EAFE	1.81
MSCI Emg. Mkts	1.68
Standard Deviation	41.40%

Source: AltaVista Research, LLC

ETF Research

Copper as an Inflation Hedge for Portfolios

What’s Driving Copper’s Rally?

Gold, Silver and Copper: Commodities to Consider

View More Related Research

ETF Documents

Latest Premium / Discount As of 07/01/22

NAV	$29.91
Market Price	$29.79
Premium / (Discount)	($0.12)

Current View 2022 Q3 As of 07/01/22

Days at Premium	0
Days at NAV	0
Days at Discount	1
Greatest Premium	0.00%
Greatest Discount	-0.42%

Daily Premium / Discount History As of 07/01/22

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

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.

COPX

Copper Miners ETF

Reasons to Consider COPX

Targeted Exposure

Long-Term Potential

ETF Efficiency

Key Information As of 07/01/22

ETF Summary

ETF Objective

Trading Details As of 07/01/22

Distributions As of 07/01/22

ETF Prices As of 07/01/22

Performance History

Top Holdings As of 07/01/22

Sector Breakdown As of 05/31/22

Country Breakdown As of 05/31/22

ETF Characteristics As of 07/01/22

ETF Risk Stats As of 07/01/22

ETF Research

Copper as an Inflation Hedge for Portfolios

What’s Driving Copper’s Rally?

Gold, Silver and Copper: Commodities to Consider

ETF Documents