COPX


Copper Miners ETF

Reasons to Consider COPX

Targeted Exposure

COPX is a targeted play on copper mining.

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 01/19/22

Inception Date 04/19/10
Total Expense Ratio 0.65%
Net Assets $1.82 billion
NAV $40.55
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 01/19/22

Ticker COPX
Bloomberg Index Ticker SOLGLOCO
CUSIP 37954Y830
ISIN US37954Y8306
Primary Exchange NYSE Arca
Shares Outstanding 44,989,374
Number of Holdings 39
30-Day Median Bid-Ask Spread 0.14%

Distributions As of 01/19/22

30-Day SEC Yield 2.10%
Distribution Frequency Semi-Annually

ETF Prices As of 01/19/22

NAV $40.55 Daily Change $0.47 1.18%
Market Price $40.79 Daily Change $0.74 1.85%

Performance History

As of recent month & quarter-end (12/31/21)
As of recent month & quarter-end (12/31/21)
Fund NAV Market Price Index
1 Year 24.01% 23.39% 24.56%
3 Years 27.87% 28.03% 28.60%
5 Years 14.67% 14.89% 15.35%
10 Years 1.21% 1.24% 1.65%
Since Inception 0.71% 0.70% 1.16%
1 Year 24.01% 23.39% 24.56%
3 Years 27.87% 28.03% 28.60%
5 Years 14.67% 14.89% 15.35%
10 Years 1.21% 1.24% 1.65%
Since Inception 0.71% 0.70% 1.16%
Year-to-Date 24.01% 23.39% 24.56%
1 Month 5.36% 5.04% 5.42%
3 Months 8.89% 9.06% 8.95%
Since Inception 8.63% 8.56% 14.46%
Year-to-Date 24.01% 23.39% 24.56%
1 Month 5.36% 5.04% 5.42%
3 Months 8.89% 9.06% 8.95%
Since Inception 8.63% 8.56% 14.46%

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 01/19/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.56 TECK/B CN TECK RESOURCES LTD-CLS B 2879327 34.53 2,936,146 101,375,044.87
5.49 FM CN FIRST QUANTUM 2347608 28.21 3,551,866 100,184,474.47
5.49 BHP AU BHP GROUP LTD 6144690 33.62 2,979,103 100,160,331.93
5.39 BOL SS BOLIDEN AB BMWPW33 43.66 2,253,235 98,372,080.18
5.38 FCX FREEPORT-MCMORAN INC 2352118 44.08 2,224,653 98,062,704.24
5.24 5713 JP SUMITOMO MET MIN 6858849 43.33 2,207,783 95,656,436.79
5.17 IVN CN IVANHOE MINES LTD-CL A BD73C40 9.52 9,915,511 94,361,754.70
5.15 OZL AU OZ MINERALS LTD 6397825 20.29 4,625,898 93,864,125.21
5.00 GLEN LN GLENCORE PLC B4T3BW6 5.71 15,980,903 91,281,485.66
4.87 SCCO SOUTHERN COPPER CORP 2823777 68.40 1,297,795 88,769,178.00
4.79 GMEXICOB MM GRUPO MEXICO-B 2643674 4.66 18,750,877 87,340,569.57
4.68 LUN CN LUNDIN MINING CORP 2866857 8.66 9,848,661 85,305,221.93
4.58 ANTO LN ANTOFAGASTA PLC 0045614 20.20 4,139,120 83,630,836.96
4.30 2899 HK ZIJIN MINING-H 6725299 1.30 60,522,460 78,457,845.89
4.14 KGH PW KGHM POLSKA MIEDZ SA 5263251 37.62 2,007,467 75,519,392.11
3.76 NDA GR AURUBIS AG 5485527 115.15 596,144 68,646,679.90
2.07 CS CN CAPSTONE MINING CORP 2759162 5.27 7,177,395 37,793,873.79
2.07 5711 JP MITSUBISHI MATERIALS CORP 6597089 17.64 2,138,391 37,722,010.21
2.05 HBM CN HUDBAY MINERALS INC B05BDX1 8.05 4,650,461 37,456,369.86
2.02 SFR AU SANDFIRE RESOURCES LTD 6739739 5.19 7,101,595 36,870,757.16
1.86 358 HK JIANGXI COPPER CO LTD-H 6000305 1.75 19,325,101 33,882,145.72
1.64 TRQ TURQUOISE HILL R BMQBP61 16.92 1,764,574 29,856,592.08
1.63 2362 HK JINCHUAN GROUP 6373988 0.17 171,711,100 29,752,987.04
0.98 ERO CN ERO COPPER CORP BF02Z72 13.85 1,284,348 17,784,858.84
0.95 1208 HK MMG LTD 6728793 0.35 49,804,000 17,259,428.97
0.63 2099 HK CHINA GOLD INTER B60FNV8 2.70 4,282,700 11,570,927.91
0.56 TGB TASEKO MINES LTD 2592066 2.11 4,863,159 10,261,265.49
0.55 ALS CN ALTIUS MINERALS 2122355 14.65 688,621 10,091,337.71
0.54 CAML LN CENTRAL ASIA METALS PLC B67KBV2 3.23 3,050,170 9,852,265.68
0.52 SLS CN SOLARIS RESOURCES INC BMQ5701 12.39 768,692 9,520,356.37
0.50 CMMC CN COPPER MOUNTAIN B1Z9T89 3.16 2,865,270 9,043,401.12
0.45 1258 HK CHINA NONFERROUS B890GY2 0.41 20,153,100 8,277,330.05
0.44 SOLG LN SOLGOLD PLC B0WD0R3 0.36 22,070,097 8,001,098.23
0.42 ATYM LN ATALAYA MINING PLC BYZTVM8 5.64 1,346,555 7,597,805.32
0.34 SARKY TI SARKUYSAN B03MXB4 1.42 4,416,039 6,285,005.49
0.30 1515 JP NITTETSU MINING CO LTD 6641027 55.62 96,908 5,390,369.77
0.20 AIS AU AERIS RESOURCES LTD BZ8W0K2 0.12 31,712,601 3,663,946.39
0.16 NAK NORTHERN DYNASTY MINERALS B014QY6 0.34 8,424,310 2,875,217.00
0.13 SMTS SIERRA METALS INC B83PJL1 1.31 1,788,046 2,342,340.26
0.02 CASH 0.32 1,152,416 373,215.99
Holdings are subject to change.

Sector Breakdown As of 12/31/21

Sector Weight (%)
Materials 99.6
Industrials 0.4

Source: AltaVista Research, LLC

Country Breakdown As of 12/31/21

Country Weight (%)
Canada 29.9
Australia 13.4
United States 10.4
Japan 7.6
China 6.7
Britain 5.7
Sweden 5.3
Mexico 4.9
Switzerland 4.9
Poland 4.2
Germany 3.6
Other/Cash 3.4

Source: AltaVista Research, LLC

ETF Characteristics As of 01/19/22

Return on Equity 16.60%
Weighted Avg. Market Cap 26,049 M
2020 2021
Price-to-earnings 28.15 10.16
Price-to-book value 1.79 1.60

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/19/22

Versus Beta
S&P 500 1.83
MSCI EAFE 1.87
MSCI Emg. Mkts 1.67
Standard Deviation 39.80%

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.