Global X - Copper Miners ETF
$84.40−0.95 (−1.11%)
- 0.65%
- $7.3B
- +44.9%
- 2.26%
- 3M sh
- $85.30
- low $56.93high $99.99
The ETF.net COPX Grade
C
Score 46 out of 100
- 11 of 21
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D35 out of 100Rank 13 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D27 out of 100Rank 19 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B66 out of 100Rank 6 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 7 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A92 out of 100Rank 1 of 21
Our read on COPX
COwning the diggers instead of the metal: about 40 copper-focused miners worldwide in one index fund, trading since 2010 and now a multi-billion-dollar mainstay of a very small niche.
The fund seeks to track, before fees and expenses, the performance of the Solactive Global Copper Miners Total Return Index.
Why people hold it
- Equities, not futures. It tracks a Solactive index of roughly 40 global copper miners inside a standard 1940 Act fund, so no contract rolls and no K-1 at tax time.
- 0.65% a year, a shade under the median fee among copper mining ETFs, and it is one of the more actively traded names in the group.
- The veteran of the category. Listed in 2010, it has years of live trading and multi-billion-dollar scale behind it while rivals are still filling out their order books.
- Clean mandate: one index, one theme, global reach. What it holds is what it says on the tin, and it has tracked that benchmark closely.
Worth knowing
- iShares' ICOP charges 0.47% versus 0.65% here. COPX's edge is trading depth and history, not the sticker price.
- Miners amplify the copper price in both directions, and with about 40 names tied to one metal, the ride is far bumpier than broad materials exposure.
- Distributions land once or twice a year, so this is a commodity-equity sleeve rather than an income holding.
COPX Holdings
- Stocks
- 43
- 50%
- TECK-B.TO
Sectors
- Materials97.4%
- Industrials2.5%
- Consumer Staples0.1%
Geography
- Canada38.13%
- Australia12.22%
- United States11.37%
- China8.80%
- Japan6.85%
- Switzerland5.15%
- United Kingdom4.77%
- Poland4.72%
- 7.98%
Developed 84% · Emerging 16%
COPX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
COPX$14,492
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | COPX |
|---|---|
| Year to date | +19.3% |
| 1 month | −3.6% |
| 3 months | +11.5% |
| 1 year | +44.9% |
| 3 years | +37.5% |
| 5 years | +21.3% |
| 10 years | +20.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | COPX |
|---|---|---|
| 2026 YTD | +19.3% | |
| 2025 | +93.4% | |
| 2024 | +3.6% | |
| 2023 | +8.4% | |
| 2022 | −0.7% | |
| 2021 | +23.4% | |
| 2020 | +51.6% |
COPX in the news
COPX Dividends
- 2.26%
- $1.93
- $0.26 per share
- Twice a year
Distribution history
COPX Risk
- 33.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.94
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −42.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.41
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
COPX Cost
0.65%
COPX0.65%
- The middle half of Global Thematic funds
- Median 0.58%
12 of the 21 Global Thematic funds charge less.
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