Global X - Copper Miners ETF
$86.88−3.10 (−3.45%)
- Expense ratio
- 0.65%
- Fund size
- $7.6B
- 1Y return
- +70.5%
- Yield · Last 12 months
- 2.15%
- Holdings
- 40
- Volume · 30D
- 3.3M sh
- NAV per share
- $89.12
- 52W range
The ETF.net COPX Grade
Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 35Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 65Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 62Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 92Category rank
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
- 40
- 49%
- HBM.TO
Sectors
- Materials97.4%
- Industrials2.6%
Geography
- Canada38.40%
- Australia11.97%
- United States10.90%
- China9.05%
- Japan6.68%
- Switzerland5.23%
- Poland4.77%
- United Kingdom4.61%
- 8.40%
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$17,045
Returns run to the Sep 22, 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 | +25.8% |
| 1 month | −4.9% |
| 3 months | +6.4% |
| 1 year | +70.5% |
| 3 years | +37.9% |
| 5 years | +24.1% |
| 10 years | +20.6% |
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 | +25.8% | |
| 2025 | +93.4% | |
| 2024 | +3.6% | |
| 2023 | +8.4% | |
| 2022 | −0.7% | |
| 2021 | +23.4% | |
| 2020 | +51.6% |
COPX in the news
COPX Dividends
- 2.15%
- $1.93
- $0.26 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jul 7, 2026 | $0.26 |
| Dec 30, 2025 | Jan 7, 2026 | $1.67 |
| Jun 27, 2025 | Jul 7, 2025 | $0.25 |
| Dec 30, 2024 | Jan 7, 2025 | $0.53 |
| Jun 27, 2024 | Jul 5, 2024 | $0.16 |
| Dec 28, 2023 | Jan 8, 2024 | $0.39 |
| Jun 29, 2023 | Jul 10, 2023 | $0.50 |
| Dec 29, 2022 | Jan 9, 2023 | $0.40 |
| Jun 29, 2022 | Jul 8, 2022 | $0.72 |
| Dec 30, 2021 | Jan 7, 2022 | $0.39 |
| Jun 29, 2021 | Jul 8, 2021 | $0.16 |
| Dec 30, 2020 | Jan 8, 2021 | $0.32 |
COPX Risk
- 33.0%
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.
- 1.00
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.