COPX vs FITE

COPXCGlobal X Copper Miners ETF

FITEAState Street SPDR S&P Kensho Future Security ETF

In short

COPX Owning 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.

FITE Most "security" funds mean cybersecurity. FITE reads the word wider: cyber plus border security, robotics, drones, space, wearables and AR/VR, bundled into one global index basket since 2017.

Stated mandate

COPX The fund seeks to track, before fees and expenses, the performance of the Solactive Global Copper Miners Total Return Index.

FITE The fund seeks to track the S&P Kensho Future Security Index, targeting companies whose products and services support future security through areas such as cybersecurity, border security, robotics, drones, space, wearables, and virtual or augmented reality.

Why people hold it

• COPX 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.

• FITE One theme, many fronts: cybersecurity, border security, robotics, drones, space, wearables and virtual/augmented reality all sit inside the same index.ssga.com
• A 0.45% fee undercuts the typical global thematic fund, and it comes from State Street's SPDR lineup rather than a one-fund boutique.
• Live since 2017, so it has traded through a full cycle of thematic hype and hangover instead of arriving on a back-test.
• Roughly 80 names spread across sectors and countries, so no single defense contractor or chipmaker steers the whole portfolio.ssga.com

Worth knowing

• COPX 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.

• FITE Thinly traded next to broad index funds, which can mean wider bid-ask spreads at the moment you transact.
• Small by SPDR standards. Niche thematic funds lean on sustained investor interest to hold their scale.
• "Security" is drawn by index rules, so wearables and AR headset makers land beside the cyber and border names.

Full COPX profile⁠

Full FITE profile⁠