COPX

Global X Copper Miners ETF (COPX) is an exchange-traded fund that seeks to track the performance of an index composed of companies globally involved in copper mining and activities directly related to the copper production chain. The ETF is managed by Global X ETFs and trades under the ticker COPX on NYSE Arca.

Classified as a global sector equity ETF focused on copper mining, COPX aims to reflect, before fees and expenses, the performance of equities of companies engaged in the exploration, production, and development of copper.

The fund follows a passive management strategy, structuring its portfolio to replicate the composition and weighting methodology defined by its tracked index. COPX tracks the Solactive Global Copper Miners Total Return Index, which includes companies whose primary business activities are related to copper mining.

Constituents are selected based on operational relevance to copper, economic exposure to the metal, liquidity, and market capitalization. Weighting follows predefined index rules, and the index undergoes periodic reviews, including additions, removals, and rebalancing.

Diversification and sector exposure

COPX provides concentrated exposure to the copper mining segment within the global equity universe. Diversification occurs across companies and activities within the materials and natural resources sector, including:

• Copper mining.
• Industrial metals exploration.
• Base metals production and refining.
• Natural resources companies with meaningful copper exposure.
• Materials sector activities.

The portfolio structure reflects the organization of the global copper industry and its role within the industrial metals value chain.

Structure and costs

COPX shares trade on the secondary market on NYSE Arca throughout regular trading hours. Creation and redemption are conducted through authorized participants, helping maintain alignment between market price and net asset value.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. COPX may distribute dividends derived from the companies held in its portfolio, in accordance with its distribution policy.

History and evolution of the ETF

Global X Copper Miners ETF was launched in 2010 during a period of expansion in sector-focused exchange-traded funds.

Since inception, it has served as a vehicle for accessing the copper mining segment, maintaining a focused approach on companies directly involved in copper-related activities.

In recent years, the ETF has reflected developments associated with increased copper demand linked to energy transition trends, industrial stimulus measures in key economies, commodity market volatility, and broader global macroeconomic cycles.

Additional Information

Global X Copper Miners ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $7.46 B.

Over the past 12 months, Global X Copper Miners ETF recorded a return of 145.87%, with its price trading between $36.20 and $95.70 during the same period.

The ETF is traded under the ticker COPX.