Global X Copper Miners ETF (COPX)
| Assets | $2.50B |
| Expense Ratio | 0.65% |
| PE Ratio | 10.90 |
| Shares Out | 59.75M |
| Dividend (ttm) | $0.55 |
| Dividend Yield | 1.29% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Ratio | 14.07% |
| 1-Year Return | +24.94% |
| Volume | 1,196,461 |
| Open | 42.53 |
| Previous Close | 42.90 |
| Day's Range | 42.47 - 42.93 |
| 52-Week Low | 33.83 |
| 52-Week High | 52.90 |
| Beta | 1.39 |
| Holdings | 49 |
| Inception Date | Apr 19, 2010 |
About COPX
Fund Home PageThe Global X Copper Miners ETF (COPX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global copper mining companies. COPX was launched on Apr 19, 2010 and is issued by Global X.
Top 10 Holdings
47.87% of assets| Name | Symbol | Weight |
|---|---|---|
| First Quantum Minerals Ltd. | FM | 5.19% |
| Lundin Mining Corporation | LUN | 4.95% |
| Capstone Copper Corp. | CS | 4.83% |
| Boliden AB (publ) | BOL | 4.80% |
| Ivanhoe Mines Ltd. | IVN | 4.78% |
| Glencore plc | GLEN | 4.72% |
| Southern Copper Corporation | SCCO | 4.67% |
| Teck Resources Limited | TECK | 4.65% |
| BHP Group Limited | BHP | 4.64% |
| Freeport-McMoRan Inc. | FCX | 4.63% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.159 | Jul 5, 2024 |
| Dec 28, 2023 | $0.391 | Jan 8, 2024 |
| Jun 29, 2023 | $0.505 | Jul 10, 2023 |
| Dec 29, 2022 | $0.395 | Jan 9, 2023 |
| Jun 29, 2022 | $0.718 | Jul 8, 2022 |
| Dec 30, 2021 | $0.385 | Jan 7, 2022 |
News
COPX: Copper Mining ETF A Hold Amid Commodity Price Slide
A strong dollar and fear of anti-China tariffs from the incoming Trump administration have put downward pressure on the price of copper. Copper mining stocks have traded at a premium to diversified co...
COPX: A Good ETF In A Likely Overbought Copper Market
In recent days, copper prices rallied hard on the back of Bank of China stimulus news. The current case for copper is much stronger than that for many other industrial metals. In spite of the stimulus...
COPX: The Long-Term Case Is Real
The long-term case for copper demand remains strong due to tech breakthroughs and green initiatives. Global X Copper Miners ETF provides exposure to a diversified group of copper mining companies worl...
COPX: Gold To Copper Ratio Signals Greater Trouble Ahead For Miners
Copper prices surged earlier in the year, but have since reversed gains as China's copper inventories slipped from extreme highs. Rising copper mining costs may offset post-2020 gains in copper, depen...
COPX: High Risk, Poor Reward
Global X Copper Miners ETF has underperformed the copper price and the majority of mining companies. Increased electrification is driving copper demand, but China's real estate decline hinders overall...
COPX: Poised For Gains As Copper Demand Surges
Global X Copper Miners ETF (COPX) has delivered substantial returns for investors, rising 15.33% since my previous article last September. COPX is strategically positioned to benefit from the anticipa...
Final Trades: Nasdaq, Archer-Daniels-Midland & COPX
The Investment Committee shares their top stocks to watch for the second half.
COPX: Copper Squeeze Could Stretch Beyond 2030
The world is hurtling towards a copper deficit that could stretch for several years, potentially undermining zero carbon emission targets and threatening to inflate industrial costs. The current high ...
COPX: Copper Miners-Led Revenge Of The Old Economy
Current and projected copper supply will be insufficient to meet the anticipated demand based on energy transition scenarios. Supply disruptions, declining ore grades in legacy mines, and a decade of ...
Global X Copper Miners ETF: The Structural Bull Market Is About To Get A Cyclical Boost
Copper prices have been stuck between structural tailwinds and cyclical headwinds. The structural support is provided by the growing demand from the energy transition while production disappoints afte...
COPX: Doctor Copper Has A Message For The S&P 500 - Don't Underestimate Me
Copper is in high demand due to its role in the transition to green energy, with over 40% of the global supply used for power generation and transmission. Mining is the primary source of copper produc...
Copper's Golden Era: Why COPX Is Your Must-Have Investment For The Next Decade
Global X Copper Miners ETF has shown a slight downward movement, but copper prices are expected to recover. China's refined copper market is facing a significant deficit, indicating potential for incr...
COPX: Capitalizing On The Copper Rush
Copper is essential for the transition to cleaner energy solutions and the growth of electric vehicles and energy infrastructure. Demand for copper is expected to surge due to the increasing use of el...
COPX: Short-Term Pain, Long-Term Gain
Copper prices may remain volatile due to China's deteriorating economic outlook, posing downside risks to our bullish view in the near term. On balance, we see little reason to take profit on our bull...
COPX: The Copper Squeeze Is Only Getting Started
Valuations on copper miners remain modest despite the spectacular run-up since we initiated our bullish view back in October 2022. We think copper miners deserve a re-rating given increasing evidence ...
Under The Radar Strength In Commodity And Emerging Market Stocks (Technical Analysis)
Emerging markets and commodities are showing strength amid a weak USD, which has a historical negative correlation with these sectors. Risk-on currencies like the Australian Dollar and Canadian Dollar...
COPX: The Copper Shortage Is Unlikely To Persist In 2024
Copper prices rebounded in recent months due to significant construction stimulus in China and an end to lockdowns. In the long term, China will likely not sustain its property bubble, which drives ar...
Carmakers Are Chasing Miners
The mining sector has underinvested over the last few years due, in part, to COVID and an emphasis on capital discipline. The speed at which regulators and carmakers want to drive the transition to EV...
COPX: Undervalued, As Copper Stocks Sag Amid Global Growth Worries
Global GDP growth estimates were on the rise during January and February but refreshed growth jitters have dinged cyclical areas. I see value in the COPX copper equities fund based on valuation, despi...
Playing Copper's ‘Generational Shift'
The metal could see a renaissance as its importance has grown amid increased focus on decarbonization.
Q4-Q1 Rally Regains Its Mojo, Led By The Miners
In Q4 2022, we projected a broad rally to begin after the midterm elections and lasting well into Q1 2023. The rally would use the post-election pattern, fading inflation signals (and fading Fed hawk ...
COPX: Buy On Pending Potential Chinese Stimulus
COPX provides exposure to a basket of copper miners and related companies. Recent news that China is preparing to loosen property restrictions could signal infrastructure and real estate stimulus in t...
COPX: Copper Is The 'Conductor' Of The CCLANG Orchestra
Even without the Electrification Revolution, copper usage will rise steadily with demand from construction, electronics, and industry. However, the move to (1) solar panels, (2) wind turbines, (3) ele...
Unlock Global Profits With Global X Copper Miners ETF
Despite the copper price sell-off in 2022, the copper market experienced tightness amid low visible inventories and high physical premiums. Copper prices should benefit from positive macroeconomic tai...
COPX: A Copper Focused ETF Yielding 5%
The global energy transition (renewables & EVs) will be much more dependent on copper than is the current energy system. Indeed, demand for copper is expected to double by 2035. That being the case, i...