COPA - ETF AI Analysis
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Themes Copper Miners ETF (COPA)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over the past month, showing solid recent momentum.
Leading Copper Miners in Top Holdings
Several of the largest positions, including major global copper producers, have shown strong year-to-date performance, helping drive the fund’s returns.
Global Diversification Across Mining Regions
Holdings spread across countries like Canada, the U.S., Australia, and the U.K. reduce reliance on any single market or mining region.
Negative Factors
Heavy Concentration in Materials Sector
With most assets in the materials sector, the ETF is highly sensitive to swings in commodity and mining company prices.
Niche Focus on Copper Miners
Because the fund targets copper mining companies, its performance can be very sensitive to changes in copper demand and prices.
Small Asset Base
The relatively low amount of money invested in the fund may lead to lower trading volume and wider bid-ask spreads for investors.
COPA vs. SPDR S&P 500 ETF (SPY)
AUM12.81M
RegionGlobal
Expense Ratio0.35%
Beta1.38
IssuerThemes
Inception DateSep 24, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedBITA Global Copper Mining Select Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,926
30 Day Avg. Volume3,353
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
60.80Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
COPA Summary
The Themes Copper Miners ETF (COPA) is a fund that follows the BITA Global Copper Mining Select Index, focusing on companies that mine copper around the world. It mainly holds materials-sector stocks, including well-known names like Freeport-McMoRan and BHP Group. Investors might consider COPA if they want targeted exposure to copper, which is widely used in electric vehicles, renewable energy, and infrastructure, and could benefit from long-term growth in these areas. However, this ETF is concentrated in copper mining, so its price can swing a lot with copper prices and global economic conditions.
How much will it cost me?The Themes Copper Miners ETF (COPA) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is actively managed to focus on a specific niche, the copper mining industry. This specialized approach requires more research and management compared to passively managed funds that track broad indexes.
What would affect this ETF?The Themes Copper Miners ETF (COPA) could benefit from increasing global demand for copper driven by the growth of renewable energy, electric vehicles, and infrastructure projects, as these industries rely heavily on copper. However, the ETF may face challenges from fluctuating copper prices, regulatory changes in mining regions, or economic slowdowns that reduce industrial activity. Its global exposure and focus on major copper mining companies provide diversification but also make it sensitive to geopolitical risks and environmental regulations in key mining countries.
COPA Top 10 Holdings
COPA is essentially a pure play on global copper miners, with performance heavily steered by a few big names. Freeport-McMoRan and BHP are doing much of the heavy lifting, riding strong momentum as copper demand stays hot. Teck Resources and Capstone Copper are also rising, adding extra fuel to the fund’s recent gains. On the flip side, Glencore and Lundin Mining have been more mixed lately, occasionally tapping the brakes. With holdings spread across North America, Europe, and emerging markets, this ETF is globally diversified but tightly tied to the fortunes of the copper cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Freeport-McMoRan | 8.57% | $1.10M | $98.73B | 69.05% | 67 Neutral | |
| Glencore | 4.48% | $576.84K | £65.15B | 95.80% | 68 Neutral | |
| Hudbay Minerals | 4.33% | $556.80K | $10.96B | 188.33% | 76 Outperform | |
| BHP Group Ltd | 4.07% | $523.08K | AU$311.95B | 75.44% | 68 Neutral | |
| Anglo American | 3.53% | $454.03K | £41.98B | 91.27% | 66 Neutral | |
| First Quantum Minerals | 3.41% | $439.09K | C$35.88B | 86.60% | 73 Outperform | |
| Lundin Mining | 3.31% | $426.18K | C$31.77B | 161.94% | 72 Outperform | |
| Teck Resources | 3.24% | $417.34K | $30.73B | 66.29% | 66 Neutral | |
| Antofagasta | 3.17% | $407.48K | £38.57B | 133.39% | 69 Neutral | |
| Southern Copper | 3.07% | $395.19K | $160.97B | 108.19% | 73 Outperform |
COPA Technical Analysis
Negative
―
Price Trends
50.01
Negative
48.67
Negative
44.08
Positive
Market Momentum
-0.77
Positive
42.36
Neutral
13.93
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For COPA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 50.46, equal to the 50-day MA of 50.01, and equal to the 200-day MA of 44.08, indicating a neutral trend. The MACD of -0.77 indicates Positive momentum. The RSI at 42.36 is Neutral, neither overbought nor oversold. The STOCH value of 13.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for COPA.
COPA Peer Comparison
Comparison Results
Performance Comparison
COPA
Themes Copper Miners ETF
47.62
20.54
75.85%
METL
Sprott Active Metals & Miners ETF
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―
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REXC
Sprott Rare Earths Ex-China ETF
―
―
―
FMTL
First Trust Indxx Critical Metals ETF
―
―
―
AUMI
Themes Gold Miners ETF
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―
―
AGMI
Themes Silver Miners ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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