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COPA - ETF AI Analysis
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Themes Copper Miners ETF (COPA)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year to date, indicating solid recent momentum.
Top Holdings Showing Solid Gains
Several of the largest positions, including major copper miners, have delivered strong year-to-date performance, helping drive the fund’s returns.
Global Diversification Across Mining Regions
Holdings spread across the U.S., Canada, the U.K., Australia, and other countries help reduce the impact of problems in any single market.
Negative Factors
Heavy Concentration in Materials Sector
With almost all assets in the materials sector, the fund is highly sensitive to swings in commodity and mining stocks.
Niche Focus on Copper Miners
Because the ETF targets copper mining companies specifically, its performance can be very volatile and closely tied to copper prices and demand.
Small Asset Base
The relatively low assets under management suggest the fund is still small, which can sometimes mean less trading liquidity for investors.
COPA vs. SPDR S&P 500 ETF (SPY)
AUM13.58M
RegionGlobal
Expense Ratio0.35%
Beta1.17
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. Volume21,724
30 Day Avg. Volume9,810
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
54.46Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering46
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
COPA Summary
The Themes Copper Miners ETF (COPA) tracks the BITA Global Copper Mining Select Index and focuses 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, offering a potential growth play tied to the green transition. However, this ETF is concentrated in copper miners, so its price can be very volatile and may fall sharply if copper prices or global demand drop.
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 a pure play on global copper miners, with performance largely steered by heavyweight Freeport-McMoRan, which has been steadily rising and acting as the fund’s workhorse. Southern Copper, Lundin Mining, and Glencore are also climbing, giving the ETF a strong tailwind from both North and South American producers plus London-listed giants. On the more mixed side, names like Ivanhoe Mines and Teck Resources are moving forward but with bumps, as cash flow and valuation worries keep them from fully joining the rally. Overall, this is a tightly focused bet on the materials sector and the copper story worldwide.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Freeport-McMoRan | 9.09% | $1.23M | $90.84B | 62.75% | 67 Neutral | |
| First Quantum Minerals | 3.93% | $533.49K | C$32.33B | 104.54% | 73 Outperform | |
| Lundin Mining | 3.89% | $528.54K | C$29.41B | 197.75% | 72 Outperform | |
| Southern Copper | 3.80% | $515.72K | $164.30B | 119.00% | 73 Outperform | |
| Teck Resources | 3.63% | $493.59K | $28.48B | 34.72% | 66 Neutral | |
| Glencore | 3.61% | $490.33K | £58.11B | 45.59% | 68 Neutral | |
| Antofagasta | 3.48% | $471.95K | £35.96B | 102.72% | 69 Neutral | |
| Ivanhoe Mines | 3.45% | $468.81K | C$25.14B | 15.52% | 69 Neutral | |
| Taseko Mines | 3.25% | $440.72K | $2.94B | 281.48% | 58 Neutral | |
| BHP Group Ltd | 3.24% | $440.66K | AU$255.20B | 44.85% | 68 Neutral |
COPA Technical Analysis
Positive
―
Price Trends
45.12
Positive
40.22
Positive
33.25
Positive
Market Momentum
1.52
Positive
57.66
Neutral
49.34
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For COPA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 50.11, equal to the 50-day MA of 45.12, and equal to the 200-day MA of 33.25, indicating a bullish trend. The MACD of 1.52 indicates Positive momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 49.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for COPA.
COPA Peer Comparison
Comparison Results
Performance Comparison
COPA
Themes Copper Miners ETF
51.41
28.34
122.84%
FFND
Future Fund Active ETF
―
―
―
AUMI
Themes Gold Miners ETF
―
―
―
FMTL
First Trust Indxx Critical Metals ETF
―
―
―
AGMI
Themes Silver Miners ETF
―
―
―
AUAU
Global X Gold Miners ETF
―
―
―
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.
Disclaimer
This 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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