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COPA - AI Analysis
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Themes Copper Miners ETF (COPA)
Rating:59Neutral
Price Target:
$40.00
Positive Factors
Strong Sector Focus
The ETF is heavily concentrated in the materials sector, which has shown strong performance due to rising demand for copper.
Global Diversification
The fund includes exposure to multiple countries, reducing reliance on any single geographic market.
Low Expense Ratio
The ETF charges a competitive expense ratio, making it cost-effective for investors.
Negative Factors
Sector Over-Concentration
Nearly 90% of the fund is allocated to the materials sector, increasing vulnerability to sector-specific downturns.
Mixed Performance of Top Holdings
Some top holdings, like Ivanhoe Mines and Glencore, have underperformed year-to-date, which could drag on overall returns.
Small Asset Base
The ETF has relatively low assets under management, which may lead to less liquidity and higher trading costs for investors.
COPA vs. SPDR S&P 500 ETF (SPY)
AUM2.27M
RegionGlobal
Expense Ratio0.35%
Beta1.06
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. Volume2,533
30 Day Avg. Volume1,628
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
41.13Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering54
COPA Summary
The Themes Copper Miners ETF (COPA) is an investment fund that focuses on companies involved in copper mining, a key material used in renewable energy, electric vehicles, and infrastructure. It follows the BITA Global Copper Mining Select Index and includes well-known companies like Freeport-McMoRan and Southern Copper. Investors might consider COPA for its potential growth as demand for copper rises and its role in supporting the transition to a greener economy. However, new investors should be aware that the ETF’s performance is closely tied to the copper industry, which can be affected by fluctuations in commodity 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
The Themes Copper Miners ETF (COPA) is riding the wave of strong demand for copper, but its performance is a mixed bag. Lundin Mining and Antofagasta are shining stars, with rising stock momentum fueled by robust production and sustainability achievements. Southern Copper also adds a steady hand with solid financials and a supportive dividend yield. However, Freeport-McMoRan has been losing steam recently, and Glencore’s mixed financials and bearish momentum are holding the fund back. With a clear focus on the materials sector and global exposure, COPA is heavily concentrated in copper mining, making it a bet on the metal’s future demand.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Freeport-McMoRan | 7.10% | $161.50K | $59.87B | -8.53% | 67 Neutral | |
| First Quantum Minerals | 4.31% | $98.04K | C$24.29B | 58.36% | 65 Neutral | |
| Lundin Mining | 4.09% | $92.89K | C$19.32B | 64.66% | 64 Neutral | |
| Antofagasta | 3.95% | $89.88K | £27.51B | 58.25% | 69 Neutral | |
| Southern Copper | 3.88% | $88.27K | $112.73B | 30.34% | 78 Outperform | |
| Teck Resources | 3.88% | $88.18K | $20.94B | -8.19% | 63 Neutral | |
| Ivanhoe Mines | 3.82% | $86.76K | C$19.00B | -25.46% | 69 Neutral | |
| China Nonferrous Mining Corp. Ltd. | 3.60% | $81.73K | HK$55.99B | 151.47% | 76 Outperform | |
| Glencore | 3.57% | $81.27K | £42.91B | -10.60% | 68 Neutral | |
| BHP Group Ltd | 3.47% | $78.93K | £110.07B | -0.75% | 68 Neutral |
COPA Technical Analysis
Positive
―
Price Trends
35.21
Positive
31.53
Positive
27.44
Positive
Market Momentum
0.60
Positive
55.51
Neutral
70.67
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 37.88, equal to the 50-day MA of 35.21, and equal to the 200-day MA of 27.44, indicating a neutral trend. The MACD of 0.60 indicates Positive momentum. The RSI at 55.51 is Neutral, neither overbought nor oversold. The STOCH value of 70.67 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
37.69
11.62
44.57%
FTRI
First Trust Indxx Global Natural Resources Income ETF
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COPP
Sprott Copper Miners ETF
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METL
Sprott Active Metals & Miners ETF
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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.
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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