COPP - ETF AI Analysis

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Sprott Copper Miners ETF (COPP)

Rating:57Neutral

Price Target:―

COPP, the Sprott Copper Miners ETF, has a solid but not outstanding overall rating, largely supported by strong, heavily weighted holdings like Freeport-McMoRan, which shows good financial health and momentum despite some operational and valuation risks. Other key positions such as Teck Resources and Antofagasta add to the fund’s strength with improving performance and strategic initiatives, though their high valuations and cash flow challenges, along with broader operational and regional risks across several miners, keep the fund’s rating from being higher and highlight its concentration risk in the copper mining sector.

Positive Factors

Strong Recent Performance

The ETF has delivered solid gains over the year-to-date, one-month, and three-month periods, indicating positive momentum.

Global Geographic Exposure

The fund invests in companies across multiple countries, including the U.S., Canada, UK, and Australia, providing diversification beyond a single market.

Top Holdings Driving Growth

Several top holdings, such as Antofagasta, Hudbay Minerals, and KGHM Polska Miedz SA, have shown strong year-to-date performance, supporting the fund's returns.

Negative Factors

Sector Concentration Risk

The ETF is heavily concentrated in the materials sector, which makes it vulnerable to downturns in commodity prices or sector-specific risks.

High Expense Ratio

The fund charges a relatively high expense ratio compared to broader market ETFs, which can eat into investor returns over time.

Underperforming Holding

Ivanhoe Mines, one of the top holdings, has shown negative year-to-date performance, which could drag on overall fund performance.

COPP vs. SPDR S&P 500 ETF (SPY)

AUM122.66M

RegionGlobal

Expense Ratio0.65%

Beta1.40

IssuerSprott

Inception DateMar 05, 2024

Dividend Yield2.26%

Asset ClassEquity

Index TrackedNasdaq Sprott Copper Miners Index - Benchmark TR Net

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume225,954

30 Day Avg. Volume89,983

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

34.60

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering57

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

COPP Summary

The Sprott Copper Miners ETF (Ticker: COPP) focuses on companies involved in copper mining, a critical material for renewable energy and technology like electric vehicles and solar panels. It tracks the Nasdaq Sprott Copper Miners Index and includes well-known companies such as Freeport-McMoRan and Antofagasta. This ETF could be appealing for investors looking to benefit from the growing demand for copper and diversify into the materials sector. However, it’s important to note that the fund is heavily tied to the copper industry, meaning its performance can fluctuate with changes in copper prices and global demand.

How much will it cost me?The Sprott Copper Miners ETF has an expense ratio of 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized niche in the copper mining sector.

What would affect this ETF?The Sprott Copper Miners ETF could benefit from the growing demand for copper driven by the global transition to renewable energy and increased use in electric vehicles and green technologies. However, it may face challenges from fluctuating copper prices, regulatory changes in mining regions, or economic slowdowns that reduce industrial demand for materials. Its global exposure and reliance on top holdings like Freeport-McMoRan and Antofagasta make it sensitive to both sector-specific trends and broader economic conditions.

COPP Top 10 Holdings

The Sprott Copper Miners ETF is riding the wave of global demand for copper, with Freeport-McMoRan leading the charge thanks to steady momentum despite operational risks. Antofagasta and KGHM Polska Miedz SA are also shining, benefiting from strong technical performance and strategic initiatives. However, Ivanhoe Mines is lagging, weighed down by negative cash flow and bearish trends. With nearly all holdings concentrated in the materials sector and a global footprint, this ETF is a focused bet on the copper mining industry, offering both promise and volatility as the sector navigates growth and challenges.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
FCX	Freeport-McMoRan	24.81%	$29.80M	$79.69B	39.10%	67 Neutral
TECK	Teck Resources	9.44%	$11.34M	$24.25B	17.54%	66 Neutral
ANTO	Antofagasta	8.92%	$10.71M	£33.39B	104.66%	69 Neutral
KGH	KGHM Polska Miedz SA	5.07%	$6.09M	zł58.88B	169.20%	71 Outperform
	―	4.91%	$5.90M	―	―	―
HBM	Hudbay Minerals	4.79%	$5.76M	$8.38B	141.53%	―
LUN	Lundin Mining	4.65%	$5.59M	C$26.62B	161.93%	72 Outperform
FM	First Quantum Minerals	4.65%	$5.58M	C$31.82B	99.85%	73 Outperform
SCCO	Southern Copper	4.62%	$5.55M	$129.49B	75.85%	73 Outperform
IVN	Ivanhoe Mines	4.29%	$5.16M	C$22.84B	-4.01%	69 Neutral

COPP Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

31.19

Positive

100DMA

28.69

Positive

200DMA

24.71

Positive

Market Momentum

MACD

1.68

Negative

RSI

65.08

Neutral

STOCH

66.32

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For COPP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 34.46, equal to the 50-day MA of 31.19, and equal to the 200-day MA of 24.71, indicating a bullish trend. The MACD of 1.68 indicates Negative momentum. The RSI at 65.08 is Neutral, neither overbought nor oversold. The STOCH value of 66.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for COPP.

COPP Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
COPP	―	―	$122.66M	0.65%	―
SLVP	―	―	$948.64M	0.39%	―
SGDM	―	―	$702.60M	0.50%	―
SGDJ	―	―	$370.20M	0.50%	―
MXI	―	―	$255.25M	0.39%	―
GOAU	―	―	$194.66M	0.60%	―

Performance Comparison

COPP

Sprott Copper Miners ETF

36.39

15.93

77.86%

SLVP

iShares MSCI Global Silver Miners ETF

―

SGDM

Sprott Gold Miners ETF

―

SGDJ

Sprott Junior Gold Miners ETF

―

MXI

iShares Global Materials ETF

―

GOAU

U.S. Global GO GOLD and Precious Metal 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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