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COPP - ETF AI Analysis
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Sprott Copper Miners ETF (COPP)
Rating:56Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past three months and year-to-date, indicating positive momentum in copper miners.
Leading Copper Miners in Top Holdings
Several of the largest positions, including major global copper producers, have delivered solid performance, helping drive the fund’s returns.
Global Geographic Exposure
Holdings spread across the U.S., Canada, the U.K., and several other countries provide some diversification across different markets and regulatory environments.
Negative Factors
High Concentration in Top Holding
The largest position makes up a significant portion of the portfolio, which increases the fund’s sensitivity to news and performance from that single company.
Sector Concentration Risk
With almost all assets in the materials sector and focused on copper miners, the ETF is heavily exposed to swings in copper prices and mining industry conditions.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
COPP vs. SPDR S&P 500 ETF (SPY)
AUM291.55M
RegionGlobal
Expense Ratio0.65%
Beta1.39
IssuerSprott
Inception DateMar 05, 2024
Dividend Yield1.97%
Asset ClassEquity
Index TrackedNasdaq Sprott Copper Miners Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume729,621
30 Day Avg. Volume298,093
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
41.46Price 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 (COPP) tracks the Nasdaq Sprott Copper Miners Index and focuses on companies that mine and produce copper, a metal widely used in electric vehicles, solar panels, and other green technologies. Its holdings include well-known miners like Freeport-McMoRan and Teck Resources. Someone might invest in this ETF to bet on long-term growth in demand for copper as the world shifts toward cleaner energy and more electrification, while also getting diversification across several copper producers. A key risk is that it is highly concentrated in copper mining, so its price can swing a lot with copper prices and the materials sector.
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
COPP is a pure play on global copper miners, with performance heavily steered by Freeport-McMoRan at the top; its rising share price has been a key engine for the fund. Southern Copper, Lundin Mining, Hudbay, and KGHM are also climbing, giving the ETF a strong tailwind from multiple directions rather than just one star stock. Antofagasta and Teck are contributing steadily, while Ivanhoe Mines looks more mixed and can occasionally tap the brakes. Overall, this is a concentrated bet on the materials sector, tightly tied to copper’s global demand story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Freeport-McMoRan | 25.48% | $75.31M | $90.84B | 67.57% | 67 Neutral | |
| Teck Resources | 9.80% | $28.98M | $28.48B | 36.79% | 66 Neutral | |
| Antofagasta | 8.97% | $26.51M | £35.96B | 102.72% | 69 Neutral | |
| Hudbay Minerals | 5.14% | $15.21M | $10.05B | 185.04% | ― | |
| Southern Copper | 5.13% | $15.16M | $164.30B | 132.68% | 73 Outperform | |
| KGHM Polska Miedz SA | 5.04% | $14.90M | zł60.92B | 173.31% | 71 Outperform | |
| Lundin Mining | 4.71% | $13.91M | C$29.41B | 197.75% | 72 Outperform | |
| Ivanhoe Mines | 4.16% | $12.31M | C$25.14B | 15.52% | 69 Neutral | |
| First Quantum Minerals | 4.03% | $11.91M | C$32.33B | 116.79% | 73 Outperform | |
| ― | 4.01% | $11.85M | ― | ― | ― |
COPP Technical Analysis
Positive
―
Price Trends
36.26
Positive
32.12
Positive
27.03
Positive
Market Momentum
1.38
Positive
57.75
Neutral
18.81
Positive
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 40.45, equal to the 50-day MA of 36.26, and equal to the 200-day MA of 27.03, indicating a bullish trend. The MACD of 1.38 indicates Positive momentum. The RSI at 57.75 is Neutral, neither overbought nor oversold. The STOCH value of 18.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for COPP.
COPP Peer Comparison
Comparison Results
Performance Comparison
COPP
Sprott Copper Miners ETF
41.89
20.65
97.22%
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
―
―
―
SLX
VanEck Steel 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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