COPP - ETF AI Analysis
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Sprott Copper Miners ETF (COPP)
Rating:55Neutral
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 Driving Returns
Several major holdings like Freeport-McMoRan, Teck Resources, and Southern Copper have shown strong year-to-date performance, helping support the fund’s results.
Global Copper Exposure
Holdings spread across the U.S., Canada, the U.K., and several other countries give investors access to copper miners from multiple key regions.
Negative Factors
High Stock Concentration
The largest holding, Freeport-McMoRan, makes up a big share of the portfolio, so the fund’s performance is heavily influenced by a single company.
Sector Concentration in Materials
With almost all assets in the materials sector, the ETF is highly sensitive to swings in commodity and mining markets.
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.
COPP vs. SPDR S&P 500 ETF (SPY)
AUM286.95M
RegionGlobal
Expense Ratio0.66%
Beta1.66
IssuerSprott
Inception DateMar 05, 2024
Dividend Yield2.15%
Asset ClassEquity
Index TrackedNasdaq Sprott Copper Miners Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume157,463
30 Day Avg. Volume154,213
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
44.17Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering73
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 invests in companies that mine and produce copper, a metal widely used in electric cars, solar panels, and other green technologies. Its holdings include well-known miners like Freeport-McMoRan and Teck Resources, with most investments in North American and European companies. Someone might consider this ETF if they want focused exposure to potential long-term growth from rising copper demand and a simple way to invest in multiple copper miners at once. However, it is heavily tied to copper prices and can go up and down sharply with the commodities market.
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
This ETF is a pure play on global copper miners, with performance heavily steered by a few big names. Freeport-McMoRan is doing the heavy lifting, rising steadily and acting as the fund’s main engine. Teck Resources and Antofagasta are also climbing, adding fuel to the rally, while Southern Copper and First Quantum keep the momentum going despite some bumps in operations. Hudbay is surging, giving an extra boost, but Lundin Mining has been lagging lately, reminding investors that this concentrated bet on materials can be a bumpy ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Freeport-McMoRan | 25.50% | $73.16M | $98.73B | 69.05% | 67 Neutral | |
| Teck Resources | 9.84% | $28.22M | $30.73B | 66.29% | 66 Neutral | |
| Antofagasta | 9.32% | $26.74M | £38.57B | 133.39% | 69 Neutral | |
| ― | 5.31% | $15.23M | ― | ― | ― | |
| KGHM Polska Miedz SA | 5.30% | $15.21M | zł73.10B | 202.86% | 71 Outperform | |
| Southern Copper | 4.75% | $13.64M | $160.97B | 108.19% | 73 Outperform | |
| First Quantum Minerals | 4.53% | $13.01M | C$35.88B | 86.60% | 73 Outperform | |
| Hudbay Minerals | 4.24% | $12.17M | $10.96B | 188.33% | ― | |
| Lundin Mining | 4.22% | $12.12M | C$31.77B | 161.94% | 72 Outperform | |
| Capstone Copper | 3.26% | $9.36M | C$11.16B | 83.24% | 73 Outperform |
COPP Technical Analysis
Neutral
―
Price Trends
40.17
Negative
39.41
Negative
35.55
Positive
Market Momentum
-0.73
Positive
43.50
Neutral
13.06
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For COPP, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 40.75, equal to the 50-day MA of 40.17, and equal to the 200-day MA of 35.55, indicating a neutral trend. The MACD of -0.73 indicates Positive momentum. The RSI at 43.50 is Neutral, neither overbought nor oversold. The STOCH value of 13.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for COPP.
COPP Peer Comparison
Comparison Results
Performance Comparison
COPP
Sprott Copper Miners ETF
38.30
14.78
62.84%
SLVP
iShares MSCI Global Silver Miners ETF
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―
―
SGDM
Sprott Gold Miners ETF
―
―
―
MXI
iShares Global Materials ETF
―
―
―
SLX
VanEck Steel ETF
―
―
―
GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
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―
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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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