COPP - ETF AI Analysis

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Sprott Copper Miners ETF (COPP)

Rating:56Neutral

Price Target:―

COPP, the Sprott Copper Miners ETF, has a solid but not top-tier rating, largely driven by major holdings like Freeport-McMoRan and Teck Resources, which benefit from strong financial performance, positive earnings commentary, and technical momentum. However, many of its key miners, including Antofagasta, Southern Copper, First Quantum Minerals, and Ivanhoe Mines, face valuation concerns, cash flow or operational challenges, and in some cases bearish technical signals, which collectively hold back the fund’s overall rating. The main risk factor is its concentrated exposure to copper miners, where operational issues, high P/E ratios, and region-specific challenges can significantly impact performance.

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)

AUM281.61M

RegionGlobal

Expense Ratio0.65%

Beta1.43

IssuerSprott

Inception DateMar 05, 2024

Dividend Yield2.17%

Asset ClassEquity

Index TrackedNasdaq Sprott Copper Miners Index - Benchmark TR Net

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume342,705

30 Day Avg. Volume376,566

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

41.64

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering56

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

This ETF is essentially a pure play on global copper miners, with performance heavily steered by a few big names. Freeport-McMoRan sits in the driver’s seat, rising solidly and doing much of the heavy lifting. Teck Resources and Antofagasta are also climbing, reinforcing the fund’s bullish tilt toward copper demand from electrification and green infrastructure. Southern Copper and Lundin Mining add more fuel with strong recent momentum, while First Quantum and Ivanhoe Mines have been more mixed, occasionally tapping the brakes. Overall, it’s a concentrated bet on the materials sector, spread across North and South America and other key mining regions.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
FCX	Freeport-McMoRan	26.67%	$72.52M	$86.94B	75.33%	67 Neutral
ANTO	Antofagasta	9.43%	$25.64M	£36.10B	107.07%	69 Neutral
TECK	Teck Resources	9.38%	$25.50M	$24.90B	36.34%	66 Neutral
SCCO	Southern Copper	5.35%	$14.55M	$156.15B	123.60%	73 Outperform
LUN	Lundin Mining	5.20%	$14.14M	C$30.14B	204.81%	72 Outperform
KGH	KGHM Polska Miedz SA	4.98%	$13.55M	zł57.88B	135.59%	71 Outperform
HBM	Hudbay Minerals	4.94%	$13.44M	$8.92B	240.91%	―
	―	4.24%	$11.53M	―	―	―
FM	First Quantum Minerals	3.93%	$10.69M	C$27.13B	104.63%	73 Outperform
IVN	Ivanhoe Mines	3.58%	$9.73M	C$19.15B	9.63%	69 Neutral

COPP Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

39.81

Negative

100DMA

34.75

Positive

200DMA

29.08

Positive

Market Momentum

MACD

-0.13

Positive

RSI

41.36

Neutral

STOCH

13.11

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 41.32, equal to the 50-day MA of 39.81, and equal to the 200-day MA of 29.08, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 41.36 is Neutral, neither overbought nor oversold. The STOCH value of 13.11 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
COPP	―	―	$281.61M	0.65%	56 Neutral
SGDM	―	―	$805.97M	0.50%	73 Outperform
SGDJ	―	―	$391.58M	0.50%	55 Neutral
MXI	―	―	$363.90M	0.39%	67 Neutral
GOAU	―	―	$220.71M	0.60%	65 Neutral
GBUG	―	―	$209.23M	0.89%	68 Neutral

Performance Comparison

COPP

Sprott Copper Miners ETF

37.97

19.48

105.35%

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

―

GBUG

Sprott Active Gold & Silver 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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