COPX - ETF AI Analysis

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Global X Copper Miners ETF (COPX)

Rating:67Neutral

Price Target:―

The Global X Copper Miners ETF (COPX) has a solid overall rating, reflecting a balanced mix of strengths and risks among its holdings. Southern Copper and Zijin Mining Group stand out as key contributors due to their strong financial performance and optimistic growth outlooks, supported by effective management and reasonable valuations. However, weaker holdings like First Quantum Minerals, which face bearish technical momentum and valuation concerns, slightly dampen the fund’s overall rating. A notable risk is the ETF's concentration in the copper mining sector, which makes it sensitive to fluctuations in global copper demand and prices.

Positive Factors

Strong Top Holdings

Several key holdings, such as Zijin Mining Group and Hudbay Minerals, have delivered strong year-to-date performance, supporting the ETF's overall gains.

Global Diversification

The ETF has exposure to multiple countries, including Canada, Hong Kong, and Australia, reducing reliance on any single geographic market.

Healthy Year-to-Date Performance

The fund has shown strong year-to-date returns, indicating positive momentum in the copper mining sector.

Negative Factors

Sector Concentration

Nearly all of the ETF's exposure is in the materials sector, making it highly sensitive to fluctuations in commodity prices.

High Expense Ratio

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

Lagging Holdings

Some holdings, like Southern Copper and Boliden AB, have underperformed year-to-date, potentially dragging on overall performance.

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

AUM4.13B

RegionGlobal

Expense Ratio0.65%

Beta1.25

IssuerGlobal X

Inception DateApr 19, 2010

Dividend Yield1.13%

Asset ClassEquity

Index TrackedStuttgart Solactive AG Global Copper Miners (USD)

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume2,011,697

30 Day Avg. Volume2,456,215

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

72.14

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering39

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

COPX Summary

The Global X Copper Miners ETF (COPX) is an investment fund that focuses on companies involved in copper mining, a key material used in modern infrastructure, technology, and renewable energy. It tracks the Stuttgart Solactive AG Global Copper Miners Index and includes well-known companies like Lundin Mining and Southern Copper. Investors might consider COPX for its potential growth as global demand for copper increases, especially with the rise of electric vehicles and sustainable energy. However, new investors should be aware that this ETF is heavily tied to the copper industry, meaning its performance can fluctuate with changes in copper prices and demand.

How much will it cost me?The Global X Copper Miners ETF (COPX) 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 it is an actively managed fund focused on a specific niche—copper mining—requiring more research and management effort.

What would affect this ETF?The Global X Copper Miners ETF (COPX) could benefit from increasing global demand for copper driven by the transition to renewable energy, electric vehicles, and infrastructure development, as copper is essential for these technologies. However, the ETF may face challenges from fluctuating copper prices, regulatory changes in mining regions, or economic slowdowns that reduce industrial activity and demand for materials. Its global exposure and focus on leading copper mining companies provide diversification but also make it sensitive to geopolitical risks in key mining countries.

COPX Top 10 Holdings

The Global X Copper Miners ETF (COPX) is heavily concentrated in the materials sector, with a global mix of copper mining giants driving its performance. Rising stars like Lundin Mining and Zijin Mining Group are buoying the fund with strong financial results and bullish momentum, reflecting copper’s critical role in renewable energy and infrastructure. However, lagging names like Freeport-McMoRan and Glencore are holding back gains, weighed down by mixed technical indicators and profitability challenges. Overall, the ETF’s focus on copper miners positions it as a niche play on the growing demand for this essential metal.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
KGH	KGHM Polska Miedz SA	5.83%	$237.70M	zł50.74B	145.21%	71 Outperform
LUN	Lundin Mining	5.68%	$231.56M	C$23.88B	146.30%	67 Neutral
BOL	Boliden AB	5.11%	$208.62M	kr137.03B	54.58%	72 Outperform
FCX	Freeport-McMoRan	4.90%	$200.06M	$68.26B	23.53%	67 Neutral
ANTO	Antofagasta	4.87%	$198.84M	£30.07B	88.52%	69 Neutral
FM	First Quantum Minerals	4.74%	$193.31M	C$28.30B	99.03%	68 Neutral
HBM	Hudbay Minerals	4.70%	$191.76M	$7.34B	142.22%	76 Outperform
SCCO	Southern Copper	4.63%	$188.81M	$114.89B	57.68%	73 Outperform
GLEN	Glencore	4.59%	$187.41M	£43.75B	4.60%	68 Neutral
BHP	BHP Group Ltd	4.41%	$180.02M	AU$224.64B	21.21%	68 Neutral

COPX Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

62.84

Positive

100DMA

56.83

Positive

200DMA

48.88

Positive

Market Momentum

MACD

2.12

Negative

RSI

64.74

Neutral

STOCH

63.43

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For COPX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 65.05, equal to the 50-day MA of 62.84, and equal to the 200-day MA of 48.88, indicating a bullish trend. The MACD of 2.12 indicates Negative momentum. The RSI at 64.74 is Neutral, neither overbought nor oversold. The STOCH value of 63.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for COPX.

COPX Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
COPX	―	―	$4.13B	0.65%	―
IGF	―	―	$8.86B	0.39%	―
BAI	―	―	$7.86B	0.55%	―
SIL	―	―	$4.67B	0.65%	―
SILJ	―	―	$3.74B	0.69%	―
RING	―	―	$2.92B	0.39%	―

Performance Comparison

COPX

Global X Copper Miners ETF

68.75

31.17

82.94%

IGF

iShares Global Infrastructure ETF

―

BAI

iShares A.I. Innovation and Tech Active ETF

―

SIL

Global X Silver Miners ETF

―

SILJ

ETFMG Prime Junior Silver Miners ETF

―

RING

iShares MSCI Global Gold 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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