COPX - ETF AI Analysis

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Global X Copper Miners ETF (COPX)

Rating:68Neutral

Price Target:―

COPX, the Global X Copper Miners ETF, has a solid overall rating driven mainly by strong holdings like Hudbay Minerals and Southern Copper, which benefit from good financial performance, positive earnings calls, and supportive technical trends. However, some positions such as JP:5713 and Glencore face profitability, cash flow, and valuation challenges that weigh on the fund. The main risk factor is its concentrated exposure to copper miners, where operational issues, high valuations, and region-specific challenges at several companies can increase volatility.

Positive Factors

Strong Recent Performance

The ETF has shown strong gains over the past three months and year-to-date, indicating positive recent momentum.

Leading Copper Miners in Top Holdings

Many of the largest positions, including well-known global copper miners, have delivered strong year-to-date results that support the fund’s performance.

Global Geographic Diversification

Holdings spread across several countries such as Canada, the U.S., the UK, and Asia help reduce reliance on any single market or region.

Negative Factors

High Sector Concentration in Materials

With almost all assets in the materials sector, the ETF is heavily exposed to swings in commodity and mining markets.

Single-Commodity Industry Focus

Because the fund targets copper miners, its performance is closely tied to copper prices and industry conditions, which can be volatile.

Relatively High Expense Ratio

The ETF charges a higher fee than many broad-market index funds, which can slightly reduce net returns over time.

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

AUM7.54B

RegionGlobal

Expense Ratio0.65%

Beta1.27

IssuerGlobal X

Inception DateApr 19, 2010

Dividend Yield2.26%

Asset ClassEquity

Index TrackedStuttgart Solactive AG Global Copper Miners (USD)

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume9,452,685

30 Day Avg. Volume3,857,158

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

78.36

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering40

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

COPX Summary

The Global X Copper Miners ETF (COPX) is a fund that follows the Stuttgart Solactive AG Global Copper Miners Index and invests in companies that mine and produce copper around the world. It holds well-known names like Freeport-McMoRan and Glencore, giving you a simple way to bet on rising copper demand from electric cars, renewable energy, and modern infrastructure. Someone might invest in COPX for growth potential and global diversification within the copper mining industry. A key risk is that it is heavily tied to copper prices, so the ETF can be very volatile and may go up or down sharply.

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

COPX is a pure play on global copper miners, and its story right now is all about momentum in the big producers. Names like Lundin Mining, Hudbay Minerals, and Southern Copper are doing the heavy lifting, with rising share prices helped by upbeat earnings and strong demand expectations for copper. Freeport-McMoRan and Glencore are also pulling their weight, though operational hiccups and valuation worries keep them from really sprinting. With holdings spread across North America, Europe, and Asia, this is a globally diversified bet on one metal and one theme: copper’s future in electrification.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
KGH	KGHM Polska Miedz SA	5.89%	$430.05M	zł66.42B	201.96%	71 Outperform
5713	Sumitomo Metal Mining Co	5.43%	$396.22M	¥2.57T	140.94%	57 Neutral
LUN	Lundin Mining	5.41%	$394.86M	C$29.35B	231.36%	72 Outperform
BOL	Boliden AB	5.32%	$388.21M	kr178.10B	92.14%	72 Outperform
GLEN	Glencore	4.80%	$349.86M	£58.44B	46.45%	68 Neutral
SCCO	Southern Copper	4.79%	$349.52M	$155.89B	122.16%	73 Outperform
FCX	Freeport-McMoRan	4.74%	$345.87M	$86.49B	69.44%	67 Neutral
HBM	Hudbay Minerals	4.60%	$335.40M	$9.35B	193.54%	76 Outperform
ANTO	Antofagasta	4.55%	$331.96M	£35.96B	116.54%	69 Neutral
FM	First Quantum Minerals	4.16%	$303.82M	C$32.11B	134.67%	73 Outperform

COPX Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

72.87

Positive

100DMA

65.45

Positive

200DMA

53.95

Positive

Market Momentum

MACD

4.63

Positive

RSI

57.86

Neutral

STOCH

37.39

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 82.90, equal to the 50-day MA of 72.87, and equal to the 200-day MA of 53.95, indicating a bullish trend. The MACD of 4.63 indicates Positive momentum. The RSI at 57.86 is Neutral, neither overbought nor oversold. The STOCH value of 37.39 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	―	―	$7.54B	0.65%	―
IGF	―	―	$9.48B	0.39%	―
SIL	―	―	$7.22B	0.65%	―
SILJ	―	―	$5.96B	0.69%	―
RING	―	―	$3.77B	0.39%	―
SLVP	―	―	$1.39B	0.39%	―

Performance Comparison

COPX

Global X Copper Miners ETF

85.20

47.06

123.39%

IGF

iShares Global Infrastructure ETF

―

SIL

Global X Silver Miners ETF

―

SILJ

ETFMG Prime Junior Silver Miners ETF

―

RING

iShares MSCI Global Gold Miners ETF

―

SLVP

iShares MSCI Global 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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