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Global X Copper Miners ETF (NEW)

COPX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 19 2010
Expense Ratio
0.65%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$11,299,541
AUM
$1,518,802,263
Associated Index
Solactive Global Copper Miners Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

IVN
Ivanhoe Mines Ltd. - Ordinary Shares - Class A
5.32%
GMEXICOB
Grupo Mexico S.A. - Ordinary Shares - Class B
5.31%
FQVLF
First Quantum Minerals Ltd.
5.26%
SCCO
Southern Copper Corporation
5.26%
SAA
Lundin Mining Corp.
5.25%
BHP
BHP Group Limited
5.20%
GLEN
Glencore plc
5.17%
TECK
Teck Resources Ltd - Ordinary Shares - Class B (Sub Voting)
5.02%
2899
Zijin Mining Group Co., Ltd. - Ordinary Shares - Class H
5.02%
KGH
KGHM POLSKA MIEDZ SA
4.90%
Invest with COPX

What is COPX?

The Global X Copper Miners ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the Solactive Global Copper Miners Index.

ETFs related toCOPX

ETFs correlated to COPX include PICK, GNR, GUNR

COPX
Global X Funds - Global X Copper Miners ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
GUNR
FlexShares Trust - FlexShares Global Upstream Natural Resources Index Fund
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
GCOW
Pacer Funds Trust - Pacer Global Cash Cows Dividend ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
DTH
WisdomTree Trust - WisdomTree International High Dividend Fund
IDV
BlackRock Institutional Trust Company N.A. - iShares International Select Dividend ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCOPX

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with COPX using Composer

FAQ

COPX is a Global Equities ETF. The Global X Copper Miners ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the Solactive Global Copper Miners Index.

COPX tracks the Solactive Global Copper Miners Index.

No, COPX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, COPX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on COPX is -0.0025%. This is the percent change in the value of COPX over the most recent 1-month period. The 3-month return on COPX is -0.0309%. This is the percent change in the value of COPX over the most recent 3-month period.

The standard deviation of COPX for the past year is 0.3438%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to COPX include IXJ, SMH, and URA.

ETFs correlated to COPX include PICK, GNR, and GUNR.

ETFs that are inversely correlated to COPX include EDZ, EFZ, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.