COPX
Global X Copper Miners ETF (NEW)
📎 Investment Objective
The Global X Copper Miners ETF (COPX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index.
Overview
ETF tracking Global X Copper Miners ETF (NEW)
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Global X Copper Miners ETF (COPX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index.
🎯 Investment Strategy
The ETF invests in a portfolio of global companies involved in the copper mining industry. The fund's holdings are weighted based on each company's market capitalization and liquidity.
✨ Key Features
- Provides exposure to global copper mining companies
- Tracks the Solactive Global Copper Miners Total Return Index
- Diversified portfolio of copper mining stocks
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Commodity price risk: The performance of the fund is tied to the price of copper, which can be volatile
- Concentration risk: The fund is concentrated in the copper mining industry, which may be impacted by regulatory changes or supply/demand imbalances
- Currency risk: The fund invests in international companies, so its performance may be affected by currency exchange rate fluctuations
- Market risk: As with any equity investment, the fund's share price may fluctuate based on overall market conditions
👤 Best For
This ETF may be suitable for investors seeking exposure to the global copper mining industry as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to weather potential volatility in the copper market.