COPA vs. GDXJ ETF Comparison

Comparison of Themes Copper Miners ETF (COPA) to Market Vectors Junior Gold Miners ETF (GDXJ)

COPA

Themes Copper Miners ETF

COPA Description

COPA invests in companies with substantial exposure to the copper mining industry. It uses a replication strategy, aiming to own the same stocks in the same proportion as its underlying index. The index is comprised of global firms classified under the subthemes copper mining, exploration, refining, and royalties. It is constructed based on revenue exposure as derived from the copper mining industry to identify Purity Leaders and Revenue Leaders. The former is defined as having a thematic exposure score equal to or greater than 30% of their total revenue, while the latter being in the top 5 companies ranked by their thematic revenue dollar amount. Final constituents are weighted based on market-cap, modified by thematic exposure using revenue. Country capping constraints and flooring conditions are also implemented to ensure proper allocation to significant revenue earners. The index is reconstituted and rebalanced quarterly starting in March.

Grade (RS Rating)

Last Trade

$25.12

Average Daily Volume

640

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

GDXJ

Market Vectors Junior Gold Miners ETF

GDXJ Description

The investment seeks to replicate the Market Vectors® Global Junior Gold Miners Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. It will normally invest at least 80% of its total assets in companies that are involved in the gold mining industry. The Junior Gold Miners Index includes companies that generate at least 50% of their revenues from gold mining and/or silver mining or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.34

Average Daily Volume

5,053,640

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	COPA	GDXJ
30 Days	-5.93%	-10.60%
60 Days		-1.75%
90 Days		1.28%
12 Months		37.63%

1 Overlapping Holdings

	Symbol	Grade	Weight in COPA	Weight in GDXJ	Overlap
	BVN	F	2.36%	1.51%	1.51%

COPA Overweight 3 Positions Relative to GDXJ

	Symbol	Grade	Weight
	FCX	D	9.95%
	SCCO	F	4.17%
	IE	C	2.8%

COPA Underweight 11 Positions Relative to GDXJ

	Symbol	Grade	Weight
	HMY	D	-5.85%
	HL	D	-2.23%
	CDE	D	-1.55%
	SKE	C	-0.51%
	ORLA	C	-0.5%
	GATO	D	-0.42%
	DRD	D	-0.38%
	MUX	F	-0.33%
	GROY	F	-0.16%
	DC	D	-0.14%
	IAUX	F	-0.11%

COPA: Top Represented Industries & Keywords

Industries: Copper Industrial Metals & Minerals Software - Application

Keywords: Mining Copper Molybdenum Artificial Intelligence Artificial Intelligence Services Cobalt Coke Copper Extraction Copper Mining In The United States Electrical Transmission Gold Lead Metallurgical Processes Metallurgy Metals Natural Sciences Oil And Gas Refinery Restorative Dentistry S&P 500

GDXJ: Top Represented Industries & Keywords

Industries: Gold Industrial Metals & Minerals Other Precious Metals & Mining Other Industrial Metals & Mining

Keywords: Mining Gold Gold Mining Lead Silver Copper Silver Mining In The United States Zinc Base Metal Bullion Electrical Transmission Harmony Gold Intellectual Property Law Metals Mineral Exploration Molybdenum Net Smelter Return Osisko Gold Royalties Patent Law Precious And Base Metal