COPP vs. COPX ETF Comparison

Comparison of Sprott Copper Miners ETF (COPP) to Global X Copper Miners ETF (COPX)
COPP

Sprott Copper Miners ETF

COPP Description

COPP aims to replicate an index comprised of 30 to 50 constituents with a significant portion of their revenue derived from copper mining, exploration, development, and production activities. Eligible securities must meet specific criteria, including minimum free float market capitalization and an Average Daily Traded Value threshold. Companies then undergo a selection process involving industry publications, research, and engagements with company management. Securities are weighted based on free float market capitalization, with excess weight redistributed among other constituents, ensuring portfolio diversification and preventing undue influence by individual companies. The index includes securities from domestic and international issuers, covering emerging and frontier markets, with notable representation from Canadian, Chilean, and Australian issuers. Reconstitution and rebalancing occur semi-annually, with deletions possible at any time due to corporate actions. COPP may also invest in publicly traded closed-ended trusts within the index's purview.

Grade (RS Rating)

Last Trade

$23.50

Average Daily Volume

16,623

Number of Holdings *

4

* may have additional holdings in another (foreign) market
COPX

Global X Copper Miners ETF

COPX Description The investment 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. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the copper mining industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.79

Average Daily Volume

1,642,413

Number of Holdings *

2

* may have additional holdings in another (foreign) market
Performance
Period COPP COPX
30 Days -6.93% -6.67%
60 Days -2.21% -1.41%
90 Days -3.33% -2.68%
12 Months 25.51%
2 Overlapping Holdings
Symbol Grade Weight in COPP Weight in COPX Overlap
FCX F 23.85% 4.65% 4.65%
SCCO F 4.92% 4.65% 4.65%
COPP Overweight 2 Positions Relative to COPX
Symbol Grade Weight
IE C 1.14%
NAK B 0.37%
COPP Underweight 0 Positions Relative to COPX
Symbol Grade Weight
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