COPP vs. XME ETF Comparison
Comparison of Sprott Copper Miners ETF (COPP) to SPDR S&P Metals & Mining ETF (XME)
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
$23.47
Average Daily Volume
16,550
4
XME
SPDR S&P Metals & Mining ETF
XME Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U.S. total market composite index. In seeking to track the performance of the S&P Metals & Mining Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the metals and mining industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$68.69
Average Daily Volume
1,695,382
36
Performance
Period | COPP | XME |
---|---|---|
30 Days | -6.01% | 1.27% |
60 Days | -2.37% | 11.34% |
90 Days | -0.17% | 15.06% |
12 Months | 28.00% |
COPP Underweight 34 Positions Relative to XME
Symbol | Grade | Weight | |
---|---|---|---|
AA | A | -5.41% | |
STLD | B | -5.22% | |
CRS | A | -5.16% | |
HCC | B | -4.9% | |
CMC | B | -4.89% | |
RS | B | -4.76% | |
BTU | B | -4.58% | |
CEIX | B | -4.45% | |
NUE | D | -4.35% | |
X | C | -4.31% | |
CLF | F | -4.11% | |
ARCH | B | -3.99% | |
UEC | B | -3.93% | |
ATI | C | -3.88% | |
RGLD | C | -3.84% | |
AMR | C | -3.71% | |
HL | C | -3.51% | |
NEM | D | -3.23% | |
MP | C | -2.69% | |
CDE | C | -2.66% | |
CENX | B | -1.46% | |
LEU | C | -1.44% | |
KALU | C | -1.25% | |
MTRN | C | -1.15% | |
SXC | A | -0.98% | |
RYI | C | -0.92% | |
WS | B | -0.75% | |
MTUS | D | -0.53% | |
HAYN | A | -0.51% | |
GATO | C | -0.5% | |
METC | C | -0.48% | |
MUX | F | -0.44% | |
RDUS | C | -0.4% | |
ZEUS | C | -0.4% |
COPP: Top Represented Industries & Keywords
XME: Top Represented Industries & Keywords