Forecasts suggest copper consumption will reach 43mm metric tonnes by 2050, up from 26mm in 2022. However, supply may not keep up with rising demand, and such an imbalance could support copper prices and present opportunities for miners (Source: BloombergNEF, Jun 2023).
Structural Tailwinds
Copper is an essential input in electric vehicles, renewable energy storage, and other forms of next-generation infrastructure that we expect to gain popularity.
ETF Efficiency
In a single trade, the ETF delivers efficient access to a basket of companies involved in the mining of copper.
Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
Key Information
As of 09 Jul 2026
Inception Date
22 Nov 2021
Total Expense Ratio
0.55%
Ongoing Charges
0.55%
Fund AUM
$1,081,556,577.21
Product Profile
Domicile
Ireland
Investment Manager
Global X Management Company (UK) Limited
Custodian
BBH
Asset Class
Equity
ETF Objective
The Global X Copper Miners UCITS ETF (COPX LN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners v2 Index.
Trading Details
As of 09 Jul 2026
Primary Ticker
COPX
Primary ISIN
IE0003Z9E2Y3
Bloomberg Index Ticker
SOLGLOCM
Number of Holdings
40
Index Provider
Solactive AG
Management Style
Physical - Full Replication - Passively Managed Index Tracking
Regulatory
SFDR Classification
Article 6
UCITS Compliant
Yes
ISA Eligibility
Yes
SIPP Eligibility
Yes
UK Reporting Status
Yes
Authorized Participants & Market Makers
Citigroup Global Markets, DRW Europe BV, Flow Traders BV, GHCO LLP, HSBC Bank PLC, Jane Street Financial Ltd, Mirae Asset Securities UK Ltd, Societe Generale SA, Susquehanna Intl Ltd, Virtu Financial Ireland Ltd, JP Morgan Securities PLC
Performance History
USD Accumulating
As of recent Month End & Quarter End (30 Jun 2026)
ETF
Index
Difference
1 Year
76.81%
78.05%
-1.24%
3 Years
29.87%
30.48%
-0.61%
Since Inception
20.75%
21.36%
-0.61%
Trading Information
As of 09 Jul 2026
USD Accumulating (ISIN: IE0003Z9E2Y3)
Exchange
Trading Currency
Ticker
Listing Date
SEDOL
Net Asset Value (NAV)
Shares Outstanding
Net Assets
London Stock Exchange
USD
COPX LN
24 Nov 2021
BMQ85M8
$58.91 (3.01%)
18,360,000
$1,081,556,577.21
London Stock Exchange
GBP
COPG LN
24 Nov 2021
BMQ85N9
--
--
--
Deutsche Börse Xetra
EUR
4COP GY
24 Nov 2021
BMQ85P1
--
--
--
SIX Swiss Exchange
CHF
COPX SW
11 Feb 2022
BMQ85Q2
--
--
--
Borsa Italiana
EUR
COPX IM
17 Feb 2022
BMQ85R3
--
--
--
Top Holdings
As of 09 Jul 2026
Net Assets (%)
Ticker
Name
Country
SEDOL
Market Price ($)
Shares Held
Market Value ($)
5.58
TECK/B CN
TECK RESOURCES LTD-CLS B
CA
2879327
59.27
1,018,246
60,351,147.65
5.37
BHP AU
BHP GROUP LTD
AU
6144690
39.46
1,470,782
58,036,102.73
5.31
ANTO LN
ANTOFAGASTA PLC
GB
0045614
49.76
1,154,967
57,474,587.84
5.26
FM CN
FIRST QUANTUM MINERALS LTD
CA
2347608
27.60
2,061,443
56,886,954.12
5.25
HBM CN
HUDBAY MINERALS INC
CA
B05BDX1
21.56
2,631,613
56,726,602.33
5.10
SCCO
SOUTHERN COPPER CORP
US
2823777
174.43
316,428
55,194,536.04
4.95
BOL SS
BOLIDEN AB
SE
BPYTZ57
54.01
991,274
53,540,242.53
4.93
GLEN LN
GLENCORE PLC
JE
B4T3BW6
6.85
7,782,265
53,296,332.34
4.91
KGH PW
KGHM POLSKA MIEDZ SA
PL
5263251
80.50
659,215
53,068,223.06
4.81
FCX
FREEPORT-MCMORAN INC
US
2352118
60.53
859,806
52,044,057.18
Sector Breakdown
As of 31 May 2026
Sector
Weight (%)
Materials
96.7
Industrials
3.3
Source: AltaVista Research, LLC
Country Breakdown
As of 31 May 2026
Country
Weight (%)
Canada
39.9
Australia
9.8
United States
9.3
China
8.4
Japan
6.3
Britain
5.0
Poland
5.0
Sweden
4.9
Switzerland
4.7
Germany
3.3
Hong Kong
2.3
Other
1.1
Source: AltaVista Research, LLC
Industry Breakdown
As of 31 May 2026
Industry
Weight (%)
Materials
96.7
Capital Goods
3.3
Source: AltaVista Research, LLC
ETF Characteristics
As of 09 Jul 2026
Return on Equity
11.20%
Average Market Cap
38,299 M
2025
2026
Price to Earnings
26.85
17.34
Price to Book
1.98
1.77
Source: AltaVista Research, LLC
Securities LendingSecurities Lending Active? Yes
As of 10 Jul 2026
ISIN
Security Description
Currency
Weight
Asset Class
Country of Issue
GB00BSGQQ650
UNITED KINGDOM(GOVERNMENT OF) 0% BILL 09/11/2026 GBP
