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.
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.
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
Trading Details
As of 07 Aug 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
Key Information
As of 07 Aug 2026
Inception Date
22 Nov 2021
Total Expense Ratio
0.55%
Ongoing Charges
0.55%
Fund AUM
$1,276,436,484.06
Product Profile
Domicile
Ireland
Investment Manager
Global X Management Company (UK) Limited
Custodian
BBH
Asset Class
Equity
Performance History
USD Accumulating
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 07 Aug 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
$69.18 (2.19%)
18,450,000
$1,276,436,484.06
London Stock Exchange
GBP
COPG LN
24 Nov 2021
BMQ85N9
--
--
--
Deutsche Börse Xetra
EUR
4COP GY
24 Nov 2021
BMQ85P1
--
--
--
SIX Swiss Exchange
CHF
COPX SW
11 Feb 2022
BMQ85Q2
--
--
--
Borsa Italiana
EUR
COPX IM
17 Feb 2022
BMQ85R3
--
--
--
Top Holdings
As of 07 Aug 2026
Net Assets (%)
Ticker
Name
Country
SEDOL
Market Price ($)
Shares Held
Market Value ($)
5.71
HBM CN
HUDBAY MINERALS INC
CA
B05BDX1
27.56
2,655,889
73,204,815.69
5.33
TECK/B CN
TECK RESOURCES LTD-CLS B
CA
2879327
66.52
1,027,647
68,362,387.84
5.15
BHP AU
BHP GROUP LTD
AU
6144690
44.46
1,484,348
65,994,078.75
5.08
FM CN
FIRST QUANTUM MINERALS LTD
CA
2347608
31.32
2,080,534
65,165,443.63
4.96
SCCO
SOUTHERN COPPER CORP
US
2823777
199.06
319,335
63,566,825.10
4.93
KGH PW
KGHM POLSKA MIEDZ SA
PL
5263251
94.90
665,284
63,135,079.53
4.88
ANTO LN
ANTOFAGASTA PLC
GB
0045614
53.70
1,165,626
62,591,649.32
4.71
FCX
FREEPORT-MCMORAN INC
US
2352118
69.62
867,762
60,413,590.44
4.60
GLEN LN
GLENCORE PLC
JE
B4T3BW6
7.51
7,854,328
59,010,489.98
4.44
2899 HK
ZIJIN MINING GROUP CO LTD-H
CN
6725299
4.64
12,261,214
56,885,344.24
Sector Breakdown
As of 31 Jul 2026
Sector
Weight (%)
Materials
97.0
Industrials
3.1
Source: AltaVista Research, LLC
Country Breakdown
As of 31 Jul 2026
Country
Weight (%)
Canada
38.4
Australia
10.1
United States
9.9
China
9.5
Japan
6.2
Switzerland
5.0
Britain
5.0
Poland
4.8
Sweden
4.4
Germany
3.0
Hong Kong
2.4
Other
1.3
Source: AltaVista Research, LLC
Industry Breakdown
As of 31 Jul 2026
Industry
Weight (%)
Materials
97.0
Capital Goods
3.1
Source: AltaVista Research, LLC
ETF Characteristics
As of 07 Aug 2026
Return on Equity
11.20%
Average Market Cap
38,220 M
2025
2026
Price to Earnings
31.87
20.58
Price to Book
2.41
2.22
Source: AltaVista Research, LLC
Securities LendingSecurities Lending Active? Yes
As of 09 Aug 2026
ISIN
Security Description
Currency
Weight
Asset Class
Country of Issue
FR0000571218
FRANCE(GOVT OF) 5.5% SNR 25/04/29 EUR1'REGS
EUR
9.22%
Sovereign
FR
FR0013154044
FRANCE(GOVT OF) 1.25% SNR BDS 25/05/2036 EUR
EUR
9.22%
Sovereign
FR
DE000BU2Z064
GERMANY(FEDERAL REPUBLIC) 2.9% BDS 15/02/2036 EUR
EUR
9.22%
Sovereign
DE
DE000BU2Z015
GERMANY(FEDERAL REPUBLIC) 2.6% BDS 15/08/2033 EUR
EUR
8.08%
Sovereign
DE
GB00BSQNRC93
UNITED KINGDOM(GOVERNMENT OF) 4.375% BDS 07/03/2028 GBP
GBP
7.05%
Sovereign
GB
NL0015001AM2
NETHERLANDS (KINGDOM OF) 2.5% BDS 15/07/2033 EUR
EUR
5.93%
Sovereign
NL
US91282CEB37
UNITED STATES OF AMER TREAS NOTES 1.875% NTS 28/02/2029 USD (H-2029)
USD
2.50%
Treasury
US
US91282CKX82
UNITED STATES OF AMER TREAS NOTES 4.25% NTS 30/06/2029 USD (AA-2029)
