Copper Nearing a Important DecisionCopper price began forming a negative move, activating with the negativity of the main indicators, to settle near the extra support at $4.5000, facing negative pressures will increase the chances for breaking the current support, to open the way towards targeting extra negative stations, which might
Key stats
About GLOBAL X FDS
Home page
Inception date
Apr 19, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
COPX is the first ETF option for a pure-play copper exposure in the equity space. The fund gets this exposure by tracking a market-cap-weighted index that offers broad equity exposure to the global copper mining industry. Although technically a global fund, it has a strong North American exposure. The fund ranks companies according to their average daily trading volume with respect to its exchange over three months. The highest ranked funds are included in the index. The index is rebalanced semi-annually.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
Butterfly COPX for 21 Jan'25. This butterfly for COPX. (copper ETF) for 21 Jan 2025 at 55/57/59 is very interesting as it has a ratio of 1:20. (i.e. $1000 purchase for this butterfly today can turn into $20,000 if COPX reaches a price of 57 on 21 January.
If COPX closes between 55 and 59 in Jan'25 then a percentage of the $
Copper Prices on the Rise - Do Your Research Before You T
Copper prices have recently reached a 14-month high, driven in part by China's economic improvement. This could be a potential trading opportunity, but it's important to be well-informed before making any decisions.
Copper is a key economic indicator, and its demand is expected to rise. However, t
#COPX Copper miners ETF reclaims support and now heading higherNice reclaim of the broken horizontal and channel support on the COPX Copper miners ETF. Looks like we're headed back to the top of the years trading range at 41.80 which is an approximate move of 12% from current levels. Dr Copper being a proxy for global growth is always a positive for global mark
Copper miners ETFAs we embrace the possibility of an increase in demand for copper in the next age of technology robotics and renewable energy will be dominant. The demand for copper will keep on increasing and this will result in copper mining stocks looking attractive to investors fundamentally.
We are still earl
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
COPX trades at 39.85 USD today, its price has risen 2.49% in the past 24 hours. Track more dynamics on COPX price chart.
COPX net asset value is 40.41 today — it's risen 9.54% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
COPX assets under management is 1.93 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
COPX price has risen by 9.18% over the last month, and its yearly performance shows a −24.53% decrease. See more dynamics on COPX price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.24% decrease in three-month performance and has decreased by −20.14% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.24% decrease in three-month performance and has decreased by −20.14% in a year.
COPX fund flows account for 52.96 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
COPX invests in stocks. See more details in our Analysis section.
COPX expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, COPX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, COPX technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating COPX shows the sell signal. See more of COPX technicals for a more comprehensive analysis.
Today, COPX technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating COPX shows the sell signal. See more of COPX technicals for a more comprehensive analysis.
Yes, COPX pays dividends to its holders with the dividend yield of 1.71%.
COPX trades at a premium (0.23%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
COPX shares are issued by Mirae Asset Global Investments Co., Ltd.
COPX follows the Solactive Global Copper Miners Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 19, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.