(COPX) Global X Copper Miners - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US37954Y8306 • Natural Resources
COPX: Copper, Mining, Stocks, Equities, Metals, Minerals
The Global X Copper Miners ETF, listed on the NYSE ARCA under the ticker COPX, is a targeted investment vehicle that allocates a minimum of 80% of its total assets to securities included in its underlying index. This index is specifically designed to track the equity performance of companies worldwide that are primarily engaged in copper mining. The fund also invests in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on the securities in the underlying index, providing a broader reach into global markets. By focusing on copper mining companies, the ETF offers investors a way to gain exposure to the copper industry, which is critical for various sectors including construction, electronics, and renewable energy.
As a non-diversified fund, the Global X Copper Miners ETF concentrates its investments in a specific segment of the market, which can result in higher volatility compared to more diversified funds. However, this focus can also provide the potential for higher returns if the copper mining industry experiences significant growth. The fund's structure as an exchange-traded fund (ETF) allows it to offer the flexibility and transparency of a stock, with the diversification benefits of a mutual fund. Investors can find more information about the fund on the company's website at http://www.globalxfunds.com. With its domicile in the United States and an ISIN of US37954Y8306, the Global X Copper Miners ETF is categorized under Natural Resources ETFs, making it a unique option for those looking to invest in the commodities sector, specifically in copper mining.
The ETF's investment approach is built around its underlying index, which is designed to measure the broad-based equity market performance of global copper mining companies. This means the fund's performance is closely tied to the health and profitability of the copper mining industry. Factors such as demand for copper, production costs, and geopolitical events affecting major copper-producing countries can all impact the fund's performance. For investors looking to gain exposure to the copper market or to diversify their portfolio with a commodity-focused ETF, the Global X Copper Miners ETF provides a direct and targeted investment opportunity. Its listing on the NYSE ARCA under the ticker COPX makes it easily accessible to a wide range of investors.
Additional Sources for COPX ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
COPX ETF Overview
Market Cap in USD | 2,599m |
Category | Natural Resources |
TER | 0.65% |
IPO / Inception | 2010-04-19 |
COPX ETF Ratings
Growth 5y | 68.2% |
Fundamental | - |
Dividend | 51.9% |
Rel. Strength Industry | 125 |
Analysts | - |
Fair Price Momentum | 37.32 USD |
Fair Price DCF | - |
COPX Dividends
Dividend Yield 12m | 1.76% |
Yield on Cost 5y | 4.26% |
Annual Growth 5y | 11.83% |
Payout Consistency | 73.2% |
COPX Growth Ratios
Growth Correlation 3m | -83.6% |
Growth Correlation 12m | 8.2% |
Growth Correlation 5y | 76.9% |
CAGR 5y | 19.35% |
CAGR/Mean DD 5y | 1.25 |
Sharpe Ratio 12m | 0.41 |
Alpha | -17.80 |
Beta | 1.19 |
Volatility | 30.81% |
Current Volume | 2593.2k |
Average Volume 20d | 1023.6k |
As of January 23, 2025, the stock is trading at USD 39.21 with a total of 2,593,200 shares traded.
Over the past week, the price has changed by -1.28%, over one month by +1.11%, over three months by -13.31% and over the past year by +15.71%.
Yes. Based on ValueRay Analyses, Global X Copper Miners (NYSE ARCA:COPX) is currently (January 2025) a good stock to buy. It has a ValueRay Growth Rating of 68.15 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of COPX as of January 2025 is 37.32. This means that COPX is currently overvalued and has a potential downside of -4.82%.
Global X Copper Miners has no consensus analysts rating.
According to ValueRays Forecast Model, COPX Global X Copper Miners will be worth about 41.8 in January 2026. The stock is currently trading at 39.21. This means that the stock has a potential upside of +6.5%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 41.8 | 6.5% |