(COPX) Copper Miners - NYSE

The Global X Copper Miners ETF (COPX) is a passively managed exchange-traded fund that invests at least 80% of its total assets in securities of its underlying index, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) representing those securities. The underlying index is designed to track the broad-based equity performance of global companies engaged in the copper mining industry. The fund is structured as non-diversified, meaning it may concentrate its holdings in a smaller number of issuers than a diversified fund.

Copper mining is a core segment of the broader materials and natural resources sector, supplying metal used in electrical wiring, construction, industrial machinery, and consumer goods. The industry has also attracted increased investor interest in recent years due to coppers role in the energy transition, particularly its use in electric vehicles, charging infrastructure, and renewable energy systems such as wind and solar power generation.

Because the underlying index spans global copper miners, COPX provides exposure to both large multinational producers and smaller exploration- and development-stage companies, often through ADRs and GDRs listed in international markets. The non-diversified structure means investors are taking concentrated exposure to copper price cycles, mining company profitability, and country-specific operational risks associated with major producing regions such as Chile, Peru, and the Democratic Republic of Congo.