Global X Copper Etf Profile
| COPX Etf | USD 39.13 0.05 0.13% |
PerformanceVery Weak
| Odds Of DistressLow
|
Global X is trading at 39.13 as of the 26th of February 2025; that is 0.13 percent decrease since the beginning of the trading day. The etf's open price was 39.18. Global X has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The fund invests at least 80 percent of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx Copper is traded on NYSEARCA Exchange in the United States. More on Global X Copper
Moving together with Global Etf
Global Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Materials ETFs, Sector ETFs, Natural Resources, Global X Funds (View all Sectors) |
| Issuer | Global X |
| Inception Date | 2010-04-19 |
| Benchmark | Solactive Global Copper Miners Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.77 Billion |
| Average Trading Valume | 1.22 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Global X Management Company LLC |
| Advisor | Global X Management Company LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Chang Kim, James Ong, Nam To |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 48.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 2.85 |
| Name | Global X Copper Miners ETF |
| Currency Code | USD |
| Open Figi | BBG000QRNHZ0 |
| In Threey Volatility | 33.19 |
| 1y Volatility | 27.6 |
| 200 Day M A | 43.3658 |
| 50 Day M A | 39.865 |
| Code | COPX |
| Updated At | 25th of February 2025 |
| Currency Name | US Dollar |
Global X Copper [COPX] is traded in USA and was established 2010-04-19. The fund is listed under Natural Resources category and is part of Global X Funds family. The entity is thematically classified as Materials ETFs. Global X Copper currently have 1.32 B in assets under management (AUM). , while the total return for the last 3 years was 1.1%.
Check Global X Probability Of Bankruptcy
Geographic Allocation (%)
Global X Copper Currency Exposure
Global X Copper holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X Copper.
Top Global X Copper Etf Constituents
| FCX | Freeport McMoran Copper Gold | Stock | Materials | |
| JIAXF | Jiangxi Copper | Pink Sheet | Copper | |
| SCCO | Southern Copper | Stock | Materials | |
| ZIJMF | Zijin Mining Group | Pink Sheet | Gold |
Global X Copper Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.18) |
Global X Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Global X Copper. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Global X Copper is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.