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Upturn AI Summary
Global X Copper Miners ETF(COPX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for COPX
10/02/2026: COPX (2-star) is currently NOT-A-BUY. Pass it for now.
Global X Copper Miners ETF (COPX) offers targeted exposure to global companies engaged in copper mining, utilizing a passive index-based approach to capture industry growth. Its primary strengths are high liquidity, a well-regarded issuer, and a thematic focus on the critical transition to green energy. It is intended for use as a tactical or thematic satellite position within a diversified portfolio rather than a core holding. Investors should be aware of high volatility, sector concentration, and sensitivity to global economic health. It best suits growth-oriented investors with high risk tolerance and an understanding of cyclical commodity trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Copper miners act as a levered play on industrial and clean energy growth cycles. |
| Momentum investor | Strong fit while signal remains positive | The ETF exhibits high beta characteristics that perform well during strong commodity bull markets. |
| Value investor | Mixed fit | While mining stocks can be cheap, they are often subject to commodity price cyclicality rather than traditional valuation metrics. |
| Dividend/Income investor | Mixed fit | Some miners pay dividends, but the primary focus of this fund is capital appreciation rather than consistent income. |
| Low-risk investor | Weak fit | The fund's high volatility makes it unsuitable for investors focused on capital preservation. |
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking thematic equity exposure to the energy transition and industrial metals sector with a medium-to-long-term time horizon.
Suitability
COPX is best suited for long-term thematic investors or active traders looking to capture cyclical swings in the copper mining industry.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Commodity-linked equities are subject to significant price swings based on global economic sentiment. |
| Market risk | High | The ETF is sensitive to macroeconomic conditions that affect global industrial activity. |
| Concentration | Medium / high | The fund is heavily concentrated in the mining sector, leaving it exposed to specific industry risks like labor strikes or regulation. |
| Tracking/expense | Low | As a passive fund, tracking error is generally minimal relative to the expense ratio. |
| Liquidity | Low | The ETF itself is very liquid, though individual mining stocks can experience liquidity issues during market stress. |
| Business/sector quality | Medium | Mining is a capital-intensive industry with cyclical profitability and geopolitical exposure. |
Risk Analysis
Volatility
COPX historically exhibits higher volatility than the broader equity market due to its reliance on cyclical commodity prices.
Market Risk
The fund is subject to significant market risk, specifically related to the industrial demand for base metals and global economic cycles.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Industry | Copper Mining and Exploration Equities | 98.5 | This represents the core equity holdings of major and mid-tier copper miners, providing direct sensitivity to copper prices. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | Minimal cash held for liquidity and operational purposes. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type ETF | Historic Profit 6.91% | Avg. Invested days 43 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $7.40B |
| Issuer | Global X Funds |
| Expense Ratio | 0.65% |
| Distribution Yield | 2.07% |
| Inception | Apr 19, 2010 |
Performance
| Period | Total Return |
|---|---|
| YTD | +21.22% |
| 1 Year | +58.37% |
| 3 Year | +36.33% |
| 5 Year | +23.07% |
| 10 Year | +20.27% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 44.98% |
| 3Y Volatility | 34.01% |
| 3Y Sharpe Ratio | 0.98 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Sustainability Rating | 1 / 5 |
| Benchmark | MSCI ACWI NR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Large Cap | 44.14% |
| Mid Cap | 31.82% |
| Mega Cap | 13.75% |
| Small Cap | 8.73% |
| Micro Cap | 0.77% |
Top Sectors
| Sector | Weight |
|---|---|
| Basic Materials | 97.31% |
| Industrials | 2.56% |
| Consumer Defensive | 0.12% |
| Consumer Cyclicals | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 16.23x |
| Portfolio P/B | 2.39x |
| Portfolio P/S | 1.43x |
| Holdings Turnover | 23.73% |
Top Holdings
| Holding | Weight |
|---|---|
| HudBay Minerals | 5.82% |
| Teck Resources | 5.43% |
| First Quantum Minerals | 5.36% |
| Southern Copper | 5.31% |
| Freeport-McMoran Copper & Gold | 5.08% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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