PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Global X Copper Miners ETF (COPX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS37954Y8306
CUSIP00037954Y830
IssuerGlobal X
Inception DateApr 19, 2010
RegionGlobal (Broad)
CategoryMaterials
Index TrackedSolactive Global Copper Miners Index
Home Pagewww.globalxetfs.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

The Global X Copper Miners ETF has a high expense ratio of 0.65%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.65%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Global X Copper Miners ETF

Popular comparisons: COPX vs. REMX, COPX vs. BHP, COPX vs. FXZ, COPX vs. FTRI, COPX vs. SLX, COPX vs. CPER, COPX vs. GDX, COPX vs. LIT, COPX vs. VTI, COPX vs. VUG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Global X Copper Miners ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%100.00%200.00%300.00%NovemberDecember2024FebruaryMarchApril
39.76%
319.31%
COPX (Global X Copper Miners ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Global X Copper Miners ETF had a return of 22.16% year-to-date (YTD) and 12.78% in the last 12 months. Over the past 10 years, Global X Copper Miners ETF had an annualized return of 6.91%, while the S&P 500 had an annualized return of 10.53%, indicating that Global X Copper Miners ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date22.16%6.12%
1 month10.15%-1.08%
6 months30.72%15.73%
1 year12.78%22.34%
5 years (annualized)16.66%11.82%
10 years (annualized)6.91%10.53%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-3.49%-0.58%17.93%
2023-3.83%-9.78%4.66%10.18%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of COPX is 34, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of COPX is 3434
Global X Copper Miners ETF(COPX)
The Sharpe Ratio Rank of COPX is 3232Sharpe Ratio Rank
The Sortino Ratio Rank of COPX is 3535Sortino Ratio Rank
The Omega Ratio Rank of COPX is 3333Omega Ratio Rank
The Calmar Ratio Rank of COPX is 4040Calmar Ratio Rank
The Martin Ratio Rank of COPX is 2929Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X Copper Miners ETF (COPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


COPX
Sharpe ratio
The chart of Sharpe ratio for COPX, currently valued at 0.45, compared to the broader market0.002.004.000.45
Sortino ratio
The chart of Sortino ratio for COPX, currently valued at 0.85, compared to the broader market-2.000.002.004.006.008.0010.000.85
Omega ratio
The chart of Omega ratio for COPX, currently valued at 1.09, compared to the broader market1.001.502.002.501.09
Calmar ratio
The chart of Calmar ratio for COPX, currently valued at 0.39, compared to the broader market0.002.004.006.008.0010.0012.000.39
Martin ratio
The chart of Martin ratio for COPX, currently valued at 1.02, compared to the broader market0.0020.0040.0060.0080.001.02
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market0.002.004.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.65, compared to the broader market0.0020.0040.0060.0080.007.65

Sharpe Ratio

The current Global X Copper Miners ETF Sharpe ratio is 0.45. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
0.45
1.89
COPX (Global X Copper Miners ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X Copper Miners ETF granted a 1.95% dividend yield in the last twelve months. The annual payout for that period amounted to $0.90 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.90$0.90$1.11$0.55$0.39$0.28$0.47$0.43$0.12$0.14$0.51$0.20

Dividend yield

1.95%2.39%3.14%1.48%1.30%1.37%2.59%1.57%0.60%1.20%2.31%0.71%

Monthly Dividends

The table displays the monthly dividend distributions for Global X Copper Miners ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.50$0.00$0.00$0.00$0.00$0.00$0.39
2022$0.00$0.00$0.00$0.00$0.00$0.72$0.00$0.00$0.00$0.00$0.00$0.40
2021$0.00$0.00$0.00$0.00$0.00$0.16$0.00$0.00$0.00$0.00$0.00$0.39
2020$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.32
2019$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.05
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.47
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.43
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.51
2013$0.20

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-1.97%
-3.66%
COPX (Global X Copper Miners ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Copper Miners ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Copper Miners ETF was 83.16%, occurring on Jan 20, 2016. Recovery took 2068 trading sessions.

The current Global X Copper Miners ETF drawdown is 1.97%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-83.16%Apr 7, 20111204Jan 20, 20162068Apr 9, 20243272
-29.25%Apr 21, 201050Jul 1, 201054Sep 20, 2010104
-15.82%Feb 8, 201126Mar 16, 201114Apr 5, 201140
-9.1%Nov 12, 201012Nov 30, 20104Dec 6, 201016
-7.89%Jan 19, 20118Jan 28, 20116Feb 7, 201114

Volatility

Volatility Chart

The current Global X Copper Miners ETF volatility is 7.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2024FebruaryMarchApril
7.07%
3.44%
COPX (Global X Copper Miners ETF)
Benchmark (^GSPC)