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Global X Copper Miners ETF (COPX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37954Y8306

CUSIP

00037954Y830

Issuer

Global X

Inception Date

Apr 19, 2010

Region

Global (Broad)

Category

Materials

Leveraged

1x

Index Tracked

Solactive Global Copper Miners Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

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


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


-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-10.10%
12.92%
COPX (Global X Copper Miners ETF)
Benchmark (^GSPC)

Returns By Period

Global X Copper Miners ETF had a return of 14.50% year-to-date (YTD) and 25.94% in the last 12 months. Over the past 10 years, Global X Copper Miners ETF had an annualized return of 7.36%, while the S&P 500 had an annualized return of 11.16%, indicating that Global X Copper Miners ETF did not perform as well as the benchmark.


COPX

YTD

14.50%

1M

-6.67%

6M

-10.09%

1Y

25.94%

5Y (annualized)

21.05%

10Y (annualized)

7.36%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of COPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.49%-0.58%17.93%7.87%5.29%-6.07%-3.04%-0.91%9.07%-7.57%14.50%
202316.54%-8.28%2.22%2.01%-12.38%10.30%10.89%-9.32%-3.83%-9.78%4.66%10.18%8.38%
20221.35%13.87%6.83%-12.02%-1.25%-21.44%0.36%-2.10%-5.33%1.45%26.23%-1.01%-0.76%
2021-2.17%24.51%-3.84%10.97%4.51%-9.53%1.88%-2.46%-7.37%9.12%-4.85%5.03%23.39%
2020-13.93%-10.81%-24.17%21.81%7.91%13.92%12.41%12.00%-6.71%3.76%25.30%13.91%51.66%
201911.91%6.49%0.18%-1.28%-14.74%14.26%-8.56%-12.99%3.38%2.16%3.72%12.38%12.48%
20182.63%-3.08%-4.50%-0.19%-1.00%-6.04%0.25%-11.87%3.66%-12.54%2.17%-4.82%-31.31%
201723.45%-5.06%-4.31%-4.64%-5.52%3.81%19.83%5.33%-6.16%2.98%-4.49%13.69%38.92%
2016-15.24%19.08%18.37%21.83%-15.59%6.20%12.91%-8.91%5.84%4.55%21.18%-5.35%70.35%
2015-17.12%18.36%-6.09%17.85%-8.89%-5.63%-18.34%-7.49%-18.40%19.00%-16.53%-5.31%-45.88%
2014-5.44%7.34%-4.10%2.19%6.33%2.62%5.01%-5.15%-11.65%-7.49%-3.86%-5.37%-19.61%
20130.72%-9.15%-3.95%-7.60%-3.12%-15.53%0.46%4.43%5.36%2.03%-8.53%5.78%-27.49%

Expense Ratio

COPX features an expense ratio of 0.65%, falling within the medium range.


Expense ratio chart for COPX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of COPX is 26, suggesting that the investment has average results relative to other ETFs 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 2626
Combined Rank
The Sharpe Ratio Rank of COPX is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of COPX is 2626
Sortino Ratio Rank
The Omega Ratio Rank of COPX is 2424
Omega Ratio Rank
The Calmar Ratio Rank of COPX is 3838
Calmar Ratio Rank
The Martin Ratio Rank of COPX is 1919
Martin 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.


Sharpe ratio
The chart of Sharpe ratio for COPX, currently valued at 0.75, compared to the broader market0.002.004.000.752.54
The chart of Sortino ratio for COPX, currently valued at 1.22, compared to the broader market-2.000.002.004.006.008.0010.0012.001.223.40
The chart of Omega ratio for COPX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.47
The chart of Calmar ratio for COPX, currently valued at 0.91, compared to the broader market0.005.0010.0015.000.913.66
The chart of Martin ratio for COPX, currently valued at 2.07, compared to the broader market0.0020.0040.0060.0080.00100.002.0716.26
COPX
^GSPC

The current Global X Copper Miners ETF Sharpe ratio is 0.75. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X Copper Miners ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.75
2.54
COPX (Global X Copper Miners ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X Copper Miners ETF provided a 1.29% dividend yield over the last twelve months, with an annual payout of $0.55 per share.


0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.55$0.90$1.11$0.55$0.39$0.28$0.47$0.43$0.12$0.14$0.51$0.20

Dividend yield

1.29%2.39%3.14%1.48%1.30%1.37%2.58%1.56%0.59%1.20%2.31%0.70%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.16$0.00$0.00$0.00$0.00$0.00$0.16
2023$0.00$0.00$0.00$0.00$0.00$0.51$0.00$0.00$0.00$0.00$0.00$0.39$0.90
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$1.11
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$0.55
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$0.39
2019$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.06$0.28
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$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$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$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$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$0.51
2013$0.20$0.20

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-18.55%
-0.88%
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 18.55%.


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
-26.57%May 21, 202475Sep 6, 2024
-15.82%Feb 8, 201126Mar 16, 201114Apr 5, 201140
-9.1%Nov 12, 201012Nov 30, 20104Dec 6, 201016

Volatility

Volatility Chart

The current Global X Copper Miners ETF volatility is 11.30%, 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%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
11.30%
3.96%
COPX (Global X Copper Miners ETF)
Benchmark (^GSPC)