COPX fell -3.49% (-$3.03) to $83.70 in early regular-session trading, versus the prior close of $86.73. The drop occurred during market hours, tracking a broad selloff across copper miners.
Sprott Copper Miners ETF (COPP) offers pure-play exposure to copper miners plus an allocation to physical copper, distinguishing it from the equity-only focus of Global X Copper Miners ETF (COPX). Both ETFs track copper mining indices with similar expense ratios (COPP at 0.66% and COPX at 0.65%), but COPX provides broader global diversification through approximately 40 holdings compared to COPP’s more concentrated selection.
COPX is targeting a potential move toward $110 , roughly 25–27% above its recent trading range near $86–88. The ETF's 52-week high of $99.99 means the psychological $100 level is the first major barrier on the path to $110.
COPX tracks a copper miners-specific index with approximately 40 holdings, emphasizing pure-play copper producers, while ICOP follows a broader copper and metals mining index with around 46-65 holdings that include diversified miners. ICOP offers a lower expense ratio of 0.47% compared to COPX’s 0.65%, potentially improving net returns for long-term investors in similar thematic exposure.
COPX tracks the Solactive Global Copper Miners Index, offering diversified exposure to roughly 40 global copper mining, exploration, and refining companies. Largest holdings include FCX (Freeport-McMoRan), Antofagasta, Zijin Mining, Lundin Mining, and Ivanhoe Mines, with roughly 95% of assets concentrated in the materials sector.
URNJ has climbed roughly 27% over the trailing 30 days, rebounding from a late-July low near $20.88 to approximately $27.96. The trailing quarter has been more volatile than the headline move suggests, with the fund roughly flat after a sharp mid-summer drawdown and recovery.
COPX advanced roughly +18% over the past 30 days, extending a gain of about +13% over the prior three months as copper prices tested record levels. The rally was driven primarily by a tightening copper supply outlook, including mine disruptions in Chile and a copper-concentrate export ban in the Democratic Republic of Congo.
NLR closed up +4.71% to $119.94 on Friday, August 21, gaining +$5.39 from the prior session's $114.55 close. The advance occurred during the regular trading session, tracking a broad rally across uranium and nuclear equities.
REMX closed up +6.69% during Friday's regular session, rising to $80.75 from $75.69. Primary catalyst: China announced new export-license controls on rare-earth products Thursday, and President Trump threatened higher tariffs, boosting U.S.-based critical-minerals names.
NLR rose approximately 13.3% over the 30 days through mid-August 2026, from roughly $104.20 to $118.10 per share. The advance is a sharp rebound within a longer correction; the fund remains about 8.9% lower over the trailing three months.
REMX is a passive exchange-traded fund (ETF) tracking the MVIS Global Rare Earth/Strategic Metals Index, with roughly 36 holdings and near-total exposure to basic materials. The fund closed at $78.55 on August 14, 2026, rising about 8.1% over the latest 30-day window but remaining roughly 21% below its mid-May level.
COPX surged approximately 18% over the last 30 days, driven by a powerful rally in copper prices that pushed LME copper above $14,000 per tonne and near all-time highs. Over the last quarter, the ETF experienced a sharp V-shaped recovery — declining through June and early July before rebounding forcefully, leaving it modestly higher on a net basis.
Persistent global copper supply deficits, projected at 330,000 metric tons in 2026 by J. P.
The image presents a time-series chart of the US Equity Sentiment Indicator from 2009 to 2025, depicting fluctuations in investor sentiment over time.
This week, global markets saw major shifts. The FTSE 100 hit a record high, while US stocks struggled amid economic uncertainties. Cryptos surged, commodities dipped, and sector performances varied. Stay ahead with key insights into market trends!
This rally had a positive impact on a number of ETFs, but one that caught my eye recently was the SPDR S&P Metals and Mining ETF (NYSE: XME).The XME rallied from the $24 area to a recent high of $28.55.
Unfortunately, the rally simply brought the XME up to a downward sloped trend line that connects the highs from February and April.
The Materials Select Sector SPDR (NYSE: XLB) is up 13.23% so far in 2019, but that places it in seventh place among the 10 select sectors SPDR ETFs.The tech sector has experienced a gain of 27.2% so far this year and that is the top performance of the group.
Even though it has lagged so far this year, the XLB could be ready to make up some ground on the other sectors.