Global X Copper Miners

ETF description

his ETF focuses on companies involved in the mining, refining, and production of copper, one of the most widely used metals in the world. Copper is essential in various industries, particularly in the production of electrical equipment, construction, and renewable energy technologies like wind turbines and electric vehicles. By investing in companies engaged in copper mining and production, this ETF aims to provide exposure to the global demand for copper, which tends to increase alongside industrial growth and infrastructure development.

The fund may appeal to investors who believe in the long‑term demand for copper, driven by trends such as urbanization, renewable energy adoption, and electric vehicle production. It could also be of interest to those looking for a way to invest in natural resources and commodities, specifically in a metal that plays a key role in the shift toward cleaner energy solutions.

Issuer details

Global X ETFs is a leading provider of specialized thematic and sector‑specific ETFs, with over $50 billion in assets under management as of June 2024. As a subsidiary of Mirae Asset Global Investments, Global X focuses on thematic investing. Founded in 2008 by Bruno del Ama, Global X ETFs is known for its focus on niche and innovative investment themes, allowing investors to access areas of the market experiencing rapid growth and transformation. Notable ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Global X Lithium & Battery Tech ETF (LIT), reflecting Global X’s commitment to providing exposure to cutting‑edge industries and trends.

Index details

The Solactive Global Copper Miners Total Return Index is designed to reflect the performance of the copper mining industry. It is comprised of selected companies globally that are actively engaged in some aspect of the copper mining industry, such as copper mining, refining, or exploration.