Do COPX and KWH hold the same stocks?

By their latest filings, 1% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, COPX or KWH?

COPX has 5% of its weight in S&P 500 names and KWH has 41%, so COPX differs more from the index.

Which is cheaper, COPX or KWH?

COPX charges 0.65% a year and KWH charges 0.60%, so KWH is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

COPX vs KWH: Holdings Overlap & Returns

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COPX and KWH hold 1% of their weight in the same names.

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Net assets: $7.3bn on Oct 12, 2026 for Global X Copper Miners ETF, and $58m on Aug 31, 2026 for GMO Power Infrastructure ETF.

COPX on its own →KWH on its own →

At a glance

4.8%

COPX in the S&P 500

41.4%

KWH in the S&P 500

+32.1%

COPX total return, 1 year

−6.1%

KWH total return, since launch, Jul 15, 2026

COPX · 1 year to Nov 4, 2026 95% of its weight is outside the S&P 500

5% of COPX's weight is in S&P 500 companies and 95% is outside the index. Holdings as of Jul 31, 2026.

KWH · 3 months to Nov 4, 2026 59% of its weight is outside the S&P 500

41% of KWH's weight is in S&P 500 companies and 59% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

KWH costs 0.05 points a year less.

Points (pts) are percentage points.

COPX vs KWH: Holdings Overlap & Returns
Measure	COPX	KWH
Return
Measure	COPX	KWH
Total return, 1 year	+32.1%	not published
Drawdown
Measure	COPX	KWH
Below its all-time high	22.7%, high on Aug 27, 2026	8.5%, high on Aug 17, 2026
Against its benchmark
Measure	COPX	KWH
What it tracks	Copper	Electrification and the grid
Its benchmark, total return, 1 year	+15.0%
Against its benchmark, 1 year	ahead by 17.1 pts
Cost and size
Measure	COPX	KWH
Expense ratio	0.65%	0.60%
Net assets, COPX as of Oct 12, 2026 and KWH as of Aug 31, 2026	$7.3bn	$58m
Holdings
Measure	COPX	KWH
Holdings in common	1%

Method

What they share

By the books each fund has filed, COPX and KWH hold 1% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

1% in common

Positions both hold · largest shared weight first COPX KWH

FREEPORT-MCMORAN INC. 4.76% 1.24%

Only in one fund ↓

Only in COPX

BHP GROUP LIMITED 5.48%

Teck Resources Limited 5.39%

Hudbay Minerals Inc. 5.26%

SOUTHERN COPPER CORPORATION 5.08%

FIRST QUANTUM MINERALS LTD. 5.04%

GLENCORE PLC 5.02%

ANTOFAGASTA PLC 5.00%

KGHM POLSKA MIEDZ SPOLKA AKCYJNA 4.76%

Only in KWH

Schneider Electric SE 5.14%

Siemens AG 4.68%

Eaton Corp PLC 3.43%

Trane Technologies PLC 2.69%

Enel SpA 2.52%

NextEra Energy Inc 2.52%

Iberdrola SA 2.51%

Vestas Wind Systems A/S 2.50%

Check overlap with more funds →

Window by window

Window by window: COPX vs KWH: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	COPX	KWH	COPX	KWH
3 months	−14.0%	−6.7%	−12.7 pts vs ACWI	not measured
6 months	−10.5%	–	−13.1 pts vs ACWI	–
1 year	+32.1%	–	+17.1 pts vs ACWI	–
3 years	+132.4%	–	+54.8 pts vs ACWI	–
Since launchNot the same days: COPX Apr 2010 · KWH Jul 2026	+139.4%	−6.1%	−253.5 pts vs ACWI	not measured

– means no data for this window. Open this comparison in the app →

Side by side

COPX Global X Copper Miners ETF · Holds 40 stocks in copper, 5% of its weight in S&P 500 companies KWH GMO Power Infrastructure ETF · Holds 74 stocks in electrification and the grid, 41% of its weight in S&P 500 companies

Issuer Global X GMO

Theme Copper Electrification and the grid

In the S&P 500 4.8% 41.4%

Active share vs the S&P 500 99.9% 96.9%

In the Nasdaq-100 0.0% 4.9%

Holdings 40 74

Top ten, share of the fund 50.3% 30.8%

Expense ratio 0.65% 0.60%

Fee for the differing part 0.65% 0.62%

Total return, 1 year +32.1% −6.1% (since launch, Jul 15, 2026)

vs its benchmark +17.1 pts vs ACWI not measured

Below its high −22.7% −8.5%

Net assets, COPX as of Oct 12, 2026 and KWH as of Aug 31, 2026 $7.3bn $58m

As of Nov 4, 2026. Source: ETFIQ.

1% of the two portfolios are the same securities at the same weight.

Alert

About each fund

COPX

By weight, 5% of COPX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 50% of the fund across 40 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +32.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 17.1 pts. It sits 22.7% below its all-time high of Aug 27, 2026.

KWH

By weight, 41% of KWH's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 31% of the fund across 74 positions, as filed for Aug 31, 2026. Since it first traded on Jul 15, 2026 the fund returned −6.1% with distributions reinvested. It sits 8.5% below its all-time high of Aug 17, 2026.

Questions people ask

Do COPX and KWH hold the same stocks?: By their latest filings, 1% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, COPX or KWH?: COPX has 5% of its weight in S&P 500 names and KWH has 41%, so COPX differs more from the index.
Which is cheaper, COPX or KWH?: COPX charges 0.65% a year and KWH charges 0.60%, so KWH is cheaper. Fees come from each fund's prospectus.

Other comparisons

COPX vs JOUL COPX vs POW COPX vs TPZ COPX vs ELFY KWH vs ICOP KWH vs EMET KWH vs COPJ KWH vs COPA

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →COPX on its own →KWH on its own →COPX dividend history →COPX holdings →KWH holdings →Method →Standards and sources →

Sources and dates

COPX filings on SEC EDGAR ↗

COPX prospectus with the expense ratio (SEC) ↗

Global X page for COPX ↗

KWH filings on SEC EDGAR ↗

KWH prospectus with the expense ratio (SEC) ↗

GMO website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, COPX against KWH, data as of Nov 4, 2026. https://etfiq.com/compare/themes/copx-vs-kwh

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.