Theme · 6 funds

Copper ETFs: what each one holds

Funds that hold copper miners, the metal every wire, motor and data centre needs. 6 funds, largest first, measured by holdings rather than by name. The typical fund carries 10% of its weight in S&P 500 names, which is the 46th most of the 53 themes here with filed books.

The short answers

How many there are6US listed copper ETFs, as of Oct 9, 2026.
The largestCOPXGlobal X Copper Miners ETF, $7.1bn.
The cheapestCOPAThemes Copper Miners ETF, 0.35% a year.
Best one year total returnICOPiShares Copper and Metals Mining ETF, +43.2%.
Least like the S&P 500COPJSprott Junior Copper Miners ETF, 0.0% of its weight in S&P 500 companies.
Closest pairCOPA and COPX50% of their weight in the same companies.

What these funds actually own

Between them the 6 funds' ten largest holdings name 43 companies, of which 9 appear in more than one. FREEPORT-MCMORAN INC is among the ten largest of 5 of them, at an average of 11.1% of the fund.

CompanyIn the top ten ofAvg weightLargest, and where
FREEPORT-MCMORAN INC FCX 5 of 6 11.1% 24.7% in COPP
SOUTHERN COPPER CORP SCCO 4 of 6 5.0% 5.4% in COPX
ANTOFAGASTA PLC ANTO 3 of 6 5.2% 8.1% in COPP
LUNDIN MINING LUN 3 of 6 4.1% 4.6% in COPP
FIRST QUANTUM MINERALS FM 3 of 6 3.9% 4.2% in COPP
Teck Resources Ltd. TECK 2 of 6 8.6% 10.4% in COPP
BHP GROUP LTD BHP 2 of 6 6.0% 8.0% in ICOP
ANGLO AMERICAN PLC AAL 2 of 6 6.0% 8.4% in ICOP
Hudbay Minerals Inc. HBM 2 of 6 4.7% 5.1% in COPP
Anglo American Plc 1 of 6 8.6% 8.6% in EMET
GRUPO MEXICO B 1 of 6 8.4% 8.4% in ICOP
Grupo Mexico Sab De Cv 1 of 6 7.6% 7.6% in EMET
TECK RESOURCES SUBORDINATE VOTING TECK.B 1 of 6 5.8% 5.8% in ICOP
HUDBAY MINERALS INC 1 of 6 5.6% 5.6% in COPX
TECK RESOURCES LTD-CLS B 1 of 6 5.5% 5.5% in COPX

Copper ETFs, the companies their ten largest holdings name. Source: each fund's latest SEC filing or its issuer’s own daily holdings file, read by ETFIQ.

How this is counted

The 15 most widely held of 43. Each fund files its whole book and this counts the ten largest out of it, so a fund missing from a row may still hold that company below its own tenth position. Weights are of the funds that name it, never of the theme.

How much of each fund is the S&P 500
COPX
5.2%
ICOP
13.4%
COPP
24.7%
COPJ
0.0%
EMET
10.8%
COPA
8.5%

Share of each fund's weight in companies that are also in the S&P 500. Above half, a theme fund is mostly the S&P 500 under a different name.

One year total return, the 6 with a full year
COPX
+37.6% +20.3 pts
ICOP
+43.2% +25.9 pts
COPP
+43.0% +25.8 pts
COPJ
+35.9% +18.7 pts
EMET
+27.4% +10.1 pts
COPA
+41.2% +23.9 pts

White marker is the S&P 500 over the same days, +17.3%. Last column is the gap in points.

The 6 largest copper ETFs

ETFIQ covers 6 copper ETFs. The largest are COPX ($7.1bn), ICOP ($464m) and COPP ($275m); fees run 0.35% to 0.75%, as of .

  1. 1COPX$7.1bn0.65%Global X Copper Miners ETF
  2. 2ICOP$464m0.47%iShares Copper and Metals Mining ETF
  3. 3COPP$275m0.66%Sprott Copper Miners ETF
  4. 4COPJ$157m0.75%Sprott Junior Copper Miners ETF
  5. 5EMET$34m0.62%VanEck Copper and Electrification Metals ETF
  6. 6COPA$13m0.35%Themes Copper Miners ETF

Every copper ETF, largest first

Click a column to sort
Net assets
TickerFundIssuerNet assets ↓In the S&P 500Active shareTotal return 1Yvs S&P 500Fee
COPXGlobal X Copper Miners ETF →Global X$7.1bn5.2%99.9%+37.6%+20.3 pts0.65%
ICOPiShares Copper and Metals Mining ETF →iShares$464m13.4%99.7%+43.2%+25.9 pts0.47%
COPPSprott Copper Miners ETF →Sprott$275m24.7%99.9%+43.0%+25.8 pts0.66%
COPJSprott Junior Copper Miners ETF →Sprott$157m0.0%100.0%+35.9%+18.7 pts0.75%
EMETVanEck Copper and Electrification Metals ETF →VanEck$34m10.8%99.8%+27.4%+10.1 pts0.62%
COPAThemes Copper Miners ETF →Themes$13m8.5%99.9%+41.2%+23.9 pts0.35%
Copper ETFs: what each one holds, as of Oct 9, 2026. Source: ETFIQ.COPX →ICOP →COPP →COPJ →EMET →COPA →

How much of each pair is the same fund

The closest pair is COPA and COPX, which hold 50% of their weight in the same companies. The furthest apart is COPJ and EMET at 1%. The middle pair of the 15 is 40%.

COPXICOPCOPPCOPJEMETCOPACOPX
31%
48%
7%
40%
50%
ICOP
31%
44%
4%
35%
46%
COPP
48%
44%
13%
44%
45%
COPJ
7%
4%
13%
1%
17%
EMET
40%
35%
44%
1%
42%
COPA
50%
46%
45%
17%
42%

Copper ETFs, the share of each pair’s weight held in the same companies. Read across or down; the figure is the same either way. Cells are shaded against the closest pair here, 50%. Source: each fund’s own filed or daily holdings, read by ETFIQ.

How to read the grid

Weight overlap is the sum, over every company both funds hold, of the smaller of the two weights. Funds whose published book is cut short are left out rather than compared short, which would read as two funds being more different than they are.

What each fund holds alone

The largest holding no other fund in the grid holds, and how much of the fund is in names none of the others own.

FundLargest holding it alone hasWeightAll its own names
COPX TECK RESOURCES LTD-CLS B 5.5%
23.3%
ICOP GRUPO MEXICO B 8.4%
34.6%
COPP Sprott Physical Copper Trust 5.2%
6.7%
COPJ Cascadia Minerals Ltd. CAM 0.4%
1.9%
EMET Grupo Mexico Sab De Cv 7.6%
37.5%
COPA Jiujiang Defu Technology Co Lt 301511 3.8%
17.9%

Copper ETFs, the largest holding no other fund in the grid holds. Source: ETFIQ.

Questions people ask

How many copper ETFs are there?
ETFIQ covers 6 US listed copper ETFs as of Oct 9, 2026. That is every one it can measure from the fund’s own published holdings.
What is the largest copper ETF?
COPX, Global X Copper Miners ETF, at $7.1bn in net assets, the largest of the 6 copper ETFs with a published size as of Oct 9, 2026.
What is the cheapest copper ETF?
COPA, Themes Copper Miners ETF, at 0.35% a year, the lowest fee of the 6 copper ETFs that publish one.
Which copper ETF has performed best over the past year?
ICOP, iShares Copper and Metals Mining ETF, at +43.2% total return over the year to Oct 9, 2026, the highest of the 6 copper ETFs with a full year of trading behind them. Past returns do not predict future ones.
What do copper ETFs hold?
Funds that hold copper miners, the metal every wire, motor and data centre needs. Between them the 6 copper ETFs ETFIQ can read name 43 companies in their ten largest holdings, most widely FREEPORT-MCMORAN INC, which is among the ten largest of 5 of them.
Do copper ETFs hold the same companies?
It depends which two. Across the 15 pairs of the 6 copper ETFs with a full published book, COPA and COPX hold 50% of their weight in the same companies, COPJ and EMET hold 1%, and the middle pair holds 40%. Two funds sold on one theme are not the same fund.

What the issuers say about this theme

About these links

The houses behind these copper funds publish their own work on the subject. These are their pages and their words, not ETFIQ’s, and a fund company writing about a theme it sells a fund on is making a case. Read them that way.

Issuer material on this theme. Links leave ETFIQ. Source: each issuer’s own site.

Cite this page

ETFIQ, Copper ETFs: what each one holds, data as of Oct 9, 2026. https://etfiq.com/themes/copper

Open data →

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.