Global X Copper Miners ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$35.98
- Net Assets:$0 Million
- NAV:$36.44
- Premium-1.26%
- Peer Rank:14 of 32
- Investment Rating:D+
- Performance:D+
- RiskC+
We rate Global X Copper Miners ETF at D+. Negative factors that influence this rating include a below average total return. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Precious Metals strategy.
Total return ranks below peers over the last three years. The Global X Copper Miners ETF has returned an annual rate of 0.62% since inception. More recently, the fund has generated a total return of 14.02% in the last five years, 2.51% in the last three years, and -7.53% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 90% of them. It has also outpaced 48% of its competitors on a three year basis and 7% of them over the last year for the period ending 2/29/2024. On a year to date basis, COPX has returned -2.80%.
Downside risk has been above average. COPX has a draw down risk of -37.90%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 33.2%. This fund has experienced excessive volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As COPX is an exchange traded fund, it has no front end or back end load.
The Global X Copper Miners ETF is managed by Nam To at Global X Management Company LLC. This fund is one of 69 Global X Management Company LLC exchange-traded funds launched since 2/5/2009 that we track.