COPJ

Sprott Junior Copper Miners ETF

$35.17
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Sprott Junior Copper Miners ETF (COPJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Copper Junior Miners Index.

Overview

ETF tracking Sprott Junior Copper Miners ETF

Category Other
Issuer Other
Inception Date 2023-02-02
Market Cap $27.1M
Average Volume N/A
Dividend Yield 6.11%
52-Week Range $16.41 - $38.61
VWAP $34.96

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Sprott Junior Copper Miners ETF (COPJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Copper Junior Miners Index.

🎯 Investment Strategy

The ETF invests primarily in the equity securities of junior copper mining companies. The fund's investment strategy is to track the performance of the underlying index, which is designed to measure the performance of a selection of publicly traded junior copper mining companies.

✨ Key Features

  • Provides exposure to a basket of junior copper mining companies
  • Tracks the Nasdaq Copper Junior Miners Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the junior copper mining industry
  • Volatility risk as junior mining stocks can be highly speculative
  • Liquidity risk due to the small size and trading volume of the fund
  • Commodity price risk as copper prices can fluctuate significantly

👤 Best For

This ETF may be suitable for investors seeking exposure to the junior copper mining sector as part of a diversified portfolio. However, due to the speculative nature of the underlying companies, it is best suited for investors with a higher risk tolerance and a longer investment horizon.