COPP

Sprott Copper Miners ETF

$29.01
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Sprott Copper Miners ETF (COPP) seeks to provide investment results that correspond generally to the performance of the Solactive Global Copper Miners Total Return Index.

Overview

ETF tracking Sprott Copper Miners ETF

Category Other
Issuer Other
Inception Date 2024-03-06
Market Cap $41.5M
Average Volume N/A
Dividend Yield 1.83%
52-Week Range $15.61 - $30.64
VWAP $28.90

Performance

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Investment Summary

📎 Investment Objective

The Sprott Copper Miners ETF (COPP) seeks to provide investment results that correspond generally to the performance of the Solactive Global Copper Miners Total Return Index.

🎯 Investment Strategy

The ETF invests primarily in equity securities of global companies engaged in the copper mining industry. The fund uses a passive, index-replicating strategy to track the performance of the underlying index.

✨ Key Features

  • Provides exposure to global copper mining companies
  • Passively tracks the Solactive Global Copper Miners Total Return 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 copper mining industry
  • Exposure to commodity price fluctuations and volatility in the copper market
  • Potential for underperformance compared to the underlying index
  • Limited liquidity and trading volume due to small asset size

👤 Best For

The Sprott Copper Miners ETF may be suitable for investors seeking targeted exposure to the global copper mining industry as part of a diversified portfolio. However, due to the fund's limited history and small asset size, it may be more appropriate for experienced investors with a higher risk tolerance.