![]() ![]() If you are looking for exposure to other base metals as well (not just copper), XBM is an excellent ETF to consider on the shelf here in Canada. The top five holdings currently make up almost 50% of the fund. ![]() XBM currently has over 30 underlying stock holdings but is highly concentrated across its top five holdings. It pays a very high yield on a semi-annual basis to investors. The ETF comes with a long performance track record and is a large ETF in terms of assets under management. XBM is passively managed and tracks the S&P/TSX Global Base Metals Index. This spreads your investment across multiple commodities, helping with diversification. ![]() While not entirely dedicated to copper, there is a significant allocation to copper mining companies, among other base metal mining stocks. IShares offers a base metals fund on the Canadian ETF shelf. Investment: Base Metal Extraction and Production Stocks.Assets under Management: $281.71 Million.iShares S&P/TSX Global Base Metals Index ETF It is a top choice to consider when deciding on a copper ETF. With great overall features, COPX does a relatively good job diversifying your copper allocation across geographies and mining companies. With a long performance track record, COPX is also a very large ETF in terms of assets under management.ĬOPX is over 30% invested in Canadian companies and also has significant allocations to Australia, the US, and Japan. The ETF pays a good yield to investors on a semi-annual basis. The ETF has approximately 40 holdings and passively tracks the Solactive Global Copper Miners Total Return Index.ĬOPX is likely one of the most robust copper ETFs that Canadian investors can access, using US dollars on the US side of their accounts. Global X offers a copper mining stock ETF listed on the New York Stock Exchange. Assets under Management: $1.88 Billion (USD).If you want exposure to copper futures without directly trading them, CPER is a great alternative to consider. Since the ETF is listed on the NYSE, it will need to be purchased on the US side of your accounts here in Canada. The ETF has a long performance track record and is large in terms of assets under management. The portfolio of copper futures, forwards, and swaps, is collateralized by cash, cash equivalents, and/or US debt with a maturity of two years or less.įor investors that are familiar with trading futures, trading the copper futures directly may be a better option than paying the fairly high MER of CPER. The ETF is passively managed and looks to track the SummerHaven Copper Index Total Return.ĬPER essentially aims to have the same daily percentage price movement as the underlying copper futures index. USCF (United States Commodity Funds) offers a copper futures ETF listed on the New York Stock Exchange, CPER. ![]()
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