Freeport-McMoRan

Teck Resources

Credit Suisse

iShares MSCI Frontier 100 ETF

Southern Copper

Hudbay Minerals

Appreciate Holdings Inc

ERO Copper Corp

iShares MSCI India ETF

Taseko Mines

Sprott Copper Miners ETF

COPP is passively managed, tracking a modified market-cap weighted index comprised of companies in the mining, exploration, development, and production of copper. The fund invests in securities of issuers from all around the world.

After an uptrend to start the year, copper prices (as reflected in futures prices) trended in the opposite direction in the second half. Nonetheless, investment funds have remained long on copper.

Investment Funds Remained Long on Copper in 2024

Sprott Physical Gold and Silver Trust

Sprott Junior Copper Miners ETF

Sprott Focus Trust

Sprott Lithium Miners ETF

Sprott Nickel Miners ETF

Sprott Physical Gold Trust

Sprott Physical Silver Trust

Sprott Energy Transition Materials ETF

Sprott Junior Gold Miners ETF

Sprott Gold Miners ETF

Sprott Physical Platinum & Palladium Trust

Sprott Junior Uranium Miners ETF

Sprott Uranium Miners ETF

A rising dollar has been applying downward pressure on gold and silver following the U.S. presidential election. But market experts are still forecasting record prices for both precious metals heading into 2025.

Positive Forecasts for Gold, Silver Despite Dollar Pressure

Geopolitical and economical forces will weigh heavily on prices for all commodities. In the case of copper, China's consumption will play a pivotal role in which direction prices may take.

China Will Weigh Heavily on the Allure of Copper

A global transition to clean energy sources is fueling demand for copper. The metal's use in a variety of applications, especially given its electrical conductivity properties, is allowing companies to breathe new life into abandoned copper mines.

Demand Breathes New Life Into Abandoned Copper Mines

Increased price volatility in copper prices could ensue as China continues to implement stimulus measures to boost growth. Whether it is or isn't enough will weigh heavy on copper prices moving forward.

China's Stimulus Will Continue to Weigh Heavy on Copper

Themes Silver Miners ETF

US Global Jets ETF

KraneShares Electric Vehicles & Future Mobility Index ETF

Reaves Utilities ETF

We have highlighted five top-performing ETFs from different sectors that were the leaders in September.

5 Sector ETFs That Gained in Double Digits in September

Bank of America is forecasting bullish prices for copper. Analysts are forecasting that the price of copper will be above $10,000 per tonne in 2025 thanks to global decarbonization efforts.

Decarbonization Spending Will Boost Copper in 2025

Global X Copper Miners ETF

United States Copper Index Fund

iShares Copper and Metals Mining ETF

Copper prices have surged Tuesday, reaching their highest levels in nearly six weeks, according to CNBC. In New York, copper for September delivery briefly touched $4.3065 per pound on Tuesday, the highest since mid-July, before settling at $4.2365, up 0.4% for the day.

ETFs in Focus as Copper Prices Hit Six-Week High

Copper prices are up 9% for the year, but have been trending lower since the middle of May. However, supply disruptions from key producers in Latin America could help reverse that trend.

Supply Disruptions Could Push Copper Prices Higher

The ongoing global electrification is spurring a demand for copper. But supply shortages could portend higher prices in the future.

Supply Shortages Could Provide Bullish Backdrop for Copper

Global X Artificial Intelligence & Technology ETF

iShares U.S. Digital Infrastructure and Real Estate ETF

iShares Evolved U.S. Technology ETF

Tema American Reshoring ETF

VanEck Vectors Semiconductor ETF

iShares PHLX Semiconductor ETF

Engine No 1 Transform Supply Chain ETF

Robo Global Artificial Intelligence ETF

SPDR S&P Metals & Mining ETF

Halfway through the year, thematic equity ETFs have exhibited wide levels of dispersion but continue to capture the market's attention heading into the second half of 2024.

BlackRock's Top Thematic Trends to Watch in 2H

While demand has yet to catch up with supply in the current market environment, automotive manufacturers are already anticipating that electric vehicle (EV) demand will rise in the future, which could drive copper prices even higher. Automotive manufacturers are already in a pinch when it comes to selling EVs.

Automotive Market Could Keep Driving Copper Prices Higher

Chile maintains its status as the top copper-producing country globally. But it's facing the challenge of aging copper mines.

Chile's Aging Mines Could Keep Copper Prices Surging

Copper prices appear to be marching to the beat of their own drum. The industrial metal has decoupled itself from the market movements inherent in base metals as well as oil.

Copper Decouples From Base Metals & Oil Market Movements

Amplify Alternative Harvest ETF

AdvisorShares Pure US Cannabis ETF

Engine NO 1 Transform Climate ETF

VanEck Vectors Uranium+Nuclear Energy ETF

Invesco PHLX Semiconductor ETF

Global X Uranium ETF

Roundhill Cannabis ETF

AdvisorShares Pure Cannabis ETF 

Looking at the ETFs with the highest returns YTD, a few thematic standouts have emerged.  As a reminder regarding  long-term investments, thematic investing is cyclical.

YTD Thematic Winners Reflect Change in Market Leadership

Copper's momentum continues to build and the trend may not be short-term given the metal's history during rate cuts. Additionally, this could provide even further tailwinds, keeping the window open for investors to get on the metal's bandwagon.

Bullish Momentum Is Squarely Behind Copper Prices

One of this year's thematic surprises has been the outperformance of copper and copper-themed ETFs. There have been outsized returns ranging from 16% to over 20% YTD.

A Surprise YTD Rally in Copper ETFs

The current supply-demand backdrop should set the stage for higher copper prices. In turn, this should feed into more bullish vibes.

Supply Shortage Bets Create Bullish Vibes for Copper Prices

Spikes in copper prices in mid-March led to a surge in long copper positions this month. Bullish copper investors would do well to look beyond the metal to miners who stand to benefit from surging investment.

Money Managers Extremely Bullish on Copper

VanEck Green Metals ETF

Simplify Interest Rate Hedge ETF

Wall Street delivered a downbeat performance last week.

5 Best ETF Areas of Last Week

Copper prices soared to an 11-month high following an agreement by Chinese smelters to cut production. Investors should tap this strong trend with ETFs.

ETFs to Play the Potential Strength in Copper Prices

Sprott Asset Management launched its latest fund today that further expands the existing critical minerals ETF suite. The Sprott Copper Miners ETF (COPP) offers pure-play exposure to the full spectrum of copper miners.

Sprott Expands Critical Minerals ETF Suite With COPP

Only U.S.-Listed ETF That Provides Pure-Play Exposure to Large, Mid- and Small-Cap Copper Miners Copper Miners ETF Adds to Sprott's Expanding ETF Suite TORONTO, March 06, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott”) today announced the launch of the Sprott Copper Miners ETF (Nasdaq: COPP) (the “ETF” or “COPP”), the only1 U.S.-listed ETF to provide pure-play2 exposure to large, mid- and small-cap copper miners that supply a critical material necessary for the energy transition. The ETF is the most recent addition to Sprott's suite of critical materials-focused ETFs and is Sprott's second copper mining fund, joining the Sprott Junior Copper Miners ETF (COPJ), which launched in February 2023.

News for Sprott Copper Miners ETF ETF (COPP)