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About Themes Copper Miners ETF
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Inception date
Sep 24, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Themes Management Co. LLC
Distributor
ALPS Distributors, Inc.
ISIN
US8829277834
COPA invests in companies with substantial exposure to the copper mining industry. It uses a replication strategy, aiming to own the same stocks in the same proportion as its underlying index. The index is comprised of global firms classified under the subthemes copper mining, exploration, refining, and royalties. It is constructed based on revenue exposure as derived from the copper mining industry to identify Purity Leaders and Revenue Leaders. The former is defined as having a thematic exposure score equal to or greater than 30% of their total revenue, while the latter being in the top 5 companies ranked by their thematic revenue dollar amount. Final constituents are weighted based on market-cap, modified by thematic exposure using revenue. Country capping constraints and flooring conditions are also implemented to ensure proper allocation to significant revenue earners. The index is reconstituted and rebalanced quarterly starting in March.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks99.66%
Non-Energy Minerals84.35%
Producer Manufacturing6.66%
Distribution Services3.09%
Process Industries2.29%
Commercial Services1.78%
Finance1.48%
Bonds, Cash & Other0.34%
Mutual fund0.19%
Cash0.16%
Stock breakdown by region
North America45.70%
Asia24.81%
Oceania14.19%
Europe13.36%
Latin America1.93%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
COPA invests in stocks. The fund's major sectors are Non-Energy Minerals, with 84.35% stocks, and Producer Manufacturing, with 6.66% of the basket. The assets are mostly located in the North America region.
COPA top holdings are Freeport-McMoRan, Inc. and Jiujiang Defu Technology Co., Limited Class A, occupying 8.61% and 5.38% of the portfolio correspondingly.
Yes, COPA pays dividends to its holders with the dividend yield of 0.93%. The last dividend (Dec 26, 2024) amounted to 0.30 USD. The dividends are paid annually.
COPA shares are issued by ETP Holding Co. LLC under the brand Themes. The ETF was launched on Sep 24, 2024, and its management style is Passive.
COPA expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
COPA follows the BITA Global Copper Mining Select Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
COPA invests in stocks.