Share-split context: A reverse split was recorded on Nov 18, 2015 with coefficient 0.333333. A reverse split combines multiple old shares into fewer new shares and mechanically raises the quoted price per share. That mechanical increase does not restore lost investment value. The returns in this report are already split-adjusted, while reverse-split history remains a separate structural warning.

What this ETF is trying to do

The Global X Copper Miners ETF (COPX) focuses on companies that mine copper. Instead of buying the metal itself, this fund invests in the businesses that dig it out of the ground. Its Top Holdings include companies like Hudbay Minerals Inc (5.8%), Teck Resources Ltd (5.51%), and Southern Copper Corp (5.33%). These holdings can change over time.

What the numbers show

Because this ETF has a history of share splits, we look at split-adjusted returns to see how it has performed.

There are two ways to look at returns: price return (how much the share price moved) and total return (which includes the share price movement plus cash distributions).

• Year-to-Date: The price return is 16.42%, and the total return is 16.82%.

• One Year: The price return is 35.44%, and the total return is 39.04%.

• Three Year: The price return is 137.85%, and the total return is 152.39%.

The current price is $83.58 as of October 7, 2026.

Income and distribution explanation

This ETF pays out cash to investors, known as distributions. The distribution yield is approximately 2.31%. These payments happen irregularly and less frequently; in the last 12 months, there were 2 payouts.

It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same.

NAV erosion explanation

"NAV erosion" happens when the underlying value of a fund's assets drops significantly over time. StockValueFinder uses an erosion-risk score to measure this.

COPX has an erosion score of 100 and an erosion severity labeled as "good." The data states "No price erosion detected," and the severe erosion-risk flag is false.

Additionally, this ETF had a reverse split on November 18, 2015. In a reverse split, multiple old shares are combined into fewer new shares, which mechanically raises the per-share price. This increase does not restore lost value; it is simply a structural change to the number of shares.

Pros

• Strong split-adjusted price and total returns over the one-year and three-year periods.

• No price erosion detected according to the erosion-risk score.

• Provides a way to invest in the copper mining industry.

Cons

• Distributions are irregular and less frequent.

• The fund has a history of a reverse split.

Beginner takeaway

COPX is a fund for people who want exposure to copper mining companies. It has shown strong growth in both price and total returns over the last few years. While it pays a distribution yield of 2.31%, investors should remember that high yields alone can be misleading and do not guarantee the safety of the principal investment.