Select 6 US stock copper ETFs and ETN in 2024

For investors eyeing the copper market, there's more than just investing in the commodity or mining stocks. You can also consider copper ETFs and ETNs! Think of ETFs as baskets of copper-related companies or futures, while ETNs are a bit like bonds.

Here's a handpicked list of 5 copper ETFs and 1 ETN in the US market, as of April 23, 2024:

1. $Global X Copper Miners ETF(COPX)$

With an AUM of $2.12 billion, this ETF tracks the Solactive Global Copper Miners Index, covering exploration, development, and production companies. It's got a 0.65% fee and holds 37 stocks, heavyweights being $Ivanhoe Mines Ltd.(IVPAF)$ $Lundin Mining Corp.(LUNMF)$ $Southern Copper Corp(SCCO)$.

2. $United States Copper Index Fund(CPER)$

With an AUM of $193.37 million, this fund tracks copper futures contracts, specifically the SummerHaven Copper Index Total Return. It's got a 0.65% fee too.

3. $Global X Copper Miners ETF(COPX)$

At $15.03 million AUM, this ETF tracks the STOXX Global Copper and Metals Mining Index, with a 0.47% fee. Over 31% of its 35 holdings are in Canada, 12% in Australia, and 11% in the US. Think $Freeport-McMoRan(FCX)$ $Southern Copper Corp(SCCO)$ $Ivanhoe Mines Ltd.(IVPAF)$ $BHP Group Limited(BHPLF)$.

4. $Sprott Copper Miners ETF(COPP)$

Launched in March 2024, this ETF from Sprott Asset Management focuses solely on mining companies of all sizes. With a 0.65% fee, it tracks 40 stocks, majorly in Canada, the US, and Chile, heavyweights being $Freeport-McMoRan(FCX)$ $Antofagasta plc(ANFGF)$ $Southern Copper Corp(SCCO)$.

5. $SPROTT JUNIOR COPPER MINERS ETF(COPJ)$

Launched in February 2023, this ETF differs from COPP by focusing on smaller miners, with the highest fee at 0.75%. Over 55% of its 40 holdings are in Canada, 21% in Australia, and 6.5% in Peru. The heavyweights being $Taseko Mines(TGB)$ $Buenaventura Mining(BVN)$ .

6.$iPath Series B Bloomberg Copper Subindex Total Return ETN(JJC)$

If you're not keen on investing in physical copper or mining companies, this ETN tracking the Bloomberg Copper Subindex Total Return is your go-to option, with the lowest fee at 0.45%. Unlike ETFs, ETNs don't own the underlying asset; they're more like unsecured bonds. You can sell them for a profit or hold them until maturity.

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