Sprott Copper Miners ETF
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As of July 2, 2025
NAV
$23.94
NAV Daily Change
+$0.77
+3.32%
NAV Since Inception Cumulative Change1
24.75%
Ticker
COPP
Market Price2
$24.07
Premium/Discount3
0.54%
Total Net Asset Value
$29.9 Million
Net Total Expense Ratio4
0.65%
Overview
Key Points
- Pure-Play† Copper ETF – The only copper ETF focused on copper miners and physical copper.
- Essential to Energy Transmission – A critical material crucial to almost every aspect of electricity, copper is essential to power grids, technology, manufacturing and the energy transition.
- Growing Demand and Challenged Supplies – The ETF will invest in copper miners poised to help capitalize on rising copper demand, despite copper’s constrained supplies, diminishing ore grades, extended lead times for new mines, and dwindling inventories.
- Well-Positioned Companies – Companies upstream in the supply chain may be well-positioned to benefit from the increased investment in copper necessary to meet the rising global demand for energy.
Investment Objective
Sprott Copper Miners ETF (Nasdaq: COPP) is the only†† ETF to provide pure-play† exposure to copper miners and physical copper. Copper demand is likely to increase due to surging energy consumption, further deepening the structural supply deficit. COPP seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Copper Miners™ Index (NSCOPP™). The Index is designed to track the performance of a selection of global securities in the copper industry, including copper producers, developers and explorers, and physical copper.
†The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
††Based on Morningstar’s universe of Natural Resources Sector Equity ETFs as of 6/23/2025.
Key Facts
Ticker
COPP
Listing Exchange
Nasdaq®
Benchmark Index
NSCOPP
Index Rebalance Frequency
Semi-Annually in June & December
ISIN
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ISIN: US85208P8813
Copyright 2025, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
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CUSIP: 85208P881
Copyright 2025, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
March 5, 2024
Adviser
Sprott Asset Management USA, Inc.
Sub-Adviser
ALPS Advisors, Inc.
Distributor
ALPS Distributors, Inc.
Fees & Expenses4
| Management Fee | 0.65% |
| Other Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 0.65% |
ETF Fund Details
July 2, 2025
Total Net Assets
$29,921,202.96
Shares Outstanding
1,250,000
Number of Holdings
54
Median 30 Day Bid Ask Spread
(As of 7/1/2025)
0.55%
Performance
Month-End Performance
Average Annual Total Returns (%) As of 6/30/2025
| Fund | 1 MO* | 3 MO* | S.I.*1 |
| Sprott Copper Miners ETF (Net Asset Value) |
10.25 | 17.28 | 14.73 |
| Sprott Copper Miners ETF (Market Price)2 |
10.53 | 17.21 | 15.04 |
| Nasdaq Sprott Copper Miners™ Index (Benchmark)5 |
10.22 | 17.52 | 14.99 |
Quarter-End Performance
Average Annual Total Returns (%) As of 6/30/2025
| Fund | 1 MO* | 3 MO* | S.I.*1 |
| Sprott Copper Miners ETF (Net Asset Value) |
10.25 | 17.28 | 14.73 |
| Sprott Copper Miners ETF (Market Price)2 |
10.53 | 17.21 | 15.04 |
| Nasdaq Sprott Copper Miners™ Index (Benchmark)5 |
10.22 | 17.52 | 14.99 |
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
* Returns less than one year are not annualized.
1 Inception Date: 3/5/2024.
2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
4 Reflects Total Annual Operating Expenses as outlined in the most recent prospectus. For the services the Adviser (Sprott Asset Management USA, Inc.) provides to the Fund, the Adviser is entitled to receive an annual advisory fee from the Fund calculated daily and paid monthly at an annual rate of 0.65% of net assets.
5 The Nasdaq Sprott Copper Miners™ Index (NSCOPP™) was co-developed by Nasdaq® (the “Index Provider”) and Sprott Asset Management LP (the “Sponsor”). The Index Provider and Sponsor co-developed the methodology for determining the securities to be included in the Index and the Index Provider is responsible for the ongoing maintenance of the Index. The Sponsor will provide certain services in connection with the Index including contributing inputs in connection with the eligibility and process to determine the initial selection and ongoing composition of the Index constituents.
Market Price vs. Net Asset Value Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: March 05, 2024.
Historical Premium/Discount: Market Price to Net Asset Value
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: March 05, 2024.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of July 3, 2025
| CY 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
| Days Traded at Premium | 99 | 26 | 35 | -- | -- |
| Days Traded at Discount | 97 | 30 | 26 | -- | -- |
Portfolio Characteristics*
As of 6/20/2025
| Number of Issuers | 54 |
| Market Cap (millions) | $274,353.00 |
| Weighted Avg. Company Market Cap (millions)† | $25,330.00 |
| Market Cap Breakdown | |
| Large (>$10B) | 52.91% |
| Medium ($2 -$10B) | 32.22% |
| Small (<$2B) | 9.87% |
| Not Classified | 5.00% |
| Industry Weightings†† | |
| Copper Equities | 93.97% |
| Physical Copper††† | 5.00% |
| Other | 1.04% |
† Excludes the Sprott Physical Copper Trust
†† Reflects equities classified by Sprott Asset Management.
††† Includes holdings focused on the physical ownership of copper: Sprott Physical Copper Trust.
Company Domicile Breakdown*
As of 6/20/2025
* Excludes cash
Holdings
As of 7/02/2025
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. | $7,437,945.39 | FCX | 2352118 | 162,507 | 24.86% |
| Teck Resources Ltd. | $2,935,007.57 | TECK | 2124533 | 70,367 | 9.81% |
| Antofagasta PLC | $2,613,323.37 | ANTO LN | 0045614 | 100,036 | 8.73% |
| First Quantum Minerals Ltd. | $1,547,035.11 | FM CN | 2347608 | 83,789 | 5.17% |
| Lundin Mining Corp. | $1,453,214.08 | LUN CN | 2866857 | 131,127 | 4.86% |
| Southern Copper Corp. | $1,441,975.28 | SCCO | 2823777 | 13,592 | 4.82% |
| Sprott Physical Copper Trust | $1,306,219.20 | COP/U | BRF1V03 | 167,464 | 4.37% |
| Hudbay Minerals Inc. | $1,306,256.64 | HBM | B05BQ98 | 119,184 | 4.37% |
| KGHM Polska Miedz SA | $1,272,713.38 | KGH PW | 5263251 | 33,813 | 4.25% |
| Ivanhoe Mines Ltd. | $1,255,875.52 | IVN CN | BD73C40 | 160,245 | 4.20% |
| Capstone Copper Corp. | $1,126,725.56 | CS CN | BMY5XY9 | 172,422 | 3.77% |
| Sandfire Resources Ltd. | $752,408.80 | SFR AU | 6739739 | 101,152 | 2.51% |
| China Gold International Resources Corp. Ltd. | $660,389.30 | 2099 HK | B60FNV8 | 71,900 | 2.21% |
| MMG Ltd. | $594,314.83 | 1208 HK | 6728793 | 1,202,400 | 1.99% |
| NGEx Minerals Ltd. | $476,580.23 | NGEX CN | BKDKBL4 | 40,578 | 1.59% |
| ERO Copper Corp. | $437,407.92 | ERO | BD6D4V2 | 25,052 | 1.46% |
| Minsur SA | $329,107.49 | MINSURI1 | 2595797 | 293,592 | 1.10% |
| Taseko Mines Ltd. | $303,868.45 | TGB | 2592066 | 90,707 | 1.02% |
| iShares MSCI India ETF | $291,288.40 | INDA | B6XGR72 | 5,239 | 0.97% |
| MAC Copper Ltd. | $247,349.31 | MTAL | BQBC846 | 20,459 | 0.83% |
| Ivanhoe Electric Inc. / US | $214,441.92 | IE | BPF0KH6 | 23,208 | 0.72% |
| Sociedad Minera Cerro Verde SAA | $171,880.00 | CVERDEC1 | 2677929 | 4,297 | 0.57% |
| Solaris Resources Inc. | $148,650.01 | SLS CN | BMQ5701 | 31,077 | 0.50% |
| ATALAYA MINING COPPER SA | $129,108.61 | ATYM LN | BYZTVM8 | 20,255 | 0.43% |
| FireFly Metals Ltd. | $120,854.55 | FFM AU | BPDXXB2 | 175,534 | 0.40% |
| Central Asia Metals PLC | $111,326.26 | CAML LN | B67KBV2 | 50,526 | 0.37% |
| Jinchuan Group International Resources Co. Ltd. | $80,526.89 | 2362 HK | 6373988 | 987,700 | 0.27% |
| Imperial Metals Corp. | $78,663.92 | III CN | 2878937 | 21,905 | 0.26% |
| Marimaca Copper Corp. | $77,637.97 | MARI CN | BKSCZX5 | 14,512 | 0.26% |
| Philex Mining Corp. | $72,279.47 | PX PM | B1FHVG5 | 635,800 | 0.24% |
| Aldebaran Resources Inc. | $67,240.50 | ALDE CN | BFLWZR1 | 36,844 | 0.22% |
| Amerigo Resources Ltd. | $60,227.08 | ARG CN | 2855822 | 36,054 | 0.20% |
| Arizona Sonoran Copper Co. Inc. | $60,404.11 | ASCU CN | BMC50Y0 | 34,929 | 0.20% |
| Entree Resources Ltd. | $55,896.96 | ETG CN | BDT74S8 | 36,873 | 0.19% |
| Osisko Metals Inc. | $55,436.97 | OM CN | BYW9WY0 | 173,180 | 0.19% |
| Regulus Resources Inc. | $56,537.49 | REG CN | BRGW934 | 32,012 | 0.19% |
| Trilogy Metals Inc. | $54,036.66 | TMQ | BD89HT7 | 39,157 | 0.18% |
| Gruvaktiebolaget Viscaria | $50,686.49 | VISC SS | BNDXB92 | 29,216 | 0.17% |
| SolGold PLC | $47,437.77 | SOLG LN | B0WD0R3 | 504,236 | 0.16% |
| Faraday Copper Corp. | $40,677.02 | FDY CN | BLNNJN8 | 55,276 | 0.14% |
| New World Resources Ltd. | $40,012.68 | NWC AU | BZ17GS4 | 963,988 | 0.13% |
| 29Metals Ltd. | $32,455.13 | 29M AU | BNNVRL0 | 175,930 | 0.11% |
| Atlas Consolidated Mining & Development Corp. | $31,797.82 | AT PM | BD0R0N4 | 402,000 | 0.11% |
| Hercules Metals Corp. | $31,755.10 | BIG CN | BR2NNV7 | 69,600 | 0.11% |
| AIC Mines Ltd. | $28,795.37 | A1M AU | BK9PVF7 | 138,748 | 0.10% |
| Blue Moon Metals Inc. | $27,914.28 | MOON CN | BPCQCN7 | 11,256 | 0.09% |
| Midnight Sun Mining Corp. | $22,734.98 | MMA CN | B2NWY60 | 54,201 | 0.08% |
| Aeris Resources Ltd. | $20,460.86 | AIS AU | BZ8W0K2 | 177,460 | 0.07% |
| Encounter Resources Ltd. | $21,595.73 | ENR AU | B0YV7G3 | 131,112 | 0.07% |
| Prospect Resources Ltd. | $20,195.26 | PSC AU | B7740P8 | 180,308 | 0.07% |
| Carnaby Resources Ltd. | $17,035.29 | CNB AU | BKB0C46 | 62,304 | 0.06% |
| Hot Chili Ltd. | $16,335.31 | HCH AU | BNRNW06 | 40,315 | 0.05% |
| China Daye Non-Ferrous Metals Mining Ltd. | $12,982.18 | 661 HK | 6571180 | 1,887,200 | 0.04% |
| Hillgrove Resources Ltd. | $12,899.64 | HGO AU | 6426150 | 559,402 | 0.04% |
| Cash Equivalent | $41,276.85 | $41,276.85 | 0.12% |
54 total, excluding cash and cash equivalents. Subject to change.
Distributions
Ex-Date |
Record Date |
Payable Date |
Short-Term Capital Gains |
Long-Term Capital Gains |
Ordinary Income |
Total Distributions |
12/12/2024 |
12/12/2024 |
12/19/2024 |
- |
- |
$0.53 |
$0.53 |
Literature
Fact Sheet
Quarterly Investor Presentation
5 Reasons to Invest in Copper
Index Rebalance
White Paper
FAQs
Press Releases
Regulatory Documents
- Annual Reports Financial Statements and Other Important Information, December 31, 2024
- Tailored Shareholder Report, December 31, 2024
- Tailored Shareholder Report, June 30, 2024
- Semi-Annual Financial Statements and Other Important Information, June 30, 2024
- Summary Prospectus
- Statutory Prospectus
- Statement of Additional Information
Commentary
Copper’s Bullish Setup Strengthens
BY JACOB WHITE · 6/26/2025
Copper is surging toward $10,000 per ton as plunging inventories and unexpected supply disruptions expose the market’s tightness. Easing tariff tensions and rising electrification demand are driving bullish sentiment. We believe copper may be heading toward a structural repricing.
COPP Invests in Both Miners and Physical Copper
BY STEVE SCHOFFSTALL · 6/23/2025
Beginning June 23, 2025, Sprott Copper Miners ETF (COPP) will provide investors with exposure to physical copper, in addition to pure-play copper miners.
Building an Electrified World: The Strategic Role of Critical Materials
BY STEVE SCHOFFSTALL · 6/16/2025
As the world races to electrify, demand for critical materials like uranium, copper, silver, lithium and nickel is climbing. These metals are foundational to nuclear power, consumer electronics and high-performance batteries — making them indispensable to meeting rising global energy demand.
Safe Havens: The Enduring Stability of Precious Metals in Turbulent Times
STEVE SCHOFFSTALL, JOHN KINNANE · 4/28/2025
On the latest Shifting Energy, Sprott's Steve Schoffstall and John Kinnane examine investor strategies for weathering bumpy markets and global trade wars. Learn more about Sprott's perspective on the role of gold and silver as key assets during these uncertain times.
Copper’s Record-Setting Rally and Reversal on U.S. Tariffs
BY JACOB WHITE · 4/08/2025
Copper prices reached record highs in March, driven by tariff fears and U.S. demand. Despite recent market volatility, copper remains a strategic asset with strong long-term fundamentals, supported by rising global energy demands and U.S. policy shifts.
Global Trade Wars: Unraveling the Impact on Critical Materials Markets
BY STEVE SCHOFFSTALL · 3/25/2025
In this episode of Shifting Energy, Thalia Hayden interviews Steven Schoffstall, Director, ETF Product Management at Sprott Asset Management about how the global energy shift and market volatility are impacting precious metals and critical materials. Schoffstall provides valuable insights into what's happening with gold, silver, uranium and copper.
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Contact Us
Investment Adviser
Sprott Asset Management USA, Inc.
320 Post Road, Suite 230
Darien, CT 06820
Telephone: 888.622.1813
Distributor and Sub-Adviser
ALPS
1290 Broadway, Suite 1100
Denver, CO 80203
Client Services
Financial Advisors and Investors
Telephone: 888.622.1813
Email: bullion@sprott.com
Standard Mail
Sprott ETFs
P.O. Box 1107
Denver, CO 80201
Overnight Mail
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Suite 1100
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