Beginning June 23, 2025, Sprott Copper Miners ETF (COPP) will provide investors with exposure to physical copper, in addition to pure-play copper miners. Read the press release.
Additional Resources: COPP FAQs
For the latest standardized performance and holdings of Sprott Copper Miners ETF, please visit COPP. Past performance is no guarantee of future results.
Video Transcript
We’re excited to announce a change to the Sprott Copper Miners ETF, ticker COPP, effective with the most recent index rebalance. But before we get to the important announcement, we’ll take a brief moment to discuss the semi-annual index rebalance process.
Sprott ETFs benchmarked to Nasdaq Sprott indexes underwent their semi-annual index rebalances, effective prior to the market open on Monday, June 23, 2025. As part of the rebalance process, approximately 800 companies are reviewed and scored by Sprott to determine the percentage of a company’s revenue or assets that are tied to the target commodity. These scores are sent to Nasdaq, where the index methodology is applied, resulting in the rebalanced index. The rebalance takes place each June and December and combines Sprott’s expertise in the metals and mining sector with Nasdaq’s renowned index capabilities. This process is essential to Sprott’s critical materials suite of ETFs, as well as the Sprott Silver Miners & Physical Silver ETF, as each ETF provides exposure focused on pure-play companies that are upstream in the supply chain. Pure-play companies have at least 50% of their revenue or assets tied to the production, development, or exploration of the target commodity. Some of our ETFs, like the Sprott Uranium Miners ETF, ticker URNM, and the Sprott Silver Miners & Physical Silver ETF, ticker SLVR, also provide exposure to physical uranium and silver, respectively.
This brings us to the rebalance of COPP’s index. Beginning on Monday, June 23, the ETF will now provide investors with exposure to physical copper, in addition to pure-play copper miners. At each rebalance, the weight of physical copper is set to 4.75% of the index, though this weight may fluctuate between rebalances. COPP is the only ETF to provide pure-play† exposure to copper miners, 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.
Important Disclosures
An investor should consider the investment objectives, risks, charges, and expenses of each fund carefully before investing. To obtain a fund’s Prospectus, which contains this and other information, contact your financial professional, call 1.888.622.1813 or visit SprottETFs.com. Read the Prospectus carefully before investing.
Exchange Traded Funds (ETFs) are considered to have continuous liquidity because they allow for an individual to trade throughout the day, which may indicate higher transaction costs and result in higher taxes when fund shares are held in a taxable account.
The funds are non-diversified and can invest a greater portion of assets in securities of individual issuers, particularly those in the natural resources and/or precious metals industry, which may experience greater price volatility. Relative to other sectors, natural resources and precious metals investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.
Shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only market makers or “authorized participants” may trade directly with the fund, typically in blocks of 10,000 shares.
The Sprott Active Gold & Silver Miners ETF and the Sprott Silver Miners & Physical Silver ETF are new and have limited operating history.
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott ETFs. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.