Summary
Themes Copper Miners ETF is an ETF - a fund traded on an exchange like a stock - run by Themes. Positions inside: 58. The ten largest make up 44% of the fund.
- Yearly costs
- 0.35%
- Fund size
- $11.8M
- Positions
- 58
- Dividends
- Reinvested
- Running since
- 2024
What speaks for it
- Costs of 0.35% a year are below the middle of comparable funds (0.44%).
What to watch
- 96% of the fund is in one sector (Basic materials).
- In the last five years its price once dropped by 36% from its high.
- A young fund: it has been running only since 2024.
- A small fund with $11.8M under management; small funds get closed more often.
- It trades little: only about $116.9K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -10%
- 3 months
- +7.7%
- This year
- +13%
- 1 year
- +29%
- Avg. market cap
- $40.1B
- P/E
- 17.5x
- Forward P/E
- 14.8x
- P/S
- 1.6x
- P/B
- 2.4x
- P/FCF
- 20.3x
- EV/EBITDA
- 8.7x
- Dividend yield
- 0.64%
- ROIC
- 7.0%
- ROE
- 12.9%
- Gross margin
- 5.6%
- Operating margin
- -47.9%
- Net margin
- -1.1%
- Payout ratio
- 11.1%
- Net debt/EBITDA
- 0.5x
- Beta
- 1.43
Weighted average of the 39 largest companies, which make up 75% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 FCFreeport-McMoRan Inc. FCX 9.3%
- 2 Glencore PLC 5.6%
- 3 BHBHP Group Limited BHP.AX 4.5%
- 4 Anglo American PLC 4.3%
- 5 TETeck Resources Limited TECK-B.TO 3.7%
- 6 LULundin Mining Corporation LUN.TO 3.7%
- 7 SCSouthern Copper Corporation SCCO 3.6%
- 8 FMFirst Quantum Minerals Ltd. FM.TO 3.4%
- 9 Antofagasta PLC 3.0%
- 10 Jiujiang Defu Technology Co Ltd 3.0%
Positions in the fund: 58. The ten largest make up 44% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Basic materials 96%
- Industrials 3.9%
By country
- Canada 31%
- United States 15%
- Australia 14%
- China 12%
- Other countries 28%
By company size
- Mega cap 5.9%
- Large cap 47%
- Mid cap 27%
- Small cap 17%
- Micro cap 3.4%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 75% of the fund.
Largest sector: Basic materials (96%). Largest country: Canada (31%). Largest size group: Large cap (47%).
What does it cost me?
Cheap- A year from $10,000
- $35.00
- Over 20 years
- $1,714
From every $10,000 invested the fund takes $35.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,714.
How has it done?
Growing over the long run- Over the last year
- +29%
- Deepest drop
- -36%
- Yearly volatility
- 45%
Growth over the last year: 29%. Deepest drop in these years: 36% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- $116.9K
- Shares a day
- 2.4K
On an average day about $116.9K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.5
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 5.0%
- Fairly valued 8.6%
- Overvalued 86%
On average the companies inside trade for 17.5 times their yearly profit. By Fair Price, 86% of the rated weight comes out as overvalued.
Counted from its largest companies (39), which make up 75% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
4C 4COP.DE Global X - Copper Miners UCITS ETF | Ireland | 0.55% | $443.0M | +37% | Reinvests | 59% |
CO COPX Global X Copper Miners ETF | United States | 0.65% | $6.85B | +28% | Pays out | 56% |
IC ICOP iShares Copper and Metals Mining ETF | United States | 0.47% | $455.2M | +31% | Pays out | 52% |
CO COPM.SW iShares Copper Miners UCITS ETF | Ireland | 0.55% | $530.8M | +38% | Reinvests | 51% |
ME METL.AS iShares Essential Metals Producers UCITS ETF USD Acc | Ireland | 0.55% | $294.9M | +21% | Reinvests | 43% |
XB XBM.TO iShares S&P/TSX Global Base Metals Index ETF | Canada | 0.60% | $240.1M | +22% | Pays out | 37% |
