COPA vs. GMET ETF Comparison

Comparison of Themes Copper Miners ETF (COPA) to VanEck Green Metals ETF (GMET)

COPA

Themes Copper Miners ETF

COPA Description

COPA invests in companies with substantial exposure to the copper mining industry. It uses a replication strategy, aiming to own the same stocks in the same proportion as its underlying index. The index is comprised of global firms classified under the subthemes copper mining, exploration, refining, and royalties. It is constructed based on revenue exposure as derived from the copper mining industry to identify Purity Leaders and Revenue Leaders. The former is defined as having a thematic exposure score equal to or greater than 30% of their total revenue, while the latter being in the top 5 companies ranked by their thematic revenue dollar amount. Final constituents are weighted based on market-cap, modified by thematic exposure using revenue. Country capping constraints and flooring conditions are also implemented to ensure proper allocation to significant revenue earners. The index is reconstituted and rebalanced quarterly starting in March.

Grade (RS Rating)

Last Trade

$25.46

Average Daily Volume

647

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

GMET

VanEck Green Metals ETF

GMET Description

VanEck Green Metals ETF seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Clean-Tech Metals Index (MVGMETTR), which is intended to track the performance of companies involved in the production, refining, processing and recycling of green metals. Green metals are metals used in the applications, products and processes that enable the energy transition from fossil fuels to cleaner energy sources and technologies.

Grade (RS Rating)

Last Trade

$23.98

Average Daily Volume

4,067

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	COPA	GMET
30 Days	-6.03%	-4.93%
60 Days		3.95%
90 Days		1.66%
12 Months		6.85%

2 Overlapping Holdings

	Symbol	Grade	Weight in COPA	Weight in GMET	Overlap
	FCX	F	9.95%	7.68%	7.68%
	SCCO	F	4.17%	4.29%	4.17%

COPA Overweight 2 Positions Relative to GMET

	Symbol	Grade	Weight
	IE	C	2.8%
	BVN	D	2.36%

COPA Underweight 4 Positions Relative to GMET

	Symbol	Grade	Weight
	ALB	B	-3.55%
	SQM	D	-1.66%
	SBSW	D	-0.8%
	MP	C	-0.78%

COPA: Top Represented Industries & Keywords

Industries: Copper Industrial Metals & Minerals Software - Application

Keywords: Mining Copper Molybdenum Artificial Intelligence Artificial Intelligence Services Cobalt Coke Copper Extraction Copper Mining In The United States Electrical Transmission Gold Lead Metallurgical Processes Metallurgy Metals Natural Sciences Oil And Gas Refinery Restorative Dentistry S&P 500

GMET: Top Represented Industries & Keywords

Industries: Copper Chemicals Gold Other Industrial Metals & Mining Specialty Chemicals

Keywords: Biocides Catalysts Chemical Elements Chloride Disinfectant Lithium Mining Molybdenum Potassium Refinery S&P 500 Smelting Acid Amines Antioxidant Antioxidants Antiseptics Batteries Beef Bromine