COPJ vs. COPA ETF Comparison
Comparison of Sprott Junior Copper Miners ETF (COPJ) to Themes Copper Miners ETF (COPA)
COPJ
Sprott Junior Copper Miners ETF
COPJ Description
COPJ tracks an index of 25 to 45 exchange-listed companies that derive at least 50% of their revenues and/or assets from mining, exploration, development, and production of copper. The index also includes companies that have or expect to have a significant portion of their business operations related to copper. Aside from the usual market cap and liquidity requirements, individual securities are also screened using a review of industry publications, sell side research, and fundamental research, as well as meetings with management. COPJ aims to capture exposure to mid-, small-, and micro cap securities from US and foreign issuers, and even those in emerging and frontier market countries. Securities are free float market cap weighted, with a cap of 4.75% per issuer. Reconstitution and rebalancing of the portfolio is done on a semi-annual basis in June and December.
Grade (RS Rating)
Last Trade
$21.97
Average Daily Volume
6,982
2
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
4
Performance
| Period | COPJ | COPA |
|---|---|---|
| 30 Days | -4.06% | -6.03% |
| 60 Days | 1.52% | |
| 90 Days | 0.46% | |
| 12 Months | 31.46% |
1 Overlapping Holdings
| Symbol | Grade | Weight in COPJ | Weight in COPA | Overlap | |
|---|---|---|---|---|---|
| IE | C | 5.14% | 2.8% | 2.8% |
COPJ Overweight 1 Positions Relative to COPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| NAK | B | 3.68% |
COPJ: Top Represented Industries & Keywords
COPA: Top Represented Industries & Keywords
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