COPP vs. FTRI ETF Comparison
Comparison of Sprott Copper Miners ETF (COPP) to First Trust Indxx Global Natural Resources Income ETF (FTRI)
COPP
Sprott Copper Miners ETF
COPP Description
COPP aims to replicate an index comprised of 30 to 50 constituents with a significant portion of their revenue derived from copper mining, exploration, development, and production activities. Eligible securities must meet specific criteria, including minimum free float market capitalization and an Average Daily Traded Value threshold. Companies then undergo a selection process involving industry publications, research, and engagements with company management. Securities are weighted based on free float market capitalization, with excess weight redistributed among other constituents, ensuring portfolio diversification and preventing undue influence by individual companies. The index includes securities from domestic and international issuers, covering emerging and frontier markets, with notable representation from Canadian, Chilean, and Australian issuers. Reconstitution and rebalancing occur semi-annually, with deletions possible at any time due to corporate actions. COPP may also invest in publicly traded closed-ended trusts within the index's purview.
Grade (RS Rating)
Last Trade
$22.57
Average Daily Volume
16,955
4
FTRI
First Trust Indxx Global Natural Resources Income ETF
FTRI Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Indxx Global Natural Resources Income Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the index. The index is a 50-stock free float adjusted market capitalization weighted index designed to measure the market performance of the 50 highest dividend yielding companies involved in the upstream segment of the natural resources sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$12.72
Average Daily Volume
59,167
20
Performance
Period | COPP | FTRI |
---|---|---|
30 Days | -10.33% | -5.50% |
60 Days | -2.72% | -2.03% |
90 Days | -3.05% | -3.25% |
12 Months | 6.66% |
1 Overlapping Holdings
Symbol | Grade | Weight in COPP | Weight in FTRI | Overlap | |
---|---|---|---|---|---|
FCX | F | 24.18% | 10.43% | 10.43% |
COPP Underweight 19 Positions Relative to FTRI
COPP: Top Represented Industries & Keywords
FTRI: Top Represented Industries & Keywords