12 Best Global ETFs to Buy

Page 10 of 10

1. Global X Copper Miners ETF (NYSE:COPX)

5-Year Share Price Performance as of March 21: 307.93%

Global X Copper Miners ETF (NYSE:COPX) gives investors exposure to a diverse range of copper mining firms. It aims to deliver investment results that follow the performance of the Solactive Global Copper Miners Total Return Index. Established on April 19, 2010, the fund has net assets of $2.9 billion as of March 19, 2025, and its portfolio includes 39 stocks. Global X Copper Miners ETF (NYSE:COPX) offers an expense ratio of 0.65%.

Southern Copper Corporation (NYSE:SCCO) is among the top holdings of the Global X Copper Miners ETF (NYSE:COPX). The company is involved in the mining, exploration, smelting, and refining of copper and other minerals across Peru, Argentina, Chile Mexico, and Ecuador. On March 13, UBS analyst Myles Allsop raised Southern Copper Corporation (NYSE:SCCO)’s rating from Neutral to Buy, while setting a price target of $120. His positive outlook is based on expectations of a copper market deficit driving prices higher and projected volume growth from the SCCO’s Tia Maria project, which could contribute around 10% growth over the next few years.

According to Insider Monkey’s Q4 database, 33 hedge funds were bullish on Southern Copper Corporation (NYSE:SCCO), an increase from 25 funds in the preceding quarter. Fisher Asset Management held the biggest position in the company, with 2.9 million shares worth over $268.2 million.

Overall, Global X Copper Miners ETF (NYSE:COPX) ranks first on our list of the best global ETFs. While we acknowledge the potential of COPX to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than COPX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 10 of 10