5 Best Mining ETFs

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

5-Year Performance as of September 9: 76.04%

The Global X Copper Miners ETF (NYSE:COPX), one of the best mining ETFs, aims to match the price and yield performance of the Solactive Global Copper Miners Total Return Index, excluding fees and expenses. This ETF grants investors access to a diversified selection of copper mining companies. Launched on April 19, 2010, the fund, as of September 8, 2023, holds net assets totaling $1.53 billion and comes with an expense ratio of 0.65%. Its portfolio consists of 39 stocks.

Southern Copper Corporation (NYSE:SCCO) is one of the largest holdings of the Global X Copper Miners ETF (NYSE:COPX). It is involved in the mining, exploration, smelting, and refining of copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. 

According to Insider Monkey’s second quarter database, 25 hedge funds were bullish on Southern Copper Corporation (NYSE:SCCO), up from 19 funds in the last quarter. Paul Marshall and Ian Wace’s Marshall Wace LLP is the leading stakeholder of the company, with 563,758 shares worth $40.44 million.