Sprott Copper Miners ETF
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As of August 28, 2026
NAV
$45.53
NAV Daily Change
-$0.86
-1.85%
NAV Since Inception Cumulative Change1
142.98%
Ticker
COPP
Market Price2
$45.40
Premium/Discount3
-0.29%
Total Net Asset Value
$307.77 Million
Net Total Expense Ratio4
0.65%
Overview
Key Points
- Pure-Play† Copper ETF – The only copper ETF focused on copper miners and physical copper.
- Essential to Energy Transmission – A critical material crucial to almost every aspect of electricity, copper is essential to power grids, technology, manufacturing and the energy transition.
- Growing Demand and Challenged Supplies – The ETF will invest in copper miners poised to help capitalize on rising copper demand, despite copper’s constrained supplies, diminishing ore grades, extended lead times for new mines, and dwindling inventories.
- Well-Positioned Companies – Companies upstream in the supply chain may be well-positioned to benefit from the increased investment in copper necessary to meet the rising global demand for energy.
Investment Objective
Sprott Copper Miners ETF (Nasdaq: COPP) is the only†† ETF to provide pure-play† exposure to copper miners and physical copper. Copper demand is likely to increase due to surging energy consumption, further deepening the structural supply deficit. COPP seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Copper Miners™ Index (NSCOPP™). The Index is designed to track the performance of a selection of global securities in the copper industry, including copper producers, developers and explorers, and physical copper.
†The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
††Based on Morningstar’s universe of Natural Resources Sector Equity ETFs as of 6/30/2026.
Key Facts
Ticker
COPP
Listing Exchange
Nasdaq®
Benchmark Index
NSCOPP
Index Rebalance Frequency
Semi-Annually in June & December
ISIN
Show ISIN
ISIN: US85208P8813
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
Show CUSIP
CUSIP: 85208P881
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
March 5, 2024
Adviser
Sprott Asset Management USA, Inc.
Sub-Adviser
ALPS Advisors, Inc.
Distributor
ALPS Distributors, Inc.
Fees & Expenses4
| Management Fee | 0.65% |
| Other Expenses | 0.00% |
| Acquired Fund Fees and Expenses | 0.01% |
| Total Annual Fund Operating Expenses | 0.66% |
ETF Fund Details
August 28, 2026
Total Net Assets
$307,768,028.86
Shares Outstanding
6,760,000
Number of Holdings
80
Median 30 Day Bid Ask Spread
(As of August 27, 2026)
0.40%
Performance
Month-End Performance
Average Annual Total Returns (%) As of 7/31/2026
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | S.I.1 |
| Sprott Copper Miners ETF (Net Asset Value) |
0.29 | 3.47 | 10.92 | 82.09 | 34.91 |
| Sprott Copper Miners ETF (Market Price)2 |
-0.03 | 3.09 | 10.28 | 80.85 | 34.74 |
| Nasdaq Sprott Copper Miners™ Index (Benchmark)5 |
0.22 | 3.61 | 11.45 | 83.94 | 35.72 |
Quarter-End Performance
Average Annual Total Returns (%) As of 6/30/2026
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | S.I.1 |
| Sprott Copper Miners ETF (Net Asset Value) |
-9.46 | 8.69 | 10.60 | 70.92 | 36.23 |
| Sprott Copper Miners ETF (Market Price)2 |
-9.39 | 7.62 | 10.31 | 70.33 | 36.23 |
| Nasdaq Sprott Copper Miners™ Index (Benchmark)5 |
-9.45 | 9.34 | 11.21 | 72.99 | 37.12 |
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
* Returns less than one year are not annualized.
1 Inception Date: 3/5/2024.
2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
4 Reflects Total Annual Operating Expenses as outlined in the most recent prospectus. For the services the Adviser (Sprott Asset Management USA, Inc.) provides to the Fund, the Adviser is entitled to receive an annual advisory fee from the Fund calculated daily and paid monthly at an annual rate of 0.65% of net assets.
5 The Nasdaq Sprott Copper Miners™ Index (NSCOPP™) was co-developed by Nasdaq® (the “Index Provider”) and Sprott Asset Management LP (the “Sponsor”). The Index Provider and Sponsor co-developed the methodology for determining the securities to be included in the Index and the Index Provider is responsible for the ongoing maintenance of the Index. The Sponsor will provide certain services in connection with the Index including contributing inputs in connection with the eligibility and process to determine the initial selection and ongoing composition of the Index constituents.
Market Price vs. Net Asset Value Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: March 05, 2024.
Historical Premium/Discount: Market Price to Net Asset Value
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: March 05, 2024.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of August 29, 2026
| CY 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
| Days Traded at Premium | 158 | 36 | 22 | -- | -- |
| Days Traded at Discount | 84 | 24 | 37 | -- | -- |
Portfolio Characteristics*
As of 7/31/2026
| Number of issuers | 79 |
| Market Cap (Millions) | $516,596.03 |
| Weighted Avg. M.C. | $42,725.73 |
| Market Cap Breakdown (%) | |
| Large | 75.06% |
| Medium | 12.06% |
| Small | 7.98% |
| Undefined | 4.90% |
| Industry Weighting (%) | |
| Copper Equities | 94.12% |
| Physical Copper | 4.90% |
| Other | 0.98% |
† Excludes the Sprott Physical Copper Trust
†† Reflects equities classified by Sprott Asset Management.
††† Includes holdings focused on the physical ownership of copper: Sprott Physical Copper Trust.
Company Domicile Breakdown*
As of 7/31/2026
* Excludes cash
Holdings
As of 8/28/2026
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. | $79,983,748.35 | FCX | 2352118 | 1,046,223.00 | 25.99% |
| Teck Resources Ltd. | $30,020,128.94 | TECK | 2124533 | 432,941.00 | 9.75% |
| Antofagasta PLC | $25,867,033.90 | ANTO LN | 0045614 | 473,010.00 | 8.40% |
| First Quantum Minerals Ltd. | $15,170,872.03 | FM CN | 2347608 | 441,642.00 | 4.93% |
| Southern Copper Corp. | $15,099,135.64 | SCCO | 2823777 | 71,969.19 | 4.91% |
| KGHM Polska Miedz SA | $15,075,063.20 | KGH PW | 5263251 | 156,004.00 | 4.90% |
| Sprott Physical Copper Trust | $13,734,220.60 | COP/U | BRF1V03 | 1,163,917.00 | 4.46% |
| Hudbay Minerals Inc. | $13,666,216.07 | HBM | B05BQ98 | 466,583.00 | 4.44% |
| Lundin Mining Corp. | $12,714,132.30 | LUN CN | 2866857 | 455,126.00 | 4.13% |
| Capstone Copper Corp. | $10,839,655.35 | CS CN | BMY5XY9 | 930,878.00 | 3.52% |
| Sandfire Resources Ltd. | $8,319,974.15 | SFR AU | 6739739 | 497,548.00 | 2.70% |
| Ivanhoe Mines Ltd. | $7,735,706.19 | IVN CN | BD73C40 | 888,871.00 | 2.51% |
| MMG Ltd. | $6,744,409.86 | 1208 HK | 6728793 | 5,565,700.00 | 2.19% |
| Amman Mineral Internasional PT | $6,509,474.11 | AMMN IJ | BRK2Z98 | 26,111,700.00 | 2.12% |
| ERO Copper Corp. | $4,542,954.68 | ERO | BD6D4V2 | 116,996.00 | 1.48% |
| Trekor Metals Ltd. | $4,183,647.30 | TGB | BRSCTS7 | 455,735.00 | 1.36% |
| NGEx Minerals Ltd. | $3,986,491.97 | NGEX CN | BVBCQW5 | 198,163.00 | 1.30% |
| Minsur SA | $3,006,290.34 | MINSURI1 | 2595797 | 1,324,980.00 | 0.98% |
| iShares MSCI India ETF | $2,546,442.36 | INDA | B6XGR72 | 51,381.00 | 0.83% |
| ATALAYA MINING COPPER SA | $2,430,751.78 | ATYM LN | BYZTVM8 | 161,885.00 | 0.79% |
| Ivanhoe Electric Inc. / US | $1,790,858.79 | IE | BPF0KH6 | 160,041.00 | 0.58% |
| Sociedad Minera Cerro Verde SAA | $1,666,350.00 | CVERDEC1 | 2677929 | 24,150.00 | 0.54% |
| FireFly Metals Ltd. | $1,365,981.78 | FFM AU | BPDXXB2 | 1,000,838.00 | 0.44% |
| Faraday Copper Corp. | $1,344,697.29 | FDY CN | BLNNJN8 | 330,318.00 | 0.44% |
| Solaris Resources Inc. | $1,270,929.20 | SLS CN | BMQ5701 | 147,993.00 | 0.41% |
| Amerigo Resources Ltd. | $1,126,489.68 | ARG CN | 2855822 | 188,021.00 | 0.37% |
| Osisko Metals Inc. | $1,065,939.76 | OM CN | BYW9WY0 | 851,741.00 | 0.35% |
| Sociedad Punta del Cobre SA | $918,027.68 | PUCOBREC | BGPFS63 | 47,311.00 | 0.30% |
| Imperial Metals Corp. | $735,537.12 | III CN | 2878937 | 108,562.00 | 0.24% |
| Atex Resources Inc. | $732,382.35 | ATX CN | BJLHNG9 | 384,252.00 | 0.24% |
| Gruvaktiebolaget Viscaria | $709,369.79 | VISC SS | BNDXB92 | 302,841.00 | 0.23% |
| Trilogy Metals Inc. | $695,344.08 | TMQ | BD89HT7 | 192,084.00 | 0.23% |
| Marimaca Copper Corp. | $683,706.51 | MARI CN | BKSCZX5 | 111,966.00 | 0.22% |
| Atlas Consolidated Mining & Development Corp. | $580,841.42 | AT PM | BD0R0N4 | 1,768,300.00 | 0.19% |
| Blue Moon Metals Inc. | $570,454.06 | MOON CN | BPCQCN7 | 103,004.00 | 0.19% |
| AIC Mines Ltd. | $548,092.63 | A1M AU | BK9PVF7 | 894,750.00 | 0.18% |
| Philex Mining Corp. | $528,885.19 | PX PM | B1FHVG5 | 2,913,900.00 | 0.17% |
| Regulus Resources Inc. | $528,595.69 | REG CN | BRGW934 | 146,401.00 | 0.17% |
| Central Asia Metals PLC | $521,973.95 | CAML LN | B67KBV2 | 216,584.00 | 0.17% |
| Aeris Resources Ltd. | $487,978.97 | AIS AU | BZ8W0K2 | 1,309,820.00 | 0.16% |
| Panoro Minerals Ltd. | $484,574.39 | PML CN | 2001551 | 350,900.00 | 0.16% |
| Koryx Copper SA | $430,925.54 | KRY CN | BV4K983 | 168,297.00 | 0.14% |
| Anglo Asian Mining PLC | $413,767.64 | AAZ LN | B0C1817 | 71,906.00 | 0.13% |
| Aldebaran Resources Inc. | $363,866.44 | ALDE CN | BVPW762 | 187,371.00 | 0.12% |
| Hot Chili Ltd. | $318,977.35 | HCH AU | BNRNW06 | 260,362.00 | 0.10% |
| Hercules Metals Corp. | $315,981.92 | BIG CN | BR2NNV7 | 348,671.00 | 0.10% |
| 29Metals Ltd. | $302,056.10 | 29M AU | BNNVRL0 | 1,187,608.00 | 0.10% |
| Gladiator Metals Corp. | $259,160.91 | GLAD CN | BP6JW10 | 130,081.00 | 0.08% |
| Copper Giant Resources Corp. | $239,387.56 | CGNT CN | BPJJX70 | 250,250.00 | 0.08% |
| Carnaby Resources Ltd. | $238,088.12 | CNB AU | BKB0C46 | 329,026.00 | 0.08% |
| King Copper Discovery Corp. | $235,744.57 | KCP CN | BTJTLW9 | 442,929.00 | 0.08% |
| PECOY COPPER Corp. | $228,213.73 | PCU CN | BTWQNW1 | 208,748.00 | 0.07% |
| Cyprium Metals Ltd. | $217,661.33 | CYM AU | BJDX9R8 | 552,373.00 | 0.07% |
| Cobre Ltd. | $209,660.62 | CBE AU | BKX8Q80 | 731,595.00 | 0.07% |
| Gunnison Copper Corp. | $193,732.01 | GCU CN | BT6MDV4 | 585,555.00 | 0.06% |
| Hillgrove Resources Ltd. | $191,510.38 | HGO AU | 6426150 | 252,174.00 | 0.06% |
| China Daye Non-Ferrous Metals Mining Ltd. | $174,146.77 | 661 HK | 6571180 | 8,175,200.00 | 0.06% |
| Los Andes Copper Ltd. | $158,810.12 | LA CN | BN4GHY7 | 16,791.00 | 0.05% |
| Andina Copper Corp. | $153,496.43 | ANDC CN | BTPN222 | 159,264.00 | 0.05% |
| Entree Resources Ltd. | $153,447.89 | ETG CN | BDT74S8 | 87,437.00 | 0.05% |
| Amarc Resources Ltd. | $151,682.09 | AHR CN | 2023094 | 202,780.00 | 0.05% |
| Midnight Sun Mining Corp. | $151,377.93 | MMA CN | B2NWY60 | 300,669.00 | 0.05% |
| Caravel Minerals Ltd. | $146,166.03 | CVV AU | B90KY77 | 647,664.00 | 0.05% |
| Prospect Resources Ltd. | $130,007.66 | PSC AU | B7740P8 | 864,099.00 | 0.04% |
| Element 29 Resources Inc. | $121,125.48 | ECU CN | BN93CY8 | 99,649.00 | 0.04% |
| Kingfisher Metals Corp. | $118,918.17 | KFR CN | BQXNYZ0 | 133,337.00 | 0.04% |
| Vizsla Copper Corp. | $117,226.53 | VCU CN | BVLJ6W6 | 105,835.00 | 0.04% |
| Fitzroy Minerals Inc. | $112,175.55 | FTZ CN | BPDZ1S1 | 354,462.00 | 0.04% |
| Austral Resources Australia Ltd. | $110,907.95 | AR1 AU | BK80SR4 | 2,211,457.00 | 0.04% |
| Selkirk Copper Mines Inc. | $101,016.94 | SCMI CN | BQ3RBY0 | 82,617.00 | 0.03% |
| Oroco Resource Corp. | $87,446.84 | OCO CN | B2QFFL8 | 233,811.00 | 0.03% |
| Jinchuan Group International Resources Co. Ltd. | $80,127.71 | 2362 HK | 6373988 | 987,700.00 | 0.03% |
| Kodiak Copper Corp. | $77,232.89 | KDK CN | BLTZKP7 | 135,925.00 | 0.03% |
| Intrepid Metals Corp. | $64,314.36 | INTR CN | BQB5NK6 | 102,781.00 | 0.02% |
| KGL Resources Ltd. | $61,619.68 | KGL AU | B066SP2 | 491,468.00 | 0.02% |
| Sterling Metals Corp. | $59,279.66 | SAG CN | BTLN356 | 62,439.00 | 0.02% |
| Copper Fox Metals Inc. | $53,376.88 | CUU CN | B02SP06 | 110,765.00 | 0.02% |
| Centauri Minerals Inc | $24,257.76 | CENT CN | BV8CYM4 | 18,737.10 | 0.01% |
| Copper 360 Ltd. | $15,991.36 | CPR SJ | BQBBB22 | 469,819.00 | 0.01% |
| Barksdale Resources Corp. | $11,176.83 | BRO CN | BKBLBG4 | 91,410.00 | 0.00% |
| Cash Equivalent | $640,605.68 | $640,605.68 | 0.17% |
80 total, excluding cash and cash equivalents. Subject to change.
Distributions
Ex-Date |
Record Date |
Payable Date |
Short-Term Capital Gains |
Long-Term Capital Gains |
Ordinary Income |
Total Distributions |
12/12/2024 |
12/12/2024 |
12/19/2024 |
- |
- |
$0.53 |
$0.53 |
12/18/2025 |
12/18/2025 |
12/22/2025 |
- |
- |
$0.82 |
$0.82 |
Literature
Fact Sheet
Quarterly Investor Presentation
5 Reasons to Invest
Index Rebalance
FAQs
Year-End Distributions
Press Releases
List of Sprott ETF Holdings
Regulatory Documents
- Tailored Shareholder Report, June 30, 2026
- Summary Prospectus
- Statutory Prospectus
- Statement of Additional Information
- Annual Reports Financial Statements and Other Important Information, December 31, 2025
- Tailored Shareholder Report, December 31, 2025
- Semi-Annual Financial Statements and Other Important Information, June 30, 2025
- Tailored Shareholder Report, June 30, 2025
- Annual Reports Financial Statements and Other Important Information, December 31, 2024
- Tailored Shareholder Report, December 31, 2024
- Tailored Shareholder Report, June 30, 2024
- Semi-Annual Financial Statements and Other Important Information, June 30, 2024
Commentary
Copper at Record Highs: Structural Demand Meets Constrained Supply
BY JACOB WHITE · 8/14/2026
Copper is reaching record highs as a tightening supply picture collides with a new era of strategic demand. Constrained concentrate markets and slow mine growth are revealing just how little flexibility exists across the global copper supply chain. We examine why these dynamics reinforce our bullish outlook for copper and copper miners.
Can Recycling Close the Critical Materials Supply Gap?
BY JUSTIN TOLMAN · 7/27/2026
As demand for critical materials accelerates, can recycling keep pace? Justin Tolman examines the recycling outlook for copper, lithium, rare earths, silver and other essential materials, explaining why recycling will play an increasingly important role in strengthening supply chains, but why new mining will remain indispensable to meeting future demand.
Metals and Miners: Policy Over Price
VIDEO · 7/8/2026
Markets are changing and policy is becoming just as important as price in shaping the outlook for critical materials. In this edition of Metals in Motion, Sprott's Justin Tolman explains how government intervention, supply chain security and market volatility are creating new opportunities across metals and mining, while highlighting what investors should watch in the second half of 2026.
Metals and Miners: Opportunities in the Strategic Resource Race
WEBCAST · 6/23/2026
As nations race to secure critical metals, macro and geopolitical forces are reshaping the outlook. In this mid-year webcast, Ryan McIntyre, Paul Wong and Ed Coyne break down the key drivers across gold, silver, copper, uranium and more, and what they may mean for markets and investment opportunities in the second half of 2026.
Copper at New Highs as AI and Electrification Fuel Demand
BY STEVE SCHOFFSTALL · 6/7/2026
Copper is powering the technologies shaping the future, from AI data centers and electrification to renewable energy and defense. Watch as Sprott ETF expert Steve Schoffstall explains why rising demand, constrained supply and long mine development timelines could create compelling opportunities for copper investors.
Copper’s Bullish Inflection: Where Demand Meets Disruption
BY JACOB WHITE · 5/1/2026
Copper’s strong April rebound highlights its resilience. The growing demand for electrification and energy security is colliding with tightening supply, and geopolitical turmoil is disrupting supply chains. This shift reinforces copper’s role as a strategic asset and supports a constructive outlook for both physical copper and copper mining equities.
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Contact Us
Investment Adviser
Sprott Asset Management USA, Inc.
320 Post Road, Suite 230
Darien, CT 06820
Telephone: 888.622.1813
Distributor and Sub-Adviser
ALPS
1290 Broadway, Suite 1100
Denver, CO 80203
Client Services
Financial Advisors and Investors
Telephone: 888.622.1813
Email: invest@sprott.com
Standard Mail
Sprott ETFs
P.O. Box 1107
Denver, CO 80201
Overnight Mail
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1290 Broadway
Suite 1100
Denver, CO 80203