Sprott to Add Physical Copper Allocation to Its Copper Miners ETF (COPP)

Strategic Insights -

Sprott Asset Management USA, Inc. announced that the Sprott Copper Miners ETF (COPP) will include an allocation to physical copper, effective June 23, 2025. This change will make COPP the only ETF to provide exposure to physical copper and the only ETF to provide pure-play exposure to large-, mid-, and small-cap copper miners. The inclusion of physical copper will be achieved through the Sprott Physical Copper Trust, the world's first and only physical copper investment fund.

Key Takeaways:

  • The Sprott Copper Miners ETF (COPP) will include an allocation to physical copper, effective June 23, 2025, making it the only ETF to provide exposure to physical copper.
  • COPP will be the only ETF to provide pure-play exposure to large-, mid-, and small-cap copper miners.
  • The inclusion of physical copper will be achieved through the Sprott Physical Copper Trust, the world's first and only physical copper investment fund.
  • The revised Nasdaq Sprott Copper Miners TM Index methodology is available here.
  • The inclusion of physical copper is expected to provide investors with unprecedented access to physical copper alongside pure-play copper mining equities.
  • Sprott CEO John Ciampaglia stated, "Copper is essential in meeting the world's growing energy needs, and there are currently limited ways investors are able to access the opportunity."

Statistics:

  • The Sprott Copper Miners ETF (COPP) will hold a 4.75% allocation to physical copper via the Sprott Physical Copper Trust.
  • The Sprott Physical Copper Trust is the world's first and only physical copper investment fund.
  • COPP is part of Sprott's growing family of critical materials and precious metals ETFs, which now include 9 different ETFs.

Sources:

  • GlobeNewsWire, "Sprott to Add Physical Copper Allocation to Its Copper Miners ETF (COPP)"
  • Sprott Asset Management USA, Inc., "Sprott Critical Materials ETF"
  • Nasdaq, "Nasdaq Sprott Copper Miners TM Index"
  • Morningstar, "Natural Resources Sector Equity ETFs"
  • Morningstar, "Commodity Funds"