Compare Global X Copper Miners ETF (COPX) vs Iris Energy Limited (IREN) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Global X Copper Miners ETF vs Iris Energy Limited — how do they compare? Global X Copper Miners ETF trades at $84.47 (market cap $7.37B), while Iris Energy Limited trades at $36.87 (market cap $15.25B). The key difference: Iris Energy Limited is far larger — about 2.1× Global X Copper Miners ETF's market cap, and Global X Copper Miners ETF is trading nearer its 52-week high, Iris Energy Limited nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Global X Copper Miners ETF for 50 Days and Iris Energy Limited for 28 Days on average.
| COPX | IREN | |
|---|---|---|
Market Cap | $7.37B | $15.25B |
Volume | 1,988,532 | 51,114,233 |
Sector | Commodities - Metals/Agriculture | Technology |
52-Week High | $96.45 | $76.41 |
52-Week Low | $57.43 | $29.31 |
Typical Hold Time | 50 Days | 28 Days |
Enterprise Value | — | $17.19B |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
COPX (Global X Copper Miners ETF) is trading at $83.58, down 3.13% with a bearish technical signal. The ETF faces selling pressure with 15 sell signals versus 2 buy signals across technical indicators. Copper fundamentals remain strong with prices near all-time highs above $6.85 per pound, driven by AI infrastructure demand and supply constraints. Recent news highlights copper's critical role in electrification and AI infrastructure, though technical indicators suggest near-term weakness.
The long-term copper thesis remains compelling due to structural supply deficits and AI-driven demand growth. However, near-term risks include potential Federal Reserve policy impacts and mining equity underperformance relative to copper prices. The ETF offers operational leverage to copper prices but faces volatility from global surplus projections and macroeconomic factors.
IREN trades at $38.69, down 6.27% amid bearish technical signals despite strong analyst support with 12 buy ratings and an $81 consensus target. The stock faces fundamental challenges with negative net income margin (-99.38%) and ROE (-23.41%) despite 2025 revenue of $501M. Recent news highlights the company's pivot from Bitcoin mining to AI infrastructure with major contracts including a $9.7B Microsoft deal, though execution risks and capital intensity concerns weigh on sentiment.
The outlook remains bifurcated with Wall Street optimism for long-term AI infrastructure growth potential conflicting with near-term profitability challenges. Key opportunities include the 5GW+ power pipeline and hyperscaler partnerships, while risks center on execution of massive spending plans, competitive pressures, and the sustainability of current valuation multiples given negative earnings trends.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About Global X Copper Miners ETF
COPX tracks the Solactive Global Copper Miners Total Return Index, providing broad exposure to companies worldwide involved in copper mining, refining, and exploration. It serves as an equity-based alternative to copper futures, offering a leveraged play on copper demand driven by global infrastructure and the clean energy transition.
Read more on COPX →About Iris Energy Limited
Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.
Read more on IREN →
