Global X Copper Miners ETF vs Newmont Corporation — how do they compare? Global X Copper Miners ETF trades at $84.02 (market cap $7.37B), while Newmont Corporation trades at $117.8 (market cap $119.64B). The key difference: Newmont Corporation is far larger — about 16.2× Global X Copper Miners ETF's market cap, and Newmont Corporation pays a 0.92% dividend while Global X Copper Miners ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold Global X Copper Miners ETF for 50 Days and Newmont Corporation for 58 Days on average.
| COPX | NEM | |
|---|---|---|
Market Cap | $7.37B | $119.64B |
Volume | 1,988,532 | 4,343,460 |
Sector | Commodities - Metals/Agriculture | Basic Materials |
52-Week High | $96.45 | $135.14 |
52-Week Low | $57.43 | $78.63 |
Typical Hold Time | 50 Days | 58 Days |
Enterprise Value | — | $116.23B |
Dividend Yield | — | 0.92% |
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.
NEM trades at $115.55, down 0.72% on the day, with a bearish technical signal but strong fundamentals. Recent earnings beats and record free cash flow of $5.3B in H1 2026 highlight operational strength. The stock is supported by a 75.68% analyst buy rating and a consensus price target of $136.83, though it faces near-term resistance at $116.
The outlook remains positive given robust profitability and growth, but risks include gold price volatility and execution of per-share growth targets. Upside potential exists if the company continues to exceed earnings expectations and maintains its cash flow momentum.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →