Global X Copper Miners ETF vs Schlumberger NV — how do they compare? Global X Copper Miners ETF trades at $84.46 (market cap $7.10B), while Schlumberger NV trades at $48.97 (market cap $72.69B). The key difference: Schlumberger NV is far larger — about 10.2× Global X Copper Miners ETF's market cap, and Schlumberger NV pays a 2.41% 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 Schlumberger NV for 99 Days on average.
| COPX | SLB | |
|---|---|---|
Market Cap | $7.10B | $72.69B |
Volume | 2,871,128 | 16,228,451 |
Sector | Commodities - Metals/Agriculture | Energy |
52-Week High | $96.45 | $60.10 |
52-Week Low | $57.43 | $31.72 |
Typical Hold Time | 50 Days | 99 Days |
Enterprise Value | — | $81.42B |
Dividend Yield | — | 2.41% |
Signals from Pluang's Aura AI — not financial advice
COPX (Global X Copper Miners ETF) trades at $83.58, down 3.13% amid bearish technical signals with 15 sell indicators versus 2 buy signals. The ETF faces pressure despite positive copper market fundamentals, with copper prices reaching all-time highs near $6.85 per pound. Recent news highlights copper's critical role in AI infrastructure and electrification trends, though mining equities have underperformed the underlying metal.
The copper shortage narrative supports long-term growth potential, but near-term headwinds include global surplus projections and Federal Reserve policy concerns. COPX offers leveraged exposure to copper prices, with analysts divided between buying dips and cautious holding patterns given valuation concerns and mining operational challenges.
SLB trades at $47.96, down 4.08% on the day, amid a bearish technical signal. The company has beaten EPS estimates for the last three quarters, with Q3 2026 results pending. Recent contract wins in the Rovuma Basin, Saudi Arabia, and Oman bolster revenue visibility. Cash flow from operations remains strong at $6.49B for 2025, though net cash flow was negative due to financing activities.
Analyst consensus is bullish with an 84.85% buy rating and a $64.58 price target, implying significant upside. Risks include exposure to oil price volatility and recent profit margin compression. The stock's current valuation metrics, including a P/E of 23.89, appear reasonable given growth prospects.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →Schlumberger is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.
Read more on SLB →