Global X Copper Miners ETF vs ProShares UltraPro Short QQQ ETF — how do they compare? Global X Copper Miners ETF trades at $89.96, while ProShares UltraPro Short QQQ ETF trades at $36.93. The key difference: Global X Copper Miners ETF is trading nearer its 52-week high, ProShares UltraPro Short QQQ ETF nearer its low. Which is the better fit depends on your goals.
| COPX | SQQQ | |
|---|---|---|
Sector | Commodities - Metals/Agriculture | Leveraged / Inverse |
52-Week High | $95.70 | $92.95 |
52-Week Low | $46.08 | $36.31 |
Trailing returns across standard periods
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 →SQQQ is a leveraged inverse ETF that seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index. It is a tactical trading tool designed for sophisticated investors to profit from or hedge against declines in large-cap technology and growth stocks. Due to its daily reset and the effects of compounding, it is intended for short-term use and carries significant risk if held during periods of high market volatility.
Read more on SQQQ →