Sprott Copper Miners ETF rated Buy for strong copper demand driven by tech and defense sectors

The Sprott Copper Miners ETF (COPP) is rated Buy due to its focused exposure to copper, a metal benefiting from long-term demand growth driven by AI infrastructure, grid modernization, and defense spending. The ETF's portfolio is concentrated, with a significant holding in Freeport-McMoRan, which provides leverage against U.S. tariffs but increases concentration risk. Despite recent price dips, COPP has outperformed since inception and remains well-positioned for future growth amid structural supply deficits and strong demand catalysts.