COPX vs GNR: Holdings Overlap
COPXGlobal X Copper Miners ETF
Global X · 39 holdings · $7.8B · as of 2026-04-30
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
Holdings snapshots are 98 days apart (COPX: 2026-04-30, GNR: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are COPX and GNR?
Global X Copper Miners ETF (COPX, by Global X) holds 39 positions; State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94. They have 9 holdings in common, and by portfolio weight the two funds are 11.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 11.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9COPX holds 39 · GNR holds 94
- Weight in Shared Holdings
- COPX 41%·GNR 12%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in COPX
30 of 39 positions (58.6% of the fund) are not held by GNR.
Sector Breakdown
| Sector | COPX | GNR |
|---|---|---|
| Materials | 77.9% | 57.3% |
| Energy | 0.0% | 32.0% |
| Consumer Staples | 0.0% | 3.6% |
| Real Estate | 0.0% | 1.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 21.9% | 5.5% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (22% of COPX, 6% of GNR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| COPX | +18.0% | +23.0% | +100.2% | +32.7% | +21.6% | +20.3% | 2.19% |
| GNR | +9.0% | +20.6% | +37.3% | +13.2% | +11.1% | +10.4% | 2.46% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in COPX vs GNR →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by BHP, FCX and GLENPEN.
 BHPBHP Group Ltd. NPV | 4.91% | 5.32% | 4.91% |
|---|---|---|---|
 FCXFreeport-McMoRan Inc. CL B | 5.04% | 2.36% | 2.36% |
 GLENPENGlencore PLC | 5.99% | 1.74% | 1.74% |
 TECKTeck Resources Ltd., Class B | 4.85% | 0.71% | 0.71% |
 FJZZijin Mining Group Co Ltd | 3.90% | 0.65% | 0.65% |
 FMFirst Quantum Minerals Ltd. | 3.97% | 0.49% | 0.49% |
 ANTOAntofagasta PLC | 4.86% | 0.44% | 0.44% |
 SCCOSouthern Copper Corporation COM | 4.84% | 0.39% | 0.39% |
 IVNIvanhoe Mines Ltd., Class A | 2.77% | 0.15% | 0.15% |
Frequently Asked Questions
How much do COPX and GNR overlap?
COPX and GNR overlap by 11.8% of portfolio weight. They share 9 holdings (COPX holds 39 positions and GNR holds 94), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COPX and GNR?
The two portfolios are 11.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of COPX and GNR?
The largest positions held by both funds are BHP, FCX, GLENPEN, TECK and FJZ. Together the top 9 shared positions account for 100% of the total overlap.
What does COPX own that GNR doesn't?
30 positions (58.6% of COPX) are unique to COPX, led by LUN, 5713 and KGH. In the other direction, 85 positions (87.1% of GNR) are unique to GNR.