COPX vs GUNR: Holdings Overlap
COPXGlobal X Copper Miners ETF
Global X · 39 holdings · $7.8B · as of 2026-04-30
GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
FlexShares · 148 holdings · $7.2B · as of 2026-04-30
How similar are COPX and GUNR?
Global X Copper Miners ETF (COPX, by Global X) holds 39 positions; FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR, by FlexShares) holds 148. They have 8 holdings in common, and by portfolio weight the two funds are 9.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8COPX holds 39 · GUNR holds 148
- Weight in Shared Holdings
- COPX 40%·GUNR 9%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
31 of 39 positions (59.8% of the fund) are not held by GUNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | COPX | GUNR |
|---|---|---|
| Materials | 77.9% | 43.0% |
| Energy | 0.0% | 32.2% |
| Consumer Staples | 0.0% | 8.4% |
| Utilities | 0.0% | 4.2% |
| Real Estate | 0.0% | 0.9% |
| Other Sectors | 0.0% | 0.6% |
| Unclassified | 21.9% | 10.6% |
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, 11% of GUNR).
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% |
| GUNR | +6.1% | +16.9% | +32.8% | +11.8% | +10.9% | +10.3% | 2.30% |
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 GUNR →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by BHP, GLENPEN and FCX.
 BHPBHP Group Ltd. NPV | 4.91% | 4.16% | 4.16% |
|---|---|---|---|
 GLENPENGlencore PLC | 5.99% | 1.48% | 1.48% |
 FCXFreeport-McMoRan Inc. CL B | 5.04% | 1.42% | 1.42% |
 TECKTeck Resources Ltd., Class B | 4.85% | 0.58% | 0.58% |
 LUNLundin Mining Corp. | 6.06% | 0.41% | 0.41% |
 FMFirst Quantum Minerals Ltd. | 3.97% | 0.39% | 0.39% |
 ANTOAntofagasta PLC | 4.86% | 0.37% | 0.37% |
 BOLBoliden AB | 4.33% | 0.33% | 0.33% |
Frequently Asked Questions
How much do COPX and GUNR overlap?
COPX and GUNR overlap by 9.1% of portfolio weight. They share 8 holdings (COPX holds 39 positions and GUNR holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COPX and GUNR?
The two portfolios are 9.1% 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 GUNR?
The largest positions held by both funds are BHP, GLENPEN, FCX, TECK and LUN. Together the top 8 shared positions account for 100% of the total overlap.
What does COPX own that GUNR doesn't?
31 positions (59.8% of COPX) are unique to COPX, led by 5713, KGH and HBM. In the other direction, 140 positions (90.6% of GUNR) are unique to GUNR.