Ticker: COPX (Global X Copper Miners ETF)
Why Copper?
Copper is in the middle of a structural supercycle. AI data center buildouts, global electrification, and defense spending are driving demand growth that miners simply can’t keep up with. J.P. Morgan projects a 330,000-ton refined copper deficit in 2026.
Copper rallied over 40% in 2025 and recently hit all-time highs. These trades positions you to capture the next leg higher through copper miners at a discount.