The best copper ETFs/ETCs
How to invest in copper using ETFs/ETCs
0.49% p.a. - 1.20% p.a.
annual total expense ratio (TER) of copper ETFs/ETCs
6 Indices
on copper, which are tracked by ETFs
7 ETFs
on copper
How can I invest in copper?
With ETFs you not only have the opportunity to invest in equity or bonds. You can also participate in the price development of commodities like copper. However, there are a few things you should know: commodity ETFs always track a whole basket of different commodities, covering at least some of the following segments:
- Energy: oil and gas
- Precious metals: gold, silver and platinum
- Industrial metals: e.g. zinc and copper
- Agriculture: including wheat and coffee
- Livestock: live cattle and lean hogs
Why there are no copper ETFs in most European countries
There are no copper ETFs that are domiciled within the European Union. This is due to the regulatory framework which is defined by the UCITS directive. According to these guidelines, an index (and thus also corresponding ETFs) must always provide a minimum degree of diversification and may not consist of only one component. Consequently, regulations in the EU do not allow the launch of a copper ETF.
If you want to invest in a single commodity like copper, you can do so via Exchange Traded Commodities (ETC). Please have a look at our article "What is an ETC?" for a detailed explanation of the similarities and differences between ETFs and ETCs.
Swap-based copper ETCs
ETCs track the value of copper based on futures contracts. Copper ETCs are backed with collateral, which is usually checked on a daily basis. The collateral is in the form of cash investments or securities with top credit standing.
Copper ETCs are a suitable instrument for participating in the price development of copper. Keep in mind, however, that you are investing in futures contracts and not directly in copper. In this investment guide you will find all ETCs that allow you to invest in copper.
Bloomberg Copper performance
1 month: 1.50%
1 year: 9.11%
3 years: 8.33%
5 years: 57.32%
Copper ETFs/ETCs in comparison
The most important factors at a glance
When choosing a copper ETF or ETC one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all copper ETFs/ETCs with details on size, cost, age, income, domicile and replication method ranked by fund size.
Compare all copper ETFs/ETCs in detail
Compare all copper ETFs/ETCs in a chart
| Provider ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| WisdomTree CopperGB00B15KXQ89 | 976 | 0.49% p.a. | Accumulating | Jersey | Swap-based | |
| WisdomTree Copper - EUR Daily HedgedJE00B4PDKD43 | 39 | 0.49% p.a. | Accumulating | Jersey | Swap-based | |
| BNPP Kupfer (TR) ETCDE000PB8C0P8 | 6 | 0.90% p.a. | Accumulating | Netherlands | Swap-based | |
| BNPP RICI Kupfer (TR) Enhanced ETCDE000PB8R1C7 | 2 | 1.00% p.a. | Accumulating | Netherlands | Swap-based | |
| BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETCDE000PZ9REC4 | 1 | 1.20% p.a. | Accumulating | Netherlands | Swap-based | |
| BNPP RICI Enhanced Kupfer (TR) ETC USDDE000PR5RCU8 | 0 | 0.99% p.a. | Accumulating | Netherlands | Swap-based | |
| SG ETC COMEX Copper Futures (HG)-KontraktDE000ETC0787 | - | 0.90% p.a. | Accumulating | Germany | Swap-based |
Source: justETF.com; As of 17.09.24
Return comparison of all copper ETFs/ETCs
The table shows the returns of all copper ETFs/ETCs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.
- Cumulative
- Calendar year
| ETF | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC | -0.08% | -4.33% | 13.27% | 14.40% | - | |
| BNPP RICI Kupfer (TR) Enhanced ETC | -2.15% | -5.88% | 11.24% | 14.05% | - | |
| BNPP RICI Enhanced Kupfer (TR) ETC USD | -2.25% | -5.91% | 11.25% | 13.91% | - | |
| WisdomTree Copper | -1.67% | -9.46% | 8.04% | 9.53% | 4.42% | |
| WisdomTree Copper - EUR Daily Hedged | 0.42% | -8.17% | 9.44% | 9.10% | -9.56% | |
| BNPP Kupfer (TR) ETC | -1.65% | -9.59% | 6.51% | 8.66% | - | |
| SG ETC COMEX Copper Futures (HG)-Kontrakt | -1.76% | -9.63% | 7.60% | - | - |
| ETF | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| BNPP RICI Kupfer (TR) Enhanced ETC | 12.51% | 3.34% | - | - | - | |
| BNPP RICI Enhanced Kupfer (TR) ETC USD | 12.34% | 3.27% | - | - | - | |
| BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC | 11.73% | 4.64% | - | - | - | |
| BNPP Kupfer (TR) ETC | 9.09% | 0.89% | - | - | - | |
| WisdomTree Copper | 8.83% | -0.22% | -9.68% | 36.19% | 11.72% | |
| SG ETC COMEX Copper Futures (HG)-Kontrakt | 8.59% | - | - | - | - | |
| WisdomTree Copper - EUR Daily Hedged | 7.47% | 0.45% | -17.47% | 23.96% | 19.89% |
Source: justETF.com; As of 31.08.24; Calculations in EUR including dividends
