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THEME INDICES

STOXX Global Copper Miners

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Index Description

The STOXX Global Copper Miners Index is comprised of companies with significant exposure to the copper mining industry either through revenue percentage or market share. These companies, or components of their business lines, are expected to benefit from infrastructure developments in major countries and the global trend towards cleaner energy and electric cars, which, in the future, may have a substantial impact on their performance. Revere (RBICS) Focus and Revenue datasets allow detailed breakdown of the revenue sources of the eligible companies, helping this index to select companies with substantial exposure to the copper industry.

Key facts

  • Index provides exposure to the copper mining industry.
  • Based on Factset Revere (RBICS) Focus and Revenue data sets.
  • The index is price-weighted with weighting factors based on free-float market capitalization with group and individual capping.

Descriptive Statistics

Index Market Cap (USD bn) Components (USD bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX Global Copper Miners N/A 1,049.8 25.6 13.5 86.1 0.9 8.2 0.1 33.3
STOXX World AC All Cap 116,149.8 88,279.3 6.1 0.4 3,434.8 0.0 3.9 0.0 3.2

Supersector weighting (top 10)

Country weighting

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
STOXX Global Copper Miners -8.6 13.8 36.8 30.1 135.6 N/A N/A 36.7 9.1 18.6
STOXX World AC All Cap -2.3 15.1 32.3 14.3 64.8 N/A N/A 32.1 4.5 10.5
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global Copper Miners N/A N/A 27.2 30.6 32.8 N/A N/A 1.3 0.3 0.5
STOXX World AC All Cap N/A N/A 10.5 14.5 17.3 N/A N/A 2.6 0.2 0.5
Index to benchmark Correlation Tracking error (%)
STOXX Global Copper Miners 0.5 0.5 0.6 0.6 0.7 17.5 23.3 22.9 24.6 24.2
Index to benchmark Beta Annualized information ratio
STOXX Global Copper Miners 1.3 1.3 1.5 1.3 1.3 -4.3 0.0 0.2 0.2 0.3

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(USD, Net Return), all data as of October 31, 2024

THEME INDICES

STOXX Global Copper Miners

Fundamentals

Index Price/earnings incl. negative Price/earnings excl. negative Price/book Dividend yield (%)3 Price/sales Price/cash flow
Trailing Projected Trailing Projected Trailing Trailing Trailing
STOXX Global Copper Miners 47.4 16.4 21.7 21.7 2.1 3.2 1.8 -47.5
STOXX World AC All Cap -0.7 20.0 20.4 20.4 3.0 2.0 1.8 17.6

Performance and annual returns

Methodology

The parent index of the STOXX Global Copper Miners Index is the STOXX Global Copper Universe index.

A set of country, size and liquidity screens are applied on the STOXX Global Copper Miners Index to capture liquid companies from developed and emerging countries.

Companies that derive more than 50% of their most recent total annual revenue from sectors linked to copper mining are selected. If there are fewer than 50 companies with revenue exposure equal to or over 25% but less than 50% from relevant sectors are ranked by their revenue exposure and selected from the highest to the lowest revenue exposure until there are 50 stocks in the index. Then, the companies with the top fifty percent in market share from related sectors are selected to ensure that companies with high dollar revenues from copper mining are represented.

The index is price-weighted with weighting factors based on free-float market capitalization with group and individual capping, and its composition is reviewed annually in September.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH1213355337 STXCPPRG .STXCPPRG
Price EUR CH1213355329 STXCPPRP .STXCPPRP
Net Return EUR CH1213355345 STXCPPRR .STXCPPRR
Gross Return USD CH1213355360 STXCPPRZ STXCPPRZ INDEX .STXCPPRZ
Price USD CH1213355352 STXCPPRL STXCPPRL INDEX .STXCPPRL
Net Return USD CH1213355378 STXCPPRV STXCPPRV INDEX .STXCPPRV

Quick Facts

Weighting Price weighted
Cap Factor 8%
No. of components Variable
Review frequency Annually
Calculation/distribution Realtime 15 sec
Calculation hours 00:00:00 22:15:00
Base value/base date 1000 as of September. 18, 2017
History Available from Sep. 18, 2017
Inception date April. 06, 2023
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
Freeport-McMoRan Basic Resources USA 8.206%
BHP GROUP LTD. Basic Resources Australia 8.196%
Grupo Mexico SAB de CV Basic Resources Mexico 7.621%
Southern Copper Corp. Basic Resources USA 5.734%
First Quantum Minerals Ltd. Basic Resources Canada 5.310%
ANTOFAGASTA Basic Resources UK 5.214%
IVANHOE MINES Basic Resources Canada 5.017%
RIO TINTO SPN.ADR Basic Resources UK 5.001%
AMMAN MINERAL INTERNASIONAL Basic Resources Indonesia 4.907%
GLENCORE PLC Basic Resources UK 4.839%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of October 31, 2024

THEME INDICES

STOXX Global Copper Miners

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.