Performance data is updated to 31 May 2026.
Global X Copper Miners ETF (WIRE) — Review & Analysis
WIRE has been the ASX's primary copper miners ETF since 2022, tracking the Solactive Global Copper Miners Index — a market-cap-weighted basket led by Freeport-McMoRan, Southern Copper, Antofagasta and Lundin Mining. AUM is $747.65 million, making it by far the largest copper-focused fund on the ASX. Compare WIRE alongside every metals and mining option on our commodities and resources ETF page.
WIRE now competes with CPPR (ETFS Global Pure Play Copper Miners ETF, launched April 2026). The two funds attack the same theme with different methodologies — WIRE is market-cap-tilted, giving major miners larger weight, while CPPR uses equal weighting that tilts toward mid-caps.
WIRE charges 0.65% p.a. versus CPPR at 0.39%, but has 80x the AUM and a four-year longer track record. Copper itself is leveraged to electrification, AI data-centre buildout and the global renewable energy transition — themes that span well beyond traditional resources cycles.
Copper miners are cyclical and volatile, with returns swinging on the copper price, global capex cycles, and Chinese property demand. The fund is unhedged. For investors looking at how copper fits into the broader AI infrastructure story, our AI boom beyond NDQ guide covers the full thematic chain.
Performance (% return)
Investment Focus
Themes
Exposure Regions
Portfolio Breakdown
| Company Name | % assets |
|---|---|
| BHP GROUP LTD | 5.34% |
| TECK RESOURCES-B | 5.27% |
| KGHM | 5.19% |
| GLENCORE PLC | 5.16% |
| ANTOFAGASTA PLC | 5.15% |
| HUDBAY MINERALS | 5.09% |
| FIRST QUANTUM | 4.99% |
| BOLIDEN AB | 4.80% |
| FREEPORT-MCMORAN | 4.59% |
| SOUTHERN COPPER | 4.59% |
| Sector | % assets |
|---|---|
| Metals & Mining | 99.77% |
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Every ASX ETF with AI exposure — chips, robotics, uranium, copper, defence, batteries. The full AI value chain ranked by 3-year returns to March 2026.
Commodity & Resource ETFs on the ASX: Every Way to Access Gold, Silver, Copper, Uranium, and More
There are 28 commodity and resource ETFs listed on the ASX, collectively managing $21.6 billion in assets. They span five broad categories: Precious Metals, Australian Resources, Specialty & Transition Metals, Uranium & Energy, and Soft Commodities.
Similar ETFs
| Stock | Name | 1 Year % |
|---|---|---|
| ACDC | Global X Battery Tech & Lithium ETF | +108.10% |
| XMET | BetaShares Energy Transition Metals ETF | +130.94% |
| ETPMPM | Physical Precious Metals Basket | +39.92% |
| GMTL | Global X Green Metal Miners ETF | +110.83% |
| VOLT | ETFS Global Lithium Miners ETF |
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Last updated: January 2026
