Themes Copper Miners ETF

The Themes Copper Miners ETF is a passively managed exchange-traded fund that tracks the BITA Global Copper Mining Select Index, focusing on companies deriving significant revenue from copper mining, exploration, refining, and royalties. Launched on September 24, 2024, it provides investors with targeted exposure to the global copper mining sector, which plays a critical role in supplying this essential metal for industries like renewable energy, electric vehicles, construction, and electronics. The ETF holds approximately 54 stocks, with top positions including Freeport-McMoRan Inc., Southern Copper Corp., First Quantum Minerals Ltd., Lundin Mining Corp., and Glencore PLC, reflecting a diversified mix of large, mid, and small-cap firms primarily from developed markets. Notable features include a low expense ratio of 0.35%, quarterly rebalancing, and a revenue-based weighting scheme that emphasizes purity leaders—those with at least 30% revenue from copper—and top revenue earners. With assets under management around $8-13 million and a dividend yield near 1%, the Themes Copper Miners ETF serves as a specialized vehicle for accessing copper production trends amid rising global demand for critical materials.