XMA
iShares S&P/TSX Capped Materials Index ETF

Full XMA fund page
VS
COPP
Global X Copper Producers Index ETF

Full COPP fund page

Compare iShares S&P/TSX Capped Materials Index ETF (XMA) vs Global X Copper Producers Index ETF (COPP) to find the best fit for your portfolio. XMA provides Non-Energy Materials and Business Services exposures, while COPP is primarily weighted in Non-Energy Materials. When evaluating costs, XMA features a management fee (MER) of 0.55%, compared to 0.81% for COPP. Performance-wise, XMA has returned 3.19% year-to-date with +$279 M in net flows, whereas COPP is at 5.54% with +$128 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-15.0-10.0-5.00.0%Sep 28Oct 5Oct 13Oct 20Oct 27

Key Data

Historical performance and flows

As of October 27, 2026
1M3MYTD1Y3Y
Perf.
XMA
-7.15%+6.50%+3.19%+23.86%+149.06%
COPP
-11.09%-1.97%+5.54%+25.32%+132.18%
Flows
XMA
-$5 M+$53 M+$279 M+$292 M+$350 M
COPP
+$6 M+$8 M+$128 M+$142 M+$167 M

XMA vs COPP exposure

Countries

XMA
Canada
97.93%
COPP
Canada
65.23%
USA
23.01%
Other
11.76%

Sectors

XMA
Non-Energy Materials
98.57%
COPP
Non-Energy Materials
99.83%
As of October 27, 2026

Top 10 Holdings

XMA
Agnico Eagle Mines Ltd.
14.50%
Barrick Mining Corp.
10.56%
Wheaton Precious Metals Corp.
9.62%
Franco-Nevada Corp.
7.13%
Kinross Gold Corp.
5.13%
Nutrien Ltd.
5.10%
Teck Resources Limited
4.30%
First Quantum Minerals Ltd.
3.16%
Pan American Silver Corp.
3.08%
Lundin Mining Corp.
2.54%
COPP
First Quantum Minerals Ltd.
11.54%
Freeport-McMoRan, Inc.
11.05%
Southern Copper Corp.
10.72%
Teck Resources Limited
9.85%
Hudbay Minerals, Inc.
9.14%
Ivanhoe Mines Ltd.
8.88%
Lundin Mining Corp.
8.42%
Capstone Copper Corp.
6.31%
BHP Group Ltd.
4.92%
Rio Tinto Plc
4.36%

Diversification

XMA
Total weight of top 10 holdings out of 59 total
65.12%
COPP
Total weight of top 10 holdings out of 19 total
85.19%

Characteristics

Compare
XMA
COPP
ProvideriSharesGlobal X
ManagementPassively managedPassively managed
BenchmarkS&P/TSX Capped Materials Index - CADSolactive North American Listed Copper Producers Index NR - USD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield0.53%0.17%
Meets ESG criteriaNoNo
Inception DateDecember 19, 2005May 16, 2022

Frequently asked questions about XMA and COPP

Which ETF has performed better year to date: XMA or COPP?
As of October 27, 2026, XMA has returned 3.19% year to date, while COPP has returned 5.54%. COPP is ahead on YTD performance.
Which ETF is larger by assets under management: XMA or COPP?
As of October 27, 2026, XMA manages $672.38 M in assets, while COPP manages $182.70 M. XMA is the larger fund by AUM.
How are XMA and COPP managed?
XMA is passively managed by iShares. It tracks the S&P/TSX Capped Materials Index - CAD benchmark. COPP is passively managed by Global X. It tracks the Solactive North American Listed Copper Producers Index NR - USD benchmark.
What sectors do XMA and COPP emphasize?
XMA is most exposed to Non-Energy Materials and Business Services. COPP is most exposed to Non-Energy Materials.
Which ETF is attracting more investor flows: XMA or COPP?
Year to date, XMA has seen +$278.83 M in net flows, compared with +$127.98 M for COPP. XMA has attracted more net investor money so far.
How do the fees of XMA and COPP compare?
XMA has an expense ratio of 0.61%, while COPP has an expense ratio of 0.79%.
What are the top holdings of XMA and COPP?
XMA's largest holdings include Agnico Eagle Mines Ltd., Barrick Mining Corp., and Wheaton Precious Metals Corp.. COPP's top holdings include First Quantum Minerals Ltd., Freeport-McMoRan, Inc., and Southern Copper Corp..
Which ETF is more diversified: XMA or COPP?
XMA holds 59 securities, while COPP holds 19. On holdings count, XMA is the more diversified portfolio.

Recent articles about XMA and COPP

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