COPA ETF — Themes Copper Miners ETF

Themes Copper Miners ETF (COPA)

Updated October 16, 2026.

COPA is an ETF. its trailing-12-month yield is 3.75%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 95.0% over the past 2.1 years, 58.3 points ahead of SPY at 36.7%.

Themes Copper Miners ETF is an exchange-traded fund that tracks an index of companies deriving significant revenues from copper mining, exploration, and refining, investing at least 80% of its assets in index securities and related depositary receipts. The fund pays distributions annually with a current distribution rate in the low single digits; the most recent distribution was special and may not recur on the same basis. With an expense ratio of 0.35%, the fund appeals to investors seeking concentrated exposure to copper industry equities and related commodity price movements.

COPA performance versus SPY

Price and return data through 2026-10-16.

Total return is 95.0% over the past 2.1 years, 58.3 points ahead of SPY at 36.7%. Over the past year its total return — price change plus distributions reinvested — is 33.7%. Its deepest 1-year drawdown was 28.0%.

COPA key facts

Distribution Safety Score™

50 · Unproven

Issuer

Themes

Asset type

ETF

Asset class

Equity

Inception date

09/23/2024

Expense ratio

0.35%

Distribution frequency

Annual

Trailing yield

3.75%

Last close

$49.12 (as of 2026-10-16)

AUM

$12,638,408

Average volume

2210.0

Dividend

$1.84

Ex-dividend date

12/18/2025

Beta

2.0614

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.75%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Themes; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

COPA risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 28.0%.

Who may consider COPA — and who may not

It is a weaker fit for investors who need monthly cash flow (COPA pays annual). This is educational context, not a recommendation to buy or sell.

More on COPA

• All tickers starting with C

Tagged: Metals, Materials.

Frequently asked questions

More securities from Themes.