The best copper ETFs/ETCs

How to invest in copper using ETFs/ETCs

0.49% p.a. - 1.20% p.a.
annual total expense ratio (TER) of copper ETFs/ETCs
on copper, which are tracked by ETFs
on copper
 
The best indices for copper ETFs/ETCs

How can I invest in copper?

With ETFs you not only have the opportunity to invest in equity or bonds. You can also participate in the price development of commodities like copper. However, there are a few things you should know: commodity ETFs always track a whole basket of different commodities, covering at least some of the following segments:
 

Why there are no copper ETFs in most European countries

There are no copper ETFs that are domiciled within the European Union. This is due to the regulatory framework which is defined by the UCITS directive. According to these guidelines, an index (and thus also corresponding ETFs) must always provide a minimum degree of diversification and may not consist of only one component. Consequently, regulations in the EU do not allow the launch of a copper ETF.

If you want to invest in a single commodity like copper, you can do so via Exchange Traded Commodities (ETC). Please have a look at our article "What is an ETC?" for a detailed explanation of the similarities and differences between ETFs and ETCs.
 

Swap-based copper ETCs

ETCs track the value of copper based on futures contracts. Copper ETCs are backed with collateral, which is usually checked on a daily basis. The collateral is in the form of cash investments or securities with top credit standing.

Copper ETCs are a suitable instrument for participating in the price development of copper. Keep in mind, however, that you are investing in futures contracts and not directly in copper. In this investment guide you will find all ETCs that allow you to invest in copper.
 

Bloomberg Copper performance

1 month: -5.85%
1 year: 16.46%
3 years: 11.31%
5 years: 55.34%
 

Copper ETFs/ETCs in comparison

The most important factors at a glance

When choosing a copper ETF or ETC one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all copper ETFs/ETCs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all copper ETFs/ETCs in detail
Compare all copper ETFs/ETCs in a chart

Provider
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
WisdomTree CopperGB00B15KXQ89 978 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree Copper - EUR Daily HedgedJE00B4PDKD43 38 0.49% p.a. Accumulating Jersey Swap-based
BNPP Kupfer (TR) ETCDE000PB8C0P8 7 0.90% p.a. Accumulating Netherlands Swap-based
BNPP RICI Kupfer (TR) Enhanced ETCDE000PB8R1C7 1 1.00% p.a. Accumulating Netherlands Swap-based
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETCDE000PZ9REC4 1 1.20% p.a. Accumulating Netherlands Swap-based
BNPP RICI Enhanced Kupfer (TR) ETC USDDE000PR5RCU8 0 0.99% p.a. Accumulating Netherlands Swap-based
SG ETC COMEX Copper Futures (HG)-KontraktDE000ETC0787 - 0.90% p.a. Accumulating Germany Swap-based

Source: justETF.com; As of 21.07.24

 

Return comparison of all copper ETFs/ETCs

The table shows the returns of all copper ETFs/ETCs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
BNPP RICI Kupfer (TR) Enhanced ETC -1.32% 11.43% 19.00% 23.40% -
BNPP RICI Enhanced Kupfer (TR) ETC USD -1.90% 11.36% 18.62% 23.15% -
WisdomTree Copper -3.93% 11.23% 17.38% 20.25% 15.44%
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC -2.99% 10.02% 14.35% 19.49% -
BNPP Kupfer (TR) ETC -3.83% 9.91% 17.50% 19.16% -
WisdomTree Copper - EUR Daily Hedged -5.16% 9.75% 12.71% 16.00% -3.46%
SG ETC COMEX Copper Futures (HG)-Kontrakt -3.85% 11.29% 17.41% - -
ETF   2024
in %
2023
in %
2022
in %
2021
in %
2020
in %
BNPP RICI Kupfer (TR) Enhanced ETC 19.00% 3.34% - - -
BNPP RICI Enhanced Kupfer (TR) ETC USD 18.62% 3.27% - - -
BNPP Kupfer (TR) ETC 17.50% 0.89% - - -
SG ETC COMEX Copper Futures (HG)-Kontrakt 17.41% - - - -
WisdomTree Copper 17.38% -0.22% -9.68% 36.19% 11.72%
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC 14.35% 4.64% - - -
WisdomTree Copper - EUR Daily Hedged 12.71% 0.45% -17.47% 23.96% 19.89%

Source: justETF.com; As of 30.06.24; Calculations in EUR including dividends