COPX vs RING overlap - what they share and where they differ

COPX and RING share 4.5% of their weight across 2 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

COPX and RING

4.5%

2 shared positions

COPX

Global X Copper Miners ETF

Reported positions cover 100% of the fund, 39 positions · Apr 30, 2026

Top 10: 53.3%·Holdings of COPX

RING

iShares MSCI Global Gold Miners ETF

Reported positions cover 100% of the fund, 40 positions · May 31, 2026

Top 10: 69.3%·Holdings of RING

Reported positions cover COPX 100%, RING 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

RING vs COPX side by side

COPXGlobal X Copper Miners ETF

39

stock positions reported to the SEC

93.0% of its weight is in 37 names RING does not hold

RINGiShares MSCI Global Gold Miners ETF

40

stock positions reported to the SEC

95.0% of its weight is in 38 names COPX does not hold

Where each fund's weight sits

COPX
RING
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Basic Materials
28.3%
81.2%
Consumer Cyclical
2.6%
0.6%
Real Estate
0.0%
1.6%
Utilities
0.0%
0.6%
Financial Services
0.5%
0.0%

The widest gap is Basic Materials: RING has 52.8 points more of it.

The figures side by side

COPXRING
Filing dateApr 30, 2026May 31, 2026
Stock positions reported3940
Weight of the ten largest53.3%69.3%
Largest positionLUNDIN MINING CORPORATION 6.1%NEM 16.3%
Held alone37 positions, 93.0%38 positions, 95.0%
Covered by stock positions100%100%

Holdings they share

StockIn COPXIn RINGCounted
ZIJIN MINING GROUP COMPANY LIMITED3.90%3.68%3.68%
CHINA GOLD INTERNATIONAL RESOURCES CORP. LTD.2.84%0.86%0.86%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in COPX

LUNDIN MINING CORPORATION6.06%
GLENCORE PLC5.99%
SUMITOMO METAL MINING CO., LTD.5.97%
KGHM POLSKA MIEDZ SPOLKA AKCYJNA5.81%
FCXFREEPORT-MCMORAN INC.5.04%
HBMHudbay Minerals Inc.4.94%
BHPBHP GROUP LIMITED4.91%
ANTOFAGASTA PLC4.86%
TECKTeck Resources Limited4.85%
SCCOSOUTHERN COPPER CORPORATION4.84%

Only in RING

NEMNEWMONT CORPORATION16.31%
AEMAGNICO EAGLE MINES LIMITED12.34%
BBARRICK MINING CORPORATION9.01%
WPMWheaton Precious Metals Corp.7.38%
AUANGLOGOLD ASHANTI PLC4.65%
KGCKINROSS GOLD CORPORATION4.54%
GFIGold Fields Limited3.89%
CDECOEUR MINING, INC.3.88%
PAASPan American Silver Corp.3.62%
AGIALAMOS GOLD INC.3.01%

Questions people ask

Is COPX the same as RING?

4.5% of their weight sits in the same 2 holdings. COPX also reports LUNDIN MINING CORPORATION, GLENCORE PLC, SUMITOMO METAL MINING CO., LTD., which the other does not. RING also reports NEM, AEM, B, which the other does not.

How is the overlap between COPX and RING measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of COPX and 100% of RING, so the number cannot exceed the smaller coverage.

Which holds more, RING or COPX?

COPX reports 39 stock positions and RING reports 40. 93.0% of COPX's weight sits in names RING does not hold, and 95.0% of RING's weight in names COPX does not hold. The ten largest positions are 53.3% of COPX and 69.3% of RING.

How do COPX and RING differ by sector?

The widest gap is Basic Materials: RING has 52.8 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.