London Stock Exchange ETF segment · UCITS ETF
Invest in COPX ETF from India
Indian and foreign residents can buy Global X - Copper Miners UCITS ETF (COPX) units directly through Paasa.
By Paasa · Updated
COPX at a glance
- Price
- $66.23-$1.27 (1.88%)
- Expense ratio
- 0.55%
- Day range
- $65.67 – $66.91
- Assets
- $1.3B
- Domicile
- Ireland
- Holdings
- 40
- Launched
- 2021
- Dividends
- —
- 1 month
- -12.13%
- 6 months
- +17.68%
- YTD
- +16.75%
- 1 year
- +52.50%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1HUDBAY MINERALS INCHBM.TO5.7%
- 2TECK RESOURCES LTD-CLS BTECK-B.TO5.4%
- 3FIRST QUANTUM MINERALS LTDFM.TO5.4%
- 4SOUTHERN COPPER CORPSCCO5.3%
- 5BHP GROUP LTDBHP.AX5.0%
- 6FREEPORT-MCMORAN INCFCX5.0%
- 7GLENCORE PLCGLEN.L4.7%
- 8ANTOFAGASTA PLCANTO.L4.6%
- 9KGHM POLSKA MIEDZ SAKGH.WA4.6%
- 10BOLIDEN ABBOL.ST4.2%
COPX holds 40 securities in total. These 10 are 49.8% of the fund.
Where the money is invested
Sectors
- Basic Materials97.4%
- Industrials2.6%
Countries
- Canada39.0%
- Australia12.0%
- United States11.2%
- China8.9%
- Japan6.6%
- Switzerland4.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| COPXAMEXGlobal X - Copper Miners ETF | 0.65% | 7.4B |
| COPMSIXiShares Copper Miners UCITS ETF | 0.55% | 777.8M |
Assets are shown in each fund's own reporting currency.
How to invest in COPX from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search COPX and buy
Find the fund by its ticker, COPX, on the London Stock Exchange ETF segment, and place your order.
Why invest in COPX from India
What COPX holds
This ETF, the Global X Copper Miners UCITS ETF (COPX LN), is designed to track the performance (both in terms of price movement and dividends) of the Solactive Global Copper Miners v2 Index, before accounting for any associated fees and expenses.
Outside US estate tax
COPX is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
COPX is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why COPX's UCITS structure matters for Indian investors
COPX is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy COPX from India?
Yes. Indian residents can buy Global X - Copper Miners UCITS ETF (COPX) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does COPX invest in?
Global X - Copper Miners UCITS ETF holds 40 securities. Its largest holdings are HUDBAY MINERALS INC (5.7%), TECK RESOURCES LTD-CLS B (5.4%) and FIRST QUANTUM MINERALS LTD (5.4%). Basic Materials is its largest sector at 97.4%. The fund is domiciled in Ireland.
What is the expense ratio of COPX?
Global X - Copper Miners UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.3B.
Is COPX a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - Copper Miners UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell COPX?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.