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Comparing Copper Investment Methods: Freeport-McMoRan and Copper ETFs

The Motley Fool +1 · ·by G4L

FCX Freeport-McMoRan Inc
$62.12 +3.00%
View chart & analysis →
COPX COPX +0.75%
  1. 1Freeport-McMoRan supplies 70% of refined copper consumption in the United States.
  2. 2The Global X Copper Miners ETF holds 40 stocks and the COPX ETF has a value of 6 billion dollars.
  3. 3Copper ETFs help investors diversify bets on commodity stocks.

So what's the key point?

Freeport-McMoRan is responsible for 70% of copper consumption in the United States. Using a copper ETF allows for investing across various copper-related stocks.

Source The Motley Fool +1 · View original ↗

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