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NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc., a wholly-owned subsidiary of Sprott Inc., today announced that the Nasdaq indexes tracked by several of its ETFs will add rebalances in September and March beginning September 21, 2026. The indexes will be rebalanced on a quarterly basis in March, June, September and December, with the semi-annual index reconstitution coinciding with the June and December rebalances.
Sprott Junior Copper Miners ETF (COPJ) has high-beta exposure to small and micro-cap copper miners, outperforming peers in expansionary cycles. COPJ's 11.52% TTM yield reflects forced capital gains distributions from intense M&A activity, but its 0.76% expense ratio remains high. With a forward P/E of 7.58x and estimated long-term earnings growth of 18.98%, COPJ is attractively valued but exhibits extreme volatility (44% annualized).
If you owned Sprott Junior Copper Miners ETF (NASDAQ:COPJ) on Friday morning, you watched it open near $45.37 and close at $40.37, an 11% single-day tumble on June 5, 2026.
The Sprott Junior Copper Miners ETF (NASDAQ:COPJ) is the highest-beta public-market vehicle for betting that AI data center buildout breaks the copper supply curve over the next two years.
While gold has proved to be a hot commodity for the last few months, some naysayers have looked at March's short-term volatility as a reason to stay away from the precious metal for now.
Copper has climbed from roughly $9,173 per metric ton in April 2025 to nearly $12,951 per metric ton in early 2026, a move driven by structural demand from electric vehicles, data center buildouts, and grid electrification that shows no sign of reversing.
The Sprott Junior Copper Miners ETF is rated "Hold" due to compelling valuation but deteriorating technicals and high volatility. COPJ trades at a low 7.6x P/E and boasts a 19% long-term EPS growth rate, resulting in a PEG below 0.3x. Despite a high 11.52% yield and strong 1-year returns, COPJ faces bearish momentum, broken uptrend, and weak seasonality through September.
Key Takeaways While energy investments of all kinds have struggled amid conflict in the Middle East, uranium might offer a compelling long-term opportunity. Sprott Asset Management CEO John Ciampaglia noted that uranium's fundamentals remain sound, and that it remains far harder to substitute or replace than other metals investors tend to allocate towards.
SEC filings for COPJ aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.