COPZ Defiance Daily Target 2X Long Copper ETF

About this ETF

The Defiance Daily Target 2X Long Copper ETF is a leveraged exchange-traded fund designed to deliver two times (200%) the daily percentage change of the Global X Copper Miners ETF (COPX), which tracks the Solactive Global Copper Miners Index. Launched on February 18, 2026, this actively managed ETF provides magnified, short-term bullish exposure to copper mining stocks, utilizing derivatives such as swaps to achieve its targeted leverage. It caters to traders seeking tactical opportunities in the copper sector, amid surging demand driven by artificial intelligence data centers, energy transition, electrification, and infrastructure development, which have propelled copper prices to historic highs above $12,000 per metric ton. The ETF focuses on companies involved in copper mining across global markets, spanning growth and value stocks of various market capitalizations, amplifying daily performance in this critical materials segment essential for digital infrastructure and renewable energy technologies. With its high-risk profile due to leverage and daily reset mechanism, it plays a specialized role in offering intensified access to copper miners' performance in a market poised for potential supply constraints and long-term demand growth.