Copper Is the Hottest Commodity Trade in the World Right Now. Here's How to Get Exposure

Why It Matters

The combination of structurally rising demand and slow-to-respond supply creates upside for copper and its miners, and CPPR provides investors a diversified, higher-purity way to gain leveraged exposure to that theme. This positions investors to benefit from potential price appreciation while managing single-company risks.

Summary

Portfolio manager Will Taylor argues copper is surging as the metal underpinning the ‘electrification of everything’—from EVs and renewable grids to AI data centers—driving robust demand. Supply looks constrained by declining ore grades, labor shortfalls and decade-long mine lead times, which could tighten markets. ETF Shares launched CPPR, an equal-weighted global copper-miners ETF that applies a 40% revenue screen (30% for majors) to create a purer copper exposure and reduce idiosyncratic company risk. Mining stocks offer operating leverage, so producer returns can magnify moves in the copper price.

Original Description

If you own BHP, Rio or a broad ASX ETF, you probably think you have meaningful copper exposure. But you might be wrong.

When copper prices move, those gains can be quietly absorbed by iron ore and everything else happening inside a diversified miner. Owning the miners isn't the same as owning the metal.

In this video, Will Taylor from ETF Shares explains why the copper supply crunch is more structural than most investors realise, and why getting your exposure right has never mattered more.

Time codes:

00:00 - Introduction

00:30 - The biggest themes driving copper demand right now

01:34 - The three main demand drivers: the grid, renewables and AI

03:12 - How real is the copper supply shortfall?

04:36 - How ASX: CPPR works and what drives returns

06:17 - Why equal weighting changes your exposure

07:34 - The 40% revenue screen explained

08:24 - Key risks investors need to understand

10:12 - How volatility in copper compares to other commodities

10:55 - How ASX: CPPR fits inside your portfolio

11:43 - What investors are underestimating about copper right now

12:52 - Can copper recycling solve the supply problem?

13:21 - Closing remarks