Global X Copper Miners ETF (WIRE) $17.47

The ASX-listed Global X Miners ETF (WIRE) is one of our favourite vehicles for broad-based exposure to global copper miners. It has tracked the Solactive Global Copper Miners Total Return Index extremely well, having gained +31.6% over the last year compared to the index’s +29% advance. The 0.65% cost is reasonable, considering it provides easy exposure to the likes of Lundin Mining, Antofagasta and Zijin Mining, with 39% of the ETF exposed to Canada, 12% Australia, 11% China, followed by 8% in the US.

• We can see some consolidation after the WIRE ETF’s explosive advance, but we believe dips should be bought.