Global X Copper Miners ETF (ASX: WIRE) closed at $24.93 per unit yesterday, up 0.12%, and hit a record of $25.92 on Tuesday.
This ASX ETF is having a tremendous run on the back of rising global demand for copper.
The copper price soared 42% in 2025 and hit a new record above US$6 per pound last week.
Copper is essential for electrification and is a key ingredient in much of the new infrastructure being built for the green energy transition.
It offers high ductility, malleability, and thermal and electrical conductivity, and is resistant to corrosion.
Copper is used in wiring, electric vehicles (EVs), wind turbines, solar energy systems, telecommunications, and electronic products.
The red metal was added to the US Critical Minerals List in November 2025.
Surging demand for copper has provided tremendous support to ASX copper shares, as well as two of our diversified major miners.
The market's largest pure-play copper share, Sandfire Resources Ltd (ASX: SFR), reached a record $19.61 per share yesterday.
Develop Global Ltd (ASX: DVP) shares also hit a record high of $5.46 this week.
Capstone Copper Corp CDI (ASX: CSC) shares reached a record of $15.89 last week.
The Aeris Resources Ltd (ASX: AIS) share price rose to a two-year high of 68 cents last week, too.
Shares in BHP Group Ltd (ASX: BHP), the world's largest producer, hit a 52-week high of $49.75 yesterday.
Rio Tinto Ltd (ASX: RIO), which began life 150 years ago as a copper miner in Spain, hit a record $154.75 per share last week.
All these price milestones bode well for WIRE ETF, which invests in most of these ASX copper stocks.
BHP shares make up 4% of investments and Sandfire Resources comprises about 3.2%.
Capstone Copper provides another 3%, and Develop Global makes up 0.36%.
What is $10,000 invested a year ago now worth?
On 16 January 2025, WIRE ETF closed at $12.91 apiece.
If you had put $10,000 into this ASX ETF then, it would have bought you 774 units (for $9,992.34).
There's been capital growth of $12.02 per unit since then, which equates to $9,303.48.
Therefore, your $10,000 investment in WIRE ETF a year ago would be worth $19,295.82 today.
Woah.
Total returns…
WIRE ETF also pays dividends (called 'distributions' with ETFs).
Global X paid 14.29 cents per unit in July 2025 and will pay 6.21 cents per unit today.
So, you will have received $158.67 in income over the past year.
Your capital gain of $9,303.48 plus your distributions of $158.67 gives you a total annual return, in dollar terms, of $9,462.15.
Remember, you invested $9,992.34 in WIRE this time last year.
This means you have received a total return, in percentage terms, of 95% over 12 months.
Ripper!
