The best industrial metals ETFs/ETCs

How to invest in industrial metals using ETFs/ETCs

0.40% p.a. - 1.20% p.a.
annual total expense ratio (TER) of industrial metals ETFs/ETCs
on industrial metals, which are tracked by ETFs
on industrial metals
 
The best indices for industrial metals ETFs/ETCs

How can I invest in industrial metals?

With ETFs you not only have the opportunity to invest in equity or bonds. You can also participate in the price development of commodities like industrial metals. However, there are a few things you should know: commodity ETFs always track a whole basket of different commodities, covering at least some of the following segments:
 

Why there are no industrial metals ETFs in most European countries

There are no industrial metals ETFs that are domiciled within the European Union. This is due to the regulatory framework which is defined by the UCITS directive. According to these guidelines, an index (and thus also corresponding ETFs) must always provide a minimum degree of diversification and may not consist of only a few components. Consequently, regulations in the EU do not allow the launch of an industrial metals ETF.

If you want to invest particularly in industrial metals, you can do so via Exchange Traded Commodities (ETC). Please have a look at our article "What is an ETC?" for a detailed explanation of the similarities and differences between ETFs and ETCs.
 

Swap-based industrial metals ETCs

ETCs track the value of industrial metals based on futures contracts. Industrial metals ETCs are backed with collateral, which is usually checked on a daily basis. The collateral is in the form of cash investments or securities with top credit standing.

Industrial metals ETCs are a suitable instrument for participating in the price development of industrial metals. Keep in mind, however, that you are investing in futures contracts and not directly in industrial metals. In this investment guide you will find all ETCs that allow you to invest in industrial metals.
 

Bloomberg Industrial Metals performance

1 month: 0.00%
1 year: 12.20%
3 years: 1.18%
5 years: 44.58%
 

Industrial metals ETFs/ETCs in comparison

The most important factors at a glance

When choosing an industrial metals ETF or ETC one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all industrial metals ETFs/ETCs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all industrial metals ETFs/ETCs in detail
Compare all industrial metals ETFs/ETCs in a chart

Provider
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
WisdomTree CopperGB00B15KXQ89 1,170 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree Industrial MetalsGB00B15KYG56 502 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree Energy Transition MetalsXS2425848053 215 0.45% p.a. Accumulating Ireland Swap-based
WisdomTree NickelGB00B15KY211 93 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree AluminiumGB00B15KXN58 73 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree Industrial Metals - EUR Daily HedgedJE00B78NPW60 37 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree Copper - EUR Daily HedgedJE00B4PDKD43 36 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree Industrial Metals EnhancedIE00BF4TWC33 29 0.40% p.a. Accumulating Ireland Swap-based
WisdomTree ZincGB00B15KY872 17 0.49% p.a. Accumulating Jersey Swap-based
BNPP Kupfer (TR) ETCDE000PB8C0P8 7 0.90% p.a. Accumulating Netherlands Swap-based
WisdomTree Battery MetalsXS2425842106 2 0.45% p.a. Accumulating Ireland Swap-based
BNPP RICI Kupfer (TR) Enhanced ETCDE000PB8R1C7 2 1.00% p.a. Accumulating Netherlands Swap-based
BNPP RICI Enhanced Industriemetalle (TR) ETC USDDE000PR5RMU7 2 0.99% p.a. Accumulating Netherlands Swap-based
BNPP RICI Enhanced Industriemetalle (TR) ETCDE000PB8R1M6 1 1.00% p.a. Accumulating Netherlands Swap-based
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETCDE000PZ9REC4 1 1.20% p.a. Accumulating Netherlands Swap-based
WisdomTree Industrial Metals Longer DatedJE00B24DMJ18 1 0.49% p.a. Accumulating Jersey Swap-based
BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETCDE000PZ9REM3 1 1.20% p.a. Accumulating Netherlands Swap-based
BNPP RICI Enhanced Kupfer (TR) ETC USDDE000PR5RCU8 0 0.99% p.a. Accumulating Netherlands Swap-based
SG ETC COMEX Copper Futures (HG)-KontraktDE000ETC0787 - 0.90% p.a. Accumulating Germany Swap-based

Source: justETF.com; As of 20.11.24

 

Return comparison of all industrial metals ETFs/ETCs

The table shows the returns of all industrial metals ETFs/ETCs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
WisdomTree Zinc 1.11% 13.28% 1.22% 21.25% 3.16%
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC -2.12% 2.98% -0.87% 19.88% -
BNPP RICI Kupfer (TR) Enhanced ETC 0.60% 2.92% -1.48% 18.64% -
BNPP RICI Enhanced Kupfer (TR) ETC USD 0.54% 2.87% -1.56% 18.54% -
WisdomTree Copper - EUR Daily Hedged -4.50% 3.49% -4.75% 17.78% -6.19%
WisdomTree Copper -1.61% 3.47% -5.18% 17.35% 8.52%
SG ETC COMEX Copper Futures (HG)-Kontrakt -1.67% 3.42% -5.94% 16.18% -
BNPP Kupfer (TR) ETC -1.14% 2.34% -6.50% 14.61% -
BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC -3.09% 3.85% -1.92% 12.11% -
BNPP RICI Enhanced Industriemetalle (TR) ETC -0.31% 3.78% -2.49% 11.13% -
BNPP RICI Enhanced Industriemetalle (TR) ETC USD -0.30% 3.73% -2.57% 11.03% -
WisdomTree Aluminium 2.63% 13.45% -2.19% 9.86% -4.29%
WisdomTree Industrial Metals Longer Dated -0.79% 5.17% -5.78% 9.54% 4.35%
WisdomTree Industrial Metals - EUR Daily Hedged -3.83% 5.66% -5.86% 9.40% -11.37%
WisdomTree Industrial Metals -0.97% 5.57% -6.32% 9.05% 1.86%
WisdomTree Energy Transition Metals -0.82% 4.15% -4.70% 8.34% -
WisdomTree Industrial Metals Enhanced -1.08% 4.04% -4.46% 8.20% 10.29%
WisdomTree Battery Metals -1.61% 3.66% -9.64% 0.25% -
WisdomTree Nickel -7.95% -6.30% -20.44% -16.74% -15.72%
ETF   2024
in %
2023
in %
2022
in %
2021
in %
2020
in %
BNPP RICI Kupfer (TR) Enhanced ETC 18.48% 2.96% - - -
BNPP RICI Enhanced Kupfer (TR) ETC USD 18.41% 2.89% - - -
WisdomTree Zinc 15.28% -10.85% -6.49% 37.16% 7.40%
BNPP RICI Enhanced Kupfer (ER) EUR Hedge ETC 14.97% 4.64% - - -
WisdomTree Copper 14.55% -0.60% -9.68% 36.19% 11.72%
SG ETC COMEX Copper Futures (HG)-Kontrakt 14.32% - - - -
BNPP Kupfer (TR) ETC 12.62% 1.89% - - -
WisdomTree Copper - EUR Daily Hedged 11.24% 0.15% -17.47% 23.96% 19.89%
BNPP RICI Enhanced Industriemetalle (TR) ETC 10.98% -4.79% - - -
BNPP RICI Enhanced Industriemetalle (TR) ETC USD 10.92% -4.86% - - -
WisdomTree Energy Transition Metals 10.05% -17.37% - - -
WisdomTree Industrial Metals Longer Dated 9.43% -13.14% 2.97% 39.57% 5.95%
WisdomTree Aluminium 9.09% -6.21% -11.30% 49.35% -6.10%
WisdomTree Industrial Metals Enhanced 9.08% -10.21% 5.06% 38.39% 5.65%
WisdomTree Industrial Metals 8.80% -13.79% 1.88% 39.72% 5.55%
BNPP RICI Enhanced Industriemetalle (ER) EUR Hedge ETC 7.89% -3.70% - - -
WisdomTree Industrial Metals - EUR Daily Hedged 5.38% -13.11% -6.50% 27.45% 13.06%
WisdomTree Battery Metals 3.66% -25.39% - - -
WisdomTree Nickel -5.29% -47.25% 53.19% 34.25% 5.64%

Source: justETF.com; As of 31.10.24; Calculations in EUR including dividends