COPA Forecast 2026: Price Target, Outlook and What Analysts Expect
Last updated October 2026
Short answer
Nobody publishes a price target for COPA itself. What can be measured is what analysts expect for the stocks it holds: across 5 of its top holdings, about 24% of the fund, the weight-adjusted average analyst price target sits 6.0% above current prices, and analysts expect those companies' earnings to grow about +14% next fiscal year. It yields about 3.50% at today's price. Over the past year its price changed +32.1% (to 2026-10-16). Figures as of October 2026. Walnut is not an investment adviser.
What analysts expect for COPA's top holdings
Weighting each covered holding's consensus price target by its share of COPA gives an average target 6.0% above current prices. That covers 5 holdings and about 24% of the fund; the rest is either outside the top holdings we track or lacks enough analyst coverage to average.
| Holding | Weight | Avg target vs price | Analysts | Next-year EPS growth |
|---|---|---|---|---|
| FCX Freeport-McMoRan Inc. | 8.7% | +13.2% | 22 | +35% |
| GLEN Glencore plc | 5.0% | - | - | - |
| BHP BHP Group Limited | 4.3% | -6.4% | 6 | +2% |
| AAL Anglo American plc | 4.0% | +34.1% | 23 | - |
| 301511 Jiujiang Defu Technology | 3.5% | - | - | - |
| TECK Teck Resources Limited | 3.5% | -11.9% | 4 | -11% |
| LUN Lundin Mining Corporation | 3.5% | - | - | - |
| SCCO Southern Copper Corporation | 3.4% | -11.9% | 17 | -3% |
| FM First Quantum Minerals | 3.3% | - | - | - |
| ANTO Antofagasta plc | 3.1% | - | - | - |
Weights are COPA's published top holdings as of October 2026. Targets and estimates are each company's sell-side consensus from Yahoo Finance as of October 2026; a dash means fewer than three analysts or no data. Each linked ticker opens that company's own forecast page.
Read this as the mood of the analysts who cover COPA's largest companies, not as a forecast for the fund. Sell-side targets skew optimistic across the whole market, they run about twelve months, and they tend to follow prices as often as lead them. The earnings column is the steadier input: the covered holdings are expected to grow earnings about +14% on a weighted basis next fiscal year, which is what a stock fund's price has to be justified by over time.
COPA income at today's yield
At a yield of about 3.50% as of October 2026, a $10,000 position in COPA would pay roughly $350 a year. That is the current run rate; actual distributions change with what the holdings pay. For the payout history and schedule, see COPA dividend: yield and schedule.
COPA past performance
- Year to date: +13.2% price change (to 2026-10-16).
- Past year: +32.1% price change.
- 52-week range: $35.16 to $59.56, against a last price of $49.12.
- Three-year beta: 0.00 (1.00 moves in line with the market; higher swings more).
History tells you how COPA has behaved, which is useful for sizing a position. It does not tell you what comes next, and periods of strong returns are often followed by weaker ones.
Is there a 2030 forecast for COPA?
No published one. Analysts do not forecast ETFs, and the targets on the companies inside a fund run about twelve months. Any 2030 figure for COPA is a past return projected forward.
What is certain is the cost. At 0.35% a year, about $35 on every $10,000 every year, it comes off whatever the holdings earn, in good years and bad. Across funds that track similar things, that is one of the few differences you can know in advance.
What could move COPA from here
COPA's three largest holdings, Freeport-McMoRan Inc., Glencore plc, BHP Group Limited, make up about 18% of the fund, so news about them moves it most. Beyond those names, it behaves like BITA Global Copper Mining Select Index: broad market direction, interest rates and earnings growth across its holdings decide the result.
The case for and against owning it, including concentration and overlap with funds you may already hold, is on is COPA a good investment?
What would change the outlook for COPA
For a stock fund, two things move the long-run result: whether the companies it holds grow their earnings as analysts expect, and how much investors are willing to pay for those earnings. The first is what the estimates on this page describe. The second shifts with interest rates and sentiment and can swamp the first over a year or two. A cut to the earnings outlook for COPA's largest holdings, or a rise in long-term rates that makes future profits worth less today, are the two developments most likely to pull the fund below what the targets imply.
How to read this page: the analyst figures describe expectations for the holdings, not for the fund; the yield describes current income, not total return; the history describes one path through the market, not the next one. The cost is the only line that is known in advance.
More on COPA
- What is COPA? (holdings, cost, and the themes it covers)
- Is COPA a good investment?
- COPA dividend: yield and schedule
Investing in COPA with AI
Connect the broker you already use and ask Walnut's AI how COPA fits what you actually hold: what it overlaps with, what it leaves you exposed to, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
What is the COPA forecast for 2026?
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Nobody publishes a price target for COPA itself. What can be measured is what analysts expect for the stocks it holds: across 5 of its top holdings, about 24% of the fund, the weight-adjusted average analyst price target sits 6.0% above current prices, and analysts expect those companies' earnings to grow about +14% next fiscal year. It yields about 3.50% at today's price. Over the past year its price changed +32.1% (to 2026-10-16). Walnut is not an investment adviser.
What is the price target for COPA?
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Analysts do not publish targets on ETFs, only on the companies inside them. Weighting the consensus targets of COPA's 5 covered top holdings by their weight in the fund gives an average target 6.0% above current prices, as of October 2026. That covers about 24% of the fund, so it is a read on its largest names, not the whole portfolio, and price targets skew optimistic across the market.
How much income does COPA pay?
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At a yield of about 3.50% as of October 2026, COPA would pay roughly $350 a year on a $10,000 position. Distributions change with the holdings' payouts, so treat that as today's run rate, not a promise. Full payout history is on the COPA dividend page.
What is the COPA price prediction for 2030?
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There is no published one, and any site showing a figure has extrapolated a past return. What is knowable about 2030 is the cost: at 0.35% a year, about $35 a year on $10,000, that comes off whatever the holdings return.
Walnut is informational, not investment advice, and does not publish price targets of its own. Holding weights are approximate as of October 2026; analyst targets, estimates and fund statistics come from a October 2026 pull of Yahoo Finance and change constantly. Verify current figures with Themes ETFs or your broker.