PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

WisdomTree Copper (COPA.L) Sharpe Ratio: 0.22

COPA.L's Sharpe Ratio of 0.22 indicates that for each unit of volatility, it generates 0.22 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

COPA.L Sharpe Ratio Rank

COPA.L Sharpe Ratio Rank: 16.717
Concerning

COPA.L ranks above 16.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

COPA.L Sharpe Ratio Market Positioning

The chart shows COPA.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.48 or lower
  • Yellow zone (middle 50%): 0.48 to 1.43
  • Green zone (top 25%): 1.43 or higher
  • Top 1%: 5.89+
  • Median: 0.96 — half of all investments score higher

How it compares to other similar ETFs

The table compares WisdomTree Copper's Sharpe Ratio with other ETFs in the Metals category across multiple time periods, showing how COPA.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ALUM.LWisdomTree Aluminium2.31
ZINC.LWisdomTree Zinc1.20
META.LWisdomTree Industrial Metals Enhanced1.00
AMPS.LWisdomTree Battery Metals0.92
AIGI.LWisdomTree Industrial Metals0.80
FIND.LWisdomTree Industrial Metals Longer Dated0.76
XRH0.LXtrackers Physical Rhodium ETC0.73
COPA.LWisdomTree Copper0.22
NICK.LWisdomTree Nickel0.17

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows COPA.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when COPA.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading graphics...

Explore COPA.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

COPA.L Sortino Ratio