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Sprott Junior Copper Miners ETF (COPJ) Sharpe Ratio: 2.05

ETF · Currency in USD · Last updated Jun 23, 2026

Sprott Junior Copper Miners ETF tracks the Nasdaq Sprott Junior Copper Miners Index, providing exposure to mid-, small-, and micro-cap companies in copper-mining related businesses, including exploration, development, and production of copper.

COPJ's Sharpe Ratio of 2.05 indicates that for each unit of volatility, it generates 2.05 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 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. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

COPJ Sharpe Ratio Rank

COPJ Sharpe Ratio Rank: 64.564
Above Average

COPJ ranks above 64.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

COPJ Sharpe Ratio Market Positioning

The chart shows COPJ'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%): 0.87 or lower
  • Yellow zone (middle 50%): 0.87 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.31+
  • Median: 1.67 — half of all investments score higher

How it compares to other similar ETFs

The table compares Sprott Junior Copper Miners ETF's Sharpe Ratio with other ETFs in the Copper category across multiple time periods, showing how COPJ'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 Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
COPAThemes Copper Miners ETF2.81
EMETVanEck Copper and Green Metals ETF2.70
COPXGlobal X Copper Miners ETF2.48
ICOPiShares Copper and Metals Mining ETF2.42
COPPSprott Copper Miners ETF2.19
COPJSprott Junior Copper Miners ETF2.05
CPERUnited States Copper Index Fund0.81
KCOPKurv Copper & Mining Enhanced Income ETF—
SCOPSprott Physical Copper Trust—
COPZDefiance Daily Target 2X Long Copper ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows COPJ'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 COPJ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does COPJ fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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