PortfoliosLab logoPortfoliosLab logo
Sprott Pure Play Copper Miners UCITS ETF (COPP.L)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
IE000IQQEL77
Issuer
Sprott
Inception Date
Dec 6, 2023
Leveraged
1x (No leverage)
Index Tracked
Nasdaq Sprott Copper Miners Index
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of £10,000 in Sprott Pure Play Copper Miners UCITS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


Loading graphics...

S&P 500 Index

Different Benchmark Currency

COPP.L is traded in GBP, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to GBP using the latest available exchange rates.

Returns By Period

Sprott Pure Play Copper Miners UCITS ETF (COPP.L) has returned -1.20% so far this year and 90.79% over the past 12 months.


Sprott Pure Play Copper Miners UCITS ETF

1D
3.28%
1M
-21.08%
YTD
-1.20%
6M
22.27%
1Y
90.79%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.61%
1M
-3.22%
YTD
-2.82%
6M
-0.72%
1Y
13.66%
3Y*
14.01%
5Y*
11.18%
10Y*
12.98%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 7, 2023, COPP.L's average daily return is +0.17%, while the average monthly return is +3.50%. At this rate, your investment would double in approximately 1.7 years.

Historically, 61% of months were positive and 39% were negative. The best month was Sep 2025 with a return of +20.6%, while the worst month was Mar 2026 at -21.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, COPP.L closed higher 54% of trading days. The best single day was Feb 3, 2026 with a return of +8.0%, while the worst single day was Feb 5, 2026 at -8.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202615.72%8.18%-21.08%-1.20%
20250.95%-4.10%1.72%-5.93%10.62%7.42%-0.56%16.43%20.57%4.74%7.39%10.03%90.17%
2024-2.65%0.92%17.97%9.96%3.17%-7.11%-4.92%-3.42%8.35%-1.33%-1.01%-6.41%11.10%
202312.25%12.25%

Benchmark Metrics

Sprott Pure Play Copper Miners UCITS ETF has an annualized alpha of 42.38%, beta of 0.40, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since December 08, 2023.

  • This ETF captured 134.08% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -51.61%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.40 may look defensive, but with R² of 0.04 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.04 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
42.38%
Beta
0.40
0.04
Upside Capture
134.08%
Downside Capture
-51.61%

Expense Ratio

COPP.L has an expense ratio of 0.65%, placing it in the medium range.


Return for Risk

Risk / Return Rank

COPP.L ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


COPP.L Risk / Return Rank: 9191
Overall Rank
COPP.L Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
COPP.L Sortino Ratio Rank: 9292
Sortino Ratio Rank
COPP.L Omega Ratio Rank: 8787
Omega Ratio Rank
COPP.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
COPP.L Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Sprott Pure Play Copper Miners UCITS ETF (COPP.L) and compare them to a chosen benchmark (S&P 500 Index).


COPP.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.40

0.73

+1.67

Sortino ratio

Return per unit of downside risk

2.78

1.14

+1.64

Omega ratio

Gain probability vs. loss probability

1.36

1.18

+0.19

Calmar ratio

Return relative to maximum drawdown

3.21

1.24

+1.98

Martin ratio

Return relative to average drawdown

13.02

4.87

+8.15

Explore COPP.L risk-adjusted metrics in detail

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

Dividends

Dividend History


Sprott Pure Play Copper Miners UCITS ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the Sprott Pure Play Copper Miners UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Sprott Pure Play Copper Miners UCITS ETF was 36.29%, occurring on Apr 9, 2025. Recovery took 98 trading sessions.

The current Sprott Pure Play Copper Miners UCITS ETF drawdown is 21.50%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-36.29%May 22, 2024226Apr 9, 202598Sep 1, 2025324
-27.75%Feb 26, 202617Mar 20, 2026
-12.09%Feb 4, 20262Feb 5, 202614Feb 25, 202616
-9.62%Oct 10, 20259Oct 22, 202527Nov 28, 202536
-8.25%Dec 28, 202316Jan 19, 202433Mar 6, 202449

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...