4COP.DE vs. EMXC.DE
4COP.DE (Global X Copper Miners UCITS ETF USD Accumulating) and EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) are both exchange-traded funds - 4COP.DE is a Copper fund tracking the Solactive Global Copper Miners v2 Index, while EMXC.DE is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 3 years, 4COP.DE returned 24.85%/yr vs 21.90%/yr for EMXC.DE. A 0.55 correlation means they provide meaningful diversification when combined. 4COP.DE charges 0.55%/yr vs 0.15%/yr for EMXC.DE.
Performance
4COP.DE vs. EMXC.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 4COP.DE achieves a 3.65% return, which is significantly lower than EMXC.DE's 30.36% return.
4COP.DE
- 1D
- -3.07%
- 1M
- -14.14%
- 6M
- -7.51%
- YTD
- 3.65%
- 1Y
- 73.88%
- 3Y*
- 24.85%
- 5Y*
- —
- 10Y*
- —
EMXC.DE
- 1D
- -1.60%
- 1M
- -12.60%
- 6M
- 21.10%
- YTD
- 30.36%
- 1Y
- 49.32%
- 3Y*
- 21.90%
- 5Y*
- 11.87%
- 10Y*
- —
4COP.DE vs. EMXC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
4COP.DE Global X Copper Miners UCITS ETF USD Accumulating | 3.65% | 73.65% | 9.36% | 4.93% | 6.75% | 1.24% |
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 30.36% | 19.92% | 9.13% | 14.31% | -13.59% | 0.57% |
Correlation
The correlation between 4COP.DE and EMXC.DE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2021 | 0.55 |
The correlation between 4COP.DE and EMXC.DE has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
4COP.DE vs. EMXC.DE — Risk / Return Rank
4COP.DE
EMXC.DE
4COP.DE vs. EMXC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Copper Miners UCITS ETF USD Accumulating (4COP.DE) and Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 4COP.DE | EMXC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.37 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 3.51 | -0.68 |
| Martin ratioReturn relative to average drawdown | 7.53 | 12.15 | -4.62 |
Loading charts...
Drawdowns
4COP.DE vs. EMXC.DE - Drawdown Comparison
The maximum 4COP.DE drawdown since its inception was -39.13%, roughly equal to the maximum EMXC.DE drawdown of -40.89%. Use the drawdown chart below to compare losses from any high point for 4COP.DE and EMXC.DE.
Loading charts...
Drawdown Indicators
| 4COP.DE | EMXC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.13% | -40.89% | +1.76% |
Max Drawdown (1Y)Largest decline over 1 year | -26.21% | -13.66% | -12.55% |
Max Drawdown (3Y)Largest decline over 3 years | -39.13% | -20.47% | -18.66% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.47% | — |
Current DrawdownCurrent decline from peak | -21.29% | -13.66% | -7.63% |
Average DrawdownAverage peak-to-trough decline | -14.67% | -7.73% | -6.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.85% | 3.95% | +5.90% |
Volatility
4COP.DE vs. EMXC.DE - Volatility Comparison
Global X Copper Miners UCITS ETF USD Accumulating (4COP.DE) has a higher volatility of 12.75% compared to Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) at 9.94%. This indicates that 4COP.DE's price experiences larger fluctuations and is considered to be riskier than EMXC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 4COP.DE | EMXC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.75% | 9.94% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 35.70% | 20.82% | +14.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.04% | 23.00% | +19.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.60% | 16.71% | +16.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.60% | 19.20% | +14.40% |
4COP.DE vs. EMXC.DE - Expense Ratio Comparison
4COP.DE has a 0.55% expense ratio, which is higher than EMXC.DE's 0.15% expense ratio.
Dividends
4COP.DE vs. EMXC.DE - Dividend Comparison
Neither 4COP.DE nor EMXC.DE has paid dividends to shareholders.
Frequently Asked Questions
4COP.DE and EMXC.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMXC.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMXC.DE is cheaper with a 0.15% expense ratio, compared with 0.55% for 4COP.DE.
4COP.DE is categorized as Copper, while EMXC.DE is Emerging Markets Equities. 4COP.DE tracks Solactive Global Copper Miners v2 Index, while EMXC.DE tracks MSCI EM NR USD. They also come from different issuers: Global X and Amundi. Their fees differ too: 0.55% for 4COP.DE and 0.15% for EMXC.DE.
Find the right allocation for 4COP.DE and EMXC.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer