4COP.DE vs. IUSA.DE

Last updated Jun 5, 2026

4COP.DE (Global X Copper Miners UCITS ETF USD Accumulating) and IUSA.DE (iShares Core S&P 500 UCITS ETF USD Dist) are both exchange-traded funds - 4COP.DE is a Commodity Producers Equities fund tracking the Solactive Global Copper Miners v2 Index, while IUSA.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, 4COP.DE returned 34.58%/yr vs 19.00%/yr for IUSA.DE. At a 0.38 correlation, their price movements are largely independent. 4COP.DE charges 0.55%/yr vs 0.07%/yr for IUSA.DE.

Performance

4COP.DE vs. IUSA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X Copper Miners UCITS ETF USD Accumulating (4COP.DE) and iShares Core S&P 500 UCITS ETF USD Dist (IUSA.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 4COP.DE achieves a 24.89% return, which is significantly higher than IUSA.DE's 11.42% return.

4COP.DE

• 1D: -0.93%
• 1M: 15.31%
• YTD: 24.89%
• 6M: 36.74%
• 1Y: 112.94%
• 3Y*: 34.58%
• 5Y*: —
• 10Y*: —

IUSA.DE

• 1D: -0.13%
• 1M: 5.19%
• YTD: 11.42%
• 6M: 11.46%
• 1Y: 25.79%
• 3Y*: 19.00%
• 5Y*: 14.90%
• 10Y*: 15.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

4COP.DE vs. IUSA.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
4COP.DE Global X Copper Miners UCITS ETF USD Accumulating	24.89%	73.62%	9.38%	4.93%	6.78%	1.33%
IUSA.DE iShares Core S&P 500 UCITS ETF USD Dist	11.42%	4.84%	32.50%	22.60%	-14.19%	1.25%

Correlation

The correlation between 4COP.DE and IUSA.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (All Time) Calculated using the full available price history since Nov 25, 2021	0.38

Return for Risk

4COP.DE vs. IUSA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

4COP.DE

4COP.DE Risk / Return Rank: 79
4COP.DE Sharpe Ratio Rank: 88
4COP.DE Sortino Ratio Rank: 76
4COP.DE Omega Ratio Rank: 72
4COP.DE Calmar Ratio Rank: 82
4COP.DE Martin Ratio Rank: 74

IUSA.DE

IUSA.DE Risk / Return Rank: 70
IUSA.DE Sharpe Ratio Rank: 69
IUSA.DE Sortino Ratio Rank: 67
IUSA.DE Omega Ratio Rank: 71
IUSA.DE Calmar Ratio Rank: 73
IUSA.DE Martin Ratio Rank: 70

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.

4COP.DE vs. IUSA.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 iShares Core S&P 500 UCITS ETF USD Dist (IUSA.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.

	4COP.DE	IUSA.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.91	2.24	+0.67
Sortino ratio: Return per unit of downside risk	3.37	3.05	+0.33
Omega ratio: Gain probability vs. loss probability	1.42	1.42	0.00
Calmar ratio: Return relative to maximum drawdown	4.28	3.63	+0.66
Martin ratio: Return relative to average drawdown	13.68	12.88	+0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

4COP.DE vs. IUSA.DE - Sharpe Ratio Comparison

The current 4COP.DE Sharpe Ratio is 2.91, which is higher than the IUSA.DE Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of 4COP.DE and IUSA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	4COP.DE	IUSA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	2.24	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.67	+0.07

Drawdowns

4COP.DE vs. IUSA.DE - Drawdown Comparison

The maximum 4COP.DE drawdown since its inception was -39.12%, smaller than the maximum IUSA.DE drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for 4COP.DE and IUSA.DE.

Drawdown Indicators

	4COP.DE	IUSA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-39.12%	-50.54%	+11.42%
Max Drawdown (1Y) Largest decline over 1 year	-26.21%	-7.08%	-19.13%
Max Drawdown (3Y) Largest decline over 3 years	-39.12%	-23.34%	-15.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.63%	—
Current Drawdown Current decline from peak	-5.17%	-0.46%	-4.71%
Average Drawdown Average peak-to-trough decline	-14.66%	-7.19%	-7.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.22%	2.00%	+6.22%

Volatility

4COP.DE vs. IUSA.DE - Volatility Comparison

Global X Copper Miners UCITS ETF USD Accumulating (4COP.DE) has a higher volatility of 13.96% compared to iShares Core S&P 500 UCITS ETF USD Dist (IUSA.DE) at 2.67%. This indicates that 4COP.DE's price experiences larger fluctuations and is considered to be riskier than IUSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4COP.DE	IUSA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.96%	2.67%	+11.29%
Volatility (6M) Calculated over the trailing 6-month period	33.13%	7.57%	+25.56%
Volatility (1Y) Calculated over the trailing 1-year period	38.63%	11.48%	+27.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.97%	15.17%	+17.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.97%	16.06%	+16.91%

4COP.DE vs. IUSA.DE - Expense Ratio Comparison

4COP.DE has a 0.55% expense ratio, which is higher than IUSA.DE's 0.07% expense ratio.

Dividends

4COP.DE vs. IUSA.DE - Dividend Comparison

4COP.DE has not paid dividends to shareholders, while IUSA.DE's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
4COP.DE Global X Copper Miners UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSA.DE iShares Core S&P 500 UCITS ETF USD Dist	0.99%	1.08%	1.07%	1.35%	1.54%	1.16%	1.62%	1.66%	2.00%	2.09%	1.50%	1.68%

Frequently Asked Questions

Can I hold both 4COP.DE and IUSA.DE in my portfolio?

4COP.DE and IUSA.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 4COP.DE or IUSA.DE?

On fees, IUSA.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 4COP.DE or IUSA.DE?

IUSA.DE is cheaper with a 0.07% expense ratio, compared with 0.55% for 4COP.DE.

What is the main difference between 4COP.DE and IUSA.DE?

4COP.DE is categorized as Commodity Producers Equities, while IUSA.DE is S&P 500. 4COP.DE tracks Solactive Global Copper Miners v2 Index, while IUSA.DE tracks S&P 500 Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.55% for 4COP.DE and 0.07% for IUSA.DE.