BITS vs. COPX
Compare and contrast key facts about Global X Blockchain & Bitcoin Strategy ETF (BITS) and Global X Copper Miners ETF (COPX).
BITS and COPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BITS is a passively managed fund by Global X that tracks the performance of the NONE. It was launched on Nov 15, 2021. COPX is a passively managed fund by Global X that tracks the performance of the Solactive Global Copper Miners Index. It was launched on Apr 19, 2010. Both BITS and COPX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BITS vs. COPX - Performance Comparison
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BITS vs. COPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BITS Global X Blockchain & Bitcoin Strategy ETF | -17.29% | 14.90% | 61.84% | 212.23% | -75.46% | -29.31% |
COPX Global X Copper Miners ETF | 8.86% | 93.50% | 3.57% | 8.38% | -0.76% | 2.72% |
Returns By Period
In the year-to-date period, BITS achieves a -17.29% return, which is significantly lower than COPX's 8.86% return.
BITS
- 1D
- 0.67%
- 1M
- -7.35%
- YTD
- -17.29%
- 6M
- -36.24%
- 1Y
- 20.57%
- 3Y*
- 40.85%
- 5Y*
- —
- 10Y*
- —
COPX
- 1D
- 2.36%
- 1M
- -16.51%
- YTD
- 8.86%
- 6M
- 32.14%
- 1Y
- 104.43%
- 3Y*
- 29.35%
- 5Y*
- 19.27%
- 10Y*
- 21.11%
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BITS vs. COPX - Expense Ratio Comparison
Both BITS and COPX have an expense ratio of 0.65%.
Return for Risk
BITS vs. COPX — Risk / Return Rank
BITS
COPX
BITS vs. COPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain & Bitcoin Strategy ETF (BITS) and Global X Copper Miners ETF (COPX). 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.
| BITS | COPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 2.49 | -2.11 |
Sortino ratioReturn per unit of downside risk | 0.89 | 2.81 | -1.92 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.39 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 0.53 | 3.81 | -3.28 |
Martin ratioReturn relative to average drawdown | 1.16 | 14.52 | -13.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BITS | COPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 2.49 | -2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.54 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.17 | -0.23 |
Correlation
The correlation between BITS and COPX is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
BITS vs. COPX - Dividend Comparison
BITS's dividend yield for the trailing twelve months is around 27.56%, more than COPX's 2.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BITS Global X Blockchain & Bitcoin Strategy ETF | 27.56% | 22.80% | 29.49% | 13.69% | 0.48% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COPX Global X Copper Miners ETF | 2.46% | 2.68% | 1.80% | 2.39% | 3.14% | 1.48% | 1.30% | 1.37% | 2.59% | 1.57% | 0.60% | 1.20% |
Drawdowns
BITS vs. COPX - Drawdown Comparison
The maximum BITS drawdown since its inception was -83.11%, roughly equal to the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for BITS and COPX.
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Drawdown Indicators
| BITS | COPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.11% | -83.16% | +0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -48.38% | -27.82% | -20.56% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.41% | — |
Current DrawdownCurrent decline from peak | -45.55% | -18.34% | -27.21% |
Average DrawdownAverage peak-to-trough decline | -43.20% | -39.59% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.10% | 7.29% | +14.81% |
Volatility
BITS vs. COPX - Volatility Comparison
Global X Blockchain & Bitcoin Strategy ETF (BITS) and Global X Copper Miners ETF (COPX) have volatilities of 17.37% and 18.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BITS | COPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.37% | 18.01% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 43.69% | 33.81% | +9.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.51% | 42.19% | +12.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.49% | 36.05% | +25.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.49% | 35.51% | +25.98% |