CATL.L vs. COPA.L
CATL.L (WisdomTree Live Cattle) and COPA.L (WisdomTree Copper) are both exchange-traded funds - CATL.L is a Agricultural Commodities fund tracking the Bloomberg Live Cattle, while COPA.L is a Metals fund tracking the Bloomberg Copper Subindex. Both are passively managed. Over the past 10 years, CATL.L returned 4.62%/yr vs 10.33%/yr for COPA.L. At a 0.07 correlation, their price movements are largely independent. Both charge a 0.49% expense ratio.
Performance
CATL.L vs. COPA.L - Performance Comparison
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Returns By Period
In the year-to-date period, CATL.L achieves a 8.69% return, which is significantly lower than COPA.L's 13.93% return. Over the past 10 years, CATL.L has underperformed COPA.L with an annualized return of 4.62%, while COPA.L has yielded a comparatively higher 10.33% annualized return.
CATL.L
- 1D
- 1.15%
- 1M
- -2.20%
- YTD
- 8.69%
- 6M
- 12.61%
- 1Y
- 21.53%
- 3Y*
- 17.43%
- 5Y*
- 14.11%
- 10Y*
- 4.62%
COPA.L
- 1D
- 0.27%
- 1M
- 9.03%
- YTD
- 13.93%
- 6M
- 21.07%
- 1Y
- 30.28%
- 3Y*
- 19.08%
- 5Y*
- 7.06%
- 10Y*
- 10.33%
CATL.L vs. COPA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CATL.L WisdomTree Live Cattle | 8.69% | 30.08% | 17.70% | 10.29% | 1.56% | -0.70% | -19.53% | 0.24% | 1.47% | 6.97% |
COPA.L WisdomTree Copper | 13.93% | 36.37% | 4.81% | 2.66% | -13.58% | 24.36% | 21.41% | 4.90% | -20.37% | 26.83% |
Correlation
The correlation between CATL.L and COPA.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2007 | 0.07 |
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Return for Risk
CATL.L vs. COPA.L — Risk / Return Rank
CATL.L
COPA.L
CATL.L vs. COPA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Live Cattle (CATL.L) and WisdomTree Copper (COPA.L). 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.
| CATL.L | COPA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.22 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.19 | +0.16 |
| Martin ratioReturn relative to average drawdown | 4.54 | 2.57 | +1.97 |
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
| CATL.L | COPA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 0.91 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | 0.27 | +1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.44 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.09 | -0.12 |
Drawdowns
CATL.L vs. COPA.L - Drawdown Comparison
The maximum CATL.L drawdown since its inception was -60.08%, smaller than the maximum COPA.L drawdown of -67.44%. Use the drawdown chart below to compare losses from any high point for CATL.L and COPA.L.
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Drawdown Indicators
| CATL.L | COPA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.08% | -67.44% | +7.36% |
Max Drawdown (1Y)Largest decline over 1 year | -15.78% | -25.25% | +9.47% |
Max Drawdown (3Y)Largest decline over 3 years | -15.78% | -25.25% | +9.47% |
Max Drawdown (5Y)Largest decline over 5 years | -15.78% | -34.64% | +18.86% |
Max Drawdown (10Y)Largest decline over 10 years | -42.23% | -38.75% | -3.48% |
Current DrawdownCurrent decline from peak | -8.69% | -2.26% | -6.43% |
Average DrawdownAverage peak-to-trough decline | -35.46% | -33.24% | -2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.73% | 11.73% | -7.00% |
Volatility
CATL.L vs. COPA.L - Volatility Comparison
The current volatility for WisdomTree Live Cattle (CATL.L) is 4.20%, while WisdomTree Copper (COPA.L) has a volatility of 8.83%. This indicates that CATL.L experiences smaller price fluctuations and is considered to be less risky than COPA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CATL.L | COPA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 8.83% | -4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | 18.91% | -8.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 33.17% | -15.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 26.20% | -9.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.60% | 23.28% | +2.32% |
CATL.L vs. COPA.L - Expense Ratio Comparison
Both CATL.L and COPA.L have an expense ratio of 0.49%.
Dividends
CATL.L vs. COPA.L - Dividend Comparison
Neither CATL.L nor COPA.L has paid dividends to shareholders.
Frequently Asked Questions
CATL.L and COPA.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CATL.L and COPA.L have the same expense ratio: 0.49% per year.
CATL.L is categorized as Agricultural Commodities, while COPA.L is Metals. CATL.L tracks Bloomberg Live Cattle, while COPA.L tracks Bloomberg Copper Subindex.
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