COPG.L vs. V0IH.DE
COPG.L (Global X Copper Miners UCITS ETF USD Acc) and V0IH.DE (VanEck Oil Services UCITS ETF A) are both exchange-traded funds - COPG.L is a Commodity Producers Equities fund tracking the Solactive Global Copper Miners Total Return Index, while V0IH.DE is a Energy Equities fund tracking the MarketVector US Listed Oil Services 10% Capped. Both are passively managed. Over the past 3 years, COPG.L returned 34.51%/yr vs 18.97%/yr for V0IH.DE. At a 0.28 correlation, their price movements are largely independent. COPG.L charges 0.65%/yr vs 0.35%/yr for V0IH.DE.
Performance
COPG.L vs. V0IH.DE - Performance Comparison
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Different Trading Currencies
COPG.L is traded in GBP, while V0IH.DE is traded in EUR. To make them comparable, the V0IH.DE values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, COPG.L achieves a 24.91% return, which is significantly lower than V0IH.DE's 54.05% return.
COPG.L
- 1D
- -0.95%
- 1M
- 15.82%
- YTD
- 24.91%
- 6M
- 35.76%
- 1Y
- 119.81%
- 3Y*
- 34.51%
- 5Y*
- —
- 10Y*
- —
V0IH.DE
- 1D
- 0.65%
- 1M
- -0.64%
- YTD
- 54.05%
- 6M
- 44.56%
- 1Y
- 101.14%
- 3Y*
- 18.97%
- 5Y*
- —
- 10Y*
- —
COPG.L vs. V0IH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
COPG.L Global X Copper Miners UCITS ETF USD Acc | 24.91% | 82.05% | 3.66% | -1.24% |
V0IH.DE VanEck Oil Services UCITS ETF A | 54.05% | 4.40% | -10.50% | 12.15% |
Correlation
The correlation between COPG.L and V0IH.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2023 | 0.28 |
The correlation between COPG.L and V0IH.DE shifts across timeframes, from 0.12 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
COPG.L vs. V0IH.DE — Risk / Return Rank
COPG.L
V0IH.DE
COPG.L vs. V0IH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Copper Miners UCITS ETF USD Acc (COPG.L) and VanEck Oil Services UCITS ETF A (V0IH.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.
| COPG.L | V0IH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.51 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.53 | 11.15 | -6.62 |
| Martin ratioReturn relative to average drawdown | 14.57 | 26.03 | -11.46 |
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
| COPG.L | V0IH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.14 | 3.52 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.56 | +0.21 |
Drawdowns
COPG.L vs. V0IH.DE - Drawdown Comparison
The maximum COPG.L drawdown since its inception was -38.84%, smaller than the maximum V0IH.DE drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for COPG.L and V0IH.DE.
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Drawdown Indicators
| COPG.L | V0IH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.84% | -45.14% | +6.30% |
Max Drawdown (1Y)Largest decline over 1 year | -26.29% | -9.02% | -17.27% |
Max Drawdown (3Y)Largest decline over 3 years | -38.84% | -45.14% | +6.30% |
Current DrawdownCurrent decline from peak | -5.64% | -4.25% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -13.96% | -15.99% | +2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.19% | 3.87% | +4.32% |
Volatility
COPG.L vs. V0IH.DE - Volatility Comparison
Global X Copper Miners UCITS ETF USD Acc (COPG.L) has a higher volatility of 14.11% compared to VanEck Oil Services UCITS ETF A (V0IH.DE) at 8.72%. This indicates that COPG.L's price experiences larger fluctuations and is considered to be riskier than V0IH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COPG.L | V0IH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.11% | 8.72% | +5.39% |
Volatility (6M)Calculated over the trailing 6-month period | 32.19% | 20.21% | +11.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.96% | 28.63% | +9.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.82% | 29.04% | +4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.82% | 29.04% | +4.78% |
COPG.L vs. V0IH.DE - Expense Ratio Comparison
COPG.L has a 0.65% expense ratio, which is higher than V0IH.DE's 0.35% expense ratio.
Dividends
COPG.L vs. V0IH.DE - Dividend Comparison
Neither COPG.L nor V0IH.DE has paid dividends to shareholders.
Frequently Asked Questions
COPG.L and V0IH.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, V0IH.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
V0IH.DE is cheaper with a 0.35% expense ratio, compared with 0.65% for COPG.L.
COPG.L is categorized as Commodity Producers Equities, while V0IH.DE is Energy Equities. COPG.L tracks Solactive Global Copper Miners Total Return Index, while V0IH.DE tracks MarketVector US Listed Oil Services 10% Capped. They also come from different issuers: Global X and VanEck. Their fees differ too: 0.65% for COPG.L and 0.35% for V0IH.DE.
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