COPG.L vs. WREE.L
Compare and contrast key facts about Global X Copper Miners UCITS ETF USD Acc (COPG.L) and WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L).
COPG.L and WREE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COPG.L is a passively managed fund by Global X that tracks the performance of the Solactive Global Copper Miners Total Return Index. It was launched on Nov 22, 2021. WREE.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Strategic Metals and Rare Earths Miners Index. It was launched on Apr 3, 2024. Both COPG.L and WREE.L 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
COPG.L vs. WREE.L - Performance Comparison
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COPG.L vs. WREE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
COPG.L Global X Copper Miners UCITS ETF USD Acc | 9.97% | 82.05% | -15.52% |
WREE.L WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc | 11.99% | 100.33% | -10.09% |
Different Trading Currencies
COPG.L is traded in GBP, while WREE.L is traded in GBp. To make them comparable, the WREE.L 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 9.97% return, which is significantly lower than WREE.L's 11.99% return.
COPG.L
- 1D
- 6.05%
- 1M
- -14.87%
- YTD
- 9.97%
- 6M
- 35.56%
- 1Y
- 99.44%
- 3Y*
- 26.56%
- 5Y*
- —
- 10Y*
- —
WREE.L
- 1D
- 1.65%
- 1M
- -13.73%
- YTD
- 11.99%
- 6M
- 31.30%
- 1Y
- 114.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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COPG.L vs. WREE.L - Expense Ratio Comparison
COPG.L has a 0.65% expense ratio, which is higher than WREE.L's 0.50% expense ratio.
Return for Risk
COPG.L vs. WREE.L — Risk / Return Rank
COPG.L
WREE.L
COPG.L vs. WREE.L - 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 WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.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.
| COPG.L | WREE.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.63 | 3.25 | -0.62 |
Sortino ratioReturn per unit of downside risk | 2.99 | 3.56 | -0.58 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.49 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 3.87 | 5.04 | -1.17 |
Martin ratioReturn relative to average drawdown | 15.49 | 19.53 | -4.04 |
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 | WREE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.63 | 3.25 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.44 | -0.74 |
Correlation
The correlation between COPG.L and WREE.L is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
COPG.L vs. WREE.L - Dividend Comparison
Neither COPG.L nor WREE.L has paid dividends to shareholders.
Drawdowns
COPG.L vs. WREE.L - Drawdown Comparison
The maximum COPG.L drawdown since its inception was -38.84%, which is greater than WREE.L's maximum drawdown of -27.50%. Use the drawdown chart below to compare losses from any high point for COPG.L and WREE.L.
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Drawdown Indicators
| COPG.L | WREE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.84% | -27.50% | -11.34% |
Max Drawdown (1Y)Largest decline over 1 year | -26.29% | -23.01% | -3.28% |
Current DrawdownCurrent decline from peak | -16.93% | -14.34% | -2.59% |
Average DrawdownAverage peak-to-trough decline | -14.03% | -8.67% | -5.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.57% | 5.93% | +0.64% |
Volatility
COPG.L vs. WREE.L - Volatility Comparison
Global X Copper Miners UCITS ETF USD Acc (COPG.L) has a higher volatility of 16.02% compared to WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc (WREE.L) at 14.91%. This indicates that COPG.L's price experiences larger fluctuations and is considered to be riskier than WREE.L 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 | WREE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.02% | 14.91% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 30.87% | 30.87% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.62% | 34.90% | +2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.37% | 29.48% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.37% | 29.48% | +3.89% |