COPJ vs. DFEN
Compare and contrast key facts about Sprott Junior Copper Miners ETF (COPJ) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).
COPJ and DFEN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COPJ is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Junior Copper Miners Index - Benchmark TR Net. It was launched on Feb 1, 2023. DFEN is a passively managed fund by Direxion that tracks the performance of the Dow Jones U.S. Select Aerospace & Defense Index (300%). It was launched on May 3, 2017. Both COPJ and DFEN 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
COPJ vs. DFEN - Performance Comparison
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COPJ vs. DFEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
COPJ Sprott Junior Copper Miners ETF | 1.20% | 140.63% | 11.07% | -5.30% |
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 5.76% | 156.62% | 27.07% | 19.14% |
Returns By Period
In the year-to-date period, COPJ achieves a 1.20% return, which is significantly lower than DFEN's 5.76% return.
COPJ
- 1D
- 2.03%
- 1M
- -19.66%
- YTD
- 1.20%
- 6M
- 38.36%
- 1Y
- 122.82%
- 3Y*
- 38.27%
- 5Y*
- —
- 10Y*
- —
DFEN
- 1D
- 7.00%
- 1M
- -30.69%
- YTD
- 5.76%
- 6M
- 8.27%
- 1Y
- 138.06%
- 3Y*
- 59.94%
- 5Y*
- 32.31%
- 10Y*
- —
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COPJ vs. DFEN - Expense Ratio Comparison
COPJ has a 0.78% expense ratio, which is lower than DFEN's 0.99% expense ratio.
Return for Risk
COPJ vs. DFEN — Risk / Return Rank
COPJ
DFEN
COPJ vs. DFEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Copper Miners ETF (COPJ) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN). 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.
| COPJ | DFEN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.96 | 1.98 | +0.98 |
Sortino ratioReturn per unit of downside risk | 3.13 | 2.37 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.33 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.78 | 3.43 | +0.35 |
Martin ratioReturn relative to average drawdown | 13.93 | 11.60 | +2.33 |
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
| COPJ | DFEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.96 | 1.98 | +0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.22 | +0.81 |
Correlation
The correlation between COPJ and DFEN is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
COPJ vs. DFEN - Dividend Comparison
COPJ's dividend yield for the trailing twelve months is around 11.44%, more than DFEN's 8.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COPJ Sprott Junior Copper Miners ETF | 11.44% | 11.57% | 11.64% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 8.44% | 8.89% | 14.12% | 1.13% | 0.46% | 1.89% | 0.48% | 0.50% | 1.07% | 1.50% |
Drawdowns
COPJ vs. DFEN - Drawdown Comparison
The maximum COPJ drawdown since its inception was -32.28%, smaller than the maximum DFEN drawdown of -91.36%. Use the drawdown chart below to compare losses from any high point for COPJ and DFEN.
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Drawdown Indicators
| COPJ | DFEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.28% | -91.36% | +59.08% |
Max Drawdown (1Y)Largest decline over 1 year | -32.28% | -41.75% | +9.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.23% | — |
Current DrawdownCurrent decline from peak | -22.65% | -30.69% | +8.04% |
Average DrawdownAverage peak-to-trough decline | -11.59% | -45.53% | +33.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.76% | 12.33% | -3.57% |
Volatility
COPJ vs. DFEN - Volatility Comparison
The current volatility for Sprott Junior Copper Miners ETF (COPJ) is 17.82%, while Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) has a volatility of 24.88%. This indicates that COPJ experiences smaller price fluctuations and is considered to be less risky than DFEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COPJ | DFEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.82% | 24.88% | -7.06% |
Volatility (6M)Calculated over the trailing 6-month period | 34.55% | 48.34% | -13.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.70% | 70.19% | -28.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.87% | 59.08% | -25.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.87% | 71.34% | -37.47% |