COPJ vs. SCCO
Compare and contrast key facts about Sprott Junior Copper Miners ETF (COPJ) and Southern Copper Corporation (SCCO).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COPJ or SCCO.
Key characteristics
| COPJ | SCCO | |
|---|---|---|
| YTD Return | 14.89% | 17.16% |
| 1Y Return | 15.09% | 27.44% |
| Sharpe Ratio | 0.56 | 0.84 |
| Daily Std Dev | 30.35% | 36.02% |
| Max Drawdown | -26.71% | -78.59% |
| Current Drawdown | -18.94% | -22.76% |
Correlation
The correlation between COPJ and SCCO is 0.77, 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.
Performance
COPJ vs. SCCO - Performance Comparison
In the year-to-date period, COPJ achieves a 14.89% return, which is significantly lower than SCCO's 17.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
COPJ vs. SCCO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Copper Miners ETF (COPJ) and Southern Copper Corporation (SCCO). 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.
Dividends
COPJ vs. SCCO - Dividend Comparison
COPJ's dividend yield for the trailing twelve months is around 2.16%, less than SCCO's 2.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COPJ Sprott Junior Copper Miners ETF | 2.16% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCCO Southern Copper Corporation | 2.41% | 4.65% | 5.78% | 5.15% | 2.28% | 4.76% | 4.44% | 1.21% | 0.55% | 1.27% | 1.59% | 2.31% |
Drawdowns
COPJ vs. SCCO - Drawdown Comparison
The maximum COPJ drawdown since its inception was -26.71%, smaller than the maximum SCCO drawdown of -78.59%. Use the drawdown chart below to compare losses from any high point for COPJ and SCCO. For additional features, visit the drawdowns tool.
Volatility
COPJ vs. SCCO - Volatility Comparison
The current volatility for Sprott Junior Copper Miners ETF (COPJ) is 9.63%, while Southern Copper Corporation (SCCO) has a volatility of 10.90%. This indicates that COPJ experiences smaller price fluctuations and is considered to be less risky than SCCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.