COPJ vs. SLVP
Compare and contrast key facts about Sprott Junior Copper Miners ETF (COPJ) and iShares MSCI Global Silver Miners ETF (SLVP).
COPJ and SLVP 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. SLVP is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Silver Miners Investable Market Index. It was launched on Jan 31, 2012. Both COPJ and SLVP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COPJ or SLVP.
Correlation
The correlation between COPJ and SLVP is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
COPJ vs. SLVP - Performance Comparison
Key characteristics
COPJ:
0.41
SLVP:
0.50
COPJ:
0.79
SLVP:
0.97
COPJ:
1.09
SLVP:
1.11
COPJ:
0.52
SLVP:
0.30
COPJ:
0.98
SLVP:
1.67
COPJ:
12.86%
SLVP:
11.55%
COPJ:
30.57%
SLVP:
38.86%
COPJ:
-26.71%
SLVP:
-80.47%
COPJ:
-24.25%
SLVP:
-45.62%
Returns By Period
In the year-to-date period, COPJ achieves a 7.37% return, which is significantly lower than SLVP's 17.95% return.
COPJ
7.37%
-7.98%
-8.71%
9.30%
N/A
N/A
SLVP
17.95%
-9.35%
2.45%
16.10%
4.47%
4.69%
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COPJ vs. SLVP - Expense Ratio Comparison
COPJ has a 0.78% expense ratio, which is higher than SLVP's 0.39% expense ratio.
Risk-Adjusted Performance
COPJ vs. SLVP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Copper Miners ETF (COPJ) and iShares MSCI Global Silver Miners ETF (SLVP). 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. SLVP - Dividend Comparison
COPJ's dividend yield for the trailing twelve months is around 12.04%, more than SLVP's 1.42% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sprott Junior Copper Miners ETF | 12.04% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
iShares MSCI Global Silver Miners ETF | 1.02% | 0.87% | 0.64% | 1.62% | 2.39% | 2.02% | 1.27% | 0.85% | 2.32% | 0.71% | 2.03% | 1.72% |
Drawdowns
COPJ vs. SLVP - Drawdown Comparison
The maximum COPJ drawdown since its inception was -26.71%, smaller than the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for COPJ and SLVP. For additional features, visit the drawdowns tool.
Volatility
COPJ vs. SLVP - Volatility Comparison
The current volatility for Sprott Junior Copper Miners ETF (COPJ) is 6.54%, while iShares MSCI Global Silver Miners ETF (SLVP) has a volatility of 11.74%. This indicates that COPJ experiences smaller price fluctuations and is considered to be less risky than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.