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COPJ vs. TUR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

COPJ vs. TUR

Last updated Jul 21, 2026
Documentation

COPJ (Sprott Junior Copper Miners ETF) and TUR (iShares MSCI Turkey ETF) are both exchange-traded funds - COPJ is a Copper fund tracking the Nasdaq Sprott Junior Copper Miners Index, while TUR is a Emerging Markets Equities fund tracking the MSCI Turkey Investable Market Index. Both are passively managed. Over the past 3 years, COPJ returned 34.22%/yr vs 10.36%/yr for TUR. At a 0.23 correlation, their price movements are largely independent. COPJ charges 0.78%/yr vs 0.59%/yr for TUR.

Performance

COPJ vs. TUR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Junior Copper Miners ETF (COPJ) and iShares MSCI Turkey ETF (TUR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, COPJ achieves a -4.07% return, which is significantly lower than TUR's 15.93% return.

COPJ

1D
0.23%
1M
-11.32%
6M
-15.71%
YTD
-4.07%
1Y
64.49%
3Y*
34.22%
5Y*
—
10Y*
—
ALL TIME*
28.75%

TUR

1D
1.26%
1M
-3.76%
6M
3.89%
YTD
15.93%
1Y
22.19%
3Y*
10.36%
5Y*
16.26%
10Y*
3.98%
ALL TIME*
1.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

COPJ vs. TUR - Yearly Performance Comparison

2026 (YTD)202520242023
COPJ
Sprott Junior Copper Miners ETF		-4.07%140.63%11.07%-6.47%
TUR
iShares MSCI Turkey ETF		15.93%-1.54%12.91%5.39%

Correlation

The correlation between COPJ and TUR is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.38

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (All Time)
Calculated using the full available price history since Feb 2, 2023

0.23

The correlation between COPJ and TUR shifts across timeframes, from 0.23 (all time) to 0.38 (1 year), reflecting how their relationship changes across market environments.

COPJ vs. TUR - Sectors Allocation Comparison

Sectors
COPJ
TUR

Basic Materials

100.0%
10.2%

Technology

3.6%
1.2%

Communication Services

-

3.4%

Consumer Cyclical

-

4.8%

Consumer Defensive

-

13.4%

Energy

-

6.9%

Financial Services

-

15.4%

Healthcare

-

2.2%

Industrials

-

25.2%

Real Estate

-

1.2%

Utilities

-

1.7%

Basic Materials

COPJ
100.0%
TUR
10.2%

Technology

COPJ
3.6%
TUR
1.2%

Communication Services

COPJ

-

TUR
3.4%

Consumer Cyclical

COPJ

-

TUR
4.8%

Consumer Defensive

COPJ

-

TUR
13.4%

Energy

COPJ

-

TUR
6.9%

Financial Services

COPJ

-

TUR
15.4%

Healthcare

COPJ

-

TUR
2.2%

Industrials

COPJ

-

TUR
25.2%

Real Estate

COPJ

-

TUR
1.2%

Utilities

COPJ

-

TUR
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Sprott Junior Copper Miners ETF

iShares MSCI Turkey ETF

Often compared with COPJ:
COPJ vs. COPXCOPJ vs. COPPCOPJ vs. CPERCOPJ vs. ICOPCOPJ vs. SLVPCOPJ vs. XMECOPJ vs. SCCO
Often compared with TUR:
TUR vs. VOOTUR vs. HEDJTUR vs. AMRTUR vs. EPOLTUR vs. SPYTUR vs. VGKTUR vs. SFM

Return for Risk

COPJ vs. TUR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
COPJ
COPJ Risk / Return Rank: 5050
Overall Rank
COPJ Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
COPJ Sortino Ratio Rank: 4949
Sortino Ratio Rank
COPJ Omega Ratio Rank: 5252
Omega Ratio Rank
COPJ Calmar Ratio Rank: 5353
Calmar Ratio Rank
COPJ Martin Ratio Rank: 4040
Martin Ratio Rank
TUR
TUR Risk / Return Rank: 3434
Overall Rank
TUR Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
TUR Sortino Ratio Rank: 3333
Sortino Ratio Rank
TUR Omega Ratio Rank: 3535
Omega Ratio Rank
TUR Calmar Ratio Rank: 3636
Calmar Ratio Rank
TUR Martin Ratio Rank: 3232
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COPJ vs. TUR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Copper Miners ETF (COPJ) and iShares MSCI Turkey ETF (TUR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

COPJTURDifference
Sharpe ratioReturn per unit of total volatility
1.41
0.91

+0.51

Sortino ratioReturn per unit of downside risk
1.88
1.39

+0.48

Omega ratioGain probability vs. loss probability

1.25

1.18

+0.06

Calmar ratioReturn relative to maximum drawdown

2.01

1.39

+0.62

Martin ratioReturn relative to average drawdown

4.80

3.55

+1.25

COPJ vs. TUR - Sharpe Ratio Comparison

The current COPJ Sharpe Ratio is 1.41, which is higher than the TUR Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of COPJ and TUR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

COPJ vs. TUR - Drawdown Comparison

The maximum COPJ drawdown since its inception was -32.28%, smaller than the maximum TUR drawdown of -72.34%. Use the drawdown chart below to compare losses from any high point for COPJ and TUR.

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Drawdown Indicators

COPJTURDifference

Max Drawdown

Largest peak-to-trough decline

-32.28%

-72.34%

+40.06%

Max Drawdown (1Y)

Largest decline over 1 year

-32.28%

-16.07%

-16.21%

Max Drawdown (3Y)

Largest decline over 3 years

-32.28%

-31.63%

-0.65%

Max Drawdown (5Y)

Largest decline over 5 years

—

-31.63%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-59.25%

—

Current Drawdown

Current decline from peak

-26.67%

-27.04%

+0.37%

Average Drawdown

Average peak-to-trough decline

-12.26%

-39.81%

+27.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.49%

6.27%

+7.22%

Volatility

COPJ vs. TUR - Volatility Comparison

Sprott Junior Copper Miners ETF (COPJ) has a higher volatility of 12.52% compared to iShares MSCI Turkey ETF (TUR) at 5.19%. This indicates that COPJ's price experiences larger fluctuations and is considered to be riskier than TUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

COPJTURDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.52%

5.19%

+7.33%

Volatility (6M)

Calculated over the trailing 6-month period

39.13%

20.41%

+18.72%

Volatility (1Y)

Calculated over the trailing 1-year period

45.92%

24.64%

+21.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.79%

34.16%

+1.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

35.79%

34.13%

+1.66%

COPJ vs. TUR - Expense Ratio Comparison

COPJ has a 0.78% expense ratio, which is higher than TUR's 0.59% expense ratio.

Dividends

COPJ vs. TUR - Dividend Comparison

COPJ's dividend yield for the trailing twelve months is around 12.06%, more than TUR's 2.13% yield.

PositionTTM20252024202320222021202020192018201720162015
COPJ
Sprott Junior Copper Miners ETF		12.06%11.57%11.64%2.48%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TUR
iShares MSCI Turkey ETF		2.13%2.40%1.79%4.43%1.97%4.22%0.87%3.29%4.05%2.64%2.89%3.04%

Frequently Asked Questions

COPJ and TUR have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

COPJ has higher volatility (12.52%) compared to TUR (5.19%). In terms of maximum drawdown, COPJ dropped -32.28% vs TUR's -72.34%.

On 3-year performance, COPJ leads with 34.22% vs 10.36% for TUR. On fees, TUR is cheaper at 0.59% per year. On volatility, TUR has been the lower-risk option at 5.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, COPJ has performed better with a 34.22% return vs 10.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

TUR is cheaper with a 0.59% expense ratio, compared with 0.78% for COPJ.

COPJ has the higher dividend yield at 12.06%, compared with 2.13% for TUR.

COPJ is categorized as Copper, while TUR is Emerging Markets Equities. COPJ tracks Nasdaq Sprott Junior Copper Miners Index, while TUR tracks MSCI Turkey Investable Market Index. They also come from different issuers: Sprott and iShares. Their fees differ too: 0.78% for COPJ and 0.59% for TUR.

COPJ currently has the higher Sharpe Ratio (1.41 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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