COPJ vs. TURF

Last updated Jun 3, 2026

COPJ (Sprott Junior Copper Miners ETF) and TURF (T. Rowe Price Natural Resources ETF) are both Commodity Producers Equities funds. A 0.62 correlation means they provide meaningful diversification when combined. COPJ charges 0.78%/yr vs 0.44%/yr for TURF.

Performance

COPJ vs. TURF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Junior Copper Miners ETF (COPJ) and T. Rowe Price Natural Resources ETF (TURF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with COPJ having a 20.64% return and TURF slightly lower at 20.54%.

COPJ

• 1D: 3.38%
• 1M: 19.01%
• YTD: 20.64%
• 6M: 36.15%
• 1Y: 134.14%
• 3Y*: 47.64%
• 5Y*: —
• 10Y*: —

TURF

• 1D: 1.60%
• 1M: 0.70%
• YTD: 20.54%
• 6M: 25.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COPJ vs. TURF - Yearly Performance Comparison

	2026 (YTD)	2025
COPJ Sprott Junior Copper Miners ETF	20.64%	87.56%
TURF T. Rowe Price Natural Resources ETF	20.54%	17.05%

Correlation

The correlation between COPJ and TURF is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.62

COPJ vs. TURF - Sectors Allocation Comparison

Sectors	COPJ	TURF
Basic Materials	100.0%	33.9%
Technology	3.6%	0.4%
Communication Services	-	3.8%
Consumer Cyclical	-	-
Consumer Defensive	-	8.5%
Energy	-	29.2%
Financial Services	-	2.3%
Healthcare	-	-
Industrials	-	1.6%
Real Estate	-	-
Utilities	-	0.3%

Return for Risk

COPJ vs. TURF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COPJ

COPJ Risk / Return Rank: 79
COPJ Sharpe Ratio Rank: 92
COPJ Sortino Ratio Rank: 74
COPJ Omega Ratio Rank: 79
COPJ Calmar Ratio Rank: 82
COPJ Martin Ratio Rank: 68

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. TURF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Copper Miners ETF (COPJ) and T. Rowe Price Natural Resources ETF (TURF). 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	TURF	Difference
Sharpe ratio Return per unit of total volatility	3.30	—	—
Sortino ratio Return per unit of downside risk	3.38	—	—
Omega ratio Gain probability vs. loss probability	1.48	—	—
Calmar ratio Return relative to maximum drawdown	4.28	—	—
Martin ratio Return relative to average drawdown	12.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	COPJ	TURF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	2.60	-1.45

Drawdowns

COPJ vs. TURF - Drawdown Comparison

The maximum COPJ drawdown since its inception was -32.28%, which is greater than TURF's maximum drawdown of -6.84%. Use the drawdown chart below to compare losses from any high point for COPJ and TURF.

Drawdown Indicators

	COPJ	TURF	Difference
Max Drawdown Largest peak-to-trough decline	-32.28%	-6.84%	-25.44%
Max Drawdown (1Y) Largest decline over 1 year	-32.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.28%	—	—
Current Drawdown Current decline from peak	-7.78%	-1.73%	-6.05%
Average Drawdown Average peak-to-trough decline	-11.86%	-1.52%	-10.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.00%	—	—

Volatility

Volatility by Period

	COPJ	TURF	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.90%	16.51%	+25.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.71%	16.51%	+18.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.71%	16.51%	+18.20%

COPJ vs. TURF - Expense Ratio Comparison

COPJ has a 0.78% expense ratio, which is higher than TURF's 0.44% expense ratio.

Dividends

COPJ vs. TURF - Dividend Comparison

COPJ's dividend yield for the trailing twelve months is around 9.59%, more than TURF's 1.24% yield.

Position	TTM	2025	2024	2023
COPJ Sprott Junior Copper Miners ETF	9.59%	11.57%	11.64%	2.48%
TURF T. Rowe Price Natural Resources ETF	1.24%	1.49%	0.00%	0.00%

Frequently Asked Questions

Can I hold both COPJ and TURF in my portfolio?

COPJ and TURF have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COPJ or TURF?

On fees, TURF is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COPJ or TURF?

TURF is cheaper with a 0.44% expense ratio, compared with 0.78% for COPJ.

Which ETF pays a higher dividend yield, COPJ or TURF?

COPJ has the higher dividend yield at 9.59%, compared with 1.24% for TURF.

What is the main difference between COPJ and TURF?

They also come from different issuers: Sprott and T. Rowe Price. Their fees differ too: 0.78% for COPJ and 0.44% for TURF.