COPJ vs. UIVM

Last updated Jun 13, 2026

COPJ (Sprott Junior Copper Miners ETF) and UIVM (VictoryShares International Value Momentum ETF) are both exchange-traded funds - COPJ is a Commodity Producers Equities fund tracking the Nasdaq Sprott Junior Copper Miners Index, while UIVM is a Momentum fund tracking the Nasdaq Victory International Value Momentum Index. Both are passively managed. Over the past 3 years, COPJ returned 41.69%/yr vs 24.11%/yr for UIVM. A 0.61 correlation means they provide meaningful diversification when combined. COPJ charges 0.78%/yr vs 0.35%/yr for UIVM.

Performance

COPJ vs. UIVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Junior Copper Miners ETF (COPJ) and VictoryShares International Value Momentum ETF (UIVM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COPJ achieves a 8.25% return, which is significantly lower than UIVM's 15.12% return.

COPJ

• 1D: 4.06%
• 1M: -7.22%
• YTD: 8.25%
• 6M: 18.98%
• 1Y: 100.49%
• 3Y*: 41.69%
• 5Y*: —
• 10Y*: —

UIVM

• 1D: 0.32%
• 1M: 0.05%
• YTD: 15.12%
• 6M: 17.12%
• 1Y: 33.17%
• 3Y*: 24.11%
• 5Y*: 11.89%
• 10Y*: —

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

COPJ vs. UIVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
COPJ Sprott Junior Copper Miners ETF	8.25%	140.63%	11.07%	-6.47%
UIVM VictoryShares International Value Momentum ETF	15.12%	45.47%	5.23%	9.25%

Correlation

The correlation between COPJ and UIVM is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023	0.61

The correlation between COPJ and UIVM has been stable across timeframes, ranging from 0.55 to 0.61 - a consistent structural relationship.

COPJ vs. UIVM - Sectors Allocation Comparison

Sectors	COPJ	UIVM
Basic Materials	100.0%	5.6%
Technology	3.6%	4.6%
Communication Services	-	3.2%
Consumer Cyclical	-	8.2%
Consumer Defensive	-	6.2%
Energy	-	4.6%
Financial Services	-	30.1%
Healthcare	-	5.8%
Industrials	-	21.8%
Real Estate	-	4.8%
Utilities	-	5.2%

Return for Risk

COPJ vs. UIVM — Risk / Return Rank

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

COPJ

COPJ Risk / Return Rank: 70
COPJ Sharpe Ratio Rank: 84
COPJ Sortino Ratio Rank: 66
COPJ Omega Ratio Rank: 72
COPJ Calmar Ratio Rank: 72
COPJ Martin Ratio Rank: 57

UIVM

UIVM Risk / Return Rank: 73
UIVM Sharpe Ratio Rank: 76
UIVM Sortino Ratio Rank: 76
UIVM Omega Ratio Rank: 77
UIVM Calmar Ratio Rank: 67
UIVM Martin Ratio Rank: 66

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. UIVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Copper Miners ETF (COPJ) and VictoryShares International Value Momentum ETF (UIVM). 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.

	COPJ	UIVM	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.13	+0.20
Sortino ratio: Return per unit of downside risk	2.62	2.96	-0.33
Omega ratio: Gain probability vs. loss probability	1.37	1.39	-0.02
Calmar ratio: Return relative to maximum drawdown	3.21	2.95	+0.26
Martin ratio: Return relative to average drawdown	8.96	10.70	-1.74

COPJ vs. UIVM - Sharpe Ratio Comparison

The current COPJ Sharpe Ratio is 2.33, which is comparable to the UIVM Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of COPJ and UIVM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

COPJ vs. UIVM - Drawdown Comparison

The maximum COPJ drawdown since its inception was -32.28%, smaller than the maximum UIVM drawdown of -42.73%. Use the drawdown chart below to compare losses from any high point for COPJ and UIVM.

Drawdown Indicators

	COPJ	UIVM	Difference
Max Drawdown Largest peak-to-trough decline	-32.28%	-42.73%	+10.45%
Max Drawdown (1Y) Largest decline over 1 year	-32.28%	-11.02%	-21.26%
Max Drawdown (3Y) Largest decline over 3 years	-32.28%	-11.69%	-20.59%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.27%	—
Current Drawdown Current decline from peak	-17.26%	-0.74%	-16.52%
Average Drawdown Average peak-to-trough decline	-11.97%	-9.68%	-2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.53%	3.03%	+8.50%

Volatility

COPJ vs. UIVM - Volatility Comparison

Sprott Junior Copper Miners ETF (COPJ) has a higher volatility of 19.44% compared to VictoryShares International Value Momentum ETF (UIVM) at 6.01%. This indicates that COPJ's price experiences larger fluctuations and is considered to be riskier than UIVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPJ	UIVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.44%	6.01%	+13.43%
Volatility (6M) Calculated over the trailing 6-month period	37.98%	13.25%	+24.73%
Volatility (1Y) Calculated over the trailing 1-year period	44.42%	15.25%	+29.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.48%	15.57%	+19.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.48%	17.25%	+18.23%

COPJ vs. UIVM - Expense Ratio Comparison

COPJ has a 0.78% expense ratio, which is higher than UIVM's 0.35% expense ratio.

Dividends

COPJ vs. UIVM - Dividend Comparison

COPJ's dividend yield for the trailing twelve months is around 10.69%, more than UIVM's 3.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
COPJ Sprott Junior Copper Miners ETF	10.69%	11.57%	11.64%	2.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UIVM VictoryShares International Value Momentum ETF	3.02%	3.70%	5.09%	4.35%	3.03%	3.48%	1.63%	3.49%	2.78%	0.15%

Frequently Asked Questions

Can I hold both COPJ and UIVM in my portfolio?

COPJ and UIVM have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COPJ or UIVM?

COPJ has higher volatility (19.44%) compared to UIVM (6.01%). In terms of maximum drawdown, COPJ dropped -32.28% vs UIVM's -42.73%.

Which ETF is better, COPJ or UIVM?

On 3-year performance, COPJ leads with 41.69% vs 24.11% for UIVM. On fees, UIVM is cheaper at 0.35% per year. On volatility, UIVM has been the lower-risk option at 6.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COPJ or UIVM?

Over the 3-year period, COPJ has performed better with a 41.69% return vs 24.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COPJ or UIVM?

UIVM is cheaper with a 0.35% expense ratio, compared with 0.78% for COPJ.

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

COPJ has the higher dividend yield at 10.69%, compared with 3.02% for UIVM.

What is the main difference between COPJ and UIVM?

COPJ is categorized as Commodity Producers Equities, while UIVM is Momentum. COPJ tracks Nasdaq Sprott Junior Copper Miners Index, while UIVM tracks Nasdaq Victory International Value Momentum Index. They also come from different issuers: Sprott and Victory Capital. Their fees differ too: 0.78% for COPJ and 0.35% for UIVM.

Which has better risk-adjusted returns?

COPJ currently has the higher Sharpe Ratio (2.33 vs 2.13), 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.