COPP.L vs. COPG.L

Last updated Apr 1, 2026

Compare and contrast key facts about Sprott Pure Play Copper Miners UCITS ETF (COPP.L) and Global X Copper Miners UCITS ETF USD Acc (COPG.L).

COPP.L and COPG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COPP.L is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Copper Miners Index. It was launched on Dec 6, 2023. COPG.L is a passively managed fund by Global X that tracks the performance of the Solactive Global Copper Miners Total Return Index. It was launched on Nov 22, 2021. Both COPP.L and COPG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

COPP.L vs. COPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Sprott Pure Play Copper Miners UCITS ETF (COPP.L) and Global X Copper Miners UCITS ETF USD Acc (COPG.L). The values are adjusted to include any dividend payments, if applicable.

COPP.L vs. COPG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
COPP.L Sprott Pure Play Copper Miners UCITS ETF	-1.20%	90.17%	11.10%	12.25%
COPG.L Global X Copper Miners UCITS ETF USD Acc	3.70%	82.05%	3.66%	9.61%

Returns By Period

In the year-to-date period, COPP.L achieves a -1.20% return, which is significantly lower than COPG.L's 3.70% return.

COPP.L

• 1D: 3.28%
• 1M: -21.08%
• YTD: -1.20%
• 6M: 22.27%
• 1Y: 90.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COPG.L

• 1D: 2.20%
• 1M: -21.65%
• YTD: 3.70%
• 6M: 29.50%
• 1Y: 90.62%
• 3Y*: 24.11%
• 5Y*: —
• 10Y*: —

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

COPP.L vs. COPG.L - Expense Ratio Comparison

Both COPP.L and COPG.L have an expense ratio of 0.65%.

COPP.L

Sprott Pure Play Copper Miners UCITS ETF

COPG.L

Global X Copper Miners UCITS ETF USD Acc

Return for Risk

COPP.L vs. COPG.L — Risk / Return Rank

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

COPP.L

COPP.L Risk / Return Rank: 91
COPP.L Sharpe Ratio Rank: 95
COPP.L Sortino Ratio Rank: 92
COPP.L Omega Ratio Rank: 87
COPP.L Calmar Ratio Rank: 91
COPP.L Martin Ratio Rank: 92

COPG.L

COPG.L Risk / Return Rank: 92
COPG.L Sharpe Ratio Rank: 95
COPG.L Sortino Ratio Rank: 92
COPG.L Omega Ratio Rank: 88
COPG.L Calmar Ratio Rank: 92
COPG.L Martin Ratio Rank: 91

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.

COPP.L vs. COPG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Pure Play Copper Miners UCITS ETF (COPP.L) and Global X Copper Miners UCITS ETF USD Acc (COPG.L). 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.

	COPP.L	COPG.L	Difference
Sharpe ratio Return per unit of total volatility	2.40	2.42	-0.02
Sortino ratio Return per unit of downside risk	2.78	2.80	-0.02
Omega ratio Gain probability vs. loss probability	1.36	1.37	-0.01
Calmar ratio Return relative to maximum drawdown	3.21	3.35	-0.14
Martin ratio Return relative to average drawdown	13.02	12.86	+0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COPP.L vs. COPG.L - Sharpe Ratio Comparison

The current COPP.L Sharpe Ratio is 2.40, which is comparable to the COPG.L Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of COPP.L and COPG.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COPP.L	COPG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.42	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.65	+0.72

Correlation

The correlation between COPP.L and COPG.L is 0.92, 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.

Dividends

COPP.L vs. COPG.L - Dividend Comparison

Neither COPP.L nor COPG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

COPP.L vs. COPG.L - Drawdown Comparison

The maximum COPP.L drawdown since its inception was -36.29%, smaller than the maximum COPG.L drawdown of -38.84%. Use the drawdown chart below to compare losses from any high point for COPP.L and COPG.L.

Drawdown Indicators

	COPP.L	COPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.29%	-38.84%	+2.55%
Max Drawdown (1Y) Largest decline over 1 year	-27.75%	-26.29%	-1.46%
Current Drawdown Current decline from peak	-21.50%	-21.67%	+0.17%
Average Drawdown Average peak-to-trough decline	-11.17%	-14.03%	+2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.85%	6.85%	0.00%

Volatility

COPP.L vs. COPG.L - Volatility Comparison

Sprott Pure Play Copper Miners UCITS ETF (COPP.L) and Global X Copper Miners UCITS ETF USD Acc (COPG.L) have volatilities of 15.88% and 15.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPP.L	COPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.88%	15.35%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	30.98%	30.35%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	37.78%	37.38%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.51%	33.26%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.51%	33.26%	-0.75%