COPP.L vs. LITU.L

Last updated Jun 5, 2026

COPP.L (Sprott Pure Play Copper Miners UCITS ETF) and LITU.L (Global X Lithium & Battery Tech UCITS ETF USD Acc) are both Commodity Producers Equities funds - COPP.L tracks the Nasdaq Sprott Copper Miners Index while LITU.L tracks the Solactive Global Lithium v2 Index. Both are passively managed. Over the past year, COPP.L returned 115.40% vs 125.07% for LITU.L. A 0.54 correlation means they provide meaningful diversification when combined. COPP.L charges 0.65%/yr vs 0.60%/yr for LITU.L.

Performance

COPP.L vs. LITU.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 Lithium & Battery Tech UCITS ETF USD Acc (LITU.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

COPP.L is traded in GBP, while LITU.L is traded in USD. To make them comparable, the LITU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, COPP.L achieves a 21.26% return, which is significantly lower than LITU.L's 27.12% return.

COPP.L

• 1D: -1.45%
• 1M: 18.47%
• YTD: 21.26%
• 6M: 27.24%
• 1Y: 115.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITU.L

• 1D: -3.04%
• 1M: -5.96%
• YTD: 27.12%
• 6M: 32.79%
• 1Y: 125.07%
• 3Y*: 7.44%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025	2024	2023
COPP.L Sprott Pure Play Copper Miners UCITS ETF	21.26%	90.17%	11.10%	12.25%
LITU.L Global X Lithium & Battery Tech UCITS ETF USD Acc	27.12%	47.95%	-18.61%	7.62%

Correlation

The correlation between COPP.L and LITU.L is 0.60, 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	0.60
Correlation (All Time) Calculated using the full available price history since Dec 8, 2023	0.54

The correlation between COPP.L and LITU.L has been stable across timeframes, ranging from 0.54 to 0.60 - a consistent structural relationship.

Return for Risk

COPP.L vs. LITU.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: 79
COPP.L Sharpe Ratio Rank: 89
COPP.L Sortino Ratio Rank: 77
COPP.L Omega Ratio Rank: 73
COPP.L Calmar Ratio Rank: 81
COPP.L Martin Ratio Rank: 75

LITU.L

LITU.L Risk / Return Rank: 93
LITU.L Sharpe Ratio Rank: 96
LITU.L Sortino Ratio Rank: 91
LITU.L Omega Ratio Rank: 89
LITU.L Calmar Ratio Rank: 96
LITU.L Martin Ratio Rank: 95

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. LITU.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 Lithium & Battery Tech UCITS ETF USD Acc (LITU.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	LITU.L	Difference
Sharpe ratio: Return per unit of total volatility	2.95	4.12	-1.17
Sortino ratio: Return per unit of downside risk	3.40	4.43	-1.03
Omega ratio: Gain probability vs. loss probability	1.43	1.60	-0.17
Calmar ratio: Return relative to maximum drawdown	4.13	11.08	-6.94
Martin ratio: Return relative to average drawdown	14.03	33.13	-19.10
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. LITU.L - Sharpe Ratio Comparison

The current COPP.L Sharpe Ratio is 2.95, which is comparable to the LITU.L Sharpe Ratio of 4.12. The chart below compares the historical Sharpe Ratios of COPP.L and LITU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COPP.L	LITU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.95	4.12	-1.17
Sharpe Ratio (All Time) Calculated using the full available price history	1.57	-0.03	+1.60

Drawdowns

COPP.L vs. LITU.L - Drawdown Comparison

The maximum COPP.L drawdown since its inception was -36.29%, smaller than the maximum LITU.L drawdown of -61.87%. Use the drawdown chart below to compare losses from any high point for COPP.L and LITU.L.

Drawdown Indicators

	COPP.L	LITU.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.29%	-61.87%	+25.58%
Max Drawdown (1Y) Largest decline over 1 year	-27.75%	-11.22%	-16.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-51.18%	—
Current Drawdown Current decline from peak	-4.04%	-8.41%	+4.37%
Average Drawdown Average peak-to-trough decline	-11.19%	-32.91%	+21.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.19%	3.76%	+4.43%

Volatility

COPP.L vs. LITU.L - Volatility Comparison

Sprott Pure Play Copper Miners UCITS ETF (COPP.L) has a higher volatility of 14.45% compared to Global X Lithium & Battery Tech UCITS ETF USD Acc (LITU.L) at 9.47%. This indicates that COPP.L's price experiences larger fluctuations and is considered to be riskier than LITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPP.L	LITU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.45%	9.47%	+4.98%
Volatility (6M) Calculated over the trailing 6-month period	33.60%	20.78%	+12.82%
Volatility (1Y) Calculated over the trailing 1-year period	38.93%	30.24%	+8.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.71%	29.01%	+4.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.71%	29.01%	+4.70%

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

COPP.L has a 0.65% expense ratio, which is higher than LITU.L's 0.60% expense ratio.

Dividends

COPP.L vs. LITU.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both COPP.L and LITU.L in my portfolio?

COPP.L and LITU.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COPP.L or LITU.L?

On fees, LITU.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COPP.L or LITU.L?

LITU.L is cheaper with a 0.60% expense ratio, compared with 0.65% for COPP.L.

What is the main difference between COPP.L and LITU.L?

COPP.L tracks Nasdaq Sprott Copper Miners Index, while LITU.L tracks Solactive Global Lithium v2 Index. They also come from different issuers: Sprott and Global X. Their fees differ too: 0.65% for COPP.L and 0.60% for LITU.L.