COPP.L vs. URNG.L

Last updated Apr 1, 2026

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

COPP.L and URNG.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. URNG.L is a passively managed fund by Global X that tracks the performance of the Solactive Global Uranium & Nuclear Components. It was launched on Apr 20, 2022. Both COPP.L and URNG.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. URNG.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 Uranium UCITS ETF USD Accumulating (URNG.L). The values are adjusted to include any dividend payments, if applicable.

COPP.L vs. URNG.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%
URNG.L Global X Uranium UCITS ETF USD Accumulating	11.93%	58.50%	2.96%	1.57%

Returns By Period

In the year-to-date period, COPP.L achieves a -1.20% return, which is significantly lower than URNG.L's 11.93% return.

COPP.L

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

URNG.L

• 1D: 0.28%
• 1M: -12.64%
• YTD: 11.93%
• 6M: 2.39%
• 1Y: 116.70%
• 3Y*: 36.18%
• 5Y*: —
• 10Y*: —

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

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

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

COPP.L

Sprott Pure Play Copper Miners UCITS ETF

URNG.L

Global X Uranium UCITS ETF USD Accumulating

Return for Risk

COPP.L vs. URNG.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

URNG.L

URNG.L Risk / Return Rank: 91
URNG.L Sharpe Ratio Rank: 95
URNG.L Sortino Ratio Rank: 94
URNG.L Omega Ratio Rank: 89
URNG.L Calmar Ratio Rank: 93
URNG.L Martin Ratio Rank: 85

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. URNG.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 Uranium UCITS ETF USD Accumulating (URNG.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	URNG.L	Difference
Sharpe ratio Return per unit of total volatility	2.40	2.40	0.00
Sortino ratio Return per unit of downside risk	2.78	2.92	-0.13
Omega ratio Gain probability vs. loss probability	1.36	1.36	0.00
Calmar ratio Return relative to maximum drawdown	3.21	3.48	-0.27
Martin ratio Return relative to average drawdown	13.02	9.44	+3.58
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. URNG.L - Sharpe Ratio Comparison

The current COPP.L Sharpe Ratio is 2.40, which is comparable to the URNG.L Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of COPP.L and URNG.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	URNG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.40	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.51	+0.85

Correlation

The correlation between COPP.L and URNG.L is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

COPP.L vs. URNG.L - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

COPP.L vs. URNG.L - Drawdown Comparison

The maximum COPP.L drawdown since its inception was -36.29%, smaller than the maximum URNG.L drawdown of -38.98%. Use the drawdown chart below to compare losses from any high point for COPP.L and URNG.L.

Drawdown Indicators

	COPP.L	URNG.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.29%	-38.98%	+2.69%
Max Drawdown (1Y) Largest decline over 1 year	-27.75%	-32.59%	+4.84%
Current Drawdown Current decline from peak	-21.50%	-18.52%	-2.98%
Average Drawdown Average peak-to-trough decline	-11.17%	-12.93%	+1.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.85%	12.01%	-5.16%

Volatility

COPP.L vs. URNG.L - Volatility Comparison

Sprott Pure Play Copper Miners UCITS ETF (COPP.L) has a higher volatility of 15.88% compared to Global X Uranium UCITS ETF USD Accumulating (URNG.L) at 13.20%. This indicates that COPP.L's price experiences larger fluctuations and is considered to be riskier than URNG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPP.L	URNG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.88%	13.20%	+2.68%
Volatility (6M) Calculated over the trailing 6-month period	30.98%	38.03%	-7.05%
Volatility (1Y) Calculated over the trailing 1-year period	37.78%	48.39%	-10.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.51%	39.11%	-6.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.51%	39.11%	-6.60%