COPP.TO vs. COPP

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Copper Producers Index ETF (COPP.TO) and Sprott Copper Miners ETF (COPP).

COPP.TO and COPP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COPP.TO is a passively managed fund by Global X that tracks the performance of the Solactive North American Listed Copper Producers Index. It was launched on May 16, 2022. COPP is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Copper Miners Index - Benchmark TR Net. It was launched on Mar 4, 2024. Both COPP.TO and COPP 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.TO vs. COPP - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Copper Producers Index ETF (COPP.TO) and Sprott Copper Miners ETF (COPP). The values are adjusted to include any dividend payments, if applicable.

COPP.TO vs. COPP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
COPP.TO Global X Copper Producers Index ETF	2.05%	66.80%	10.41%
COPP Sprott Copper Miners ETF	4.00%	66.03%	10.86%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, COPP.TO achieves a 2.05% return, which is significantly lower than COPP's 4.00% return.

COPP.TO

• 1D: 8.08%
• 1M: -18.57%
• YTD: 2.05%
• 6M: 21.76%
• 1Y: 74.15%
• 3Y*: 24.82%
• 5Y*: —
• 10Y*: —

COPP

• 1D: 9.08%
• 1M: -17.12%
• YTD: 4.00%
• 6M: 29.34%
• 1Y: 79.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COPP.TO vs. COPP - Expense Ratio Comparison

Both COPP.TO and COPP have an expense ratio of 0.65%.

COPP.TO

Global X Copper Producers Index ETF

COPP

Sprott Copper Miners ETF

Return for Risk

COPP.TO vs. COPP — Risk / Return Rank

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

COPP.TO

COPP.TO Risk / Return Rank: 82
COPP.TO Sharpe Ratio Rank: 85
COPP.TO Sortino Ratio Rank: 83
COPP.TO Omega Ratio Rank: 78
COPP.TO Calmar Ratio Rank: 83
COPP.TO Martin Ratio Rank: 82

COPP

COPP Risk / Return Rank: 88
COPP Sharpe Ratio Rank: 90
COPP Sortino Ratio Rank: 88
COPP Omega Ratio Rank: 85
COPP Calmar Ratio Rank: 89
COPP Martin Ratio Rank: 90

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.TO vs. COPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Copper Producers Index ETF (COPP.TO) and Sprott Copper Miners ETF (COPP). 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.TO	COPP	Difference
Sharpe ratio Return per unit of total volatility	1.75	1.86	-0.10
Sortino ratio Return per unit of downside risk	2.22	2.31	-0.09
Omega ratio Gain probability vs. loss probability	1.30	1.31	-0.01
Calmar ratio Return relative to maximum drawdown	2.48	2.66	-0.18
Martin ratio Return relative to average drawdown	9.39	10.27	-0.88
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.TO vs. COPP - Sharpe Ratio Comparison

The current COPP.TO Sharpe Ratio is 1.75, which is comparable to the COPP Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of COPP.TO and COPP, 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.TO	COPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	1.86	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.98	-0.42

Correlation

The correlation between COPP.TO and COPP is 0.86, 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.TO vs. COPP - Dividend Comparison

COPP.TO's dividend yield for the trailing twelve months is around 0.17%, less than COPP's 2.31% yield.

	TTM	2025	2024	2023	2022
COPP.TO Global X Copper Producers Index ETF	0.17%	0.18%	0.19%	0.73%	1.20%
COPP Sprott Copper Miners ETF	2.31%	2.37%	2.59%	0.00%	0.00%

Drawdowns

COPP.TO vs. COPP - Drawdown Comparison

The maximum COPP.TO drawdown since its inception was -40.80%, roughly equal to the maximum COPP drawdown of -41.76%. Use the drawdown chart below to compare losses from any high point for COPP.TO and COPP.

Drawdown Indicators

	COPP.TO	COPP	Difference
Max Drawdown Largest peak-to-trough decline	-40.80%	-44.37%	+3.57%
Max Drawdown (1Y) Largest decline over 1 year	-28.09%	-28.91%	+0.82%
Current Drawdown Current decline from peak	-18.69%	-19.51%	+0.82%
Average Drawdown Average peak-to-trough decline	-14.24%	-14.33%	+0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.42%	7.45%	-0.03%

Volatility

COPP.TO vs. COPP - Volatility Comparison

The current volatility for Global X Copper Producers Index ETF (COPP.TO) is 17.91%, while Sprott Copper Miners ETF (COPP) has a volatility of 19.59%. This indicates that COPP.TO experiences smaller price fluctuations and is considered to be less risky than COPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPP.TO	COPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.91%	19.59%	-1.68%
Volatility (6M) Calculated over the trailing 6-month period	31.73%	33.21%	-1.48%
Volatility (1Y) Calculated over the trailing 1-year period	42.64%	43.31%	-0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.95%	38.12%	-0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.95%	38.12%	-0.17%