PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
COPP.TO vs. FMTM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

COPP.TO vs. FMTM

Last updated Jun 4, 2026

COPP.TO (Global X Copper Producers Index ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - COPP.TO is a Commodity Producers Equities fund tracking the Solactive North American Listed Copper Producers Index, while FMTM is a Momentum fund. COPP.TO is passively managed, while FMTM is actively managed. Over the past year, COPP.TO returned 106.26% vs 65.73% for FMTM. At a 0.43 correlation, their price movements are largely independent. COPP.TO charges 0.65%/yr vs 0.45%/yr for FMTM.

Performance

COPP.TO vs. FMTM - 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 MarketDesk Focused U.S. Momentum ETF (FMTM). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

COPP.TO is traded in CAD, while FMTM is traded in USD. To make them comparable, the FMTM 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 26.77% return, which is significantly lower than FMTM's 33.42% return.

COPP.TO

1D
-3.42%
1M
25.24%
YTD
26.77%
6M
34.64%
1Y
106.26%
3Y*
37.91%
5Y*
—
10Y*
—

FMTM

1D
0.91%
1M
8.40%
YTD
33.42%
6M
34.22%
1Y
65.73%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

COPP.TO vs. FMTM - Yearly Performance Comparison

2026 (YTD)2025
COPP.TO
Global X Copper Producers Index ETF		26.77%54.68%
FMTM
MarketDesk Focused U.S. Momentum ETF		33.42%22.53%

Correlation

The correlation between COPP.TO and FMTM is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Mar 21, 2025

0.43

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Copper Producers Index ETF

MarketDesk Focused U.S. Momentum ETF

Often compared with COPP.TO:
COPP.TO vs. SETMCOPP.TO vs. COPPCOPP.TO vs. CPCC.TOCOPP.TO vs. GLDX.TOCOPP.TO vs. COPXCOPP.TO vs. HEP.TOCOPP.TO vs. HLIT.TO
Often compared with FMTM:
FMTM vs. SPMOFMTM vs. SGRTFMTM vs. VOOFMTM vs. XMMOFMTM vs. QQQMFMTM vs. VFMOFMTM vs. SCHG

Return for Risk

COPP.TO vs. FMTM — 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: 7171
Overall Rank
COPP.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
COPP.TO Sortino Ratio Rank: 6565
Sortino Ratio Rank
COPP.TO Omega Ratio Rank: 6565
Omega Ratio Rank
COPP.TO Calmar Ratio Rank: 7676
Calmar Ratio Rank
COPP.TO Martin Ratio Rank: 7070
Martin Ratio Rank
FMTM
FMTM Risk / Return Rank: 8282
Overall Rank
FMTM Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FMTM Sortino Ratio Rank: 7474
Sortino Ratio Rank
FMTM Omega Ratio Rank: 7676
Omega Ratio Rank
FMTM Calmar Ratio Rank: 8888
Calmar Ratio Rank
FMTM Martin Ratio Rank: 8989
Martin Ratio Rank
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. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Copper Producers Index ETF (COPP.TO) and MarketDesk Focused U.S. Momentum ETF (FMTM). 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.TOFMTMDifference
Sharpe ratioReturn per unit of total volatility
2.64
2.95

-0.30

Sortino ratioReturn per unit of downside risk
2.99
3.62

-0.63

Omega ratioGain probability vs. loss probability

1.39

1.49

-0.10

Calmar ratioReturn relative to maximum drawdown

3.80

6.28

-2.48

Martin ratioReturn relative to average drawdown

12.93

22.53

-9.59

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. FMTM - Sharpe Ratio Comparison

The current COPP.TO Sharpe Ratio is 2.64, which is comparable to the FMTM Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of COPP.TO and FMTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

COPP.TOFMTMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.64

2.95

-0.30

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

2.28

-1.58

Drawdowns

COPP.TO vs. FMTM - Drawdown Comparison

The maximum COPP.TO drawdown since its inception was -40.80%, which is greater than FMTM's maximum drawdown of -10.52%. Use the drawdown chart below to compare losses from any high point for COPP.TO and FMTM.

Loading charts...

Drawdown Indicators

COPP.TOFMTMDifference

Max Drawdown

Largest peak-to-trough decline

-40.80%

-10.52%

-30.28%

Max Drawdown (1Y)

Largest decline over 1 year

-28.09%

-10.52%

-17.57%

Max Drawdown (3Y)

Largest decline over 3 years

-40.80%

—

—

Current Drawdown

Current decline from peak

-3.42%

0.00%

-3.42%

Average Drawdown

Average peak-to-trough decline

-14.06%

-2.35%

-11.71%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.25%

2.93%

+5.32%

Volatility

COPP.TO vs. FMTM - Volatility Comparison

Global X Copper Producers Index ETF (COPP.TO) has a higher volatility of 14.84% compared to MarketDesk Focused U.S. Momentum ETF (FMTM) at 6.56%. This indicates that COPP.TO's price experiences larger fluctuations and is considered to be riskier than FMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

COPP.TOFMTMDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.84%

6.56%

+8.28%

Volatility (6M)

Calculated over the trailing 6-month period

33.82%

17.52%

+16.30%

Volatility (1Y)

Calculated over the trailing 1-year period

40.46%

22.43%

+18.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.39%

22.28%

+16.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

38.39%

22.28%

+16.11%

COPP.TO vs. FMTM - Expense Ratio Comparison

COPP.TO has a 0.65% expense ratio, which is higher than FMTM's 0.45% expense ratio.

Dividends

COPP.TO vs. FMTM - Dividend Comparison

COPP.TO's dividend yield for the trailing twelve months is around 0.14%, less than FMTM's 0.22% yield.

PositionTTM2025202420232022
COPP.TO
Global X Copper Producers Index ETF		0.14%0.18%0.19%0.73%1.20%
FMTM
MarketDesk Focused U.S. Momentum ETF		0.22%0.30%0.00%0.00%0.00%

Frequently Asked Questions

COPP.TO and FMTM have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, FMTM is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FMTM is cheaper with a 0.45% expense ratio, compared with 0.65% for COPP.TO.

COPP.TO is categorized as Commodity Producers Equities, while FMTM is Momentum. Their fees differ too: 0.65% for COPP.TO and 0.45% for FMTM.

Portfolio Optimizer

Find the right allocation for COPP.TO and FMTM

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer