COPP vs. COPX
Compare and contrast key facts about Sprott Copper Miners ETF (COPP) and Global X Copper Miners ETF (COPX).
COPP and COPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. COPX is a passively managed fund by Global X that tracks the performance of the Solactive Global Copper Miners Index. It was launched on Apr 19, 2010. Both COPP and COPX 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 vs. COPX - Performance Comparison
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COPP vs. COPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
COPP Sprott Copper Miners ETF | 2.61% | 74.02% | 4.18% |
COPX Global X Copper Miners ETF | 6.35% | 93.50% | 4.07% |
Returns By Period
In the year-to-date period, COPP achieves a 2.61% return, which is significantly lower than COPX's 6.35% return.
COPP
- 1D
- 9.20%
- 1M
- -18.73%
- YTD
- 2.61%
- 6M
- 29.46%
- 1Y
- 86.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COPX
- 1D
- 7.92%
- 1M
- -20.22%
- YTD
- 6.35%
- 6M
- 30.65%
- 1Y
- 101.10%
- 3Y*
- 28.34%
- 5Y*
- 18.72%
- 10Y*
- 20.82%
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COPP vs. COPX - Expense Ratio Comparison
Both COPP and COPX have an expense ratio of 0.65%.
Return for Risk
COPP vs. COPX — Risk / Return Rank
COPP
COPX
COPP vs. COPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and Global X Copper Miners ETF (COPX). 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 | COPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 2.41 | -0.49 |
Sortino ratioReturn per unit of downside risk | 2.39 | 2.75 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.38 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.82 | 3.46 | -0.65 |
Martin ratioReturn relative to average drawdown | 10.92 | 13.40 | -2.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COPP | COPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 2.41 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.52 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 0.16 | +0.72 |
Correlation
The correlation between COPP and COPX is 0.95, 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 vs. COPX - Dividend Comparison
COPP's dividend yield for the trailing twelve months is around 2.31%, less than COPX's 2.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COPP Sprott Copper Miners ETF | 2.31% | 2.37% | 2.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COPX Global X Copper Miners ETF | 2.52% | 2.68% | 1.80% | 2.39% | 3.14% | 1.48% | 1.30% | 1.37% | 2.59% | 1.57% | 0.60% | 1.20% |
Drawdowns
COPP vs. COPX - Drawdown Comparison
The maximum COPP drawdown since its inception was -44.37%, smaller than the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for COPP and COPX.
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Drawdown Indicators
| COPP | COPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.37% | -83.16% | +38.79% |
Max Drawdown (1Y)Largest decline over 1 year | -28.91% | -27.82% | -1.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.41% | — |
Current DrawdownCurrent decline from peak | -19.51% | -20.22% | +0.71% |
Average DrawdownAverage peak-to-trough decline | -14.33% | -39.60% | +25.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.45% | 7.20% | +0.25% |
Volatility
COPP vs. COPX - Volatility Comparison
Sprott Copper Miners ETF (COPP) and Global X Copper Miners ETF (COPX) have volatilities of 19.84% and 18.96%, 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.
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Volatility by Period
| COPP | COPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.84% | 18.96% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 34.18% | 33.75% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.97% | 42.22% | +2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.03% | 36.05% | +3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.03% | 35.51% | +4.52% |