COPP vs. CPER
Compare and contrast key facts about Sprott Copper Miners ETF (COPP) and United States Copper Index Fund (CPER).
COPP and CPER 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. CPER is a passively managed fund by Concierge Technologies that tracks the performance of the SummerHaven Copper Index Total Return. It was launched on Nov 15, 2011. Both COPP and CPER are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COPP or CPER.
Correlation
The correlation between COPP and CPER is 0.77, 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.
Performance
COPP vs. CPER - Performance Comparison
Key characteristics
COPP:
-0.59
CPER:
0.34
COPP:
-0.67
CPER:
0.65
COPP:
0.92
CPER:
1.08
COPP:
-0.54
CPER:
0.44
COPP:
-1.19
CPER:
0.74
COPP:
20.20%
CPER:
12.89%
COPP:
40.55%
CPER:
27.69%
COPP:
-44.37%
CPER:
-54.04%
COPP:
-35.21%
CPER:
-10.02%
Returns By Period
In the year-to-date period, COPP achieves a -11.36% return, which is significantly lower than CPER's 17.13% return.
COPP
-11.36%
-15.28%
-24.90%
-24.60%
N/A
N/A
CPER
17.13%
-5.91%
8.35%
8.39%
14.88%
4.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
COPP vs. CPER - Expense Ratio Comparison
COPP has a 0.65% expense ratio, which is lower than CPER's 0.80% expense ratio.
Risk-Adjusted Performance
COPP vs. CPER — Risk-Adjusted Performance Rank
COPP
CPER
COPP vs. CPER - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and United States Copper Index Fund (CPER). 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.
Dividends
COPP vs. CPER - Dividend Comparison
COPP's dividend yield for the trailing twelve months is around 2.92%, while CPER has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
COPP Sprott Copper Miners ETF | 2.92% | 2.59% |
CPER United States Copper Index Fund | 0.00% | 0.00% |
Drawdowns
COPP vs. CPER - Drawdown Comparison
The maximum COPP drawdown since its inception was -44.37%, smaller than the maximum CPER drawdown of -54.04%. Use the drawdown chart below to compare losses from any high point for COPP and CPER. For additional features, visit the drawdowns tool.
Volatility
COPP vs. CPER - Volatility Comparison
Sprott Copper Miners ETF (COPP) has a higher volatility of 23.28% compared to United States Copper Index Fund (CPER) at 15.16%. This indicates that COPP's price experiences larger fluctuations and is considered to be riskier than CPER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.