COPP vs. KCOP

Last updated Aug 2, 2026

COPP (Sprott Copper Miners ETF) and KCOP (Kurv Copper & Mining Enhanced Income ETF) are both Copper funds. COPP is passively managed, while KCOP is actively managed. Their 0.96 correlation means they have historically moved very closely together. COPP charges 0.65%/yr vs 0.99%/yr for KCOP.

Performance

COPP vs. KCOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Copper Miners ETF (COPP) and Kurv Copper & Mining Enhanced Income ETF (KCOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COPP

• 1D: -1.26%
• 1M: 1.53%
• 6M: -3.95%
• YTD: 10.34%
• 1Y: 82.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 33.52%

KCOP

• 1D: -0.82%
• 1M: 4.57%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
COPP Sprott Copper Miners ETF	$2.68M	$3.51M	$5.40M
KCOP Kurv Copper & Mining Enhanced Income ETF	$249.14K	$314.36K	$548.92K

COPP vs. KCOP - Yearly Performance Comparison

	2026 (YTD)
COPP Sprott Copper Miners ETF	-5.21%
KCOP Kurv Copper & Mining Enhanced Income ETF	-2.34%

Correlation

The correlation between COPP and KCOP is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 13, 2026	0.96

Return for Risk

COPP vs. KCOP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

COPP

COPP Risk / Return Rank: 72
COPP Sharpe Ratio Rank: 78
COPP Sortino Ratio Rank: 69
COPP Omega Ratio Rank: 67
COPP Calmar Ratio Rank: 79
COPP Martin Ratio Rank: 66

KCOP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

COPP vs. KCOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and Kurv Copper & Mining Enhanced Income ETF (KCOP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	COPP	KCOP	Difference
Sharpe ratio: Return per unit of total volatility	1.78	—	—
Sortino ratio: Return per unit of downside risk	2.24	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.82	—	—
Martin ratio: Return relative to average drawdown	7.98	—	—

Drawdowns

COPP vs. KCOP - Drawdown Comparison

The maximum COPP drawdown since its inception was -44.37%, which is greater than KCOP's maximum drawdown of -21.55%. Use the drawdown chart below to compare losses from any high point for COPP and KCOP.

Drawdown Indicators

	COPP	KCOP	Difference
Max Drawdown Largest peak-to-trough decline	-44.37%	-21.55%	-22.82%
Max Drawdown (1Y) Largest decline over 1 year	-28.91%	—	—
Current Drawdown Current decline from peak	-15.95%	-10.67%	-5.28%
Average Drawdown Average peak-to-trough decline	-14.06%	-9.65%	-4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.21%	—	—

Volatility

Volatility by Period

	COPP	KCOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.99%	42.43%	+3.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.68%	42.43%	-0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.68%	42.43%	-0.75%

COPP vs. KCOP - Expense Ratio Comparison

COPP has a 0.65% expense ratio, which is lower than KCOP's 0.99% expense ratio.

Dividends

COPP vs. KCOP - Dividend Comparison

COPP's dividend yield for the trailing twelve months is around 2.14%, less than KCOP's 6.55% yield.

Position	TTM	2025	2024
COPP Sprott Copper Miners ETF	2.14%	2.37%	2.59%
KCOP Kurv Copper & Mining Enhanced Income ETF	6.55%	0.00%	0.00%

Frequently Asked Questions

Can I hold both COPP and KCOP in my portfolio?

With a correlation of 0.96, COPP and KCOP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, COPP or KCOP?

On fees, COPP is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COPP or KCOP?

COPP is cheaper with a 0.65% expense ratio, compared with 0.99% for KCOP.

Which ETF pays a higher dividend yield, COPP or KCOP?

KCOP has the higher dividend yield at 6.55%, compared with 2.14% for COPP.

What is the main difference between COPP and KCOP?

They also come from different issuers: Sprott and Kurv. Their fees differ too: 0.65% for COPP and 0.99% for KCOP.