COPP vs. MLPI

Last updated Apr 1, 2026

Compare and contrast key facts about Sprott Copper Miners ETF (COPP) and Neos MLP & Energy Infrastructure High Income ETF (MLPI).

COPP and MLPI 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. MLPI is an actively managed fund by Neos. It was launched on Dec 17, 2025.

Performance

COPP vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Copper Miners ETF (COPP) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). The values are adjusted to include any dividend payments, if applicable.

COPP vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
COPP Sprott Copper Miners ETF	2.61%	6.13%
MLPI Neos MLP & Energy Infrastructure High Income ETF	17.27%	0.56%

Returns By Period

In the year-to-date period, COPP achieves a 2.61% return, which is significantly lower than MLPI's 17.27% return.

COPP

• 1D: 9.20%
• 1M: -18.73%
• YTD: 2.61%
• 6M: 29.46%
• 1Y: 86.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MLPI

• 1D: -0.40%
• 1M: 3.16%
• YTD: 17.27%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COPP vs. MLPI - Expense Ratio Comparison

COPP has a 0.65% expense ratio, which is lower than MLPI's 0.68% expense ratio.

MLPI

Neos MLP & Energy Infrastructure High Income ETF

COPP

Sprott Copper Miners ETF

Return for Risk

COPP vs. MLPI — Risk / Return Rank

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

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 vs. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). 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	MLPI	Difference
Sharpe ratio Return per unit of total volatility	1.93	—	—
Sortino ratio Return per unit of downside risk	2.39	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	2.82	—	—
Martin ratio Return relative to average drawdown	10.92	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	COPP	MLPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	7.48	-6.60

Correlation

The correlation between COPP and MLPI is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

COPP vs. MLPI - Dividend Comparison

COPP's dividend yield for the trailing twelve months is around 2.31%, less than MLPI's 3.49% yield.

	TTM	2025	2024
COPP Sprott Copper Miners ETF	2.31%	2.37%	2.59%
MLPI Neos MLP & Energy Infrastructure High Income ETF	3.49%	0.00%	0.00%

Drawdowns

COPP vs. MLPI - Drawdown Comparison

The maximum COPP drawdown since its inception was -44.37%, which is greater than MLPI's maximum drawdown of -2.78%. Use the drawdown chart below to compare losses from any high point for COPP and MLPI.

Drawdown Indicators

	COPP	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	-44.37%	-2.78%	-41.59%
Max Drawdown (1Y) Largest decline over 1 year	-28.91%	—	—
Current Drawdown Current decline from peak	-19.51%	-1.19%	-18.32%
Average Drawdown Average peak-to-trough decline	-14.33%	-0.60%	-13.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.45%	—	—

Volatility

Volatility by Period

	COPP	MLPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.97%	11.12%	+33.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.03%	11.12%	+28.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.03%	11.12%	+28.91%