COPP vs. SCCO
Compare and contrast key facts about Sprott Copper Miners ETF (COPP) and Southern Copper Corporation (SCCO).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COPP or SCCO.
Performance
COPP vs. SCCO - Performance Comparison
Returns By Period
COPP
N/A
-8.36%
-19.40%
N/A
N/A
N/A
SCCO
22.40%
-8.69%
-19.31%
40.94%
28.40%
16.65%
Key characteristics
COPP | SCCO | |
---|---|---|
Daily Std Dev | 34.87% | 38.30% |
Max Drawdown | -25.15% | -78.57% |
Current Drawdown | -19.40% | -19.31% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between COPP and SCCO is 0.90, 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.
Risk-Adjusted Performance
COPP vs. SCCO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and Southern Copper Corporation (SCCO). 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. SCCO - Dividend Comparison
COPP has not paid dividends to shareholders, while SCCO's dividend yield for the trailing twelve months is around 2.04%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sprott Copper Miners ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Southern Copper Corporation | 2.04% | 4.67% | 5.84% | 5.21% | 2.31% | 4.84% | 4.57% | 1.25% | 0.56% | 1.31% | 1.64% | 2.37% |
Drawdowns
COPP vs. SCCO - Drawdown Comparison
The maximum COPP drawdown since its inception was -25.15%, smaller than the maximum SCCO drawdown of -78.57%. Use the drawdown chart below to compare losses from any high point for COPP and SCCO. For additional features, visit the drawdowns tool.
Volatility
COPP vs. SCCO - Volatility Comparison
The current volatility for Sprott Copper Miners ETF (COPP) is 9.20%, while Southern Copper Corporation (SCCO) has a volatility of 9.87%. This indicates that COPP experiences smaller price fluctuations and is considered to be less risky than SCCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.