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.
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.
Performance
COPP vs. SCCO - Performance Comparison
Key characteristics
COPP:
33.92%
SCCO:
37.29%
COPP:
-27.37%
SCCO:
-78.57%
COPP:
-26.05%
SCCO:
-26.30%
Returns By Period
COPP
N/A
-9.50%
-14.11%
N/A
N/A
N/A
SCCO
11.80%
-9.70%
-12.70%
11.91%
22.69%
17.00%
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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's dividend yield for the trailing twelve months is around 2.56%, more than SCCO's 2.24% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sprott Copper Miners ETF | 2.56% | 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 | 2.24% | 4.68% | 5.83% | 5.19% | 2.31% | 4.83% | 4.57% | 1.25% | 0.57% | 1.31% | 1.64% | 2.37% |
Drawdowns
COPP vs. SCCO - Drawdown Comparison
The maximum COPP drawdown since its inception was -27.37%, 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 7.32%, while Southern Copper Corporation (SCCO) has a volatility of 9.89%. 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.