COPP vs. XLEI

Last updated Jun 4, 2026

COPP (Sprott Copper Miners ETF) and XLEI (State Street Energy Select Sector SPDR Premium Income ETF) are both exchange-traded funds - COPP is a Commodity Producers Equities fund tracking the Nasdaq Sprott Copper Miners Index, while XLEI is a Energy Equities fund tracking the S&P Energy Select Sector. Both are passively managed. At a 0.03 correlation, their price movements are largely independent. COPP charges 0.65%/yr vs 0.35%/yr for XLEI.

Performance

COPP vs. XLEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Copper Miners ETF (COPP) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COPP achieves a 26.69% return, which is significantly higher than XLEI's 20.42% return.

COPP

• 1D: -3.50%
• 1M: 22.98%
• YTD: 26.69%
• 6M: 39.51%
• 1Y: 111.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLEI

• 1D: 1.05%
• 1M: 1.40%
• YTD: 20.42%
• 6M: 20.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COPP vs. XLEI - Yearly Performance Comparison

	2026 (YTD)	2025
COPP Sprott Copper Miners ETF	26.69%	65.97%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	20.42%	6.77%

Correlation

The correlation between COPP and XLEI is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.03

COPP vs. XLEI - Sectors Allocation Comparison

Sectors	COPP	XLEI
Basic Materials	92.0%	-
Financial Services	0.9%	100.3%
Consumer Cyclical	0.1%	-
Industrials	0.1%	-
Energy	0.1%	-
Technology	0.1%	-
Consumer Defensive	0.1%	-
Healthcare	0.1%	-
Communication Services	0.1%	-
Utilities	0.1%	-
Real Estate	0.0%	-

Return for Risk

COPP vs. XLEI — Risk / Return Rank

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

COPP

COPP Risk / Return Rank: 70
COPP Sharpe Ratio Rank: 79
COPP Sortino Ratio Rank: 62
COPP Omega Ratio Rank: 61
COPP Calmar Ratio Rank: 76
COPP Martin Ratio Rank: 70

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. XLEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Copper Miners ETF (COPP) and State Street Energy Select Sector SPDR Premium Income ETF (XLEI). 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	XLEI	Difference
Sharpe ratio: Return per unit of total volatility	2.62	—	—
Sortino ratio: Return per unit of downside risk	2.98	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.88	—	—
Martin ratio: Return relative to average drawdown	13.39	—	—
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	XLEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	2.65	-1.54

Drawdowns

COPP vs. XLEI - Drawdown Comparison

The maximum COPP drawdown since its inception was -44.37%, which is greater than XLEI's maximum drawdown of -7.98%. Use the drawdown chart below to compare losses from any high point for COPP and XLEI.

Drawdown Indicators

	COPP	XLEI	Difference
Max Drawdown Largest peak-to-trough decline	-44.37%	-7.98%	-36.39%
Max Drawdown (1Y) Largest decline over 1 year	-28.91%	—	—
Current Drawdown Current decline from peak	-3.50%	-0.97%	-2.53%
Average Drawdown Average peak-to-trough decline	-14.02%	-1.52%	-12.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.35%	—	—

Volatility

Volatility by Period

	COPP	XLEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	42.84%	13.16%	+29.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.80%	13.16%	+27.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.80%	13.16%	+27.64%

COPP vs. XLEI - Expense Ratio Comparison

COPP has a 0.65% expense ratio, which is higher than XLEI's 0.35% expense ratio.

Dividends

COPP vs. XLEI - Dividend Comparison

COPP's dividend yield for the trailing twelve months is around 1.87%, less than XLEI's 16.59% yield.

Position	TTM	2025	2024
COPP Sprott Copper Miners ETF	1.87%	2.37%	2.59%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	16.59%	10.17%	0.00%

Frequently Asked Questions

Can I hold both COPP and XLEI in my portfolio?

COPP and XLEI have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COPP or XLEI?

On fees, XLEI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COPP or XLEI?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.65% for COPP.

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

XLEI has the higher dividend yield at 16.59%, compared with 1.87% for COPP.

What is the main difference between COPP and XLEI?

COPP is categorized as Commodity Producers Equities, while XLEI is Energy Equities. COPP tracks Nasdaq Sprott Copper Miners Index, while XLEI tracks S&P Energy Select Sector. They also come from different issuers: Sprott and State Street. Their fees differ too: 0.65% for COPP and 0.35% for XLEI.