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COPX vs. BHP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between COPX and BHP is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

COPX vs. BHP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Copper Miners ETF (COPX) and BHP Group (BHP). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
21.62%
59.52%
COPX
BHP

Key characteristics

Sharpe Ratio

COPX:

-0.26

BHP:

-0.47

Sortino Ratio

COPX:

-0.11

BHP:

-0.50

Omega Ratio

COPX:

0.99

BHP:

0.94

Calmar Ratio

COPX:

-0.26

BHP:

-0.37

Martin Ratio

COPX:

-0.52

BHP:

-0.92

Ulcer Index

COPX:

19.53%

BHP:

15.02%

Daily Std Dev

COPX:

39.19%

BHP:

29.30%

Max Drawdown

COPX:

-83.16%

BHP:

-75.95%

Current Drawdown

COPX:

-24.38%

BHP:

-24.74%

Returns By Period

In the year-to-date period, COPX achieves a 2.65% return, which is significantly higher than BHP's 0.72% return. Over the past 10 years, COPX has underperformed BHP with an annualized return of 7.06%, while BHP has yielded a comparatively higher 7.49% annualized return.


COPX

YTD

2.65%

1M

-6.87%

6M

-11.72%

1Y

-13.30%

5Y*

25.76%

10Y*

7.06%

BHP

YTD

0.72%

1M

-3.23%

6M

-12.86%

1Y

-11.60%

5Y*

14.47%

10Y*

7.49%

*Annualized

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Risk-Adjusted Performance

COPX vs. BHP — Risk-Adjusted Performance Rank

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

COPX
The Risk-Adjusted Performance Rank of COPX is 1010
Overall Rank
The Sharpe Ratio Rank of COPX is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of COPX is 1111
Sortino Ratio Rank
The Omega Ratio Rank of COPX is 1111
Omega Ratio Rank
The Calmar Ratio Rank of COPX is 77
Calmar Ratio Rank
The Martin Ratio Rank of COPX is 1111
Martin Ratio Rank

BHP
The Risk-Adjusted Performance Rank of BHP is 2626
Overall Rank
The Sharpe Ratio Rank of BHP is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of BHP is 2323
Sortino Ratio Rank
The Omega Ratio Rank of BHP is 2424
Omega Ratio Rank
The Calmar Ratio Rank of BHP is 2828
Calmar Ratio Rank
The Martin Ratio Rank of BHP is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

COPX vs. BHP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Copper Miners ETF (COPX) and BHP Group (BHP). 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.


The chart of Sharpe ratio for COPX, currently valued at -0.26, compared to the broader market-1.000.001.002.003.004.00
COPX: -0.26
BHP: -0.47
The chart of Sortino ratio for COPX, currently valued at -0.11, compared to the broader market-2.000.002.004.006.008.00
COPX: -0.11
BHP: -0.50
The chart of Omega ratio for COPX, currently valued at 0.99, compared to the broader market0.501.001.502.002.50
COPX: 0.99
BHP: 0.94
The chart of Calmar ratio for COPX, currently valued at -0.26, compared to the broader market0.002.004.006.008.0010.0012.00
COPX: -0.26
BHP: -0.37
The chart of Martin ratio for COPX, currently valued at -0.52, compared to the broader market0.0020.0040.0060.00
COPX: -0.52
BHP: -0.92

The current COPX Sharpe Ratio is -0.26, which is higher than the BHP Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of COPX and BHP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.26
-0.47
COPX
BHP

Dividends

COPX vs. BHP - Dividend Comparison

COPX's dividend yield for the trailing twelve months is around 1.76%, less than BHP's 5.14% yield.


TTM20242023202220212020201920182017201620152014
COPX
Global X Copper Miners ETF
1.76%1.80%2.39%3.14%1.48%1.30%1.37%2.58%1.56%0.59%1.20%2.31%
BHP
BHP Group
5.14%5.98%4.98%9.95%9.98%3.67%8.59%4.89%3.61%1.68%9.32%5.11%

Drawdowns

COPX vs. BHP - Drawdown Comparison

The maximum COPX drawdown since its inception was -83.16%, which is greater than BHP's maximum drawdown of -75.95%. Use the drawdown chart below to compare losses from any high point for COPX and BHP. For additional features, visit the drawdowns tool.


-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%NovemberDecember2025FebruaryMarchApril
-24.38%
-24.74%
COPX
BHP

Volatility

COPX vs. BHP - Volatility Comparison

Global X Copper Miners ETF (COPX) has a higher volatility of 20.80% compared to BHP Group (BHP) at 17.16%. This indicates that COPX's price experiences larger fluctuations and is considered to be riskier than BHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
20.80%
17.16%
COPX
BHP