COPX vs. HOMZ

Last updated Jun 5, 2026

COPX (Global X Copper Miners ETF) and HOMZ (Hoya Capital Housing ETF) are both Materials funds - COPX tracks the Solactive Global Copper Miners Total Return Index while HOMZ tracks the Hoya Capital Housing 100 Index. Both are passively managed. Over the past 5 years, COPX returned 19.86%/yr vs 3.75%/yr for HOMZ. At a 0.45 correlation, their price movements are largely independent. COPX charges 0.65%/yr vs 0.30%/yr for HOMZ.

Performance

COPX vs. HOMZ - Performance Comparison

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

Returns By Period

In the year-to-date period, COPX achieves a 25.67% return, which is significantly higher than HOMZ's -2.12% return.

COPX

• 1D: -0.03%
• 1M: 15.36%
• YTD: 25.67%
• 6M: 37.40%
• 1Y: 118.00%
• 3Y*: 37.98%
• 5Y*: 19.86%
• 10Y*: 21.46%

HOMZ

• 1D: 1.15%
• 1M: 0.08%
• YTD: -2.12%
• 6M: -3.86%
• 1Y: 5.24%
• 3Y*: 9.79%
• 5Y*: 3.75%
• 10Y*: —

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

COPX vs. HOMZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
COPX Global X Copper Miners ETF	25.67%	93.50%	3.57%	8.38%	-0.76%	23.39%	51.66%	-5.66%
HOMZ Hoya Capital Housing ETF	-2.12%	2.72%	9.49%	36.49%	-28.14%	41.02%	15.80%	17.71%

Correlation

The correlation between COPX and HOMZ is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Mar 21, 2019	0.45

The correlation between COPX and HOMZ shifts across timeframes, from 0.33 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.

COPX vs. HOMZ - Sectors Allocation Comparison

Sectors	COPX	HOMZ
Basic Materials	96.3%	3.2%
Industrials	3.7%	9.3%
Communication Services	-	0.4%
Consumer Cyclical	-	33.2%
Consumer Defensive	-	0.7%
Energy	-	-
Financial Services	-	10.3%
Healthcare	-	-
Real Estate	-	41.2%
Technology	-	1.7%
Utilities	-	-

Return for Risk

COPX vs. HOMZ — Risk / Return Rank

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

COPX

COPX Risk / Return Rank: 77
COPX Sharpe Ratio Rank: 87
COPX Sortino Ratio Rank: 70
COPX Omega Ratio Rank: 70
COPX Calmar Ratio Rank: 82
COPX Martin Ratio Rank: 74

HOMZ

HOMZ Risk / Return Rank: 13
HOMZ Sharpe Ratio Rank: 13
HOMZ Sortino Ratio Rank: 14
HOMZ Omega Ratio Rank: 13
HOMZ Calmar Ratio Rank: 13
HOMZ Martin Ratio Rank: 12

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.

COPX vs. HOMZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Copper Miners ETF (COPX) and Hoya Capital Housing ETF (HOMZ). 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.

	COPX	HOMZ	Difference
Sharpe ratio: Return per unit of total volatility	2.87	0.27	+2.60
Sortino ratio: Return per unit of downside risk	3.12	0.57	+2.55
Omega ratio: Gain probability vs. loss probability	1.41	1.06	+0.35
Calmar ratio: Return relative to maximum drawdown	4.27	0.32	+3.95
Martin ratio: Return relative to average drawdown	13.66	0.71	+12.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COPX vs. HOMZ - Sharpe Ratio Comparison

The current COPX Sharpe Ratio is 2.87, which is higher than the HOMZ Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of COPX and HOMZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COPX	HOMZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.87	0.27	+2.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.18	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.43	-0.24

Drawdowns

COPX vs. HOMZ - Drawdown Comparison

The maximum COPX drawdown since its inception was -83.16%, which is greater than HOMZ's maximum drawdown of -48.10%. Use the drawdown chart below to compare losses from any high point for COPX and HOMZ.

Drawdown Indicators

	COPX	HOMZ	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-48.10%	-35.06%
Max Drawdown (1Y) Largest decline over 1 year	-27.82%	-16.71%	-11.11%
Max Drawdown (3Y) Largest decline over 3 years	-39.72%	-22.91%	-16.81%
Max Drawdown (5Y) Largest decline over 5 years	-42.12%	-33.76%	-8.36%
Max Drawdown (10Y) Largest decline over 10 years	-65.41%	—	—
Current Drawdown Current decline from peak	-5.73%	-11.57%	+5.84%
Average Drawdown Average peak-to-trough decline	-39.29%	-9.74%	-29.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.67%	7.38%	+1.29%

Volatility

COPX vs. HOMZ - Volatility Comparison

Global X Copper Miners ETF (COPX) has a higher volatility of 15.34% compared to Hoya Capital Housing ETF (HOMZ) at 5.40%. This indicates that COPX's price experiences larger fluctuations and is considered to be riskier than HOMZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPX	HOMZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.34%	5.40%	+9.94%
Volatility (6M) Calculated over the trailing 6-month period	35.68%	13.61%	+22.07%
Volatility (1Y) Calculated over the trailing 1-year period	41.41%	19.56%	+21.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.50%	21.48%	+15.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.54%	24.99%	+10.55%

COPX vs. HOMZ - Expense Ratio Comparison

COPX has a 0.65% expense ratio, which is higher than HOMZ's 0.30% expense ratio.

Dividends

COPX vs. HOMZ - Dividend Comparison

COPX's dividend yield for the trailing twelve months is around 2.13%, less than HOMZ's 2.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COPX Global X Copper Miners ETF	2.13%	2.68%	1.80%	2.39%	3.14%	1.48%	1.30%	1.37%	2.59%	1.57%	0.60%	1.20%
HOMZ Hoya Capital Housing ETF	2.71%	2.54%	2.13%	2.08%	2.03%	1.21%	3.18%	1.24%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both COPX and HOMZ in my portfolio?

COPX and HOMZ have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COPX or HOMZ?

COPX has higher volatility (15.34%) compared to HOMZ (5.40%). In terms of maximum drawdown, COPX dropped -83.16% vs HOMZ's -48.10%.

Which ETF is better, COPX or HOMZ?

On 5-year performance, COPX leads with 19.86% vs 3.75% for HOMZ. On fees, HOMZ is cheaper at 0.30% per year. On volatility, HOMZ has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COPX or HOMZ?

Over the 5-year period, COPX has performed better with a 19.86% return vs 3.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COPX or HOMZ?

HOMZ is cheaper with a 0.30% expense ratio, compared with 0.65% for COPX.

Which ETF pays a higher dividend yield, COPX or HOMZ?

HOMZ has the higher dividend yield at 2.71%, compared with 2.13% for COPX.

What is the main difference between COPX and HOMZ?

COPX tracks Solactive Global Copper Miners Total Return Index, while HOMZ tracks Hoya Capital Housing 100 Index. They also come from different issuers: Global X and Pettee Investors. Their fees differ too: 0.65% for COPX and 0.30% for HOMZ.

Which has better risk-adjusted returns?

COPX currently has the higher Sharpe Ratio (2.87 vs 0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.