COPX vs. KCOP

Last updated Aug 2, 2026

COPX (Global X Copper Miners ETF) and KCOP (Kurv Copper & Mining Enhanced Income ETF) are both Copper funds. COPX is passively managed, while KCOP is actively managed. Their 0.98 correlation means they have historically moved very closely together. COPX charges 0.65%/yr vs 0.99%/yr for KCOP.

Performance

COPX vs. KCOP - Performance Comparison

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

Returns By Period

COPX

• 1D: -0.81%
• 1M: 2.88%
• 6M: -6.70%
• YTD: 10.22%
• 1Y: 89.44%
• 3Y*: 27.01%
• 5Y*: 18.54%
• 10Y*: 18.83%
• ALL TIME*: 5.76%

KCOP

• 1D: -0.82%
• 1M: 4.57%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
COPX Global X Copper Miners ETF	$193.89M	$197.23M	$300.83M
KCOP Kurv Copper & Mining Enhanced Income ETF	$249.14K	$314.36K	$548.92K

COPX vs. KCOP - Yearly Performance Comparison

	2026 (YTD)
COPX Global X Copper Miners ETF	-9.20%
KCOP Kurv Copper & Mining Enhanced Income ETF	-2.34%

Correlation

The correlation between COPX and KCOP is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 13, 2026	0.98

Return for Risk

COPX vs. KCOP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

COPX

COPX Risk / Return Rank: 76
COPX Sharpe Ratio Rank: 84
COPX Sortino Ratio Rank: 73
COPX Omega Ratio Rank: 73
COPX Calmar Ratio Rank: 84
COPX Martin Ratio Rank: 66

KCOP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

COPX vs. KCOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Copper Miners ETF (COPX) and Kurv Copper & Mining Enhanced Income ETF (KCOP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	COPX	KCOP	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.33	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	3.18	—	—
Martin ratio: Return relative to average drawdown	7.96	—	—

Drawdowns

COPX vs. KCOP - Drawdown Comparison

The maximum COPX drawdown since its inception was -83.16%, which is greater than KCOP's maximum drawdown of -21.55%. Use the drawdown chart below to compare losses from any high point for COPX and KCOP.

Drawdown Indicators

	COPX	KCOP	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-21.55%	-61.61%
Max Drawdown (1Y) Largest decline over 1 year	-27.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-39.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.41%	—	—
Current Drawdown Current decline from peak	-17.32%	-10.67%	-6.65%
Average Drawdown Average peak-to-trough decline	-39.11%	-9.65%	-29.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.11%	—	—

Volatility

Volatility by Period

	COPX	KCOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.77%	42.43%	+3.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.28%	42.43%	-5.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.87%	42.43%	-6.56%

COPX vs. KCOP - Expense Ratio Comparison

COPX has a 0.65% expense ratio, which is lower than KCOP's 0.99% expense ratio.

Dividends

COPX vs. KCOP - Dividend Comparison

COPX's dividend yield for the trailing twelve months is around 2.45%, less than KCOP's 6.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COPX Global X Copper Miners ETF	2.45%	2.68%	1.80%	2.39%	3.14%	1.48%	1.30%	1.37%	2.59%	1.57%	0.60%	1.20%
KCOP Kurv Copper & Mining Enhanced Income ETF	6.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both COPX and KCOP in my portfolio?

With a correlation of 0.98, COPX and KCOP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, COPX or KCOP?

On fees, COPX is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COPX or KCOP?

COPX is cheaper with a 0.65% expense ratio, compared with 0.99% for KCOP.

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

KCOP has the higher dividend yield at 6.55%, compared with 2.45% for COPX.

What is the main difference between COPX and KCOP?

They also come from different issuers: Global X and Kurv. Their fees differ too: 0.65% for COPX and 0.99% for KCOP.