COPX vs. VTI

Last updated Jun 5, 2026

COPX (Global X Copper Miners ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - COPX is a Materials fund tracking the Solactive Global Copper Miners Total Return Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, COPX returned 21.46%/yr vs 15.04%/yr for VTI. A 0.59 correlation means they provide meaningful diversification when combined. COPX charges 0.65%/yr vs 0.03%/yr for VTI.

Performance

COPX vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Copper Miners ETF (COPX) and Vanguard Total Stock Market ETF (VTI). 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 VTI's 11.72% return. Over the past 10 years, COPX has outperformed VTI with an annualized return of 21.46%, while VTI has yielded a comparatively lower 15.04% annualized 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%

VTI

• 1D: 0.47%
• 1M: 4.59%
• YTD: 11.72%
• 6M: 11.43%
• 1Y: 28.79%
• 3Y*: 22.37%
• 5Y*: 12.80%
• 10Y*: 15.04%

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

COPX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COPX Global X Copper Miners ETF	25.67%	93.50%	3.57%	8.38%	-0.76%	23.39%	51.66%	12.48%	-31.31%	38.92%
VTI Vanguard Total Stock Market ETF	11.72%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between COPX and VTI is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.55
Correlation (All Time) Calculated using the full available price history since Apr 21, 2010	0.59

The correlation between COPX and VTI has been stable across timeframes, ranging from 0.51 to 0.59 - a consistent structural relationship.

COPX vs. VTI - Sectors Allocation Comparison

Sectors	COPX	VTI
Basic Materials	96.3%	2.0%
Industrials	3.7%	9.8%
Communication Services	-	10.3%
Consumer Cyclical	-	10.0%
Consumer Defensive	-	4.7%
Energy	-	3.7%
Financial Services	-	12.0%
Healthcare	-	9.2%
Real Estate	-	2.4%
Technology	-	33.5%
Utilities	-	2.3%

Return for Risk

COPX vs. VTI — 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

VTI

VTI Risk / Return Rank: 73
VTI Sharpe Ratio Rank: 74
VTI Sortino Ratio Rank: 73
VTI Omega Ratio Rank: 73
VTI Calmar Ratio Rank: 66
VTI Martin Ratio Rank: 78

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. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Copper Miners ETF (COPX) and Vanguard Total Stock Market ETF (VTI). 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	VTI	Difference
Sharpe ratio: Return per unit of total volatility	2.87	2.38	+0.49
Sortino ratio: Return per unit of downside risk	3.12	3.24	-0.12
Omega ratio: Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio: Return relative to maximum drawdown	4.27	3.24	+1.02
Martin ratio: Return relative to average drawdown	13.66	14.94	-1.28
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. VTI - Sharpe Ratio Comparison

The current COPX Sharpe Ratio is 2.87, which is comparable to the VTI Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of COPX and VTI, 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	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.87	2.38	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.74	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.82	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.51	-0.32

Drawdowns

COPX vs. VTI - Drawdown Comparison

The maximum COPX drawdown since its inception was -83.16%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for COPX and VTI.

Drawdown Indicators

	COPX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-83.16%	-55.45%	-27.71%
Max Drawdown (1Y) Largest decline over 1 year	-27.82%	-8.92%	-18.90%
Max Drawdown (3Y) Largest decline over 3 years	-39.72%	-19.30%	-20.42%
Max Drawdown (5Y) Largest decline over 5 years	-42.12%	-25.36%	-16.76%
Max Drawdown (10Y) Largest decline over 10 years	-65.41%	-35.00%	-30.41%
Current Drawdown Current decline from peak	-5.73%	-0.26%	-5.47%
Average Drawdown Average peak-to-trough decline	-39.29%	-8.03%	-31.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.67%	1.93%	+6.74%

Volatility

COPX vs. VTI - Volatility Comparison

Global X Copper Miners ETF (COPX) has a higher volatility of 15.34% compared to Vanguard Total Stock Market ETF (VTI) at 2.90%. This indicates that COPX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COPX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.34%	2.90%	+12.44%
Volatility (6M) Calculated over the trailing 6-month period	35.68%	9.13%	+26.55%
Volatility (1Y) Calculated over the trailing 1-year period	41.41%	12.17%	+29.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.50%	17.40%	+19.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.54%	18.30%	+17.24%

COPX vs. VTI - Expense Ratio Comparison

COPX has a 0.65% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

COPX vs. VTI - Dividend Comparison

COPX's dividend yield for the trailing twelve months is around 2.13%, more than VTI's 1.01% 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%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both COPX and VTI in my portfolio?

COPX and VTI have a correlation of 0.57, 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 VTI?

COPX has higher volatility (15.34%) compared to VTI (2.90%). In terms of maximum drawdown, COPX dropped -83.16% vs VTI's -55.45%.

Which ETF is better, COPX or VTI?

On 10-year performance, COPX leads with 21.46% vs 15.04% for VTI. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 2.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COPX or VTI?

Over the 10-year period, COPX has performed better with a 21.46% return vs 15.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COPX or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.65% for COPX.

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

COPX has the higher dividend yield at 2.13%, compared with 1.01% for VTI.

What is the main difference between COPX and VTI?

COPX is categorized as Materials, while VTI is Large Cap Blend Equities. COPX tracks Solactive Global Copper Miners Total Return Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.65% for COPX and 0.03% for VTI.

Which has better risk-adjusted returns?

COPX currently has the higher Sharpe Ratio (2.87 vs 2.38), 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.