COPZ vs. AIPO

Last updated Jun 4, 2026

COPZ (Defiance Daily Target 2X Long Copper ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - COPZ is a Leveraged Commodities fund actively managed by Defiance, while AIPO is a Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. COPZ is actively managed, while AIPO is passively managed. A 0.67 correlation means they provide meaningful diversification when combined. COPZ charges 0.95%/yr vs 0.69%/yr for AIPO.

Performance

COPZ vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long Copper ETF (COPZ) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COPZ

• 1D: -6.96%
• 1M: 32.69%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -1.12%
• 1M: 6.63%
• YTD: 52.03%
• 6M: 45.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COPZ vs. AIPO - Yearly Performance Comparison

	2026 (YTD)
COPZ Defiance Daily Target 2X Long Copper ETF	-5.37%
AIPO Defiance AI & Power Infrastructure ETF	30.00%

Correlation

The correlation between COPZ and AIPO is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.67

Return for Risk

COPZ vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long Copper ETF (COPZ) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

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

Sharpe Ratios by Period

	COPZ	AIPO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	2.36	-2.52

Drawdowns

COPZ vs. AIPO - Drawdown Comparison

The maximum COPZ drawdown since its inception was -49.79%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for COPZ and AIPO.

Drawdown Indicators

	COPZ	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-49.79%	-17.31%	-32.48%
Current Drawdown Current decline from peak	-21.65%	-1.12%	-20.53%
Average Drawdown Average peak-to-trough decline	-28.52%	-4.38%	-24.14%

Volatility

Volatility by Period

	COPZ	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	104.89%	34.09%	+70.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.89%	34.09%	+70.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.89%	34.09%	+70.80%

COPZ vs. AIPO - Expense Ratio Comparison

COPZ has a 0.95% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

COPZ vs. AIPO - Dividend Comparison

COPZ has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
COPZ Defiance Daily Target 2X Long Copper ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both COPZ and AIPO in my portfolio?

COPZ and AIPO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COPZ or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COPZ or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 0.95% for COPZ.

Which ETF pays a higher dividend yield, COPZ or AIPO?

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for COPZ.

What is the main difference between COPZ and AIPO?

COPZ is categorized as Leveraged Commodities, while AIPO is Technology Equities. Their fees differ too: 0.95% for COPZ and 0.69% for AIPO.