COPZ vs. AIPO

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Daily Target 2X Long Copper ETF (COPZ) and Defiance AI & Power Infrastructure ETF (AIPO).

COPZ and AIPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COPZ is an actively managed fund by Defiance. It was launched on Feb 17, 2026. AIPO is a passively managed fund by Defiance that tracks the performance of the MarketVector™ US Listed AI and Power Infrastructure Index. It was launched on Jul 24, 2025.

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.

COPZ vs. AIPO - Yearly Performance Comparison

	2026 (YTD)
COPZ Defiance Daily Target 2X Long Copper ETF	-27.38%
AIPO Defiance AI & Power Infrastructure ETF	-3.52%

Returns By Period

COPZ

• 1D: 15.41%
• 1M: -39.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: 4.70%
• 1M: -4.73%
• YTD: 12.84%
• 6M: 10.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COPZ vs. AIPO - Expense Ratio Comparison

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

COPZ

Defiance Daily Target 2X Long Copper ETF

AIPO

Defiance AI & Power Infrastructure ETF

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	-0.79	1.03	-1.83

Correlation

The correlation between COPZ and AIPO is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

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%.

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

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	-39.87%	-7.04%	-32.83%
Average Drawdown Average peak-to-trough decline	-26.41%	-5.03%	-21.38%

Volatility

Volatility by Period

	COPZ	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	120.30%	34.05%	+86.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	120.30%	34.05%	+86.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	120.30%	34.05%	+86.25%