COPZ vs. KOLD
Compare and contrast key facts about Defiance Daily Target 2X Long Copper ETF (COPZ) and ProShares UltraShort Bloomberg Natural Gas (KOLD).
COPZ and KOLD 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. KOLD is a passively managed fund by ProShares that tracks the performance of the Bloomberg Natural Gas Subindex (TR) (200%). It was launched on Oct 4, 2011.
Performance
COPZ vs. KOLD - Performance Comparison
Loading graphics...
COPZ vs. KOLD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
COPZ Defiance Daily Target 2X Long Copper ETF | -23.72% |
KOLD ProShares UltraShort Bloomberg Natural Gas | 2.70% |
Returns By Period
COPZ
- 1D
- 5.04%
- 1M
- -34.13%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KOLD
- 1D
- 5.20%
- 1M
- 6.13%
- YTD
- -35.24%
- 6M
- -28.13%
- 1Y
- 7.53%
- 3Y*
- -14.24%
- 5Y*
- -43.16%
- 10Y*
- -28.67%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
COPZ vs. KOLD - Expense Ratio Comparison
Both COPZ and KOLD have an expense ratio of 0.95%.
Return for Risk
COPZ vs. KOLD — Risk / Return Rank
COPZ
KOLD
COPZ vs. KOLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long Copper ETF (COPZ) and ProShares UltraShort Bloomberg Natural Gas (KOLD). 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.
Loading graphics...
Sharpe Ratios by Period
| COPZ | KOLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.06 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.37 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.76 | -0.14 | -0.62 |
Correlation
The correlation between COPZ and KOLD is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
COPZ vs. KOLD - Dividend Comparison
Neither COPZ nor KOLD has paid dividends to shareholders.
Drawdowns
COPZ vs. KOLD - Drawdown Comparison
The maximum COPZ drawdown since its inception was -49.79%, smaller than the maximum KOLD drawdown of -99.45%. Use the drawdown chart below to compare losses from any high point for COPZ and KOLD.
Loading graphics...
Drawdown Indicators
| COPZ | KOLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.79% | -99.45% | +49.66% |
Max Drawdown (1Y)Largest decline over 1 year | — | -72.50% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -98.91% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.45% | — |
Current DrawdownCurrent decline from peak | -36.84% | -97.35% | +60.51% |
Average DrawdownAverage peak-to-trough decline | -26.76% | -69.16% | +42.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 31.34% | — |
Volatility
COPZ vs. KOLD - Volatility Comparison
Loading graphics...
Volatility by Period
| COPZ | KOLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 29.15% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 101.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 119.42% | 120.69% | -1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 119.42% | 118.51% | +0.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 119.42% | 101.90% | +17.52% |