CPCC.TO vs. CBIL.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Copper Producer Equity Covered Call ETF (CPCC.TO) and Global X 0-3 Month T-Bill ETF (CBIL.TO).

CPCC.TO and CBIL.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CPCC.TO is a passively managed fund by Global X that tracks the performance of the Solactive North American Listed Copper Producers Index. It was launched on Dec 1, 2025. CBIL.TO is an actively managed fund by Global X. It was launched on Apr 12, 2023.

Performance

CPCC.TO vs. CBIL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Copper Producer Equity Covered Call ETF (CPCC.TO) and Global X 0-3 Month T-Bill ETF (CBIL.TO). The values are adjusted to include any dividend payments, if applicable.

CPCC.TO vs. CBIL.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CPCC.TO Global X Copper Producer Equity Covered Call ETF	0.71%	9.59%
CBIL.TO Global X 0-3 Month T-Bill ETF	0.47%	0.22%

Returns By Period

In the year-to-date period, CPCC.TO achieves a 0.71% return, which is significantly higher than CBIL.TO's 0.47% return.

CPCC.TO

• 1D: 6.72%
• 1M: -17.90%
• YTD: 0.71%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CBIL.TO

• 1D: 0.02%
• 1M: 0.17%
• YTD: 0.47%
• 6M: 1.11%
• 1Y: 2.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CPCC.TO vs. CBIL.TO - Expense Ratio Comparison

CPCC.TO has a 0.65% expense ratio, which is higher than CBIL.TO's 0.10% expense ratio.

CPCC.TO

Global X Copper Producer Equity Covered Call ETF

CBIL.TO

Global X 0-3 Month T-Bill ETF

Return for Risk

CPCC.TO vs. CBIL.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CBIL.TO

CBIL.TO Risk / Return Rank: 100
CBIL.TO Sharpe Ratio Rank: 100
CBIL.TO Sortino Ratio Rank: 100
CBIL.TO Omega Ratio Rank: 100
CBIL.TO Calmar Ratio Rank: 100
CBIL.TO Martin Ratio Rank: 100

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.

CPCC.TO vs. CBIL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Copper Producer Equity Covered Call ETF (CPCC.TO) and Global X 0-3 Month T-Bill ETF (CBIL.TO). 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

	CPCC.TO	CBIL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	10.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	11.94	-11.10

Correlation

The correlation between CPCC.TO and CBIL.TO is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

CPCC.TO vs. CBIL.TO - Dividend Comparison

CPCC.TO's dividend yield for the trailing twelve months is around 1.94%, less than CBIL.TO's 2.42% yield.

	TTM	2025	2024	2023
CPCC.TO Global X Copper Producer Equity Covered Call ETF	1.94%	0.65%	0.00%	0.00%
CBIL.TO Global X 0-3 Month T-Bill ETF	2.42%	2.59%	4.38%	3.39%

Drawdowns

CPCC.TO vs. CBIL.TO - Drawdown Comparison

The maximum CPCC.TO drawdown since its inception was -27.12%, which is greater than CBIL.TO's maximum drawdown of -0.06%. Use the drawdown chart below to compare losses from any high point for CPCC.TO and CBIL.TO.

Drawdown Indicators

	CPCC.TO	CBIL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-27.12%	-0.06%	-27.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.04%	—
Current Drawdown Current decline from peak	-18.06%	0.00%	-18.06%
Average Drawdown Average peak-to-trough decline	-5.88%	0.00%	-5.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	CPCC.TO	CBIL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	43.22%	0.23%	+42.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.22%	0.31%	+42.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.22%	0.31%	+42.91%