CPCC.TO vs. COPP

Last updated Jun 25, 2026

CPCC.TO (Global X Copper Producer Equity Covered Call ETF) and COPP (Sprott Copper Miners ETF) are both Copper funds - CPCC.TO tracks the Solactive North American Listed Copper Producers Index while COPP tracks the Nasdaq Sprott Copper Miners Index. Both are passively managed. With a 0.95 correlation, they move nearly in lockstep. Both charge a 0.65% expense ratio.

Performance

CPCC.TO vs. COPP - 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 Sprott Copper Miners ETF (COPP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CPCC.TO is traded in CAD, while COPP is traded in USD. To make them comparable, the COPP values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CPCC.TO achieves a 6.61% return, which is significantly lower than COPP's 10.65% return.

CPCC.TO

• 1D: -4.88%
• 1M: -6.86%
• YTD: 6.61%
• 6M: 6.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COPP

• 1D: -4.33%
• 1M: -3.24%
• YTD: 10.65%
• 6M: 10.31%
• 1Y: 78.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CPCC.TO vs. COPP - Yearly Performance Comparison

	2026 (YTD)	2025
CPCC.TO Global X Copper Producer Equity Covered Call ETF	6.61%	8.23%
COPP Sprott Copper Miners ETF	10.65%	12.21%

Correlation

The correlation between CPCC.TO and COPP is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 2, 2025	0.95

Return for Risk

CPCC.TO vs. COPP — Risk / Return Rank

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

CPCC.TO

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

COPP

COPP Risk / Return Rank: 50
COPP Sharpe Ratio Rank: 51
COPP Sortino Ratio Rank: 45
COPP Omega Ratio Rank: 45
COPP Calmar Ratio Rank: 57
COPP Martin Ratio Rank: 53

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. COPP - 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 Sprott Copper Miners ETF (COPP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CPCC.TO	COPP	Difference
Sharpe ratio: Return per unit of total volatility	—	1.73	—
Sortino ratio: Return per unit of downside risk	—	2.21	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	2.74	—
Martin ratio: Return relative to average drawdown	—	9.25	—

Drawdowns

CPCC.TO vs. COPP - Drawdown Comparison

The maximum CPCC.TO drawdown since its inception was -27.12%, smaller than the maximum COPP drawdown of -41.79%. Use the drawdown chart below to compare losses from any high point for CPCC.TO and COPP.

Drawdown Indicators

	CPCC.TO	COPP	Difference
Max Drawdown Largest peak-to-trough decline	-27.12%	-41.79%	+14.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.73%	—
Current Drawdown Current decline from peak	-16.44%	-16.60%	+0.16%
Average Drawdown Average peak-to-trough decline	-7.40%	-12.85%	+5.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.49%	—

Volatility

Volatility by Period

	CPCC.TO	COPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	45.23%	45.40%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.23%	41.87%	+3.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.23%	41.87%	+3.36%

CPCC.TO vs. COPP - Expense Ratio Comparison

Both CPCC.TO and COPP have an expense ratio of 0.65%.

Dividends

CPCC.TO vs. COPP - Dividend Comparison

CPCC.TO's dividend yield for the trailing twelve months is around 4.35%, more than COPP's 2.22% yield.

Position	TTM	2025	2024
COPP Sprott Copper Miners ETF	2.22%	2.37%	2.59%
CPCC.TO Global X Copper Producer Equity Covered Call ETF	4.35%	0.65%	0.00%

Frequently Asked Questions

Can I hold both CPCC.TO and COPP in my portfolio?

With a correlation of 0.95, CPCC.TO and COPP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CPCC.TO or COPP?

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CPCC.TO or COPP?

CPCC.TO and COPP have the same expense ratio: 0.65% per year.

What is the main difference between CPCC.TO and COPP?

CPCC.TO tracks Solactive North American Listed Copper Producers Index, while COPP tracks Nasdaq Sprott Copper Miners Index. They also come from different issuers: Global X and Sprott.