CPER vs. COPLX
Compare and contrast key facts about United States Copper Index Fund (CPER) and Copley Fund (COPLX).
CPER is a passively managed fund by Concierge Technologies that tracks the performance of the SummerHaven Copper Index Total Return. It was launched on Nov 15, 2011. COPLX is managed by Copley. It was launched on Sep 1, 1978.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CPER or COPLX.
Key characteristics
| CPER | COPLX | |
|---|---|---|
| YTD Return | 6.21% | 19.09% |
| 1Y Return | 11.77% | 25.71% |
| 3Y Return (Ann) | -1.94% | 6.28% |
| 5Y Return (Ann) | 9.10% | 8.39% |
| 10Y Return (Ann) | 2.41% | 10.17% |
| Sharpe Ratio | 0.54 | 2.74 |
| Sortino Ratio | 0.88 | 3.90 |
| Omega Ratio | 1.11 | 1.53 |
| Calmar Ratio | 0.53 | 4.24 |
| Martin Ratio | 1.25 | 15.78 |
| Ulcer Index | 9.86% | 1.74% |
| Daily Std Dev | 22.76% | 10.01% |
| Max Drawdown | -54.04% | -44.70% |
| Current Drawdown | -18.29% | -0.05% |
Correlation
The correlation between CPER and COPLX is 0.24, 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.
Performance
CPER vs. COPLX - Performance Comparison
In the year-to-date period, CPER achieves a 6.21% return, which is significantly lower than COPLX's 19.09% return. Over the past 10 years, CPER has underperformed COPLX with an annualized return of 2.41%, while COPLX has yielded a comparatively higher 10.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CPER vs. COPLX - Expense Ratio Comparison
CPER has a 0.80% expense ratio, which is lower than COPLX's 2.37% expense ratio.
Risk-Adjusted Performance
CPER vs. COPLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Copper Index Fund (CPER) and Copley Fund (COPLX). 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.
Dividends
CPER vs. COPLX - Dividend Comparison
Neither CPER nor COPLX has paid dividends to shareholders.
Drawdowns
CPER vs. COPLX - Drawdown Comparison
The maximum CPER drawdown since its inception was -54.04%, which is greater than COPLX's maximum drawdown of -44.70%. Use the drawdown chart below to compare losses from any high point for CPER and COPLX. For additional features, visit the drawdowns tool.
Volatility
CPER vs. COPLX - Volatility Comparison
United States Copper Index Fund (CPER) has a higher volatility of 8.38% compared to Copley Fund (COPLX) at 4.04%. This indicates that CPER's price experiences larger fluctuations and is considered to be riskier than COPLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.