CPER vs. ILS

Last updated Jun 24, 2026

CPER (United States Copper Index Fund) and ILS (Brookmont Catastrophic Bond ETF) are both exchange-traded funds - CPER is a Copper fund tracking the SummerHaven Copper Index Total Return, while ILS is a Nontraditional Bonds fund actively managed by Brookmont. CPER is passively managed, while ILS is actively managed. Over the past year, CPER returned 21.76% vs 7.81% for ILS. At a correlation of -0.09, they often move in opposite directions. CPER charges 1.06%/yr vs 1.58%/yr for ILS.

Performance

CPER vs. ILS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Copper Index Fund (CPER) and Brookmont Catastrophic Bond ETF (ILS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CPER achieves a 6.75% return, which is significantly higher than ILS's 2.27% return.

CPER

• 1D: -3.84%
• 1M: -4.11%
• YTD: 6.75%
• 6M: 9.28%
• 1Y: 21.76%
• 3Y*: 16.60%
• 5Y*: 7.10%
• 10Y*: 10.37%

ILS

• 1D: 0.10%
• 1M: 1.26%
• YTD: 2.27%
• 6M: 2.63%
• 1Y: 7.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CPER vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
CPER United States Copper Index Fund	6.75%	10.63%
ILS Brookmont Catastrophic Bond ETF	2.27%	3.54%

Correlation

The correlation between CPER and ILS is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	-0.09

Return for Risk

CPER vs. ILS — Risk / Return Rank

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

CPER

CPER Risk / Return Rank: 20
CPER Sharpe Ratio Rank: 19
CPER Sortino Ratio Rank: 18
CPER Omega Ratio Rank: 23
CPER Calmar Ratio Rank: 20
CPER Martin Ratio Rank: 17

ILS

ILS Risk / Return Rank: 96
ILS Sharpe Ratio Rank: 92
ILS Sortino Ratio Rank: 95
ILS Omega Ratio Rank: 95
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 98

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.

CPER vs. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Copper Index Fund (CPER) and Brookmont Catastrophic Bond ETF (ILS). 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.

	CPER	ILS	Difference
Sharpe ratio: Return per unit of total volatility	0.62	3.06	-2.43
Sortino ratio: Return per unit of downside risk	0.97	5.05	-4.08
Omega ratio: Gain probability vs. loss probability	1.16	1.69	-0.53
Calmar ratio: Return relative to maximum drawdown	0.88	14.18	-13.30
Martin ratio: Return relative to average drawdown	1.82	52.13	-50.31

CPER vs. ILS - Sharpe Ratio Comparison

The current CPER Sharpe Ratio is 0.62, which is lower than the ILS Sharpe Ratio of 3.06. The chart below compares the historical Sharpe Ratios of CPER and ILS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CPER vs. ILS - Drawdown Comparison

The maximum CPER drawdown since its inception was -54.04%, which is greater than ILS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for CPER and ILS.

Drawdown Indicators

	CPER	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-54.04%	-2.46%	-51.58%
Max Drawdown (1Y) Largest decline over 1 year	-24.77%	-0.55%	-24.22%
Max Drawdown (3Y) Largest decline over 3 years	-24.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.42%	—	—
Current Drawdown Current decline from peak	-8.08%	0.00%	-8.08%
Average Drawdown Average peak-to-trough decline	-25.32%	-0.54%	-24.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.97%	0.15%	+11.82%

Volatility

CPER vs. ILS - Volatility Comparison

United States Copper Index Fund (CPER) has a higher volatility of 9.34% compared to Brookmont Catastrophic Bond ETF (ILS) at 0.84%. This indicates that CPER's price experiences larger fluctuations and is considered to be riskier than ILS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPER	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.34%	0.84%	+8.50%
Volatility (6M) Calculated over the trailing 6-month period	23.62%	1.68%	+21.94%
Volatility (1Y) Calculated over the trailing 1-year period	35.07%	2.58%	+32.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.06%	3.77%	+23.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.11%	3.77%	+20.34%

CPER vs. ILS - Expense Ratio Comparison

CPER has a 1.06% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

CPER vs. ILS - Dividend Comparison

CPER has not paid dividends to shareholders, while ILS's dividend yield for the trailing twelve months is around 8.05%.

Position	TTM	2025
CPER United States Copper Index Fund	0.00%	0.00%
ILS Brookmont Catastrophic Bond ETF	8.05%	6.06%

Frequently Asked Questions

Can I hold both CPER and ILS in my portfolio?

CPER and ILS have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CPER or ILS?

CPER has higher volatility (9.34%) compared to ILS (0.84%). In terms of maximum drawdown, CPER dropped -54.04% vs ILS's -2.46%.

Which ETF is better, CPER or ILS?

On 1-year performance, CPER leads with 21.76% vs 7.81% for ILS. On fees, CPER is cheaper at 1.06% per year. On volatility, ILS has been the lower-risk option at 0.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CPER or ILS?

Over the 1-year period, CPER has performed better with a 21.76% return vs 7.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CPER or ILS?

CPER is cheaper with a 1.06% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, CPER or ILS?

ILS has the higher dividend yield at 8.05%, compared with 0.00% for CPER.

What is the main difference between CPER and ILS?

CPER is categorized as Copper, while ILS is Nontraditional Bonds. They also come from different issuers: USCF and Brookmont. Their fees differ too: 1.06% for CPER and 1.58% for ILS.

Which has better risk-adjusted returns?

ILS currently has the higher Sharpe Ratio (3.06 vs 0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.