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CPER vs. SLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CPER and SLX is 0.31, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

CPER vs. SLX - Performance Comparison

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

0.00%20.00%40.00%60.00%80.00%100.00%120.00%NovemberDecember2025FebruaryMarchApril
20.65%
80.32%
CPER
SLX

Key characteristics

Sharpe Ratio

CPER:

0.35

SLX:

-0.40

Sortino Ratio

CPER:

0.67

SLX:

-0.42

Omega Ratio

CPER:

1.09

SLX:

0.95

Calmar Ratio

CPER:

0.46

SLX:

-0.39

Martin Ratio

CPER:

0.76

SLX:

-0.99

Ulcer Index

CPER:

12.94%

SLX:

10.85%

Daily Std Dev

CPER:

27.67%

SLX:

26.89%

Max Drawdown

CPER:

-54.04%

SLX:

-82.14%

Current Drawdown

CPER:

-7.24%

SLX:

-16.80%

Returns By Period

In the year-to-date period, CPER achieves a 20.75% return, which is significantly higher than SLX's 2.91% return. Over the past 10 years, CPER has underperformed SLX with an annualized return of 5.09%, while SLX has yielded a comparatively higher 9.68% annualized return.


CPER

YTD

20.75%

1M

-4.94%

6M

10.75%

1Y

6.41%

5Y*

15.36%

10Y*

5.09%

SLX

YTD

2.91%

1M

-5.51%

6M

-7.30%

1Y

-10.58%

5Y*

26.30%

10Y*

9.68%

*Annualized

Compare stocks, funds, or ETFs

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CPER vs. SLX - Expense Ratio Comparison

CPER has a 0.80% expense ratio, which is higher than SLX's 0.56% expense ratio.


Expense ratio chart for CPER: current value is 0.80%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CPER: 0.80%
Expense ratio chart for SLX: current value is 0.56%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SLX: 0.56%

Risk-Adjusted Performance

CPER vs. SLX — Risk-Adjusted Performance Rank

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

CPER
The Risk-Adjusted Performance Rank of CPER is 4949
Overall Rank
The Sharpe Ratio Rank of CPER is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of CPER is 5151
Sortino Ratio Rank
The Omega Ratio Rank of CPER is 4949
Omega Ratio Rank
The Calmar Ratio Rank of CPER is 6060
Calmar Ratio Rank
The Martin Ratio Rank of CPER is 3939
Martin Ratio Rank

SLX
The Risk-Adjusted Performance Rank of SLX is 66
Overall Rank
The Sharpe Ratio Rank of SLX is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of SLX is 77
Sortino Ratio Rank
The Omega Ratio Rank of SLX is 77
Omega Ratio Rank
The Calmar Ratio Rank of SLX is 44
Calmar Ratio Rank
The Martin Ratio Rank of SLX is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CPER vs. SLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Copper Index Fund (CPER) and VanEck Vectors Steel ETF (SLX). 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.


The chart of Sharpe ratio for CPER, currently valued at 0.35, compared to the broader market-1.000.001.002.003.004.00
CPER: 0.35
SLX: -0.40
The chart of Sortino ratio for CPER, currently valued at 0.67, compared to the broader market-2.000.002.004.006.008.00
CPER: 0.67
SLX: -0.42
The chart of Omega ratio for CPER, currently valued at 1.09, compared to the broader market0.501.001.502.002.50
CPER: 1.09
SLX: 0.95
The chart of Calmar ratio for CPER, currently valued at 0.46, compared to the broader market0.002.004.006.008.0010.0012.00
CPER: 0.46
SLX: -0.39
The chart of Martin ratio for CPER, currently valued at 0.76, compared to the broader market0.0020.0040.0060.00
CPER: 0.76
SLX: -0.99

The current CPER Sharpe Ratio is 0.35, which is higher than the SLX Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of CPER and SLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.35
-0.40
CPER
SLX

Dividends

CPER vs. SLX - Dividend Comparison

CPER has not paid dividends to shareholders, while SLX's dividend yield for the trailing twelve months is around 3.45%.


TTM20242023202220212020201920182017201620152014
CPER
United States Copper Index Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SLX
VanEck Vectors Steel ETF
3.45%3.55%2.80%4.97%7.07%1.87%2.77%6.26%2.44%1.06%5.35%3.27%

Drawdowns

CPER vs. SLX - Drawdown Comparison

The maximum CPER drawdown since its inception was -54.04%, smaller than the maximum SLX drawdown of -82.14%. Use the drawdown chart below to compare losses from any high point for CPER and SLX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.24%
-16.80%
CPER
SLX

Volatility

CPER vs. SLX - Volatility Comparison

United States Copper Index Fund (CPER) and VanEck Vectors Steel ETF (SLX) have volatilities of 15.15% and 15.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
15.15%
15.76%
CPER
SLX