CPXR vs. SLVU.TO

Last updated Jun 4, 2026

CPXR (USCF Daily Target 2X Copper Index ETF) and SLVU.TO (BetaPro Silver 2x Daily Bull ETF) are both exchange-traded funds - CPXR is a Leveraged Commodities fund tracking the SummerHaven Copper Index, while SLVU.TO is a Silver fund tracking the Solactive Silver Front Month MD Rolling Futures Index ER. Both are passively managed. Over the past year, CPXR returned 37.97% vs 130.38% for SLVU.TO. A 0.52 correlation means they provide meaningful diversification when combined. CPXR charges 1.20%/yr vs 2.20%/yr for SLVU.TO.

Performance

CPXR vs. SLVU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF Daily Target 2X Copper Index ETF (CPXR) and BetaPro Silver 2x Daily Bull ETF (SLVU.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, CPXR achieves a 21.61% return, which is significantly higher than SLVU.TO's -33.67% return.

CPXR

• 1D: -5.10%
• 1M: 21.98%
• YTD: 21.61%
• 6M: 34.31%
• 1Y: 37.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLVU.TO

• 1D: -5.74%
• 1M: -4.05%
• YTD: -33.67%
• 6M: -7.21%
• 1Y: 130.38%
• 3Y*: 48.07%
• 5Y*: 9.01%
• 10Y*: 6.65%

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

CPXR vs. SLVU.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CPXR USCF Daily Target 2X Copper Index ETF	21.61%	36.03%
SLVU.TO BetaPro Silver 2x Daily Bull ETF	-33.67%	311.36%

Correlation

The correlation between CPXR and SLVU.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	0.52

The correlation between CPXR and SLVU.TO has been stable across timeframes, ranging from 0.52 to 0.52 - a consistent structural relationship.

Return for Risk

CPXR vs. SLVU.TO — Risk / Return Rank

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

CPXR

CPXR Risk / Return Rank: 20
CPXR Sharpe Ratio Rank: 18
CPXR Sortino Ratio Rank: 21
CPXR Omega Ratio Rank: 27
CPXR Calmar Ratio Rank: 19
CPXR Martin Ratio Rank: 16

SLVU.TO

SLVU.TO Risk / Return Rank: 36
SLVU.TO Sharpe Ratio Rank: 32
SLVU.TO Sortino Ratio Rank: 36
SLVU.TO Omega Ratio Rank: 51
SLVU.TO Calmar Ratio Rank: 36
SLVU.TO Martin Ratio Rank: 25

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.

CPXR vs. SLVU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF Daily Target 2X Copper Index ETF (CPXR) and BetaPro Silver 2x Daily Bull ETF (SLVU.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.

	CPXR	SLVU.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.10	-0.54
Sortino ratio: Return per unit of downside risk	1.11	1.85	-0.75
Omega ratio: Gain probability vs. loss probability	1.18	1.31	-0.13
Calmar ratio: Return relative to maximum drawdown	0.80	1.70	-0.90
Martin ratio: Return relative to average drawdown	1.47	3.23	-1.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CPXR vs. SLVU.TO - Sharpe Ratio Comparison

The current CPXR Sharpe Ratio is 0.55, which is lower than the SLVU.TO Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of CPXR and SLVU.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CPXR	SLVU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	1.10	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	-0.03	+0.68

Drawdowns

CPXR vs. SLVU.TO - Drawdown Comparison

The maximum CPXR drawdown since its inception was -47.87%, smaller than the maximum SLVU.TO drawdown of -99.08%. Use the drawdown chart below to compare losses from any high point for CPXR and SLVU.TO.

Drawdown Indicators

	CPXR	SLVU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-47.87%	-99.08%	+51.21%
Max Drawdown (1Y) Largest decline over 1 year	-47.87%	-77.20%	+29.33%
Max Drawdown (3Y) Largest decline over 3 years	—	-77.20%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-77.20%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.18%	—
Current Drawdown Current decline from peak	-5.10%	-93.59%	+88.49%
Average Drawdown Average peak-to-trough decline	-19.88%	-83.62%	+63.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.94%	40.48%	-14.54%

Volatility

CPXR vs. SLVU.TO - Volatility Comparison

The current volatility for USCF Daily Target 2X Copper Index ETF (CPXR) is 18.75%, while BetaPro Silver 2x Daily Bull ETF (SLVU.TO) has a volatility of 34.36%. This indicates that CPXR experiences smaller price fluctuations and is considered to be less risky than SLVU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPXR	SLVU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.75%	34.36%	-15.61%
Volatility (6M) Calculated over the trailing 6-month period	45.26%	133.69%	-88.43%
Volatility (1Y) Calculated over the trailing 1-year period	68.77%	119.52%	-50.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.61%	76.27%	-7.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.61%	68.08%	+0.53%

CPXR vs. SLVU.TO - Expense Ratio Comparison

CPXR has a 1.20% expense ratio, which is lower than SLVU.TO's 2.20% expense ratio.

Dividends

CPXR vs. SLVU.TO - Dividend Comparison

CPXR's dividend yield for the trailing twelve months is around 0.58%, while SLVU.TO has not paid dividends to shareholders.

Position	TTM	2025
CPXR USCF Daily Target 2X Copper Index ETF	0.58%	0.70%
SLVU.TO BetaPro Silver 2x Daily Bull ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CPXR and SLVU.TO in my portfolio?

CPXR and SLVU.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CPXR or SLVU.TO?

On fees, CPXR is cheaper at 1.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CPXR or SLVU.TO?

CPXR is cheaper with a 1.20% expense ratio, compared with 2.20% for SLVU.TO.

What is the main difference between CPXR and SLVU.TO?

CPXR is categorized as Leveraged Commodities, while SLVU.TO is Silver. CPXR tracks SummerHaven Copper Index, while SLVU.TO tracks Solactive Silver Front Month MD Rolling Futures Index ER. They also come from different issuers: USCF and Global X. Their fees differ too: 1.20% for CPXR and 2.20% for SLVU.TO.