CSNR vs. COPP

Last updated Jun 4, 2026

CSNR (Cohen & Steers Natural Resources Active ETF) and COPP (Sprott Copper Miners ETF) are both Commodity Producers Equities funds. CSNR is actively managed, while COPP is passively managed. Over the past year, CSNR returned 47.34% vs 111.49% for COPP. A 0.65 correlation means they provide meaningful diversification when combined. CSNR charges 0.50%/yr vs 0.65%/yr for COPP.

Performance

CSNR vs. COPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Natural Resources Active ETF (CSNR) and Sprott Copper Miners ETF (COPP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSNR achieves a 21.88% return, which is significantly lower than COPP's 26.69% return.

CSNR

• 1D: -0.56%
• 1M: 1.40%
• YTD: 21.88%
• 6M: 24.62%
• 1Y: 47.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COPP

• 1D: -3.50%
• 1M: 22.98%
• YTD: 26.69%
• 6M: 39.51%
• 1Y: 111.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSNR vs. COPP - Yearly Performance Comparison

	2026 (YTD)	2025
CSNR Cohen & Steers Natural Resources Active ETF	21.88%	26.55%
COPP Sprott Copper Miners ETF	26.69%	74.27%

Correlation

The correlation between CSNR and COPP is 0.64, 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	0.64
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025	0.65

The correlation between CSNR and COPP has been stable across timeframes, ranging from 0.64 to 0.65 - a consistent structural relationship.

Return for Risk

CSNR vs. COPP — Risk / Return Rank

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

CSNR

CSNR Risk / Return Rank: 86
CSNR Sharpe Ratio Rank: 86
CSNR Sortino Ratio Rank: 81
CSNR Omega Ratio Rank: 81
CSNR Calmar Ratio Rank: 90
CSNR Martin Ratio Rank: 92

COPP

COPP Risk / Return Rank: 70
COPP Sharpe Ratio Rank: 79
COPP Sortino Ratio Rank: 62
COPP Omega Ratio Rank: 61
COPP Calmar Ratio Rank: 76
COPP Martin Ratio Rank: 70

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.

CSNR vs. COPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Natural Resources Active ETF (CSNR) 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.

	CSNR	COPP	Difference
Sharpe ratio: Return per unit of total volatility	2.81	2.62	+0.19
Sortino ratio: Return per unit of downside risk	3.59	2.98	+0.62
Omega ratio: Gain probability vs. loss probability	1.48	1.38	+0.10
Calmar ratio: Return relative to maximum drawdown	5.67	3.88	+1.79
Martin ratio: Return relative to average drawdown	22.27	13.39	+8.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSNR vs. COPP - Sharpe Ratio Comparison

The current CSNR Sharpe Ratio is 2.81, which is comparable to the COPP Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of CSNR and COPP, 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

	CSNR	COPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.81	2.62	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	1.97	1.11	+0.86

Drawdowns

CSNR vs. COPP - Drawdown Comparison

The maximum CSNR drawdown since its inception was -15.33%, smaller than the maximum COPP drawdown of -44.37%. Use the drawdown chart below to compare losses from any high point for CSNR and COPP.

Drawdown Indicators

	CSNR	COPP	Difference
Max Drawdown Largest peak-to-trough decline	-15.33%	-44.37%	+29.04%
Max Drawdown (1Y) Largest decline over 1 year	-8.39%	-28.91%	+20.52%
Current Drawdown Current decline from peak	-1.42%	-3.50%	+2.08%
Average Drawdown Average peak-to-trough decline	-1.82%	-14.02%	+12.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	8.35%	-6.22%

Volatility

CSNR vs. COPP - Volatility Comparison

The current volatility for Cohen & Steers Natural Resources Active ETF (CSNR) is 4.24%, while Sprott Copper Miners ETF (COPP) has a volatility of 15.22%. This indicates that CSNR experiences smaller price fluctuations and is considered to be less risky than COPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSNR	COPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	15.22%	-10.98%
Volatility (6M) Calculated over the trailing 6-month period	13.65%	36.30%	-22.65%
Volatility (1Y) Calculated over the trailing 1-year period	16.94%	42.84%	-25.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.77%	40.80%	-21.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	40.80%	-21.03%

CSNR vs. COPP - Expense Ratio Comparison

CSNR has a 0.50% expense ratio, which is lower than COPP's 0.65% expense ratio.

Dividends

CSNR vs. COPP - Dividend Comparison

CSNR's dividend yield for the trailing twelve months is around 1.98%, more than COPP's 1.87% yield.

Position	TTM	2025	2024
COPP Sprott Copper Miners ETF	1.87%	2.37%	2.59%
CSNR Cohen & Steers Natural Resources Active ETF	1.98%	2.39%	0.00%

Frequently Asked Questions

Can I hold both CSNR and COPP in my portfolio?

CSNR and COPP have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSNR or COPP?

COPP has higher volatility (15.22%) compared to CSNR (4.24%). In terms of maximum drawdown, CSNR dropped -15.33% vs COPP's -44.37%.

Which ETF is better, CSNR or COPP?

On 1-year performance, COPP leads with 111.49% vs 47.34% for CSNR. On fees, CSNR is cheaper at 0.50% per year. On volatility, CSNR has been the lower-risk option at 4.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSNR or COPP?

Over the 1-year period, COPP has performed better with a 111.49% return vs 47.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSNR or COPP?

CSNR is cheaper with a 0.50% expense ratio, compared with 0.65% for COPP.

Which ETF pays a higher dividend yield, CSNR or COPP?

CSNR has the higher dividend yield at 1.98%, compared with 1.87% for COPP.

What is the main difference between CSNR and COPP?

They also come from different issuers: Cohen & Steers and Sprott. Their fees differ too: 0.50% for CSNR and 0.65% for COPP.

Which has better risk-adjusted returns?

CSNR currently has the higher Sharpe Ratio (2.81 vs 2.62), 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.