CTRA vs. COPP

Last updated Jun 5, 2026

CTRA (Coterra Energy Inc.) is a stock, while COPP (Sprott Copper Miners ETF) is Commodity Producers Equities fund tracking the Nasdaq Sprott Copper Miners Index. Over the past year, CTRA returned 34.11% vs 106.38% for COPP. At a 0.08 correlation, their price movements are largely independent.

Performance

CTRA vs. COPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coterra Energy Inc. (CTRA) 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, CTRA achieves a 24.61% return, which is significantly lower than COPP's 26.17% return.

CTRA

• 1D: -8.62%
• 1M: -8.62%
• YTD: 24.61%
• 6M: 19.96%
• 1Y: 34.11%
• 3Y*: 12.65%
• 5Y*: 19.04%
• 10Y*: 6.42%

COPP

• 1D: -0.41%
• 1M: 20.00%
• YTD: 26.17%
• 6M: 39.41%
• 1Y: 106.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CTRA vs. COPP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CTRA Coterra Energy Inc.	24.61%	6.68%	0.39%
COPP Sprott Copper Miners ETF	26.17%	74.02%	4.18%

Correlation

The correlation between CTRA and COPP is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.08

The correlation between CTRA and COPP shifts across timeframes, from -0.14 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CTRA vs. COPP — Risk / Return Rank

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

CTRA

CTRA Risk / Return Rank: 80
CTRA Sharpe Ratio Rank: 83
CTRA Sortino Ratio Rank: 76
CTRA Omega Ratio Rank: 77
CTRA Calmar Ratio Rank: 82
CTRA Martin Ratio Rank: 80

COPP

COPP Risk / Return Rank: 70
COPP Sharpe Ratio Rank: 79
COPP Sortino Ratio Rank: 63
COPP Omega Ratio Rank: 62
COPP Calmar Ratio Rank: 75
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.

CTRA vs. COPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coterra Energy Inc. (CTRA) 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.

	CTRA	COPP	Difference
Sharpe ratio: Return per unit of total volatility	1.61	2.50	-0.89
Sortino ratio: Return per unit of downside risk	2.08	2.89	-0.81
Omega ratio: Gain probability vs. loss probability	1.27	1.37	-0.10
Calmar ratio: Return relative to maximum drawdown	3.04	3.70	-0.66
Martin ratio: Return relative to average drawdown	6.37	12.77	-6.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CTRA vs. COPP - Sharpe Ratio Comparison

The current CTRA Sharpe Ratio is 1.61, which is lower than the COPP Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of CTRA 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

	CTRA	COPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	2.50	-0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	1.10	-0.83

Drawdowns

CTRA vs. COPP - Drawdown Comparison

The maximum CTRA drawdown since its inception was -74.41%, which is greater than COPP's maximum drawdown of -44.37%. Use the drawdown chart below to compare losses from any high point for CTRA and COPP.

Drawdown Indicators

	CTRA	COPP	Difference
Max Drawdown Largest peak-to-trough decline	-74.41%	-44.37%	-30.04%
Max Drawdown (1Y) Largest decline over 1 year	-15.51%	-28.91%	+13.40%
Max Drawdown (3Y) Largest decline over 3 years	-23.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.25%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.56%	—	—
Current Drawdown Current decline from peak	-10.33%	-3.89%	-6.44%
Average Drawdown Average peak-to-trough decline	-26.96%	-14.00%	-12.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.38%	8.36%	-0.98%

Volatility

CTRA vs. COPP - Volatility Comparison

The current volatility for Coterra Energy Inc. (CTRA) is 13.41%, while Sprott Copper Miners ETF (COPP) has a volatility of 15.24%. This indicates that CTRA 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

	CTRA	COPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.41%	15.24%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	23.40%	36.29%	-12.89%
Volatility (1Y) Calculated over the trailing 1-year period	30.69%	42.84%	-12.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.49%	40.77%	-6.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.56%	40.77%	-5.21%

Dividends

CTRA vs. COPP - Dividend Comparison

CTRA's dividend yield for the trailing twelve months is around 2.03%, more than COPP's 1.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COPP Sprott Copper Miners ETF	1.88%	2.37%	2.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CTRA Coterra Energy Inc.	2.03%	3.34%	3.29%	4.58%	8.47%	5.89%	2.46%	2.01%	1.12%	0.59%	0.34%	0.45%

Frequently Asked Questions

Can I hold both CTRA and COPP in my portfolio?

CTRA and COPP have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CTRA or COPP?

COPP has higher volatility (15.24%) compared to CTRA (13.41%). In terms of maximum drawdown, CTRA dropped -74.41% vs COPP's -44.37%.

Which has better risk-adjusted returns?

COPP currently has the higher Sharpe Ratio (2.50 vs 1.61), 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.