CXRN vs. COPZ

Last updated Jul 14, 2026

CXRN (Teucrium 2x Daily Corn ETF) and COPZ (Defiance Daily Target 2X Long Copper ETF) are both exchange-traded funds - CXRN is a Leveraged Commodities fund actively managed by Teucrium, while COPZ is a Copper fund actively managed by Defiance. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. Both charge a 0.95% expense ratio.

Performance

CXRN vs. COPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Daily Corn ETF (CXRN) and Defiance Daily Target 2X Long Copper ETF (COPZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CXRN

• 1D: 0.56%
• 1M: 8.98%
• 6M: -4.70%
• YTD: -12.91%
• 1Y: -10.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COPZ

• 1D: -4.86%
• 1M: -27.47%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CXRN vs. COPZ - Yearly Performance Comparison

	2026 (YTD)
CXRN Teucrium 2x Daily Corn ETF	-7.24%
COPZ Defiance Daily Target 2X Long Copper ETF	-38.73%

Correlation

The correlation between CXRN and COPZ is -0.11, 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 (All Time) Calculated using the full available price history since Feb 18, 2026	-0.11

Return for Risk

CXRN vs. COPZ — Risk / Return Rank

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

CXRN

CXRN Risk / Return Rank: 6
CXRN Sharpe Ratio Rank: 7
CXRN Sortino Ratio Rank: 7
CXRN Omega Ratio Rank: 7
CXRN Calmar Ratio Rank: 6
CXRN Martin Ratio Rank: 5

COPZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CXRN vs. COPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Daily Corn ETF (CXRN) and Defiance Daily Target 2X Long Copper ETF (COPZ). 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.

	CXRN	COPZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	—	—
Sortino ratio: Return per unit of downside risk	-0.16	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.32	—	—
Martin ratio: Return relative to average drawdown	-0.90	—	—

Drawdowns

CXRN vs. COPZ - Drawdown Comparison

The maximum CXRN drawdown since its inception was -53.17%, roughly equal to the maximum COPZ drawdown of -51.36%. Use the drawdown chart below to compare losses from any high point for CXRN and COPZ.

Drawdown Indicators

	CXRN	COPZ	Difference
Max Drawdown Largest peak-to-trough decline	-53.17%	-51.36%	-1.81%
Max Drawdown (1Y) Largest decline over 1 year	-31.96%	—	—
Current Drawdown Current decline from peak	-45.84%	-49.38%	+3.54%
Average Drawdown Average peak-to-trough decline	-31.28%	-31.26%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.49%	—	—

Volatility

Volatility by Period

	CXRN	COPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	36.85%	108.20%	-71.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.77%	108.20%	-70.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.77%	108.20%	-70.43%

CXRN vs. COPZ - Expense Ratio Comparison

Both CXRN and COPZ have an expense ratio of 0.95%.

Dividends

CXRN vs. COPZ - Dividend Comparison

CXRN's dividend yield for the trailing twelve months is around 2.47%, while COPZ has not paid dividends to shareholders.

Position	TTM	2025	2024
COPZ Defiance Daily Target 2X Long Copper ETF	0.00%	0.00%	0.00%
CXRN Teucrium 2x Daily Corn ETF	2.47%	3.30%	0.13%

Frequently Asked Questions

Can I hold both CXRN and COPZ in my portfolio?

CXRN and COPZ have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CXRN or COPZ?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CXRN or COPZ?

CXRN and COPZ have the same expense ratio: 0.95% per year.

Which ETF pays a higher dividend yield, CXRN or COPZ?

CXRN has the higher dividend yield at 2.47%, compared with 0.00% for COPZ.

What is the main difference between CXRN and COPZ?

CXRN is categorized as Leveraged Commodities, while COPZ is Copper. They also come from different issuers: Teucrium and Defiance.