DEAM.DE vs. 4COP.DE
DEAM.DE (Invesco MDAX UCITS ETF A) and 4COP.DE (Global X Copper Miners UCITS ETF USD Accumulating) are both exchange-traded funds - DEAM.DE is a Europe Equities fund tracking the MDAX®, while 4COP.DE is a Copper fund tracking the Solactive Global Copper Miners v2 Index. Both are passively managed. Over the past 3 years, DEAM.DE returned 3.87%/yr vs 24.85%/yr for 4COP.DE. A 0.51 correlation means they provide meaningful diversification when combined. DEAM.DE charges 0.19%/yr vs 0.55%/yr for 4COP.DE.
Performance
DEAM.DE vs. 4COP.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with DEAM.DE having a 3.71% return and 4COP.DE slightly lower at 3.65%.
DEAM.DE
- 1D
- 0.06%
- 1M
- -2.40%
- 6M
- -0.55%
- YTD
- 3.71%
- 1Y
- 2.32%
- 3Y*
- 3.87%
- 5Y*
- -1.95%
- 10Y*
- —
4COP.DE
- 1D
- -3.07%
- 1M
- -17.47%
- 6M
- -7.51%
- YTD
- 3.65%
- 1Y
- 74.13%
- 3Y*
- 24.85%
- 5Y*
- —
- 10Y*
- —
DEAM.DE vs. 4COP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DEAM.DE Invesco MDAX UCITS ETF A | 3.71% | 19.33% | -6.04% | 7.34% | -28.80% | 0.34% |
4COP.DE Global X Copper Miners UCITS ETF USD Accumulating | 3.65% | 73.65% | 9.36% | 4.93% | 6.75% | 1.24% |
Correlation
The correlation between DEAM.DE and 4COP.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2021 | 0.51 |
The correlation between DEAM.DE and 4COP.DE has been stable across timeframes, ranging from 0.45 to 0.51 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DEAM.DE vs. 4COP.DE — Risk / Return Rank
DEAM.DE
4COP.DE
DEAM.DE vs. 4COP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MDAX UCITS ETF A (DEAM.DE) and Global X Copper Miners UCITS ETF USD Accumulating (4COP.DE). 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.
| DEAM.DE | 4COP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.28 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 2.83 | -2.67 |
| Martin ratioReturn relative to average drawdown | 0.43 | 7.53 | -7.10 |
Loading charts...
Drawdowns
DEAM.DE vs. 4COP.DE - Drawdown Comparison
The maximum DEAM.DE drawdown since its inception was -40.04%, roughly equal to the maximum 4COP.DE drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for DEAM.DE and 4COP.DE.
Loading charts...
Drawdown Indicators
| DEAM.DE | 4COP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.04% | -39.13% | -0.91% |
Max Drawdown (1Y)Largest decline over 1 year | -14.95% | -26.21% | +11.26% |
Max Drawdown (3Y)Largest decline over 3 years | -18.48% | -39.13% | +20.65% |
Max Drawdown (5Y)Largest decline over 5 years | -40.04% | — | — |
Current DrawdownCurrent decline from peak | -13.92% | -21.29% | +7.37% |
Average DrawdownAverage peak-to-trough decline | -16.18% | -14.67% | -1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.36% | 9.85% | -4.49% |
Volatility
DEAM.DE vs. 4COP.DE - Volatility Comparison
The current volatility for Invesco MDAX UCITS ETF A (DEAM.DE) is 4.94%, while Global X Copper Miners UCITS ETF USD Accumulating (4COP.DE) has a volatility of 12.75%. This indicates that DEAM.DE experiences smaller price fluctuations and is considered to be less risky than 4COP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DEAM.DE | 4COP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 12.75% | -7.81% |
Volatility (6M)Calculated over the trailing 6-month period | 15.96% | 35.70% | -19.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.83% | 42.04% | -23.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 33.60% | -14.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.56% | 33.60% | -14.04% |
DEAM.DE vs. 4COP.DE - Expense Ratio Comparison
DEAM.DE has a 0.19% expense ratio, which is lower than 4COP.DE's 0.55% expense ratio.
Dividends
DEAM.DE vs. 4COP.DE - Dividend Comparison
Neither DEAM.DE nor 4COP.DE has paid dividends to shareholders.
Frequently Asked Questions
DEAM.DE and 4COP.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DEAM.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DEAM.DE is cheaper with a 0.19% expense ratio, compared with 0.55% for 4COP.DE.
DEAM.DE is categorized as Europe Equities, while 4COP.DE is Copper. DEAM.DE tracks MDAX®, while 4COP.DE tracks Solactive Global Copper Miners v2 Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.19% for DEAM.DE and 0.55% for 4COP.DE.
Find the right allocation for DEAM.DE and 4COP.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer