EDGX vs. COPX

Last updated Aug 6, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and COPX (Global X Copper Miners ETF) are both exchange-traded funds - EDGX is a Derivative Income fund actively managed by Global X, while COPX is a Copper fund tracking the Solactive Global Copper Miners Total Return Index. EDGX is actively managed, while COPX is passively managed. Their 0.72 correlation means they have sometimes moved together and sometimes differently. EDGX charges 0.00%/yr vs 0.65%/yr for COPX.

Performance

EDGX vs. COPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and Global X Copper Miners ETF (COPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGX

• 1D: -0.03%
• 1M: 2.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

COPX

• 1D: 3.25%
• 1M: 10.50%
• 6M: 0.47%
• YTD: 21.21%
• 1Y: 102.95%
• 3Y*: 31.96%
• 5Y*: 21.22%
• 10Y*: 20.09%
• ALL TIME*: 6.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
COPX Global X Copper Miners ETF	$211.67M	$207.51M	$295.30M
EDGX Global X U.S. 500 Income Edge ETF	$169.59K	$164.97K	$167.67K

EDGX vs. COPX - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	12.23%
COPX Global X Copper Miners ETF	2.64%

Correlation

The correlation between EDGX and COPX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.72

Return for Risk

EDGX vs. COPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EDGX

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

COPX

COPX Risk / Return Rank: 76
COPX Sharpe Ratio Rank: 86
COPX Sortino Ratio Rank: 69
COPX Omega Ratio Rank: 70
COPX Calmar Ratio Rank: 86
COPX Martin Ratio Rank: 66

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EDGX vs. COPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) and Global X Copper Miners ETF (COPX). 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.

	EDGX	COPX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.24	—
Sortino ratio: Return per unit of downside risk	—	2.57	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	3.72	—
Martin ratio: Return relative to average drawdown	—	9.23	—

Drawdowns

EDGX vs. COPX - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for EDGX and COPX.

Drawdown Indicators

	EDGX	COPX	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-83.16%	+75.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-65.41%	—
Current Drawdown Current decline from peak	-0.03%	-9.08%	+9.05%
Average Drawdown Average peak-to-trough decline	-1.53%	-39.09%	+37.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.20%	—

Volatility

Volatility by Period

	EDGX	COPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.43%	46.17%	-32.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.43%	37.40%	-23.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.43%	35.94%	-22.51%

EDGX vs. COPX - Expense Ratio Comparison

EDGX has a 0.00% expense ratio, which is lower than COPX's 0.65% expense ratio.

Dividends

EDGX vs. COPX - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 3.94%, more than COPX's 2.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COPX Global X Copper Miners ETF	2.23%	2.68%	1.80%	2.39%	3.14%	1.48%	1.30%	1.37%	2.59%	1.57%	0.60%	1.20%
EDGX Global X U.S. 500 Income Edge ETF	3.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EDGX and COPX in my portfolio?

EDGX and COPX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EDGX or COPX?

On fees, EDGX is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGX or COPX?

EDGX is cheaper with a 0.00% expense ratio, compared with 0.65% for COPX.

Which ETF pays a higher dividend yield, EDGX or COPX?

EDGX has the higher dividend yield at 3.94%, compared with 2.23% for COPX.

What is the main difference between EDGX and COPX?

EDGX is categorized as Derivative Income, while COPX is Copper. Their fees differ too: 0.00% for EDGX and 0.65% for COPX.