GLL vs. CPXR
Compare and contrast key facts about ProShares UltraShort Gold (GLL) and USCF Daily Target 2X Copper Index ETF (CPXR).
GLL and CPXR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLL is a passively managed fund by ProShares that tracks the performance of the Bloomberg Gold (-200%). It was launched on Dec 1, 2008. CPXR is a passively managed fund by USCF that tracks the performance of the SummerHaven Copper Index. It was launched on Jan 21, 2025. Both GLL and CPXR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GLL vs. CPXR - Performance Comparison
Loading graphics...
GLL vs. CPXR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLL ProShares UltraShort Gold | -25.47% | -59.13% |
CPXR USCF Daily Target 2X Copper Index ETF | -6.04% | 36.03% |
Returns By Period
In the year-to-date period, GLL achieves a -25.47% return, which is significantly lower than CPXR's -6.04% return.
GLL
- 1D
- -3.42%
- 1M
- 21.74%
- YTD
- -25.47%
- 6M
- -41.15%
- 1Y
- -61.72%
- 3Y*
- -43.38%
- 5Y*
- -33.32%
- 10Y*
- -24.76%
CPXR
- 1D
- 4.58%
- 1M
- -13.97%
- YTD
- -6.04%
- 6M
- 22.56%
- 1Y
- -5.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GLL vs. CPXR - Expense Ratio Comparison
GLL has a 0.95% expense ratio, which is lower than CPXR's 1.20% expense ratio.
Return for Risk
GLL vs. CPXR — Risk / Return Rank
GLL
CPXR
GLL vs. CPXR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Gold (GLL) and USCF Daily Target 2X Copper Index ETF (CPXR). 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.
| GLL | CPXR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.13 | -0.07 | -1.06 |
Sortino ratioReturn per unit of downside risk | -2.13 | 0.42 | -2.55 |
Omega ratioGain probability vs. loss probability | 0.77 | 1.07 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.15 | -0.71 |
Martin ratioReturn relative to average drawdown | -1.39 | -0.27 | -1.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GLL | CPXR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.13 | -0.07 | -1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.94 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.70 | 0.33 | -1.03 |
Correlation
The correlation between GLL and CPXR is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
GLL vs. CPXR - Dividend Comparison
GLL has not paid dividends to shareholders, while CPXR's dividend yield for the trailing twelve months is around 0.75%.
| TTM | 2025 | |
|---|---|---|
GLL ProShares UltraShort Gold | 0.00% | 0.00% |
CPXR USCF Daily Target 2X Copper Index ETF | 0.75% | 0.70% |
Drawdowns
GLL vs. CPXR - Drawdown Comparison
The maximum GLL drawdown since its inception was -99.24%, which is greater than CPXR's maximum drawdown of -47.87%. Use the drawdown chart below to compare losses from any high point for GLL and CPXR.
Loading graphics...
Drawdown Indicators
| GLL | CPXR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.24% | -47.87% | -51.37% |
Max Drawdown (1Y)Largest decline over 1 year | -71.53% | -47.87% | -23.66% |
Max Drawdown (5Y)Largest decline over 5 years | -89.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -95.76% | — | — |
Current DrawdownCurrent decline from peak | -99.07% | -22.99% | -76.08% |
Average DrawdownAverage peak-to-trough decline | -84.99% | -21.15% | -63.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.20% | 26.53% | +17.67% |
Volatility
GLL vs. CPXR - Volatility Comparison
ProShares UltraShort Gold (GLL) has a higher volatility of 20.37% compared to USCF Daily Target 2X Copper Index ETF (CPXR) at 18.18%. This indicates that GLL's price experiences larger fluctuations and is considered to be riskier than CPXR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GLL | CPXR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.37% | 18.18% | +2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 46.49% | 44.09% | +2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.80% | 73.45% | -18.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.41% | 70.44% | -35.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.99% | 70.44% | -38.45% |