ICOP vs. COPP
Compare and contrast key facts about Ishares Copper And Metals Mining ETF (ICOP) and Sprott Copper Miners ETF (COPP).
ICOP and COPP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ICOP is a passively managed fund by iShares that tracks the performance of the STOXX Global Copper and Metals Mining Index - Benchmark TR Net. It was launched on Jun 21, 2023. COPP is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Copper Miners Index - Benchmark TR Net. It was launched on Mar 4, 2024. Both ICOP and COPP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICOP or COPP.
Performance
ICOP vs. COPP - Performance Comparison
Returns By Period
ICOP
10.58%
-8.64%
-19.80%
26.33%
N/A
N/A
COPP
N/A
-8.36%
-19.40%
N/A
N/A
N/A
Key characteristics
| ICOP | COPP | |
|---|---|---|
| Daily Std Dev | 31.34% | 34.87% |
| Max Drawdown | -25.40% | -25.15% |
| Current Drawdown | -19.80% | -19.40% |
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ICOP vs. COPP - Expense Ratio Comparison
ICOP has a 0.47% expense ratio, which is lower than COPP's 0.65% expense ratio.
Correlation
The correlation between ICOP and COPP is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ICOP vs. COPP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Copper And Metals Mining ETF (ICOP) 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.
Not enough dataDividends
ICOP vs. COPP - Dividend Comparison
ICOP's dividend yield for the trailing twelve months is around 2.13%, while COPP has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
ICOP Ishares Copper And Metals Mining ETF | 2.13% | 2.15% |
COPP Sprott Copper Miners ETF | 0.00% | 0.00% |
Drawdowns
ICOP vs. COPP - Drawdown Comparison
The maximum ICOP drawdown since its inception was -25.40%, roughly equal to the maximum COPP drawdown of -25.15%. Use the drawdown chart below to compare losses from any high point for ICOP and COPP. For additional features, visit the drawdowns tool.
Volatility
ICOP vs. COPP - Volatility Comparison
Ishares Copper And Metals Mining ETF (ICOP) and Sprott Copper Miners ETF (COPP) have volatilities of 9.09% and 9.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.