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ICOP vs. COPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ICOP and COPX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

ICOP vs. COPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Copper And Metals Mining ETF (ICOP) and Global X Copper Miners ETF (COPX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ICOP:

-0.34

COPX:

-0.35

Sortino Ratio

ICOP:

-0.26

COPX:

-0.24

Omega Ratio

ICOP:

0.97

COPX:

0.97

Calmar Ratio

ICOP:

-0.30

COPX:

-0.32

Martin Ratio

ICOP:

-0.74

COPX:

-0.76

Ulcer Index

ICOP:

15.84%

COPX:

16.78%

Daily Std Dev

ICOP:

34.81%

COPX:

38.02%

Max Drawdown

ICOP:

-38.67%

COPX:

-83.16%

Current Drawdown

ICOP:

-18.80%

COPX:

-20.06%

Returns By Period

In the year-to-date period, ICOP achieves a 10.74% return, which is significantly higher than COPX's 8.51% return.


ICOP

YTD

10.74%

1M

4.94%

6M

2.58%

1Y

-11.80%

3Y*

N/A

5Y*

N/A

10Y*

N/A

COPX

YTD

8.51%

1M

5.72%

6M

0.33%

1Y

-13.39%

3Y*

3.97%

5Y*

24.30%

10Y*

8.51%

*Annualized

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Global X Copper Miners ETF

ICOP vs. COPX - Expense Ratio Comparison

ICOP has a 0.47% expense ratio, which is lower than COPX's 0.65% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

ICOP vs. COPX — Risk-Adjusted Performance Rank

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

ICOP
The Risk-Adjusted Performance Rank of ICOP is 88
Overall Rank
The Sharpe Ratio Rank of ICOP is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of ICOP is 88
Sortino Ratio Rank
The Omega Ratio Rank of ICOP is 99
Omega Ratio Rank
The Calmar Ratio Rank of ICOP is 66
Calmar Ratio Rank
The Martin Ratio Rank of ICOP is 88
Martin Ratio Rank

COPX
The Risk-Adjusted Performance Rank of COPX is 88
Overall Rank
The Sharpe Ratio Rank of COPX is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of COPX is 99
Sortino Ratio Rank
The Omega Ratio Rank of COPX is 99
Omega Ratio Rank
The Calmar Ratio Rank of COPX is 55
Calmar Ratio Rank
The Martin Ratio Rank of COPX is 88
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ICOP vs. COPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Copper And Metals Mining ETF (ICOP) 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.


The current ICOP Sharpe Ratio is -0.34, which is comparable to the COPX Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of ICOP and COPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

ICOP vs. COPX - Dividend Comparison

ICOP's dividend yield for the trailing twelve months is around 1.68%, more than COPX's 1.66% yield.


TTM20242023202220212020201920182017201620152014
ICOP
Ishares Copper And Metals Mining ETF
1.68%1.87%2.15%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
COPX
Global X Copper Miners ETF
1.66%1.80%2.39%3.14%1.48%1.30%1.37%2.59%1.57%0.60%1.20%2.31%

Drawdowns

ICOP vs. COPX - Drawdown Comparison

The maximum ICOP drawdown since its inception was -38.67%, smaller than the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for ICOP and COPX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

ICOP vs. COPX - Volatility Comparison

The current volatility for Ishares Copper And Metals Mining ETF (ICOP) is 6.51%, while Global X Copper Miners ETF (COPX) has a volatility of 7.14%. This indicates that ICOP experiences smaller price fluctuations and is considered to be less risky than COPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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