KCOP vs. COPP

Last updated Jul 17, 2026

KCOP (Kurv Copper & Mining Enhanced Income ETF) and COPP (Sprott Copper Miners ETF) are both Copper funds. KCOP is actively managed, while COPP is passively managed. With a 0.96 correlation, they move nearly in lockstep. KCOP charges 0.99%/yr vs 0.65%/yr for COPP.

Performance

KCOP vs. COPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Copper & Mining Enhanced Income ETF (KCOP) and Sprott Copper Miners ETF (COPP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KCOP

• 1D: -2.61%
• 1M: -11.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COPP

• 1D: -3.39%
• 1M: -16.85%
• 6M: -7.25%
• YTD: 4.80%
• 1Y: 64.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KCOP vs. COPP - Yearly Performance Comparison

	2026 (YTD)
KCOP Kurv Copper & Mining Enhanced Income ETF	-6.83%
COPP Sprott Copper Miners ETF	-9.97%

Correlation

The correlation between KCOP and COPP is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 13, 2026	0.96

Return for Risk

KCOP vs. COPP — Risk / Return Rank

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

KCOP

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

COPP

COPP Risk / Return Rank: 49
COPP Sharpe Ratio Rank: 50
COPP Sortino Ratio Rank: 45
COPP Omega Ratio Rank: 45
COPP Calmar Ratio Rank: 55
COPP Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KCOP vs. COPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Copper & Mining Enhanced Income ETF (KCOP) 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.

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.

	KCOP	COPP	Difference
Sharpe ratio: Return per unit of total volatility	—	1.42	—
Sortino ratio: Return per unit of downside risk	—	1.90	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	2.23	—
Martin ratio: Return relative to average drawdown	—	6.66	—

Drawdowns

KCOP vs. COPP - Drawdown Comparison

The maximum KCOP drawdown since its inception was -21.55%, smaller than the maximum COPP drawdown of -44.37%. Use the drawdown chart below to compare losses from any high point for KCOP and COPP.

Drawdown Indicators

	KCOP	COPP	Difference
Max Drawdown Largest peak-to-trough decline	-21.55%	-44.37%	+22.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.91%	—
Current Drawdown Current decline from peak	-14.77%	-20.18%	+5.41%
Average Drawdown Average peak-to-trough decline	-9.34%	-14.01%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.68%	—

Volatility

Volatility by Period

	KCOP	COPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	43.26%	45.64%	-2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.26%	41.67%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.26%	41.67%	+1.59%

KCOP vs. COPP - Expense Ratio Comparison

KCOP has a 0.99% expense ratio, which is higher than COPP's 0.65% expense ratio.

Dividends

KCOP vs. COPP - Dividend Comparison

KCOP's dividend yield for the trailing twelve months is around 6.87%, more than COPP's 2.26% yield.

Position	TTM	2025	2024
COPP Sprott Copper Miners ETF	2.26%	2.37%	2.59%
KCOP Kurv Copper & Mining Enhanced Income ETF	6.87%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KCOP and COPP in my portfolio?

With a correlation of 0.96, KCOP and COPP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, KCOP or COPP?

On fees, COPP is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KCOP or COPP?

COPP is cheaper with a 0.65% expense ratio, compared with 0.99% for KCOP.

Which ETF pays a higher dividend yield, KCOP or COPP?

KCOP has the higher dividend yield at 6.87%, compared with 2.26% for COPP.

What is the main difference between KCOP and COPP?

They also come from different issuers: Kurv and Sprott. Their fees differ too: 0.99% for KCOP and 0.65% for COPP.