KCOP vs. CPXR

Last updated Aug 6, 2026

KCOP (Kurv Copper & Mining Enhanced Income ETF) and CPXR (USCF Daily Target 2X Copper Index ETF) are both Copper funds. KCOP is actively managed, while CPXR is passively managed. Their correlation of 0.91 means they have usually moved in the same direction. KCOP charges 0.99%/yr vs 1.20%/yr for CPXR.

Performance

KCOP vs. CPXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Copper & Mining Enhanced Income ETF (KCOP) and USCF Daily Target 2X Copper Index ETF (CPXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KCOP

• 1D: 2.74%
• 1M: 9.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

CPXR

• 1D: 3.26%
• 1M: 15.54%
• 6M: 20.74%
• YTD: 27.54%
• 1Y: 100.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.98%

*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)
CPXR USCF Daily Target 2X Copper Index ETF	$415.90K	$409.90K	$731.06K
KCOP Kurv Copper & Mining Enhanced Income ETF	$323.94K	$335.89K	$555.57K

KCOP vs. CPXR - Yearly Performance Comparison

	2026 (YTD)
KCOP Kurv Copper & Mining Enhanced Income ETF	4.55%
CPXR USCF Daily Target 2X Copper Index ETF	25.97%

Correlation

The correlation between KCOP and CPXR is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 13, 2026	0.91

Return for Risk

KCOP vs. CPXR — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

CPXR

CPXR Risk / Return Rank: 67
CPXR Sharpe Ratio Rank: 69
CPXR Sortino Ratio Rank: 59
CPXR Omega Ratio Rank: 61
CPXR Calmar Ratio Rank: 79
CPXR Martin Ratio Rank: 67

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.

KCOP vs. CPXR - Risk-Adjusted Trends Comparison

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

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	CPXR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.83	—
Sortino ratio: Return per unit of downside risk	—	2.29	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	3.20	—
Martin ratio: Return relative to average drawdown	—	9.25	—

Drawdowns

KCOP vs. CPXR - Drawdown Comparison

The maximum KCOP drawdown since its inception was -21.55%, smaller than the maximum CPXR drawdown of -47.87%. Use the drawdown chart below to compare losses from any high point for KCOP and CPXR.

Drawdown Indicators

	KCOP	CPXR	Difference
Max Drawdown Largest peak-to-trough decline	-21.55%	-47.87%	+26.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.64%	—
Current Drawdown Current decline from peak	-4.37%	-0.47%	-3.90%
Average Drawdown Average peak-to-trough decline	-9.58%	-18.84%	+9.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.90%	—

Volatility

Volatility by Period

	KCOP	CPXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.38%	55.38%	-13.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.38%	66.72%	-24.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.38%	66.72%	-24.34%

KCOP vs. CPXR - Expense Ratio Comparison

KCOP has a 0.99% expense ratio, which is lower than CPXR's 1.20% expense ratio.

Dividends

KCOP vs. CPXR - Dividend Comparison

KCOP's dividend yield for the trailing twelve months is around 6.12%, more than CPXR's 0.55% yield.

Position	TTM	2025
CPXR USCF Daily Target 2X Copper Index ETF	0.55%	0.70%
KCOP Kurv Copper & Mining Enhanced Income ETF	6.12%	0.00%

Frequently Asked Questions

Can I hold both KCOP and CPXR in my portfolio?

With a correlation of 0.91, KCOP and CPXR 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 CPXR?

On fees, KCOP is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KCOP or CPXR?

KCOP is cheaper with a 0.99% expense ratio, compared with 1.20% for CPXR.

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

KCOP has the higher dividend yield at 6.12%, compared with 0.55% for CPXR.

What is the main difference between KCOP and CPXR?

They also come from different issuers: Kurv and USCF. Their fees differ too: 0.99% for KCOP and 1.20% for CPXR.