KCOP vs. YCS

Last updated Jun 4, 2026

KCOP (Kurv Copper & Mining Enhanced Income ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - KCOP is a Derivative Income fund actively managed by Kurv, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). KCOP is actively managed, while YCS is passively managed. At a correlation of -0.41, they often move in opposite directions. KCOP charges 0.99%/yr vs 1.00%/yr for YCS.

Performance

KCOP vs. YCS - Performance Comparison

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

Returns By Period

KCOP

• 1D: -3.46%
• 1M: 14.96%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCS

• 1D: 0.17%
• 1M: 4.42%
• YTD: 7.17%
• 6M: 10.05%
• 1Y: 32.82%
• 3Y*: 19.84%
• 5Y*: 23.54%
• 10Y*: 12.34%

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

KCOP vs. YCS - Yearly Performance Comparison

	2026 (YTD)
KCOP Kurv Copper & Mining Enhanced Income ETF	4.75%
YCS ProShares UltraShort Yen	11.91%

Correlation

The correlation between KCOP and YCS is -0.41, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 17, 2026	-0.41

Return for Risk

KCOP vs. YCS — Risk / Return Rank

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

YCS

YCS Risk / Return Rank: 61
YCS Sharpe Ratio Rank: 56
YCS Sortino Ratio Rank: 49
YCS Omega Ratio Rank: 56
YCS Calmar Ratio Rank: 78
YCS Martin Ratio Rank: 67

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. YCS - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	KCOP	YCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.92	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.33	+0.07

Drawdowns

KCOP vs. YCS - Drawdown Comparison

The maximum KCOP drawdown since its inception was -21.55%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for KCOP and YCS.

Drawdown Indicators

	KCOP	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-21.55%	-49.56%	+28.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	-3.46%	0.00%	-3.46%
Average Drawdown Average peak-to-trough decline	-8.60%	-19.93%	+11.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.66%	—

Volatility

Volatility by Period

	KCOP	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.13%	17.27%	+24.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.13%	21.10%	+21.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.13%	19.01%	+23.12%

KCOP vs. YCS - Expense Ratio Comparison

KCOP has a 0.99% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

KCOP vs. YCS - Dividend Comparison

KCOP's dividend yield for the trailing twelve months is around 3.54%, while YCS has not paid dividends to shareholders.

Position	TTM
KCOP Kurv Copper & Mining Enhanced Income ETF	3.54%
YCS ProShares UltraShort Yen	0.00%

Frequently Asked Questions

Can I hold both KCOP and YCS in my portfolio?

KCOP and YCS have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KCOP or YCS?

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 YCS?

KCOP is cheaper with a 0.99% expense ratio, compared with 1.00% for YCS.

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

KCOP has the higher dividend yield at 3.54%, compared with 0.00% for YCS.

What is the main difference between KCOP and YCS?

KCOP is categorized as Derivative Income, while YCS is Leveraged Currency. They also come from different issuers: Kurv and ProShares. Their fees differ too: 0.99% for KCOP and 1.00% for YCS.