NGLOY vs. COPJ

Last updated Jun 26, 2026

NGLOY (Anglo American plc ADR) is a stock, while COPJ (Sprott Junior Copper Miners ETF) is Copper fund tracking the Nasdaq Sprott Junior Copper Miners Index. Over the past 3 years, NGLOY returned 22.58%/yr vs 37.63%/yr for COPJ. A 0.67 correlation means they provide meaningful diversification when combined.

Performance

NGLOY vs. COPJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anglo American plc ADR (NGLOY) and Sprott Junior Copper Miners ETF (COPJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NGLOY achieves a 18.85% return, which is significantly higher than COPJ's -2.32% return.

NGLOY

• 1D: 2.94%
• 1M: -8.62%
• YTD: 18.85%
• 6M: 21.79%
• 1Y: 79.92%
• 3Y*: 22.58%
• 5Y*: 8.32%
• 10Y*: 24.31%

COPJ

• 1D: 0.97%
• 1M: -13.46%
• YTD: -2.32%
• 6M: -1.61%
• 1Y: 83.68%
• 3Y*: 37.63%
• 5Y*: —
• 10Y*: —

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

NGLOY vs. COPJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NGLOY Anglo American plc ADR	18.85%	45.24%	21.97%	-38.27%
COPJ Sprott Junior Copper Miners ETF	-2.32%	140.63%	11.07%	-6.47%

Correlation

The correlation between NGLOY and COPJ is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023	0.67

The correlation between NGLOY and COPJ has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.

Return for Risk

NGLOY vs. COPJ — Risk / Return Rank

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

NGLOY

NGLOY Risk / Return Rank: 86
NGLOY Sharpe Ratio Rank: 89
NGLOY Sortino Ratio Rank: 86
NGLOY Omega Ratio Rank: 83
NGLOY Calmar Ratio Rank: 85
NGLOY Martin Ratio Rank: 88

COPJ

COPJ Risk / Return Rank: 57
COPJ Sharpe Ratio Rank: 66
COPJ Sortino Ratio Rank: 54
COPJ Omega Ratio Rank: 57
COPJ Calmar Ratio Rank: 61
COPJ Martin Ratio Rank: 48

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.

NGLOY vs. COPJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anglo American plc ADR (NGLOY) and Sprott Junior Copper Miners ETF (COPJ). 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.

	NGLOY	COPJ	Difference
Sharpe ratio: Return per unit of total volatility	1.94	1.87	+0.07
Sortino ratio: Return per unit of downside risk	2.56	2.27	+0.30
Omega ratio: Gain probability vs. loss probability	1.31	1.31	0.00
Calmar ratio: Return relative to maximum drawdown	3.12	2.61	+0.51
Martin ratio: Return relative to average drawdown	9.95	6.97	+2.98

NGLOY vs. COPJ - Sharpe Ratio Comparison

The current NGLOY Sharpe Ratio is 1.94, which is comparable to the COPJ Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of NGLOY and COPJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NGLOY vs. COPJ - Drawdown Comparison

The maximum NGLOY drawdown since its inception was -92.97%, which is greater than COPJ's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for NGLOY and COPJ.

Drawdown Indicators

	NGLOY	COPJ	Difference
Max Drawdown Largest peak-to-trough decline	-92.97%	-32.28%	-60.69%
Max Drawdown (1Y) Largest decline over 1 year	-25.75%	-32.28%	+6.53%
Max Drawdown (3Y) Largest decline over 3 years	-32.78%	-32.28%	-0.50%
Max Drawdown (5Y) Largest decline over 5 years	-58.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-58.28%	—	—
Current Drawdown Current decline from peak	-15.11%	-25.33%	+10.22%
Average Drawdown Average peak-to-trough decline	-40.04%	-12.04%	-28.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.05%	12.04%	-3.99%

Volatility

NGLOY vs. COPJ - Volatility Comparison

The current volatility for Anglo American plc ADR (NGLOY) is 15.64%, while Sprott Junior Copper Miners ETF (COPJ) has a volatility of 18.93%. This indicates that NGLOY experiences smaller price fluctuations and is considered to be less risky than COPJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NGLOY	COPJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.64%	18.93%	-3.29%
Volatility (6M) Calculated over the trailing 6-month period	32.64%	38.69%	-6.05%
Volatility (1Y) Calculated over the trailing 1-year period	41.42%	45.03%	-3.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.22%	35.69%	+7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.92%	35.69%	+7.23%

Dividends

NGLOY vs. COPJ - Dividend Comparison

NGLOY's dividend yield for the trailing twelve months is around 0.47%, less than COPJ's 11.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COPJ Sprott Junior Copper Miners ETF	11.85%	11.57%	11.64%	2.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NGLOY Anglo American plc ADR	0.47%	0.69%	2.81%	5.17%	7.45%	6.24%	2.06%	3.67%	4.35%	2.16%	0.00%	19.68%

Frequently Asked Questions

Can I hold both NGLOY and COPJ in my portfolio?

NGLOY and COPJ have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NGLOY or COPJ?

COPJ has higher volatility (18.93%) compared to NGLOY (15.64%). In terms of maximum drawdown, NGLOY dropped -92.97% vs COPJ's -32.28%.

Which has better risk-adjusted returns?

NGLOY currently has the higher Sharpe Ratio (1.94 vs 1.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.