NGLOY vs. COPX
NGLOY (Anglo American plc ADR) is a stock, while COPX (Global X Copper Miners ETF) is Copper fund tracking the Solactive Global Copper Miners Total Return Index. Over the past 10 years, NGLOY returned 24.31%/yr vs 20.79%/yr for COPX. A 0.76 correlation means they provide meaningful diversification when combined.
Performance
NGLOY vs. COPX - Performance Comparison
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Returns By Period
In the year-to-date period, NGLOY achieves a 18.85% return, which is significantly higher than COPX's 6.53% return. Over the past 10 years, NGLOY has outperformed COPX with an annualized return of 24.31%, while COPX has yielded a comparatively lower 20.79% annualized 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%
COPX
- 1D
- 1.03%
- 1M
- -12.60%
- YTD
- 6.53%
- 6M
- 6.13%
- 1Y
- 83.12%
- 3Y*
- 29.22%
- 5Y*
- 17.91%
- 10Y*
- 20.79%
NGLOY vs. COPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGLOY Anglo American plc ADR | 18.85% | 45.24% | 21.97% | -33.36% | 2.18% | 30.09% | 20.20% | 36.97% | 11.43% | 50.83% |
COPX Global X Copper Miners ETF | 6.53% | 93.50% | 3.57% | 8.38% | -0.76% | 23.39% | 51.66% | 12.48% | -31.31% | 38.92% |
Correlation
The correlation between NGLOY and COPX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2010 | 0.76 |
The correlation between NGLOY and COPX has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.
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Return for Risk
NGLOY vs. COPX — Risk / Return Rank
NGLOY
COPX
NGLOY vs. COPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Anglo American plc ADR (NGLOY) 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.
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 | COPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.30 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 3.00 | +0.12 |
| Martin ratioReturn relative to average drawdown | 9.95 | 8.96 | +0.99 |
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Drawdowns
NGLOY vs. COPX - Drawdown Comparison
The maximum NGLOY drawdown since its inception was -92.97%, which is greater than COPX's maximum drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for NGLOY and COPX.
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Drawdown Indicators
| NGLOY | COPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.97% | -83.16% | -9.81% |
Max Drawdown (1Y)Largest decline over 1 year | -25.75% | -27.82% | +2.07% |
Max Drawdown (3Y)Largest decline over 3 years | -32.78% | -39.72% | +6.94% |
Max Drawdown (5Y)Largest decline over 5 years | -58.28% | -42.12% | -16.16% |
Max Drawdown (10Y)Largest decline over 10 years | -58.28% | -65.41% | +7.13% |
Current DrawdownCurrent decline from peak | -15.11% | -20.08% | +4.97% |
Average DrawdownAverage peak-to-trough decline | -40.04% | -39.23% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.05% | 9.30% | -1.25% |
Volatility
NGLOY vs. COPX - Volatility Comparison
The current volatility for Anglo American plc ADR (NGLOY) is 15.64%, while Global X Copper Miners ETF (COPX) has a volatility of 18.86%. This indicates that NGLOY 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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Volatility by Period
| NGLOY | COPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.64% | 18.86% | -3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 32.64% | 39.30% | -6.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.42% | 44.69% | -3.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.22% | 37.09% | +6.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.92% | 35.76% | +7.16% |
Dividends
NGLOY vs. COPX - Dividend Comparison
NGLOY's dividend yield for the trailing twelve months is around 0.47%, less than COPX's 2.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COPX Global X Copper Miners ETF | 2.51% | 2.68% | 1.80% | 2.39% | 3.14% | 1.48% | 1.30% | 1.37% | 2.59% | 1.57% | 0.60% | 1.20% |
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
NGLOY and COPX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COPX has higher volatility (18.86%) compared to NGLOY (15.64%). In terms of maximum drawdown, NGLOY dropped -92.97% vs COPX's -83.16%.
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.
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