REMX.L vs. COPA.L
REMX.L (VanEck Rare Earth and Strategic Metals UCITS ETF A USD (Acc)) and COPA.L (WisdomTree Copper) are both exchange-traded funds - REMX.L is a Metals fund tracking the MVIS Global Rare Earth/Strategic Metals Index, while COPA.L is a Copper fund tracking the Bloomberg Copper Subindex. Both are passively managed. Over the past 3 years, REMX.L returned -5.20%/yr vs 16.53%/yr for COPA.L. At a 0.47 correlation, their price movements are largely independent. REMX.L charges 0.59%/yr vs 0.49%/yr for COPA.L.
Performance
REMX.L vs. COPA.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, REMX.L achieves a -2.56% return, which is significantly lower than COPA.L's 8.58% return.
REMX.L
- 1D
- -3.69%
- 1M
- -26.89%
- 6M
- -19.33%
- YTD
- -2.56%
- 1Y
- 49.63%
- 3Y*
- -5.20%
- 5Y*
- —
- 10Y*
- —
COPA.L
- 1D
- -1.62%
- 1M
- -4.13%
- 6M
- 6.04%
- YTD
- 8.58%
- 1Y
- 10.77%
- 3Y*
- 16.53%
- 5Y*
- 7.06%
- 10Y*
- 9.20%
REMX.L vs. COPA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
REMX.L VanEck Rare Earth and Strategic Metals UCITS ETF A USD (Acc) | -2.56% | 88.79% | -35.65% | -18.38% | -30.93% | 7.28% |
COPA.L WisdomTree Copper | 8.58% | 36.38% | 4.81% | 2.66% | -13.57% | 4.57% |
Correlation
The correlation between REMX.L and COPA.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021 | 0.47 |
The correlation between REMX.L and COPA.L has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
REMX.L vs. COPA.L — Risk / Return Rank
REMX.L
COPA.L
REMX.L vs. COPA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A USD (Acc) (REMX.L) and WisdomTree Copper (COPA.L). 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.
| REMX.L | COPA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.10 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 0.42 | +0.99 |
| Martin ratioReturn relative to average drawdown | 4.46 | 0.90 | +3.56 |
Loading charts...
Drawdowns
REMX.L vs. COPA.L - Drawdown Comparison
The maximum REMX.L drawdown since its inception was -73.21%, which is greater than COPA.L's maximum drawdown of -67.44%. Use the drawdown chart below to compare losses from any high point for REMX.L and COPA.L.
Loading charts...
Drawdown Indicators
| REMX.L | COPA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.21% | -67.44% | -5.77% |
Max Drawdown (1Y)Largest decline over 1 year | -34.86% | -25.25% | -9.61% |
Max Drawdown (3Y)Largest decline over 3 years | -60.13% | -25.25% | -34.88% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.76% | — |
Current DrawdownCurrent decline from peak | -41.93% | -6.85% | -35.08% |
Average DrawdownAverage peak-to-trough decline | -41.58% | -33.05% | -8.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.09% | 11.95% | -0.86% |
Volatility
REMX.L vs. COPA.L - Volatility Comparison
VanEck Rare Earth and Strategic Metals UCITS ETF A USD (Acc) (REMX.L) has a higher volatility of 11.57% compared to WisdomTree Copper (COPA.L) at 7.47%. This indicates that REMX.L's price experiences larger fluctuations and is considered to be riskier than COPA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| REMX.L | COPA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.57% | 7.47% | +4.10% |
Volatility (6M)Calculated over the trailing 6-month period | 34.30% | 18.42% | +15.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.11% | 32.46% | +14.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.72% | 26.26% | +28.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.72% | 23.27% | +31.45% |
REMX.L vs. COPA.L - Expense Ratio Comparison
REMX.L has a 0.59% expense ratio, which is higher than COPA.L's 0.49% expense ratio.
Dividends
REMX.L vs. COPA.L - Dividend Comparison
Neither REMX.L nor COPA.L has paid dividends to shareholders.
Frequently Asked Questions
REMX.L and COPA.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COPA.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COPA.L is cheaper with a 0.49% expense ratio, compared with 0.59% for REMX.L.
REMX.L is categorized as Metals, while COPA.L is Copper. REMX.L tracks MVIS Global Rare Earth/Strategic Metals Index, while COPA.L tracks Bloomberg Copper Subindex. They also come from different issuers: VanEck and WisdomTree. Their fees differ too: 0.59% for REMX.L and 0.49% for COPA.L.
Find the right allocation for REMX.L and COPA.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer