SCOP vs. SGDJ

Last updated Jun 8, 2026

SCOP (Sprott Physical Copper Trust) and SGDJ (Sprott Junior Gold Miners ETF) are both exchange-traded funds - SCOP is a Commodities fund actively managed by Sprott, while SGDJ is a Materials fund tracking the Solactive Junior Gold Miners Custom Factors Index. SCOP is actively managed, while SGDJ is passively managed. At a 0.30 correlation, their price movements are largely independent. SCOP charges 1.30%/yr vs 0.50%/yr for SGDJ.

Performance

SCOP vs. SGDJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Physical Copper Trust (SCOP) and Sprott Junior Gold Miners ETF (SGDJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCOP

• 1D: -6.13%
• 1M: -3.20%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGDJ

• 1D: -9.79%
• 1M: -17.93%
• YTD: -7.68%
• 6M: 0.99%
• 1Y: 67.24%
• 3Y*: 44.58%
• 5Y*: 14.87%
• 10Y*: 10.84%

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

SCOP vs. SGDJ - Yearly Performance Comparison

	2026 (YTD)
SCOP Sprott Physical Copper Trust	2.27%
SGDJ Sprott Junior Gold Miners ETF	-9.28%

Correlation

The correlation between SCOP and SGDJ is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.30

Return for Risk

SCOP vs. SGDJ — Risk / Return Rank

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

SGDJ

SGDJ Risk / Return Rank: 35
SGDJ Sharpe Ratio Rank: 36
SGDJ Sortino Ratio Rank: 32
SGDJ Omega Ratio Rank: 36
SGDJ Calmar Ratio Rank: 39
SGDJ Martin Ratio Rank: 33

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.

SCOP vs. SGDJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Copper Trust (SCOP) and Sprott Junior Gold Miners ETF (SGDJ). 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

	SCOP	SGDJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.33	+0.30

Drawdowns

SCOP vs. SGDJ - Drawdown Comparison

The maximum SCOP drawdown since its inception was -11.09%, smaller than the maximum SGDJ drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for SCOP and SGDJ.

Drawdown Indicators

	SCOP	SGDJ	Difference
Max Drawdown Largest peak-to-trough decline	-11.09%	-59.27%	+48.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-54.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.27%	—
Current Drawdown Current decline from peak	-9.72%	-32.69%	+22.97%
Average Drawdown Average peak-to-trough decline	-4.48%	-26.25%	+21.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.77%	—

Volatility

Volatility by Period

	SCOP	SGDJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	41.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	45.24%	49.35%	-4.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.24%	40.50%	+4.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.24%	40.85%	+4.39%

SCOP vs. SGDJ - Expense Ratio Comparison

SCOP has a 1.30% expense ratio, which is higher than SGDJ's 0.50% expense ratio.

Dividends

SCOP vs. SGDJ - Dividend Comparison

SCOP has not paid dividends to shareholders, while SGDJ's dividend yield for the trailing twelve months is around 9.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCOP Sprott Physical Copper Trust	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGDJ Sprott Junior Gold Miners ETF	9.07%	8.37%	6.55%	4.55%	2.46%	2.20%	1.97%	0.65%	0.00%	0.14%	1.77%	0.85%

Frequently Asked Questions

Can I hold both SCOP and SGDJ in my portfolio?

SCOP and SGDJ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCOP or SGDJ?

On fees, SGDJ is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCOP or SGDJ?

SGDJ is cheaper with a 0.50% expense ratio, compared with 1.30% for SCOP.

Which ETF pays a higher dividend yield, SCOP or SGDJ?

SGDJ has the higher dividend yield at 9.07%, compared with 0.00% for SCOP.

What is the main difference between SCOP and SGDJ?

SCOP is categorized as Commodities, while SGDJ is Materials. Their fees differ too: 1.30% for SCOP and 0.50% for SGDJ.