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SLX vs. CPER
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SLX and CPER is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

SLX vs. CPER - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Steel ETF (SLX) and United States Copper Index Fund (CPER). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%100.00%120.00%NovemberDecember2025FebruaryMarchApril
81.19%
21.56%
SLX
CPER

Key characteristics

Sharpe Ratio

SLX:

-0.45

CPER:

0.32

Sortino Ratio

SLX:

-0.50

CPER:

0.63

Omega Ratio

SLX:

0.94

CPER:

1.08

Calmar Ratio

SLX:

-0.44

CPER:

0.41

Martin Ratio

SLX:

-1.12

CPER:

0.69

Ulcer Index

SLX:

10.81%

CPER:

12.93%

Daily Std Dev

SLX:

26.89%

CPER:

27.68%

Max Drawdown

SLX:

-82.14%

CPER:

-54.04%

Current Drawdown

SLX:

-16.40%

CPER:

-6.53%

Returns By Period

In the year-to-date period, SLX achieves a 3.40% return, which is significantly lower than CPER's 21.66% return. Over the past 10 years, SLX has outperformed CPER with an annualized return of 9.48%, while CPER has yielded a comparatively lower 5.23% annualized return.


SLX

YTD

3.40%

1M

-5.94%

6M

-6.66%

1Y

-9.77%

5Y*

27.43%

10Y*

9.48%

CPER

YTD

21.66%

1M

-6.33%

6M

11.76%

1Y

9.60%

5Y*

15.74%

10Y*

5.23%

*Annualized

Compare stocks, funds, or ETFs

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SLX vs. CPER - Expense Ratio Comparison

SLX has a 0.56% expense ratio, which is lower than CPER's 0.80% expense ratio.


Expense ratio chart for CPER: current value is 0.80%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CPER: 0.80%
Expense ratio chart for SLX: current value is 0.56%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SLX: 0.56%

Risk-Adjusted Performance

SLX vs. CPER — Risk-Adjusted Performance Rank

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

SLX
The Risk-Adjusted Performance Rank of SLX is 55
Overall Rank
The Sharpe Ratio Rank of SLX is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of SLX is 66
Sortino Ratio Rank
The Omega Ratio Rank of SLX is 66
Omega Ratio Rank
The Calmar Ratio Rank of SLX is 33
Calmar Ratio Rank
The Martin Ratio Rank of SLX is 55
Martin Ratio Rank

CPER
The Risk-Adjusted Performance Rank of CPER is 4747
Overall Rank
The Sharpe Ratio Rank of CPER is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of CPER is 4949
Sortino Ratio Rank
The Omega Ratio Rank of CPER is 4747
Omega Ratio Rank
The Calmar Ratio Rank of CPER is 5757
Calmar Ratio Rank
The Martin Ratio Rank of CPER is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SLX vs. CPER - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Steel ETF (SLX) and United States Copper Index Fund (CPER). 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.


The chart of Sharpe ratio for SLX, currently valued at -0.45, compared to the broader market-1.000.001.002.003.004.00
SLX: -0.45
CPER: 0.32
The chart of Sortino ratio for SLX, currently valued at -0.50, compared to the broader market-2.000.002.004.006.008.00
SLX: -0.50
CPER: 0.63
The chart of Omega ratio for SLX, currently valued at 0.94, compared to the broader market0.501.001.502.00
SLX: 0.94
CPER: 1.08
The chart of Calmar ratio for SLX, currently valued at -0.44, compared to the broader market0.002.004.006.008.0010.0012.00
SLX: -0.44
CPER: 0.41
The chart of Martin ratio for SLX, currently valued at -1.12, compared to the broader market0.0020.0040.0060.00
SLX: -1.12
CPER: 0.69

The current SLX Sharpe Ratio is -0.45, which is lower than the CPER Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of SLX and CPER, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.45
0.32
SLX
CPER

Dividends

SLX vs. CPER - Dividend Comparison

SLX's dividend yield for the trailing twelve months is around 3.44%, while CPER has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
SLX
VanEck Vectors Steel ETF
3.44%3.55%2.80%4.97%7.07%1.87%2.77%6.26%2.44%1.06%5.35%3.27%
CPER
United States Copper Index Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SLX vs. CPER - Drawdown Comparison

The maximum SLX drawdown since its inception was -82.14%, which is greater than CPER's maximum drawdown of -54.04%. Use the drawdown chart below to compare losses from any high point for SLX and CPER. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-16.40%
-6.53%
SLX
CPER

Volatility

SLX vs. CPER - Volatility Comparison

VanEck Vectors Steel ETF (SLX) and United States Copper Index Fund (CPER) have volatilities of 15.76% and 15.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
15.76%
15.16%
SLX
CPER