SNSR vs. COPX

Last updated Jun 26, 2026

SNSR (Global X Internet of Things ETF) and COPX (Global X Copper Miners ETF) are both exchange-traded funds - SNSR is a Technology Equities fund tracking the Indxx Global Internet of Things Thematic Index, while COPX is a Copper fund tracking the Solactive Global Copper Miners Total Return Index. Both are passively managed. Over the past 5 years, SNSR returned 7.34%/yr vs 17.91%/yr for COPX. A 0.56 correlation means they provide meaningful diversification when combined. SNSR charges 0.68%/yr vs 0.65%/yr for COPX.

Performance

SNSR vs. COPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Internet of Things ETF (SNSR) and Global X Copper Miners ETF (COPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNSR achieves a 32.97% return, which is significantly higher than COPX's 6.53% return.

SNSR

• 1D: 0.47%
• 1M: -5.99%
• YTD: 32.97%
• 6M: 31.47%
• 1Y: 33.45%
• 3Y*: 14.85%
• 5Y*: 7.34%
• 10Y*: —

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%

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

SNSR vs. COPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNSR Global X Internet of Things ETF	32.97%	6.46%	-0.45%	23.06%	-25.50%	23.66%	35.05%	47.90%	-17.66%	28.59%
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 SNSR and COPX is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (All Time) Calculated using the full available price history since Sep 16, 2016	0.56

The correlation between SNSR and COPX has been stable across timeframes, ranging from 0.51 to 0.56 - a consistent structural relationship.

SNSR vs. COPX - Sectors Allocation Comparison

Sectors	SNSR	COPX
Technology	80.5%	-
Industrials	13.6%	3.3%
Healthcare	5.1%	-
Communication Services	0.8%	-
Basic Materials	0.2%	96.7%
Utilities	0.1%	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	-

Return for Risk

SNSR vs. COPX — Risk / Return Rank

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

SNSR

SNSR Risk / Return Rank: 44
SNSR Sharpe Ratio Rank: 40
SNSR Sortino Ratio Rank: 38
SNSR Omega Ratio Rank: 38
SNSR Calmar Ratio Rank: 54
SNSR Martin Ratio Rank: 47

COPX

COPX Risk / Return Rank: 61
COPX Sharpe Ratio Rank: 66
COPX Sortino Ratio Rank: 54
COPX Omega Ratio Rank: 55
COPX Calmar Ratio Rank: 69
COPX Martin Ratio Rank: 58

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.

SNSR vs. COPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Internet of Things ETF (SNSR) 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.

	SNSR	COPX	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.87	-0.59
Sortino ratio: Return per unit of downside risk	1.81	2.27	-0.47
Omega ratio: Gain probability vs. loss probability	1.23	1.30	-0.07
Calmar ratio: Return relative to maximum drawdown	2.35	3.00	-0.65
Martin ratio: Return relative to average drawdown	6.86	8.96	-2.10

SNSR vs. COPX - Sharpe Ratio Comparison

The current SNSR Sharpe Ratio is 1.28, which is lower than the COPX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of SNSR and COPX, 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

SNSR vs. COPX - Drawdown Comparison

The maximum SNSR drawdown since its inception was -38.46%, smaller than the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for SNSR and COPX.

Drawdown Indicators

	SNSR	COPX	Difference
Max Drawdown Largest peak-to-trough decline	-38.46%	-83.16%	+44.70%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-27.82%	+13.52%
Max Drawdown (3Y) Largest decline over 3 years	-28.32%	-39.72%	+11.40%
Max Drawdown (5Y) Largest decline over 5 years	-38.03%	-42.12%	+4.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-65.41%	—
Current Drawdown Current decline from peak	-8.66%	-20.08%	+11.42%
Average Drawdown Average peak-to-trough decline	-9.48%	-39.23%	+29.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	9.30%	-4.41%

Volatility

SNSR vs. COPX - Volatility Comparison

The current volatility for Global X Internet of Things ETF (SNSR) is 13.22%, while Global X Copper Miners ETF (COPX) has a volatility of 18.86%. This indicates that SNSR 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.

Volatility by Period

	SNSR	COPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.22%	18.86%	-5.64%
Volatility (6M) Calculated over the trailing 6-month period	21.71%	39.30%	-17.59%
Volatility (1Y) Calculated over the trailing 1-year period	26.28%	44.69%	-18.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.69%	37.09%	-11.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.88%	35.76%	-10.88%

SNSR vs. COPX - Expense Ratio Comparison

SNSR has a 0.68% expense ratio, which is higher than COPX's 0.65% expense ratio.

Dividends

SNSR vs. COPX - Dividend Comparison

SNSR's dividend yield for the trailing twelve months is around 0.41%, 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%
SNSR Global X Internet of Things ETF	0.41%	0.54%	0.73%	0.74%	0.82%	0.43%	0.21%	1.12%	1.25%	1.11%	0.31%	0.00%

Frequently Asked Questions

Can I hold both SNSR and COPX in my portfolio?

SNSR and COPX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNSR or COPX?

COPX has higher volatility (18.86%) compared to SNSR (13.22%). In terms of maximum drawdown, SNSR dropped -38.46% vs COPX's -83.16%.

Which ETF is better, SNSR or COPX?

On 5-year performance, COPX leads with 17.91% vs 7.34% for SNSR. On fees, COPX is cheaper at 0.65% per year. On volatility, SNSR has been the lower-risk option at 13.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNSR or COPX?

Over the 5-year period, COPX has performed better with a 17.91% return vs 7.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNSR or COPX?

COPX is cheaper with a 0.65% expense ratio, compared with 0.68% for SNSR.

Which ETF pays a higher dividend yield, SNSR or COPX?

COPX has the higher dividend yield at 2.51%, compared with 0.41% for SNSR.

What is the main difference between SNSR and COPX?

SNSR is categorized as Technology Equities, while COPX is Copper. SNSR tracks Indxx Global Internet of Things Thematic Index, while COPX tracks Solactive Global Copper Miners Total Return Index. Their fees differ too: 0.68% for SNSR and 0.65% for COPX.

Which has better risk-adjusted returns?

COPX currently has the higher Sharpe Ratio (1.87 vs 1.28), 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.