UGRW.L vs. COPA.L
UGRW.L (WisdomTree UK Quality Dividend Growth UCITS ETF GBP) and COPA.L (WisdomTree Copper) are both exchange-traded funds - UGRW.L is a UK Equities fund tracking the WisdomTree U.K. Quality Dividend Growth Index, while COPA.L is a Copper fund tracking the Bloomberg Copper Subindex. Both are passively managed. Over the past year, UGRW.L returned 14.26% vs 10.65% for COPA.L. Their 0.22 correlation means their historical movements had little consistent relationship. UGRW.L charges 0.29%/yr vs 0.49%/yr for COPA.L.
Performance
UGRW.L vs. COPA.L - Performance Comparison
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Different Trading Currencies
UGRW.L is traded in GBp, while COPA.L is traded in USD. To make them comparable, the COPA.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, UGRW.L achieves a 10.69% return, which is significantly lower than COPA.L's 11.66% return.
UGRW.L
- 1D
- 1.61%
- 1M
- 5.43%
- 6M
- 7.81%
- YTD
- 10.69%
- 1Y
- 14.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 525.30%
COPA.L
- 1D
- -0.51%
- 1M
- 2.07%
- 6M
- 11.03%
- YTD
- 11.66%
- 1Y
- 10.65%
- 3Y*
- 14.82%
- 5Y*
- 7.45%
- 10Y*
- 9.47%
- ALL TIME*
- 3.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
COPA.L WisdomTree Copper | £2.60M | £2.15M | £3.98M |
| £13.81K | £17.79K | £18.51K |
UGRW.L vs. COPA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UGRW.L WisdomTree UK Quality Dividend Growth UCITS ETF GBP | 10.69% | 11.29% | 5.06% | 10,955.68% |
COPA.L WisdomTree Copper | 11.66% | 26.67% | 6.64% | 3.67% |
Correlation
The correlation between UGRW.L and COPA.L is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2023 | 0.22 |
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Return for Risk
UGRW.L vs. COPA.L — Risk / Return Rank
UGRW.L
COPA.L
UGRW.L vs. COPA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree UK Quality Dividend Growth UCITS ETF GBP (UGRW.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.
| UGRW.L | COPA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.11 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 0.48 | +1.12 |
| Martin ratioReturn relative to average drawdown | 5.81 | 1.07 | +4.74 |
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Drawdowns
UGRW.L vs. COPA.L - Drawdown Comparison
The maximum UGRW.L drawdown since its inception was -15.40%, smaller than the maximum COPA.L drawdown of -58.33%. Use the drawdown chart below to compare losses from any high point for UGRW.L and COPA.L.
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Drawdown Indicators
| UGRW.L | COPA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.40% | -58.33% | +42.93% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -22.05% | +13.11% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.82% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.80% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.28% | — |
Current DrawdownCurrent decline from peak | 0.00% | -4.25% | +4.25% |
Average DrawdownAverage peak-to-trough decline | -2.25% | -25.59% | +23.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 9.92% | -7.45% |
Volatility
UGRW.L vs. COPA.L - Volatility Comparison
The current volatility for WisdomTree UK Quality Dividend Growth UCITS ETF GBP (UGRW.L) is 3.86%, while WisdomTree Copper (COPA.L) has a volatility of 7.23%. This indicates that UGRW.L experiences smaller price fluctuations and is considered to be less risky than COPA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UGRW.L | COPA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 7.23% | -3.37% |
Volatility (6M)Calculated over the trailing 6-month period | 10.98% | 17.25% | -6.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.15% | 31.73% | -18.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6,033.07% | 24.69% | +6,008.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6,033.07% | 22.54% | +6,010.53% |
UGRW.L vs. COPA.L - Expense Ratio Comparison
UGRW.L has a 0.29% expense ratio, which is lower than COPA.L's 0.49% expense ratio.
Dividends
UGRW.L vs. COPA.L - Dividend Comparison
UGRW.L's dividend yield for the trailing twelve months is around 3.33%, while COPA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
COPA.L WisdomTree Copper | 0.00% | 0.00% | 0.00% |
UGRW.L WisdomTree UK Quality Dividend Growth UCITS ETF GBP | 3.33% | 2.68% | 2.59% |
Frequently Asked Questions
UGRW.L and COPA.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UGRW.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UGRW.L is cheaper with a 0.29% expense ratio, compared with 0.49% for COPA.L.
UGRW.L is categorized as UK Equities, while COPA.L is Copper. UGRW.L tracks WisdomTree U.K. Quality Dividend Growth Index, while COPA.L tracks Bloomberg Copper Subindex. Their fees differ too: 0.29% for UGRW.L and 0.49% for COPA.L.
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