VGRO.TO vs. COPP

Last updated Jun 5, 2026

VGRO.TO (Vanguard Growth ETF Portfolio) and COPP (Sprott Copper Miners ETF) are both exchange-traded funds - VGRO.TO is a Diversified Portfolio fund actively managed by Vanguard, while COPP is a Commodity Producers Equities fund tracking the Nasdaq Sprott Copper Miners Index. VGRO.TO is actively managed, while COPP is passively managed. Over the past year, VGRO.TO returned 25.48% vs 109.88% for COPP. At a 0.49 correlation, their price movements are largely independent. VGRO.TO charges 0.20%/yr vs 0.65%/yr for COPP.

Performance

VGRO.TO vs. COPP - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Vanguard Growth ETF Portfolio (VGRO.TO) and Sprott Copper Miners ETF (COPP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

VGRO.TO is traded in CAD, while COPP is traded in USD. To make them comparable, the COPP values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VGRO.TO achieves a 10.97% return, which is significantly lower than COPP's 27.91% return.

VGRO.TO

• 1D: 0.57%
• 1M: 5.12%
• YTD: 10.97%
• 6M: 9.68%
• 1Y: 25.48%
• 3Y*: 18.25%
• 5Y*: 11.00%
• 10Y*: —

COPP

• 1D: -0.31%
• 1M: 22.57%
• YTD: 27.91%
• 6M: 38.94%
• 1Y: 109.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VGRO.TO vs. COPP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VGRO.TO Vanguard Growth ETF Portfolio	10.97%	16.11%	13.77%
COPP Sprott Copper Miners ETF	27.91%	66.03%	10.86%

Correlation

The correlation between VGRO.TO and COPP is 0.56, 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	0.56
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.49

The correlation between VGRO.TO and COPP has been stable across timeframes, ranging from 0.49 to 0.56 - a consistent structural relationship.

VGRO.TO vs. COPP - Sectors Allocation Comparison

Sectors	VGRO.TO	COPP
Financial Services	20.6%	0.9%
Technology	20.3%	0.1%
Industrials	11.6%	0.1%
Energy	8.7%	0.1%
Basic Materials	8.6%	92.0%
Consumer Cyclical	7.8%	0.1%
Healthcare	6.7%	0.1%
Communication Services	6.0%	0.1%
Consumer Defensive	4.6%	0.1%
Utilities	2.8%	0.1%
Real Estate	2.3%	0.0%

Return for Risk

VGRO.TO vs. COPP — Risk / Return Rank

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

VGRO.TO

VGRO.TO Risk / Return Rank: 81
VGRO.TO Sharpe Ratio Rank: 82
VGRO.TO Sortino Ratio Rank: 84
VGRO.TO Omega Ratio Rank: 83
VGRO.TO Calmar Ratio Rank: 74
VGRO.TO Martin Ratio Rank: 81

COPP

COPP Risk / Return Rank: 70
COPP Sharpe Ratio Rank: 79
COPP Sortino Ratio Rank: 63
COPP Omega Ratio Rank: 62
COPP Calmar Ratio Rank: 75
COPP Martin Ratio Rank: 70

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.

VGRO.TO vs. COPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Growth ETF Portfolio (VGRO.TO) and Sprott Copper Miners ETF (COPP). 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.

	VGRO.TO	COPP	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.67	-0.01
Sortino ratio: Return per unit of downside risk	3.72	3.05	+0.66
Omega ratio: Gain probability vs. loss probability	1.50	1.39	+0.11
Calmar ratio: Return relative to maximum drawdown	3.65	3.85	-0.20
Martin ratio: Return relative to average drawdown	15.92	13.66	+2.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VGRO.TO vs. COPP - Sharpe Ratio Comparison

The current VGRO.TO Sharpe Ratio is 2.66, which is comparable to the COPP Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of VGRO.TO and COPP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VGRO.TO	COPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	2.67	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.20	-0.38

Drawdowns

VGRO.TO vs. COPP - Drawdown Comparison

The maximum VGRO.TO drawdown since its inception was -25.36%, smaller than the maximum COPP drawdown of -41.76%. Use the drawdown chart below to compare losses from any high point for VGRO.TO and COPP.

Drawdown Indicators

	VGRO.TO	COPP	Difference
Max Drawdown Largest peak-to-trough decline	-25.36%	-41.76%	+16.40%
Max Drawdown (1Y) Largest decline over 1 year	-7.01%	-28.67%	+21.66%
Max Drawdown (3Y) Largest decline over 3 years	-12.50%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.39%	—	—
Current Drawdown Current decline from peak	0.00%	-3.40%	+3.40%
Average Drawdown Average peak-to-trough decline	-3.41%	-12.97%	+9.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	8.07%	-6.47%

Volatility

VGRO.TO vs. COPP - Volatility Comparison

The current volatility for Vanguard Growth ETF Portfolio (VGRO.TO) is 3.18%, while Sprott Copper Miners ETF (COPP) has a volatility of 14.99%. This indicates that VGRO.TO experiences smaller price fluctuations and is considered to be less risky than COPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGRO.TO	COPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	14.99%	-11.81%
Volatility (6M) Calculated over the trailing 6-month period	7.88%	35.19%	-27.31%
Volatility (1Y) Calculated over the trailing 1-year period	9.63%	41.43%	-31.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.64%	38.94%	-28.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.53%	38.94%	-26.41%

VGRO.TO vs. COPP - Expense Ratio Comparison

VGRO.TO has a 0.20% expense ratio, which is lower than COPP's 0.65% expense ratio.

Dividends

VGRO.TO vs. COPP - Dividend Comparison

VGRO.TO's dividend yield for the trailing twelve months is around 1.70%, less than COPP's 1.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
COPP Sprott Copper Miners ETF	1.88%	2.37%	2.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGRO.TO Vanguard Growth ETF Portfolio	1.70%	1.88%	2.01%	2.13%	2.14%	1.80%	1.77%	2.17%	2.09%

Frequently Asked Questions

Can I hold both VGRO.TO and COPP in my portfolio?

VGRO.TO and COPP have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGRO.TO or COPP?

On fees, VGRO.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGRO.TO or COPP?

VGRO.TO is cheaper with a 0.20% expense ratio, compared with 0.65% for COPP.

What is the main difference between VGRO.TO and COPP?

VGRO.TO is categorized as Diversified Portfolio, while COPP is Commodity Producers Equities. They also come from different issuers: Vanguard and Sprott. Their fees differ too: 0.20% for VGRO.TO and 0.65% for COPP.