WCC vs. COPX
Compare and contrast key facts about WESCO International, Inc. (WCC) and Global X Copper Miners ETF (COPX).
COPX is a passively managed fund by Global X that tracks the performance of the Solactive Global Copper Miners Index. It was launched on Apr 19, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCC or COPX.
Performance
WCC vs. COPX - Performance Comparison
Returns By Period
In the year-to-date period, WCC achieves a 16.96% return, which is significantly higher than COPX's 13.81% return. Over the past 10 years, WCC has outperformed COPX with an annualized return of 9.18%, while COPX has yielded a comparatively lower 7.26% annualized return.
WCC
16.96%
13.69%
7.98%
34.07%
31.12%
9.18%
COPX
13.81%
-5.99%
-11.58%
24.42%
20.92%
7.26%
Key characteristics
WCC | COPX | |
---|---|---|
Sharpe Ratio | 0.68 | 0.74 |
Sortino Ratio | 1.09 | 1.21 |
Omega Ratio | 1.20 | 1.15 |
Calmar Ratio | 1.04 | 0.90 |
Martin Ratio | 2.49 | 2.06 |
Ulcer Index | 13.22% | 12.10% |
Daily Std Dev | 48.41% | 33.44% |
Max Drawdown | -86.27% | -83.16% |
Current Drawdown | -5.00% | -19.05% |
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Correlation
The correlation between WCC and COPX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
WCC vs. COPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WESCO International, Inc. (WCC) 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.
Dividends
WCC vs. COPX - Dividend Comparison
WCC's dividend yield for the trailing twelve months is around 0.80%, less than COPX's 1.29% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
WESCO International, Inc. | 0.80% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Global X Copper Miners ETF | 1.29% | 2.39% | 3.14% | 1.48% | 1.30% | 1.37% | 2.58% | 1.56% | 0.59% | 1.20% | 2.31% | 0.70% |
Drawdowns
WCC vs. COPX - Drawdown Comparison
The maximum WCC drawdown since its inception was -86.27%, roughly equal to the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for WCC and COPX. For additional features, visit the drawdowns tool.
Volatility
WCC vs. COPX - Volatility Comparison
WESCO International, Inc. (WCC) has a higher volatility of 15.93% compared to Global X Copper Miners ETF (COPX) at 11.39%. This indicates that WCC's price experiences larger fluctuations and is considered to be riskier than COPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.