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XCMC.DE vs. COPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XCMC.DE vs. COPX

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) and Global X Copper Miners ETF (COPX).

XCMC.DE and COPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCMC.DE is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg Commodity 3 Month Forward. It was launched on Nov 3, 2021. 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. Both XCMC.DE and COPX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XCMC.DE vs. COPX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) and Global X Copper Miners ETF (COPX). The values are adjusted to include any dividend payments, if applicable.

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XCMC.DE vs. COPX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
XCMC.DE
Xtrackers Bloomberg Commodity Swap UCITS ETF 1C		23.76%-2.66%11.92%-9.34%24.84%-11.32%
COPX
Global X Copper Miners ETF		10.53%70.54%10.40%5.13%5.39%4.40%
Different Trading Currencies

XCMC.DE is traded in EUR, while COPX is traded in USD. To make them comparable, the COPX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XCMC.DE achieves a 23.76% return, which is significantly higher than COPX's 10.53% return.

XCMC.DE

1D
-2.10%
1M
3.94%
YTD
23.76%
6M
22.90%
1Y
14.09%
3Y*
8.90%
5Y*
—
10Y*
—

COPX

1D
2.25%
1M
-15.63%
YTD
10.53%
6M
34.01%
1Y
90.75%
3Y*
26.58%
5Y*
19.70%
10Y*
20.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers Bloomberg Commodity Swap UCITS ETF 1C

Global X Copper Miners ETF

Often compared with XCMC.DE:
XCMC.DE vs. LYTR.DEXCMC.DE vs. DBCXCMC.DE vs. IVVXCMC.DE vs. VWCE.DEXCMC.DE vs. ETLF.DEXCMC.DE vs. M9SA.DEXCMC.DE vs. BCFE.DE
Often compared with COPX:
COPX vs. CPERCOPX vs. ICOPCOPX vs. COPPCOPX vs. COPA.LCOPX vs. COPJCOPX vs. GDXCOPX vs. REMX

XCMC.DE vs. COPX - Expense Ratio Comparison

XCMC.DE has a 0.19% expense ratio, which is lower than COPX's 0.65% expense ratio.

COPX
Global X Copper Miners ETF
XCMC.DE
Xtrackers Bloomberg Commodity Swap UCITS ETF 1C

Return for Risk

XCMC.DE vs. COPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XCMC.DE
XCMC.DE Risk / Return Rank: 4444
Overall Rank
XCMC.DE Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
XCMC.DE Sortino Ratio Rank: 3737
Sortino Ratio Rank
XCMC.DE Omega Ratio Rank: 4040
Omega Ratio Rank
XCMC.DE Calmar Ratio Rank: 6767
Calmar Ratio Rank
XCMC.DE Martin Ratio Rank: 3838
Martin Ratio Rank
COPX
COPX Risk / Return Rank: 9393
Overall Rank
COPX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
COPX Sortino Ratio Rank: 9292
Sortino Ratio Rank
COPX Omega Ratio Rank: 9090
Omega Ratio Rank
COPX Calmar Ratio Rank: 9494
Calmar Ratio Rank
COPX Martin Ratio Rank: 9494
Martin Ratio Rank
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.

XCMC.DE vs. COPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) 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.

XCMC.DECOPXDifference

Sharpe ratio

Return per unit of total volatility

0.80

2.22

-1.42

Sortino ratio

Return per unit of downside risk

1.15

2.58

-1.43

Omega ratio

Gain probability vs. loss probability

1.17

1.36

-0.19

Calmar ratio

Return relative to maximum drawdown

1.86

3.53

-1.66

Martin ratio

Return relative to average drawdown

3.86

12.97

-9.11

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XCMC.DE vs. COPX - Sharpe Ratio Comparison

The current XCMC.DE Sharpe Ratio is 0.80, which is lower than the COPX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of XCMC.DE and COPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

XCMC.DECOPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.80

2.22

-1.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.59

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.62

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.41

0.21

+0.20

Correlation

The correlation between XCMC.DE and COPX is 0.28, 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.

Dividends

XCMC.DE vs. COPX - Dividend Comparison

XCMC.DE has not paid dividends to shareholders, while COPX's dividend yield for the trailing twelve months is around 2.46%.

TTM20252024202320222021202020192018201720162015
XCMC.DE
Xtrackers Bloomberg Commodity Swap UCITS ETF 1C		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
COPX
Global X Copper Miners ETF		2.46%2.68%1.80%2.39%3.14%1.48%1.30%1.37%2.59%1.57%0.60%1.20%

Drawdowns

XCMC.DE vs. COPX - Drawdown Comparison

The maximum XCMC.DE drawdown since its inception was -22.91%, smaller than the maximum COPX drawdown of -79.16%. Use the drawdown chart below to compare losses from any high point for XCMC.DE and COPX.

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Drawdown Indicators

XCMC.DECOPXDifference

Max Drawdown

Largest peak-to-trough decline

-22.91%

-83.16%

+60.25%

Max Drawdown (1Y)

Largest decline over 1 year

-11.15%

-27.82%

+16.67%

Max Drawdown (5Y)

Largest decline over 5 years

—

-42.12%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-65.41%

—

Current Drawdown

Current decline from peak

-3.58%

-18.34%

+14.76%

Average Drawdown

Average peak-to-trough decline

-13.09%

-39.59%

+26.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.77%

7.29%

-3.52%

Volatility

XCMC.DE vs. COPX - Volatility Comparison

The current volatility for Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) is 6.26%, while Global X Copper Miners ETF (COPX) has a volatility of 17.17%. This indicates that XCMC.DE 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.

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Volatility by Period

XCMC.DECOPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.26%

17.17%

-10.91%

Volatility (6M)

Calculated over the trailing 6-month period

14.51%

32.44%

-17.93%

Volatility (1Y)

Calculated over the trailing 1-year period

17.55%

41.16%

-23.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.34%

33.65%

-16.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.34%

33.93%

-16.59%