XLEI vs. COPP

Last updated Jun 4, 2026

XLEI (State Street Energy Select Sector SPDR Premium Income ETF) and COPP (Sprott Copper Miners ETF) are both exchange-traded funds - XLEI is a Energy Equities fund tracking the S&P Energy Select Sector, while COPP is a Commodity Producers Equities fund tracking the Nasdaq Sprott Copper Miners Index. Both are passively managed. At a 0.03 correlation, their price movements are largely independent. XLEI charges 0.35%/yr vs 0.65%/yr for COPP.

Performance

XLEI vs. COPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Energy Select Sector SPDR Premium Income ETF (XLEI) and Sprott Copper Miners ETF (COPP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLEI achieves a 20.42% return, which is significantly lower than COPP's 26.69% return.

XLEI

• 1D: 1.05%
• 1M: 1.40%
• YTD: 20.42%
• 6M: 20.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COPP

• 1D: -3.50%
• 1M: 22.98%
• YTD: 26.69%
• 6M: 39.51%
• 1Y: 111.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLEI vs. COPP - Yearly Performance Comparison

	2026 (YTD)	2025
XLEI State Street Energy Select Sector SPDR Premium Income ETF	20.42%	6.77%
COPP Sprott Copper Miners ETF	26.69%	65.97%

Correlation

The correlation between XLEI and COPP is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.03

XLEI vs. COPP - Sectors Allocation Comparison

Sectors	XLEI	COPP
Financial Services	100.3%	0.9%
Basic Materials	-	92.0%
Communication Services	-	0.1%
Consumer Cyclical	-	0.1%
Consumer Defensive	-	0.1%
Energy	-	0.1%
Healthcare	-	0.1%
Industrials	-	0.1%
Real Estate	-	0.0%
Technology	-	0.1%
Utilities	-	0.1%

Return for Risk

XLEI vs. COPP — Risk / Return Rank

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

COPP

COPP Risk / Return Rank: 70
COPP Sharpe Ratio Rank: 79
COPP Sortino Ratio Rank: 62
COPP Omega Ratio Rank: 61
COPP Calmar Ratio Rank: 76
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.

XLEI vs. COPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Energy Select Sector SPDR Premium Income ETF (XLEI) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XLEI	COPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.65	1.11	+1.54

Drawdowns

XLEI vs. COPP - Drawdown Comparison

The maximum XLEI drawdown since its inception was -7.98%, smaller than the maximum COPP drawdown of -44.37%. Use the drawdown chart below to compare losses from any high point for XLEI and COPP.

Drawdown Indicators

	XLEI	COPP	Difference
Max Drawdown Largest peak-to-trough decline	-7.98%	-44.37%	+36.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.91%	—
Current Drawdown Current decline from peak	-0.97%	-3.50%	+2.53%
Average Drawdown Average peak-to-trough decline	-1.52%	-14.02%	+12.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.35%	—

Volatility

Volatility by Period

	XLEI	COPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	42.84%	-29.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.16%	40.80%	-27.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.16%	40.80%	-27.64%

XLEI vs. COPP - Expense Ratio Comparison

XLEI has a 0.35% expense ratio, which is lower than COPP's 0.65% expense ratio.

Dividends

XLEI vs. COPP - Dividend Comparison

XLEI's dividend yield for the trailing twelve months is around 16.59%, more than COPP's 1.87% yield.

Position	TTM	2025	2024
COPP Sprott Copper Miners ETF	1.87%	2.37%	2.59%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	16.59%	10.17%	0.00%

Frequently Asked Questions

Can I hold both XLEI and COPP in my portfolio?

XLEI and COPP have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLEI or COPP?

On fees, XLEI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLEI or COPP?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.65% for COPP.

Which ETF pays a higher dividend yield, XLEI or COPP?

XLEI has the higher dividend yield at 16.59%, compared with 1.87% for COPP.

What is the main difference between XLEI and COPP?

XLEI is categorized as Energy Equities, while COPP is Commodity Producers Equities. XLEI tracks S&P Energy Select Sector, while COPP tracks Nasdaq Sprott Copper Miners Index. They also come from different issuers: State Street and Sprott. Their fees differ too: 0.35% for XLEI and 0.65% for COPP.