CEF vs COPX

Comparison between Sprott Physical Gold and Silver Trust (CEF, ETF) and GLOBAL X COPPER MINERS ETF (COPX, ETF).

5-Year PerformanceCOPX has outperformed CEF, delivering a return of +26.2% compared to +22.0%

CEF vs COPX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEF(ETF)	COPX(ETF)
Net Assets	$7.30B	$7.30B
Expense Ratio	N/A	0.65%
Max Drawdown	62.40%	85.41%
Sharpe Ratio	1.15	1.75
5Y Beta	0.44	1.47
5Y Dividends CAGR	14.87%	28.31%

Net Assets

CEF

$7.30B

COPX

$7.30B

Expense Ratio

CEF

N/A

COPX

0.65%

Max Drawdown

Winner

CEF

62.40%

COPX

85.41%

Sharpe Ratio

CEF

1.15

Winner

COPX

1.75

5Y Beta

Winner

CEF

0.44

COPX

1.47

5Y Dividends CAGR

CEF

14.87%

Winner

COPX

28.31%

CEF vs COPX - Historical Returns

Returns include dividend reinvestment.

Period	CEF	COPX
1 month	+16.49%	+20.90%
3 months	-1.46%	+14.32%
6 months	-10.85%	+6.54%
1 year	+52.71%	+108.24%
5 years(CAGR)	+22.02%	+26.19%
10 years(CAGR)	+12.93%	+20.99%
Max(CAGR)	+9.38%	+7.04%

CEF

+16.49%

Winner

COPX

+20.90%

CEF

-1.46%

Winner

COPX

+14.32%

CEF

-10.85%

Winner

COPX

+6.54%

CEF

+52.71%

Winner

COPX

+108.24%

5Y(CAGR)

CEF

+22.02%

Winner

COPX

+26.19%

10Y(CAGR)

CEF

+12.93%

Winner

COPX

+20.99%

Max(CAGR)

Winner

CEF

+9.38%

COPX

+7.04%

CEF vs COPX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CEF	COPX
2026	+2.41%	+29.91%
2025	+88.94%	+91.73%
2024	+24.79%	+4.40%
2023	+6.39%	+7.39%
2022	+2.17%	-0.34%
2021	-10.63%	+17.77%
2020	+31.10%	+48.76%
2019	+16.81%	+13.16%
2018	-7.38%	-33.02%
2017	+15.51%	+34.67%
2016	+11.32%	+75.40%
2015	-14.32%	-46.25%
2014	-14.41%	-19.27%
2013	-38.47%	-30.56%
2012	+3.29%	-0.43%
2011	-4.95%	-32.07%
2010	+47.63%	+36.20%
2009	+26.29%	N/A
2008	+1.28%	N/A
2007	+17.23%	N/A
2006	+31.89%	N/A
2005	+27.03%	N/A
2004	+3.58%	N/A
2003	+13.38%	N/A
2002	+41.46%	N/A
2001	+4.76%	N/A
2000	-17.45%	N/A
1999	-4.27%	N/A

CEF vs COPX Drawdown Comparison

The maximum drawdown for CEF was -62.29%, occurring on Dec 15, 2015. Recovery took 3313 trading sessions.

The maximum drawdown for COPX was -83.13%, occurring on Jan 20, 2016. Recovery took 3272 trading sessions.

The current CEF drawdown is -20.20%. The current COPX drawdown is -0.82%.

Rank	CEF	COPX
#1	-62.29% Aug 22, 2011 - Oct 22, 2024	-83.13% Apr 6, 2011 - Apr 9, 2024
#2	-44.69% Mar 17, 2008 - Nov 25, 2009	-39.71% May 20, 2024 - Sep 10, 2025
#3	-35.89% Nov 3, 1999 - May 6, 2002	-29.25% Apr 20, 2010 - Sep 20, 2010
#4	-34.12% Jan 29, 2026 - Jul 16, 2026	-27.82% Feb 27, 2026 - Mar 20, 2026
#5	-25.32% Feb 4, 2003 - Jan 9, 2004	-15.82% Feb 7, 2011 - Apr 5, 2011
#6	-23.64% May 11, 2006 - Oct 26, 2007	-13.71% Jan 29, 2026 - Feb 25, 2026
#7	-21.75% Apr 1, 2004 - Dec 7, 2005	-10.46% Oct 13, 2025 - Nov 28, 2025
#8	-20.52% Apr 27, 2011 - Aug 18, 2011	-9.10% Nov 11, 2010 - Dec 6, 2010
#9	-19.76% May 24, 2002 - Jan 27, 2003	-7.89% Jan 18, 2011 - Feb 7, 2011
#10	-17.97% Dec 2, 2009 - Aug 27, 2010	-6.75% Oct 13, 2010 - Nov 4, 2010
#11	-12.88% Dec 31, 2010 - Feb 18, 2011	-5.87% Jan 3, 2011 - Jan 18, 2011
#12	-11.21% Oct 16, 2025 - Nov 28, 2025	-5.72% Oct 8, 2025 - Oct 13, 2025
#13	-10.73% Oct 29, 2024 - Feb 5, 2025	-5.10% Apr 29, 2024 - May 13, 2024
#14	-9.13% Feb 2, 2006 - Mar 2, 2006	-4.99% Apr 9, 2024 - Apr 26, 2024
#15	-8.01% Apr 19, 2006 - May 4, 2006	-3.61% Dec 26, 2025 - Jan 5, 2026

Correlation

Correlation between CEF and COPX is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2000 - 2026)

CEF vs COPX dividend yield comparison.

Year	CEF	COPX
2026	0.00%	0.27%
2025	0.00%	2.68%
2024	0.00%	1.80%
2023	0.00%	2.39%
2022	0.00%	3.14%
2021	0.00%	1.48%
2020	0.00%	1.30%
2019	0.00%	1.37%
2018	0.08%	2.59%
2017	0.07%	1.57%
2016	0.09%	0.60%
2015	0.10%	1.20%
2014	0.09%	2.31%
2013	0.08%	0.71%
2012	0.00%	3.29%
2011	0.05%	7.06%
2010	0.05%	0.47%
2009	0.07%	0.00%
2008	0.09%	0.00%
2007	0.09%	0.00%
2006	0.11%	0.00%
2005	0.15%	0.00%
2004	0.18%	0.00%
2003	0.19%	0.00%
2002	0.21%	0.00%
2001	0.30%	0.00%
2000	0.31%	0.00%