COPA vs RBLU

Comparison between THEMES COPPER MINERS ETF (COPA, ETF) and T-REX 2X LONG RBLX DAILY TARGET ETF (RBLU, ETF).

COPA vs RBLU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	COPA(ETF)	RBLU(ETF)
Net Assets	$13M	$13M
Expense Ratio	0.35%	N/A
Max Drawdown	35.56%	94.82%
Sharpe Ratio	1.39	-1.31
5Y Beta	1.31	2.79

Net Assets

COPA

$13M

RBLU

$13M

Expense Ratio

COPA

0.35%

RBLU

N/A

Max Drawdown

Winner

COPA

35.56%

RBLU

94.82%

Sharpe Ratio

Winner

COPA

1.39

RBLU

-1.31

5Y Beta

Winner

COPA

1.31

RBLU

2.79

COPA vs RBLU - Holdings Comparison

COPA and RBLU have 0 common holdings. Overlap is 0.00%

COPA's top 25 holdings weight is 78.86%. RBLU's top 25 holdings weight is 8.83%.

Rank	COPA	RBLU
#1	JIUJIANG DEFU TECHNOLOGY CO LTD ORDINARY SHARES CLASS A (n/a) - 8.63%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 8.83%
#2	FREEPORT-MCMORAN INC (FCX) - 7.99%	N/A
#3	BHP GROUP LTD (n/a) - 4.49%	N/A
#4	FIRST QUANTUM MINERALS LTD (FQVLF) - 4.16%	N/A
#5	LUNDIN MINING CORP (LUNMF) - 3.84%	N/A
#6	TECK RESOURCES LTD CLASS B (SUB VOTING) (n/a) - 3.77%	N/A
#7	CAPSTONE COPPER CORP (CSCCF) - 3.49%	N/A
#8	ANTOFAGASTA PLC (n/a) - 3.37%	N/A
#9	GLENCORE PLC (n/a) - 3.36%	N/A
#10	ARIZONA SONORAN COPPER CO INC (n/a) - 3.19%	N/A
#11	SOUTHERN COPPER CORP (SCCO) - 3.04%	N/A
#12	IVANHOE MINES LTD CLASS A (n/a) - 2.66%	N/A
#13	AURUBIS AG (n/a) - 2.54%	N/A
#14	TASEKO MINES LTD (n/a) - 2.43%	N/A
#15	SANDFIRE RESOURCES LTD (n/a) - 2.42%	N/A
#16	CHINA NONFERROUS MINING CORP LTD (n/a) - 2.40%	N/A
#17	ATALAYA MINING COPPER SA (n/a) - 2.38%	N/A
#18	HUDBAY MINERALS INC (HBM) - 2.28%	N/A
#19	ERO COPPER CORP (ERO) - 2.04%	N/A
#20	MMG LTD (n/a) - 1.96%	N/A
#21	JIANGXI COPPER CO LTD CLASS A (n/a) - 1.87%	N/A
#22	GUANGDONG FEINAN RESOURCES RECYCLING CO LTD CLASS A (n/a) - 1.82%	N/A
#23	SOLARIS RESOURCES INC ORDINARY SHARES (n/a) - 1.76%	N/A
#24	BOLIDEN AB (n/a) - 1.51%	N/A
#25	GANZHOU TENG YUAN COBALT NEW MATERIAL CO LTD CLASS A (n/a) - 1.46%	N/A
Total Holdings	58	1

COPA vs RBLU - Historical Returns

Returns include dividend reinvestment.

Period	COPA	RBLU
1 month	+1.00%	-6.38%
3 months	+0.45%	-41.54%
6 months	-6.00%	-71.73%
1 year	+73.34%	-91.52%
Max(CAGR)	+41.68%	-61.78%

Winner

COPA

+1.00%

RBLU

-6.38%

Winner

COPA

+0.45%

RBLU

-41.54%

Winner

COPA

-6.00%

RBLU

-71.73%

Winner

COPA

+73.34%

RBLU

-91.52%

Max(CAGR)

Winner

COPA

+41.68%

RBLU

-61.78%

COPA vs RBLU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	COPA	RBLU
2026	+9.79%	-77.31%
2025	+99.46%	+16.17%
2024	-14.59%	N/A

COPA vs RBLU Drawdown Comparison

The maximum drawdown for COPA was -34.73%, occurring on Apr 8, 2025. Recovery took 183 trading sessions.

The maximum drawdown for RBLU was -94.76%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current COPA drawdown is -14.64%. The current RBLU drawdown is -93.68%.

Rank	COPA	RBLU
#1	-34.73% Oct 7, 2024 - Jul 2, 2025	-94.76% Jul 31, 2025 - Jun 10, 2026
#2	-28.05% Jan 29, 2026 - Jun 2, 2026	-38.41% Mar 5, 2025 - Apr 25, 2025
#3	-18.83% Jun 2, 2026 - Jul 17, 2026	-11.00% May 2, 2025 - May 13, 2025
#4	-11.11% Oct 13, 2025 - Dec 1, 2025	-10.31% Jul 21, 2025 - Jul 31, 2025
#5	-6.74% Jul 22, 2025 - Aug 12, 2025	-9.50% Jun 27, 2025 - Jul 7, 2025
#6	-5.05% Oct 8, 2025 - Oct 13, 2025	-5.30% Jun 6, 2025 - Jun 11, 2025
#7	-3.66% Jul 2, 2025 - Jul 22, 2025	-4.98% Jul 7, 2025 - Jul 14, 2025
#8	-3.66% Jan 6, 2026 - Jan 12, 2026	-3.53% Jun 24, 2025 - Jun 26, 2025
#9	-2.79% Sep 15, 2025 - Sep 22, 2025	-1.98% Jun 11, 2025 - Jun 13, 2025
#10	-2.76% Oct 2, 2024 - Oct 7, 2024	-1.78% May 27, 2025 - May 30, 2025
#11	-2.75% Aug 13, 2025 - Aug 22, 2025	-1.04% Jun 18, 2025 - Jun 23, 2025
#12	-2.72% Dec 26, 2025 - Jan 5, 2026	-0.99% May 20, 2025 - May 22, 2025
#13	-2.19% Sep 3, 2025 - Sep 8, 2025	-0.40% Apr 25, 2025 - Apr 30, 2025
#14	-1.85% Dec 11, 2025 - Dec 19, 2025	-0.35% May 16, 2025 - May 20, 2025
#15	-1.63% Dec 5, 2025 - Dec 10, 2025	-0.17% Jun 2, 2025 - Jun 4, 2025

Correlation

Correlation between COPA and RBLU is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

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