COPX vs MCHI
Comparison between GLOBAL X COPPER MINERS ETF (COPX, ETF) and ISHARES MSCI CHINA ETF (MCHI, ETF).
5-Year PerformanceCOPX has outperformed MCHI, delivering a return of +16.9% compared to -4.4%
COPX vs MCHI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
COPX
$6.70B
MCHI
$6.60B
Expense Ratio
COPX
0.65%
Winner
MCHI
0.59%
Max Drawdown
COPX
85.41%
Winner
MCHI
63.39%
Sharpe Ratio
Winner
COPX
2.21
MCHI
0.54
5Y Beta
COPX
1.35
Winner
MCHI
0.64
5Y Dividends CAGR
Winner
COPX
40.45%
MCHI
8.85%
COPX vs MCHI - Holdings Comparison
COPX and MCHI have 1 common holdings. Overlap is -0.11%
COPX's top 25 holdings weight is 92.87%. MCHI's top 25 holdings weight is 55.71%.
| Rank | COPX | MCHI |
|---|---|---|
| #1 | SUMITOMO METAL MINING CO LTD (n/a) - 6.01% | TENCENT HOLDINGS LTD (n/a) - 14.31% |
| #2 | LUNDIN MINING CORP (LUNMF) - 5.93% | n/a (n/a) - 10.48% |
| #3 | GLENCORE PLC (n/a) - 5.78% | CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 4.01% |
| #4 | KGHM POLSKA MIEDZ SA (n/a) - 5.74% | PDD HOLDINGS INC ADR (PDD) - 2.56% |
| #5 | FREEPORT-MCMORAN INC (FCX) - 5.09% | XIAOMI CORP CLASS B (n/a) - 2.50% |
| #6 | BHP GROUP LTD (n/a) - 5.05% | n/a (n/a) - 2.34% |
| #7 | HUDBAY MINERALS INC (n/a) - 4.91% | n/a (n/a) - 2.11% |
| #8 | SOUTHERN COPPER CORP (SCCO) - 4.81% | MEITUAN CLASS B (n/a) - 1.90% |
| #9 | TECK RESOURCES LTD CLASS B (SUB VOTING) (n/a) - 4.81% | BYD CO LTD CLASS H (n/a) - 1.83% |
| #10 | ANTOFAGASTA PLC (n/a) - 4.75% | BANK OF CHINA LTD CLASS H (n/a) - 1.70% |
| #11 | BOLIDEN AB (n/a) - 4.47% | NETEASE INC ORDINARY SHARES (n/a) - 1.41% |
| #12 | FIRST QUANTUM MINERALS LTD (n/a) - 4.07% | JD.COM INC ORDINARY SHARES CLASS A (n/a) - 1.31% |
| #13 | ZIJIN MINING GROUP CO LTD CLASS H (n/a) - 3.87% | BAIDU INC (n/a) - 1.31% |
| #14 | AURUBIS AG (n/a) - 3.67% | TRIP.COM GROUP LTD (n/a) - 1.19% |
| #15 | SANDFIRE RESOURCES LTD (n/a) - 3.07% | PETROCHINA CO LTD CLASS H (n/a) - 1.13% |
| #16 | CHINA GOLD INTERNATIONAL RESOURCES CORP LTD (n/a) - 2.92% | ZIJIN MINING GROUP CO LTD CLASS H (n/a) - 1.03% |
| #17 | IVANHOE MINES LTD CLASS A (n/a) - 2.82% | CHINA LIFE INSURANCE CO LTD CLASS H (n/a) - 0.93% |
| #18 | JIANGXI COPPER CO LTD CLASS H (n/a) - 2.65% | CHINA MERCHANTS BANK CO LTD CLASS H (n/a) - 0.92% |
| #19 | CAPSTONE COPPER CORP (n/a) - 2.51% | AGRICULTURAL BANK OF CHINA LTD CLASS H (n/a) - 0.80% |
| #20 | MMG LTD (n/a) - 2.44% | CHINA SHENHUA ENERGY CO LTD CLASS H (n/a) - 0.75% |
| #21 | MITSUBISHI MATERIALS CORP (n/a) - 2.28% | n/a (n/a) - 0.24% |
| #22 | ERO COPPER CORP (ERO) - 1.40% | ENN ENERGY HOLDINGS LTD (n/a) - 0.24% |
| #23 | NGEX MINERALS LTD ORDINARY SHARES NEW (n/a) - 1.36% | CHINA MENGNIU DAIRY CO LTD (n/a) - 0.24% |
| #24 | TASEKO MINES LTD (n/a) - 1.23% | JD HEALTH INTERNATIONAL INC (n/a) - 0.24% |
| #25 | CHINA NONFERROUS MINING CORP LTD (n/a) - 1.23% | n/a (n/a) - 0.23% |
| Total Holdings | 44 | 539 |
COPX vs MCHI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
COPX
+4.80%
MCHI
+1.78%
3M
Winner
COPX
-3.44%
MCHI
-5.89%
6M
Winner
COPX
+44.49%
MCHI
-7.19%
1Y
Winner
COPX
+127.77%
MCHI
+11.53%
5Y(CAGR)
Winner
COPX
+16.88%
MCHI
-4.43%
10Y(CAGR)
Winner
COPX
+21.83%
MCHI
+5.66%
Max(CAGR)
Winner
COPX
+6.51%
MCHI
+2.76%
COPX vs MCHI - Annual Returns (2010 - 2026)
Returns include dividend reinvestment.
| Year | COPX | MCHI |
|---|---|---|
| 2026 | +17.67% | -6.30% |
| 2025 | +91.73% | +33.42% |
| 2024 | +4.40% | +20.76% |
| 2023 | +7.39% | -14.77% |
| 2022 | -0.34% | -23.00% |
| 2021 | +17.77% | -21.99% |
| 2020 | +48.76% | +23.65% |
| 2019 | +13.16% | +24.39% |
| 2018 | -33.02% | -22.78% |
| 2017 | +34.67% | +53.07% |
| 2016 | +75.40% | +3.26% |
| 2015 | -46.25% | -9.05% |
| 2014 | -19.27% | +10.05% |
| 2013 | -30.56% | -0.89% |
| 2012 | -0.43% | +20.85% |
| 2011 | -32.07% | -20.75% |
| 2010 | +36.20% | N/A |
COPX vs MCHI Drawdown Comparison
The maximum drawdown for COPX was -83.13%, occurring on Jan 20, 2016. Recovery took 3272 trading sessions.
The maximum drawdown for MCHI was -62.95%, occurring on Oct 31, 2022. This drawdown has not yet recovered.
The current COPX drawdown is -10.17%. The current MCHI drawdown is -33.76%.
| Rank | COPX | MCHI |
|---|---|---|
| #1 | -83.13% Apr 6, 2011 - Apr 9, 2024 | -62.95% Feb 17, 2021 - Oct 31, 2022 |
| #2 | -39.71% May 20, 2024 - Sep 10, 2025 | -43.23% Apr 28, 2015 - Aug 25, 2017 |
| #3 | -29.25% Apr 20, 2010 - Sep 20, 2010 | -37.13% Apr 21, 2011 - Jul 24, 2014 |
| #4 | -27.82% Feb 27, 2026 - Mar 20, 2026 | -33.15% Jan 26, 2018 - Jul 8, 2020 |
| #5 | -15.82% Feb 7, 2011 - Apr 5, 2011 | -11.54% Sep 5, 2014 - Jan 21, 2015 |
| #6 | -13.71% Jan 29, 2026 - Feb 25, 2026 | -8.66% Nov 21, 2017 - Jan 2, 2018 |
| #7 | -10.46% Oct 13, 2025 - Nov 28, 2025 | -7.42% Sep 1, 2020 - Oct 12, 2020 |
| #8 | -9.10% Nov 11, 2010 - Dec 6, 2010 | -6.19% Mar 2, 2015 - Mar 30, 2015 |
| #9 | -7.89% Jan 18, 2011 - Feb 7, 2011 | -5.81% Nov 6, 2020 - Jan 5, 2021 |
| #10 | -6.75% Oct 13, 2010 - Nov 4, 2010 | -5.80% Jan 25, 2021 - Feb 9, 2021 |
| #11 | -5.87% Jan 3, 2011 - Jan 18, 2011 | -5.72% Jul 9, 2020 - Aug 24, 2020 |
| #12 | -5.72% Oct 8, 2025 - Oct 13, 2025 | -5.01% Jan 22, 2015 - Feb 26, 2015 |
| #13 | -5.10% Apr 29, 2024 - May 13, 2024 | -3.88% Sep 19, 2017 - Oct 3, 2017 |
| #14 | -4.99% Apr 9, 2024 - Apr 26, 2024 | -3.50% Apr 16, 2015 - Apr 22, 2015 |
| #15 | -3.61% Dec 26, 2025 - Jan 5, 2026 | -2.83% Oct 18, 2017 - Nov 6, 2017 |
Correlation
Correlation between COPX and MCHI is 0.22 which considered as a very weak or no correlation - the stocks move independently of each other.
0.22
-101
Dividend Comparison (2010 - 2025)
COPX vs MCHI dividend yield comparison.
| Year | COPX | MCHI |
|---|---|---|
| 2025 | 2.68% | 2.12% |
| 2024 | 1.80% | 2.31% |
| 2023 | 2.39% | 2.66% |
| 2022 | 3.14% | 1.78% |
| 2021 | 1.48% | 1.04% |
| 2020 | 1.30% | 1.04% |
| 2019 | 1.37% | 1.45% |
| 2018 | 2.59% | 1.60% |
| 2017 | 1.57% | 1.56% |
| 2016 | 0.60% | 1.66% |
| 2015 | 1.20% | 2.76% |
| 2014 | 2.31% | 2.35% |
| 2013 | 0.71% | 2.37% |
| 2012 | 3.29% | 1.90% |
| 2011 | 7.06% | 2.61% |
| 2010 | 0.47% | 0.00% |
Select Stocks to Compare
Popular: COPX vs SPYMCHI vs SPY
More Comparisons
Compare with similar stocks