COPX vs SHLD

Comparison between GLOBAL X COPPER MINERS ETF (COPX, ETF) and GLOBAL X DEFENSE TECH ETF (SHLD, ETF).

COPX vs SHLD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	COPX(ETF)	SHLD(ETF)
Net Assets	$8B	$8B
Expense Ratio	0.65%	0.50%
Max Drawdown	85.41%	20.10%
Sharpe Ratio	1.78	0.44
5Y Beta	1.43	0.68
P/E Ratio	N/A	33.60
Forward P/E	N/A	23.62
PEG Ratio	N/A	0.61
5Y Dividends CAGR	40.45%	N/A
Debt to Equity	N/A	65.70%
P/S Ratio	N/A	2.34
P/B Ratio	N/A	4.78

Net Assets

COPX

$8B

SHLD

$8B

Expense Ratio

COPX

0.65%

Winner

SHLD

0.50%

Max Drawdown

COPX

85.41%

Winner

SHLD

20.10%

Sharpe Ratio

Winner

COPX

1.78

SHLD

0.44

5Y Beta

COPX

1.43

Winner

SHLD

0.68

P/E Ratio

COPX

N/A

SHLD

33.60

Forward P/E

COPX

N/A

SHLD

23.62

PEG Ratio

COPX

N/A

SHLD

0.61

5Y Dividends CAGR

COPX

40.45%

SHLD

N/A

Debt to Equity

COPX

N/A

SHLD

65.70%

P/S Ratio

COPX

N/A

SHLD

2.34

P/B Ratio

COPX

N/A

SHLD

4.78

COPX vs SHLD - Holdings Comparison

COPX and SHLD have 1 common holdings. Overlap is -2.19%

COPX's top 25 holdings weight is 91.22%. SHLD's top 25 holdings weight is 90.56%.

Rank	COPX	SHLD
#1	HUDBAY MINERALS INC (n/a) - 5.64%	PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A (PLTR) - 8.93%
#2	TECK RESOURCES LTD CLASS B (SUB VOTING) (n/a) - 5.39%	GENERAL DYNAMICS CORP (GD) - 7.91%
#3	FIRST QUANTUM MINERALS LTD (FQVLF) - 5.17%	RTX CORP (RTX) - 7.91%
#4	ANTOFAGASTA PLC (n/a) - 5.14%	NORTHROP GRUMMAN CORP (NOC) - 7.76%
#5	KGHM POLSKA MIEDZ SA (n/a) - 5.10%	LOCKHEED MARTIN CORP (LMT) - 7.73%
#6	BHP GROUP LTD (n/a) - 5.01%	L3HARRIS TECHNOLOGIES INC (LHX) - 4.46%
#7	GLENCORE PLC (n/a) - 4.84%	RHEINMETALL AG (n/a) - 4.40%
#8	BOLIDEN AB (n/a) - 4.78%	BAE SYSTEMS PLC (n/a) - 4.34%
#9	SOUTHERN COPPER CORP (SCCO) - 4.77%	LEONARDO SPA AZ NOM POST RAGGRUPPAMENTO (n/a) - 3.63%
#10	LUNDIN MINING CORP (LUNMF) - 4.71%	THALES (n/a) - 3.51%
#11	FREEPORT-MCMORAN INC (FCX) - 4.64%	ELBIT SYSTEMS LTD (n/a) - 3.49%
#12	ZIJIN MINING GROUP CO LTD CLASS H (n/a) - 4.01%	HANWHA AEROSPACE CO LTD (n/a) - 3.39%
#13	CAPSTONE COPPER CORP (n/a) - 3.71%	SAAB AB CLASS B (n/a) - 3.10%
#14	IVANHOE MINES LTD CLASS A (n/a) - 3.58%	BWX TECHNOLOGIES INC (BWXT) - 2.53%
#15	SUMITOMO METAL MINING CO LTD (n/a) - 3.50%	LEIDOS HOLDINGS INC (LDOS) - 2.35%
#16	SANDFIRE RESOURCES LTD (n/a) - 3.26%	KONGSBERG GRUPPEN ASA (n/a) - 2.08%
#17	AURUBIS AG (n/a) - 3.15%	EURO (n/a) - 2.01%
#18	JIANGXI COPPER CO LTD CLASS H (n/a) - 2.41%	PLANET LABS PBC CLASS A (PL) - 1.95%
#19	MMG LTD (n/a) - 2.39%	KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 1.74%
#20	CHINA GOLD INTERNATIONAL RESOURCES CORP LTD (n/a) - 2.33%	HUNTINGTON INGALLS INDUSTRIES INC (HII) - 1.70%
#21	MITSUBISHI MATERIALS CORP (n/a) - 1.91%	MOOG INC CLASS A (MOG-A) - 1.55%
#22	NGEX MINERALS LTD ORDINARY SHARES NEW (n/a) - 1.55%	AEROVIRONMENT INC (AVAV) - 1.16%
#23	ERO COPPER CORP (ERO) - 1.54%	MERCURY SYSTEMS INC (MRCY) - 1.00%
#24	TASEKO MINES LTD (n/a) - 1.46%	BABCOCK INTERNATIONAL GROUP PLC (n/a) - 0.97%
#25	CHINA NONFERROUS MINING CORP LTD (n/a) - 1.23%	PARSONS CORP (PSN) - 0.96%
Total Holdings	46	56

COPX vs SHLD - Historical Returns

Returns include dividend reinvestment.

Period	COPX	SHLD
1 month	+8.14%	+1.51%
3 months	+14.17%	-17.45%
6 months	+33.63%	-1.40%
1 year	+112.30%	+8.17%
5 years(CAGR)	+21.77%	N/A
10 years(CAGR)	+22.02%	N/A
Max(CAGR)	+6.75%	+41.34%

Winner

COPX

+8.14%

SHLD

+1.51%

Winner

COPX

+14.17%

SHLD

-17.45%

Winner

COPX

+33.63%

SHLD

-1.40%

Winner

COPX

+112.30%

SHLD

+8.17%

5Y(CAGR)

COPX

+21.77%

SHLD

N/A

10Y(CAGR)

COPX

+22.02%

SHLD

N/A

Max(CAGR)

COPX

+6.75%

Winner

SHLD

+41.34%

COPX vs SHLD - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	COPX	SHLD
2026	+22.93%	-4.74%
2025	+91.73%	+74.68%
2024	+4.40%	+35.09%
2023	+7.39%	+12.89%
2022	-0.34%	N/A
2021	+17.77%	N/A
2020	+48.76%	N/A
2019	+13.16%	N/A
2018	-33.02%	N/A
2017	+34.67%	N/A
2016	+75.40%	N/A
2015	-46.25%	N/A
2014	-19.27%	N/A
2013	-30.56%	N/A
2012	-0.43%	N/A
2011	-32.07%	N/A
2010	+36.20%	N/A

COPX vs SHLD Drawdown Comparison

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

The maximum drawdown for SHLD was -20.10%, occurring on May 15, 2026. This drawdown has not yet recovered.

The current COPX drawdown is -6.15%. The current SHLD drawdown is -18.89%.

Rank	COPX	SHLD
#1	-83.13% Apr 6, 2011 - Apr 9, 2024	-20.10% Mar 9, 2026 - May 15, 2026
#2	-39.71% May 20, 2024 - Sep 10, 2025	-15.06% Oct 8, 2025 - Jan 8, 2026
#3	-29.25% Apr 20, 2010 - Sep 20, 2010	-10.92% Nov 11, 2024 - Feb 18, 2025
#4	-27.82% Feb 27, 2026 - Mar 20, 2026	-10.53% Mar 18, 2025 - Apr 11, 2025
#5	-15.82% Feb 7, 2011 - Apr 5, 2011	-8.91% Jan 16, 2026 - Mar 9, 2026
#6	-13.71% Jan 29, 2026 - Feb 25, 2026	-5.42% Sep 18, 2023 - Oct 9, 2023
#7	-10.46% Oct 13, 2025 - Nov 28, 2025	-5.39% Aug 6, 2025 - Sep 10, 2025
#8	-9.10% Nov 11, 2010 - Dec 6, 2010	-4.96% Apr 8, 2024 - May 9, 2024
#9	-7.89% Jan 18, 2011 - Feb 7, 2011	-4.52% Aug 30, 2024 - Oct 1, 2024
#10	-6.75% Oct 13, 2010 - Nov 4, 2010	-4.49% Oct 18, 2024 - Nov 6, 2024
#11	-5.87% Jan 3, 2011 - Jan 18, 2011	-4.17% May 31, 2024 - Jul 15, 2024
#12	-5.72% Oct 8, 2025 - Oct 13, 2025	-3.79% Feb 18, 2025 - Mar 3, 2025
#13	-5.10% Apr 29, 2024 - May 13, 2024	-3.62% May 8, 2025 - May 16, 2025
#14	-4.99% Apr 9, 2024 - Apr 26, 2024	-3.55% Jul 31, 2024 - Aug 9, 2024
#15	-3.61% Dec 26, 2025 - Jan 5, 2026	-3.15% Oct 16, 2023 - Nov 2, 2023

Correlation

Correlation between COPX and SHLD is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (2010 - 2025)

COPX vs SHLD dividend yield comparison.

Year	COPX	SHLD
2025	2.68%	0.55%
2024	1.80%	0.53%
2023	2.39%	0.26%
2022	3.14%	0.00%
2021	1.48%	0.00%
2020	1.30%	0.00%
2019	1.37%	0.00%
2018	2.59%	0.00%
2017	1.57%	0.00%
2016	0.60%	0.00%
2015	1.20%	0.00%
2014	2.31%	0.00%
2013	0.71%	0.00%
2012	3.29%	0.00%
2011	7.06%	0.00%
2010	0.47%	0.00%