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MLN vs CPER

Comparison between VANECK LONG MUNI ETF (MLN, ETF) and United States Copper Index Fund (CPER, ETF).

5-Year PerformanceCPER has outperformed MLN, delivering a return of +6.5% compared to -1.1%

MLN vs CPER - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
MLN
$701M
CPER
$701M
Expense Ratio
Winner
MLN
0.24%
CPER
0.88%
Max Drawdown
Winner
MLN
31.30%
CPER
54.04%
Sharpe Ratio
Winner
MLN
1.08
CPER
0.72
5Y Beta
Winner
MLN
0.02
CPER
0.74
5Y Dividends CAGR
MLN
3.25%
CPER
N/A

MLN vs CPER - Historical Returns

Returns include dividend reinvestment.

1M
MLN
+0.18%
Winner
CPER
+4.82%
3M
MLN
+0.81%
Winner
CPER
+7.03%
6M
MLN
+2.31%
Winner
CPER
+14.18%
1Y
MLN
+8.87%
Winner
CPER
+23.80%
5Y(CAGR)
MLN
-1.07%
Winner
CPER
+6.47%
10Y(CAGR)
MLN
+1.51%
Winner
CPER
+10.50%
Max(CAGR)
Winner
MLN
+2.91%
CPER
+2.88%

MLN vs CPER - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearMLNCPER
2026+1.46%+8.86%
2025+1.99%+38.07%
2024+1.76%+5.05%
2023+7.86%+5.92%
2022-17.07%-14.35%
2021+1.78%+23.46%
2020+6.12%+22.81%
2019+10.69%+7.74%
2018-0.67%-21.40%
2017+8.58%+29.67%
2016+0.27%+17.97%
2015+3.85%-24.97%
2014+17.42%-16.53%
2013-9.33%-11.96%
2012+10.23%-0.59%
2011+16.10%-2.70%
2010-1.29%N/A
2009+17.85%N/A
2008-18.51%N/A

MLN vs CPER Drawdown Comparison

The maximum drawdown for MLN was -28.35%, occurring on Dec 15, 2008. Recovery took 423 trading sessions.

The maximum drawdown for CPER was -54.04%, occurring on Jan 15, 2016. Recovery took 2324 trading sessions.

The current MLN drawdown is -6.70%. The current CPER drawdown is -6.21%.

RankMLNCPER
#1-28.35%
Jan 23, 2008 - Sep 25, 2009
-54.04%
Feb 9, 2012 - May 6, 2021
#2-24.46%
Jul 20, 2021 - Oct 26, 2022
-34.75%
Mar 4, 2022 - May 15, 2024
#3-23.59%
Mar 9, 2020 - Aug 10, 2020
-24.77%
Jul 24, 2025 - Jan 5, 2026
#4-16.46%
Nov 30, 2012 - Aug 25, 2014
-21.47%
Mar 26, 2025 - Jul 8, 2025
#5-14.34%
Oct 12, 2010 - Aug 3, 2011
-21.26%
May 21, 2024 - Mar 19, 2025
#6-10.51%
Jul 7, 2016 - Dec 5, 2017
-16.49%
May 11, 2021 - Mar 4, 2022
#7-4.94%
Oct 2, 2009 - May 17, 2010
-16.43%
Jan 29, 2026 - May 11, 2026
#8-4.94%
Jan 30, 2015 - Nov 30, 2015
-8.18%
Dec 9, 2011 - Jan 12, 2012
#9-4.69%
Dec 6, 2017 - Feb 8, 2019
-6.95%
May 12, 2026 - Jun 2, 2026
#10-3.65%
Feb 10, 2021 - Jun 7, 2021
-6.71%
Nov 16, 2011 - Nov 30, 2011
#11-2.98%
Aug 4, 2011 - Sep 6, 2011
-6.21%
Jun 2, 2026 - Jun 5, 2026
#12-2.94%
Feb 28, 2012 - Apr 10, 2012
-4.91%
Jan 14, 2026 - Jan 29, 2026
#13-2.72%
Oct 4, 2011 - Nov 1, 2011
-4.27%
Jan 6, 2026 - Jan 14, 2026
#14-2.63%
Aug 28, 2019 - Jan 7, 2020
-3.19%
Jan 27, 2012 - Feb 3, 2012
#15-2.09%
Aug 10, 2020 - Nov 19, 2020
-1.87%
Jul 10, 2025 - Jul 21, 2025

Correlation

Correlation between MLN and CPER is 0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

0.24
-101

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