Sprott Junior Copper Miners ETF (COPJ) Performance
COPJ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.8% since Dec 31, 2025
- 1 year
- +21.0% total return
- 3 years
- +43.4% a year
- Since first price
- +26.7% a year since 2023
COPJ trailing returns vs SPY, QQQ, AGG
| Period | COPJ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −17.5% | −17.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.8% | −4.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.6% | −11.6% | +7.8% | +8.4% | −1.5% |
| YTD | −4.8% | −4.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.0% | +7.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +194.8%+43.4%/yr | +129.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 2, 2023 | +141.0%+26.7%/yr | +87.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: COPJ vs SPY
From Feb 2, 2023: COPJ grew to $24,099, SPY to $19,117.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
COPJ returns by calendar year
2 of 2 full years positive. Best 2025 (+140.6%), worst 2024 (+11.1%). 2026 is year to date.
COPJ annual returns table
| Year | COPJ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.8% | −32.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +140.6% | −25.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.1% | −24.2% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
COPJ largest drawdowns
Now 27.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 29, 2026 | −32.3% | Mar 20, 2026 | not yet | 50 days | 9 months so far |
| May 20, 2024 | −30.3% | Apr 8, 2025 | Jun 6, 2025 | 11 months | 1.0 years |
| Apr 18, 2023 | −26.7% | Nov 10, 2023 | Apr 2, 2024 | 7 months | 11 months |
| Feb 2, 2023 | −13.1% | Mar 15, 2023 | Apr 11, 2023 | 41 days | 2 months |
| Oct 14, 2025 | −12.6% | Nov 4, 2025 | Nov 28, 2025 | 21 days | 45 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
COPJ risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +46.9% | +36.1% |
| Volatility (annualized) | 31.5% | 31.6% |
| Sharpe ratio | 1.25 | 1.00 |
| Sortino ratio | 2.34 | 1.75 |
| Best month | +20.0% | +20.0% |
| Worst month | −20.7% | −20.7% |
| Best 12 months | +196.4% | +196.4% |
| Worst 12 months | +1.3% | −2.8% |
| Positive months | 58% | 58% |
| Beta vs S&P 500 | 0.87 | — |
| Correlation with S&P 500 | 0.34 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
COPJ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 33 | −2.8% | +35.0% | +196.4% | 97% |
| 3-year (a year) | 9 | +33.7% | +42.8% | +50.2% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
COPJ performance overview
Sprott Junior Copper Miners ETF (COPJ) returned +21.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +26.7% a year, turning $10,000 into about $24,099. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −32.3%, from Jan 29, 2026 to Mar 20, 2026; the fund has not yet regained that high. Volatility has been 31.6% a year.
Related: COPJ chart, COPJ holdings, COPJ dividends. See the COPJ overview for the latest quote and fund facts.
COPJ performance FAQ
What is the COPJ return over the past year?
COPJ returned +21.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.1%.
How much would $10,000 invested in COPJ be worth?
$10,000 invested in COPJ at its first recorded close on February 2, 2023 would be worth about $24,099 on October 23, 2026 with distributions reinvested.
What was the worst year for COPJ?
The worst calendar year was 2024, with a total return of +11.1%. The best was 2025 at +140.6%.
What is the biggest drawdown of COPJ?
The largest peak-to-trough decline was −32.3% between January 29, 2026 and March 20, 2026. It has not yet recovered to that high; it is 27.2% below its peak.
How volatile is COPJ?
Over the past 3 years COPJ had an annualized volatility of 31.5% and a Sharpe ratio of 1.25 (excess return over 1–3 month T-bills per unit of risk).