Sprott Copper Miners ETF (COPP) Performance
COPP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.7% since Dec 31, 2025
- 1 year
- +31.5% total return
- Since first price
- +91.6% since 2024
COPP trailing returns vs SPY, QQQ, AGG
| Period | COPP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −14.5% | −14.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.2% | −4.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −5.5% | −5.5% | +7.8% | +8.4% | −1.5% |
| YTD | +5.7% | +5.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +31.5% | +28.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 6, 2024 | +91.6% | +82.6% | — | — | — |
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: COPP vs SPY
From Mar 6, 2024: COPP grew to $19,156, SPY to $15,397.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
COPP returns by calendar year
1 of 1 full years positive. Best 2025 (+74.0%), worst 2025 (+74.0%). 2026 is year to date.
COPP annual returns table
| Year | COPP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.7% | −28.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +74.0% | −30.2% | +17.7% | +20.8% | +7.2% |
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.
COPP largest drawdowns
Now 21.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 20, 2024 | −44.4% | Apr 8, 2025 | Sep 29, 2025 | 11 months | 1.4 years |
| Feb 25, 2026 | −28.9% | Mar 20, 2026 | Jun 2, 2026 | 23 days | 3 months |
| Aug 25, 2026 | −21.6% | Oct 22, 2026 | not yet | 58 days | 59 days so far |
| Jun 2, 2026 | −21.6% | Jul 8, 2026 | Aug 24, 2026 | 36 days | 3 months |
| Jan 29, 2026 | −12.3% | Feb 5, 2026 | Feb 25, 2026 | 7 days | 27 days |
| Oct 8, 2025 | −10.2% | Nov 4, 2025 | Nov 28, 2025 | 27 days | 51 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
COPP risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +28.7% |
| Volatility (annualized) | 31.7% |
| Sharpe ratio | 0.82 |
| Sortino ratio | 1.44 |
| Best month | +16.8% |
| Worst month | −18.7% |
| Best 12 months | +129.3% |
| Worst 12 months | −21.9% |
| Positive months | 57% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
COPP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 20 | −21.9% | +43.5% | +129.3% | 75% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
COPP performance overview
Sprott Copper Miners ETF (COPP) returned +31.5% over the past year, with distributions reinvested. Since its first recorded price on Mar 6, 2024 it has returned +91.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −44.4%, from May 20, 2024 to Apr 8, 2025, and it took 6 months to get back to the old high. Volatility has been 31.7% a year.
Related: COPP chart, COPP holdings, COPP dividends. See the COPP overview for the latest quote and fund facts.
COPP performance FAQ
What is the COPP return over the past year?
COPP returned +31.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 28.2%.
How much would $10,000 invested in COPP be worth?
$10,000 invested in COPP at its first recorded close on March 6, 2024 would be worth about $19,156 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of COPP?
The largest peak-to-trough decline was −44.4% between May 20, 2024 and April 8, 2025. It recovered to the old high on September 29, 2025, 6 months after the bottom.
How volatile is COPP?
Over the past history COPP had an annualized volatility of 31.7% and a Sharpe ratio of 0.82 (excess return over 1–3 month T-bills per unit of risk).