COPP vs QQQ
Sprott Copper Miners ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. COPP delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | COPP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $262M | $455.8B | |
| Dividend Yield | 2.14% | 0.41% | |
| Holdings | 62 | 108 | |
| YTD Return | +21.46% | +18.31% | |
| 1Y Return | +90.92% | +25.37% | |
| 3Y Return (annualized) | - | +25.79% | |
| 5Y Return (annualized) | - | +15.20% | |
| Volatility (annualized) | 30.5% | 30.6% | |
| Max Drawdown | -43.1% | -83.0% | |
| Fund Family | Sprott ETFS | Invesco (US) | |
| Category | Commodity | Equity | |
| Inception | Mar 5, 2024 | Mar 10, 1999 |
COPP vs QQQ Performance
Sprott Copper Miners ETF (COPP) is a ETF from Sprott ETFS and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year COPP returned +90.92% while QQQ returned +25.37%. Year to date, COPP is up 21.46% versus a gain of 18.31% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 30.5% for COPP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -43.1% for COPP and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
COPP charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, COPP currently yields 2.14% against 0.41% for QQQ.
Holdings Overlap
COPP and QQQ share 0 holdings out of 164 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, COPP or QQQ?
COPP has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, COPP or QQQ?
Over the past year COPP returned +90.92% vs +25.37% for QQQ, so COPP leads on 1-year performance. Over the longest common window we track (2 years), COPP annualized +40.52% vs +13.10% for QQQ. Past performance does not guarantee future results.
Which is riskier, COPP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 30.5% for COPP. Worst drawdown: COPP -43.1% vs QQQ -83.0%.
Should I hold both COPP and QQQ?
COPP and QQQ have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between COPP and QQQ?
COPP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 164 unique securities.
Which pays a higher dividend, COPP or QQQ?
COPP yields 2.14% while QQQ yields 0.41%, so COPP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.