COPX vs IVV
Global X Copper Miners ETF vs iShares Core S&P 500 ETF
Which is better, COPX or IVV?
Mid Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. COPX led over 1Y, 3Y and 5Y, IVV over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 50.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | COPX | IVV |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $8.6B | $886.7B |
| Dividend Yield | 2.45% | 1.10% |
| Holdings | 46 | 508 |
| YTD Return | +24.51%Best | +13.39% |
| 1Y Return | +85.68%Best | +20.08% |
| 3Y Return (annualized) | +36.42%Best | +21.29% |
| 5Y Return (annualized) | +22.25%Best | +12.88% |
| Volatility (annualized) | 37.8% | 14.5%Best |
| Max Drawdown | -85.4% | -33.9%Best |
| $10,000 over 5 years | $27,305Best | $18,327 |
| Top 10 Weight | 50.7% | 37.9%Best |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Apr 19, 2010 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Apr 20, 2010 to Sep 4, 2026 (16.4 years).
COPX vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16.4 years both funds cover.
COPX vs IVV Performance
Global X Copper Miners ETF (COPX) is an ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year COPX returned +85.68% while IVV returned +20.08%. Year to date, COPX is up 24.51% versus a gain of 13.39% for IVV.
Over three years, COPX compounded at +36.42% per year against +21.29% for IVV; over five years the annualized figures are +22.25% and +12.88% respectively. Across the full 16-year window we track, IVV has the edge at +12.51% annualized vs +5.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
COPX has been the more volatile fund, with annualized monthly volatility of 37.8% compared with 14.5% for IVV. 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 -85.4% for COPX and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
COPX charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, COPX currently yields 2.45% against 1.10% for IVV.
Holdings Overlap
4.8% of COPX's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings COPX also owns.
COPX and IVV share little of their money.
1 positions in common, counted across the 41 positions we hold weights for in COPX and 504 in IVV, against full books of 46 and 508.
What only one of them owns
Our book lists 492 positions for IVV that do not appear in our book for COPX (99.1% of the fund), and 2 for COPX that do not appear in IVV (10.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in COPX | Weight in IVV | Difference |
|---|---|---|---|
| FCXFreeport-McMoran Copper & Gold Inc | 4.85% | 0.15% | 4.70% |
You are not choosing between two funds in isolation.
Whichever of COPX and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, COPX or IVV?
COPX has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, COPX or IVV?
Over the past year COPX returned +85.68% vs +20.08% for IVV, so COPX leads on 1-year performance. Over the longest common window we track (16 years), COPX annualized +5.28% vs +12.51% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, COPX or IVV?
COPX has been the more volatile fund at 37.8% annualized versus 14.5% for IVV. Worst drawdown: COPX -85.4% vs IVV -33.9%.
Should I hold both COPX and IVV?
COPX and IVV have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between COPX and IVV?
4.8% of COPX's money is in holdings IVV also owns. 0.1% of IVV's is in holdings COPX also owns. They hold 1 positions in common, counted across the 41 positions we hold weights for in COPX and 504 in IVV.
Which pays a higher dividend, COPX or IVV?
COPX yields 2.45% while IVV yields 1.10%, so COPX currently pays the higher dividend yield.
Is IVV better than COPX?
IVV has a lower expense ratio. COPX led over 1Y, 3Y and 5Y, IVV over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 50.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.