COPX vs VOO
Global X Copper Miners ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. COPX delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | COPX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $8.0B | $997.4B | |
| Dividend Yield | 2.45% | 1.08% | |
| Holdings | 45 | 509 | |
| YTD Return | +19.95% | +13.73% | |
| 1Y Return | +92.18% | +21.53% | |
| 3Y Return (annualized) | +37.12% | +22.60% | |
| 5Y Return (annualized) | +22.46% | +13.31% | |
| Volatility (annualized) | 37.7% | 14.1% | |
| Max Drawdown | -85.4% | -34.3% | |
| Fund Family | Global X by mirae Asset | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 19, 2010 | Sep 7, 2010 |
COPX vs VOO Performance
Global X Copper Miners ETF (COPX) is a ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year COPX returned +92.18% while VOO returned +21.53%. Year to date, COPX is up 19.95% versus a gain of 13.73% for VOO.
Over three years, COPX compounded at +37.12% per year against +22.60% for VOO; over five years the annualized figures are +22.46% and +13.31% respectively. Across the full 16-year window we track, VOO has the edge at +13.55% annualized vs +5.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
COPX has been the more volatile fund, with annualized monthly volatility of 37.7% compared with 14.1% for VOO. 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 -34.3% for VOO. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
COPX charges 0.65% per year while VOO 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 1.08% for VOO.
Holdings Overlap
COPX and VOO share 1 holdings out of 543 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in COPX | Weight in VOO | Difference |
|---|---|---|---|
| FCX | 4.86% | 0.14% | 4.72% |
Frequently Asked Questions
Which is cheaper, COPX or VOO?
COPX has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, COPX or VOO?
Over the past year COPX returned +92.18% vs +21.53% for VOO, so COPX leads on 1-year performance. Over the longest common window we track (16 years), COPX annualized +5.06% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, COPX or VOO?
COPX has been the more volatile fund at 37.7% annualized versus 14.1% for VOO. Worst drawdown: COPX -85.4% vs VOO -34.3%.
Should I hold both COPX and VOO?
COPX and VOO have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between COPX and VOO?
COPX and VOO share 1 common holdings with a 0.1% weight overlap. Combined, they hold 543 unique securities.
Which pays a higher dividend, COPX or VOO?
COPX yields 2.45% while VOO yields 1.08%, so COPX currently pays the higher dividend yield.
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