COPP vs. ERY ETF Comparison
Comparison of Sprott Copper Miners ETF (COPP) to Direxion Energy Bear 3X Shares (ERY)
COPP
Sprott Copper Miners ETF
COPP Description
COPP aims to replicate an index comprised of 30 to 50 constituents with a significant portion of their revenue derived from copper mining, exploration, development, and production activities. Eligible securities must meet specific criteria, including minimum free float market capitalization and an Average Daily Traded Value threshold. Companies then undergo a selection process involving industry publications, research, and engagements with company management. Securities are weighted based on free float market capitalization, with excess weight redistributed among other constituents, ensuring portfolio diversification and preventing undue influence by individual companies. The index includes securities from domestic and international issuers, covering emerging and frontier markets, with notable representation from Canadian, Chilean, and Australian issuers. Reconstitution and rebalancing occur semi-annually, with deletions possible at any time due to corporate actions. COPP may also invest in publicly traded closed-ended trusts within the index's purview.
Grade (RS Rating)
Last Trade
$28.17
Average Daily Volume
41,336
3
ERY
Direxion Energy Bear 3X Shares
ERY Description
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.03
Average Daily Volume
328,134
22
Performance
| Period | COPP | ERY |
|---|---|---|
| 30 Days | 13.86% | -1.14% |
| 60 Days | 23.91% | -6.48% |
| 90 Days | -18.34% | |
| 12 Months | -32.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in COPP | Weight in ERY | Overlap |
|---|
COPP Underweight 22 Positions Relative to ERY
| Symbol | Grade | Weight | |
|---|---|---|---|
| XOM | B | -22.35% | |
| CVX | C | -19.86% | |
| EOG | D | -4.79% | |
| COP | D | -4.59% | |
| SLB | F | -4.34% | |
| PSX | D | -4.03% | |
| KMI | A | -4.01% | |
| OXY | D | -3.95% | |
| VLO | D | -3.61% | |
| MPC | D | -3.56% | |
| OKE | B | -3.08% | |
| WMB | B | -2.79% | |
| PXD | B | -2.38% | |
| HAL | F | -2.03% | |
| HES | C | -1.75% | |
| BKR | C | -1.48% | |
| FANG | C | -1.39% | |
| APA | F | -1.19% | |
| MRO | D | -1.02% | |
| DVN | D | -0.97% | |
| NOV | F | -0.88% | |
| HP | F | -0.47% |
COPP: Top Represented Industries & Keywords
ERY: Top Represented Industries & Keywords
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