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

$23.91

Average Daily Volume

17,373

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$23.95

Average Daily Volume

394,716

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	COPP	ERY
30 Days	-8.71%	3.01%
60 Days	-0.21%	4.55%
90 Days	4.91%	-1.25%
12 Months		-9.07%

0 Overlapping Holdings

	Symbol	Grade	Weight in COPP	Weight in ERY	Overlap

COPP Overweight 4 Positions Relative to ERY

Symbol	Grade	Weight
FCX	D	23.94%
SCCO	B	4.93%
IE	B	1.01%
NAK	B	0.29%

COPP Underweight 21 Positions Relative to ERY

Symbol	Grade	Weight
XOM	C	-22.35%
CVX	C	-19.86%
EOG	D	-4.79%
COP	C	-4.59%
SLB	F	-4.34%
PSX	F	-4.03%
KMI	A	-4.01%
OXY	F	-3.95%
VLO	F	-3.61%
MPC	F	-3.56%
OKE	A	-3.08%
WMB	A	-2.79%
HAL	F	-2.03%
HES	D	-1.75%
BKR	A	-1.48%
FANG	F	-1.39%
APA	F	-1.19%
MRO	B	-1.02%
DVN	F	-0.97%
NOV	F	-0.88%
HP	C	-0.47%

COPP: Top Represented Industries & Keywords

Industries: Copper Industrial Metals & Minerals Software - Application

Keywords: Mining Molybdenum Natural Sciences Artificial Intelligence Artificial Intelligence Services Cobalt Coke Copper Copper Extraction Copper Mining In The United States Metallurgical Processes Metallurgy Oil And Gas Refinery Restorative Dentistry S&P 500 Smelting Vanadium