Which stocks are most correlated with COPJ?

Based on one year of daily returns, the stocks most correlated with Sprott Junior Copper Miners ETF (COPJ) are COPA (0.91), COPP (0.90) and ICOP (0.89). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.

Which stocks are inversely correlated with COPJ?

Over the past year, the stocks most inversely correlated with Sprott Junior Copper Miners ETF (COPJ) are JDST (-0.78), GDXD (-0.76) and DUST (-0.76). A negative correlation means the two stocks have tended to move in opposite directions.

Sprott Junior Copper Miners ETF (COPJ) — Stock Correlations & Overview

Over the past year, COPJ has moved most closely with COPA, COPP, ICOP. Explore the stocks most correlated and inversely correlated with COPJ below, along with its price, financials, and company profile.

Stocks correlated with COPJ

Correlation of daily returns. Higher positive values move with COPJ; negative values move opposite it. Informational only, not investment advice.

Most correlated with COPJ

Symbol	Company	Correlation
COPA	Themes Copper Miners ETF	0.91
COPP	Sprott Copper Miners ETF	0.90
ICOP	iShares Copper and Metals Mining ETF	0.89
COPX	Global X Copper Miners ETF (NEW)	0.89
METL	Sprott Active Metals & Miners ETF	0.88

Most inversely correlated with COPJ

Symbol	Company	Correlation
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.78
GDXD	MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.76
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.76
ZSL	ProShares UltraShort SilverCOMMODITY CONTRACTS BROKERS & DEALERS	-0.73
GLL	ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS	-0.70

Frequently asked questions about COPJ correlations

Which stocks are most correlated with COPJ?: Based on one year of daily returns, the stocks most correlated with Sprott Junior Copper Miners ETF (COPJ) are COPA (0.91), COPP (0.90) and ICOP (0.89). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with COPJ?: Over the past year, the stocks most inversely correlated with Sprott Junior Copper Miners ETF (COPJ) are JDST (-0.78), GDXD (-0.76) and DUST (-0.76). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?: Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these COPJ correlations calculated?: We compute the correlation of daily returns between COPJ and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.

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