COPZ ETF — Defiance Daily Target 2X Long Copper Miners ETF

Defiance Daily Target 2X Long Copper Miners ETF (COPZ)

Updated October 16, 2026.

COPZ is an ETF linked to Copper Miners. its expense ratio is 0.95%. Total return is -33.0% over the past 0.7 years, 45.6 points behind SPY at 12.6%.

Defiance Daily Target 2X Long Copper Miners ETF is an actively managed ETF that seeks to deliver twice the daily percentage movement of copper mining company share prices through swap agreements; it is non-diversified and leveraged, making it designed for short-term tactical trading rather than buy-and-hold investing. The fund does not have a standard expense ratio or established distribution schedule. This security appeals primarily to active traders seeking amplified exposure to copper mining equities on a daily basis, not to income investors or long-term holders.

COPZ performance versus SPY

Price and return data through 2026-10-16.

Total return is -33.0% over the past 0.7 years, 45.6 points behind SPY at 12.6%.

COPZ key facts

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Commodity

Inception date

02/17/2026

Expense ratio

0.95%

Distribution frequency

None

Last close

$13.41 (as of 2026-10-16)

AUM

$6,538,369

Average volume

2966.0

Beta

5.4068

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Defiance ETFs or company page; Index: Copper Miners; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

COPZ risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider COPZ — and who may not

It is a weaker fit for investors who need monthly cash flow (COPZ does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on COPZ

• All tickers starting with C

Tagged: Leverage.

Frequently asked questions

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