SCOP ETF — Sprott Physical Copper Trust

Sprott Physical Copper Trust (SCOP)

SCOP is a low-cost ETF. Total return is 46.4% over the past 2.1 years, 6.6 points behind SPY at 53.0%.

Sprott Physical Copper Trust is an ETF that provides direct exposure to physical copper bullion. The trust does not currently distribute income to shareholders, as it is structured as a buy-and-hold vehicle for copper metal rather than a dividend-paying security. This ETF appeals to investors seeking commodity exposure or portfolio diversification through physical copper holdings rather than those focused on regular income.

SCOP performance versus SPY

Price and return data through 2026-09-21.

Total return is 46.4% over the past 2.1 years, 6.6 points behind SPY at 53.0%. Over the past year its total return — price change plus distributions reinvested — is 46.8%. Its deepest 1-year drawdown was 27.1%.

SCOP key facts

Issuer

Sprott

Asset type

ETF

Asset class

Commodity

Inception date

08/07/2024

Last close

$12.08 (as of 2026-09-21)

Average volume

57964.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Sprott; 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.

SCOP risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 27.1%.

Who may consider SCOP — and who may not

SCOP may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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