A side-by-side comparison of Global X Copper Producer Equity Covered Call ETF (CPCC) and iShares S&P/TSX Capped Materials Index ETF (XMA) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | CPCC | XMA |
|---|---|---|
| YTD Return | +12.18%✓ | +4.07% |
| 1-Day Change | -1.76% | +1.52%✓ |
| 1-Week Change | -4.43% | -2.88%✓ |
| 1-Month Change | +5.04%✓ | -0.69% |
| Current Price | $24.60 | $43.44 |
| AUM | $103M | $647M✓ |
| MER (Expense Ratio) | — | 0% |
| Dividend Yield | — | 0.36% |
| Distribution Frequency | — | Quarterly |
| Inception Date | 2025-12-01 | 2005-12-19 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | ★★★★ |
| Category | Natural Resources Equity | Natural Resources Equity |
| Beta | 0.00 | 1.49 |
| 52-Week High | $26.70 | $55.67 |
| 52-Week Low | $18.55 | $26.55 |
| 50-Day MA | $23.89 | $45.20 |
| 200-Day MA | $23.25 | $42.96 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | CPCC | XMA |
|---|---|---|
| YTD | +12.18%✓ | +4.07% |
| 1 Year | — | +55.95% |
| 3 Year | — | +33.29% |
| 5 Year | — | +18.78% |
| 10 Year | — | +13.35% |
| 1Y Volatility | — | 38.87% |
| Sharpe Ratio (3Y) | — | 1.18 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | COPX | Global X Copper Miners ETF | 19.26% |
| 2 | TECK-B | Teck Resources Limited | 9.38% |
| 3 | LUN | Lundin Mining Corporation | 9.27% |
| 4 | FCX | Freeport-McMoran Copper & Gold Inc | 9.06% |
| 5 | SCCO | Southern Copper Corporation | 8.64% |
| 6 | FM | First Quantum Minerals Ltd | 8.32% |
| 7 | HBM | HudBay Minerals Inc | 6.74% |
| 8 | IVN | Ivanhoe Mines Ltd. | 5.62% |
| 9 | CS | Capstone Mining Corp | 4.99% |
| 10 | BHP | BHP Group Limited | 4.35% |
| 1 | AEM | Agnico Eagle Mines Limited | 13.89% |
| 2 | ABX | Barrick Gold Corp | 10.82% |
| 3 | WPM | Wheaton Precious Metals Corp | 9.23% |
| 4 | FNV | Franco-Nevada Corporation | 6.75% |
| 5 | K | Kinross Gold Corp | 5.51% |
| 6 | NTR | Nutrien Ltd | 4.98% |
| 7 | TECK-B | Teck Resources Limited | 4.49% |
| 8 | PAAS | Pan American Silver Corp | 3.64% |
| 9 | FM | First Quantum Minerals Ltd | 3.14% |
| 10 | LUN | Lundin Mining Corporation | 3.05% |
Sector Weights
| Sector | CPCC | XMA |
|---|---|---|
| Basic Materials | 99.39% | 98.28% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 1.72% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.61% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About CPCC
Global X Copper Producer Equity Covered Call ETF (CPCC.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About XMA
iShares S&P/TSX Capped Materials Index ETF (XMA.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both CPCC and XMA are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
CPCC and XMA are closely matched on the metrics we track. The right choice depends on your individual investment goals, tax situation, and time horizon.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between CPCC and XMA?
CPCC (Global X Copper Producer Equity Covered Call ETF) and XMA (iShares S&P/TSX Capped Materials Index ETF) are both Canadian-listed ETFs. Key differences include their AUM ($103M vs $647M), dividend yield (N/A vs 0.36%), and year-to-date performance (+12.18% vs +4.07%).
Is CPCC better than XMA?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, CPCC has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy CPCC and XMA on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both CPCC and XMA should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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