]. COPD is a major burden globally. According to the Global Burden of Disease study, COPD caused 3.2 million deaths in 2015, accounting for 5% of all deaths worldwide, making it the third leading cause of death in the world [1]. The Global Initiative for Chronic Obstructive Lung Disease (GOLD) defines spirometrically confirmed COPD based on a forced expiratory volume during the first second (FEV 1) to a forced vital capacity (FVC) ratio smaller than 0.7 [2]. The severity of airflow obstruction is further defined through GOLD severity grades based on the ratio of FEV 1 to its predicted value, with GOLD 1, 2, 3 and 4 defined around cutoff points of 80%, 50%, and 30% [2]. While diagnostic and disease management decisions (e.g. therapeutic choices) demand definitions that create distinct categories, the physiological processes underlying COPD act on a continuous scale [3]. For example, it is recognised that patients fall on a continuous spectrum on the three major aspects of COPD: rate of lung function decline [4], frequency of acute COPD exacerbations [5] and symptom burden [6], with little correlation between the three. Categorising such a continuous process inevitably results in COPD phenotypes that are numerous, loosely defined, and not always mutually exclusive [7, 8].