Do COPA and ELFY hold the same stocks?

By their latest filings, 3% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, COPA or ELFY?

COPA has 9% of its weight in S&P 500 names and ELFY has 48%, so COPA differs more from the index.

Which is cheaper, COPA or ELFY?

COPA charges 0.35% a year and ELFY charges 0.50%, so COPA is cheaper. Fees come from each fund's prospectus.

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COPA vs ELFY: which is really different?

COPA and ELFY hold 3% of their weight in the same names, and COPA returned +47.6% over the year. Themes Copper Miners ETF and ALPS Electrification Infrastructure ETF.

8.6%

COPA in the S&P 500

48.1%

ELFY in the S&P 500

+47.6%

COPA total return, 1 year

+8.7%

ELFY total return, 1 year

COPA · 1 year to Sep 30, 202691% of its weight is outside the S&P 500

9% of COPA's weight is in S&P 500 companies and 91% is outside the index

ELFY · 1 year to Sep 30, 202652% of its weight is outside the S&P 500

48% of ELFY's weight is in S&P 500 companies and 52% is outside the index

ETFIQ Off-Index Score · COPA scores higherHow much of it is not the index it is sold as an alternative to?

COPA 82.3

ELFY 30.8

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, COPA and ELFY hold 3% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.

50%

half

3% in common

Positions both hold, largest shared weight first

Holding COPA ELFY

Hudbay Minerals Inc 4.35% 1.10%

Teck Resources Ltd 3.29% 1.05%

Freeport-McMoRan Inc 8.57% 0.92%

Only in COPA

Glencore PLC 4.46%

BHP Group Ltd 4.08%

Jiujiang Defu Technology Co Lt 3.78%

First Quantum Minerals Ltd 3.52%

Anglo American PLC 3.50%

Lundin Mining Corp 3.37%

Antofagasta PLC 3.15%

Southern Copper Corp 3.10%

Only in ELFY

Sterling Infrastructure Inc 1.75%

Vicor Corp 1.66%

Bloom Energy Corp 1.49%

Powell Industries Inc 1.36%

Enphase Energy Inc 1.32%

First Solar Inc 1.28%

Ies Holdings Inc 1.28%

Nvent Electric Plc 1.28%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

3% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	COPA	ELFY	COPA	ELFY	COPA	ELFY
3 months	+10.3%	−11.6%	+7.8 pts	−14.1 pts	+8.2 pts	−13.7 pts
6 months	+17.5%	−2.8%	+0.6 pts	−19.7 pts	−9.3 pts	−29.6 pts
1 year	+47.6%	+8.7%	+31.9 pts	−7.0 pts	+23.8 pts	−15.1 pts
Since launch COPA Sep 2024 · ELFY Apr 2025	+108.5%	+49.7%	+72.0 pts	+1.9 pts	+54.6 pts	−17.2 pts

COPA and ELFY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

COPA

Themes Copper Miners ETF · Holds 49 stocks in copper, 9% of its weight in S&P 500 companies

ELFY

ALPS Electrification Infrastructure ETF · Holds 108 stocks in electrification and the grid, 48% of its weight in S&P 500 companies

Issuer Themes ALPS

Theme Copper Electrification and the grid

In the S&P 500 8.6% 48.1%

Active share vs the S&P 500 99.9% 94.6%

In the Nasdaq-100 0.0% 3.1%

Holdings 49 108

Top ten, share of the fund 42.1% 13.9%

Expense ratio 0.35% 0.50%

Fee for the differing part 0.35% 0.53%

Total return, 1 year +47.6% +8.7%

vs the S&P 500 +31.9 pts −7.0 pts

vs the Nasdaq-100 +23.8 pts −15.1 pts

Below its high −10.9% −15.2%

Net assets $13m $203m

COPA and ELFY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

COPA in plain words

By weight, 9% of COPA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 42% of the fund across 49 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +47.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 31.9 pts. It sits 10.9% below its all-time high of Aug 27, 2026.

ELFY in plain words

By weight, 48% of ELFY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 14% of the fund across 108 positions, as filed for May 31, 2026. Over the year to Sep 30, 2026 the fund returned +8.7% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 7.0 pts. It sits 15.2% below its all-time high of Jun 2, 2026.

Questions people ask

Do COPA and ELFY hold the same stocks?: By their latest filings, 3% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, COPA or ELFY?: COPA has 9% of its weight in S&P 500 names and ELFY has 48%, so COPA differs more from the index.
Which is cheaper, COPA or ELFY?: COPA charges 0.35% a year and ELFY charges 0.50%, so COPA is cheaper. Fees come from each fund's prospectus.

Other comparisons

COPA vs COPJ COPA vs COPP COPA vs EMET COPA vs FPWR ELFY vs EMET ELFY vs FPWR ELFY vs ICOP ELFY vs JOUL

COPA on its own →ELFY on its own →How every figure is computed →Standards and sources →

Where these figures came from

COPA filings on SEC EDGAR ↗COPA prospectus with the expense ratio (SEC) ↗Themes page for COPA ↗ELFY filings on SEC EDGAR ↗ELFY prospectus with the expense ratio (SEC) ↗ALPS website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, COPA against ELFY, data as of Sep 30, 2026. https://etfiq.com/compare/themes/copa-vs-elfy

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.