{"url":"https://etfiq.com/compare/themes/copa-vs-icop","section":"compare","title":"COPA vs ICOP: which is really different? | ETFIQ","description":"8.6% of COPA and 13.2% of ICOP is already in the S&P 500 by weight, as filed, and 50% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do COPA and ICOP hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 50% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, COPA or ICOP?","acceptedAnswer":{"@type":"Answer","text":"COPA has 9% of its weight in S&P 500 names and ICOP has 13%, so COPA differs more from the index."}},{"@type":"Question","name":"Which is cheaper, COPA or ICOP?","acceptedAnswer":{"@type":"Answer","text":"COPA charges 0.35% a year and ICOP charges 0.47%, so COPA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"COPA vs ICOP","item":"https://etfiq.com/compare/themes/copa-vs-icop"}]},{"@type":"WebPage","name":"COPA vs ICOP: which is really different?","description":"8.6% of COPA and 13.2% of ICOP is already in the S&P 500 by weight, as filed, and 50% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/copa-vs-icop","dateModified":"2026-09-30","abstract":"COPA and ICOP hold 50% of their weight in the same names, and COPA returned +47.6% over the year.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of COPA and ICOP","description":"8.6% of COPA and 13.2% of ICOP is already in the S&P 500 by weight, as filed, and 50% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/copa-vs-icop","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":7031,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / COPA vs ICOP \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n COPA vs ICOP: which is really different?\n\n COPA and ICOP hold 50% of their weight in the same names, and COPA returned +47.6% over the year.\n Copy this for sharing \n \n Themes Copper Miners ETF and iShares Copper and Metals Mining ETF.\n\n Download as PDF \n\n 8.6% COPA in the S&P 500 \n 13.2% ICOP in the S&P 500 \n +47.6% COPA total return, 1 year \n +44.3% ICOP total return, 1 year \n\n ETFIQ Off-Index Score: COPA scores higher\n How much of it is not the index it is sold as an al","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/copa-vs-icop","a":{"ticker":"COPA","name":"Themes Copper Miners ETF","issuer":"Themes","desk":"themes","as_of":"2026-09-30","verdict":"COPA holds 49 stocks, and 91% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/copa","key_facts":[{"label":"Already in the S&P 500","value":"8.6%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.9%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"42.1%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"+47.6%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$13m","as_of":"2026-09-30","source":"issuer page, as of Sep 18, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 27, 2026"}]},"b":{"ticker":"ICOP","name":"iShares Copper and Metals Mining ETF","issuer":"iShares","desk":"themes","as_of":"2026-09-30","verdict":"ICOP holds 87 stocks, and 87% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/icop","key_facts":[{"label":"Already in the S&P 500","value":"13.2%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.7%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"61.5%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"+44.3%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$467m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.47%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 27, 2026"}]},"overlap_pct":50,"full_text_at":"https://etfiq.com/compare/themes/copa-vs-icop"}