Do COPP and ICOP hold the same stocks?

By their latest filings, 45% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, COPP or ICOP?

COPP has 25% of its weight in S&P 500 names and ICOP has 13%, so COPP differs more from the index.

Which is cheaper, COPP or ICOP?

COPP charges 0.66% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

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COPP vs ICOP: which is really different?

COPP and ICOP hold 45% of their weight in the same names, and COPP returned +51.2% over the year. Sprott Copper Miners ETF and iShares Copper and Metals Mining ETF.

25.1%

COPP in the S&P 500

13.2%

ICOP in the S&P 500

+51.2%

COPP total return, 1 year

+44.3%

ICOP total return, 1 year

COPP · 1 year to Sep 30, 202675% of its weight is outside the S&P 500

25% of COPP's weight is in S&P 500 companies and 75% is outside the index

ICOP · 1 year to Sep 30, 202687% of its weight is outside the S&P 500

13% of ICOP's weight is in S&P 500 companies and 87% is outside the index

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

COPP 82.3

ICOP 74.4

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, COPP and ICOP hold 45% 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 Sep 29, 2026.

50%

half

45% in common

Positions both hold, largest shared weight first

Holding COPP ICOP

Freeport-mcmoran Inc 25.12% 8.29%

Southern Copper Corp 4.83% 4.89%

Antofagasta Plc 9.35% 4.43%

Kghm Polska Miedz Sa 4.89% 3.13%

Capstone Copper Corp 3.33% 1.84%

Mmg Ltd 1.92% 1.31%

Atalaya Mining Copper Sa 0.68% 0.53%

Faraday Copper Corp 0.54% 0.26%

Amerigo Resources Ltd 0.32% 0.25%

Firefly Metals Ltd 0.48% 0.24%

Osisko Metals Inc 0.42% 0.24%

Aeris Resources Ltd 0.13% 0.12%

Only in COPP

Teck Resources Ltd 10.04%

Sprott Physical Copper Trust 5.22%

First Quantum Minerals Ltd 4.70%

Lundin Mining Corp 4.32%

Hudbay Minerals Inc 4.29%

Ivanhoe Mines Ltd 2.71%

Sandfire Resources Ltd 2.58%

Amman Mineral Internasional Pt 1.76%

Only in ICOP

ANGLO AMERICAN PLC 8.16%

GRUPO MEXICO B 8.11%

BHP GROUP LTD 7.76%

TECK RESOURCES SUBORDINATE VOTING 5.68%

NEWMONT 4.93%

FIRST QUANTUM MINERALS 4.80%

LUNDIN MINING 4.42%

HUDBAY MINERALS 3.20%

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

45% 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	COPP	ICOP	COPP	ICOP	COPP	ICOP
3 months	+10.9%	+9.6%	+8.4 pts	+7.1 pts	+8.8 pts	+7.5 pts
6 months	+14.0%	+8.9%	−3.0 pts	−8.0 pts	−12.9 pts	−17.9 pts
1 year	+51.2%	+44.3%	+35.5 pts	+28.5 pts	+27.4 pts	+20.5 pts
3 years	not published	+137.4%	not published	+52.4 pts	not published	+27.4 pts
Since launch COPP Mar 2024 · ICOP Jun 2023	+117.4%	+134.9%	+62.9 pts	+51.7 pts	+46.4 pts	+27.1 pts

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

On the same fields

COPP

Sprott Copper Miners ETF · Holds 80 stocks in copper, 25% of its weight in S&P 500 companies

ICOP

iShares Copper and Metals Mining ETF · Holds 87 stocks in copper, 13% of its weight in S&P 500 companies

Issuer Sprott iShares

Theme Copper Copper

In the S&P 500 25.1% 13.2%

Active share vs the S&P 500 99.9% 99.7%

In the Nasdaq-100 0.0% 0.0%

Holdings 80 87

Top ten, share of the fund 76.1% 61.5%

Expense ratio 0.66% 0.47%

Fee for the differing part 0.66% 0.47%

Total return, 1 year +51.2% +44.3%

vs the S&P 500 +35.5 pts +28.5 pts

vs the Nasdaq-100 +27.4 pts +20.5 pts

Below its high −11.1% −12.6%

Net assets $279m $467m

COPP and ICOP on the same fields, as of Sep 30, 2026. Source: ETFIQ.

COPP in plain words

By weight, 25% of COPP'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 76% of the fund across 80 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +51.2% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 35.5 pts. It sits 11.1% below its all-time high of Aug 25, 2026.

ICOP in plain words

By weight, 13% of ICOP'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 62% of the fund across 87 positions, as published by its issuer for Sep 29, 2026. Over the year to Sep 30, 2026 the fund returned +44.3% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 28.5 pts. It sits 12.6% below its all-time high of Aug 25, 2026.

Questions people ask

Do COPP and ICOP hold the same stocks?: By their latest filings, 45% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, COPP or ICOP?: COPP has 25% of its weight in S&P 500 names and ICOP has 13%, so COPP differs more from the index.
Which is cheaper, COPP or ICOP?: COPP charges 0.66% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

Other comparisons

COPP vs GRID COPP vs POW COPP vs POWR COPP vs TRFM ICOP vs JOUL ICOP vs POW ICOP vs POWR ICOP vs TRFM

COPP on its own →ICOP on its own →How every figure is computed →Standards and sources →

Where these figures came from

COPP filings on SEC EDGAR ↗COPP prospectus with the expense ratio (SEC) ↗Sprott page for COPP ↗ICOP filings on SEC EDGAR ↗ICOP prospectus with the expense ratio (SEC) ↗iShares page for ICOP ↗

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, COPP against ICOP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/copp-vs-icop

Open data

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