Do ELFY and ICOP hold the same stocks?

By their latest filings, 2% 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, ELFY or ICOP?

ELFY has 48% of its weight in S&P 500 names and ICOP has 13%, so ICOP differs more from the index.

Which is cheaper, ELFY or ICOP?

ELFY charges 0.50% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

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ELFY vs ICOP: which is really different?

ELFY and ICOP hold 2% of their weight in the same names, and ICOP returned +44.3% over the year. ALPS Electrification Infrastructure ETF and iShares Copper and Metals Mining ETF.

48.1%

ELFY in the S&P 500

13.2%

ICOP in the S&P 500

+8.7%

ELFY total return, 1 year

+44.3%

ICOP total return, 1 year

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

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 · ICOP scores higherHow much of it is not the index it is sold as an alternative to?

ELFY 30.8

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, ELFY and ICOP hold 2% 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 May 31, 2026 and Sep 29, 2026.

50%

half

2% in common

Positions both hold, largest shared weight first

Holding ELFY ICOP

Freeport-mcmoran Inc 0.92% 8.29%

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%

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%

SOUTHERN COPPER CORP 4.89%

FIRST QUANTUM MINERALS 4.80%

ANTOFAGASTA PLC 4.43%

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

2% 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	ELFY	ICOP	ELFY	ICOP	ELFY	ICOP
3 months	−11.6%	+9.6%	−14.1 pts	+7.1 pts	−13.7 pts	+7.5 pts
6 months	−2.8%	+8.9%	−19.7 pts	−8.0 pts	−29.6 pts	−17.9 pts
1 year	+8.7%	+44.3%	−7.0 pts	+28.5 pts	−15.1 pts	+20.5 pts
3 years	not published	+137.4%	not published	+52.4 pts	not published	+27.4 pts
Since launch ELFY Apr 2025 · ICOP Jun 2023	+49.7%	+134.9%	+1.9 pts	+51.7 pts	−17.2 pts	+27.1 pts

ELFY 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

ELFY

ALPS Electrification Infrastructure ETF · Holds 108 stocks in electrification and the grid, 48% 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 ALPS iShares

Theme Electrification and the grid Copper

In the S&P 500 48.1% 13.2%

Active share vs the S&P 500 94.6% 99.7%

In the Nasdaq-100 3.1% 0.0%

Holdings 108 87

Top ten, share of the fund 13.9% 61.5%

Expense ratio 0.50% 0.47%

Fee for the differing part 0.53% 0.47%

Total return, 1 year +8.7% +44.3%

vs the S&P 500 −7.0 pts +28.5 pts

vs the Nasdaq-100 −15.1 pts +20.5 pts

Below its high −15.2% −12.6%

Net assets $203m $467m

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

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.

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 ELFY and ICOP hold the same stocks?: By their latest filings, 2% 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, ELFY or ICOP?: ELFY has 48% of its weight in S&P 500 names and ICOP has 13%, so ICOP differs more from the index.
Which is cheaper, ELFY or ICOP?: ELFY charges 0.50% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

Other comparisons

ELFY vs GRID ELFY vs POW ELFY vs POWR ELFY vs TRFM ICOP vs GRID ICOP vs JOUL ICOP vs POW ICOP vs POWR

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

Where these figures came from

ELFY filings on SEC EDGAR ↗ELFY prospectus with the expense ratio (SEC) ↗ALPS website ↗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, ELFY against ICOP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/elfy-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.