Do EMET and ICOP hold the same stocks?

By their latest filings, 44% 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, EMET or ICOP?

EMET has 10% of its weight in S&P 500 names and ICOP has 13%, so EMET differs more from the index.

Which is cheaper, EMET or ICOP?

EMET charges 0.62% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

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EMET vs ICOP: which is really different?

EMET and ICOP hold 44% of their weight in the same names, and ICOP returned +44.3% over the year. VanEck Copper and Electrification Metals ETF and iShares Copper and Metals Mining ETF.

10.5%

EMET in the S&P 500

13.2%

ICOP in the S&P 500

+32.7%

EMET total return, 1 year

+44.3%

ICOP total return, 1 year

EMET · 1 year to Sep 30, 202690% of its weight is outside the S&P 500

11% of EMET's weight is in S&P 500 companies and 90% 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 · EMET scores higherHow much of it is not the index it is sold as an alternative to?

EMET 78.3

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, EMET and ICOP hold 44% 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 Sep 29, 2026 and Sep 30, 2026.

50%

half

44% in common

Positions both hold, largest shared weight first

Holding EMET ICOP

Freeport-Mcmoran Inc 8.26% 8.29%

Anglo American Plc 8.53% 8.16%

Southern Copper Corp 4.75% 4.89%

Antofagasta Plc 4.82% 4.43%

Hudbay Minerals Inc 2.78% 3.20%

Kghm Polska Miedz Sa 2.44% 3.13%

Capstone Copper Corp 1.69% 1.84%

Mmg Ltd 1.06% 1.31%

Ero Copper Corp 0.69% 1.03%

Only in EMET

Grupo Mexico Sab De Cv 7.32%

Teck Resources Ltd 6.84%

Valterra Platinum Ltd 3.56%

Boliden Ab 3.44%

Sumitomo Metal Mining Co Ltd 3.37%

Lundin Mining Corp 3.08%

First Quantum Minerals Ltd 2.89%

Albemarle Corp 2.27%

Only in ICOP

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%

RIO TINTO ADR REPTG ONE 3.09%

BARRICK MINING 3.01%

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

44% 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	EMET	ICOP	EMET	ICOP	EMET	ICOP
3 months	+4.2%	+9.6%	+1.6 pts	+7.1 pts	+2.0 pts	+7.5 pts
6 months	+0.3%	+8.9%	−16.7 pts	−8.0 pts	−26.6 pts	−17.9 pts
1 year	+32.7%	+44.3%	+17.0 pts	+28.5 pts	+8.9 pts	+20.5 pts
3 years	+75.1%	+137.4%	−9.9 pts	+52.4 pts	−34.9 pts	+27.4 pts
Since launch EMET Nov 2021 · ICOP Jun 2023	+27.8%	+134.9%	−48.1 pts	+51.7 pts	−67.3 pts	+27.1 pts

EMET 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

EMET

VanEck Copper and Electrification Metals ETF · Holds 59 stocks in copper, 10% 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 VanEck iShares

Theme Copper Copper

In the S&P 500 10.5% 13.2%

Active share vs the S&P 500 99.8% 99.7%

In the Nasdaq-100 0.0% 0.0%

Holdings 59 87

Top ten, share of the fund 54.0% 61.5%

Expense ratio 0.62% 0.47%

Fee for the differing part 0.62% 0.47%

Total return, 1 year +32.7% +44.3%

vs the S&P 500 +17.0 pts +28.5 pts

vs the Nasdaq-100 +8.9 pts +20.5 pts

Below its high −15.5% −12.6%

Net assets $35m $467m

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

EMET in plain words

By weight, 10% of EMET'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 54% of the fund across 59 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +32.7% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 17.0 pts. It sits 15.5% below its all-time high of Feb 27, 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 EMET and ICOP hold the same stocks?: By their latest filings, 44% 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, EMET or ICOP?: EMET has 10% of its weight in S&P 500 names and ICOP has 13%, so EMET differs more from the index.
Which is cheaper, EMET or ICOP?: EMET charges 0.62% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

Other comparisons

EMET vs FPWR EMET vs GRID EMET vs TRFM EMET vs VOLT ICOP vs GRID ICOP vs JOUL ICOP vs POW ICOP vs POWR

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

Where these figures came from

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