Do ICOP and POWR hold the same stocks?

By their latest filings, 0% 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, ICOP or POWR?

ICOP has 13% of its weight in S&P 500 names and POWR has 80%, so ICOP differs more from the index.

Which is cheaper, ICOP or POWR?

ICOP charges 0.47% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

Share on X Download as PDF Open live

ICOP vs POWR: which is really different?

ICOP and POWR hold 0% of their weight in the same names, and ICOP returned +44.3% over the year. iShares Copper and Metals Mining ETF and iShares U.S. Power Infrastructure ETF.

13.2%

ICOP in the S&P 500

80.5%

POWR in the S&P 500

+44.3%

ICOP total return, 1 year

+2.8%

POWR total return, 1 year

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

POWR · 1 year to Sep 30, 202620% of its weight is outside the S&P 500

81% of POWR's weight is in S&P 500 companies and 20% 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?

ICOP 74.4

POWR 39.6

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, ICOP and POWR hold 0% 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

0% in common

Positions both hold, largest shared weight first

Holding ICOP POWR

BLK CSH FND TREASURY SL AGENCY 0.18% 0.16%

AUD CASH 0.12% 0.00%

CAD CASH 0.02% 0.00%

EUR CASH 0.00% 0.00%

USD CASH -0.08% 0.05%

Only in ICOP

FREEPORT MCMORAN INC 8.29%

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%

Only in POWR

EATON PLC 6.56%

QUANTA SERVICES INC 6.50%

GE VERNOVA 6.34%

NEXTERA ENERGY 5.81%

EQT 4.45%

SOUTHERN 4.02%

NVENT ELECTRIC PLC 3.81%

DUKE ENERGY CORP 3.75%

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

0% 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	ICOP	POWR	ICOP	POWR	ICOP	POWR
3 months	+9.6%	−11.1%	+7.1 pts	−13.6 pts	+7.5 pts	−13.2 pts
6 months	+8.9%	−7.6%	−8.0 pts	−24.6 pts	−17.9 pts	−34.5 pts
1 year	+44.3%	+2.8%	+28.5 pts	−12.9 pts	+20.5 pts	−20.9 pts
3 years	+137.4%	+8.7%	+52.4 pts	−76.3 pts	+27.4 pts	−101.3 pts
Since launch ICOP Jun 2023 · POWR Feb 2012	+134.9%	+64.8%	+51.7 pts	−577.6 pts	+27.1 pts	−1207.1 pts

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

On the same fields

ICOP

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

POWR

iShares U.S. Power Infrastructure ETF · Holds 82 stocks in electrification and the grid, 80% of its weight in S&P 500 companies

Issuer iShares iShares

Theme Copper Electrification and the grid

In the S&P 500 13.2% 80.5%

Active share vs the S&P 500 99.7% 96.9%

In the Nasdaq-100 0.0% 9.9%

Holdings 87 82

Top ten, share of the fund 61.5% 48.3%

Expense ratio 0.47% 0.39%

Fee for the differing part 0.47% 0.40%

Total return, 1 year +44.3% +2.8%

vs the S&P 500 +28.5 pts −12.9 pts

vs the Nasdaq-100 +20.5 pts −20.9 pts

Below its high −12.6% −13.8%

Net assets $467m $426m

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

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.

POWR in plain words

By weight, 80% of POWR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 48% of the fund across 82 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +2.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 12.9 pts. It sits 13.8% below its all-time high of May 5, 2026.

Questions people ask

Do ICOP and POWR hold the same stocks?: By their latest filings, 0% 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, ICOP or POWR?: ICOP has 13% of its weight in S&P 500 names and POWR has 80%, so ICOP differs more from the index.
Which is cheaper, ICOP or POWR?: ICOP charges 0.47% a year and POWR charges 0.39%, so POWR is cheaper. Fees come from each fund's prospectus.

Other comparisons

ICOP vs POW ICOP vs TRFM ICOP vs VOLT ICOP vs ZAP POWR vs TRFM POWR vs COPA POWR vs COPJ POWR vs COPP

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

Where these figures came from

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

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

Open data

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