Do ICOP and TPZ hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

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

ICOP has 14% of its weight in S&P 500 names and TPZ has 55%, so ICOP differs more from the index.

Which is cheaper, ICOP or TPZ?

ICOP charges 0.47% a year and TPZ charges 0.85%, so ICOP is cheaper. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Thematic ETFs

ICOP vs TPZ: Holdings Overlap & Returns

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Over the year to Oct 28, 2026, ICOP returned +32.9% to TPZ's +3.7%; 0% of their weight is in the same names.

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Net assets: $433m on Oct 27, 2026 for iShares Copper and Metals Mining ETF, and $129m on May 31, 2026 for Tortoise Electrification Infrastructure ETF.

ICOP on its own →TPZ on its own →

At a glance

13.5%

ICOP in the S&P 500

54.6%

TPZ in the S&P 500

+32.9%

ICOP total return, 1 year

+3.7%

TPZ total return, 1 year

ICOP · 1 year to Oct 28, 2026 87% of its weight is outside the S&P 500

14% of ICOP's weight is in S&P 500 companies and 87% is outside the index. Holdings as of Oct 27, 2026.

TPZ · 1 year to Oct 28, 2026 45% of its weight is outside the S&P 500

55% of TPZ's weight is in S&P 500 companies and 45% is outside the index. Holdings as of May 31, 2026.

Pair scorecard

ICOP costs 0.38 points a year less; their one-year returns differ by 29.2 points.

ICOP vs TPZ: Holdings Overlap & Returns
Measure	ICOP	TPZ
Return
Measure	ICOP	TPZ
Total return, 1 year	+32.9%	+3.7%
Drawdown
Measure	ICOP	TPZ
Below its all-time high	17.9%, high on Aug 25, 2026	6.3%, high on Apr 30, 2026
Benchmark
Measure	ICOP	TPZ
What it tracks	Copper	Electrification and the grid
Cost and size
Measure	ICOP	TPZ
Expense ratio	0.47%	0.85%
Net assets, ICOP as of Oct 27, 2026 and TPZ as of May 31, 2026	$433m	$129m
Holdings
Measure	ICOP	TPZ
Holdings in common	0%

Holdings in common uses holdings dated May 31, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, ICOP and TPZ hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first ICOP TPZ

Only in one fund ↓

Only in ICOP

GRUPO MEXICO B 8.79%

ANGLO AMERICAN PLC 8.57%

FREEPORT MCMORAN INC 8.35%

BHP GROUP LTD 8.09%

TECK RESOURCES SUBORDINATE VOTING 5.90%

NEWMONT 5.13%

SOUTHERN COPPER CORP 5.08%

LUNDIN MINING 4.49%

Only in TPZ

Energy Transfer LP 7.22%

Entergy Corp 5.87%

Targa Resources Corp 5.64%

Clearway Energy Inc 5.60%

Williams Cos Inc 5.42%

TC Energy Corp 5.28%

Cheniere Energy Inc 4.75%

Constellation Energy Corp 4.53%

Check overlap with more funds →

Window by window

Window by window: ICOP vs TPZ: Holdings Overlap & Returns
	Total return
Window	ICOP	TPZ
3 months	+3.2%	+0.3%
6 months	+3.6%	−3.5%
1 year	+32.9%	+3.7%
3 years	+138.7%	–
Since launchNot the same days: ICOP Jun 2023 · TPZ Dec 2024	+120.6%	+12.6%

– means no data for this window. Open this comparison in the app →

Side by side

ICOP iShares Copper and Metals Mining ETF · Holds 67 stocks in copper, 14% of its weight in S&P 500 companies TPZ Tortoise Electrification Infrastructure ETF · Holds 31 stocks in electrification and the grid, 55% of its weight in S&P 500 companies

Issuer iShares Tortoise

Theme Copper Electrification and the grid

In the S&P 500 13.5% 54.6%

Active share vs the S&P 500 99.7% 98.3%

In the Nasdaq-100 0.0% 7.0%

Holdings 67 31

Top ten, share of the fund 63.0% 52.7%

Expense ratio 0.47% 0.85%

Fee for the differing part 0.47% 0.86%

Total return, 1 year +32.9% +3.7%

vs its benchmark not measured not measured

Below its high −17.9% −6.3%

Net assets, ICOP as of Oct 27, 2026 and TPZ as of May 31, 2026 $433m $129m

As of Oct 28, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Alert

About each fund

ICOP

By weight, 14% 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 63% of the fund across 67 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +32.9% with distributions reinvested. It sits 17.9% below its all-time high of Aug 25, 2026.

TPZ

By weight, 55% of TPZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 53% of the fund across 31 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned +3.7% with distributions reinvested. It sits 6.3% below its all-time high of Apr 30, 2026.

Questions people ask

Do ICOP and TPZ hold the same stocks?: By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ICOP or TPZ?: ICOP has 14% of its weight in S&P 500 names and TPZ has 55%, so ICOP differs more from the index.
Which is cheaper, ICOP or TPZ?: ICOP charges 0.47% a year and TPZ charges 0.85%, so ICOP is cheaper. Fees come from each fund's prospectus.

Other comparisons

ICOP vs POWR ICOP vs ELFY ICOP vs TRFM ICOP vs POW TPZ vs COPX TPZ vs COPP TPZ vs COPJ TPZ vs COPA

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ICOP on its own →TPZ on its own →ICOP dividend history →ICOP holdings →TPZ dividend history →TPZ holdings →Method →Standards and sources →

Sources and dates

ICOP filings on SEC EDGAR ↗

ICOP prospectus with the expense ratio (SEC) ↗

iShares page for ICOP ↗

TPZ filings on SEC EDGAR ↗

TPZ prospectus with the expense ratio (SEC) ↗

Tortoise website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, ICOP against TPZ, data as of Oct 28, 2026. https://etfiq.com/compare/themes/icop-vs-tpz

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.