ICOP holdings and overlap
iShares Copper and Metals Mining ETF (ICOP) holds 64 positions in its iShares file of 2026-10-27. Its three largest are Grupo Mexico B (GMEXICOB.MX) at 8.79%, Anglo American PLC (AAL.GB) at 8.57% and Freeport-McMoRan (FCX) at 8.35%, and its ten largest make up 63.0% of the fund.
In its iShares file of 2026-10-27, ICOP is 99.9% materials by sector, with none of it in mega-cap tech or in the ten largest US companies by market value. By country, 29.5% of ICOP is in Canada, 19.7% in the United Kingdom, 13.5% in the United States and 11.9% in Australia.
What does ICOP hold, as of its issuer file of 2026-10-27?
ICOP spreads its weight across 64 positions, against a median of 40 across the 11 Materials funds with a page here. The position ICOP carries furthest above that group is Anglo American PLC at 8.57% of the fund, a company the median fund in that group does not hold at all.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | GMEXICOB.MX Grupo Mexico B | 8.79% | |
| 2 | AAL.GB Anglo American PLC | 8.57% | |
| 3 | FCX Freeport-McMoRan | 8.35% | |
| 4 | BHP.AU BHP Group Ltd | 8.09% | |
| 5 | TECK Teck Resources | 5.9% | |
| 6 | NEM Newmont | 5.13% | |
| 7 | SCCO Southern Copper | 5.08% | |
| 8 | LUN.CA Lundin Mining | 4.49% | |
| 9 | ANTO.GB Antofagasta PLC | 4.38% | |
| 10 | FM.CA First Quantum Minerals | 4.19% | |
| 11 | GLEN.GB Glencore PLC | 3.13% | |
| 12 | KGH.PL KGHM Polska Miedz SA | 3.13% | |
| 13 | B Barrick Mining | 3.11% | |
| 14 | RIO Rio Tinto Plc | 3.04% | |
| 15 | HBM Hudbay Minerals | 3.0% | |
| 16 | VALE Vale ADR Representing One | 2.21% | |
| 17 | SFR.AU Sandfire Resources | 1.86% | |
| 18 | CS.CA Capstone Copper Corp | 1.72% | |
| 19 | CGG.CA China Gold International Resources | 1.64% | |
| 20 | IVN.CA Ivanhoe Mines | 1.36% | |
| 21 | 1208.HK MMG Ltd | 1.17% | |
| 22 | AUGO Aura Minerals Inc | 1.03% | |
| 23 | ERO Ero Copper | 0.98% | |
| 24 | TGB Trekor Metals Limited | 0.85% | |
| 25 | EVN.AU Evolution Mining | 0.81% | |
| 26 | S32.AU South32 | 0.66% | |
| 27 | NGEX.CA Ngex Minerals | 0.64% | |
| 28 | 1258.HK China Nonferrous Mining Corporatio | 0.63% | |
| 29 | ATYM.GB Atalaya Mining Copper SA | 0.48% | |
| 30 | 2POINTZERO.AE Two Point Zero Group | 0.41% | |
| 31 | PE&OLES*.MX Indust Penoles | 0.39% | |
| 32 | 1515.JP Nittetsu Mining Ltd | 0.34% | |
| 33 | 601899.CN Zijin Mining Group Ltd | 0.25% | |
| 34 | ARG.CA Amerigo Resources Ltd | 0.24% | |
| 35 | ASM Avino Silver & Gold Mines | 0.24% | |
| 36 | FDY.CA Faraday Copper Corp | 0.23% | |
| 37 | FFM.AU Firefly Metals Ltd | 0.22% | |
| 38 | OM.CA Osisko Metals Inc | 0.21% | |
| 39 | 1322.SA Al Masane Al Kobra Mining | 0.21% | |
| 40 | SLSR Solaris Resources | 0.2% | |
| 41 | 600362.CN Jiangxi Copper Ltd | 0.19% | |
| 42 | 601168.CN Western Mining Ltd | 0.19% | |
| 43 | AMMN.ID Amman Mineral Internasional | 0.17% | |
| 44 | VISC.SE Gruvaktiebolaget Viscaria | 0.15% | |
| 45 | III.CA Imperial Metals | 0.14% | |
| 46 | NAK Northern Dynasty Minerals | 0.14% | |
| 47 | MARI.CA Marimaca Copper | 0.12% | |
| 48 | AT.PH Atlas Consolidated Mining and Deve | 0.11% | |
| 49 | ATX.CA Atex Resources | 0.11% | |
| 50 | LMCU.CA Lumina Metals Corp | 0.11% | |
| 51 | AIS.AU Aeris Resources Ltd | 0.11% | |
| 52 | 603993.CN China Molybdenum A | 0.11% | |
| 53 | WRN Western Copper and Gold | 0.1% | |
| 54 | CAML.GB Central Asia Metals PLC | 0.1% | |
| 55 | 603979.CN JCHX Mining Management Ltd | 0.1% | |
| 56 | 601212.CN Baiyin Nonferrous Group Ltd | 0.09% | |
| 57 | 000878.CN Yunnan Copper Ltd | 0.09% | |
| 58 | A1M.AU Aic Mines Ltd | 0.09% | |
| 59 | 600711.CN Chengtun Mining Group Ltd | 0.07% | |
| 60 | 000737.CN North Copper Ltd | 0.06% | |
| 61 | CBE.AU Cobre Ltd | 0.05% | |
| 62 | CNB.AU Carnaby Resources Ltd | 0.04% | |
| 63 | 600490.CN Pengxin International Mining Ltd | 0.03% | |
| 64 | NEXA Nexa Resources S.A. | 0.03% |
The most recent file iShares has published for ICOP is dated 2026-10-27, 1 day before these prices, which is the median for the iShares ETFs covered here. Every one of the 64 positions ICOP holds, with its weight, is in the fund's JSON file. See the other 32 ETFs with a page here that hold GMEXICOB.MX, and how their weights compare with the 8.79% ICOP gives it.
Category: Materials, set by TickerInside from the ETF's own latest file. In its file of 2026-10-27, 100% of its stocks whose sector is known are materials companies, each in the sector the site gives that company. How categories are set.
https://tickerinside.com/api/v1/fund/icop.jsonhttps://tickerinside.com/api/v1/fund/icop.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/icop.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/icop.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/icop.jsonHow much money went into or out of ICOP?
On the close of Friday, October 23, 2026, ICOP neither created nor redeemed shares. Over its last 5 closes, a net outflow of $5.1 million.
From ICOP's own holdings files. Every ETF's latest flows.
How is ICOP split by sector and country?
| Sector | Weight | Weight bar |
|---|---|---|
| Materials | 99.9% |
| Country | Weight | Weight bar |
|---|---|---|
| Canada | 29.5% | |
| United Kingdom | 19.7% | |
| United States | 13.5% | |
| Australia | 11.9% | |
| Mexico | 9.2% | |
| Peru | 5.1% | |
| Brazil | 3.2% | |
| Poland | 3.1% | |
| China | 3.0% | |
| United Arab Emirates | 0.4% | |
| Other countries | 1.2% |
From its iShares file of 2026-10-27. How these are measured.
What did ICOP hold in its SEC reports since 2023?
In ICOP's SEC filings, its largest position went from Freeport-McMoRan (FCX) at 8.36% on 2023-06-30 to BHP Group Ltd (BHP.AU) at 8.18% on 2026-06-30, across 13 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2023-06-30 | 33 | FCX 8.36% | 63.1% |
| 2023-12-31 | 35 | GMEXICOB.MX 8.65% | 61.9% |
| 2024-12-31 | 41 | BHP.AU 7.99% | 59.6% |
| 2025-12-31 | 45 | AAL.GB 8.12% | 60.9% |
| 2026-06-30 | 42 | BHP.AU 8.18% | 60.2% |
The first report, then the last of each year, of the 13 reports ICOP filed on SEC Form N-PORT from 2023-06-30 to 2026-06-30, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/icop/{date}.json. How these are read.
What does ICOP duplicate?
The ETF nearest to ICOP is COPX: the two hold 54.8% of their weight in common, in the 26 companies both own, and 61.1% of ICOP itself is also held there. Owning ICOP alongside the ETFs at the top of this table means about half of the weight is held twice.
| ETF | Overlap by weight | Of ICOP held there | Of that ETF in ICOP | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| COPX | 54.8% | 61.1% | 73.4% | 26 | |
| PICK | 35.3% | 80.1% | 43.1% | 35 | |
| MXI | 26.7% | 68.5% | 26.7% | 14 | |
| IYM | 15.7% | 19.6% | 21.1% | 4 | |
| ILF | 11.3% | 16.1% | 15.7% | 3 | |
| VAW | 11.2% | 13.5% | 13.8% | 2 | |
| XLB | 10.4% | 13.5% | 11.8% | 2 | |
| GDX | 10.1% | 10.7% | 22.5% | 6 | |
| XME | 9.8% | 13.5% | 9.8% | 2 | |
| EWA | 9.6% | 9.6% | 16.7% | 3 | |
| EPP | 9.5% | 9.6% | 10.7% | 3 | |
| EWW | 9.2% | 9.2% | 19.2% | 2 |
VAW's holdings are from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. GDX's holdings are from its SEC Form N-PORT for the period ended 2026-06-30, filed 2026-08-26. The other ETFs' holdings are from their issuers' latest files. Check ICOP against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to ICOP?
IYR shares 0% of weight with ICOP and its weekly returns correlate with it at 0.27 over three years. The table lists the covered ETFs with the least in common with ICOP, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| IYR | iShares U.S. Real Estate ETF | 0.0% | 0.27 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.29 | 0 |
| REET | iShares Global REIT ETF | 0.0% | 0.37 | 0 |
| PFF | iShares Preferred and Income Securities ETF | 0.0% | 0.43 | 0 |
| IJR | iShares Core S&P Small-Cap ETF | 0.0% | 0.44 | 0 |
| SOXX | iShares Semiconductor ETF | 0.0% | 0.51 | 0 |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.0% | 0.51 | 0 |
| IJH | iShares Core S&P Mid-Cap ETF | 0.0% | 0.52 | 0 |
Cost, returns and risk
| Expense ratio | 0.47% |
|---|---|
| Dividend yield | 1.68% |
| Total return, 1 year | 32.0% |
| Total return, 3 years cumulative | 135.7% |
| Total return, 5 years cumulative | n/a |
| Volatility, annualised | 33.7% |
| Worst fall, 3 years | -35.0% |
| Beta against SPY, 3 years of weekly returns | 1.31 |
| Weight in the ten largest positions | 63.0% |
| Largest single position | 8.8% |
| Assets under management | $0.5B |
Expense ratio, yield and assets are reference data (the expense ratio from ICOP's SEC filing of 2026-07-27); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-27; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.54loosely linked | 252 |
| QQQ | 0.50loosely linked | 325 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | 13.4% |
| 2025 | 78.0% |
| 2024 | 1.1% |
One year
Where to go next
- IYM, iShares U.S. Basic Materials ETF
- MXI, iShares Global Materials ETF
- PICK, iShares MSCI Global Metals & Mining Producers ETF
- REMX, VanEck Rare Earth and Strategic Metals ETF
- Run a portfolio x-ray to see what ICOP carries once you look through it
- Compare ICOP against any other ETF in the builder
Holdings from the most recent file iShares has published, dated 2026-10-27. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, iShares Copper and Metals Mining ETF (ICOP), holdings from the issuer's file of 2026-10-27, https://tickerinside.com/etf/icop/, CC BY 4.0
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