iShares Copper and Metals Mining ETF (ICOP) is a commodities and metals ETF. As of October 9, 2026, ETF Copilot scores ICOP 6.8 out of 10 — highest on Return (9.4), lowest on Risk (0.9). Its ten largest holdings are 62% of the fund.
What stands out in ICOP's data
Copper and metals-mining companies worldwide, focused on producers.
Its miners earn an exceptionally high profit margin on operations.
EBITDA margin of 45.8% is well above the category median of 39.1%.
A focused commodity position that adds direct metals exposure to a diversified portfolio.
Why did ICOP move this week? It rose 0.7% in the week to October 9, 2026 — Grupo Mexico SAB de Cv-Ser and Freeport-McMoRan drove it
ICOP rose 0.7% in the week to October 9, 2026. The holdings that moved it most were Grupo Mexico SAB de Cv-Ser (+4.5%), Freeport-McMoRan (+2.3%) and Anglo American (+2.0%); Hudbay Minerals (−3.9%) pushed the other way.
How is ICOP rated? ETF Copilot scores iShares Copper and Metals Mining ETF (ICOP) 6.8 out of 10
As of October 9, 2026, ETF Copilot scores iShares Copper and Metals Mining ETF (ICOP) 6.8 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.8 / 10
- Growth: 6.7 / 10
- Value: 6.8 / 10
- Risk: 0.9 / 10
- Quality: 9.1 / 10
- Return: 9.4 / 10
What's inside ICOP?
What's inside ICOP: Size (Large 66%, Mid 28%, Small 7%); Geography (International 81%, US 19%).
What are ICOP's top holdings? The ten largest are 62% of the fund
Freeport-McMoRan, Grupo Mexico, Anglo American, BHP, Teck Resources Subordinate Voting, Newmont, Southern Copper, Antofagasta, Lundin Mining and First Quantum Minerals are ICOP's largest holdings, in that order.
More concentrated than 50% of Commodities & Metals ETFs.
Half of ICOP's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 21 equally weighted holdings.
What is ICOP's expense ratio? 0.47% a year
As of October 9, 2026, ICOP charges 0.47% a year, yields 1.63% and holds $468M in assets across 79 positions.
| Measure | ICOP |
|---|---|
| Expense ratio | 0.47% |
| Dividend yield | 1.63% |
| Assets under management | $468M |
| Holdings | 79 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares Copper and Metals Mining ETF (ICOP) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/icop
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