iShares Copper and Metals Mining ETF (ICOP) belongs to the Commodity Producers Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ICOP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ICOP
ICOP charges 0.47% annually. There are 8 ETFs in the Commodity Producers Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | ICOP vs URAN | |
| SPDR S&P North American Natural Resources ETF | 0.35% | 772.92M | Dec 2015 | ICOP vs NANR | |
| Themes Lithium & Battery Metal Miners ETF | 0.35% | — | Sep 2024 | ICOP vs LIMI | |
| Themes Copper Miners ETF | 0.35% | — | Sep 2024 | ICOP vs COPA | |
| ALPS/CoreCommodity Natural Resources ETF | 0.39% | 393.31M | Jul 2024 | ICOP vs CCNR |
Best Risk-Adjusted Alternatives to ICOP
ICOP has a PortfoliosLab risk / return rank of 74. There are 10 ETFs in the Commodity Producers Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | 95 | 393.31M | Jul 2024 | ICOP vs CCNR | |
| Global X Lithium & Battery Tech ETF | 94 | 2.24B | Jul 2010 | ICOP vs LIT | |
| Themes Lithium & Battery Metal Miners ETF | 89 | — | Sep 2024 | ICOP vs LIMI | |
| Amplify Lithium & Battery Technology ETF | 87 | 140.46M | Jun 2018 | ICOP vs BATT | |
| SPDR S&P North American Natural Resources ETF | 86 | 772.92M | Dec 2015 | ICOP vs NANR |
Top Performing ICOP Alternatives (YTD)
ICOP is at 27.29% YTD. There is 1 ETF in the Commodity Producers Equities category with a higher YTD return, going as high as 30.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Lithium & Battery Tech ETF | 30.84% | 2.24B | Jul 2010 | ICOP vs LIT | |
| ALPS/CoreCommodity Natural Resources ETF | 27.16% | 393.31M | Jul 2024 | ICOP vs CCNR | |
| Sprott Copper Miners ETF | 26.69% | 319.79M | Mar 2024 | ICOP vs COPP | |
| Amplify Lithium & Battery Technology ETF | 26.16% | 140.46M | Jun 2018 | ICOP vs BATT | |
| Themes Copper Miners ETF | 25.73% | — | Sep 2024 | ICOP vs COPA |
Lowest Volatility Alternatives to ICOP
ICOP has 37.29% 1-year volatility. There are 11 ETFs in the Commodity Producers Equities category with lower 1-year volatility, going as low as 15.14%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Morningstar Global Upstream Natural Res... | 15.14% | 7.37B | Sep 2011 | ICOP vs GUNR | |
| SPDR S&P Global Natural Resources ETF | 16.39% | 4.87B | Sep 2010 | ICOP vs GNR | |
| T. Rowe Price Natural Resources ETF | 16.50% | 119.66M | Jun 2025 | ICOP vs TURF | |
| Cohen & Steers Natural Resources Active ETF | 16.94% | 60.88M | Feb 2025 | ICOP vs CSNR | |
| First Trust Indxx Global Natural Resources Income ... | 17.32% | 133.03M | Mar 2010 | ICOP vs FTRI |
Lowest Drawdown Alternatives to ICOP
ICOP has a 1-year max drawdown of -26.13%. There are 12 ETFs in the Commodity Producers Equities category with shallower 1-year drawdowns, going as shallow as -6.47%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | -6.47% | 393.31M | Jul 2024 | ICOP vs CCNR | |
| FlexShares Morningstar Global Upstream Natural Res... | -6.81% | 7.37B | Sep 2011 | ICOP vs GUNR | |
| SPDR S&P Global Natural Resources ETF | -7.97% | 4.87B | Sep 2010 | ICOP vs GNR | |
| Cohen & Steers Natural Resources Active ETF | -8.39% | 60.88M | Feb 2025 | ICOP vs CSNR | |
| SPDR S&P North American Natural Resources ETF | -8.93% | 772.92M | Dec 2015 | ICOP vs NANR |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | ICOP vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.48% | 58.12B | Jan 2024 | ICOP vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 10.85% | 854.92B | May 2000 | ICOP vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | -0.27% | 42.90B | Jul 2002 | ICOP vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 104.57% | 38.37B | Jul 2001 | ICOP vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 71 | 8.76% | 40.46B | Jun 2014 | ICOP vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 47 | 2.78% | 36.82B | Apr 2006 | ICOP vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 32 | 2.98% | 69.92B | Jan 2005 | ICOP vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 62 | 17.07% | 80.93B | May 2000 | ICOP vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 66 | 12.13% | 32.93B | Mar 2008 | ICOP vs ACWI |
Often Compared With ICOP
Investors most often compare ICOP with COPX, CPER, PICK. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare ICOP with Any Fund or Stock
Compare ICOP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ICOP with funds that move differently
iShares Copper and Metals Mining ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ICOP.
Explore ICOP Diversifiers