AIGP.L vs. ICOP

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Precious Metals (AIGP.L) and Ishares Copper And Metals Mining ETF (ICOP).

AIGP.L and ICOP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIGP.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Precious Metals. It was launched on Sep 22, 2006. ICOP is a passively managed fund by iShares that tracks the performance of the STOXX Global Copper and Metals Mining Index - Benchmark TR Net. It was launched on Jun 21, 2023. Both AIGP.L and ICOP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AIGP.L vs. ICOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Precious Metals (AIGP.L) and Ishares Copper And Metals Mining ETF (ICOP). The values are adjusted to include any dividend payments, if applicable.

AIGP.L vs. ICOP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AIGP.L WisdomTree Precious Metals	10.75%	78.63%	23.25%	6.38%
ICOP Ishares Copper And Metals Mining ETF	10.79%	78.01%	1.10%	8.08%

Returns By Period

The year-to-date returns for both investments are quite close, with AIGP.L having a 10.75% return and ICOP slightly higher at 10.79%.

AIGP.L

• 1D: 3.21%
• 1M: -11.06%
• YTD: 10.75%
• 6M: 33.44%
• 1Y: 66.29%
• 3Y*: 35.33%
• 5Y*: 21.42%
• 10Y*: 13.22%

ICOP

• 1D: 3.18%
• 1M: -13.28%
• YTD: 10.79%
• 6M: 31.79%
• 1Y: 90.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIGP.L vs. ICOP - Expense Ratio Comparison

AIGP.L has a 0.49% expense ratio, which is higher than ICOP's 0.47% expense ratio.

AIGP.L

WisdomTree Precious Metals

ICOP

Ishares Copper And Metals Mining ETF

Return for Risk

AIGP.L vs. ICOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIGP.L

AIGP.L Risk / Return Rank: 88
AIGP.L Sharpe Ratio Rank: 91
AIGP.L Sortino Ratio Rank: 89
AIGP.L Omega Ratio Rank: 88
AIGP.L Calmar Ratio Rank: 86
AIGP.L Martin Ratio Rank: 85

ICOP

ICOP Risk / Return Rank: 93
ICOP Sharpe Ratio Rank: 94
ICOP Sortino Ratio Rank: 92
ICOP Omega Ratio Rank: 90
ICOP Calmar Ratio Rank: 93
ICOP Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIGP.L vs. ICOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Precious Metals (AIGP.L) and Ishares Copper And Metals Mining ETF (ICOP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AIGP.L	ICOP	Difference
Sharpe ratio Return per unit of total volatility	2.14	2.38	-0.24
Sortino ratio Return per unit of downside risk	2.55	2.75	-0.20
Omega ratio Gain probability vs. loss probability	1.37	1.39	-0.02
Calmar ratio Return relative to maximum drawdown	2.87	3.61	-0.74
Martin ratio Return relative to average drawdown	10.79	14.86	-4.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIGP.L vs. ICOP - Sharpe Ratio Comparison

The current AIGP.L Sharpe Ratio is 2.14, which is comparable to the ICOP Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of AIGP.L and ICOP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AIGP.L	ICOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	2.38	-0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.18	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.97	-0.53

Correlation

The correlation between AIGP.L and ICOP is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AIGP.L vs. ICOP - Dividend Comparison

AIGP.L has not paid dividends to shareholders, while ICOP's dividend yield for the trailing twelve months is around 1.88%.

	TTM	2025	2024	2023
AIGP.L WisdomTree Precious Metals	0.00%	0.00%	0.00%	0.00%
ICOP Ishares Copper And Metals Mining ETF	1.88%	2.08%	1.87%	2.15%

Drawdowns

AIGP.L vs. ICOP - Drawdown Comparison

The maximum AIGP.L drawdown since its inception was -55.05%, which is greater than ICOP's maximum drawdown of -38.67%. Use the drawdown chart below to compare losses from any high point for AIGP.L and ICOP.

Drawdown Indicators

	AIGP.L	ICOP	Difference
Max Drawdown Largest peak-to-trough decline	-55.05%	-38.67%	-16.38%
Max Drawdown (1Y) Largest decline over 1 year	-23.14%	-26.13%	+2.99%
Max Drawdown (5Y) Largest decline over 5 years	-24.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-27.53%	—	—
Current Drawdown Current decline from peak	-15.84%	-14.33%	-1.51%
Average Drawdown Average peak-to-trough decline	-26.89%	-11.86%	-15.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.15%	6.35%	-0.20%

Volatility

AIGP.L vs. ICOP - Volatility Comparison

The current volatility for WisdomTree Precious Metals (AIGP.L) is 12.77%, while Ishares Copper And Metals Mining ETF (ICOP) has a volatility of 16.45%. This indicates that AIGP.L experiences smaller price fluctuations and is considered to be less risky than ICOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIGP.L	ICOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.77%	16.45%	-3.68%
Volatility (6M) Calculated over the trailing 6-month period	27.77%	30.29%	-2.52%
Volatility (1Y) Calculated over the trailing 1-year period	30.83%	38.46%	-7.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.81%	33.13%	-11.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.86%	33.13%	-13.27%