Key Highlights

  • The fund holds 63 positions in global copper and metal ore Mining equities.
  • Anglo American, Grupo Mexico and BHP Group each carry weights between 8% and 9%.
  • The expense ratio is 0.47%, and net Assets stood at about US$396.6 million.
  • The fund tracks the STOXX Global Copper and Metals Mining index and pays distributions semi-annually.

The iShares Copper and Metals Mining ETF (NASDAQ:ICOP) gives investors access to global equities involved in copper and metal ore mining. The fund closed at $46.81 on 6 November 2026, with a net asset value of $46.93 on the same date. Rather than targeting one commodity, the portfolio follows miners that extract several metals, so its movements reflect the wider mining sector.

Fund detail

Data (as stated on the fund page)

Exchange

NASDAQ

Closing price (6 Nov 2026)

$46.81

Net asset value (6 Nov 2026)

$46.93

Net assets (6 Nov 2026)

$396.6 million

Expense ratio

0.47%

Number of holdings

63

Benchmark index

STOXX Global Copper and Metals Mining Index (Net)

Fund inception

21 June 2023

Distribution frequency

Semi-annual

30-day SEC Yield (30 Sep 2026)

1.21%

Portfolio composition

All holdings sit in the materials sector. Anglo American, Grupo Mexico and BHP Group each account for between 8% and 9% of the portfolio, followed by Freeport-McMoRan, Teck Resources and Newmont. Southern Copper, Lundin Mining, Antofagasta and First Quantum make up the rest of the largest positions.

The five largest holdings together represent about 40% of the portfolio, so the fund's exposure depends meaningfully on a small group of large producers.

Costs, size and trading

The expense ratio is 0.47%, and the fund had 8.45 million shares outstanding as of 6 November 2026. The 30-day median bid-ask spread was 0.23%, and about 121,000 shares changed hands that day. Shares trade at Market Price rather than at net asset value, and the premium or discount on 6 November was -0.26%.

Distributions and benchmark

The fund pays distributions semi-annually, and its 30-day SEC yield as of 30 September 2026 was 1.21%. It tracks the STOXX Global Copper and Metals Mining Index (Net), and the fund began trading on 21 June 2023.

Final Word

ICOP offers a focused route into the miners that Supply copper and other metals, with a portfolio weighted toward a small number of large producers. Changes to holdings, net assets and distributions will appear in future fund disclosures.