COPP vs. ICOP ETF Comparison
Comparison of Sprott Copper Miners ETF (COPP) to iShares Copper and Metals Mining ETF (ICOP)
COPP
Sprott Copper Miners ETF
COPP Description
COPP aims to replicate an index comprised of 30 to 50 constituents with a significant portion of their revenue derived from copper mining, exploration, development, and production activities. Eligible securities must meet specific criteria, including minimum free float market capitalization and an Average Daily Traded Value threshold. Companies then undergo a selection process involving industry publications, research, and engagements with company management. Securities are weighted based on free float market capitalization, with excess weight redistributed among other constituents, ensuring portfolio diversification and preventing undue influence by individual companies. The index includes securities from domestic and international issuers, covering emerging and frontier markets, with notable representation from Canadian, Chilean, and Australian issuers. Reconstitution and rebalancing occur semi-annually, with deletions possible at any time due to corporate actions. COPP may also invest in publicly traded closed-ended trusts within the index's purview.
Grade (RS Rating)
Last Trade
$22.57
Average Daily Volume
16,955
4
ICOP
iShares Copper and Metals Mining ETF
ICOP Description
iShares Trust - iShares Copper and Metals Mining ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of global region. The fund invests in stocks of companies operating across materials, metals and mining, copper, copper ores, diversified metals and mining, diversified metal ores, precious metals and minerals, precious metal ores sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the STOXX Global Copper and Metals Mining Index, by using representative sampling technique. iShares Trust - iShares Copper and Metals Mining ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$27.66
Average Daily Volume
20,997
2
Performance
Period | COPP | ICOP |
---|---|---|
30 Days | -10.33% | -10.51% |
60 Days | -2.72% | -3.29% |
90 Days | -3.05% | -3.59% |
12 Months | 24.83% |
1 Overlapping Holdings
Symbol | Grade | Weight in COPP | Weight in ICOP | Overlap | |
---|---|---|---|---|---|
FCX | F | 24.18% | 8.34% | 8.34% |
COPP Underweight 1 Positions Relative to ICOP
Symbol | Grade | Weight | |
---|---|---|---|
NEM | F | -3.36% |
COPP: Top Represented Industries & Keywords