ICOP Performance — iShares Copper and Metals Mining ETF
Data updated: 2026-08-24
ICOP returned +11.98% year to date and +68.84% over one year to Jun 2026. The annualised 3-year return is +29.27%. Against its Europe Materials Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $216, against $174 for the category, and to $169 over one year, against $182. Volatility over the past three years was 29.49% a year. In the 12 months to Jun 2026 the fund took in a net $321.2M, and assets reached $428.83M.
ICOP Growth of $100
What $100 invested in iShares Copper and Metals Mining ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Europe Materials Equity category average over the same months.
| Period | ICOP | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $169 | $182 |
| 3 years (Jul 2023 – Jun 2026) | $216 | $174 |
| Since data start (Jun 2023 – Jun 2026) | $211 | $173 |
ICOP Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.98% |
| 1 year | +68.84% |
| 3 years (annualised) | +29.27% |
ICOP Annual Returns
Calendar-year total returns of iShares Copper and Metals Mining ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +11.98% |
| 2025 | +77.87% |
| 2024 | +1.27% |
| 2023 (Jun–Dec) | +4.60% |
ICOP Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +15.9% | +11.3% | −16.9% | +5.3% | +10.2% | −10.0% | — | — | — | — | — | — |
| 2025 | +0.4% | −0.8% | +2.1% | +0.5% | +6.8% | +8.1% | −2.8% | +11.2% | +16.6% | +2.4% | +4.0% | +12.4% |
| 2024 | −4.4% | −0.6% | +16.0% | +8.9% | +4.5% | −6.2% | −2.7% | −0.5% | +9.8% | −8.0% | −3.2% | −9.0% |
| 2023 | — | — | — | — | — | −2.3% | +10.4% | −9.2% | −2.7% | −9.2% | +7.4% | +12.6% |
ICOP Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 29.49%
- 3-year Sharpe ratio: 0.84 (vs 4.5% risk-free rate)
- Best month: +16.55% (Sep 2025)
- Worst month: −16.93% (Mar 2026)
ICOP Fund Flows
Monthly money in and out of iShares Copper and Metals Mining ETF, from SEC Form N-PORT.
- 12-month net flow: $321.2M
- 12-month gross sales (incl. reinvestments): $335.5M
- Sales ÷ redemptions: 23.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $5.6M | $0 | $5.6M |
| May 2026 | $2.8M | $2.6M | $207K |
| Apr 2026 | $5.2M | $0 | $5.2M |
| Mar 2026 | $0 | $6.4M | −$6.4M |
| Feb 2026 | $47.4M | $5.3M | $42.1M |
| Jan 2026 | $197.6M | $0 | $197.6M |
| Dec 2025 | $53.6M | $0 | $53.6M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $9.5M | $0 | $9.5M |
| Sep 2025 | $3.4M | $0 | $3.4M |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $10.4M | $0 | $10.4M |
ICOP Assets Under Management
Net assets of iShares Copper and Metals Mining ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $428.83M |
| 2026-03-31 | $402.76M |
| 2025-12-31 | $174.73M |
| 2025-09-30 | $91.91M |
| 2025-06-30 | $59.55M |
| 2025-03-31 | $46.67M |
| 2024-12-31 | $31.88M |
| 2024-09-30 | $33.59M |
| 2024-06-30 | $37.63M |
| 2024-03-31 | $7.06M |
| 2023-12-31 | $5.12M |
| 2023-09-30 | $4.77M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.