ICOP vs IVV
iShares Copper and Metals Mining ETF vs iShares Core S&P 500 ETF
Which is better, ICOP or IVV?
ICOP has been ahead.
IVV has a lower expense ratio. ICOP led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 60.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ICOP | IVV |
|---|---|---|
| Expense Ratio | 0.47% | 0.03%Best |
| AUM | $492M | $876.4B |
| Dividend Yield | 1.76% | 1.06% |
| Holdings | 60 | 508 |
| YTD Return | +22.20%Best | +12.27% |
| 1Y Return | +62.06%Best | +17.04% |
| 3Y Return (annualized) | +33.81%Best | +21.24% |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 29.5% | 12.7%Best |
| Max Drawdown | -37.6% | -18.8%Best |
| $10,000 over 3.2 years | $24,532Best | $18,196 |
| Top 10 Weight | 60.6% | 37.8%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 21, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 23, 2023 to Sep 17, 2026 (3.2 years).
ICOP vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
ICOP vs IVV Performance
iShares Copper and Metals Mining ETF (ICOP) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ICOP returned +62.06% while IVV returned +17.04%. Year to date, ICOP is up 22.20% versus a gain of 12.27% for IVV.
Over three years, ICOP compounded at +33.81% per year against +21.24% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ICOP has been the more volatile fund, with annualized monthly volatility of 29.5% compared with 12.7% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -37.6% for ICOP and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ICOP charges 0.47% per year while IVV charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, ICOP currently yields 1.76% against 1.06% for IVV.
Holdings Overlap
11.8% of ICOP's money is in holdings IVV also owns. 0.5% of IVV's money is in holdings ICOP also owns.
ICOP and IVV share little of their money.
3 positions in common, counted across the 44 positions we hold weights for in ICOP and 490 in IVV, against full books of 60 and 508.
What only one of them owns
Our book lists 479 positions for IVV that do not appear in our book for ICOP (98.1% of the fund), and 1 for ICOP that do not appear in IVV (4.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ICOP and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ICOP or IVV?
ICOP has an expense ratio of 0.47% while IVV charges 0.03%. IVV is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, ICOP or IVV?
Over the past year ICOP returned +62.06% vs +17.04% for IVV, so ICOP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ICOP or IVV?
ICOP has been the more volatile fund at 29.5% annualized versus 12.7% for IVV. Worst drawdown: ICOP -37.6% vs IVV -18.8%.
Should I hold both ICOP and IVV?
ICOP and IVV have a monthly-return correlation of 0.43, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ICOP and IVV?
11.8% of ICOP's money is in holdings IVV also owns. 0.5% of IVV's is in holdings ICOP also owns. They hold 3 positions in common, counted across the 44 positions we hold weights for in ICOP and 490 in IVV.
Which pays a higher dividend, ICOP or IVV?
ICOP yields 1.76% while IVV yields 1.06%, so ICOP currently pays the higher dividend yield.
Is IVV better than ICOP?
IVV has a lower expense ratio. ICOP led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 60.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.