ICOP vs VTI

ICOP vs VTI
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Quick Verdict

VTI has a lower expense ratio. ICOP delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.

Lower Fees: VTIHigher Returns: ICOPMore Diversified: VTI

Side-by-Side Comparison

MetricICOPVTIWinner
Expense Ratio0.47%0.03%
AUM$460M$666.9B
Dividend Yield1.76%1.07%
Holdings603,543
YTD Return+26.98%+12.65%
1Y Return+88.71%+21.39%
3Y Return (annualized)+38.22%+21.54%
5Y Return (annualized)-+12.11%
Volatility (annualized)29.1%15.3%
Max Drawdown-37.6%-56.6%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 21, 2023May 24, 2001

ICOP vs VTI Performance

iShares Copper and Metals Mining ETF (ICOP) is a ETF from iShares by BlackRock (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year ICOP returned +88.71% while VTI returned +21.39%. Year to date, ICOP is up 26.98% versus a gain of 12.65% for VTI.

Over three years, ICOP compounded at +38.22% per year against +21.54% for VTI. Across the full 3-year window we track, ICOP has the edge at +34.90% annualized vs +8.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ICOP has been the more volatile fund, with annualized monthly volatility of 29.1% compared with 15.3% for VTI. 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 -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ICOP charges 0.47% per year while VTI 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 1.07% for VTI.

Holdings Overlap

0.3%overlap

ICOP and VTI share 2 holdings out of 2831 unique holdings combined, representing a 0.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ICOPWeight in VTIDifference
FCX7.58%0.12%7.46%
NEM3.42%0.14%3.28%

Frequently Asked Questions

Which is cheaper, ICOP or VTI?

ICOP has an expense ratio of 0.47% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $44 per year of difference.

Which performed better, ICOP or VTI?

Over the past year ICOP returned +88.71% vs +21.39% for VTI, so ICOP leads on 1-year performance. Over the longest common window we track (3 years), ICOP annualized +34.90% vs +8.07% for VTI. Past performance does not guarantee future results.

Which is riskier, ICOP or VTI?

ICOP has been the more volatile fund at 29.1% annualized versus 15.3% for VTI. Worst drawdown: ICOP -37.6% vs VTI -56.6%.

Should I hold both ICOP and VTI?

ICOP and VTI have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ICOP and VTI?

ICOP and VTI share 2 common holdings with a 0.3% weight overlap. Combined, they hold 2831 unique securities.

Which pays a higher dividend, ICOP or VTI?

ICOP yields 1.76% while VTI yields 1.07%, so ICOP currently pays the higher dividend yield.

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