ICOP vs VYM

Quick Verdict

VYM has a lower expense ratio. ICOP delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: ICOPMore Diversified: VYM

Side-by-Side Comparison

MetricICOPVYMWinner
Expense Ratio0.47%0.04%
AUM$425M$79.0B
Dividend Yield1.81%2.86%
Holdings60568
YTD Return+23.69%+16.16%
1Y Return+84.47%+26.05%
3Y Return (annualized)+35.52%+18.43%
5Y Return (annualized)-+12.21%
Volatility (annualized)28.8%14.6%
Max Drawdown-37.6%-58.8%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 21, 2023Nov 10, 2006

ICOP vs VYM Performance

iShares Copper and Metals Mining ETF (ICOP) is a ETF from iShares by BlackRock (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year ICOP returned +84.47% while VYM returned +26.05%. Year to date, ICOP is up 23.69% versus a gain of 16.16% for VYM.

Over three years, ICOP compounded at +35.52% per year against +18.43% for VYM. Across the full 3-year window we track, ICOP has the edge at +34.09% annualized vs +7.09%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ICOP has been the more volatile fund, with annualized monthly volatility of 28.8% compared with 14.6% for VYM. 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 -58.8% for VYM. 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ICOP charges 0.47% per year while VYM charges 0.04%. On a $10,000 position that is $47 vs $4 annually, a gap of $43 per year that compounds over a long holding period. On income, ICOP currently yields 1.81% against 2.86% for VYM.

Holdings Overlap

0.7%overlap

ICOP and VYM share 2 holdings out of 602 unique holdings combined, representing a 0.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ICOPWeight in VYMDifference
SCCO4.42%0.08%4.34%
NEM3.42%0.63%2.79%

Frequently Asked Questions

Which is cheaper, ICOP or VYM?

ICOP has an expense ratio of 0.47% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $43 per year of difference.

Which performed better, ICOP or VYM?

Over the past year ICOP returned +84.47% vs +26.05% for VYM, so ICOP leads on 1-year performance. Over the longest common window we track (3 years), ICOP annualized +34.09% vs +7.09% for VYM. Past performance does not guarantee future results.

Which is riskier, ICOP or VYM?

ICOP has been the more volatile fund at 28.8% annualized versus 14.6% for VYM. Worst drawdown: ICOP -37.6% vs VYM -58.8%.

Should I hold both ICOP and VYM?

ICOP and VYM have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ICOP and VYM?

ICOP and VYM share 2 common holdings with a 0.7% weight overlap. Combined, they hold 602 unique securities.

Which pays a higher dividend, ICOP or VYM?

ICOP yields 1.81% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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