ICOP ETF Analysis: Copper Metals Mining | NASDAQ
Unclassified | NASDAQ, USA | Market Cap: 408m USD | 12M Return: 28% | US46436E1890 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.03M
Warnings
Tailwinds
No distinct edge detected
Seasonality 3.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The iShares Copper and Metals Mining ETF (ICOP) is structured as a passively managed fund that tracks an underlying index of copper and metals mining companies. It commits at least 80% of its assets to the component securities of that index, with the option to invest up to 20% in derivatives such as futures, options, and swap contracts, as well as cash and cash equivalents. The fund is classified as non-diversified, meaning it may concentrate its holdings in a smaller number of issuers compared to diversified funds.
The copper and metals mining sector is closely tied to global industrial demand, as copper is a key input in construction, electrical infrastructure, and the manufacturing of renewable energy technologies such as electric vehicles and power grids. Mining-focused ETFs typically hold equities of companies engaged in the exploration, extraction, and processing of copper and related base metals, offering investors targeted exposure to commodity-linked producers rather than the physical metals themselves.
- Copper prices rally on tightening global supply outlook
- China industrial demand boosts metals mining sector
- Energy transition drives long-term copper demand growth
As of November 03, 2026, the stock is trading at USD 47.58 with a total of 44,712 shares traded. Over the past week, the price has changed by -1.16%, over one month by -12.07%, over three months by -5.37% and over the past year by +28.04%.
Current recommended Stop Loss: 45.60 (which is 4.2% or 1.3 ATR below the current price).
Copper Metals Mining has no consensus analysts rating.