ICOP
iShares Copper and Metals Mining ETF
📎 Investment Objective
The iShares Copper and Metals Mining ETF (ICOP) seeks to track the investment results of an index composed of global companies involved in the copper and metals mining industry.
Overview
ETF tracking iShares Copper and Metals Mining ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Copper and Metals Mining ETF (ICOP) seeks to track the investment results of an index composed of global companies involved in the copper and metals mining industry.
🎯 Investment Strategy
The ETF invests in a portfolio of global companies that derive a significant portion of their revenues from the production and mining of copper, precious metals, and other base metals. The fund aims to provide exposure to the performance of this industry sector.
✨ Key Features
- Provides exposure to global companies engaged in copper and metals mining activities
- Diversified portfolio across multiple mining companies and commodities
- Low expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Commodity price risk: The fund's performance is tied to the fluctuations in global metal and mineral prices
- Concentration risk: The fund is focused on a specific industry sector, making it more volatile than a more diversified investment
- Regulatory and environmental risks: Mining operations are subject to government regulations and environmental concerns
- Currency risk: The fund's international holdings are subject to exchange rate fluctuations
👤 Best For
This ETF may be suitable for investors seeking exposure to the global copper and metals mining industry as part of a diversified portfolio. It may be of interest to investors with a higher risk tolerance who are comfortable with the volatility inherent in the mining sector.