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Upturn AI SWOT - About
iShares Copper and Metals Mining ETF (ICOP)
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Upturn Advisory Summary
04/01/2025: ICOP (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 0.77% | Avg. Invested days 31 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 15180 | Beta - | 52 Weeks Range 24.65 - 34.80 | Updated Date 04/1/2025 |
52 Weeks Range 24.65 - 34.80 | Updated Date 04/1/2025 |
Upturn AI SWOT
iShares Copper and Metals Mining ETF
ETF Overview
Overview
The iShares Copper and Metals Mining ETF (ICOP) seeks to track the investment results of an index composed of global equities of companies primarily involved in the extraction and production of copper and other metals.
Reputation and Reliability
BlackRock is a leading global asset manager with a strong reputation and extensive track record in the ETF market.
Management Expertise
BlackRock's ETF management team has considerable experience and expertise in managing various ETFs across different asset classes.
Investment Objective
Goal
To track the investment results of an index composed of global equities of companies primarily involved in the extraction and production of copper and other metals.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the performance of the S&P Global Copper and Metals Mining Index.
Composition The ETF primarily holds stocks of companies involved in copper and metals mining operations globally.
Market Position
Market Share: ICOP's market share varies and depends on the specific segment being considered (e.g., specific metal mining ETFs). It's a niche ETF within the broader materials sector.
Total Net Assets (AUM): 331991243.7
Competitors
Key Competitors
- XME
- PICK
- REMX
Competitive Landscape
The competitive landscape includes broader mining ETFs like XME and global resource ETFs like PICK. ICOP focuses on copper and metals, giving it a more concentrated exposure. This can be an advantage if copper and metals outperform, but a disadvantage if they underperform the broader mining sector. REMX specializes in rare earth metals.
Financial Performance
Historical Performance: Historical performance data needs to be obtained from financial data providers. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should be compared to the S&P Global Copper and Metals Mining Index to evaluate tracking effectiveness.
Expense Ratio: 0.46
Liquidity
Average Trading Volume
The average trading volume of ICOP is moderate, which may impact the ease of buying and selling large positions.
Bid-Ask Spread
The bid-ask spread varies depending on market conditions but is generally reasonable for an ETF of this size.
Market Dynamics
Market Environment Factors
Economic indicators (global growth, manufacturing activity), commodity prices (copper, other metals), and geopolitical factors influence ICOP.
Growth Trajectory
Growth depends on the demand for copper and other metals, driven by infrastructure development, renewable energy, and electric vehicles. Strategy and holdings might be adjusted based on market outlook.
Moat and Competitive Advantages
Competitive Edge
ICOP offers a targeted investment in copper and metals mining, giving investors specific exposure to this sector. Its advantage lies in its focus, allowing for precise allocation to these metals. The ETF's affiliation with BlackRock provides trust and stability. However, this concentrated approach also means higher exposure to the risks specific to copper and metal mining.
Risk Analysis
Volatility
ICOP's volatility is generally higher than broader market ETFs due to its concentration in a specific sector.
Market Risk
Market risk includes fluctuations in copper and metal prices, geopolitical instability, and changes in government regulations affecting mining operations.
Investor Profile
Ideal Investor Profile
Investors who believe in the long-term growth potential of copper and other metals due to infrastructure development, renewable energy, and electric vehicles.
Market Risk
ICOP is more suitable for investors with a higher risk tolerance and a longer-term investment horizon. It's less suitable for risk-averse investors seeking stable returns.
Summary
The iShares Copper and Metals Mining ETF (ICOP) provides targeted exposure to global companies involved in the extraction and production of copper and other metals. It tracks the S&P Global Copper and Metals Mining Index and is managed by BlackRock. While offering focused exposure, ICOP's performance is subject to commodity price volatility and geopolitical risks, making it suitable for investors with a higher risk tolerance and a positive outlook on the copper and metals market. Investors should consider its expense ratio and trading liquidity before investing.
Similar Companies
GDX
VanEck Gold Miners ETF
GDX
VanEck Gold Miners ETF
REMX
VanEck Rare Earth/Strategic Metals ETF
REMX
VanEck Rare Earth/Strategic Metals ETF
SLX
VanEck Steel ETF
SLX
VanEck Steel ETF
XME
SPDR® S&P Metals and Mining ETF
XME
SPDR® S&P Metals and Mining ETF
Sources and Disclaimers
Data Sources:
- iShares Website
- Bloomberg
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Copper and Metals Mining ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.
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