COPA vs. ICOP ETF Comparison

Comparison of Themes Copper Miners ETF (COPA) to iShares Copper and Metals Mining ETF (ICOP)

COPA

Themes Copper Miners ETF

COPA Description

COPA invests in companies with substantial exposure to the copper mining industry. It uses a replication strategy, aiming to own the same stocks in the same proportion as its underlying index. The index is comprised of global firms classified under the subthemes copper mining, exploration, refining, and royalties. It is constructed based on revenue exposure as derived from the copper mining industry to identify Purity Leaders and Revenue Leaders. The former is defined as having a thematic exposure score equal to or greater than 30% of their total revenue, while the latter being in the top 5 companies ranked by their thematic revenue dollar amount. Final constituents are weighted based on market-cap, modified by thematic exposure using revenue. Country capping constraints and flooring conditions are also implemented to ensure proper allocation to significant revenue earners. The index is reconstituted and rebalanced quarterly starting in March.

Grade (RS Rating)

Last Trade

$25.46

Average Daily Volume

647

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

ICOP

iShares Copper and Metals Mining ETF

ICOP Description

iShares Trust - iShares Copper and Metals Mining ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of global region. The fund invests in stocks of companies operating across materials, metals and mining, copper, copper ores, diversified metals and mining, diversified metal ores, precious metals and minerals, precious metal ores sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the STOXX Global Copper and Metals Mining Index, by using representative sampling technique. iShares Trust - iShares Copper and Metals Mining ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.78

Average Daily Volume

21,107

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	COPA	ICOP
30 Days	-6.03%	-7.46%
60 Days		-2.21%
90 Days		-2.90%
12 Months		26.36%

1 Overlapping Holdings

	Symbol	Grade	Weight in COPA	Weight in ICOP	Overlap
	FCX	F	9.95%	8.23%	8.23%

COPA Overweight 3 Positions Relative to ICOP

	Symbol	Grade	Weight
	SCCO	F	4.17%
	IE	C	2.8%
	BVN	D	2.36%

COPA Underweight 1 Positions Relative to ICOP

	Symbol	Grade	Weight
	NEM	D	-3.34%

COPA: Top Represented Industries & Keywords

Industries: Copper Industrial Metals & Minerals Software - Application

Keywords: Mining Copper Molybdenum Artificial Intelligence Artificial Intelligence Services Cobalt Coke Copper Extraction Copper Mining In The United States Electrical Transmission Gold Lead Metallurgical Processes Metallurgy Metals Natural Sciences Oil And Gas Refinery Restorative Dentistry S&P 500

ICOP: Top Represented Industries & Keywords

Industries: Copper Gold

Keywords: Mining S&P 500 Cobalt Copper Mining In The United States Gold Molybdenum