Performance analysis of ICOP (ISHARES COPPER AND METALS MINING ETF)
Annual Return
Over the past 3 years, ICOP has had an average annual return of +25.02%, outperforming the benchmark SPY, which returned +19.31% annual.
Since Jun 23, 2023, ICOP has had an average annual return of +26.68%, outperforming the benchmark SPY, which returned +20.57% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +6.37% | +78.01% | +1.12% | +8.13% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +15.21% | +11.95% | -16.75% | +4.65% | +10.45% | -10.04% | -4.73% | +6.37% | |||||
| 2025 | +0.24% | -0.67% | +1.93% | +0.54% | +7.26% | +8.16% | -2.53% | +11.11% | +16.17% | +2.65% | +4.07% | +11.88% | +78.01% |
| 2024 | -4.21% | -0.62% | +16.35% | +8.27% | +4.59% | -6.17% | -2.85% | -0.44% | +9.49% | -7.61% | -3.28% | -9.20% | +1.12% |
| 2023 | +1.08% | +10.77% | -9.25% | -2.60% | -9.15% | +6.92% | +12.48% | +8.13% |
Drawdown analysis of ICOP (ISHARES COPPER AND METALS MINING ETF)
The maximum drawdown for the ICOP was -38.66%, occurring on Apr 8, 2025. Recovery took 109 trading sessions.
The current ICOP drawdown is -19.19%.
Since Jun 23, 2023 ICOP has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.66% | May 20, 2024 | 221 | Apr 8, 2025 | 109 | Sep 15, 2025 | 330 |
| -26.13% | Feb 25, 2026 | 17 | Mar 20, 2026 | 50 | Jun 2, 2026 | 67 |
| -20.76% | Jul 31, 2023 | 73 | Nov 10, 2023 | 83 | Mar 13, 2024 | 156 |
| -19.70% | Jun 2, 2026 | 24 | Jul 8, 2026 | Ongoing | Ongoing | Ongoing |
| -10.79% | Jan 29, 2026 | 5 | Feb 5, 2026 | 13 | Feb 25, 2026 | 18 |
| -8.44% | Nov 12, 2025 | 6 | Nov 20, 2025 | 5 | Nov 28, 2025 | 11 |
| -7.44% | Oct 13, 2025 | 16 | Nov 4, 2025 | 6 | Nov 12, 2025 | 22 |
| -5.77% | Apr 9, 2024 | 10 | Apr 23, 2024 | 3 | Apr 26, 2024 | 13 |
| -5.06% | Jul 3, 2023 | 2 | Jul 6, 2023 | 4 | Jul 12, 2023 | 6 |
| -4.97% | Apr 29, 2024 | 2 | May 1, 2024 | 7 | May 10, 2024 | 9 |
| -3.85% | Oct 8, 2025 | 2 | Oct 10, 2025 | 1 | Oct 13, 2025 | 3 |
| -3.60% | Dec 26, 2025 | 1 | Dec 29, 2025 | 4 | Jan 5, 2026 | 5 |
| -2.96% | Jan 6, 2026 | 2 | Jan 8, 2026 | 2 | Jan 12, 2026 | 4 |
| -2.57% | Jul 13, 2023 | 6 | Jul 21, 2023 | 2 | Jul 25, 2023 | 8 |
| -2.37% | Sep 15, 2025 | 3 | Sep 18, 2025 | 2 | Sep 22, 2025 | 5 |
| -2.29% | Mar 21, 2024 | 3 | Mar 26, 2024 | 2 | Mar 28, 2024 | 5 |
| -2.16% | Mar 15, 2024 | 2 | Mar 19, 2024 | 1 | Mar 20, 2024 | 3 |
| -2.08% | Jun 27, 2023 | 1 | Jun 28, 2023 | 3 | Jul 3, 2023 | 4 |
| -2.05% | Jul 25, 2023 | 2 | Jul 27, 2023 | 2 | Jul 31, 2023 | 4 |
| -1.80% | Jan 21, 2026 | 1 | Jan 22, 2026 | 1 | Jan 23, 2026 | 2 |
| -1.80% | Dec 11, 2025 | 3 | Dec 16, 2025 | 3 | Dec 19, 2025 | 6 |
| -1.50% | Jan 14, 2026 | 2 | Jan 16, 2026 | 1 | Jan 20, 2026 | 3 |
| -1.38% | Oct 3, 2025 | 2 | Oct 7, 2025 | 1 | Oct 8, 2025 | 3 |
| -1.28% | Dec 5, 2025 | 1 | Dec 8, 2025 | 2 | Dec 10, 2025 | 3 |
| -0.44% | May 14, 2024 | 2 | May 16, 2024 | 1 | May 17, 2024 | 3 |