ICOP is trading 3.26% higher in after-hours trading as Middle East tensions keep energy and commodity prices elevated, renewing demand for resource exposure.

  • Brent crude was near $95.67 on September 4, 2026, while the conflict increased concerns about global supply disruptions.
  • ICOP is concentrated in copper and metals miners, including BHP, Anglo American, Grupo Mexico, and Freeport-McMoRan, each roughly 8% of the fund.
  • The strong August jobs report and higher-rate concerns partially offset metals.