FCX vs. ASML
FCX (Freeport-McMoRan Inc.) and ASML (ASML Holding N.V.) are both stocks. FCX operates in Copper (Basic Materials), while ASML operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, FCX returned 22.12%/yr vs 36.00%/yr for ASML. At a 0.31 correlation, their price movements are largely independent.
Performance
FCX vs. ASML - Performance Comparison
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Returns By Period
In the year-to-date period, FCX achieves a 35.32% return, which is significantly lower than ASML's 74.80% return. Over the past 10 years, FCX has underperformed ASML with an annualized return of 22.12%, while ASML has yielded a comparatively higher 36.00% annualized return.
FCX
- 1D
- 3.12%
- 1M
- 1.86%
- YTD
- 35.32%
- 6M
- 45.06%
- 1Y
- 68.06%
- 3Y*
- 21.38%
- 5Y*
- 12.26%
- 10Y*
- 22.12%
ASML
- 1D
- -1.89%
- 1M
- 17.83%
- YTD
- 74.80%
- 6M
- 73.02%
- 1Y
- 138.89%
- 3Y*
- 37.59%
- 5Y*
- 22.97%
- 10Y*
- 36.00%
FCX vs. ASML - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCX Freeport-McMoRan Inc. | 35.32% | 35.41% | -9.41% | 13.69% | -7.91% | 61.41% | 99.06% | 29.59% | -45.11% | 43.75% |
ASML ASML Holding N.V. | 74.80% | 56.51% | -7.70% | 39.91% | -30.49% | 64.13% | 66.06% | 93.56% | -9.80% | 56.23% |
Correlation
The correlation between FCX and ASML is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 1995 | 0.31 |
The correlation between FCX and ASML shifts across timeframes, from 0.31 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FCX:
$98.78B
ASML:
$718.77B
FCX:
$1.89
ASML:
€25.86
FCX:
36.13
ASML:
62.30
FCX:
3.74
ASML:
18.51
FCX:
5.06
ASML:
29.83
FCX:
$26.42B
ASML:
€33.69B
FCX:
$7.35B
ASML:
€17.72B
FCX:
$9.59B
ASML:
€12.99B
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Return for Risk
FCX vs. ASML — Risk / Return Rank
FCX
ASML
FCX vs. ASML - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Freeport-McMoRan Inc. (FCX) and ASML Holding N.V. (ASML). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCX | ASML | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.45 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 7.83 | -5.08 |
| Martin ratioReturn relative to average drawdown | 6.85 | 21.08 | -14.23 |
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Drawdowns
FCX vs. ASML - Drawdown Comparison
The maximum FCX drawdown since its inception was -92.52%, roughly equal to the maximum ASML drawdown of -90.00%. Use the drawdown chart below to compare losses from any high point for FCX and ASML.
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Drawdown Indicators
| FCX | ASML | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.52% | -90.00% | -2.52% |
Max Drawdown (1Y)Largest decline over 1 year | -24.90% | -17.85% | -7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -46.34% | -45.38% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -51.47% | -56.84% | +5.37% |
Max Drawdown (10Y)Largest decline over 10 years | -72.59% | -56.84% | -15.75% |
Current DrawdownCurrent decline from peak | -4.62% | -1.89% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -39.62% | -28.12% | -11.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.97% | 6.63% | +3.34% |
Volatility
FCX vs. ASML - Volatility Comparison
Freeport-McMoRan Inc. (FCX) and ASML Holding N.V. (ASML) have volatilities of 17.98% and 17.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCX | ASML | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.98% | 17.27% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 37.53% | 34.58% | +2.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.88% | 42.75% | +6.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.14% | 42.44% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.65% | 38.72% | +9.93% |
Dividends
FCX vs. ASML - Dividend Comparison
FCX's dividend yield for the trailing twelve months is around 0.88%, more than ASML's 0.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASML ASML Holding N.V. | 0.47% | 0.97% | 0.97% | 0.86% | 1.27% | 0.50% | 0.50% | 1.40% | 0.94% | 0.64% | 0.92% | 0.73% |
FCX Freeport-McMoRan Inc. | 0.88% | 1.18% | 1.58% | 1.41% | 0.99% | 0.54% | 0.19% | 1.52% | 1.45% | 0.00% | 0.00% | 8.46% |
Financials
FCX vs. ASML - Financials Comparison
This section allows you to compare key financial metrics between Freeport-McMoRan Inc. and ASML Holding N.V.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FCX vs. ASML - Profitability Comparison
FCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Freeport-McMoRan Inc. reported a gross profit of 1.66B and revenue of 6.23B. Therefore, the gross margin over that period was 26.6%.
ASML - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a gross profit of 4.65B and revenue of 8.77B. Therefore, the gross margin over that period was 53.0%.
FCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Freeport-McMoRan Inc. reported an operating income of 2.14B and revenue of 6.23B, resulting in an operating margin of 34.3%.
ASML - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported an operating income of 3.16B and revenue of 8.77B, resulting in an operating margin of 36.0%.
FCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Freeport-McMoRan Inc. reported a net income of 881.00M and revenue of 6.23B, resulting in a net margin of 14.1%.
ASML - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASML Holding N.V. reported a net income of 2.76B and revenue of 8.77B, resulting in a net margin of 31.4%.
Frequently Asked Questions
FCX and ASML have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCX has higher volatility (17.98%) compared to ASML (17.27%). In terms of maximum drawdown, FCX dropped -92.52% vs ASML's -90.00%.
ASML currently has the higher Sharpe Ratio (3.27 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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