FCX vs. SCCO
FCX (Freeport-McMoRan Inc.) and SCCO (Southern Copper Corporation) are both stocks. Both operate in the Copper industry within the Basic Materials sector. Over the past 10 years, FCX returned 21.17%/yr vs 27.13%/yr for SCCO. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
FCX vs. SCCO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FCX having a 36.61% return and SCCO slightly higher at 37.39%. Over the past 10 years, FCX has underperformed SCCO with an annualized return of 21.17%, while SCCO has yielded a comparatively higher 27.13% annualized return.
FCX
- 1D
- -1.55%
- 1M
- 14.15%
- YTD
- 36.61%
- 6M
- 45.10%
- 1Y
- 68.87%
- 3Y*
- 21.69%
- 5Y*
- 16.03%
- 10Y*
- 21.17%
SCCO
- 1D
- -1.47%
- 1M
- 11.51%
- YTD
- 37.39%
- 6M
- 39.35%
- 1Y
- 113.64%
- 3Y*
- 43.77%
- 5Y*
- 33.19%
- 10Y*
- 27.13%
FCX vs. SCCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCX Freeport-McMoRan Inc. | 36.61% | 35.41% | -9.41% | 13.69% | -7.91% | 61.41% | 99.06% | 29.59% | -45.11% | 43.75% |
SCCO Southern Copper Corporation | 37.39% | 66.62% | 9.45% | 50.12% | 4.25% | -0.62% | 58.79% | 46.59% | -33.11% | 50.79% |
Correlation
The correlation between FCX and SCCO is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1996 | 0.62 |
The correlation between FCX and SCCO shifts across timeframes, from 0.62 (all time) to 0.85 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
FCX:
$99.72B
SCCO:
$157.50B
FCX:
$1.89
SCCO:
$6.04
FCX:
36.48
SCCO:
31.75
FCX:
3.77
SCCO:
10.84
FCX:
5.11
SCCO:
13.36
FCX:
$26.42B
SCCO:
$14.55B
FCX:
$7.35B
SCCO:
$6.04B
FCX:
$9.59B
SCCO:
$8.80B
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Return for Risk
FCX vs. SCCO — Risk / Return Rank
FCX
SCCO
FCX vs. SCCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Freeport-McMoRan Inc. (FCX) and Southern Copper Corporation (SCCO). 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 | SCCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.34 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 3.78 | -1.00 |
| Martin ratioReturn relative to average drawdown | 6.93 | 10.71 | -3.78 |
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Drawdowns
FCX vs. SCCO - Drawdown Comparison
The maximum FCX drawdown since its inception was -92.52%, which is greater than SCCO's maximum drawdown of -78.60%. Use the drawdown chart below to compare losses from any high point for FCX and SCCO.
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Drawdown Indicators
| FCX | SCCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.52% | -78.60% | -13.92% |
Max Drawdown (1Y)Largest decline over 1 year | -24.90% | -30.22% | +5.32% |
Max Drawdown (3Y)Largest decline over 3 years | -46.34% | -39.69% | -6.65% |
Max Drawdown (5Y)Largest decline over 5 years | -51.47% | -43.07% | -8.40% |
Max Drawdown (10Y)Largest decline over 10 years | -72.59% | -54.83% | -17.76% |
Current DrawdownCurrent decline from peak | -3.71% | -11.08% | +7.37% |
Average DrawdownAverage peak-to-trough decline | -39.60% | -22.04% | -17.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.97% | 10.65% | -0.68% |
Volatility
FCX vs. SCCO - Volatility Comparison
The current volatility for Freeport-McMoRan Inc. (FCX) is 16.71%, while Southern Copper Corporation (SCCO) has a volatility of 18.80%. This indicates that FCX experiences smaller price fluctuations and is considered to be less risky than SCCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCX | SCCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.71% | 18.80% | -2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 37.46% | 41.47% | -4.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.92% | 49.67% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.04% | 39.87% | +5.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.59% | 37.54% | +11.05% |
Dividends
FCX vs. SCCO - Dividend Comparison
FCX's dividend yield for the trailing twelve months is around 0.87%, less than SCCO's 1.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCX Freeport-McMoRan Inc. | 0.87% | 1.18% | 1.58% | 1.41% | 0.99% | 0.54% | 0.19% | 1.52% | 1.45% | 0.00% | 0.00% | 8.46% |
SCCO Southern Copper Corporation | 1.91% | 2.13% | 2.29% | 4.65% | 5.80% | 5.19% | 2.30% | 4.81% | 4.55% | 1.24% | 0.56% | 1.30% |
Financials
FCX vs. SCCO - Financials Comparison
This section allows you to compare key financial metrics between Freeport-McMoRan Inc. and Southern Copper Corporation. 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. SCCO - 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%.
SCCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported a gross profit of 0.00 and revenue of 4.25B. Therefore, the gross margin over that period was 0.0%.
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%.
SCCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported an operating income of 2.48B and revenue of 4.25B, resulting in an operating margin of 58.3%.
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%.
SCCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported a net income of 1.58B and revenue of 4.25B, resulting in a net margin of 37.1%.
Frequently Asked Questions
FCX and SCCO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCCO has higher volatility (18.80%) compared to FCX (16.71%). In terms of maximum drawdown, FCX dropped -92.52% vs SCCO's -78.60%.
SCCO currently has the higher Sharpe Ratio (2.30 vs 1.42), 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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