FCX vs. U-U.TO

Last updated Jun 13, 2026

FCX (Freeport-McMoRan Inc.) and U-U.TO (Sprott Physical Uranium Trust Fund) are both stocks. FCX operates in Copper (Basic Materials), while U-U.TO operates in Uranium (Energy). Over the past 3 years, FCX returned 21.38%/yr vs 9.68%/yr for U-U.TO. At a 0.34 correlation, their price movements are largely independent.

Performance

FCX vs. U-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Freeport-McMoRan Inc. (FCX) and Sprott Physical Uranium Trust Fund (U-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FCX is traded in USD, while U-U.TO is traded in CAD. To make them comparable, the U-U.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FCX achieves a 35.32% return, which is significantly higher than U-U.TO's -7.16% 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%

U-U.TO

• 1D: -1.14%
• 1M: -8.64%
• YTD: -7.16%
• 6M: 1.40%
• 1Y: 5.77%
• 3Y*: 9.68%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FCX vs. U-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FCX Freeport-McMoRan Inc.	35.32%	35.41%	-9.41%	13.69%	-7.91%	18.83%
U-U.TO Sprott Physical Uranium Trust Fund	-7.16%	18.18%	-25.16%	86.49%	-0.07%	17.76%

Correlation

The correlation between FCX and U-U.TO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 26, 2021	0.34

Return for Risk

FCX vs. U-U.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCX

FCX Risk / Return Rank: 79
FCX Sharpe Ratio Rank: 82
FCX Sortino Ratio Rank: 73
FCX Omega Ratio Rank: 76
FCX Calmar Ratio Rank: 82
FCX Martin Ratio Rank: 82

U-U.TO

U-U.TO Risk / Return Rank: 49
U-U.TO Sharpe Ratio Rank: 51
U-U.TO Sortino Ratio Rank: 46
U-U.TO Omega Ratio Rank: 45
U-U.TO Calmar Ratio Rank: 52
U-U.TO Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCX vs. U-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Freeport-McMoRan Inc. (FCX) and Sprott Physical Uranium Trust Fund (U-U.TO). 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	U-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.40	0.16	+1.24
Sortino ratio: Return per unit of downside risk	1.79	0.48	+1.31
Omega ratio: Gain probability vs. loss probability	1.25	1.06	+0.20
Calmar ratio: Return relative to maximum drawdown	2.75	0.23	+2.52
Martin ratio: Return relative to average drawdown	6.85	0.46	+6.39

FCX vs. U-U.TO - Sharpe Ratio Comparison

The current FCX Sharpe Ratio is 1.40, which is higher than the U-U.TO Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of FCX and U-U.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FCX vs. U-U.TO - Drawdown Comparison

The maximum FCX drawdown since its inception was -92.52%, which is greater than U-U.TO's maximum drawdown of -51.83%. Use the drawdown chart below to compare losses from any high point for FCX and U-U.TO.

Drawdown Indicators

	FCX	U-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-92.52%	-51.83%	-40.69%
Max Drawdown (1Y) Largest decline over 1 year	-24.90%	-25.40%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-46.34%	-51.83%	+5.49%
Max Drawdown (5Y) Largest decline over 5 years	-51.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.59%	—	—
Current Drawdown Current decline from peak	-4.62%	-29.49%	+24.87%
Average Drawdown Average peak-to-trough decline	-39.62%	-24.20%	-15.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.97%	12.69%	-2.72%

Volatility

FCX vs. U-U.TO - Volatility Comparison

Freeport-McMoRan Inc. (FCX) has a higher volatility of 17.98% compared to Sprott Physical Uranium Trust Fund (U-U.TO) at 6.16%. This indicates that FCX's price experiences larger fluctuations and is considered to be riskier than U-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCX	U-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.98%	6.16%	+11.82%
Volatility (6M) Calculated over the trailing 6-month period	37.53%	25.78%	+11.75%
Volatility (1Y) Calculated over the trailing 1-year period	48.88%	35.47%	+13.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.14%	42.18%	+2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.65%	42.18%	+6.47%

Dividends

FCX vs. U-U.TO - Dividend Comparison

FCX's dividend yield for the trailing twelve months is around 0.88%, while U-U.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
U-U.TO Sprott Physical Uranium Trust Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both FCX and U-U.TO in my portfolio?

FCX and U-U.TO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.