FMCC vs. FCX

Last updated Jun 13, 2026

FMCC (Freddie Mac) and FCX (Freeport-McMoRan Inc.) are both stocks. FMCC operates in Mortgage Finance (Financial Services), while FCX operates in Copper (Basic Materials). Over the past 10 years, FMCC returned 11.72%/yr vs 22.12%/yr for FCX. At a 0.14 correlation, their price movements are largely independent.

Performance

FMCC vs. FCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Freddie Mac (FMCC) and Freeport-McMoRan Inc. (FCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FMCC achieves a -42.66% return, which is significantly lower than FCX's 35.32% return. Over the past 10 years, FMCC has underperformed FCX with an annualized return of 11.72%, while FCX has yielded a comparatively higher 22.12% annualized return.

FMCC

• 1D: 2.76%
• 1M: -17.41%
• YTD: -42.66%
• 6M: -43.55%
• 1Y: -26.78%
• 3Y*: 136.25%
• 5Y*: 19.46%
• 10Y*: 11.72%

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%

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

FMCC vs. FCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FMCC Freddie Mac	-42.66%	210.52%	284.18%	140.59%	-57.43%	-64.38%	-22.33%	183.02%	-57.94%	-32.62%
FCX Freeport-McMoRan Inc.	35.32%	35.41%	-9.41%	13.69%	-7.91%	61.41%	99.06%	29.59%	-45.11%	43.75%

Correlation

The correlation between FMCC and FCX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jul 10, 1995	0.14

Fundamentals

EPS FMCC : $4.74 FCX : $1.89
PE Ratio FMCC : 1.23 FCX : 36.13
PS Ratio FMCC : 0.14 FCX : 3.74
Total Revenue (TTM) FMCC : $100.04B FCX : $26.42B
Gross Profit (TTM) FMCC : $100.04B FCX : $7.35B
EBITDA (TTM) FMCC : $92.03B FCX : $9.59B

Return for Risk

FMCC vs. FCX — Risk / Return Rank

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

FMCC

FMCC Risk / Return Rank: 32
FMCC Sharpe Ratio Rank: 30
FMCC Sortino Ratio Rank: 36
FMCC Omega Ratio Rank: 35
FMCC Calmar Ratio Rank: 31
FMCC Martin Ratio Rank: 30

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

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.

FMCC vs. FCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Freddie Mac (FMCC) and Freeport-McMoRan Inc. (FCX). 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.

	FMCC	FCX	Difference
Sharpe ratio: Return per unit of total volatility	-0.29	1.40	-1.69
Sortino ratio: Return per unit of downside risk	0.16	1.79	-1.62
Omega ratio: Gain probability vs. loss probability	1.02	1.25	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.38	2.75	-3.12
Martin ratio: Return relative to average drawdown	-0.70	6.85	-7.55

FMCC vs. FCX - Sharpe Ratio Comparison

The current FMCC Sharpe Ratio is -0.29, which is lower than the FCX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of FMCC and FCX, 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

FMCC vs. FCX - Drawdown Comparison

The maximum FMCC drawdown since its inception was -99.81%, which is greater than FCX's maximum drawdown of -92.52%. Use the drawdown chart below to compare losses from any high point for FMCC and FCX.

Drawdown Indicators

	FMCC	FCX	Difference
Max Drawdown Largest peak-to-trough decline	-99.81%	-92.52%	-7.29%
Max Drawdown (1Y) Largest decline over 1 year	-71.31%	-24.90%	-46.41%
Max Drawdown (3Y) Largest decline over 3 years	-71.31%	-46.34%	-24.97%
Max Drawdown (5Y) Largest decline over 5 years	-84.97%	-51.47%	-33.50%
Max Drawdown (10Y) Largest decline over 10 years	-91.97%	-72.59%	-19.38%
Current Drawdown Current decline from peak	-94.17%	-4.62%	-89.55%
Average Drawdown Average peak-to-trough decline	-68.88%	-39.62%	-29.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.50%	9.97%	+28.53%

Volatility

FMCC vs. FCX - Volatility Comparison

The current volatility for Freddie Mac (FMCC) is 16.83%, while Freeport-McMoRan Inc. (FCX) has a volatility of 17.98%. This indicates that FMCC experiences smaller price fluctuations and is considered to be less risky than FCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMCC	FCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.83%	17.98%	-1.15%
Volatility (6M) Calculated over the trailing 6-month period	65.64%	37.53%	+28.11%
Volatility (1Y) Calculated over the trailing 1-year period	92.69%	48.88%	+43.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.65%	45.14%	+41.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.76%	48.65%	+30.11%

Dividends

FMCC vs. FCX - Dividend Comparison

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

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%
FMCC Freddie Mac	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 FMCC and FCX in my portfolio?

FMCC and FCX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FMCC or FCX?

FCX has higher volatility (17.98%) compared to FMCC (16.83%). In terms of maximum drawdown, FMCC dropped -99.81% vs FCX's -92.52%.

Which has better risk-adjusted returns?

FCX currently has the higher Sharpe Ratio (1.40 vs -0.29), 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.