FMX vs. GCT
FMX (Fomento Económico Mexicano, S.A.B. de C.V.) and GCT (GigaCloud Technology Inc) are both stocks. FMX operates in Beverages - Brewers (Consumer Defensive), while GCT operates in Software - Infrastructure (Technology). Over the past 3 years, FMX returned 11.85%/yr vs 62.31%/yr for GCT. At a 0.14 correlation, their price movements are largely independent.
Performance
FMX vs. GCT - Performance Comparison
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Returns By Period
In the year-to-date period, FMX achieves a 32.20% return, which is significantly higher than GCT's -15.20% return.
FMX
- 1D
- 1.56%
- 1M
- 4.81%
- YTD
- 32.20%
- 6M
- 30.68%
- 1Y
- 38.43%
- 3Y*
- 11.85%
- 5Y*
- 13.26%
- 10Y*
- 6.91%
GCT
- 1D
- -0.03%
- 1M
- -12.78%
- YTD
- -15.20%
- 6M
- -17.24%
- 1Y
- 80.84%
- 3Y*
- 62.31%
- 5Y*
- —
- 10Y*
- —
FMX vs. GCT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FMX Fomento Económico Mexicano, S.A.B. de C.V. | 32.20% | 29.05% | -32.57% | 70.14% | 19.73% |
GCT GigaCloud Technology Inc | -15.20% | 112.10% | 1.23% | 221.53% | -70.36% |
Correlation
The correlation between FMX and GCT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2022 | 0.14 |
Fundamentals
FMX:
$4.33B
GCT:
$1.22B
FMX:
$420.44
GCT:
$3.94
FMX:
0.30
GCT:
8.46
FMX:
1.56
GCT:
0.11
FMX:
0.01
GCT:
0.91
FMX:
0.37
GCT:
2.40
FMX:
$657.73B
GCT:
$1.38B
FMX:
$267.76B
GCT:
$322.79M
FMX:
$56.36B
GCT:
$177.88M
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Return for Risk
FMX vs. GCT — Risk / Return Rank
FMX
GCT
FMX vs. GCT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fomento Económico Mexicano, S.A.B. de C.V. (FMX) and GigaCloud Technology Inc (GCT). 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.
| FMX | GCT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.25 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.08 | -0.11 |
| Martin ratioReturn relative to average drawdown | 5.21 | 5.48 | -0.27 |
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Drawdowns
FMX vs. GCT - Drawdown Comparison
The maximum FMX drawdown since its inception was -61.02%, smaller than the maximum GCT drawdown of -91.11%. Use the drawdown chart below to compare losses from any high point for FMX and GCT.
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Drawdown Indicators
| FMX | GCT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.02% | -91.11% | +30.09% |
Max Drawdown (1Y)Largest decline over 1 year | -19.62% | -39.13% | +19.51% |
Max Drawdown (3Y)Largest decline over 3 years | -41.26% | -73.16% | +31.90% |
Max Drawdown (5Y)Largest decline over 5 years | -41.26% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.45% | — | — |
Current DrawdownCurrent decline from peak | -1.75% | -35.69% | +33.94% |
Average DrawdownAverage peak-to-trough decline | -18.73% | -55.90% | +37.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.39% | 14.80% | -7.41% |
Volatility
FMX vs. GCT - Volatility Comparison
The current volatility for Fomento Económico Mexicano, S.A.B. de C.V. (FMX) is 6.39%, while GigaCloud Technology Inc (GCT) has a volatility of 13.73%. This indicates that FMX experiences smaller price fluctuations and is considered to be less risky than GCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FMX | GCT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.39% | 13.73% | -7.34% |
Volatility (6M)Calculated over the trailing 6-month period | 16.06% | 50.57% | -34.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.81% | 78.06% | -53.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.29% | 144.46% | -119.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.82% | 144.46% | -117.64% |
Dividends
FMX vs. GCT - Dividend Comparison
FMX's dividend yield for the trailing twelve months is around 7.26%, while GCT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMX Fomento Económico Mexicano, S.A.B. de C.V. | 7.26% | 8.42% | 3.64% | 1.60% | 2.17% | 1.47% | 1.88% | 1.62% | 1.73% | 1.43% | 1.77% | 1.49% |
GCT GigaCloud Technology Inc | 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
FMX vs. GCT - Financials Comparison
This section allows you to compare key financial metrics between Fomento Económico Mexicano, S.A.B. de C.V. and GigaCloud Technology Inc. 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
FMX vs. GCT - Profitability Comparison
FMX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fomento Económico Mexicano, S.A.B. de C.V. reported a gross profit of 4.70B and revenue of 11.62B. Therefore, the gross margin over that period was 40.5%.
GCT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GigaCloud Technology Inc reported a gross profit of 85.85M and revenue of 359.49M. Therefore, the gross margin over that period was 23.9%.
FMX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fomento Económico Mexicano, S.A.B. de C.V. reported an operating income of 800.54M and revenue of 11.62B, resulting in an operating margin of 6.9%.
GCT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GigaCloud Technology Inc reported an operating income of 42.48M and revenue of 359.49M, resulting in an operating margin of 11.8%.
FMX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fomento Económico Mexicano, S.A.B. de C.V. reported a net income of 829.18M and revenue of 11.62B, resulting in a net margin of 7.1%.
GCT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GigaCloud Technology Inc reported a net income of 38.12M and revenue of 359.49M, resulting in a net margin of 10.6%.
Frequently Asked Questions
FMX and GCT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GCT has higher volatility (13.73%) compared to FMX (6.39%). In terms of maximum drawdown, FMX dropped -61.02% vs GCT's -91.11%.
FMX currently has the higher Sharpe Ratio (1.56 vs 1.04), 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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