HG=F vs. FCX
Compare and contrast key facts about Copper (HG=F) and Freeport-McMoRan Inc. (FCX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HG=F or FCX.
Correlation
The correlation between HG=F and FCX is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HG=F vs. FCX - Performance Comparison
Key characteristics
HG=F:
0.13
FCX:
-0.46
HG=F:
0.34
FCX:
-0.41
HG=F:
1.05
FCX:
0.95
HG=F:
0.14
FCX:
-0.45
HG=F:
0.36
FCX:
-0.94
HG=F:
8.73%
FCX:
22.50%
HG=F:
25.56%
FCX:
45.52%
HG=F:
-62.54%
FCX:
-92.44%
HG=F:
-7.25%
FCX:
-30.94%
Returns By Period
In the year-to-date period, HG=F achieves a 20.20% return, which is significantly higher than FCX's -1.10% return. Over the past 10 years, HG=F has underperformed FCX with an annualized return of 5.56%, while FCX has yielded a comparatively higher 6.13% annualized return.
HG=F
20.20%
-5.07%
11.53%
5.93%
15.03%
5.56%
FCX
-1.10%
-6.16%
-19.19%
-24.98%
35.09%
6.13%
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Risk-Adjusted Performance
HG=F vs. FCX — Risk-Adjusted Performance Rank
HG=F
FCX
HG=F vs. FCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Copper (HG=F) 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.
Drawdowns
HG=F vs. FCX - Drawdown Comparison
The maximum HG=F drawdown since its inception was -62.54%, smaller than the maximum FCX drawdown of -92.44%. Use the drawdown chart below to compare losses from any high point for HG=F and FCX. For additional features, visit the drawdowns tool.
Volatility
HG=F vs. FCX - Volatility Comparison
The current volatility for Copper (HG=F) is 13.73%, while Freeport-McMoRan Inc. (FCX) has a volatility of 28.41%. This indicates that HG=F 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.