ICOP vs. SCCO
Compare and contrast key facts about Ishares Copper And Metals Mining ETF (ICOP) and Southern Copper Corporation (SCCO).
ICOP is a passively managed fund by iShares that tracks the performance of the STOXX Global Copper and Metals Mining Index - Benchmark TR Net. It was launched on Jun 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICOP or SCCO.
Correlation
The correlation between ICOP and SCCO is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ICOP vs. SCCO - Performance Comparison
Key characteristics
ICOP:
0.46
SCCO:
0.58
ICOP:
0.84
SCCO:
1.07
ICOP:
1.10
SCCO:
1.13
ICOP:
0.52
SCCO:
0.75
ICOP:
0.87
SCCO:
1.30
ICOP:
16.19%
SCCO:
16.54%
ICOP:
30.71%
SCCO:
37.12%
ICOP:
-26.92%
SCCO:
-78.55%
ICOP:
-20.64%
SCCO:
-21.35%
Returns By Period
In the year-to-date period, ICOP achieves a 8.23% return, which is significantly lower than SCCO's 8.91% return.
ICOP
8.23%
2.14%
-2.60%
15.03%
N/A
N/A
SCCO
8.91%
0.58%
-1.19%
21.95%
27.18%
16.81%
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Risk-Adjusted Performance
ICOP vs. SCCO — Risk-Adjusted Performance Rank
ICOP
SCCO
ICOP vs. SCCO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Copper And Metals Mining ETF (ICOP) 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.
Dividends
ICOP vs. SCCO - Dividend Comparison
ICOP's dividend yield for the trailing twelve months is around 1.72%, less than SCCO's 2.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICOP Ishares Copper And Metals Mining ETF | 1.72% | 1.87% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCCO Southern Copper Corporation | 2.03% | 2.31% | 4.71% | 5.87% | 5.24% | 2.33% | 4.87% | 4.61% | 1.26% | 0.57% | 1.32% | 1.65% |
Drawdowns
ICOP vs. SCCO - Drawdown Comparison
The maximum ICOP drawdown since its inception was -26.92%, smaller than the maximum SCCO drawdown of -78.55%. Use the drawdown chart below to compare losses from any high point for ICOP and SCCO. For additional features, visit the drawdowns tool.
Volatility
ICOP vs. SCCO - Volatility Comparison
The current volatility for Ishares Copper And Metals Mining ETF (ICOP) is 7.90%, while Southern Copper Corporation (SCCO) has a volatility of 9.89%. This indicates that ICOP 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.