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:
0.47
SCCO:
0.80
ICOP:
0.86
SCCO:
1.35
ICOP:
1.10
SCCO:
1.16
ICOP:
0.54
SCCO:
1.06
ICOP:
0.99
SCCO:
1.97
ICOP:
14.67%
SCCO:
14.89%
ICOP:
30.61%
SCCO:
36.85%
ICOP:
-26.84%
SCCO:
-78.57%
ICOP:
-23.51%
SCCO:
-22.25%
Returns By Period
In the year-to-date period, ICOP achieves a 4.31% return, which is significantly lower than SCCO's 7.67% return.
ICOP
4.31%
2.46%
-7.12%
13.23%
N/A
N/A
SCCO
7.67%
5.49%
-4.20%
25.19%
24.34%
17.92%
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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 1.79%, less than SCCO's 2.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICOP Ishares Copper And Metals Mining ETF | 1.79% | 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 | 2.13% | 2.29% | 4.67% | 5.84% | 5.22% | 2.31% | 4.82% | 4.58% | 1.25% | 0.57% | 1.31% | 1.64% |
Drawdowns
ICOP vs. SCCO - Drawdown Comparison
The maximum ICOP drawdown since its inception was -26.84%, smaller than the maximum SCCO drawdown of -78.57%. 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
Ishares Copper And Metals Mining ETF (ICOP) and Southern Copper Corporation (SCCO) have volatilities of 6.18% and 6.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.