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.
Performance
ICOP vs. SCCO - Performance Comparison
Returns By Period
In the year-to-date period, ICOP achieves a 7.89% return, which is significantly lower than SCCO's 19.29% return.
ICOP
7.89%
-10.51%
-19.92%
24.83%
N/A
N/A
SCCO
19.29%
-11.20%
-18.91%
37.14%
27.18%
16.72%
Key characteristics
| ICOP | SCCO | |
|---|---|---|
| Sharpe Ratio | 0.77 | 0.95 |
| Sortino Ratio | 1.24 | 1.57 |
| Omega Ratio | 1.15 | 1.18 |
| Calmar Ratio | 0.95 | 1.38 |
| Martin Ratio | 2.03 | 3.01 |
| Ulcer Index | 11.82% | 12.07% |
| Daily Std Dev | 31.22% | 38.15% |
| Max Drawdown | -25.40% | -78.57% |
| Current Drawdown | -21.75% | -21.37% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Risk-Adjusted Performance
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 2.19%, more than SCCO's 2.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICOP Ishares Copper And Metals Mining ETF | 2.19% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCCO Southern Copper Corporation | 2.11% | 4.66% | 5.82% | 5.21% | 2.31% | 4.83% | 4.57% | 1.25% | 0.57% | 1.31% | 1.64% | 2.38% |
Drawdowns
ICOP vs. SCCO - Drawdown Comparison
The maximum ICOP drawdown since its inception was -25.40%, 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
The current volatility for Ishares Copper And Metals Mining ETF (ICOP) is 8.76%, while Southern Copper Corporation (SCCO) has a volatility of 9.46%. 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.