SCCO vs. AA
SCCO (Southern Copper Corporation) and AA (Alcoa Corporation) are both stocks. Both are in the Basic Materials sector — SCCO in Copper, AA in Aluminum. Over the past 5 years, SCCO returned 29.82%/yr vs 14.08%/yr for AA. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
SCCO vs. AA - Performance Comparison
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Returns By Period
In the year-to-date period, SCCO achieves a 36.04% return, which is significantly higher than AA's 29.83% return.
SCCO
- 1D
- 4.19%
- 1M
- -1.09%
- YTD
- 36.04%
- 6M
- 37.05%
- 1Y
- 110.19%
- 3Y*
- 44.36%
- 5Y*
- 29.82%
- 10Y*
- 27.50%
AA
- 1D
- -0.30%
- 1M
- 0.64%
- YTD
- 29.83%
- 6M
- 49.53%
- 1Y
- 140.52%
- 3Y*
- 24.73%
- 5Y*
- 14.08%
- 10Y*
- —
SCCO vs. AA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCCO Southern Copper Corporation | 36.04% | 66.62% | 9.45% | 50.12% | 4.25% | -0.62% | 58.79% | 46.59% | -33.11% | 50.79% |
AA Alcoa Corporation | 29.83% | 42.46% | 12.43% | -24.33% | -23.12% | 159.05% | 7.16% | -19.07% | -50.66% | 91.84% |
Correlation
The correlation between SCCO and AA is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2016 | 0.60 |
The correlation between SCCO and AA has been stable across timeframes, ranging from 0.56 to 0.65 - a consistent structural relationship.
Fundamentals
SCCO:
$155.95B
AA:
$18.13B
SCCO:
$6.04
AA:
$3.92
SCCO:
31.44
AA:
17.55
SCCO:
4.34
AA:
0.05
SCCO:
10.73
AA:
1.42
SCCO:
13.23
AA:
2.66
SCCO:
$14.55B
AA:
$12.66B
SCCO:
$6.04B
AA:
$948.00M
SCCO:
$8.80B
AA:
$1.70B
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Return for Risk
SCCO vs. AA — Risk / Return Rank
SCCO
AA
SCCO vs. AA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Southern Copper Corporation (SCCO) and Alcoa Corporation (AA). 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.
| SCCO | AA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.36 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.67 | 6.49 | -2.83 |
| Martin ratioReturn relative to average drawdown | 10.44 | 20.55 | -10.11 |
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Drawdowns
SCCO vs. AA - Drawdown Comparison
The maximum SCCO drawdown since its inception was -78.60%, smaller than the maximum AA drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for SCCO and AA.
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Drawdown Indicators
| SCCO | AA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.60% | -90.90% | +12.30% |
Max Drawdown (1Y)Largest decline over 1 year | -30.22% | -21.77% | -8.45% |
Max Drawdown (3Y)Largest decline over 3 years | -39.69% | -52.25% | +12.56% |
Max Drawdown (5Y)Largest decline over 5 years | -43.07% | -75.46% | +32.39% |
Max Drawdown (10Y)Largest decline over 10 years | -54.83% | — | — |
Current DrawdownCurrent decline from peak | -11.95% | -24.27% | +12.32% |
Average DrawdownAverage peak-to-trough decline | -22.04% | -46.12% | +24.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.59% | 6.87% | +3.72% |
Volatility
SCCO vs. AA - Volatility Comparison
The current volatility for Southern Copper Corporation (SCCO) is 20.20%, while Alcoa Corporation (AA) has a volatility of 21.35%. This indicates that SCCO experiences smaller price fluctuations and is considered to be less risky than AA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCCO | AA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.20% | 21.35% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 41.65% | 41.11% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.66% | 54.44% | -4.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.97% | 56.26% | -16.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.55% | 55.66% | -18.11% |
Dividends
SCCO vs. AA - Dividend Comparison
SCCO's dividend yield for the trailing twelve months is around 1.93%, more than AA's 0.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 0.58% | 0.75% | 1.06% | 1.18% | 0.88% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% |
SCCO Southern Copper Corporation | 1.93% | 2.13% | 2.29% | 4.65% | 5.80% | 5.19% | 2.30% | 4.81% | 4.55% | 1.24% | 0.56% | 1.30% |
Financials
SCCO vs. AA - Financials Comparison
This section allows you to compare key financial metrics between Southern Copper Corporation and Alcoa Corporation. 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
SCCO vs. AA - Profitability Comparison
SCCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported a gross profit of 0.00 and revenue of 4.25B. Therefore, the gross margin over that period was 0.0%.
AA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a gross profit of 0.00 and revenue of 3.19B. Therefore, the gross margin over that period was 0.0%.
SCCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported an operating income of 2.48B and revenue of 4.25B, resulting in an operating margin of 58.3%.
AA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported an operating income of 0.00 and revenue of 3.19B, resulting in an operating margin of 0.0%.
SCCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported a net income of 1.58B and revenue of 4.25B, resulting in a net margin of 37.1%.
AA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a net income of 425.00M and revenue of 3.19B, resulting in a net margin of 13.3%.
Frequently Asked Questions
SCCO and AA have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AA has higher volatility (21.35%) compared to SCCO (20.20%). In terms of maximum drawdown, SCCO dropped -78.60% vs AA's -90.90%.
AA currently has the higher Sharpe Ratio (2.60 vs 2.23), 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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