SCCO vs. DUSL

Last updated Jun 16, 2026

SCCO (Southern Copper Corporation) is a stock, while DUSL (Direxion Daily Industrials Bull 3X Shares) is Leveraged Equities fund tracking the Industrials Select Sector Index (300%). Over the past 5 years, SCCO returned 32.01%/yr vs 21.34%/yr for DUSL. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

SCCO vs. DUSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Southern Copper Corporation (SCCO) and Direxion Daily Industrials Bull 3X Shares (DUSL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SCCO having a 38.49% return and DUSL slightly higher at 39.45%.

SCCO

• 1D: 1.81%
• 1M: 9.30%
• YTD: 38.49%
• 6M: 38.12%
• 1Y: 116.65%
• 3Y*: 44.16%
• 5Y*: 32.01%
• 10Y*: 27.23%

DUSL

• 1D: 3.99%
• 1M: 11.08%
• YTD: 39.45%
• 6M: 34.97%
• 1Y: 71.72%
• 3Y*: 45.78%
• 5Y*: 21.34%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCCO vs. DUSL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCCO Southern Copper Corporation	38.49%	66.62%	9.45%	50.12%	4.25%	-0.62%	58.79%	46.59%	-33.11%	36.26%
DUSL Direxion Daily Industrials Bull 3X Shares	39.45%	37.50%	34.75%	37.23%	-31.17%	60.72%	-19.77%	90.70%	-46.28%	47.58%

Correlation

The correlation between SCCO and DUSL is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since May 3, 2017	0.51

The correlation between SCCO and DUSL has been stable across timeframes, ranging from 0.46 to 0.51 - a consistent structural relationship.

Return for Risk

SCCO vs. DUSL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCCO

SCCO Risk / Return Rank: 88
SCCO Sharpe Ratio Rank: 92
SCCO Sortino Ratio Rank: 87
SCCO Omega Ratio Rank: 86
SCCO Calmar Ratio Rank: 88
SCCO Martin Ratio Rank: 90

DUSL

DUSL Risk / Return Rank: 44
DUSL Sharpe Ratio Rank: 45
DUSL Sortino Ratio Rank: 43
DUSL Omega Ratio Rank: 40
DUSL Calmar Ratio Rank: 46
DUSL Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCCO vs. DUSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Southern Copper Corporation (SCCO) and Direxion Daily Industrials Bull 3X Shares (DUSL). 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	DUSL	Difference
Sharpe ratio: Return per unit of total volatility	2.36	1.47	+0.90
Sortino ratio: Return per unit of downside risk	2.76	2.04	+0.72
Omega ratio: Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio: Return relative to maximum drawdown	3.88	2.14	+1.74
Martin ratio: Return relative to average drawdown	11.04	7.04	+4.00

SCCO vs. DUSL - Sharpe Ratio Comparison

The current SCCO Sharpe Ratio is 2.36, which is higher than the DUSL Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of SCCO and DUSL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCCO vs. DUSL - Drawdown Comparison

The maximum SCCO drawdown since its inception was -78.60%, smaller than the maximum DUSL drawdown of -85.74%. Use the drawdown chart below to compare losses from any high point for SCCO and DUSL.

Drawdown Indicators

	SCCO	DUSL	Difference
Max Drawdown Largest peak-to-trough decline	-78.60%	-85.74%	+7.14%
Max Drawdown (1Y) Largest decline over 1 year	-30.22%	-33.68%	+3.46%
Max Drawdown (3Y) Largest decline over 3 years	-39.69%	-50.86%	+11.17%
Max Drawdown (5Y) Largest decline over 5 years	-43.07%	-58.43%	+15.36%
Max Drawdown (10Y) Largest decline over 10 years	-54.83%	—	—
Current Drawdown Current decline from peak	-10.36%	-6.52%	-3.84%
Average Drawdown Average peak-to-trough decline	-22.04%	-21.96%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.61%	10.22%	+0.39%

Volatility

SCCO vs. DUSL - Volatility Comparison

Southern Copper Corporation (SCCO) has a higher volatility of 20.20% compared to Direxion Daily Industrials Bull 3X Shares (DUSL) at 19.20%. This indicates that SCCO's price experiences larger fluctuations and is considered to be riskier than DUSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCCO	DUSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.20%	19.20%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	41.61%	41.26%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	49.75%	49.30%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.94%	52.94%	-13.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.55%	61.65%	-24.10%

Dividends

SCCO vs. DUSL - Dividend Comparison

SCCO's dividend yield for the trailing twelve months is around 1.89%, less than DUSL's 8.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DUSL Direxion Daily Industrials Bull 3X Shares	8.22%	11.39%	6.61%	1.28%	0.66%	0.07%	0.48%	1.01%	1.46%	0.57%	0.00%	0.00%
SCCO Southern Copper Corporation	1.89%	2.13%	2.29%	4.65%	5.80%	5.19%	2.30%	4.81%	4.55%	1.24%	0.56%	1.30%

Frequently Asked Questions

Can I hold both SCCO and DUSL in my portfolio?

SCCO and DUSL have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCCO or DUSL?

SCCO has higher volatility (20.20%) compared to DUSL (19.20%). In terms of maximum drawdown, SCCO dropped -78.60% vs DUSL's -85.74%.

Which has better risk-adjusted returns?

SCCO currently has the higher Sharpe Ratio (2.36 vs 1.47), 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.