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SCCO vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SCCO vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Southern Copper Corporation (SCCO) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-8.89%
10.81%
SCCO
QQQ

Returns By Period

In the year-to-date period, SCCO achieves a 24.75% return, which is significantly higher than QQQ's 23.47% return. Over the past 10 years, SCCO has underperformed QQQ with an annualized return of 16.86%, while QQQ has yielded a comparatively higher 18.10% annualized return.


SCCO

YTD

24.75%

1M

-6.94%

6M

-16.11%

1Y

43.49%

5Y (annualized)

28.80%

10Y (annualized)

16.86%

QQQ

YTD

23.47%

1M

1.82%

6M

10.79%

1Y

29.73%

5Y (annualized)

20.93%

10Y (annualized)

18.10%

Key characteristics


SCCOQQQ
Sharpe Ratio1.141.80
Sortino Ratio1.792.40
Omega Ratio1.211.32
Calmar Ratio1.662.31
Martin Ratio3.588.39
Ulcer Index12.18%3.73%
Daily Std Dev38.26%17.41%
Max Drawdown-78.57%-82.98%
Current Drawdown-17.77%-2.08%

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Correlation

-0.50.00.51.00.4

The correlation between SCCO and QQQ is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

SCCO vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Southern Copper Corporation (SCCO) and Invesco QQQ (QQQ). 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.


Sharpe ratio
The chart of Sharpe ratio for SCCO, currently valued at 1.14, compared to the broader market-4.00-2.000.002.004.001.141.80
The chart of Sortino ratio for SCCO, currently valued at 1.79, compared to the broader market-4.00-2.000.002.004.001.792.40
The chart of Omega ratio for SCCO, currently valued at 1.21, compared to the broader market0.501.001.502.001.211.32
The chart of Calmar ratio for SCCO, currently valued at 1.66, compared to the broader market0.002.004.006.001.662.31
The chart of Martin ratio for SCCO, currently valued at 3.58, compared to the broader market-10.000.0010.0020.0030.003.588.39
SCCO
QQQ

The current SCCO Sharpe Ratio is 1.14, which is lower than the QQQ Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of SCCO and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.14
1.80
SCCO
QQQ

Dividends

SCCO vs. QQQ - Dividend Comparison

SCCO's dividend yield for the trailing twelve months is around 2.00%, more than QQQ's 0.60% yield.


TTM20232022202120202019201820172016201520142013
SCCO
Southern Copper Corporation
2.00%4.67%5.82%5.20%2.31%4.83%4.56%1.24%0.57%1.31%1.64%2.37%
QQQ
Invesco QQQ
0.60%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

SCCO vs. QQQ - Drawdown Comparison

The maximum SCCO drawdown since its inception was -78.57%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SCCO and QQQ. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-17.77%
-2.08%
SCCO
QQQ

Volatility

SCCO vs. QQQ - Volatility Comparison

Southern Copper Corporation (SCCO) has a higher volatility of 10.14% compared to Invesco QQQ (QQQ) at 5.66%. This indicates that SCCO's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
10.14%
5.66%
SCCO
QQQ