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WCC vs. COPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

WCC vs. COPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WESCO International, Inc. (WCC) and Global X Copper Miners ETF (COPX). 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
8.70%
-10.64%
WCC
COPX

Returns By Period

In the year-to-date period, WCC achieves a 16.96% return, which is significantly higher than COPX's 13.81% return. Over the past 10 years, WCC has outperformed COPX with an annualized return of 9.18%, while COPX has yielded a comparatively lower 7.26% annualized return.


WCC

YTD

16.96%

1M

13.69%

6M

7.98%

1Y

34.07%

5Y (annualized)

31.12%

10Y (annualized)

9.18%

COPX

YTD

13.81%

1M

-5.99%

6M

-11.58%

1Y

24.42%

5Y (annualized)

20.92%

10Y (annualized)

7.26%

Key characteristics


WCCCOPX
Sharpe Ratio0.680.74
Sortino Ratio1.091.21
Omega Ratio1.201.15
Calmar Ratio1.040.90
Martin Ratio2.492.06
Ulcer Index13.22%12.10%
Daily Std Dev48.41%33.44%
Max Drawdown-86.27%-83.16%
Current Drawdown-5.00%-19.05%

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Correlation

-0.50.00.51.00.5

The correlation between WCC and COPX is 0.51, 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

WCC vs. COPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WESCO International, Inc. (WCC) and Global X Copper Miners ETF (COPX). 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 WCC, currently valued at 0.68, compared to the broader market-4.00-2.000.002.004.000.680.74
The chart of Sortino ratio for WCC, currently valued at 1.09, compared to the broader market-4.00-2.000.002.004.001.091.21
The chart of Omega ratio for WCC, currently valued at 1.20, compared to the broader market0.501.001.502.001.201.15
The chart of Calmar ratio for WCC, currently valued at 1.04, compared to the broader market0.002.004.006.001.040.90
The chart of Martin ratio for WCC, currently valued at 2.49, compared to the broader market-10.000.0010.0020.0030.002.492.06
WCC
COPX

The current WCC Sharpe Ratio is 0.68, which is comparable to the COPX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of WCC and COPX, 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 Ratio0.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.68
0.74
WCC
COPX

Dividends

WCC vs. COPX - Dividend Comparison

WCC's dividend yield for the trailing twelve months is around 0.80%, less than COPX's 1.29% yield.


TTM20232022202120202019201820172016201520142013
WCC
WESCO International, Inc.
0.80%0.86%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
COPX
Global X Copper Miners ETF
1.29%2.39%3.14%1.48%1.30%1.37%2.58%1.56%0.59%1.20%2.31%0.70%

Drawdowns

WCC vs. COPX - Drawdown Comparison

The maximum WCC drawdown since its inception was -86.27%, roughly equal to the maximum COPX drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for WCC and COPX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.00%
-19.05%
WCC
COPX

Volatility

WCC vs. COPX - Volatility Comparison

WESCO International, Inc. (WCC) has a higher volatility of 15.93% compared to Global X Copper Miners ETF (COPX) at 11.39%. This indicates that WCC's price experiences larger fluctuations and is considered to be riskier than COPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
15.93%
11.39%
WCC
COPX