WDS vs. FCX
WDS (Woodside Energy Group Ltd) and FCX (Freeport-McMoRan Inc.) are both stocks. WDS operates in Oil & Gas E&P (Energy), while FCX operates in Copper (Basic Materials). Over the past 10 years, WDS returned 7.93%/yr vs 22.12%/yr for FCX. At a 0.47 correlation, their price movements are largely independent.
Performance
WDS vs. FCX - Performance Comparison
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Returns By Period
In the year-to-date period, WDS achieves a 52.08% return, which is significantly higher than FCX's 35.32% return. Over the past 10 years, WDS has underperformed FCX with an annualized return of 7.93%, while FCX has yielded a comparatively higher 22.12% annualized return.
WDS
- 1D
- 6.17%
- 1M
- 2.76%
- YTD
- 52.08%
- 6M
- 46.18%
- 1Y
- 58.11%
- 3Y*
- 6.16%
- 5Y*
- 12.79%
- 10Y*
- 7.93%
FCX
- 1D
- 3.12%
- 1M
- 1.86%
- YTD
- 35.32%
- 6M
- 45.06%
- 1Y
- 68.06%
- 3Y*
- 21.38%
- 5Y*
- 12.26%
- 10Y*
- 22.12%
WDS vs. FCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDS Woodside Energy Group Ltd | 52.08% | 6.78% | -20.60% | -4.42% | 68.06% | -6.77% | -24.23% | 14.38% | -9.70% | 19.32% |
FCX Freeport-McMoRan Inc. | 35.32% | 35.41% | -9.41% | 13.69% | -7.91% | 61.41% | 99.06% | 29.59% | -45.11% | 43.75% |
Correlation
The correlation between WDS and FCX is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.47 |
Over the past year, the correlation between WDS and FCX has dropped to 0.06 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
Fundamentals
WDS:
$44.17B
FCX:
$98.78B
WDS:
$3.29
FCX:
$1.89
WDS:
7.02
FCX:
36.13
WDS:
1.69
FCX:
3.74
WDS:
1.23
FCX:
5.06
WDS:
$26.15B
FCX:
$26.42B
WDS:
$9.87B
FCX:
$7.35B
WDS:
$17.06B
FCX:
$9.59B
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Return for Risk
WDS vs. FCX — Risk / Return Rank
WDS
FCX
WDS vs. FCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Woodside Energy Group Ltd (WDS) and Freeport-McMoRan Inc. (FCX). 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.
| WDS | FCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.25 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 2.75 | +0.66 |
| Martin ratioReturn relative to average drawdown | 7.88 | 6.85 | +1.03 |
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Drawdowns
WDS vs. FCX - Drawdown Comparison
The maximum WDS drawdown since its inception was -77.06%, smaller than the maximum FCX drawdown of -92.52%. Use the drawdown chart below to compare losses from any high point for WDS and FCX.
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Drawdown Indicators
| WDS | FCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.06% | -92.52% | +15.46% |
Max Drawdown (1Y)Largest decline over 1 year | -17.16% | -24.90% | +7.74% |
Max Drawdown (3Y)Largest decline over 3 years | -48.77% | -46.34% | -2.43% |
Max Drawdown (5Y)Largest decline over 5 years | -48.77% | -51.47% | +2.70% |
Max Drawdown (10Y)Largest decline over 10 years | -66.16% | -72.59% | +6.43% |
Current DrawdownCurrent decline from peak | -10.20% | -4.62% | -5.58% |
Average DrawdownAverage peak-to-trough decline | -39.55% | -39.62% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 9.97% | -2.57% |
Volatility
WDS vs. FCX - Volatility Comparison
The current volatility for Woodside Energy Group Ltd (WDS) is 10.13%, while Freeport-McMoRan Inc. (FCX) has a volatility of 17.98%. This indicates that WDS experiences smaller price fluctuations and is considered to be less risky than FCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDS | FCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.13% | 17.98% | -7.85% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 37.53% | -13.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.62% | 48.88% | -18.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.40% | 45.14% | -11.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.78% | 48.65% | -14.87% |
Dividends
WDS vs. FCX - Dividend Comparison
WDS's dividend yield for the trailing twelve months is around 4.85%, more than FCX's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCX Freeport-McMoRan Inc. | 0.88% | 1.18% | 1.58% | 1.41% | 0.99% | 0.54% | 0.19% | 1.52% | 1.45% | 0.00% | 0.00% | 8.46% |
WDS Woodside Energy Group Ltd | 4.85% | 6.80% | 8.27% | 10.62% | 8.84% | 2.39% | 4.41% | 5.12% | 5.45% | 3.65% | 5.21% | 9.84% |
Financials
WDS vs. FCX - Financials Comparison
This section allows you to compare key financial metrics between Woodside Energy Group Ltd and Freeport-McMoRan Inc.. 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
WDS vs. FCX - Profitability Comparison
WDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a gross profit of 1.99B and revenue of 6.39B. Therefore, the gross margin over that period was 31.1%.
FCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Freeport-McMoRan Inc. reported a gross profit of 1.66B and revenue of 6.23B. Therefore, the gross margin over that period was 26.6%.
WDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported an operating income of 1.67B and revenue of 6.39B, resulting in an operating margin of 26.1%.
FCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Freeport-McMoRan Inc. reported an operating income of 2.14B and revenue of 6.23B, resulting in an operating margin of 34.3%.
WDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a net income of 1.40B and revenue of 6.39B, resulting in a net margin of 21.9%.
FCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Freeport-McMoRan Inc. reported a net income of 881.00M and revenue of 6.23B, resulting in a net margin of 14.1%.
Frequently Asked Questions
WDS and FCX have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCX has higher volatility (17.98%) compared to WDS (10.13%). In terms of maximum drawdown, WDS dropped -77.06% vs FCX's -92.52%.
WDS currently has the higher Sharpe Ratio (1.91 vs 1.40), 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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