SCCO vs TECK: Correlation
Southern Copper Corporation (SCCO) and Teck Resources Ltd (TECK) show a strong relationship: their 3-year correlation of weekly returns is 0.74.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SCCO and TECK?
On 3 years of weekly data the SCCO/TECK correlation comes out at 0.74, strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. The 5-year figure is 0.71, and annualized covariance runs at 1221.5 %².
Among the 20 assets we track against SCCO, TECK ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SCCO ahead by 19.1 points (+134.5% versus +115.4%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
SCCO vs TECK: side by side
| SCCO (Southern Copper Corporation) | TECK (Teck Resources Ltd) | |
|---|---|---|
| 1-year return | +134.5% | +115.4% |
| 5-year return | +339.2% | +233.4% |
| Volatility (ann.) | 40.8% | 40.4% |
| Beta vs S&P 500 | 1.32 | 1.47 |
| Max drawdown (3Y) | -39.7% | -46.1% |
| Market cap | $182.6B | $34.6B |
| P/E (trailing) | 32.0 | 19.3 |
| Dividend yield | 1.65% | 0.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SCCO | TECK |
|---|---|---|
| 2022 | +4.2% | +33.8% |
| 2023 | +50.0% | +14.0% |
| 2024 | +9.4% | -2.6% |
| 2025 | +66.5% | +19.0% |
| 2026 | +55.0% | +47.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SCCO and TECK good diversifiers for each other?
To a limited degree. At 0.74 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between SCCO and TECK?
The SCCO/TECK correlation stands at 0.74 on a 3-year window (1 year: 0.69, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is TECK a good diversifier for SCCO?
To a limited degree. At 0.74 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.74 mean?
On the −1 to +1 scale, 0.74 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/scco-vs-teck.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/scco-vs-teck/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SCCO correlations · TECK correlations
