FCX correlations (Freeport-McMoRan)
Which assets move with FCX and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Materials · Copper
Volatility (ann.)
43.2%
3y weekly
Beta vs S&P 500
1.55
3y weekly
1-year return
+80.7%
price, adjusted
5-year return
+129.3%
price, adjusted
Market cap
$112.6B
latest
P/E ratio
38.8
trailing
Dividend yield
0.76%
trailing
Max drawdown
-46.3%
3y, daily closes
FCX over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with FCX
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| SCCO | Southern Copper Corporation | 0.82 | |
| HBM | Hudbay Minerals Inc. | 0.79 | |
| TECK | Teck Resources Ltd | 0.70 | |
| TGB | Trekor Metals Limited | 0.70 | |
| ERO | Ero Copper Corp. | 0.69 | |
| XLB | Materials Select Sector SPDR Fund | 0.68 | |
| VEA | Vanguard FTSE Developed Markets ETF | 0.67 | |
| RIO | Rio Tinto Plc | 0.66 | |
| IEFA | iShares Core MSCI EAFE ETF | 0.65 | |
| EFA | iShares MSCI EAFE ETF | 0.65 | |
| VT | Vanguard Total World Stock ETF | 0.61 | |
| AA | Alcoa Corporation | 0.61 | |
| IAF | abrdn Australia Equity Fund, Inc. | 0.60 | |
| IEMG | iShares Core MSCI Emerging Markets ETF | 0.60 | |
| ACWI | iShares MSCI ACWI ETF | 0.60 |
Best diversifiers for FCX
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from FCX.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.44 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.41 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.39 | |
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.24 | |
| IBAC | IB Acquisition Corp. | -0.20 | |
| EHGO | Eshallgo Inc. - Class A | -0.19 | |
| LOCL | Local Bounti Corporation | -0.19 | |
| ANNA | AleAnna, Inc. | -0.18 | |
| MACI | Melar Acquisition Corp. I - Class A | -0.17 | |
| MOH | Molina Healthcare Inc | -0.16 |
FCX vs benchmarks
FCX vs its peers
Get FCX data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/fcx.jsonCorrelations, diversifiers, beta and volatility for FCX, plus one endpoint per pair. API documentation.
FCX inside major ETFs
| ETF | FCX weight | |
|---|---|---|
| XLB | Materials Select Sector SPDR Fund | 6.48% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.51% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.37% |
| VTV | Vanguard Value ETF | 0.34% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.24% |
| IVV | iShares Core S&P 500 ETF | 0.17% |
| SPY | SPDR S&P 500 ETF Trust | 0.17% |
| VOO | Vanguard S&P 500 ETF | 0.14% |
| VTI | Vanguard Total Stock Market ETF | 0.13% |
| ACWI | iShares MSCI ACWI ETF | 0.11% |
