FCX Freeport-McMoran Inc.

Last close: 59.42
504-day return: +34.22%
Median $/day: $707.6M
Relationships shown: 16

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

FCX vs COPX

Both indexed to 100 at 2026-05-11.

FCX COPX · range 80–124 · 2026-05-11 → 2026-11-06

Moves with FCX

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

COPX Global X Copper Miners ETF (NEW)

ρ +0.86beyond mkt +0.65holdout +0.90stable 100%robust

SCCO Southern Copper Corporation

ρ +0.84beyond mkt +0.63holdout +0.91stable 100%robust

HBM Hudbay Minerals Inc.

ρ +0.79beyond mkt +0.51holdout +0.87stable 100%robust

TECK Teck Resources Limited

ρ +0.76beyond mkt +0.46holdout +0.79stable 100%robust

ERO Ero Copper Corp.

ρ +0.74beyond mkt +0.44holdout +0.81stable 100%robust

TGB Trekor Metals Limited

ρ +0.72beyond mkt +0.42holdout +0.80stable 100%robust

Moves against FCX

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.55beyond mkt -0.12holdout -0.66stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.32beyond mkt +0.03holdout -0.35stable 88%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.35beyond mkt -0.03holdout -0.37stable 100%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.41beyond mkt -0.02holdout -0.48stable 100%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

VFLO Victory Portfolios II VictoryShares Free Cash Flow ETF

horizon 10dρ +0.41holdout +0.39stable 75%robust

COWZ Pacer US Cash Cows 100 ETF

horizon 10dρ +0.39holdout +0.24stable 75%robust

VSMV Victory Portfolios II VictoryShares US Multi-Factor Minimum Volatility ETF

horizon 5dρ +0.38holdout +0.20stable 88%robust

ONEY State Street SPDR Russell 1000 Yield Focus ETF

horizon 10dρ +0.37holdout +0.17stable 75%moderate

HYI Western Asset High Yield Opportunity Fund Inc.

horizon 10dρ +0.36holdout +0.23stable 75%robust

GCOW Pacer Global Cash Cows Dividend ETF

horizon 10dρ +0.36holdout +0.21stable 75%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

HII Huntington Ingalls Industries, Inc.

Δ -0.61recent -0.41prior +0.20beyond mkt -0.12

DIVB iShares Core Dividend ETF

Δ -0.54recent -0.22prior +0.32beyond mkt -0.05

GLOB GLOBANT S.A.

Δ -0.52recent -0.38prior +0.14beyond mkt +0.06

HARD Simplify Commodities Strategy No K-1 ETF

Δ -0.51recent -0.36prior +0.15beyond mkt -0.03

PKW Invesco Exchange-Traded Fund Trust Invesco BuyBack Achievers ETF

Δ -0.50recent -0.13prior +0.38beyond mkt -0.04

COWZ Pacer US Cash Cows 100 ETF

Δ -0.50recent -0.19prior +0.31beyond mkt -0.02

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
SETM Sprott Funds Trust Sprott Critical Materials ETF	+0.40	+0.77	10
XME State Street SPDR S&P Metals & Mining ETF	+0.37	+0.76	10
IYM iShares U.S. Basic Materials ETF	+0.40	+0.72	14
EPU iShares MSCI Peru and Global Exposure ETF	+0.40	+0.76	17
CPER United States Copper Index Fund	+0.40	+0.68	17
HBM Hudbay Minerals Inc.	+0.51	+0.79	20