Freeport-McMoRan Inc. (FCX)

FCX · Materials · United States

Freeport-McMoRan Inc. (FCX) is a company in the Materials sector, based in United States. The stock is held in 17 ETFs we track – with its largest weight of 3.34 % in XDWM (msci-world-materials). Anyone holding one of these ETFs also owns a small indirect stake in Freeport-McMoRan.

Above-average ETF coverage: 17 of the 95 ETFs we cover hold Freeport-McMoRan, spread across 7 indices. That puts the stock in more ETFs than 78.1 % of the 4,334 stocks we cover.

Held in17 ETFs

Highest weight3.34 %

Indices7

SectorMaterials

CountryUnited States

ISINUS35671D8570

WKN896476

Data note 1

Price chart

Data note 2

Performance

Performance
Year to date	+36.3 %	1 year	+52.8 %
1 month	+1.3 %	3 months	+0.3 %
Calendar year 2025	+33.4 %

52W

Data note 3

Measured in euros, Freeport-McMoRan returned +38.8 % year to date and +56.4 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.

Data note 4

Risk metrics

Max drawdown-43.8 %

Volatility p.a.47.7 %

Data note 5

Below peak-13.4 %

Beta to S&P 5002.23

Correlation to S&P 5000.56

The close on Sep 16, 2026 was 13.4 % below the highest close since Aug 12, 2024, reached on Aug 25, 2026. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, Freeport-McMoRan moved on average 2.23 % in the same direction. The correlation of 0.56 shows how reliable that average is: the broad market explained part of the daily moves, but far from all.

Data note 6

Correlated with

The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.

Correlated with
Instrument	r	−1 … +1
Copper	+0.74
MSCI Emerging Markets	+0.69
MSCI EM IMI	+0.69
MSCI ACWI	+0.68
Coeur Mining Inc.	+0.68
AUD/USD	+0.67
Chubb Limited	-0.50
Altria Group Inc.	-0.47
Arch Capital Group Ltd.	-0.46

Data note 7

Key financials

Latest reported fiscal year (FY2025, period end 2025-12-31) as filed with the SEC.

Revenue25.2 bn $

Net income2.2 bn $

Net margin8.8 %

Return on equity11.7 %

Equity ratio32.5 %

Revenue growth+0.1 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	22.7	1.8	8.1 %
FY2024	25.2	1.9	7.5 %
FY2025	25.2	2.2	8.8 %

Data note 8

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
XDWM	msci-world-materials	3.34 %	€33.40
WMAT	msci-world-materials	3.34 %	€33.40
SPYL / SPY5	sp500	0.15 %	€1.50
SXR8	sp500	0.15 %	€1.50
XD9U / XD9D	msci-usa	0.15 %	€1.50
SPYI / SPSA	msci-acwi-imi	0.13 %	€1.30
SWWD	msci-world	0.11 %	€1.10
EUNL	msci-world	0.11 %	€1.10
SPPW	msci-world	0.11 %	€1.10
XDWD / XDWL	msci-world	0.11 %	€1.10
WIMI	msci-world-imi	0.10 %	€1.00
SPYY	msci-acwi	0.10 %	€1.00
IUSQ	msci-acwi	0.10 %	€1.00

Data note 9

The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to Freeport-McMoRan as of the fund's latest holdings list.

Weight in EUNL since 2019

Sep 30, 2019Sep 16, 2026

In EUNL, a fund tracking the MSCI World, Freeport-McMoRan had a weight of 0.03 % on Sep 30, 2019 and 0.11 % on Sep 16, 2026. Its share peaked at 0.12 % on Mar 31, 2022. The weight rises and falls with the stock's price relative to the other index members, and it also shifts when the index provider changes the composition.

Data note 10

How much Freeport-McMoRan Inc. overlaps with other holdings in a portfolio is shown by the Portfolio X-Ray and the ETF overlap check.

Stocks with similar ETF exposure

Names that reach a portfolio through largely the same funds as Freeport-McMoRan — the figure counts the ETFs holding both.

Data note 11

Key figures side by side

Key figures compared with stocks of similar ETF exposure
Stock	1 year	Volatility p.a.	Net margin	Revenue growth
Freeport-McMoRan	+52.8 %	47.7 %	8.8 %	+0.1 %
Air Products and Chemicals	+0.7 %	25.6 %	-3.3 %	-0.5 %
Dow	+22.9 %	43.7 %	–	-7.0 %
International Flavors & Fragrances	+30.8 %	31.8 %	–	-5.2 %
Martin Marietta Materials	-18.5 %	26.3 %	18.5 %	+8.6 %
Packaging Corporation of America	+9.4 %	26.8 %	8.6 %	+7.2 %
Vulcan Materials Company	-16.3 %	26.8 %	13.6 %	+7.1 %
Ball Corporation	+23.2 %	25.9 %	–	–
CRH public limited company	-23.0 %	32.0 %	10.0 %	+5.3 %

Return and volatility from our daily closing prices in US dollars; margin and growth from the latest SEC annual filing. Fiscal years do not all end on the same date.