Southern Copper Corp vs iShares TIPS Bond ETF — how do they compare? Southern Copper Corp trades at $187.95 (market cap $146.07B), while iShares TIPS Bond ETF trades at $107.93. The key difference: Southern Copper Corp pays a 2.28% dividend while iShares TIPS Bond ETF pays none, and Southern Copper Corp is trading nearer its 52-week high, iShares TIPS Bond ETF nearer its low. Which is the better fit depends on your goals.
| SCCO | TIP | |
|---|---|---|
Market Cap | $146.07B | — |
Sector | Basic Materials | Fixed Income |
52-Week High | $218.85 | $112.20 |
52-Week Low | $90.54 | $107.91 |
Enterprise Value | $148.12B | — |
Dividend Yield | 2.28% | — |
Trailing returns across standard periods
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. Southern Copper generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. Its geographical segments are The Americas, Europe, and Asia.
Read more on SCCO →TIP is the flagship ETF for U.S. Treasury Inflation-Protected Securities (TIPS). It tracks an index of government bonds whose principal value adjusts based on the Consumer Price Index (CPI), providing a direct hedge against rising inflation.
Read more on TIP →