| Freeport-McMoRan is a holding company. Through its subsidiaries, Co. is a mining company. Co. operates assets with proven and probable reserves of copper, gold and molybdenum, and Co. is a publicly traded copper producer. Co.'s portfolio of assets includes the Grasberg minerals district in Indonesia, a copper and gold deposits; and mining operations in the Americas, including the Morenci minerals district in North America and the Cerro Verde operation in South America. Co. has organized its mining operations into four primary divisions: North America copper mines, South America mining, Indonesia mining and Molybdenum mines. The Freeport-McMoran Copper and Gold YTD return is shown above.
The YTD Return on the Freeport-McMoran Copper and Gold YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether Freeport-McMoran Copper and Gold YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the FCX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.