Palladium vs Copper

Palladium (XPD) and Copper (XCU) compared side by side. Over the past 90 days, XCU is ahead by 30.6 percentage points (XPD -26.3% against XCU +4.3%). Their daily returns move loosely together (correlation 0.57 across 279 shared trading days). XPD has been the more volatile of the two, at 66% annualised against XCU's 33%.

Correlation: 0.57
Ahead over 90 days: XCU

PalladiumXPD

$985.0000

24h: +5.51%
Market cap: —
Volume 24h: $4,886
Volatility (ann.): 66%

CopperXCU

$93.9700

24h: +0.66%
Market cap: —
Volume 24h: $38,809
Volatility (ann.): 33%

Performance

XPDXCU

7 days-11.14%-1.51%XCU
30 days-26.41%-4.73%XCU
90 days-26.30%+4.32%XCU

Correlation

0.57over 279 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 0.481y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	XPD	XCU
Max drawdown (400d)	-57.1%	-13.5%
Risk-adjusted return (90d)	-0.56	0.17

Relative strength over 90 days: XCU outperformed XPD by 29.4% — measured on the XPD/XCU ratio, so it holds regardless of market direction.

Palladium →Copper →