AUDUSD=X vs. BHP
Compare and contrast key facts about AUD/USD (AUDUSD=X) and BHP Group (BHP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUDUSD=X or BHP.
Correlation
The correlation between AUDUSD=X and BHP is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AUDUSD=X vs. BHP - Performance Comparison
Key characteristics
AUDUSD=X:
-0.98
BHP:
-0.70
AUDUSD=X:
-1.22
BHP:
-0.88
AUDUSD=X:
0.83
BHP:
0.90
AUDUSD=X:
-0.15
BHP:
-0.64
AUDUSD=X:
-1.35
BHP:
-1.29
AUDUSD=X:
6.42%
BHP:
13.68%
AUDUSD=X:
8.81%
BHP:
25.15%
AUDUSD=X:
-67.80%
BHP:
-75.95%
AUDUSD=X:
-59.42%
BHP:
-27.44%
Returns By Period
In the year-to-date period, AUDUSD=X achieves a -2.38% return, which is significantly higher than BHP's -2.90% return. Over the past 10 years, AUDUSD=X has underperformed BHP with an annualized return of -2.19%, while BHP has yielded a comparatively higher 8.35% annualized return.
AUDUSD=X
-2.38%
-4.66%
-11.12%
-8.30%
0.14%
-2.19%
BHP
-2.90%
-3.67%
-22.13%
-17.13%
15.16%
8.35%
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Risk-Adjusted Performance
AUDUSD=X vs. BHP — Risk-Adjusted Performance Rank
AUDUSD=X
BHP
AUDUSD=X vs. BHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AUD/USD (AUDUSD=X) and BHP Group (BHP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
AUDUSD=X vs. BHP - Drawdown Comparison
The maximum AUDUSD=X drawdown since its inception was -67.80%, smaller than the maximum BHP drawdown of -75.95%. Use the drawdown chart below to compare losses from any high point for AUDUSD=X and BHP. For additional features, visit the drawdowns tool.
Volatility
AUDUSD=X vs. BHP - Volatility Comparison
The current volatility for AUD/USD (AUDUSD=X) is 5.12%, while BHP Group (BHP) has a volatility of 5.93%. This indicates that AUDUSD=X experiences smaller price fluctuations and is considered to be less risky than BHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.