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 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AUDUSD=X vs. BHP - Performance Comparison
Key characteristics
AUDUSD=X:
-0.49
BHP:
-0.49
AUDUSD=X:
-0.61
BHP:
-0.53
AUDUSD=X:
0.92
BHP:
0.93
AUDUSD=X:
-0.08
BHP:
-0.38
AUDUSD=X:
-0.68
BHP:
-0.95
AUDUSD=X:
6.94%
BHP:
15.04%
AUDUSD=X:
9.25%
BHP:
29.13%
AUDUSD=X:
-67.80%
BHP:
-75.95%
AUDUSD=X:
-56.86%
BHP:
-24.41%
Returns By Period
In the year-to-date period, AUDUSD=X achieves a 3.77% return, which is significantly higher than BHP's 1.16% return. Over the past 10 years, AUDUSD=X has underperformed BHP with an annualized return of -1.88%, while BHP has yielded a comparatively higher 7.61% annualized return.
AUDUSD=X
3.77%
2.12%
-2.48%
-1.58%
-0.38%
-1.88%
BHP
1.16%
-1.02%
-13.53%
-9.99%
12.89%
7.61%
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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 3.94%, while BHP Group (BHP) has a volatility of 12.84%. 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.