AVGO vs. RIO
AVGO (Broadcom Inc.) and RIO (Rio Tinto Group) are both stocks. AVGO operates in Semiconductors (Technology), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, AVGO returned 40.96%/yr vs 22.54%/yr for RIO. At a 0.33 correlation, their price movements are largely independent.
Performance
AVGO vs. RIO - Performance Comparison
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Returns By Period
In the year-to-date period, AVGO achieves a 10.62% return, which is significantly lower than RIO's 35.32% return. Over the past 10 years, AVGO has outperformed RIO with an annualized return of 40.96%, while RIO has yielded a comparatively lower 22.54% annualized return.
AVGO
- 1D
- -0.91%
- 1M
- -8.33%
- YTD
- 10.62%
- 6M
- 6.58%
- 1Y
- 50.41%
- 3Y*
- 67.17%
- 5Y*
- 55.09%
- 10Y*
- 40.96%
RIO
- 1D
- 1.65%
- 1M
- -5.97%
- YTD
- 35.32%
- 6M
- 43.14%
- 1Y
- 89.03%
- 3Y*
- 24.54%
- 5Y*
- 11.74%
- 10Y*
- 22.54%
AVGO vs. RIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 10.62% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
RIO Rio Tinto Group | 35.32% | 44.47% | -15.36% | 11.06% | 18.48% | -3.67% | 36.22% | 33.18% | -2.93% | 44.87% |
Correlation
The correlation between AVGO and RIO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2009 | 0.33 |
Fundamentals
AVGO:
$1.86T
RIO:
$172.61B
AVGO:
$6.01
RIO:
$13.11
AVGO:
63.58
RIO:
8.03
AVGO:
24.70
RIO:
1.55
AVGO:
21.24
RIO:
2.77
AVGO:
$75.47B
RIO:
$111.41B
AVGO:
$50.53B
RIO:
$31.10B
AVGO:
$41.76B
RIO:
$40.42B
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Return for Risk
AVGO vs. RIO — Risk / Return Rank
AVGO
RIO
AVGO vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Rio Tinto Group (RIO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVGO | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.46 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 5.89 | -4.13 |
| Martin ratioReturn relative to average drawdown | 4.11 | 21.91 | -17.80 |
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Drawdowns
AVGO vs. RIO - Drawdown Comparison
The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum RIO drawdown of -88.97%. Use the drawdown chart below to compare losses from any high point for AVGO and RIO.
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Drawdown Indicators
| AVGO | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.30% | -88.97% | +40.67% |
Max Drawdown (1Y)Largest decline over 1 year | -28.67% | -15.19% | -13.48% |
Max Drawdown (3Y)Largest decline over 3 years | -41.15% | -24.19% | -16.96% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -35.25% | -5.90% |
Max Drawdown (10Y)Largest decline over 10 years | -48.30% | -37.47% | -10.83% |
Current DrawdownCurrent decline from peak | -20.66% | -5.97% | -14.69% |
Average DrawdownAverage peak-to-trough decline | -7.98% | -23.76% | +15.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.30% | 4.09% | +8.21% |
Volatility
AVGO vs. RIO - Volatility Comparison
Broadcom Inc. (AVGO) has a higher volatility of 20.53% compared to Rio Tinto Group (RIO) at 11.81%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVGO | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.53% | 11.81% | +8.72% |
Volatility (6M)Calculated over the trailing 6-month period | 35.04% | 24.27% | +10.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.57% | 29.32% | +16.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.39% | 29.30% | +14.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.52% | 30.65% | +8.87% |
Dividends
AVGO vs. RIO - Dividend Comparison
AVGO's dividend yield for the trailing twelve months is around 0.65%, less than RIO's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.65% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
RIO Rio Tinto Group | 3.82% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
AVGO vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between Broadcom Inc. and Rio Tinto Group. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AVGO vs. RIO - Profitability Comparison
AVGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.
RIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.
AVGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.
RIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.
AVGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.
RIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.
Frequently Asked Questions
AVGO and RIO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (20.53%) compared to RIO (11.81%). In terms of maximum drawdown, AVGO dropped -48.30% vs RIO's -88.97%.
RIO currently has the higher Sharpe Ratio (3.05 vs 1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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