BATS.L vs. RIO
BATS.L (British American Tobacco plc) and RIO (Rio Tinto Group) are both stocks. BATS.L operates in Tobacco (Consumer Defensive), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, BATS.L returned 7.31%/yr vs 22.53%/yr for RIO. At a 0.16 correlation, their price movements are largely independent.
Performance
BATS.L vs. RIO - Performance Comparison
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Different Trading Currencies
BATS.L is traded in GBp, while RIO is traded in USD. To make them comparable, the RIO values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, BATS.L achieves a 7.56% return, which is significantly lower than RIO's 30.63% return. Over the past 10 years, BATS.L has underperformed RIO with an annualized return of 7.31%, while RIO has yielded a comparatively higher 22.53% annualized return.
BATS.L
- 1D
- 1.48%
- 1M
- 4.73%
- YTD
- 7.56%
- 6M
- 6.51%
- 1Y
- 34.97%
- 3Y*
- 29.92%
- 5Y*
- 18.46%
- 10Y*
- 7.31%
RIO
- 1D
- 0.00%
- 1M
- -2.35%
- YTD
- 30.63%
- 6M
- 41.56%
- 1Y
- 82.11%
- 3Y*
- 20.93%
- 5Y*
- 12.15%
- 10Y*
- 22.53%
BATS.L vs. RIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BATS.L British American Tobacco plc | 7.56% | 56.35% | 37.24% | -23.51% | 28.17% | 9.10% | -9.61% | 38.29% | -47.15% | 13.39% |
RIO Rio Tinto Group | 30.90% | 34.17% | -13.88% | 5.51% | 32.56% | -2.76% | 32.22% | 28.11% | 2.83% | 32.35% |
Correlation
The correlation between BATS.L and RIO is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.16 |
Fundamentals
BATS.L:
£97.89B
RIO:
$165.37B
BATS.L:
£4.91
RIO:
$13.11
BATS.L:
9.10
RIO:
7.70
BATS.L:
1.91
RIO:
1.48
BATS.L:
2.04
RIO:
2.66
BATS.L:
£51.48B
RIO:
$111.41B
BATS.L:
£35.04B
RIO:
$31.10B
BATS.L:
£17.11B
RIO:
$40.42B
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Return for Risk
BATS.L vs. RIO — Risk / Return Rank
BATS.L
RIO
BATS.L vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for British American Tobacco plc (BATS.L) 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.
| BATS.L | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.48 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 5.97 | -3.43 |
| Martin ratioReturn relative to average drawdown | 6.13 | 24.05 | -17.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BATS.L | RIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 3.11 | -1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.46 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.79 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.25 | +0.16 |
Drawdowns
BATS.L vs. RIO - Drawdown Comparison
The maximum BATS.L drawdown since its inception was -54.44%, smaller than the maximum RIO drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for BATS.L and RIO.
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Drawdown Indicators
| BATS.L | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.44% | -85.30% | +30.86% |
Max Drawdown (1Y)Largest decline over 1 year | -13.70% | -13.82% | +0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -14.78% | -24.61% | +9.83% |
Max Drawdown (5Y)Largest decline over 5 years | -29.68% | -27.80% | -1.88% |
Max Drawdown (10Y)Largest decline over 10 years | -54.44% | -33.21% | -21.23% |
Current DrawdownCurrent decline from peak | -9.94% | -8.97% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -15.17% | -25.08% | +9.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.69% | 3.42% | +2.27% |
Volatility
BATS.L vs. RIO - Volatility Comparison
British American Tobacco plc (BATS.L) and Rio Tinto Group (RIO) have volatilities of 10.04% and 10.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BATS.L | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 10.53% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 18.26% | 21.75% | -3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.75% | 26.56% | -3.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.57% | 26.41% | -5.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.92% | 28.76% | -4.84% |
Dividends
BATS.L vs. RIO - Dividend Comparison
BATS.L's dividend yield for the trailing twelve months is around 5.40%, more than RIO's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATS.L British American Tobacco plc | 5.40% | 5.70% | 8.18% | 10.06% | 6.64% | 7.89% | 7.77% | 6.28% | 7.81% | 4.35% | 0.00% | 0.00% |
RIO Rio Tinto Group | 3.98% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
BATS.L vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between British American Tobacco plc 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
BATS.L vs. RIO - Profitability Comparison
BATS.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, British American Tobacco plc reported a gross profit of 8.28B and revenue of 13.54B. Therefore, the gross margin over that period was 61.1%.
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%.
BATS.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, British American Tobacco plc reported an operating income of 5.02B and revenue of 13.54B, resulting in an operating margin of 37.1%.
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%.
BATS.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, British American Tobacco plc reported a net income of 3.25B and revenue of 13.54B, resulting in a net margin of 24.0%.
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
BATS.L and RIO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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