BBVA vs. TRP
BBVA (Banco Bilbao Vizcaya Argentaria, S.A.) and TRP (TC Energy Corporation) are both stocks. BBVA operates in Banks - Diversified (Financial Services), while TRP operates in Oil & Gas Midstream (Energy). Over the past 10 years, BBVA returned 20.71%/yr vs 12.07%/yr for TRP. At a 0.26 correlation, their price movements are largely independent.
Performance
BBVA vs. TRP - Performance Comparison
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Returns By Period
In the year-to-date period, BBVA achieves a -1.04% return, which is significantly lower than TRP's 25.32% return. Over the past 10 years, BBVA has outperformed TRP with an annualized return of 20.71%, while TRP has yielded a comparatively lower 12.07% annualized return.
BBVA
- 1D
- 0.68%
- 1M
- 0.40%
- YTD
- -1.04%
- 6M
- 5.63%
- 1Y
- 55.10%
- 3Y*
- 55.69%
- 5Y*
- 36.80%
- 10Y*
- 20.71%
TRP
- 1D
- -0.63%
- 1M
- 5.41%
- YTD
- 25.32%
- 6M
- 27.56%
- 1Y
- 40.76%
- 3Y*
- 29.68%
- 5Y*
- 14.17%
- 10Y*
- 12.07%
BBVA vs. TRP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | -1.04% | 153.74% | 14.20% | 62.48% | 10.09% | 22.05% | -6.31% | 11.07% | -35.01% | 32.83% |
TRP TC Energy Corporation | 25.32% | 24.02% | 39.88% | 6.09% | -7.83% | 20.99% | -19.09% | 56.30% | -22.64% | 13.51% |
Correlation
The correlation between BBVA and TRP is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 1988 | 0.26 |
The correlation between BBVA and TRP shifts across timeframes, from 0.13 (1 year) to 0.29 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BBVA:
$126.59B
TRP:
$71.12B
BBVA:
$1.84
TRP:
$3.31
BBVA:
12.13
TRP:
20.64
BBVA:
0.45
TRP:
0.28
BBVA:
2.78
TRP:
4.51
BBVA:
2.25
TRP:
2.81
BBVA:
$47.06B
TRP:
$15.76B
BBVA:
$32.43B
TRP:
$8.07B
BBVA:
$18.16B
TRP:
$10.90B
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Return for Risk
BBVA vs. TRP — Risk / Return Rank
BBVA
TRP
BBVA vs. TRP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and TC Energy Corporation (TRP). 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.
| BBVA | TRP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.38 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 4.24 | -1.74 |
| Martin ratioReturn relative to average drawdown | 6.60 | 12.62 | -6.02 |
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
| BBVA | TRP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.29 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.65 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.49 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.47 | -0.20 |
Drawdowns
BBVA vs. TRP - Drawdown Comparison
The maximum BBVA drawdown since its inception was -78.31%, which is greater than TRP's maximum drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for BBVA and TRP.
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Drawdown Indicators
| BBVA | TRP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.31% | -62.52% | -15.79% |
Max Drawdown (1Y)Largest decline over 1 year | -22.14% | -9.65% | -12.49% |
Max Drawdown (3Y)Largest decline over 3 years | -22.14% | -17.05% | -5.09% |
Max Drawdown (5Y)Largest decline over 5 years | -42.28% | -37.05% | -5.23% |
Max Drawdown (10Y)Largest decline over 10 years | -69.63% | -41.64% | -27.99% |
Current DrawdownCurrent decline from peak | -11.65% | -3.75% | -7.90% |
Average DrawdownAverage peak-to-trough decline | -29.08% | -11.73% | -17.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.37% | 3.48% | +4.89% |
Volatility
BBVA vs. TRP - Volatility Comparison
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has a higher volatility of 8.65% compared to TC Energy Corporation (TRP) at 5.85%. This indicates that BBVA's price experiences larger fluctuations and is considered to be riskier than TRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBVA | TRP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.65% | 5.85% | +2.80% |
Volatility (6M)Calculated over the trailing 6-month period | 26.59% | 13.34% | +13.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.52% | 17.92% | +15.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.53% | 21.86% | +11.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.30% | 24.85% | +11.45% |
Dividends
BBVA vs. TRP - Dividend Comparison
BBVA's dividend yield for the trailing twelve months is around 4.84%, more than TRP's 3.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 4.84% | 3.51% | 7.71% | 5.51% | 6.29% | 2.79% | 3.50% | 5.23% | 5.75% | 5.17% | 6.02% | 4.29% |
TRP TC Energy Corporation | 3.64% | 4.45% | 5.93% | 7.73% | 8.52% | 5.94% | 5.92% | 4.25% | 5.85% | 5.14% | 5.01% | 6.38% |
Financials
BBVA vs. TRP - Financials Comparison
This section allows you to compare key financial metrics between Banco Bilbao Vizcaya Argentaria, S.A. and TC Energy Corporation. 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
BBVA vs. TRP - Profitability Comparison
BBVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a gross profit of 8.83B and revenue of 10.65B. Therefore, the gross margin over that period was 82.9%.
TRP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a gross profit of 2.41B and revenue of 4.24B. Therefore, the gross margin over that period was 56.7%.
BBVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported an operating income of 4.72B and revenue of 10.65B, resulting in an operating margin of 44.3%.
TRP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported an operating income of 2.21B and revenue of 4.24B, resulting in an operating margin of 52.1%.
BBVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a net income of 2.99B and revenue of 10.65B, resulting in a net margin of 28.1%.
TRP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a net income of 929.40M and revenue of 4.24B, resulting in a net margin of 21.9%.
Frequently Asked Questions
BBVA and TRP have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBVA has higher volatility (8.65%) compared to TRP (5.85%). In terms of maximum drawdown, BBVA dropped -78.31% vs TRP's -62.52%.
TRP currently has the higher Sharpe Ratio (2.29 vs 1.66), 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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