BDC vs. BMI
BDC (Belden Inc.) and BMI (Badger Meter, Inc.) are both stocks. Both operate in the Electrical Equipment & Parts industry within the Industrials sector. Over the past 10 years, BDC returned 6.24%/yr vs 15.68%/yr for BMI. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
BDC vs. BMI - Performance Comparison
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Returns By Period
In the year-to-date period, BDC achieves a 6.52% return, which is significantly higher than BMI's -22.51% return. Over the past 10 years, BDC has underperformed BMI with an annualized return of 6.24%, while BMI has yielded a comparatively higher 15.68% annualized return.
BDC
- 1D
- 5.93%
- 1M
- 7.49%
- 6M
- 5.65%
- YTD
- 6.52%
- 1Y
- 5.63%
- 3Y*
- 9.16%
- 5Y*
- 20.70%
- 10Y*
- 6.24%
- ALL TIME*
- 10.48%
BMI
- 1D
- 3.04%
- 1M
- -7.90%
- 6M
- -7.80%
- YTD
- -22.51%
- 1Y
- -25.12%
- 3Y*
- -5.44%
- 5Y*
- 6.70%
- 10Y*
- 15.68%
- ALL TIME*
- 16.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BDC Belden Inc. | $64.50M | $61.35M | $65.73M |
| $96.39M | $73.48M | $68.10M |
BDC vs. BMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDC Belden Inc. | 6.52% | 3.68% | 46.06% | 7.69% | 9.75% | 57.46% | -23.40% | 32.14% | -45.70% | 3.48% |
BMI Badger Meter, Inc. | -22.51% | -17.15% | 38.28% | 42.58% | 3.23% | 14.11% | 46.37% | 33.46% | 4.09% | 30.91% |
Correlation
The correlation between BDC and BMI is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.51 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 1993 | 0.35 |
The correlation between BDC and BMI shifts across timeframes, from 0.35 (all time) to 0.51 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BDC:
$4.83B
BMI:
$3.89B
BDC:
$6.15
BMI:
$4.27
BDC:
20.16
BMI:
31.43
BDC:
0.25
BMI:
1.31
BDC:
1.72
BMI:
4.48
BDC:
3.52
BMI:
4.84
BDC:
$2.86B
BMI:
$880.96M
BDC:
$1.04B
BMI:
$363.92M
BDC:
$437.81M
BMI:
$188.13M
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Return for Risk
BDC vs. BMI — Risk / Return Rank
BDC
BMI
BDC vs. BMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Belden Inc. (BDC) and Badger Meter, Inc. (BMI). 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.
| BDC | BMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.91 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | -0.69 | +0.70 |
| Martin ratioReturn relative to average drawdown | 0.03 | -1.36 | +1.39 |
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Drawdowns
BDC vs. BMI - Drawdown Comparison
The maximum BDC drawdown since its inception was -85.69%, which is greater than BMI's maximum drawdown of -68.22%. Use the drawdown chart below to compare losses from any high point for BDC and BMI.
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Drawdown Indicators
| BDC | BMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.69% | -68.22% | -17.47% |
Max Drawdown (1Y)Largest decline over 1 year | -34.00% | -40.85% | +6.85% |
Max Drawdown (3Y)Largest decline over 3 years | -35.75% | -55.06% | +19.31% |
Max Drawdown (5Y)Largest decline over 5 years | -36.62% | -55.06% | +18.44% |
Max Drawdown (10Y)Largest decline over 10 years | -67.69% | -55.06% | -12.63% |
Current DrawdownCurrent decline from peak | -17.73% | -46.59% | +28.86% |
Average DrawdownAverage peak-to-trough decline | -34.78% | -19.10% | -15.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.54% | 20.69% | -3.15% |
Volatility
BDC vs. BMI - Volatility Comparison
Belden Inc. (BDC) has a higher volatility of 18.94% compared to Badger Meter, Inc. (BMI) at 17.92%. This indicates that BDC's price experiences larger fluctuations and is considered to be riskier than BMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDC | BMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.94% | 17.92% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 34.12% | 40.24% | -6.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.56% | 45.09% | -4.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.61% | 34.82% | +2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.37% | 34.15% | +6.22% |
Dividends
BDC vs. BMI - Dividend Comparison
BDC's dividend yield for the trailing twelve months is around 0.16%, less than BMI's 1.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDC Belden Inc. | 0.16% | 0.17% | 0.18% | 0.26% | 0.28% | 0.30% | 0.48% | 0.36% | 0.48% | 0.26% | 0.27% | 0.42% |
BMI Badger Meter, Inc. | 1.19% | 0.85% | 0.58% | 0.64% | 0.78% | 0.71% | 0.74% | 0.99% | 1.14% | 1.03% | 1.16% | 1.33% |
Financials
BDC vs. BMI - Financials Comparison
This section allows you to compare key financial metrics between Belden Inc. and Badger Meter, Inc.. 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
BDC vs. BMI - Profitability Comparison
BDC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Belden Inc. reported a gross profit of 293.62M and revenue of 750.16M. Therefore, the gross margin over that period was 39.1%.
BMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Badger Meter, Inc. reported a gross profit of 90.77M and revenue of 222.32M. Therefore, the gross margin over that period was 40.8%.
BDC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Belden Inc. reported an operating income of 99.26M and revenue of 750.16M, resulting in an operating margin of 13.2%.
BMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Badger Meter, Inc. reported an operating income of 39.38M and revenue of 222.32M, resulting in an operating margin of 17.7%.
BDC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Belden Inc. reported a net income of 68.54M and revenue of 750.16M, resulting in a net margin of 9.1%.
BMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Badger Meter, Inc. reported a net income of 29.72M and revenue of 222.32M, resulting in a net margin of 13.4%.
Frequently Asked Questions
BDC and BMI have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDC has higher volatility (18.94%) compared to BMI (17.92%). In terms of maximum drawdown, BDC dropped -85.69% vs BMI's -68.22%.
BDC currently has the higher Sharpe Ratio (0.01 vs -0.62), 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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