BFL.AX vs. GBOOY

Last updated Jun 5, 2026

BFL.AX (BSP Financial Group Limited) and GBOOY (Grupo Financiero Banorte SAB de CV ADR) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 3 years, BFL.AX returned 29.04%/yr vs 16.59%/yr for GBOOY. At a correlation of -0.00, they often move in opposite directions.

Performance

BFL.AX vs. GBOOY - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in BSP Financial Group Limited (BFL.AX) and Grupo Financiero Banorte SAB de CV ADR (GBOOY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BFL.AX is traded in AUD, while GBOOY is traded in USD. To make them comparable, the GBOOY values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BFL.AX achieves a 6.26% return, which is significantly lower than GBOOY's 9.65% return.

BFL.AX

• 1D: 0.24%
• 1M: -0.47%
• YTD: 6.26%
• 6M: 11.53%
• 1Y: 18.91%
• 3Y*: 29.04%
• 5Y*: —
• 10Y*: —

GBOOY

• 1D: -0.78%
• 1M: -1.38%
• YTD: 9.65%
• 6M: 10.51%
• 1Y: 15.32%
• 3Y*: 16.59%
• 5Y*: 21.00%
• 10Y*: 14.11%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BFL.AX vs. GBOOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BFL.AX BSP Financial Group Limited	6.26%	34.02%	33.26%	25.70%	29.20%	-15.87%
GBOOY Grupo Financiero Banorte SAB de CV ADR	9.65%	47.64%	-23.17%	53.03%	28.25%	5.45%

Correlation

The correlation between BFL.AX and GBOOY 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	-0.01
Correlation (All Time) Calculated using the full available price history since Jul 19, 2021	-0.00

Return for Risk

BFL.AX vs. GBOOY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BFL.AX

BFL.AX Risk / Return Rank: 59
BFL.AX Sharpe Ratio Rank: 60
BFL.AX Sortino Ratio Rank: 54
BFL.AX Omega Ratio Rank: 60
BFL.AX Calmar Ratio Rank: 58
BFL.AX Martin Ratio Rank: 62

GBOOY

GBOOY Risk / Return Rank: 67
GBOOY Sharpe Ratio Rank: 68
GBOOY Sortino Ratio Rank: 64
GBOOY Omega Ratio Rank: 60
GBOOY Calmar Ratio Rank: 71
GBOOY Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BFL.AX vs. GBOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BSP Financial Group Limited (BFL.AX) and Grupo Financiero Banorte SAB de CV ADR (GBOOY). 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.

	BFL.AX	GBOOY	Difference
Sharpe ratio: Return per unit of total volatility	0.57	0.55	+0.02
Sortino ratio: Return per unit of downside risk	0.99	1.01	-0.01
Omega ratio: Gain probability vs. loss probability	1.16	1.11	+0.05
Calmar ratio: Return relative to maximum drawdown	0.76	1.01	-0.25
Martin ratio: Return relative to average drawdown	2.27	2.38	-0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BFL.AX vs. GBOOY - Sharpe Ratio Comparison

The current BFL.AX Sharpe Ratio is 0.57, which is comparable to the GBOOY Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of BFL.AX and GBOOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BFL.AX	GBOOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.57	0.55	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.39	+0.35

Drawdowns

BFL.AX vs. GBOOY - Drawdown Comparison

The maximum BFL.AX drawdown since its inception was -26.82%, smaller than the maximum GBOOY drawdown of -61.08%. Use the drawdown chart below to compare losses from any high point for BFL.AX and GBOOY.

Drawdown Indicators

	BFL.AX	GBOOY	Difference
Max Drawdown Largest peak-to-trough decline	-26.82%	-61.08%	+34.26%
Max Drawdown (1Y) Largest decline over 1 year	-22.59%	-15.24%	-7.35%
Max Drawdown (3Y) Largest decline over 3 years	-22.59%	-38.23%	+15.64%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.08%	—
Current Drawdown Current decline from peak	-2.49%	-11.50%	+9.01%
Average Drawdown Average peak-to-trough decline	-8.47%	-13.77%	+5.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.61%	6.46%	+1.15%

Volatility

BFL.AX vs. GBOOY - Volatility Comparison

The current volatility for BSP Financial Group Limited (BFL.AX) is 4.75%, while Grupo Financiero Banorte SAB de CV ADR (GBOOY) has a volatility of 7.81%. This indicates that BFL.AX experiences smaller price fluctuations and is considered to be less risky than GBOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BFL.AX	GBOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	7.81%	-3.06%
Volatility (6M) Calculated over the trailing 6-month period	11.46%	22.15%	-10.69%
Volatility (1Y) Calculated over the trailing 1-year period	30.13%	27.92%	+2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.91%	35.45%	-6.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.91%	39.25%	-10.34%

Dividends

BFL.AX vs. GBOOY - Dividend Comparison

BFL.AX's dividend yield for the trailing twelve months is around 6.20%, less than GBOOY's 9.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BFL.AX BSP Financial Group Limited	6.20%	7.35%	8.34%	11.97%	13.09%	2.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GBOOY Grupo Financiero Banorte SAB de CV ADR	9.73%	9.42%	10.55%	7.41%	8.46%	4.29%	0.00%	4.94%	3.46%	5.15%	2.20%	1.02%

Financials

Frequently Asked Questions

Can I hold both BFL.AX and GBOOY in my portfolio?

BFL.AX and GBOOY 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.