BG vs. FRO
BG (Bunge Limited) and FRO (Frontline Ltd.) are both stocks. BG operates in Farm Products (Consumer Defensive), while FRO operates in Marine Shipping (Industrials). Over the past 10 years, BG returned 8.51%/yr vs 26.54%/yr for FRO. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
BG vs. FRO - Performance Comparison
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Returns By Period
In the year-to-date period, BG achieves a 20.66% return, which is significantly lower than FRO's 94.26% return. Over the past 10 years, BG has underperformed FRO with an annualized return of 8.51%, while FRO has yielded a comparatively higher 26.54% annualized return.
BG
- 1D
- 1.10%
- 1M
- 1.28%
- 6M
- -5.62%
- YTD
- 20.66%
- 1Y
- 36.94%
- 3Y*
- 2.24%
- 5Y*
- 9.51%
- 10Y*
- 8.51%
- ALL TIME*
- 10.10%
FRO
- 1D
- 0.69%
- 1M
- 13.46%
- 6M
- 48.31%
- YTD
- 94.26%
- 1Y
- 135.73%
- 3Y*
- 45.97%
- 5Y*
- 49.01%
- 10Y*
- 26.54%
- ALL TIME*
- 7.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $168.20M | $156.93M | $196.43M | |
| $66.00M | $77.57M | $107.06M |
BG vs. FRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BG Bunge Limited | 20.66% | 18.56% | -20.74% | 3.79% | 9.28% | 46.77% | 18.92% | 11.77% | -17.99% | -4.76% |
FRO Frontline Ltd. | 94.26% | 61.17% | -22.48% | 96.23% | 73.67% | 13.67% | -41.47% | 134.59% | 20.48% | -32.17% |
Correlation
The correlation between BG and FRO is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2001 | 0.24 |
The correlation between BG and FRO shifts across timeframes, from 0.11 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BG:
$20.41B
FRO:
$8.76B
BG:
$5.15
FRO:
$4.06
BG:
20.65
FRO:
9.69
BG:
0.23
FRO:
3.89
BG:
1.31
FRO:
3.08
BG:
$91.82B
FRO:
$2.25B
BG:
$4.54B
FRO:
$933.72M
BG:
$2.51B
FRO:
$1.21B
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Return for Risk
BG vs. FRO — Risk / Return Rank
BG
FRO
BG vs. FRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bunge Limited (BG) and Frontline Ltd. (FRO). 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.
| BG | FRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.43 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 6.38 | -4.54 |
| Martin ratioReturn relative to average drawdown | 5.72 | 16.21 | -10.48 |
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Drawdowns
BG vs. FRO - Drawdown Comparison
The maximum BG drawdown since its inception was -77.34%, smaller than the maximum FRO drawdown of -98.36%. Use the drawdown chart below to compare losses from any high point for BG and FRO.
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Drawdown Indicators
| BG | FRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.34% | -98.36% | +21.02% |
Max Drawdown (1Y)Largest decline over 1 year | -20.18% | -21.41% | +1.23% |
Max Drawdown (3Y)Largest decline over 3 years | -38.82% | -52.04% | +13.22% |
Max Drawdown (5Y)Largest decline over 5 years | -41.49% | -52.04% | +10.55% |
Max Drawdown (10Y)Largest decline over 10 years | -60.49% | -52.04% | -8.45% |
Current DrawdownCurrent decline from peak | -19.16% | -69.74% | +50.58% |
Average DrawdownAverage peak-to-trough decline | -28.79% | -67.85% | +39.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.47% | 8.41% | -1.94% |
Volatility
BG vs. FRO - Volatility Comparison
Bunge Limited (BG) and Frontline Ltd. (FRO) have volatilities of 12.25% and 12.24%, 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
| BG | FRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.25% | 12.24% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 22.14% | 33.26% | -11.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.79% | 43.30% | -11.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.58% | 49.77% | -20.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.10% | 51.17% | -20.07% |
Dividends
BG vs. FRO - Dividend Comparison
BG's dividend yield for the trailing twelve months is around 2.65%, less than FRO's 7.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BG Bunge Limited | 2.65% | 3.12% | 3.48% | 2.55% | 2.31% | 2.76% | 3.05% | 3.48% | 3.59% | 2.62% | 2.21% | 2.11% |
FRO Frontline Ltd. | 7.95% | 4.26% | 13.74% | 14.31% | 1.24% | 0.00% | 25.72% | 0.78% | 0.00% | 6.54% | 19.83% | 1.67% |
Financials
BG vs. FRO - Financials Comparison
This section allows you to compare key financial metrics between Bunge Limited and Frontline Ltd.. 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
BG vs. FRO - Profitability Comparison
BG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bunge Limited reported a gross profit of 1.68B and revenue of 24.04B. Therefore, the gross margin over that period was 7.0%.
FRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Frontline Ltd. reported a gross profit of 395.96M and revenue of 714.24M. Therefore, the gross margin over that period was 55.4%.
BG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bunge Limited reported an operating income of 1.08B and revenue of 24.04B, resulting in an operating margin of 4.5%.
FRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Frontline Ltd. reported an operating income of 370.04M and revenue of 714.24M, resulting in an operating margin of 51.8%.
BG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bunge Limited reported a net income of 678.00M and revenue of 24.04B, resulting in a net margin of 2.8%.
FRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Frontline Ltd. reported a net income of 559.12M and revenue of 714.24M, resulting in a net margin of 78.3%.
Frequently Asked Questions
BG and FRO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BG has higher volatility (12.25%) compared to FRO (12.24%). In terms of maximum drawdown, BG dropped -77.34% vs FRO's -98.36%.
FRO currently has the higher Sharpe Ratio (3.16 vs 1.17), 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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