BG vs. LW

Last updated Jun 3, 2026

BG (Bunge Limited) and LW (Lamb Weston Holdings, Inc.) are both stocks. Both are in the Consumer Defensive sector — BG in Farm Products, LW in Packaged Foods. Over the past 5 years, BG returned 10.82%/yr vs -11.38%/yr for LW. At a 0.27 correlation, their price movements are largely independent.

Performance

BG vs. LW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bunge Limited (BG) and Lamb Weston Holdings, Inc. (LW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BG achieves a 46.67% return, which is significantly higher than LW's 1.05% return.

BG

• 1D: -0.65%
• 1M: 4.25%
• YTD: 46.67%
• 6M: 36.03%
• 1Y: 69.41%
• 3Y*: 15.14%
• 5Y*: 10.82%
• 10Y*: 9.91%

LW

• 1D: -2.26%
• 1M: -4.28%
• YTD: 1.05%
• 6M: -28.31%
• 1Y: -21.84%
• 3Y*: -26.76%
• 5Y*: -11.38%
• 10Y*: —

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

BG vs. LW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BG Bunge Limited	46.67%	18.56%	-20.74%	3.79%	9.28%	46.77%	18.92%	11.77%	-17.99%	-4.76%
LW Lamb Weston Holdings, Inc.	1.05%	-35.69%	-37.01%	22.32%	42.89%	-18.40%	-7.23%	18.27%	31.81%	51.77%

Correlation

The correlation between BG and LW is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Nov 11, 2016	0.27

Fundamentals

Market Cap BG : $25.31B LW : $5.80B
EPS BG : $4.12 LW : $2.15
PE Ratio BG : 31.34 LW : 19.34
PS Ratio BG : 0.27 LW : 0.89
PB Ratio BG : 1.45 LW : 3.17
Total Revenue (TTM) BG : $80.55B LW : $6.52B
Gross Profit (TTM) BG : $3.58B LW : $1.34B
EBITDA (TTM) BG : $2.19B LW : $893.90M

Return for Risk

BG vs. LW — Risk / Return Rank

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

BG

BG Risk / Return Rank: 89
BG Sharpe Ratio Rank: 89
BG Sortino Ratio Rank: 90
BG Omega Ratio Rank: 86
BG Calmar Ratio Rank: 89
BG Martin Ratio Rank: 90

LW

LW Risk / Return Rank: 20
LW Sharpe Ratio Rank: 19
LW Sortino Ratio Rank: 21
LW Omega Ratio Rank: 19
LW Calmar Ratio Rank: 20
LW Martin Ratio Rank: 20

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.

BG vs. LW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bunge Limited (BG) and Lamb Weston Holdings, Inc. (LW). 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.

	BG	LW	Difference
Sharpe ratio Return per unit of total volatility	2.22	-0.50	+2.72
Sortino ratio Return per unit of downside risk	3.32	-0.42	+3.74
Omega ratio Gain probability vs. loss probability	1.38	0.94	+0.45
Calmar ratio Return relative to maximum drawdown	4.54	-0.56	+5.10
Martin ratio Return relative to average drawdown	12.61	-1.00	+13.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BG vs. LW - Sharpe Ratio Comparison

The current BG Sharpe Ratio is 2.22, which is higher than the LW Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of BG and LW, 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

	BG	LW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	-0.50	+2.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	-0.30	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.14	+0.19

Drawdowns

BG vs. LW - Drawdown Comparison

The maximum BG drawdown since its inception was -77.34%, which is greater than LW's maximum drawdown of -64.56%. Use the drawdown chart below to compare losses from any high point for BG and LW.

Drawdown Indicators

	BG	LW	Difference
Max Drawdown Largest peak-to-trough decline	-77.34%	-64.56%	-12.78%
Max Drawdown (1Y) Largest decline over 1 year	-15.39%	-41.37%	+25.98%
Max Drawdown (3Y) Largest decline over 3 years	-38.82%	-64.56%	+25.74%
Max Drawdown (5Y) Largest decline over 5 years	-41.49%	-64.56%	+23.07%
Max Drawdown (10Y) Largest decline over 10 years	-60.49%	—	—
Current Drawdown Current decline from peak	-0.65%	-61.34%	+60.69%
Average Drawdown Average peak-to-trough decline	-28.91%	-21.19%	-7.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.54%	23.25%	-17.71%

Volatility

BG vs. LW - Volatility Comparison

The current volatility for Bunge Limited (BG) is 8.97%, while Lamb Weston Holdings, Inc. (LW) has a volatility of 10.58%. This indicates that BG experiences smaller price fluctuations and is considered to be less risky than LW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BG	LW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.97%	10.58%	-1.61%
Volatility (6M) Calculated over the trailing 6-month period	19.18%	38.23%	-19.05%
Volatility (1Y) Calculated over the trailing 1-year period	31.37%	44.16%	-12.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.25%	37.84%	-8.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.00%	35.88%	-4.88%

Dividends

BG vs. LW - Dividend Comparison

BG's dividend yield for the trailing twelve months is around 2.18%, less than LW's 3.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BG Bunge Limited	2.18%	3.12%	3.48%	2.55%	2.31%	2.76%	3.05%	3.48%	3.59%	2.62%	2.21%	2.11%
LW Lamb Weston Holdings, Inc.	3.60%	3.53%	2.15%	1.04%	1.10%	1.48%	1.17%	0.93%	1.04%	1.33%	0.00%	0.00%

Financials

BG vs. LW - Profitability Comparison

The chart below illustrates the profitability comparison between Bunge Limited and Lamb Weston Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported a gross profit of 766.00M and revenue of 21.86B. Therefore, the gross margin over that period was 3.5%.

LW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lamb Weston Holdings, Inc. reported a gross profit of 331.60M and revenue of 1.56B. Therefore, the gross margin over that period was 21.2%.

BG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported an operating income of 235.00M and revenue of 21.86B, resulting in an operating margin of 1.1%.

LW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lamb Weston Holdings, Inc. reported an operating income of 126.60M and revenue of 1.56B, resulting in an operating margin of 8.1%.

BG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported a net income of 68.00M and revenue of 21.86B, resulting in a net margin of 0.3%.

LW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lamb Weston Holdings, Inc. reported a net income of 54.00M and revenue of 1.56B, resulting in a net margin of 3.5%.

Frequently Asked Questions

Can I hold both BG and LW in my portfolio?

BG and LW have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BG or LW?

LW has higher volatility (10.58%) compared to BG (8.97%). In terms of maximum drawdown, BG dropped -77.34% vs LW's -64.56%.

Which has better risk-adjusted returns?

BG currently has the higher Sharpe Ratio (2.22 vs -0.50), 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.