BGL.AX vs. MLERO.PA
BGL.AX (Bellevue Gold Limited) and MLERO.PA (Euroland Corporate Société anonyme) are both stocks. BGL.AX operates in Gold (Basic Materials), while MLERO.PA operates in Capital Markets (Financial Services). At a 0.00 correlation, their price movements are largely independent.
Performance
BGL.AX vs. MLERO.PA - Performance Comparison
Loading charts...
Different Trading Currencies
BGL.AX is traded in AUD, while MLERO.PA is traded in EUR. To make them comparable, the MLERO.PA values have been converted to AUD using the latest available exchange rates.
Returns By Period
BGL.AX
- 1D
- 1.26%
- 1M
- -18.03%
- 6M
- -29.12%
- YTD
- -29.53%
- 1Y
- 30.98%
- 3Y*
- -6.41%
- 5Y*
- 4.22%
- 10Y*
- 46.76%
- ALL TIME*
- 7.94%
MLERO.PA
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BGL.AX vs. MLERO.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGL.AX Bellevue Gold Limited | -29.53% | 51.33% | -32.74% | 48.67% | 33.73% | -24.55% | 109.35% | 30.49% | 54.72% | 1,104.55% |
MLERO.PA Euroland Corporate Société anonyme | 0.00% | 25.31% | 22.92% | 8.15% | 7.12% | 115.75% | 63.05% | 67.88% | -30.28% | 119.01% |
Correlation
The correlation between BGL.AX and MLERO.PA is 0.00, 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 (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012 | 0.00 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGL.AX vs. MLERO.PA — Risk / Return Rank
BGL.AX
MLERO.PA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BGL.AX vs. MLERO.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bellevue Gold Limited (BGL.AX) and Euroland Corporate Société anonyme (MLERO.PA). 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.
| BGL.AX | MLERO.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.14 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | — | — |
| Martin ratioReturn relative to average drawdown | 1.86 | — | — |
Loading charts...
Drawdowns
BGL.AX vs. MLERO.PA - Drawdown Comparison
Loading charts...
Drawdown Indicators
| BGL.AX | MLERO.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.78% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -40.20% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -61.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.82% | — | — |
Current DrawdownCurrent decline from peak | -40.64% | — | — |
Average DrawdownAverage peak-to-trough decline | -44.79% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.26% | — | — |
Volatility
BGL.AX vs. MLERO.PA - Volatility Comparison
Loading charts...
Volatility by Period
| BGL.AX | MLERO.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.56% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 47.11% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 59.04% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.62% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.49% | — | — |
Dividends
BGL.AX vs. MLERO.PA - Dividend Comparison
Neither BGL.AX nor MLERO.PA has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BGL.AX Bellevue Gold Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MLERO.PA Euroland Corporate Société anonyme | 0.00% | 5.54% | 4.68% | 6.84% | 7.02% | 4.40% | 3.33% | 7.79% | 11.88% |
Financials
BGL.AX vs. MLERO.PA - Financials Comparison
This section allows you to compare key financial metrics between Bellevue Gold Limited and Euroland Corporate Société anonyme. 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
Frequently Asked Questions
BGL.AX and MLERO.PA have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BGL.AX and MLERO.PA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer