BHE vs. COP
BHE (Benchmark Electronics, Inc.) and COP (ConocoPhillips Company) are both stocks. BHE operates in Electronic Components (Technology), while COP operates in Oil & Gas E&P (Energy). Over the past 10 years, BHE returned 17.54%/yr vs 13.90%/yr for COP. At a 0.23 correlation, their price movements are largely independent.
Performance
BHE vs. COP - Performance Comparison
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Returns By Period
In the year-to-date period, BHE achieves a 107.02% return, which is significantly higher than COP's 29.12% return. Over the past 10 years, BHE has outperformed COP with an annualized return of 17.54%, while COP has yielded a comparatively lower 13.90% annualized return.
BHE
- 1D
- 0.11%
- 1M
- 6.35%
- YTD
- 107.02%
- 6M
- 91.03%
- 1Y
- 138.70%
- 3Y*
- 56.37%
- 5Y*
- 25.94%
- 10Y*
- 17.54%
COP
- 1D
- 1.87%
- 1M
- -3.98%
- YTD
- 29.12%
- 6M
- 31.65%
- 1Y
- 39.91%
- 3Y*
- 8.69%
- 5Y*
- 18.95%
- 10Y*
- 13.90%
BHE vs. COP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHE Benchmark Electronics, Inc. | 107.02% | -4.19% | 67.14% | 6.33% | 1.13% | 2.69% | -18.97% | 65.72% | -25.48% | -4.59% |
COP ConocoPhillips Company | 29.12% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
Correlation
The correlation between BHE and COP is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 1990 | 0.23 |
The correlation between BHE and COP shifts across timeframes, from 0.05 (1 year) to 0.29 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BHE:
$3.20B
COP:
$145.83B
BHE:
$0.94
COP:
$5.90
BHE:
93.39
COP:
20.18
BHE:
15.37
COP:
1.17
BHE:
1.18
COP:
2.53
BHE:
1.53
COP:
2.26
BHE:
$2.70B
COP:
$58.31B
BHE:
$275.51M
COP:
$17.02B
BHE:
$125.74M
COP:
$22.44B
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Return for Risk
BHE vs. COP — Risk / Return Rank
BHE
COP
BHE vs. COP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Benchmark Electronics, Inc. (BHE) and ConocoPhillips Company (COP). 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.
| BHE | COP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.35 | ||
| Sortino ratioReturn per unit of downside risk | +2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.22 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 10.86 | 2.69 | +8.16 |
| Martin ratioReturn relative to average drawdown | 28.10 | 6.13 | +21.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BHE | COP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.72 | 1.37 | +2.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.58 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.37 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.23 | +0.04 |
Drawdowns
BHE vs. COP - Drawdown Comparison
The maximum BHE drawdown since its inception was -75.48%, smaller than the maximum COP drawdown of -84.55%. Use the drawdown chart below to compare losses from any high point for BHE and COP.
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Drawdown Indicators
| BHE | COP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.48% | -84.55% | +9.07% |
Max Drawdown (1Y)Largest decline over 1 year | -12.85% | -14.90% | +2.05% |
Max Drawdown (3Y)Largest decline over 3 years | -36.73% | -36.19% | -0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -36.73% | -36.19% | -0.54% |
Max Drawdown (10Y)Largest decline over 10 years | -60.34% | -70.66% | +10.32% |
Current DrawdownCurrent decline from peak | -0.87% | -10.36% | +9.49% |
Average DrawdownAverage peak-to-trough decline | -25.21% | -25.49% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 6.53% | -1.57% |
Volatility
BHE vs. COP - Volatility Comparison
Benchmark Electronics, Inc. (BHE) has a higher volatility of 11.73% compared to ConocoPhillips Company (COP) at 8.92%. This indicates that BHE's price experiences larger fluctuations and is considered to be riskier than COP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BHE | COP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.73% | 8.92% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 28.82% | 22.81% | +6.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.62% | 29.27% | +8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.23% | 32.72% | +2.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.57% | 37.67% | -1.10% |
Dividends
BHE vs. COP - Dividend Comparison
BHE's dividend yield for the trailing twelve months is around 0.77%, less than COP's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHE Benchmark Electronics, Inc. | 0.77% | 1.59% | 1.48% | 2.39% | 2.47% | 2.42% | 2.37% | 1.75% | 2.83% | 0.00% | 0.00% | 0.00% |
COP ConocoPhillips Company | 2.77% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
Financials
BHE vs. COP - Financials Comparison
This section allows you to compare key financial metrics between Benchmark Electronics, Inc. and ConocoPhillips Company. 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
BHE vs. COP - Profitability Comparison
BHE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Benchmark Electronics, Inc. reported a gross profit of 69.23M and revenue of 677.28M. Therefore, the gross margin over that period was 10.2%.
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
BHE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Benchmark Electronics, Inc. reported an operating income of 21.87M and revenue of 677.28M, resulting in an operating margin of 3.2%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
BHE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Benchmark Electronics, Inc. reported a net income of 13.02M and revenue of 677.28M, resulting in a net margin of 1.9%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
Frequently Asked Questions
BHE and COP have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHE has higher volatility (11.73%) compared to COP (8.92%). In terms of maximum drawdown, BHE dropped -75.48% vs COP's -84.55%.
BHE currently has the higher Sharpe Ratio (3.72 vs 1.37), 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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