BHP.L vs. REGB.L

Last updated Jun 5, 2026

BHP.L (BHP Group Limited) is a stock, while REGB.L (VanEck Rare Earth and Strategic Metals UCITS ETF A) is Precious Metals fund tracking the EMIX Global Mining Global Gold TR USD. Over the past 3 years, BHP.L returned 17.57%/yr vs 3.20%/yr for REGB.L. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

BHP.L vs. REGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in BHP Group Limited (BHP.L) and VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BHP.L is traded in GBp, while REGB.L is traded in GBP. To make them comparable, the REGB.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, BHP.L achieves a 48.65% return, which is significantly higher than REGB.L's 31.29% return.

BHP.L

• 1D: -2.63%
• 1M: 13.07%
• YTD: 48.65%
• 6M: 53.68%
• 1Y: 88.98%
• 3Y*: 17.57%
• 5Y*: 16.71%
• 10Y*: 21.90%

REGB.L

• 1D: -1.86%
• 1M: -6.24%
• YTD: 31.29%
• 6M: 38.96%
• 1Y: 162.45%
• 3Y*: 3.20%
• 5Y*: —
• 10Y*: —

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

BHP.L vs. REGB.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BHP.L BHP Group Limited	48.65%	20.67%	-23.42%	10.69%	31.40%	18.14%
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A	31.29%	75.67%	-34.55%	-22.78%	-22.89%	14.56%

Correlation

The correlation between BHP.L and REGB.L is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021	0.53

The correlation between BHP.L and REGB.L has been stable across timeframes, ranging from 0.53 to 0.57 - a consistent structural relationship.

Return for Risk

BHP.L vs. REGB.L — Risk / Return Rank

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

BHP.L

BHP.L Risk / Return Rank: 94
BHP.L Sharpe Ratio Rank: 95
BHP.L Sortino Ratio Rank: 95
BHP.L Omega Ratio Rank: 92
BHP.L Calmar Ratio Rank: 91
BHP.L Martin Ratio Rank: 94

REGB.L

REGB.L Risk / Return Rank: 89
REGB.L Sharpe Ratio Rank: 94
REGB.L Sortino Ratio Rank: 85
REGB.L Omega Ratio Rank: 79
REGB.L Calmar Ratio Rank: 95
REGB.L Martin Ratio Rank: 90

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.

BHP.L vs. REGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BHP Group Limited (BHP.L) and VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L). 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.

	BHP.L	REGB.L	Difference
Sharpe ratio: Return per unit of total volatility	3.25	3.58	-0.34
Sortino ratio: Return per unit of downside risk	4.18	3.79	+0.39
Omega ratio: Gain probability vs. loss probability	1.48	1.46	+0.02
Calmar ratio: Return relative to maximum drawdown	4.92	7.71	-2.79
Martin ratio: Return relative to average drawdown	18.50	20.77	-2.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BHP.L vs. REGB.L - Sharpe Ratio Comparison

The current BHP.L Sharpe Ratio is 3.25, which is comparable to the REGB.L Sharpe Ratio of 3.58. The chart below compares the historical Sharpe Ratios of BHP.L and REGB.L, 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

	BHP.L	REGB.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	3.58	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.01	+0.37

Drawdowns

BHP.L vs. REGB.L - Drawdown Comparison

The maximum BHP.L drawdown since its inception was -73.16%, roughly equal to the maximum REGB.L drawdown of -72.41%. Use the drawdown chart below to compare losses from any high point for BHP.L and REGB.L.

Drawdown Indicators

	BHP.L	REGB.L	Difference
Max Drawdown Largest peak-to-trough decline	-73.16%	-72.41%	-0.75%
Max Drawdown (1Y) Largest decline over 1 year	-17.99%	-20.93%	+2.94%
Max Drawdown (3Y) Largest decline over 3 years	-35.82%	-60.97%	+25.15%
Max Drawdown (5Y) Largest decline over 5 years	-35.82%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.85%	—	—
Current Drawdown Current decline from peak	-4.91%	-23.30%	+18.39%
Average Drawdown Average peak-to-trough decline	-19.43%	-40.12%	+20.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	7.79%	-3.00%

Volatility

BHP.L vs. REGB.L - Volatility Comparison

The current volatility for BHP Group Limited (BHP.L) is 11.96%, while VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) has a volatility of 13.31%. This indicates that BHP.L experiences smaller price fluctuations and is considered to be less risky than REGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BHP.L	REGB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.96%	13.31%	-1.35%
Volatility (6M) Calculated over the trailing 6-month period	21.87%	31.52%	-9.65%
Volatility (1Y) Calculated over the trailing 1-year period	27.25%	45.11%	-17.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.00%	44.61%	-16.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.55%	44.61%	-14.06%

Dividends

BHP.L vs. REGB.L - Dividend Comparison

BHP.L's dividend yield for the trailing twelve months is around 3.02%, while REGB.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BHP.L BHP Group Limited	3.02%	3.70%	5.78%	5.15%	10.27%	9.88%	4.77%	10.20%	5.36%	4.30%	1.66%	10.83%
REGB.L VanEck Rare Earth and Strategic Metals UCITS ETF A	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BHP.L and REGB.L in my portfolio?

BHP.L and REGB.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.