BHP.L vs. ^GSPC
Compare and contrast key facts about BHP Group Limited (BHP.L) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BHP.L or ^GSPC.
Correlation
The correlation between BHP.L and ^GSPC is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BHP.L vs. ^GSPC - Performance Comparison
Key characteristics
BHP.L:
-0.59
^GSPC:
0.89
BHP.L:
-0.72
^GSPC:
1.26
BHP.L:
0.92
^GSPC:
1.17
BHP.L:
-0.49
^GSPC:
1.40
BHP.L:
-1.06
^GSPC:
5.27
BHP.L:
12.57%
^GSPC:
2.25%
BHP.L:
22.59%
^GSPC:
13.22%
BHP.L:
-73.16%
^GSPC:
-56.78%
BHP.L:
-25.18%
^GSPC:
-6.60%
Returns By Period
In the year-to-date period, BHP.L achieves a 0.96% return, which is significantly higher than ^GSPC's -2.43% return. Over the past 10 years, BHP.L has underperformed ^GSPC with an annualized return of 9.20%, while ^GSPC has yielded a comparatively higher 10.71% annualized return.
BHP.L
0.96%
-1.41%
-1.01%
-12.20%
15.31%
9.20%
^GSPC
-2.43%
-4.96%
4.27%
12.42%
14.11%
10.71%
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Risk-Adjusted Performance
BHP.L vs. ^GSPC — Risk-Adjusted Performance Rank
BHP.L
^GSPC
BHP.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BHP Group Limited (BHP.L) and S&P 500 (^GSPC). 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.
Drawdowns
BHP.L vs. ^GSPC - Drawdown Comparison
The maximum BHP.L drawdown since its inception was -73.16%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BHP.L and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BHP.L vs. ^GSPC - Volatility Comparison
BHP Group Limited (BHP.L) has a higher volatility of 6.64% compared to S&P 500 (^GSPC) at 5.08%. This indicates that BHP.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.