BHP vs. CCO.TO
BHP (BHP Group) and CCO.TO (Cameco Corporation) are both stocks. BHP operates in Other Industrial Metals & Mining (Basic Materials), while CCO.TO operates in Uranium (Energy). Over the past 10 years, BHP returned 21.94%/yr vs 25.60%/yr for CCO.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
BHP vs. CCO.TO - Performance Comparison
Loading charts...
Different Trading Currencies
BHP is traded in USD, while CCO.TO is traded in CAD. To make them comparable, the CCO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BHP achieves a 41.38% return, which is significantly higher than CCO.TO's 14.80% return. Over the past 10 years, BHP has underperformed CCO.TO with an annualized return of 21.94%, while CCO.TO has yielded a comparatively higher 25.60% annualized return.
BHP
- 1D
- 1.18%
- 1M
- -1.20%
- YTD
- 41.38%
- 6M
- 46.29%
- 1Y
- 75.94%
- 3Y*
- 17.37%
- 5Y*
- 14.81%
- 10Y*
- 21.94%
CCO.TO
- 1D
- 1.68%
- 1M
- -10.04%
- YTD
- 14.80%
- 6M
- 15.67%
- 1Y
- 74.36%
- 3Y*
- 51.09%
- 5Y*
- 37.94%
- 10Y*
- 25.60%
BHP vs. CCO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHP BHP Group | 41.38% | 28.91% | -24.64% | 16.50% | 44.34% | 0.91% | 25.37% | 24.50% | 10.55% | 33.87% |
CCO.TO Cameco Corporation | 14.80% | 78.52% | 19.50% | 91.06% | 5.05% | 62.26% | 52.26% | -21.75% | 23.60% | -8.47% |
Correlation
The correlation between BHP and CCO.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.43 |
The correlation between BHP and CCO.TO shifts across timeframes, from 0.32 (3 years) to 0.43 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BHP:
$212.97B
CCO.TO:
CA$64.00B
BHP:
$8.51
CCO.TO:
CA$1.49
BHP:
9.84
CCO.TO:
98.35
BHP:
2.72
CCO.TO:
0.82
BHP:
1.98
CCO.TO:
18.08
BHP:
4.23
CCO.TO:
9.06
BHP:
$107.64B
CCO.TO:
CA$3.54B
BHP:
$89.04B
CCO.TO:
CA$1.13B
BHP:
$52.23B
CCO.TO:
CA$818.74M
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
BHP vs. CCO.TO — Risk / Return Rank
BHP
CCO.TO
BHP vs. CCO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BHP Group (BHP) and Cameco Corporation (CCO.TO). 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 | CCO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.25 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.86 | 2.92 | +0.93 |
| Martin ratioReturn relative to average drawdown | 14.16 | 6.55 | +7.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BHP | CCO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 1.36 | +1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.79 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.57 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.14 | +0.19 |
Drawdowns
BHP vs. CCO.TO - Drawdown Comparison
The maximum BHP drawdown since its inception was -76.22%, smaller than the maximum CCO.TO drawdown of -87.72%. Use the drawdown chart below to compare losses from any high point for BHP and CCO.TO.
Loading charts...
Drawdown Indicators
| BHP | CCO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.22% | -87.72% | +11.50% |
Max Drawdown (1Y)Largest decline over 1 year | -19.80% | -25.58% | +5.78% |
Max Drawdown (3Y)Largest decline over 3 years | -37.21% | -40.43% | +3.22% |
Max Drawdown (5Y)Largest decline over 5 years | -37.21% | -40.43% | +3.22% |
Max Drawdown (10Y)Largest decline over 10 years | -44.29% | -56.56% | +12.27% |
Current DrawdownCurrent decline from peak | -10.14% | -21.18% | +11.04% |
Average DrawdownAverage peak-to-trough decline | -21.29% | -51.20% | +29.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.38% | 11.38% | -6.00% |
Volatility
BHP vs. CCO.TO - Volatility Comparison
The current volatility for BHP Group (BHP) is 12.75%, while Cameco Corporation (CCO.TO) has a volatility of 15.53%. This indicates that BHP experiences smaller price fluctuations and is considered to be less risky than CCO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BHP | CCO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.75% | 15.53% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 25.95% | 38.04% | -12.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.73% | 55.01% | -23.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.31% | 48.41% | -16.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.31% | 45.60% | -13.29% |
Dividends
BHP vs. CCO.TO - Dividend Comparison
BHP's dividend yield for the trailing twelve months is around 3.18%, more than CCO.TO's 0.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHP BHP Group | 3.18% | 3.64% | 5.98% | 4.98% | 22.44% | 9.98% | 3.67% | 8.59% | 4.89% | 3.61% | 1.68% | 9.38% |
CCO.TO Cameco Corporation | 0.16% | 0.19% | 0.22% | 0.21% | 0.39% | 0.29% | 0.47% | 0.69% | 0.52% | 3.45% | 2.85% | 2.34% |
Financials
BHP vs. CCO.TO - Financials Comparison
This section allows you to compare key financial metrics between BHP Group and Cameco Corporation. 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
BHP vs. CCO.TO - Profitability Comparison
BHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BHP Group reported a gross profit of 11.98B and revenue of 27.95B. Therefore, the gross margin over that period was 42.9%.
CCO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a gross profit of 290.25M and revenue of 845.37M. Therefore, the gross margin over that period was 34.3%.
BHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BHP Group reported an operating income of 11.98B and revenue of 27.95B, resulting in an operating margin of 42.9%.
CCO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported an operating income of 153.89M and revenue of 845.37M, resulting in an operating margin of 18.2%.
BHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BHP Group reported a net income of 5.65B and revenue of 27.95B, resulting in a net margin of 20.2%.
CCO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cameco Corporation reported a net income of 130.75M and revenue of 845.37M, resulting in a net margin of 15.5%.
Frequently Asked Questions
BHP and CCO.TO have a correlation of 0.42, 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 BHP and CCO.TO
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