BHP vs. MDT
BHP (BHP Group) and MDT (Medtronic plc) are both stocks. BHP operates in Other Industrial Metals & Mining (Basic Materials), while MDT operates in Medical Devices (Healthcare). Over the past 10 years, BHP returned 21.94%/yr vs 2.04%/yr for MDT. At a 0.22 correlation, their price movements are largely independent.
Performance
BHP vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, BHP achieves a 41.38% return, which is significantly higher than MDT's -15.31% return. Over the past 10 years, BHP has outperformed MDT with an annualized return of 21.94%, while MDT has yielded a comparatively lower 2.04% 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%
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
BHP vs. MDT - 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% |
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between BHP and MDT is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 1987 | 0.22 |
The correlation between BHP and MDT shifts across timeframes, from 0.12 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BHP:
$212.97B
MDT:
$103.94B
BHP:
$8.51
MDT:
$3.58
BHP:
9.84
MDT:
22.52
BHP:
2.72
MDT:
2.03
BHP:
1.98
MDT:
2.93
BHP:
$107.64B
MDT:
$35.48B
BHP:
$89.04B
MDT:
$5.78B
BHP:
$52.23B
MDT:
$7.11B
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Return for Risk
BHP vs. MDT — Risk / Return Rank
BHP
MDT
BHP vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BHP Group (BHP) and Medtronic plc (MDT). 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 | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.64 | ||
| Sortino ratioReturn per unit of downside risk | +3.17 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.98 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.86 | -0.17 | +4.02 |
| Martin ratioReturn relative to average drawdown | 14.16 | -0.43 | +14.59 |
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
| BHP | MDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | -0.23 | +2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | -0.24 | +0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.09 | +0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.47 | -0.15 |
Drawdowns
BHP vs. MDT - Drawdown Comparison
The maximum BHP drawdown since its inception was -76.22%, which is greater than MDT's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for BHP and MDT.
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Drawdown Indicators
| BHP | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.22% | -57.63% | -18.59% |
Max Drawdown (1Y)Largest decline over 1 year | -19.80% | -28.90% | +9.10% |
Max Drawdown (3Y)Largest decline over 3 years | -37.21% | -28.90% | -8.31% |
Max Drawdown (5Y)Largest decline over 5 years | -37.21% | -45.10% | +7.89% |
Max Drawdown (10Y)Largest decline over 10 years | -44.29% | -45.10% | +0.81% |
Current DrawdownCurrent decline from peak | -10.14% | -30.81% | +20.67% |
Average DrawdownAverage peak-to-trough decline | -21.29% | -16.54% | -4.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.38% | 11.17% | -5.79% |
Volatility
BHP vs. MDT - Volatility Comparison
BHP Group (BHP) has a higher volatility of 12.75% compared to Medtronic plc (MDT) at 10.04%. This indicates that BHP's price experiences larger fluctuations and is considered to be riskier than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BHP | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.75% | 10.04% | +2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 25.95% | 16.19% | +9.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.73% | 20.95% | +10.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.31% | 21.93% | +10.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.31% | 23.24% | +9.07% |
Dividends
BHP vs. MDT - Dividend Comparison
BHP's dividend yield for the trailing twelve months is around 3.18%, less than MDT's 3.52% 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% |
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Financials
BHP vs. MDT - Financials Comparison
This section allows you to compare key financial metrics between BHP Group and Medtronic plc. 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
BHP and MDT have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHP has higher volatility (12.75%) compared to MDT (10.04%). In terms of maximum drawdown, BHP dropped -76.22% vs MDT's -57.63%.
BHP currently has the higher Sharpe Ratio (2.41 vs -0.23), 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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