BHP vs. NEO.TO
BHP (BHP Group) and NEO.TO (Neo Performance Materials Inc.) are both stocks. Both are in the Basic Materials sector — BHP in Other Industrial Metals & Mining, NEO.TO in Specialty Chemicals. Over the past 5 years, BHP returned 14.81%/yr vs 12.85%/yr for NEO.TO. At a 0.28 correlation, their price movements are largely independent.
Performance
BHP vs. NEO.TO - Performance Comparison
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Different Trading Currencies
BHP is traded in USD, while NEO.TO is traded in CAD. To make them comparable, the NEO.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 lower than NEO.TO's 102.57% 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%
NEO.TO
- 1D
- 3.15%
- 1M
- 7.67%
- YTD
- 102.57%
- 6M
- 92.24%
- 1Y
- 189.76%
- 3Y*
- 61.67%
- 5Y*
- 12.85%
- 10Y*
- —
BHP vs. NEO.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% | 12.06% |
NEO.TO Neo Performance Materials Inc. | 102.57% | 110.98% | 1.80% | -14.63% | -54.01% | 50.44% | 19.13% | -13.58% | -18.83% | 4.85% |
Correlation
The correlation between BHP and NEO.TO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2017 | 0.28 |
Fundamentals
BHP:
$212.97B
NEO.TO:
CA$1.33B
BHP:
$8.51
NEO.TO:
-CA$0.24
BHP:
1.98
NEO.TO:
2.66
BHP:
4.23
NEO.TO:
3.48
BHP:
$107.64B
NEO.TO:
CA$511.45M
BHP:
$89.04B
NEO.TO:
CA$147.42M
BHP:
$52.23B
NEO.TO:
CA$61.97M
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Return for Risk
BHP vs. NEO.TO — Risk / Return Rank
BHP
NEO.TO
BHP vs. NEO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BHP Group (BHP) and Neo Performance Materials Inc. (NEO.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 | NEO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.41 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.86 | 6.01 | -2.15 |
| Martin ratioReturn relative to average drawdown | 14.16 | 12.18 | +1.97 |
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
| BHP | NEO.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.41 | 3.00 | -0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.24 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.19 | +0.14 |
Drawdowns
BHP vs. NEO.TO - Drawdown Comparison
The maximum BHP drawdown since its inception was -76.22%, roughly equal to the maximum NEO.TO drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for BHP and NEO.TO.
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Drawdown Indicators
| BHP | NEO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.22% | -74.57% | -1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -19.80% | -31.80% | +12.00% |
Max Drawdown (3Y)Largest decline over 3 years | -37.21% | -38.53% | +1.32% |
Max Drawdown (5Y)Largest decline over 5 years | -37.21% | -74.57% | +37.36% |
Max Drawdown (10Y)Largest decline over 10 years | -44.29% | — | — |
Current DrawdownCurrent decline from peak | -10.14% | -11.20% | +1.06% |
Average DrawdownAverage peak-to-trough decline | -21.29% | -37.11% | +15.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.38% | 15.64% | -10.26% |
Volatility
BHP vs. NEO.TO - Volatility Comparison
The current volatility for BHP Group (BHP) is 12.75%, while Neo Performance Materials Inc. (NEO.TO) has a volatility of 24.31%. This indicates that BHP experiences smaller price fluctuations and is considered to be less risky than NEO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BHP | NEO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.75% | 24.31% | -11.56% |
Volatility (6M)Calculated over the trailing 6-month period | 25.95% | 44.14% | -18.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.73% | 63.84% | -32.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.31% | 54.06% | -21.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.31% | 53.11% | -20.80% |
Dividends
BHP vs. NEO.TO - Dividend Comparison
BHP's dividend yield for the trailing twelve months is around 3.18%, more than NEO.TO's 1.25% 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% |
NEO.TO Neo Performance Materials Inc. | 1.25% | 2.57% | 5.01% | 5.24% | 4.17% | 1.97% | 2.90% | 3.20% | 2.47% | 0.00% | 0.00% | 0.00% |
Financials
BHP vs. NEO.TO - Financials Comparison
This section allows you to compare key financial metrics between BHP Group and Neo Performance Materials Inc.. 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. NEO.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%.
NEO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a gross profit of 47.82M and revenue of 152.42M. Therefore, the gross margin over that period was 31.4%.
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%.
NEO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported an operating income of 26.12M and revenue of 152.42M, resulting in an operating margin of 17.1%.
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%.
NEO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Neo Performance Materials Inc. reported a net income of -1.62M and revenue of 152.42M, resulting in a net margin of -1.1%.
Frequently Asked Questions
BHP and NEO.TO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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