BHP vs. NVDA
BHP (BHP Group Limited) and NVDA (NVIDIA Corporation) are both stocks. BHP operates in Other Industrial Metals & Mining (Basic Materials), while NVDA operates in Semiconductors (Technology). Over the past 10 years, BHP returned 23.18%/yr vs 67.95%/yr for NVDA. At a 0.32 correlation, their price movements are largely independent.
Performance
BHP vs. NVDA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BHP achieves a 53.40% return, which is significantly higher than NVDA's 10.16% return. Over the past 10 years, BHP has underperformed NVDA with an annualized return of 23.18%, while NVDA has yielded a comparatively higher 67.95% annualized return.
BHP
- 1D
- 3.20%
- 1M
- 0.01%
- YTD
- 53.40%
- 6M
- 55.28%
- 1Y
- 90.03%
- 3Y*
- 19.44%
- 5Y*
- 16.25%
- 10Y*
- 23.18%
NVDA
- 1D
- 0.16%
- 1M
- -9.03%
- YTD
- 10.16%
- 6M
- 17.38%
- 1Y
- 41.70%
- 3Y*
- 71.13%
- 5Y*
- 63.13%
- 10Y*
- 67.95%
BHP vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHP BHP Group Limited | 53.40% | 28.91% | -24.64% | 16.50% | 44.34% | 0.91% | 25.37% | 24.50% | 10.55% | 33.87% |
NVDA NVIDIA Corporation | 10.16% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between BHP and NVDA is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 1999 | 0.32 |
Fundamentals
BHP:
$231.09B
NVDA:
$5.00T
BHP:
$8.51
NVDA:
$6.53
BHP:
10.67
NVDA:
31.44
BHP:
2.95
NVDA:
0.17
BHP:
2.15
NVDA:
19.80
BHP:
4.58
NVDA:
25.60
BHP:
$107.64B
NVDA:
$253.49B
BHP:
$89.04B
NVDA:
$187.95B
BHP:
$52.23B
NVDA:
$192.76B
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. NVDA — Risk / Return Rank
BHP
NVDA
BHP vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BHP Group Limited (BHP) and NVIDIA Corporation (NVDA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BHP | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.21 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.57 | 2.07 | +2.50 |
| Martin ratioReturn relative to average drawdown | 16.96 | 4.94 | +12.02 |
Loading charts...
Drawdowns
BHP vs. NVDA - Drawdown Comparison
The maximum BHP drawdown since its inception was -76.22%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for BHP and NVDA.
Loading charts...
Drawdown Indicators
| BHP | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.22% | -89.72% | +13.50% |
Max Drawdown (1Y)Largest decline over 1 year | -19.80% | -20.21% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -37.21% | -36.88% | -0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -37.21% | -66.34% | +29.13% |
Max Drawdown (10Y)Largest decline over 10 years | -44.29% | -66.34% | +22.05% |
Current DrawdownCurrent decline from peak | -2.50% | -12.86% | +10.36% |
Average DrawdownAverage peak-to-trough decline | -21.28% | -36.18% | +14.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.38% | 8.46% | -3.08% |
Volatility
BHP vs. NVDA - Volatility Comparison
BHP Group Limited (BHP) and NVIDIA Corporation (NVDA) have volatilities of 13.72% and 13.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BHP | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.72% | 13.26% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 26.69% | 26.67% | +0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.39% | 35.00% | -2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.44% | 51.76% | -19.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.34% | 49.84% | -17.50% |
Dividends
BHP vs. NVDA - Dividend Comparison
BHP's dividend yield for the trailing twelve months is around 2.93%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHP BHP Group Limited | 2.93% | 3.64% | 5.98% | 4.98% | 22.44% | 9.98% | 3.67% | 8.59% | 4.89% | 3.61% | 1.68% | 9.38% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
BHP vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between BHP Group Limited and NVIDIA 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. NVDA - 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 Limited reported a gross profit of 11.98B and revenue of 27.95B. Therefore, the gross margin over that period was 42.9%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
BHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BHP Group Limited reported an operating income of 11.98B and revenue of 27.95B, resulting in an operating margin of 42.9%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
BHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BHP Group Limited reported a net income of 5.65B and revenue of 27.95B, resulting in a net margin of 20.2%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
BHP and NVDA have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHP has higher volatility (13.72%) compared to NVDA (13.26%). In terms of maximum drawdown, BHP dropped -76.22% vs NVDA's -89.72%.
BHP currently has the higher Sharpe Ratio (2.80 vs 1.20), 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.
Find the right allocation for BHP and NVDA
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