BHP vs. SCCO
BHP (BHP Group Limited) and SCCO (Southern Copper Corporation) are both stocks. Both are in the Basic Materials sector — BHP in Other Industrial Metals & Mining, SCCO in Copper. Over the past 10 years, BHP returned 22.44%/yr vs 27.13%/yr for SCCO. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
BHP vs. SCCO - Performance Comparison
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Returns By Period
In the year-to-date period, BHP achieves a 52.62% return, which is significantly higher than SCCO's 37.39% return. Over the past 10 years, BHP has underperformed SCCO with an annualized return of 22.44%, while SCCO has yielded a comparatively higher 27.13% annualized return.
BHP
- 1D
- -2.32%
- 1M
- 7.55%
- YTD
- 52.62%
- 6M
- 56.04%
- 1Y
- 97.10%
- 3Y*
- 18.13%
- 5Y*
- 18.52%
- 10Y*
- 22.44%
SCCO
- 1D
- -1.47%
- 1M
- 11.51%
- YTD
- 37.39%
- 6M
- 39.35%
- 1Y
- 113.64%
- 3Y*
- 43.77%
- 5Y*
- 33.19%
- 10Y*
- 27.13%
BHP vs. SCCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BHP BHP Group Limited | 52.62% | 28.91% | -24.64% | 16.50% | 44.34% | 0.91% | 25.37% | 24.50% | 10.55% | 33.87% |
SCCO Southern Copper Corporation | 37.39% | 66.62% | 9.45% | 50.12% | 4.25% | -0.62% | 58.79% | 46.59% | -33.11% | 50.79% |
Correlation
The correlation between BHP and SCCO is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1996 | 0.57 |
The correlation between BHP and SCCO shifts across timeframes, from 0.57 (all time) to 0.72 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BHP:
$229.92B
SCCO:
$157.50B
BHP:
$8.51
SCCO:
$6.04
BHP:
10.62
SCCO:
31.75
BHP:
2.94
SCCO:
4.38
BHP:
2.13
SCCO:
10.84
BHP:
4.56
SCCO:
13.36
BHP:
$107.64B
SCCO:
$14.55B
BHP:
$89.04B
SCCO:
$6.04B
BHP:
$52.23B
SCCO:
$8.80B
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Return for Risk
BHP vs. SCCO — Risk / Return Rank
BHP
SCCO
BHP vs. SCCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BHP Group Limited (BHP) and Southern Copper Corporation (SCCO). 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 | SCCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.34 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.93 | 3.78 | +1.15 |
| Martin ratioReturn relative to average drawdown | 18.38 | 10.71 | +7.67 |
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Drawdowns
BHP vs. SCCO - Drawdown Comparison
The maximum BHP drawdown since its inception was -76.22%, roughly equal to the maximum SCCO drawdown of -78.60%. Use the drawdown chart below to compare losses from any high point for BHP and SCCO.
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Drawdown Indicators
| BHP | SCCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.22% | -78.60% | +2.38% |
Max Drawdown (1Y)Largest decline over 1 year | -19.80% | -30.22% | +10.42% |
Max Drawdown (3Y)Largest decline over 3 years | -37.21% | -39.69% | +2.48% |
Max Drawdown (5Y)Largest decline over 5 years | -37.21% | -43.07% | +5.86% |
Max Drawdown (10Y)Largest decline over 10 years | -44.29% | -54.83% | +10.54% |
Current DrawdownCurrent decline from peak | -3.00% | -11.08% | +8.08% |
Average DrawdownAverage peak-to-trough decline | -21.28% | -22.04% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.30% | 10.65% | -5.35% |
Volatility
BHP vs. SCCO - Volatility Comparison
The current volatility for BHP Group Limited (BHP) is 12.66%, while Southern Copper Corporation (SCCO) has a volatility of 18.80%. This indicates that BHP experiences smaller price fluctuations and is considered to be less risky than SCCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BHP | SCCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.66% | 18.80% | -6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 26.71% | 41.47% | -14.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.34% | 49.67% | -17.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.40% | 39.87% | -7.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.33% | 37.54% | -5.21% |
Dividends
BHP vs. SCCO - Dividend Comparison
BHP's dividend yield for the trailing twelve months is around 2.94%, more than SCCO's 1.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHP BHP Group Limited | 2.94% | 3.64% | 5.98% | 4.98% | 22.44% | 9.98% | 3.67% | 8.59% | 4.89% | 3.61% | 1.68% | 9.38% |
SCCO Southern Copper Corporation | 1.91% | 2.13% | 2.29% | 4.65% | 5.80% | 5.19% | 2.30% | 4.81% | 4.55% | 1.24% | 0.56% | 1.30% |
Financials
BHP vs. SCCO - Financials Comparison
This section allows you to compare key financial metrics between BHP Group Limited and Southern Copper 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. SCCO - 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%.
SCCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported a gross profit of 0.00 and revenue of 4.25B. Therefore, the gross margin over that period was 0.0%.
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%.
SCCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported an operating income of 2.48B and revenue of 4.25B, resulting in an operating margin of 58.3%.
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%.
SCCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Southern Copper Corporation reported a net income of 1.58B and revenue of 4.25B, resulting in a net margin of 37.1%.
Frequently Asked Questions
BHP and SCCO have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCCO has higher volatility (18.80%) compared to BHP (12.66%). In terms of maximum drawdown, BHP dropped -76.22% vs SCCO's -78.60%.
BHP currently has the higher Sharpe Ratio (3.03 vs 2.30), 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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