BHP vs. SKX

Last updated Jun 13, 2026

BHP (BHP Group Limited) and SKX (Skechers U.S.A., Inc.) are both stocks. BHP operates in Other Industrial Metals & Mining (Basic Materials), while SKX operates in Footwear & Accessories (Consumer Cyclical). At a 0.28 correlation, their price movements are largely independent.

Performance

BHP vs. SKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BHP Group Limited (BHP) and Skechers U.S.A., Inc. (SKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BHP

• 1D: 3.20%
• 1M: 7.61%
• YTD: 53.40%
• 6M: 55.28%
• 1Y: 94.96%
• 3Y*: 19.44%
• 5Y*: 16.25%
• 10Y*: 23.18%

SKX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BHP vs. SKX - 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%
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	-16.79%	88.69%	-39.51%	53.95%

Correlation

The correlation between BHP and SKX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jun 9, 1999	0.28

Over the past year, the correlation between BHP and SKX has dropped to 0.03 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.

Fundamentals

Market Cap BHP : $231.09B SKX : $9.55B
EPS BHP : $8.51 SKX : $4.40
PE Ratio BHP : 10.67 SKX : 14.35
PEG Ratio BHP : 2.95 SKX : 0.09
PS Ratio BHP : 2.15 SKX : 1.01
PB Ratio BHP : 4.58 SKX : 2.00
Total Revenue (TTM) BHP : $107.64B SKX : $9.41B
Gross Profit (TTM) BHP : $89.04B SKX : $4.96B
EBITDA (TTM) BHP : $52.23B SKX : $1.07B

Return for Risk

BHP vs. SKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BHP

BHP Risk / Return Rank: 93
BHP Sharpe Ratio Rank: 95
BHP Sortino Ratio Rank: 92
BHP Omega Ratio Rank: 91
BHP Calmar Ratio Rank: 91
BHP Martin Ratio Rank: 95

SKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BHP vs. SKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BHP Group Limited (BHP) and Skechers U.S.A., Inc. (SKX). 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	SKX	Difference
Sharpe ratio: Return per unit of total volatility	2.80	—	—
Sortino ratio: Return per unit of downside risk	3.34	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	4.57	—	—
Martin ratio: Return relative to average drawdown	16.96	—	—

Drawdowns

Drawdown Indicators

	BHP	SKX	Difference
Max Drawdown Largest peak-to-trough decline	-76.22%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-19.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.21%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.29%	—	—
Current Drawdown Current decline from peak	-2.50%	—	—
Average Drawdown Average peak-to-trough decline	-21.28%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.38%	—	—

Volatility

Volatility by Period

	BHP	SKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.39%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.44%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.34%	—	—

Dividends

BHP vs. SKX - Dividend Comparison

BHP's dividend yield for the trailing twelve months is around 2.93%, while SKX has not paid dividends to shareholders.

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%
SKX Skechers U.S.A., Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

BHP vs. SKX - Profitability Comparison

The chart below illustrates the profitability comparison between BHP Group Limited and Skechers U.S.A., Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

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%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

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%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both BHP and SKX in my portfolio?

BHP and SKX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.