BME.L vs. GBP=X
BME.L (B&M European Value Retail SA) is a stock, while GBP=X (USD/GBP) is a currency. Over the past 10 years, BME.L returned 3.69%/yr vs -0.21%/yr for GBP=X. At a correlation of -0.05, they often move in opposite directions.
Performance
BME.L vs. GBP=X - Performance Comparison
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Different Trading Currencies
BME.L is traded in GBp, while GBP=X is traded in GBP. To make them comparable, the GBP=X values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, BME.L achieves a 27.35% return, which is significantly higher than GBP=X's 0.66% return. Over the past 10 years, BME.L has outperformed GBP=X with an annualized return of 3.69%, while GBP=X has yielded a comparatively lower -0.21% annualized return.
BME.L
- 1D
- 3.48%
- 1M
- 11.38%
- 6M
- 28.88%
- YTD
- 27.35%
- 1Y
- -8.61%
- 3Y*
- -23.04%
- 5Y*
- -12.24%
- 10Y*
- 3.69%
- ALL TIME*
- 2.47%
GBP=X
- 1D
- 0.30%
- 1M
- -1.32%
- 6M
- 0.43%
- YTD
- 0.66%
- 1Y
- 0.80%
- 3Y*
- -1.34%
- 5Y*
- 0.56%
- 10Y*
- -0.21%
- ALL TIME*
- 2.19%
BME.L vs. GBP=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BME.L B&M European Value Retail SA | 27.35% | -49.21% | -29.78% | 46.22% | -32.26% | 36.12% | 40.39% | 48.71% | -32.24% | 55.09% |
GBP=X USD/GBP | 0.66% | -7.12% | 1.75% | -5.00% | 11.89% | 0.95% | -2.94% | -3.80% | 5.93% | -8.65% |
Correlation
The correlation between BME.L and GBP=X is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2014 | -0.05 |
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Return for Risk
BME.L vs. GBP=X — Risk / Return Rank
BME.L
GBP=X
BME.L vs. GBP=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for B&M European Value Retail SA (BME.L) and USD/GBP (GBP=X). 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.
| BME.L | GBP=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.02 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 0.11 | -0.32 |
| Martin ratioReturn relative to average drawdown | -0.31 | 0.23 | -0.54 |
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Drawdowns
BME.L vs. GBP=X - Drawdown Comparison
The maximum BME.L drawdown since its inception was -70.38%, which is greater than GBP=X's maximum drawdown of -22.85%. Use the drawdown chart below to compare losses from any high point for BME.L and GBP=X.
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Drawdown Indicators
| BME.L | GBP=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.38% | -22.85% | -47.53% |
Max Drawdown (1Y)Largest decline over 1 year | -40.72% | -5.98% | -34.74% |
Max Drawdown (3Y)Largest decline over 3 years | -70.38% | -12.79% | -57.59% |
Max Drawdown (5Y)Largest decline over 5 years | -70.38% | -22.85% | -47.53% |
Max Drawdown (10Y)Largest decline over 10 years | -70.38% | -22.85% | -47.53% |
Current DrawdownCurrent decline from peak | -58.45% | -20.18% | -38.27% |
Average DrawdownAverage peak-to-trough decline | -18.70% | -11.31% | -7.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.00% | 2.88% | +25.12% |
Volatility
BME.L vs. GBP=X - Volatility Comparison
B&M European Value Retail SA (BME.L) has a higher volatility of 15.53% compared to USD/GBP (GBP=X) at 1.60%. This indicates that BME.L's price experiences larger fluctuations and is considered to be riskier than GBP=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BME.L | GBP=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.53% | 1.60% | +13.93% |
Volatility (6M)Calculated over the trailing 6-month period | 33.12% | 4.75% | +28.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.80% | 6.23% | +40.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.98% | 8.20% | +26.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.81% | 8.55% | +22.26% |
Frequently Asked Questions
BME.L and GBP=X have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BME.L and GBP=X
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