BN vs. BX
BN (Brookfield Corporation) and BX (Blackstone Inc.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, BN returned 15.24%/yr vs 22.47%/yr for BX. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
BN vs. BX - Performance Comparison
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Returns By Period
In the year-to-date period, BN achieves a -2.84% return, which is significantly higher than BX's -18.00% return. Over the past 10 years, BN has underperformed BX with an annualized return of 15.24%, while BX has yielded a comparatively higher 22.47% annualized return.
BN
- 1D
- -0.67%
- 1M
- 0.52%
- YTD
- -2.84%
- 6M
- -0.41%
- 1Y
- 12.74%
- 3Y*
- 26.58%
- 5Y*
- 12.09%
- 10Y*
- 15.24%
BX
- 1D
- -0.98%
- 1M
- 8.34%
- YTD
- -18.00%
- 6M
- -17.79%
- 1Y
- -6.69%
- 3Y*
- 14.23%
- 5Y*
- 8.78%
- 10Y*
- 22.47%
BN vs. BX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BN Brookfield Corporation | -2.84% | 20.54% | 44.18% | 28.60% | -34.80% | 49.30% | 8.99% | 52.68% | -10.65% | 33.82% |
BX Blackstone Inc. | -18.00% | -7.84% | 35.07% | 82.75% | -40.01% | 107.11% | 19.78% | 96.33% | 0.10% | 27.34% |
Correlation
The correlation between BN and BX is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2007 | 0.53 |
The correlation between BN and BX shifts across timeframes, from 0.53 (all time) to 0.68 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BN:
$105.19B
BX:
$97.01B
BN:
$0.56
BX:
$3.90
BN:
78.69
BX:
31.71
BN:
172.43
BX:
11.66
BN:
1.37
BX:
6.46
BN:
2.46
BX:
11.59
BN:
$76.58B
BX:
$14.99B
BN:
$27.02B
BX:
$13.12B
BN:
$31.07B
BX:
$7.37B
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Return for Risk
BN vs. BX — Risk / Return Rank
BN
BX
BN vs. BX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Corporation (BN) and Blackstone Inc. (BX). 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.
| BN | BX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.00 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | -0.15 | +0.73 |
| Martin ratioReturn relative to average drawdown | 1.59 | -0.27 | +1.86 |
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Drawdowns
BN vs. BX - Drawdown Comparison
The maximum BN drawdown since its inception was -82.22%, smaller than the maximum BX drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for BN and BX.
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Drawdown Indicators
| BN | BX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.22% | -88.09% | +5.87% |
Max Drawdown (1Y)Largest decline over 1 year | -22.05% | -44.76% | +22.71% |
Max Drawdown (3Y)Largest decline over 3 years | -27.84% | -46.50% | +18.66% |
Max Drawdown (5Y)Largest decline over 5 years | -41.85% | -49.29% | +7.44% |
Max Drawdown (10Y)Largest decline over 10 years | -51.42% | -49.29% | -2.13% |
Current DrawdownCurrent decline from peak | -9.32% | -34.54% | +25.22% |
Average DrawdownAverage peak-to-trough decline | -28.50% | -26.39% | -2.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.05% | 24.53% | -16.48% |
Volatility
BN vs. BX - Volatility Comparison
The current volatility for Brookfield Corporation (BN) is 7.39%, while Blackstone Inc. (BX) has a volatility of 12.07%. This indicates that BN experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BN | BX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 12.07% | -4.68% |
Volatility (6M)Calculated over the trailing 6-month period | 22.56% | 28.66% | -6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.79% | 34.98% | -6.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.28% | 39.44% | -8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.16% | 35.79% | -5.63% |
Dividends
BN vs. BX - Dividend Comparison
BN's dividend yield for the trailing twelve months is around 0.59%, less than BX's 4.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BN Brookfield Corporation | 0.59% | 0.52% | 0.56% | 0.70% | 1.44% | 1.12% | 1.55% | 1.11% | 1.56% | 1.29% | 1.58% | 1.50% |
BX Blackstone Inc. | 4.01% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
Financials
BN vs. BX - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Corporation and Blackstone 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
BN vs. BX - Profitability Comparison
BN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Corporation reported a gross profit of 4.43B and revenue of 18.39B. Therefore, the gross margin over that period was 24.1%.
BX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a gross profit of 4.04B and revenue of 4.10B. Therefore, the gross margin over that period was 98.5%.
BN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Corporation reported an operating income of 4.39B and revenue of 18.39B, resulting in an operating margin of 23.9%.
BX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported an operating income of 1.59B and revenue of 4.10B, resulting in an operating margin of 38.8%.
BN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Corporation reported a net income of 100.59M and revenue of 18.39B, resulting in a net margin of 0.6%.
BX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a net income of 649.73M and revenue of 4.10B, resulting in a net margin of 15.8%.
Frequently Asked Questions
BN and BX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BX has higher volatility (12.07%) compared to BN (7.39%). In terms of maximum drawdown, BN dropped -82.22% vs BX's -88.09%.
BN currently has the higher Sharpe Ratio (0.45 vs -0.19), 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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