BNZL.L vs. GLEN.L
BNZL.L (Bunzl plc) and GLEN.L (Glencore plc) are both stocks. BNZL.L operates in Food Distribution (Consumer Defensive), while GLEN.L operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, BNZL.L returned 4.12%/yr vs 21.65%/yr for GLEN.L. At a 0.21 correlation, their price movements are largely independent.
Performance
BNZL.L vs. GLEN.L - Performance Comparison
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Returns By Period
In the year-to-date period, BNZL.L achieves a 17.73% return, which is significantly lower than GLEN.L's 50.84% return. Over the past 10 years, BNZL.L has underperformed GLEN.L with an annualized return of 4.12%, while GLEN.L has yielded a comparatively higher 21.65% annualized return.
BNZL.L
- 1D
- 4.73%
- 1M
- 0.62%
- YTD
- 17.73%
- 6M
- 13.58%
- 1Y
- 6.59%
- 3Y*
- -6.32%
- 5Y*
- 3.52%
- 10Y*
- 4.12%
GLEN.L
- 1D
- -1.09%
- 1M
- 8.93%
- YTD
- 50.84%
- 6M
- 60.08%
- 1Y
- 120.55%
- 3Y*
- 16.64%
- 5Y*
- 18.80%
- 10Y*
- 21.65%
BNZL.L vs. GLEN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNZL.L Bunzl plc | 17.73% | -35.01% | 5.63% | 18.04% | -2.45% | 20.80% | 23.20% | -10.71% | 16.71% | 0.07% |
GLEN.L Glencore plc | 50.84% | 19.35% | -23.37% | -6.11% | 57.12% | 67.01% | 9.85% | -15.47% | -22.76% | 42.43% |
Correlation
The correlation between BNZL.L and GLEN.L 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 | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since May 20, 2011 | 0.21 |
The correlation between BNZL.L and GLEN.L shifts across timeframes, from -0.03 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BNZL.L:
£7.79B
GLEN.L:
£73.40B
BNZL.L:
£2.93
GLEN.L:
-£0.10
BNZL.L:
0.33
GLEN.L:
0.15
BNZL.L:
2.79
GLEN.L:
1.89
BNZL.L:
£23.62B
GLEN.L:
£479.07B
BNZL.L:
£3.39B
GLEN.L:
£11.90B
BNZL.L:
£2.30B
GLEN.L:
£19.53B
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Return for Risk
BNZL.L vs. GLEN.L — Risk / Return Rank
BNZL.L
GLEN.L
BNZL.L vs. GLEN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bunzl plc (BNZL.L) and Glencore plc (GLEN.L). 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.
| BNZL.L | GLEN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.55 | ||
| Sortino ratioReturn per unit of downside risk | -4.02 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.59 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 8.51 | -8.21 |
| Martin ratioReturn relative to average drawdown | 0.57 | 28.08 | -27.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BNZL.L | GLEN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 3.87 | -3.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.58 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.18 | 0.61 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.12 | +0.36 |
Drawdowns
BNZL.L vs. GLEN.L - Drawdown Comparison
The maximum BNZL.L drawdown since its inception was -48.72%, smaller than the maximum GLEN.L drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for BNZL.L and GLEN.L.
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Drawdown Indicators
| BNZL.L | GLEN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.72% | -85.66% | +36.94% |
Max Drawdown (1Y)Largest decline over 1 year | -22.45% | -14.09% | -8.36% |
Max Drawdown (3Y)Largest decline over 3 years | -44.42% | -53.56% | +9.14% |
Max Drawdown (5Y)Largest decline over 5 years | -44.42% | -55.24% | +10.82% |
Max Drawdown (10Y)Largest decline over 10 years | -48.72% | -70.67% | +21.95% |
Current DrawdownCurrent decline from peak | -31.70% | -1.09% | -30.61% |
Average DrawdownAverage peak-to-trough decline | -9.27% | -32.00% | +22.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.50% | 4.28% | +7.22% |
Volatility
BNZL.L vs. GLEN.L - Volatility Comparison
The current volatility for Bunzl plc (BNZL.L) is 7.37%, while Glencore plc (GLEN.L) has a volatility of 9.29%. This indicates that BNZL.L experiences smaller price fluctuations and is considered to be less risky than GLEN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNZL.L | GLEN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.37% | 9.29% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 15.79% | 22.62% | -6.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.69% | 31.00% | -10.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.81% | 32.25% | -9.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.07% | 35.72% | -12.65% |
Dividends
BNZL.L vs. GLEN.L - Dividend Comparison
BNZL.L's dividend yield for the trailing twelve months is around 3.10%, more than GLEN.L's 1.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNZL.L Bunzl plc | 3.10% | 3.56% | 2.13% | 1.99% | 2.11% | 1.89% | 3.58% | 2.45% | 1.99% | 2.08% | 1.86% | 1.92% |
GLEN.L Glencore plc | 1.55% | 2.39% | 2.86% | 8.72% | 5.57% | 3.08% | 6.71% | 5.31% | 3.85% | 1.05% | 0.00% | 9.87% |
Financials
BNZL.L vs. GLEN.L - Financials Comparison
This section allows you to compare key financial metrics between Bunzl plc and Glencore plc. 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
BNZL.L vs. GLEN.L - Profitability Comparison
BNZL.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bunzl plc reported a gross profit of -202.25M and revenue of 8.97B. Therefore, the gross margin over that period was -2.3%.
GLEN.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Glencore plc reported a gross profit of 3.44B and revenue of 130.73B. Therefore, the gross margin over that period was 2.6%.
BNZL.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bunzl plc reported an operating income of 585.05M and revenue of 8.97B, resulting in an operating margin of 6.5%.
GLEN.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Glencore plc reported an operating income of 2.18B and revenue of 130.73B, resulting in an operating margin of 1.7%.
BNZL.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bunzl plc reported a net income of 368.25M and revenue of 8.97B, resulting in a net margin of 4.1%.
GLEN.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Glencore plc reported a net income of 1.02B and revenue of 130.73B, resulting in a net margin of 0.8%.
Frequently Asked Questions
BNZL.L and GLEN.L 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.
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