BP.L vs. HSBA.L
BP.L (BP plc) and HSBA.L (HSBC Holdings plc) are both stocks. BP.L operates in Oil & Gas Integrated (Energy), while HSBA.L operates in Banks - Diversified (Financial Services). Over the past 10 years, BP.L returned 10.09%/yr vs 18.05%/yr for HSBA.L. At a 0.41 correlation, their price movements are largely independent.
Performance
BP.L vs. HSBA.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BP.L achieves a 29.24% return, which is significantly higher than HSBA.L's 20.63% return. Over the past 10 years, BP.L has underperformed HSBA.L with an annualized return of 10.09%, while HSBA.L has yielded a comparatively higher 18.05% annualized return.
BP.L
- 1D
- -0.07%
- 1M
- 2.99%
- YTD
- 29.24%
- 6M
- 24.19%
- 1Y
- 59.22%
- 3Y*
- 10.94%
- 5Y*
- 16.70%
- 10Y*
- 10.09%
HSBA.L
- 1D
- 0.76%
- 1M
- 4.48%
- YTD
- 20.63%
- 6M
- 33.00%
- 1Y
- 62.97%
- 3Y*
- 40.74%
- 5Y*
- 33.67%
- 10Y*
- 18.05%
BP.L vs. HSBA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BP.L BP plc | 29.24% | 16.65% | -11.03% | 2.65% | 50.71% | 36.34% | -41.69% | 1.09% | 0.45% | 9.53% |
HSBA.L HSBC Holdings plc | 20.63% | 57.77% | 36.43% | 32.14% | 19.91% | 22.90% | -35.99% | -2.41% | -11.05% | 23.54% |
Correlation
The correlation between BP.L and HSBA.L is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2006 | 0.42 |
The correlation between BP.L and HSBA.L shifts across timeframes, from -0.16 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BP.L:
£85.45B
HSBA.L:
£237.12B
BP.L:
£0.20
HSBA.L:
£1.27
BP.L:
27.29
HSBA.L:
10.80
BP.L:
2.44
HSBA.L:
0.52
BP.L:
0.44
HSBA.L:
1.91
BP.L:
1.53
HSBA.L:
1.36
BP.L:
£193.54B
HSBA.L:
£125.68B
BP.L:
£42.27B
HSBA.L:
£61.95B
BP.L:
£35.50B
HSBA.L:
£31.98B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BP.L vs. HSBA.L — Risk / Return Rank
BP.L
HSBA.L
BP.L vs. HSBA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BP plc (BP.L) and HSBC Holdings plc (HSBA.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.
| BP.L | HSBA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.45 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.17 | 3.93 | +0.24 |
| Martin ratioReturn relative to average drawdown | 11.63 | 14.65 | -3.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BP.L | HSBA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.07 | 2.49 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 1.37 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.73 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.22 | -0.06 |
Drawdowns
BP.L vs. HSBA.L - Drawdown Comparison
The maximum BP.L drawdown since its inception was -63.14%, roughly equal to the maximum HSBA.L drawdown of -66.05%. Use the drawdown chart below to compare losses from any high point for BP.L and HSBA.L.
Loading charts...
Drawdown Indicators
| BP.L | HSBA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.14% | -66.05% | +2.91% |
Max Drawdown (1Y)Largest decline over 1 year | -14.14% | -15.96% | +1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -35.64% | -21.98% | -13.66% |
Max Drawdown (5Y)Largest decline over 5 years | -35.64% | -21.98% | -13.66% |
Max Drawdown (10Y)Largest decline over 10 years | -63.14% | -59.96% | -3.18% |
Current DrawdownCurrent decline from peak | -8.97% | -2.74% | -6.23% |
Average DrawdownAverage peak-to-trough decline | -18.30% | -18.74% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.08% | 4.27% | +0.81% |
Volatility
BP.L vs. HSBA.L - Volatility Comparison
BP plc (BP.L) has a higher volatility of 7.77% compared to HSBC Holdings plc (HSBA.L) at 5.97%. This indicates that BP.L's price experiences larger fluctuations and is considered to be riskier than HSBA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BP.L | HSBA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 5.97% | +1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 24.27% | 20.94% | +3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.49% | 25.25% | +3.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.62% | 24.59% | +4.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.65% | 24.77% | +5.88% |
Dividends
BP.L vs. HSBA.L - Dividend Comparison
BP.L's dividend yield for the trailing twelve months is around 4.57%, more than HSBA.L's 4.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BP.L BP plc | 4.57% | 5.68% | 6.04% | 4.79% | 4.32% | 4.70% | 9.60% | 6.78% | 6.16% | 5.93% | 5.77% | 7.45% |
HSBA.L HSBC Holdings plc | 4.06% | 4.28% | 8.28% | 6.80% | 4.11% | 3.54% | 0.00% | 6.79% | 5.83% | 5.18% | 0.00% | 0.00% |
Financials
BP.L vs. HSBA.L - Financials Comparison
This section allows you to compare key financial metrics between BP plc and HSBC Holdings 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
BP.L vs. HSBA.L - Profitability Comparison
BP.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BP plc reported a gross profit of 12.32B and revenue of 51.14B. Therefore, the gross margin over that period was 24.1%.
HSBA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a gross profit of 15.89B and revenue of 31.56B. Therefore, the gross margin over that period was 50.4%.
BP.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BP plc reported an operating income of 9.02B and revenue of 51.14B, resulting in an operating margin of 17.6%.
HSBA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported an operating income of 9.18B and revenue of 31.56B, resulting in an operating margin of 29.1%.
BP.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BP plc reported a net income of 3.76B and revenue of 51.14B, resulting in a net margin of 7.4%.
HSBA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a net income of 7.19B and revenue of 31.56B, resulting in a net margin of 22.8%.
Frequently Asked Questions
BP.L and HSBA.L have a correlation of -0.16, 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 BP.L and HSBA.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer