BP vs. BZ=F

Last updated Apr 2, 2026

Compare and contrast key facts about BP p.l.c. (BP) and Crude Oil Brent (BZ=F).

Performance

BP vs. BZ=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BP p.l.c. (BP) and Crude Oil Brent (BZ=F). The values are adjusted to include any dividend payments, if applicable.

BP vs. BZ=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BP BP p.l.c.	34.66%	24.54%	-11.84%	6.00%	37.01%	36.38%	-41.31%	5.83%	-4.57%	20.02%
BZ=F Crude Oil Brent	64.83%	-18.48%	-3.12%	-10.32%	10.45%	50.15%	-21.52%	22.68%	-19.55%	17.69%

Returns By Period

In the year-to-date period, BP achieves a 34.66% return, which is significantly lower than BZ=F's 64.83% return. Over the past 10 years, BP has outperformed BZ=F with an annualized return of 10.76%, while BZ=F has yielded a comparatively lower 10.00% annualized return.

BP

• 1D: -1.77%
• 1M: 16.97%
• YTD: 34.66%
• 6M: 37.60%
• 1Y: 44.60%
• 3Y*: 12.64%
• 5Y*: 19.26%
• 10Y*: 10.76%

BZ=F

• 1D: -15.25%
• 1M: 29.02%
• YTD: 64.83%
• 6M: 53.48%
• 1Y: 34.65%
• 3Y*: 7.93%
• 5Y*: 9.11%
• 10Y*: 10.00%

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

Return for Risk

BP vs. BZ=F — Risk / Return Rank

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

BP

BP Risk / Return Rank: 78
BP Sharpe Ratio Rank: 83
BP Sortino Ratio Rank: 75
BP Omega Ratio Rank: 77
BP Calmar Ratio Rank: 76
BP Martin Ratio Rank: 80

BZ=F

BZ=F Risk / Return Rank: 26
BZ=F Sharpe Ratio Rank: 18
BZ=F Sortino Ratio Rank: 19
BZ=F Omega Ratio Rank: 19
BZ=F Calmar Ratio Rank: 44
BZ=F Martin Ratio Rank: 29

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.

BP vs. BZ=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. (BP) and Crude Oil Brent (BZ=F). 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	BZ=F	Difference
Sharpe ratio Return per unit of total volatility	1.47	0.72	+0.75
Sortino ratio Return per unit of downside risk	1.88	1.17	+0.70
Omega ratio Gain probability vs. loss probability	1.26	1.17	+0.09
Calmar ratio Return relative to maximum drawdown	1.96	2.20	-0.23
Martin ratio Return relative to average drawdown	5.98	3.87	+2.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BP vs. BZ=F - Sharpe Ratio Comparison

The current BP Sharpe Ratio is 1.47, which is higher than the BZ=F Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of BP and BZ=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BP	BZ=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	0.72	+0.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.24	+0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.25	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.14	+0.05

Correlation

The correlation between BP and BZ=F is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

BP vs. BZ=F - Drawdown Comparison

The maximum BP drawdown since its inception was -74.94%, smaller than the maximum BZ=F drawdown of -86.77%. Use the drawdown chart below to compare losses from any high point for BP and BZ=F.

Drawdown Indicators

	BP	BZ=F	Difference
Max Drawdown Largest peak-to-trough decline	-74.94%	-86.77%	+11.83%
Max Drawdown (1Y) Largest decline over 1 year	-22.77%	-23.58%	+0.81%
Max Drawdown (5Y) Largest decline over 5 years	-30.63%	-53.96%	+23.33%
Max Drawdown (10Y) Largest decline over 10 years	-63.91%	-77.60%	+13.69%
Current Drawdown Current decline from peak	-2.49%	-31.34%	+28.85%
Average Drawdown Average peak-to-trough decline	-25.34%	-41.03%	+15.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.47%	13.39%	-5.92%

Volatility

BP vs. BZ=F - Volatility Comparison

The current volatility for BP p.l.c. (BP) is 8.34%, while Crude Oil Brent (BZ=F) has a volatility of 32.42%. This indicates that BP experiences smaller price fluctuations and is considered to be less risky than BZ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BP	BZ=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.34%	32.42%	-24.08%
Volatility (6M) Calculated over the trailing 6-month period	19.99%	37.17%	-17.18%
Volatility (1Y) Calculated over the trailing 1-year period	30.40%	42.17%	-11.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.51%	35.75%	-7.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.21%	38.57%	-7.36%