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BP vs. BZ=F
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


BPBZ=F
YTD Return7.76%13.55%
1Y Return4.83%11.75%
3Y Return (Ann)19.75%9.98%
5Y Return (Ann)2.54%4.88%
10Y Return (Ann)3.47%-2.01%
Sharpe Ratio0.250.41
Daily Std Dev22.14%28.63%
Max Drawdown-69.44%-86.77%
Current Drawdown-5.35%-40.12%

Correlation

0.35
-1.001.00

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.

Performance

BP vs. BZ=F - Performance Comparison

In the year-to-date period, BP achieves a 7.76% return, which is significantly lower than BZ=F's 13.55% return. Over the past 10 years, BP has outperformed BZ=F with an annualized return of 3.47%, while BZ=F has yielded a comparatively lower -2.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


100.00%200.00%300.00%400.00%500.00%600.00%700.00%OctoberNovemberDecember2024FebruaryMarch
667.74%
117.88%
BP
BZ=F

Compare stocks, funds, or ETFs


BP p.l.c.

Crude Oil Brent

Risk-Adjusted Performance

BP vs. BZ=F - Risk-Adjusted Performance 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BP
BP p.l.c.
0.02
BZ=F
Crude Oil Brent
0.41

BP vs. BZ=F - Sharpe Ratio Comparison

The current BP Sharpe Ratio is 0.02, which is lower than the BZ=F Sharpe Ratio of 0.41. The chart below compares the 12-month rolling Sharpe Ratio of BP and BZ=F.


Rolling 12-month Sharpe Ratio-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
0.02
0.41
BP
BZ=F

Drawdowns

BP vs. BZ=F - Drawdown Comparison

The maximum BP drawdown since its inception was -69.44%, smaller than the maximum BZ=F drawdown of -86.77%. The drawdown chart below compares losses from any high point along the way for BP and BZ=F


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-5.35%
-40.12%
BP
BZ=F

Volatility

BP vs. BZ=F - Volatility Comparison

The current volatility for BP p.l.c. (BP) is 3.46%, while Crude Oil Brent (BZ=F) has a volatility of 5.06%. 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.


4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
3.46%
5.06%
BP
BZ=F