BP vs. BZ=F
Compare and contrast key facts about BP p.l.c. (BP) and Crude Oil Brent (BZ=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BP or BZ=F.
Key characteristics
BP | BZ=F | |
---|---|---|
YTD Return | 7.76% | 13.55% |
1Y Return | 4.83% | 11.75% |
3Y Return (Ann) | 19.75% | 9.98% |
5Y Return (Ann) | 2.54% | 4.88% |
10Y Return (Ann) | 3.47% | -2.01% |
Sharpe Ratio | 0.25 | 0.41 |
Daily Std Dev | 22.14% | 28.63% |
Max Drawdown | -69.44% | -86.77% |
Current Drawdown | -5.35% | -40.12% |
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.
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
BP p.l.c. | 0.02 | ||||
Crude Oil Brent | 0.41 |
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
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.