BP vs. XOM
BP (BP p.l.c.) and XOM (Exxon Mobil Corporation) are both stocks. Both operate in the Oil & Gas Integrated industry within the Energy sector. Over the past 10 years, BP returned 7.87%/yr vs 9.11%/yr for XOM. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
BP vs. XOM - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with BP having a 17.35% return and XOM slightly lower at 16.62%. Over the past 10 years, BP has underperformed XOM with an annualized return of 7.87%, while XOM has yielded a comparatively higher 9.11% annualized return.
BP
- 1D
- 1.74%
- 1M
- -10.32%
- YTD
- 17.35%
- 6M
- 19.38%
- 1Y
- 34.16%
- 3Y*
- 10.32%
- 5Y*
- 13.40%
- 10Y*
- 7.87%
XOM
- 1D
- 0.48%
- 1M
- -10.62%
- YTD
- 16.62%
- 6M
- 18.78%
- 1Y
- 24.57%
- 3Y*
- 14.34%
- 5Y*
- 20.96%
- 10Y*
- 9.11%
BP vs. XOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BP BP p.l.c. | 17.35% | 24.54% | -11.84% | 6.00% | 37.01% | 36.38% | -41.31% | 5.83% | -4.57% | 20.02% |
XOM Exxon Mobil Corporation | 16.62% | 15.98% | 11.26% | -6.26% | 87.41% | 57.58% | -36.21% | 7.23% | -15.09% | -3.81% |
Correlation
The correlation between BP and XOM is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 1978 | 0.56 |
The correlation between BP and XOM shifts across timeframes, from 0.56 (all time) to 0.72 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BP:
$103.84B
XOM:
$579.22B
BP:
$1.23
XOM:
$5.93
BP:
32.42
XOM:
23.36
BP:
3.17
XOM:
1.08
BP:
0.53
XOM:
1.81
BP:
1.86
XOM:
2.28
BP:
$194.60B
XOM:
$326.01B
BP:
$37.65B
XOM:
$83.11B
BP:
$35.67B
XOM:
$60.44B
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Return for Risk
BP vs. XOM — Risk / Return Rank
BP
XOM
BP vs. XOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. (BP) and Exxon Mobil Corporation (XOM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BP | XOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.18 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 1.29 | +0.73 |
| Martin ratioReturn relative to average drawdown | 7.45 | 3.90 | +3.55 |
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Drawdowns
BP vs. XOM - Drawdown Comparison
The maximum BP drawdown since its inception was -74.94%, which is greater than XOM's maximum drawdown of -62.40%. Use the drawdown chart below to compare losses from any high point for BP and XOM.
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Drawdown Indicators
| BP | XOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.94% | -62.40% | -12.54% |
Max Drawdown (1Y)Largest decline over 1 year | -16.97% | -19.08% | +2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -30.63% | -19.08% | -11.55% |
Max Drawdown (5Y)Largest decline over 5 years | -30.63% | -20.51% | -10.12% |
Max Drawdown (10Y)Largest decline over 10 years | -63.91% | -61.34% | -2.57% |
Current DrawdownCurrent decline from peak | -15.53% | -18.70% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -25.25% | -10.21% | -15.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.63% | 6.36% | -1.73% |
Volatility
BP vs. XOM - Volatility Comparison
BP p.l.c. (BP) and Exxon Mobil Corporation (XOM) have volatilities of 8.27% and 7.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BP | XOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 7.89% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 22.08% | 20.78% | +1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.13% | 24.89% | +2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.59% | 26.70% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.27% | 28.25% | +3.02% |
Dividends
BP vs. XOM - Dividend Comparison
BP's dividend yield for the trailing twelve months is around 5.02%, more than XOM's 2.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BP BP p.l.c. | 5.02% | 5.64% | 6.20% | 4.71% | 3.94% | 4.83% | 9.21% | 6.52% | 6.41% | 5.66% | 6.37% | 7.63% |
XOM Exxon Mobil Corporation | 2.95% | 3.32% | 3.57% | 3.68% | 3.22% | 5.70% | 8.44% | 4.92% | 4.74% | 3.66% | 3.30% | 3.69% |
Financials
BP vs. XOM - Financials Comparison
This section allows you to compare key financial metrics between BP p.l.c. and Exxon Mobil Corporation. 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 vs. XOM - Profitability Comparison
BP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BP p.l.c. reported a gross profit of 12.56B and revenue of 52.17B. Therefore, the gross margin over that period was 24.1%.
XOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported a gross profit of 31.36B and revenue of 83.16B. Therefore, the gross margin over that period was 37.7%.
BP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BP p.l.c. reported an operating income of 9.20B and revenue of 52.17B, resulting in an operating margin of 17.6%.
XOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported an operating income of 5.29B and revenue of 83.16B, resulting in an operating margin of 6.4%.
BP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BP p.l.c. reported a net income of 3.84B and revenue of 52.17B, resulting in a net margin of 7.4%.
XOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported a net income of 4.18B and revenue of 83.16B, resulting in a net margin of 5.0%.
Frequently Asked Questions
BP and XOM have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BP has higher volatility (8.27%) compared to XOM (7.89%). In terms of maximum drawdown, BP dropped -74.94% vs XOM's -62.40%.
BP currently has the higher Sharpe Ratio (1.27 vs 0.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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