BPXXY vs. BBLGW

Last updated Jun 3, 2026

BPXXY (Bper Banca SpA ADR) and BBLGW (Bone Biologics Corp Warrants) are both stocks. BPXXY operates in Banks - Regional (Financial Services), while BBLGW operates in Medical Devices (Healthcare). Over the past 3 years, BPXXY returned 82.15%/yr vs 178.86%/yr for BBLGW. At a correlation of -0.03, they often move in opposite directions.

Performance

BPXXY vs. BBLGW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bper Banca SpA ADR (BPXXY) and Bone Biologics Corp Warrants (BBLGW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BPXXY achieves a 10.07% return, which is significantly lower than BBLGW's 12.90% return.

BPXXY

• 1D: 1.15%
• 1M: 0.20%
• YTD: 10.07%
• 6M: 10.07%
• 1Y: 51.42%
• 3Y*: 82.15%
• 5Y*: 51.95%
• 10Y*: 16.64%

BBLGW

• 1D: -1.85%
• 1M: -12.46%
• YTD: 12.90%
• 6M: -19.35%
• 1Y: 29.63%
• 3Y*: 178.86%
• 5Y*: —
• 10Y*: —

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

BPXXY vs. BBLGW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BPXXY Bper Banca SpA ADR	10.07%	158.64%	92.56%	60.97%	4.36%	-13.90%
BBLGW Bone Biologics Corp Warrants	12.90%	-61.25%	920.41%	638.23%	-97.47%	-41.18%

Correlation

The correlation between BPXXY and BBLGW is -0.13, 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	-0.13
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021	-0.03

The correlation between BPXXY and BBLGW shifts across timeframes, from -0.13 (1 year) to -0.03 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BPXXY : $27.03B BBLGW : $31.42M
EPS BPXXY : $2.07 BBLGW : -$2.15
PB Ratio BPXXY : 1.77 BBLGW : 6.73
Total Revenue (TTM) BPXXY : $8.88B BBLGW : $0.00
Gross Profit (TTM) BPXXY : $7.06B BBLGW : $0.00
EBITDA (TTM) BPXXY : $3.21B BBLGW : -$2.90M

Return for Risk

BPXXY vs. BBLGW — Risk / Return Rank

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

BPXXY

BPXXY Risk / Return Rank: 81
BPXXY Sharpe Ratio Rank: 78
BPXXY Sortino Ratio Rank: 75
BPXXY Omega Ratio Rank: 95
BPXXY Calmar Ratio Rank: 76
BPXXY Martin Ratio Rank: 79

BBLGW

BBLGW Risk / Return Rank: 60
BBLGW Sharpe Ratio Rank: 49
BBLGW Sortino Ratio Rank: 60
BBLGW Omega Ratio Rank: 86
BBLGW Calmar Ratio Rank: 51
BBLGW Martin Ratio Rank: 51

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.

BPXXY vs. BBLGW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bper Banca SpA ADR (BPXXY) and Bone Biologics Corp Warrants (BBLGW). 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.

	BPXXY	BBLGW	Difference
Sharpe ratio Return per unit of total volatility	1.34	0.24	+1.10
Sortino ratio Return per unit of downside risk	2.04	1.31	+0.72
Omega ratio Gain probability vs. loss probability	1.57	1.38	+0.19
Calmar ratio Return relative to maximum drawdown	2.25	0.46	+1.79
Martin ratio Return relative to average drawdown	6.34	1.03	+5.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BPXXY vs. BBLGW - Sharpe Ratio Comparison

The current BPXXY Sharpe Ratio is 1.34, which is higher than the BBLGW Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of BPXXY and BBLGW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BPXXY	BBLGW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	0.24	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	-0.06	+0.16

Drawdowns

BPXXY vs. BBLGW - Drawdown Comparison

The maximum BPXXY drawdown since its inception was -83.37%, smaller than the maximum BBLGW drawdown of -98.80%. Use the drawdown chart below to compare losses from any high point for BPXXY and BBLGW.

Drawdown Indicators

	BPXXY	BBLGW	Difference
Max Drawdown Largest peak-to-trough decline	-83.37%	-98.80%	+15.43%
Max Drawdown (1Y) Largest decline over 1 year	-26.65%	-63.81%	+37.16%
Max Drawdown (3Y) Largest decline over 3 years	-26.65%	-96.92%	+70.27%
Max Drawdown (5Y) Largest decline over 5 years	-40.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.15%	—	—
Current Drawdown Current decline from peak	-12.72%	-81.58%	+68.86%
Average Drawdown Average peak-to-trough decline	-41.91%	-70.85%	+28.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.48%	28.70%	-19.22%

Volatility

BPXXY vs. BBLGW - Volatility Comparison

The current volatility for Bper Banca SpA ADR (BPXXY) is 10.58%, while Bone Biologics Corp Warrants (BBLGW) has a volatility of 44.59%. This indicates that BPXXY experiences smaller price fluctuations and is considered to be less risky than BBLGW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BPXXY	BBLGW	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.58%	44.59%	-34.01%
Volatility (6M) Calculated over the trailing 6-month period	35.44%	111.61%	-76.17%
Volatility (1Y) Calculated over the trailing 1-year period	38.98%	124.83%	-85.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.21%	251.57%	-196.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	110.60%	251.57%	-140.97%

Dividends

BPXXY vs. BBLGW - Dividend Comparison

BPXXY's dividend yield for the trailing twelve months is around 5.65%, while BBLGW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBLGW Bone Biologics Corp Warrants	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BPXXY Bper Banca SpA ADR	5.65%	6.13%	5.75%	4.07%	3.10%	1.53%	14.36%	1.93%	2.09%	2.19%	4.35%	0.32%

Financials

Frequently Asked Questions

Can I hold both BPXXY and BBLGW in my portfolio?

BPXXY and BBLGW have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BPXXY or BBLGW?

BBLGW has higher volatility (44.59%) compared to BPXXY (10.58%). In terms of maximum drawdown, BPXXY dropped -83.37% vs BBLGW's -98.80%.

Which has better risk-adjusted returns?

BPXXY currently has the higher Sharpe Ratio (1.34 vs 0.24), 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.