BTI vs. RIO
BTI (British American Tobacco p.l.c.) and RIO (Rio Tinto Group) are both stocks. BTI operates in Tobacco (Consumer Defensive), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, BTI returned 6.92%/yr vs 18.86%/yr for RIO. At a 0.26 correlation, their price movements are largely independent.
Performance
BTI vs. RIO - Performance Comparison
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Returns By Period
In the year-to-date period, BTI achieves a 13.53% return, which is significantly lower than RIO's 14.41% return. Over the past 10 years, BTI has underperformed RIO with an annualized return of 6.92%, while RIO has yielded a comparatively higher 18.86% annualized return.
BTI
- 1D
- -0.56%
- 1M
- 7.55%
- 6M
- 10.41%
- YTD
- 13.53%
- 1Y
- 28.09%
- 3Y*
- 31.93%
- 5Y*
- 19.24%
- 10Y*
- 6.92%
- ALL TIME*
- 17.77%
RIO
- 1D
- -1.20%
- 1M
- -11.00%
- 6M
- 7.55%
- YTD
- 14.41%
- 1Y
- 54.91%
- 3Y*
- 17.24%
- 5Y*
- 9.21%
- 10Y*
- 18.86%
- ALL TIME*
- 11.71%
BTI vs. RIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTI British American Tobacco p.l.c. | 13.53% | 65.81% | 35.44% | -19.97% | 14.91% | 7.95% | -4.73% | 42.97% | -49.35% | 24.40% |
RIO Rio Tinto Group | 14.41% | 44.47% | -15.36% | 11.06% | 18.48% | -3.67% | 36.22% | 33.18% | -2.93% | 44.87% |
Correlation
The correlation between BTI and RIO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 1990 | 0.26 |
The correlation between BTI and RIO shifts across timeframes, from 0.16 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BTI:
$135.25B
RIO:
$144.65B
BTI:
£4.94
RIO:
$13.11
BTI:
9.41
RIO:
6.79
BTI:
1.98
RIO:
1.31
BTI:
2.13
RIO:
2.35
BTI:
£51.48B
RIO:
$111.41B
BTI:
£42.82B
RIO:
$31.10B
BTI:
£20.34B
RIO:
$40.42B
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Return for Risk
BTI vs. RIO — Risk / Return Rank
BTI
RIO
BTI vs. RIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for British American Tobacco p.l.c. (BTI) and Rio Tinto Group (RIO). 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.
| BTI | RIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.31 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.66 | -0.61 |
| Martin ratioReturn relative to average drawdown | 4.25 | 8.59 | -4.33 |
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Drawdowns
BTI vs. RIO - Drawdown Comparison
The maximum BTI drawdown since its inception was -64.11%, smaller than the maximum RIO drawdown of -88.97%. Use the drawdown chart below to compare losses from any high point for BTI and RIO.
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Drawdown Indicators
| BTI | RIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.11% | -88.97% | +24.86% |
Max Drawdown (1Y)Largest decline over 1 year | -13.75% | -20.74% | +6.99% |
Max Drawdown (3Y)Largest decline over 3 years | -13.75% | -24.19% | +10.44% |
Max Drawdown (5Y)Largest decline over 5 years | -29.94% | -35.25% | +5.31% |
Max Drawdown (10Y)Largest decline over 10 years | -56.00% | -37.47% | -18.53% |
Current DrawdownCurrent decline from peak | -5.01% | -20.50% | +15.49% |
Average DrawdownAverage peak-to-trough decline | -12.92% | -23.74% | +10.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 6.41% | +0.21% |
Volatility
BTI vs. RIO - Volatility Comparison
British American Tobacco p.l.c. (BTI) has a higher volatility of 9.40% compared to Rio Tinto Group (RIO) at 8.38%. This indicates that BTI's price experiences larger fluctuations and is considered to be riskier than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTI | RIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.40% | 8.38% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 20.06% | 24.96% | -4.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.16% | 29.72% | -5.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.52% | 29.33% | -7.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.23% | 30.42% | -6.19% |
Dividends
BTI vs. RIO - Dividend Comparison
BTI's dividend yield for the trailing twelve months is around 5.07%, more than RIO's 4.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTI British American Tobacco p.l.c. | 5.07% | 5.29% | 8.18% | 9.72% | 7.23% | 7.98% | 7.22% | 6.35% | 8.53% | 4.27% | 3.85% | 4.11% |
RIO Rio Tinto Group | 4.51% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
BTI vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between British American Tobacco p.l.c. and Rio Tinto Group. 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
BTI vs. RIO - Profitability Comparison
BTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, British American Tobacco p.l.c. reported a gross profit of 11.30B and revenue of 13.54B. Therefore, the gross margin over that period was 83.4%.
RIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.
BTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, British American Tobacco p.l.c. reported an operating income of 4.93B and revenue of 13.54B, resulting in an operating margin of 36.4%.
RIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.
BTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, British American Tobacco p.l.c. reported a net income of 3.25B and revenue of 13.54B, resulting in a net margin of 24.0%.
RIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.
Frequently Asked Questions
BTI and RIO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTI has higher volatility (9.40%) compared to RIO (8.38%). In terms of maximum drawdown, BTI dropped -64.11% vs RIO's -88.97%.
RIO currently has the higher Sharpe Ratio (1.86 vs 1.17), 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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