BVI.PA vs. RI.PA

Last updated Jun 4, 2026

BVI.PA (Bureau Veritas SA) and RI.PA (Pernod Ricard SA) are both stocks. BVI.PA operates in Consulting Services (Industrials), while RI.PA operates in Beverages - Wineries & Distilleries (Consumer Defensive). Over the past 10 years, BVI.PA returned 5.15%/yr vs -2.24%/yr for RI.PA. At a 0.35 correlation, their price movements are largely independent.

Performance

BVI.PA vs. RI.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Bureau Veritas SA (BVI.PA) and Pernod Ricard SA (RI.PA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BVI.PA achieves a -4.55% return, which is significantly higher than RI.PA's -16.66% return. Over the past 10 years, BVI.PA has outperformed RI.PA with an annualized return of 5.15%, while RI.PA has yielded a comparatively lower -2.24% annualized return.

BVI.PA

• 1D: -1.03%
• 1M: -0.30%
• YTD: -4.55%
• 6M: -1.81%
• 1Y: -10.69%
• 3Y*: 5.17%
• 5Y*: 2.87%
• 10Y*: 5.15%

RI.PA

• 1D: -1.17%
• 1M: -3.82%
• YTD: -16.66%
• 6M: -21.54%
• 1Y: -28.43%
• 3Y*: -30.43%
• 5Y*: -16.84%
• 10Y*: -2.24%

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

BVI.PA vs. RI.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BVI.PA Bureau Veritas SA	-4.55%	-4.39%	32.45%	-4.12%	-13.81%	35.93%	-6.45%	34.17%	-19.84%	27.06%
RI.PA Pernod Ricard SA	-16.66%	-29.20%	-28.90%	-10.77%	-11.15%	37.02%	0.14%	13.37%	10.45%	30.30%

Correlation

The correlation between BVI.PA and RI.PA is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Oct 25, 2007	0.35

Return for Risk

BVI.PA vs. RI.PA — Risk / Return Rank

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

BVI.PA

BVI.PA Risk / Return Rank: 16
BVI.PA Sharpe Ratio Rank: 20
BVI.PA Sortino Ratio Rank: 19
BVI.PA Omega Ratio Rank: 19
BVI.PA Calmar Ratio Rank: 12
BVI.PA Martin Ratio Rank: 10

RI.PA

RI.PA Risk / Return Rank: 10
RI.PA Sharpe Ratio Rank: 6
RI.PA Sortino Ratio Rank: 7
RI.PA Omega Ratio Rank: 9
RI.PA Calmar Ratio Rank: 15
RI.PA Martin Ratio Rank: 13

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.

BVI.PA vs. RI.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bureau Veritas SA (BVI.PA) and Pernod Ricard SA (RI.PA). 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.

	BVI.PA	RI.PA	Difference
Sharpe ratio: Return per unit of total volatility	-0.50	-0.94	+0.44
Sortino ratio: Return per unit of downside risk	-0.53	-1.30	+0.77
Omega ratio: Gain probability vs. loss probability	0.93	0.85	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.77	-0.70	-0.07
Martin ratio: Return relative to average drawdown	-1.34	-1.24	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BVI.PA vs. RI.PA - Sharpe Ratio Comparison

The current BVI.PA Sharpe Ratio is -0.50, which is higher than the RI.PA Sharpe Ratio of -0.94. The chart below compares the historical Sharpe Ratios of BVI.PA and RI.PA, 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

	BVI.PA	RI.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.50	-0.94	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	-0.68	+0.82
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	-0.10	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.27	+0.06

Drawdowns

BVI.PA vs. RI.PA - Drawdown Comparison

The maximum BVI.PA drawdown since its inception was -41.65%, smaller than the maximum RI.PA drawdown of -68.87%. Use the drawdown chart below to compare losses from any high point for BVI.PA and RI.PA.

Drawdown Indicators

	BVI.PA	RI.PA	Difference
Max Drawdown Largest peak-to-trough decline	-41.65%	-68.87%	+27.22%
Max Drawdown (1Y) Largest decline over 1 year	-13.77%	-40.07%	+26.30%
Max Drawdown (3Y) Largest decline over 3 years	-20.96%	-66.98%	+46.02%
Max Drawdown (5Y) Largest decline over 5 years	-24.72%	-68.87%	+44.15%
Max Drawdown (10Y) Largest decline over 10 years	-37.46%	-68.87%	+31.41%
Current Drawdown Current decline from peak	-14.46%	-68.36%	+53.90%
Average Drawdown Average peak-to-trough decline	-11.09%	-12.72%	+1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.47%	22.85%	-15.38%

Volatility

BVI.PA vs. RI.PA - Volatility Comparison

The current volatility for Bureau Veritas SA (BVI.PA) is 5.09%, while Pernod Ricard SA (RI.PA) has a volatility of 8.11%. This indicates that BVI.PA experiences smaller price fluctuations and is considered to be less risky than RI.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BVI.PA	RI.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.09%	8.11%	-3.02%
Volatility (6M) Calculated over the trailing 6-month period	18.96%	23.15%	-4.19%
Volatility (1Y) Calculated over the trailing 1-year period	21.34%	29.94%	-8.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.60%	24.44%	-3.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.85%	21.93%	-0.08%

Dividends

BVI.PA vs. RI.PA - Dividend Comparison

BVI.PA's dividend yield for the trailing twelve months is around 7.26%, less than RI.PA's 7.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BVI.PA Bureau Veritas SA	7.26%	3.31%	2.83%	3.37%	2.15%	1.23%	0.00%	2.41%	3.15%	2.41%	2.77%	2.61%
RI.PA Pernod Ricard SA	7.72%	6.43%	4.31%	2.94%	2.24%	1.48%	1.70%	1.96%	1.65%	1.53%	1.83%	1.71%

Financials

Frequently Asked Questions

Can I hold both BVI.PA and RI.PA in my portfolio?

BVI.PA and RI.PA have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.