BVN vs. AU

Last updated Jun 9, 2026

BVN (Compañía de Minas Buenaventura S.A.A.) and AU (AngloGold Ashanti Limited) are both stocks. Both are in the Basic Materials sector — BVN in Other Precious Metals & Mining, AU in Gold. Over the past 10 years, BVN returned 11.61%/yr vs 19.78%/yr for AU. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

BVN vs. AU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Compañía de Minas Buenaventura S.A.A. (BVN) and AngloGold Ashanti Limited (AU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BVN achieves a 11.78% return, which is significantly higher than AU's 1.94% return. Over the past 10 years, BVN has underperformed AU with an annualized return of 11.61%, while AU has yielded a comparatively higher 19.78% annualized return.

BVN

• 1D: -0.10%
• 1M: -14.51%
• YTD: 11.78%
• 6M: 25.03%
• 1Y: 84.69%
• 3Y*: 65.63%
• 5Y*: 25.12%
• 10Y*: 11.61%

AU

• 1D: 0.42%
• 1M: -20.12%
• YTD: 1.94%
• 6M: 10.31%
• 1Y: 93.94%
• 3Y*: 56.64%
• 5Y*: 34.89%
• 10Y*: 19.78%

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

BVN vs. AU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BVN Compañía de Minas Buenaventura S.A.A.	11.78%	147.96%	-24.06%	106.47%	2.47%	-39.95%	-19.27%	-6.40%	15.91%	25.66%
AU AngloGold Ashanti Limited	1.94%	288.18%	25.43%	-2.68%	-5.09%	-4.87%	1.90%	78.89%	23.96%	-2.23%

Correlation

The correlation between BVN and AU is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Aug 6, 1998	0.57

The correlation between BVN and AU shifts across timeframes, from 0.56 (10 years) to 0.70 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BVN : $7.68B AU : $42.65B
EPS BVN : $3.84 AU : $6.85
PE Ratio BVN : 7.86 AU : 12.32
PEG Ratio BVN : 0.02 AU : 0.14
PS Ratio BVN : 3.75 AU : 3.83
PB Ratio BVN : 1.85 AU : 5.00
Total Revenue (TTM) BVN : $2.05B AU : $11.17B
Gross Profit (TTM) BVN : $1.06B AU : $5.82B
EBITDA (TTM) BVN : $1.18B AU : $5.58B

Return for Risk

BVN vs. AU — Risk / Return Rank

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

BVN

BVN Risk / Return Rank: 82
BVN Sharpe Ratio Rank: 86
BVN Sortino Ratio Rank: 78
BVN Omega Ratio Rank: 80
BVN Calmar Ratio Rank: 82
BVN Martin Ratio Rank: 83

AU

AU Risk / Return Rank: 80
AU Sharpe Ratio Rank: 85
AU Sortino Ratio Rank: 78
AU Omega Ratio Rank: 77
AU Calmar Ratio Rank: 81
AU Martin Ratio Rank: 82

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.

BVN vs. AU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Compañía de Minas Buenaventura S.A.A. (BVN) and AngloGold Ashanti Limited (AU). 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.

	BVN	AU	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.64	+0.07
Sortino ratio: Return per unit of downside risk	2.12	2.07	+0.05
Omega ratio: Gain probability vs. loss probability	1.29	1.27	+0.02
Calmar ratio: Return relative to maximum drawdown	2.78	2.58	+0.20
Martin ratio: Return relative to average drawdown	7.24	7.04	+0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BVN vs. AU - Sharpe Ratio Comparison

The current BVN Sharpe Ratio is 1.71, which is comparable to the AU Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of BVN and AU, 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

	BVN	AU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	1.64	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.72	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.40	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.14	+0.02

Drawdowns

BVN vs. AU - Drawdown Comparison

The maximum BVN drawdown since its inception was -93.68%, roughly equal to the maximum AU drawdown of -90.12%. Use the drawdown chart below to compare losses from any high point for BVN and AU.

Drawdown Indicators

	BVN	AU	Difference
Max Drawdown Largest peak-to-trough decline	-93.68%	-90.12%	-3.56%
Max Drawdown (1Y) Largest decline over 1 year	-30.64%	-36.59%	+5.95%
Max Drawdown (3Y) Largest decline over 3 years	-38.30%	-38.71%	+0.41%
Max Drawdown (5Y) Largest decline over 5 years	-53.67%	-51.75%	-1.92%
Max Drawdown (10Y) Largest decline over 10 years	-70.15%	-67.91%	-2.24%
Current Drawdown Current decline from peak	-37.81%	-32.22%	-5.59%
Average Drawdown Average peak-to-trough decline	-46.41%	-46.08%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.73%	13.40%	-1.67%

Volatility

BVN vs. AU - Volatility Comparison

Compañía de Minas Buenaventura S.A.A. (BVN) and AngloGold Ashanti Limited (AU) have volatilities of 20.37% and 20.03%, 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.

Volatility by Period

	BVN	AU	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.37%	20.03%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	42.42%	45.74%	-3.32%
Volatility (1Y) Calculated over the trailing 1-year period	49.93%	57.81%	-7.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.73%	48.98%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.92%	49.72%	-3.80%

Dividends

BVN vs. AU - Dividend Comparison

BVN's dividend yield for the trailing twelve months is around 3.75%, less than AU's 5.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AU AngloGold Ashanti Limited	5.45%	2.96%	1.78%	1.14%	2.26%	2.58%	0.49%	0.30%	0.48%	0.93%	0.00%
BVN Compañía de Minas Buenaventura S.A.A.	3.75%	1.57%	0.63%	0.48%	0.98%	0.00%	0.00%	0.58%	0.55%	0.60%	0.26%

Financials

BVN vs. AU - Profitability Comparison

The chart below illustrates the profitability comparison between Compañía de Minas Buenaventura S.A.A. and AngloGold Ashanti Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BVN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Compañía de Minas Buenaventura S.A.A. reported a gross profit of 356.89M and revenue of 622.46M. Therefore, the gross margin over that period was 57.3%.

AU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AngloGold Ashanti Limited reported a gross profit of 1.88B and revenue of 3.24B. Therefore, the gross margin over that period was 58.2%.

BVN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Compañía de Minas Buenaventura S.A.A. reported an operating income of 325.55M and revenue of 622.46M, resulting in an operating margin of 52.3%.

AU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AngloGold Ashanti Limited reported an operating income of 1.84B and revenue of 3.24B, resulting in an operating margin of 56.8%.

BVN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Compañía de Minas Buenaventura S.A.A. reported a net income of 334.26M and revenue of 622.46M, resulting in a net margin of 53.7%.

AU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AngloGold Ashanti Limited reported a net income of 1.28B and revenue of 3.24B, resulting in a net margin of 39.6%.

Frequently Asked Questions

Can I hold both BVN and AU in my portfolio?

BVN and AU have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BVN or AU?

BVN has higher volatility (20.37%) compared to AU (20.03%). In terms of maximum drawdown, BVN dropped -93.68% vs AU's -90.12%.

Which has better risk-adjusted returns?

BVN currently has the higher Sharpe Ratio (1.71 vs 1.64), 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.