BX vs. BAM
BX (Blackstone Inc.) and BAM (Brookfield Asset Management Ltd.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 3 years, BX returned 9.46%/yr vs 17.29%/yr for BAM. Their 0.65 correlation means they have sometimes moved together and sometimes differently.
Performance
BX vs. BAM - Performance Comparison
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Returns By Period
In the year-to-date period, BX achieves a -15.38% return, which is significantly lower than BAM's -5.69% return.
BX
- 1D
- -0.25%
- 1M
- 6.86%
- 6M
- -8.42%
- YTD
- -15.38%
- 1Y
- -23.46%
- 3Y*
- 9.46%
- 5Y*
- 5.49%
- 10Y*
- 22.48%
- ALL TIME*
- 12.61%
BAM
- 1D
- 0.92%
- 1M
- 6.61%
- 6M
- -0.60%
- YTD
- -5.69%
- 1Y
- -18.61%
- 3Y*
- 17.29%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $100.72M | $102.40M | $133.90M | |
| $746.59M | $603.17M | $618.74M |
BX vs. BAM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BX Blackstone Inc. | -15.38% | -7.84% | 35.07% | 82.75% | -5.47% |
BAM Brookfield Asset Management Ltd. | -5.69% | -0.24% | 39.70% | 45.61% | -10.80% |
Correlation
The correlation between BX and BAM is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2022 | 0.65 |
The correlation between BX and BAM has been stable across timeframes, ranging from 0.65 to 0.69 - a consistent structural relationship.
Fundamentals
BX:
$154.30B
BAM:
$77.28B
BX:
$6.00
BAM:
$1.55
BX:
21.30
BAM:
31.20
BX:
7.83
BAM:
0.05
BX:
4.59
BAM:
15.48
BX:
$16.32B
BAM:
$5.08B
BX:
$13.72B
BAM:
$3.26B
BX:
$8.25B
BAM:
$2.35B
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Return for Risk
BX vs. BAM — Risk / Return Rank
BX
BAM
BX vs. BAM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Inc. (BX) and Brookfield Asset Management Ltd. (BAM). 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.
| BX | BAM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.92 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.62 | +0.10 |
| Martin ratioReturn relative to average drawdown | -0.87 | -1.01 | +0.14 |
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Drawdowns
BX vs. BAM - Drawdown Comparison
The maximum BX drawdown since its inception was -88.09%, which is greater than BAM's maximum drawdown of -30.37%. Use the drawdown chart below to compare losses from any high point for BX and BAM.
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Drawdown Indicators
| BX | BAM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.09% | -30.37% | -57.72% |
Max Drawdown (1Y)Largest decline over 1 year | -44.76% | -30.08% | -14.68% |
Max Drawdown (3Y)Largest decline over 3 years | -46.50% | -30.37% | -16.13% |
Max Drawdown (5Y)Largest decline over 5 years | -49.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -49.29% | — | — |
Current DrawdownCurrent decline from peak | -32.45% | -20.57% | -11.88% |
Average DrawdownAverage peak-to-trough decline | -26.44% | -9.37% | -17.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.92% | 18.48% | +8.44% |
Volatility
BX vs. BAM - Volatility Comparison
Blackstone Inc. (BX) has a higher volatility of 9.31% compared to Brookfield Asset Management Ltd. (BAM) at 7.91%. This indicates that BX's price experiences larger fluctuations and is considered to be riskier than BAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BX | BAM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.31% | 7.91% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 28.89% | 22.92% | +5.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.16% | 29.84% | +5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.56% | 30.08% | +9.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.77% | 30.08% | +5.69% |
Dividends
BX vs. BAM - Dividend Comparison
BX's dividend yield for the trailing twelve months is around 3.89%, which matches BAM's 3.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAM Brookfield Asset Management Ltd. | 3.88% | 3.34% | 2.80% | 3.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BX Blackstone Inc. | 3.89% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
Financials
BX vs. BAM - Financials Comparison
This section allows you to compare key financial metrics between Blackstone Inc. and Brookfield Asset Management Ltd.. 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
BX vs. BAM - Profitability Comparison
BX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Blackstone Inc. reported a gross profit of 4.18B and revenue of 5.04B. Therefore, the gross margin over that period was 82.9%.
BAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Brookfield Asset Management Ltd. reported a gross profit of 0.00 and revenue of 1.34B. Therefore, the gross margin over that period was 0.0%.
BX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Blackstone Inc. reported an operating income of 2.81B and revenue of 5.04B, resulting in an operating margin of 55.7%.
BAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Brookfield Asset Management Ltd. reported an operating income of 0.00 and revenue of 1.34B, resulting in an operating margin of 0.0%.
BX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Blackstone Inc. reported a net income of 1.23B and revenue of 5.04B, resulting in a net margin of 24.4%.
BAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Brookfield Asset Management Ltd. reported a net income of 617.00M and revenue of 1.34B, resulting in a net margin of 46.1%.
Frequently Asked Questions
BX and BAM have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BX has higher volatility (9.31%) compared to BAM (7.91%). In terms of maximum drawdown, BX dropped -88.09% vs BAM's -30.37%.
BAM currently has the higher Sharpe Ratio (-0.63 vs -0.67), 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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