BZ=F vs. BP
Compare and contrast key facts about Crude Oil Brent (BZ=F) and BP p.l.c. (BP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BZ=F or BP.
Correlation
The correlation between BZ=F and BP is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BZ=F vs. BP - Performance Comparison
Key characteristics
BZ=F:
-0.69
BP:
-0.00
BZ=F:
-0.85
BP:
0.14
BZ=F:
0.90
BP:
1.02
BZ=F:
-0.32
BP:
-0.00
BZ=F:
-1.14
BP:
-0.00
BZ=F:
14.95%
BP:
14.39%
BZ=F:
23.73%
BP:
21.85%
BZ=F:
-86.77%
BP:
-69.44%
BZ=F:
-48.49%
BP:
-9.65%
Returns By Period
In the year-to-date period, BZ=F achieves a 0.80% return, which is significantly lower than BP's 16.68% return. Over the past 10 years, BZ=F has underperformed BP with an annualized return of 1.98%, while BP has yielded a comparatively higher 3.85% annualized return.
BZ=F
0.80%
-5.86%
-7.16%
-7.79%
5.28%
1.98%
BP
16.68%
10.94%
2.71%
1.82%
4.28%
3.85%
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Risk-Adjusted Performance
BZ=F vs. BP — Risk-Adjusted Performance Rank
BZ=F
BP
BZ=F vs. BP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crude Oil Brent (BZ=F) and BP p.l.c. (BP). 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.
Drawdowns
BZ=F vs. BP - Drawdown Comparison
The maximum BZ=F drawdown since its inception was -86.77%, which is greater than BP's maximum drawdown of -69.44%. Use the drawdown chart below to compare losses from any high point for BZ=F and BP. For additional features, visit the drawdowns tool.
Volatility
BZ=F vs. BP - Volatility Comparison
The current volatility for Crude Oil Brent (BZ=F) is 5.05%, while BP p.l.c. (BP) has a volatility of 7.70%. This indicates that BZ=F experiences smaller price fluctuations and is considered to be less risky than BP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.