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:
-0.84
BP:
-0.89
BZ=F:
-1.05
BP:
-1.08
BZ=F:
0.87
BP:
0.85
BZ=F:
-0.40
BP:
-0.86
BZ=F:
-1.64
BP:
-1.51
BZ=F:
13.34%
BP:
15.06%
BZ=F:
25.32%
BP:
25.47%
BZ=F:
-86.77%
BP:
-69.44%
BZ=F:
-55.11%
BP:
-24.61%
Returns By Period
In the year-to-date period, BZ=F achieves a -12.14% return, which is significantly lower than BP's -2.64% return. Over the past 10 years, BZ=F has underperformed BP with an annualized return of 1.01%, while BP has yielded a comparatively higher 2.40% annualized return.
BZ=F
-12.14%
-5.37%
-15.30%
-27.66%
13.14%
1.01%
BP
-2.64%
-10.98%
-11.06%
-21.85%
8.43%
2.40%
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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 10.61%, while BP p.l.c. (BP) has a volatility of 13.34%. 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.