CBA.AX vs. RIO
Compare and contrast key facts about Commonwealth Bank of Australia (CBA.AX) and Rio Tinto Group (RIO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBA.AX or RIO.
Correlation
The correlation between CBA.AX and RIO is 0.29, 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
CBA.AX vs. RIO - Performance Comparison
Key characteristics
CBA.AX:
2.10
RIO:
-0.33
CBA.AX:
2.57
RIO:
-0.33
CBA.AX:
1.35
RIO:
0.96
CBA.AX:
4.33
RIO:
-0.41
CBA.AX:
12.88
RIO:
-0.78
CBA.AX:
3.08%
RIO:
9.83%
CBA.AX:
18.85%
RIO:
22.92%
CBA.AX:
-58.53%
RIO:
-88.97%
CBA.AX:
-6.12%
RIO:
-15.59%
Fundamentals
CBA.AX:
A$265.51B
RIO:
$94.79B
CBA.AX:
A$5.62
RIO:
$6.58
CBA.AX:
28.25
RIO:
8.91
CBA.AX:
2.54
RIO:
0.00
CBA.AX:
A$34.00B
RIO:
$26.80B
CBA.AX:
A$34.00B
RIO:
$8.71B
CBA.AX:
A$7.51B
RIO:
$11.31B
Returns By Period
In the year-to-date period, CBA.AX achieves a -1.29% return, which is significantly lower than RIO's 2.67% return. Both investments have delivered pretty close results over the past 10 years, with CBA.AX having a 11.21% annualized return and RIO not far ahead at 11.27%.
CBA.AX
-1.29%
-4.39%
16.30%
38.05%
16.72%
11.21%
RIO
2.67%
-2.94%
-6.31%
-7.80%
9.30%
11.27%
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Risk-Adjusted Performance
CBA.AX vs. RIO — Risk-Adjusted Performance Rank
CBA.AX
RIO
CBA.AX vs. RIO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Commonwealth Bank of Australia (CBA.AX) and Rio Tinto Group (RIO). 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.
Dividends
CBA.AX vs. RIO - Dividend Comparison
CBA.AX's dividend yield for the trailing twelve months is around 3.07%, less than RIO's 7.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBA.AX Commonwealth Bank of Australia | 3.07% | 3.03% | 4.03% | 3.75% | 3.47% | 3.63% | 5.39% | 5.95% | 5.34% | 5.10% | 4.90% | 4.68% |
RIO Rio Tinto Group | 7.20% | 7.40% | 5.40% | 10.48% | 14.39% | 5.13% | 10.70% | 6.32% | 4.45% | 3.96% | 7.79% | 4.46% |
Drawdowns
CBA.AX vs. RIO - Drawdown Comparison
The maximum CBA.AX drawdown since its inception was -58.53%, smaller than the maximum RIO drawdown of -88.97%. Use the drawdown chart below to compare losses from any high point for CBA.AX and RIO. For additional features, visit the drawdowns tool.
Volatility
CBA.AX vs. RIO - Volatility Comparison
Commonwealth Bank of Australia (CBA.AX) has a higher volatility of 7.26% compared to Rio Tinto Group (RIO) at 4.77%. This indicates that CBA.AX's price experiences larger fluctuations and is considered to be riskier than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CBA.AX vs. RIO - Financials Comparison
This section allows you to compare key financial metrics between Commonwealth Bank of Australia and Rio Tinto Group. 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