CMBT vs. BWLP
CMBT (Cmb.Tech NV) and BWLP (BW LPG Limited) are both stocks. CMBT operates in Oil & Gas Midstream (Energy), while BWLP operates in Marine Shipping (Industrials). Over the past 10 years, CMBT returned 10.54%/yr vs 65.84%/yr for BWLP. At a 0.18 correlation, their price movements are largely independent.
Performance
CMBT vs. BWLP - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with CMBT having a 62.83% return and BWLP slightly lower at 60.26%. Over the past 10 years, CMBT has underperformed BWLP with an annualized return of 10.54%, while BWLP has yielded a comparatively higher 65.84% annualized return.
CMBT
- 1D
- -2.31%
- 1M
- 8.35%
- YTD
- 62.83%
- 6M
- 41.94%
- 1Y
- 68.06%
- 3Y*
- 8.84%
- 5Y*
- 17.06%
- 10Y*
- 10.54%
BWLP
- 1D
- -0.05%
- 1M
- 0.20%
- YTD
- 60.26%
- 6M
- 73.26%
- 1Y
- 109.04%
- 3Y*
- 66.19%
- 5Y*
- 123.22%
- 10Y*
- 65.84%
CMBT vs. BWLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMBT Cmb.Tech NV | 62.83% | -2.30% | -35.19% | 17.73% | 93.21% | 12.61% | -24.34% | 83.37% | -24.03% | 20.60% |
BWLP BW LPG Limited | 60.26% | 29.04% | 0.32% | 770.27% | 272.29% | 3.97% | 1.05% | 121.88% | 7.61% | -0.95% |
Correlation
The correlation between CMBT and BWLP is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2015 | 0.18 |
Over the past year, CMBT and BWLP have become more correlated (0.49) than their long-term average of 0.18, meaning their price movements have been converging.
Fundamentals
CMBT:
$4.30B
BWLP:
$3.07B
CMBT:
$1.91
BWLP:
$2.39
CMBT:
7.77
BWLP:
8.47
CMBT:
0.18
BWLP:
0.44
CMBT:
1.92
BWLP:
0.85
CMBT:
1.46
BWLP:
1.61
CMBT:
$1.95B
BWLP:
$3.59B
CMBT:
$698.20M
BWLP:
$697.29M
CMBT:
$1.01B
BWLP:
$728.22M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CMBT vs. BWLP — Risk / Return Rank
CMBT
BWLP
CMBT vs. BWLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cmb.Tech NV (CMBT) and BW LPG Limited (BWLP). 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.
| CMBT | BWLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.43 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.47 | 4.21 | -0.74 |
| Martin ratioReturn relative to average drawdown | 8.07 | 9.31 | -1.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CMBT | BWLP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.93 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 1.16 | -0.76 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.75 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.62 | -0.39 |
Drawdowns
CMBT vs. BWLP - Drawdown Comparison
The maximum CMBT drawdown since its inception was -57.21%, smaller than the maximum BWLP drawdown of -68.80%. Use the drawdown chart below to compare losses from any high point for CMBT and BWLP.
Loading charts...
Drawdown Indicators
| CMBT | BWLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.21% | -68.80% | +11.59% |
Max Drawdown (1Y)Largest decline over 1 year | -19.70% | -26.04% | +6.34% |
Max Drawdown (3Y)Largest decline over 3 years | -57.21% | -54.28% | -2.93% |
Max Drawdown (5Y)Largest decline over 5 years | -57.21% | -54.28% | -2.93% |
Max Drawdown (10Y)Largest decline over 10 years | -57.21% | -68.80% | +11.59% |
Current DrawdownCurrent decline from peak | -14.00% | -10.57% | -3.43% |
Average DrawdownAverage peak-to-trough decline | -25.24% | -20.72% | -4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.46% | 11.76% | -3.30% |
Volatility
CMBT vs. BWLP - Volatility Comparison
Cmb.Tech NV (CMBT) has a higher volatility of 14.34% compared to BW LPG Limited (BWLP) at 10.83%. This indicates that CMBT's price experiences larger fluctuations and is considered to be riskier than BWLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CMBT | BWLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.34% | 10.83% | +3.51% |
Volatility (6M)Calculated over the trailing 6-month period | 29.01% | 28.63% | +0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.77% | 37.39% | +4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.91% | 107.07% | -64.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.05% | 89.66% | -48.61% |
Dividends
CMBT vs. BWLP - Dividend Comparison
CMBT's dividend yield for the trailing twelve months is around 6.08%, more than BWLP's 5.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWLP BW LPG Limited | 5.89% | 10.08% | 33.42% | 70.60% | 81.52% | 24.41% | 18.45% | 7.70% | 0.00% | 0.00% | 61.62% | 31.19% |
CMBT Cmb.Tech NV | 6.08% | 0.52% | 25.18% | 12.23% | 0.70% | 1.35% | 20.75% | 0.96% | 1.73% | 3.03% | 17.23% | 6.35% |
Financials
CMBT vs. BWLP - Financials Comparison
This section allows you to compare key financial metrics between Cmb.Tech NV and BW LPG Limited. 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
CMBT vs. BWLP - Profitability Comparison
CMBT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cmb.Tech NV reported a gross profit of 176.90M and revenue of 513.16M. Therefore, the gross margin over that period was 34.5%.
BWLP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BW LPG Limited reported a gross profit of 280.57M and revenue of 842.01M. Therefore, the gross margin over that period was 33.3%.
CMBT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cmb.Tech NV reported an operating income of 149.46M and revenue of 513.16M, resulting in an operating margin of 29.1%.
BWLP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BW LPG Limited reported an operating income of 222.27M and revenue of 842.01M, resulting in an operating margin of 26.4%.
CMBT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cmb.Tech NV reported a net income of 364.24M and revenue of 513.16M, resulting in a net margin of 71.0%.
BWLP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BW LPG Limited reported a net income of 164.89M and revenue of 842.01M, resulting in a net margin of 19.6%.
Frequently Asked Questions
CMBT and BWLP have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMBT has higher volatility (14.34%) compared to BWLP (10.83%). In terms of maximum drawdown, CMBT dropped -57.21% vs BWLP's -68.80%.
BWLP currently has the higher Sharpe Ratio (2.93 vs 1.66), 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.
Find the right allocation for CMBT and BWLP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer