HEIA.AS vs. BTI
HEIA.AS (Heineken N.V.) and BTI (British American Tobacco p.l.c.) are both stocks. Both are in the Consumer Defensive sector — HEIA.AS in Beverages - Brewers, BTI in Tobacco. Over the past 10 years, HEIA.AS returned 0.71%/yr vs 7.34%/yr for BTI. At a 0.30 correlation, their price movements are largely independent.
Performance
HEIA.AS vs. BTI - Performance Comparison
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Different Trading Currencies
HEIA.AS is traded in EUR, while BTI is traded in USD. To make them comparable, the BTI values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, HEIA.AS achieves a 2.90% return, which is significantly lower than BTI's 13.39% return. Over the past 10 years, HEIA.AS has underperformed BTI with an annualized return of 0.71%, while BTI has yielded a comparatively higher 7.34% annualized return.
HEIA.AS
- 1D
- -0.20%
- 1M
- 8.79%
- YTD
- 2.90%
- 6M
- 3.05%
- 1Y
- -7.15%
- 3Y*
- -6.97%
- 5Y*
- -4.45%
- 10Y*
- 0.71%
BTI
- 1D
- 1.60%
- 1M
- -3.77%
- YTD
- 13.39%
- 6M
- 13.86%
- 1Y
- 35.10%
- 3Y*
- 31.45%
- 5Y*
- 19.04%
- 10Y*
- 7.34%
HEIA.AS vs. BTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEIA.AS Heineken N.V. | 2.90% | 4.12% | -23.78% | 6.71% | -9.72% | 9.48% | -2.55% | 25.08% | -9.63% | 23.99% |
BTI British American Tobacco p.l.c. | 13.39% | 46.13% | 44.38% | -22.37% | 22.03% | 16.02% | -12.58% | 46.20% | -46.98% | 9.11% |
Correlation
The correlation between HEIA.AS and BTI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2007 | 0.30 |
The correlation between HEIA.AS and BTI shifts across timeframes, from 0.16 (3 years) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HEIA.AS vs. BTI — Risk / Return Rank
HEIA.AS
BTI
HEIA.AS vs. BTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heineken N.V. (HEIA.AS) and British American Tobacco p.l.c. (BTI). 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.
| HEIA.AS | BTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.66 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.27 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 2.64 | -3.15 |
| Martin ratioReturn relative to average drawdown | -0.79 | 5.97 | -6.77 |
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Drawdowns
HEIA.AS vs. BTI - Drawdown Comparison
The maximum HEIA.AS drawdown since its inception was -58.39%, which is greater than BTI's maximum drawdown of -54.94%. Use the drawdown chart below to compare losses from any high point for HEIA.AS and BTI.
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Drawdown Indicators
| HEIA.AS | BTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.39% | -54.94% | -3.45% |
Max Drawdown (1Y)Largest decline over 1 year | -18.67% | -13.72% | -4.95% |
Max Drawdown (3Y)Largest decline over 3 years | -33.38% | -13.87% | -19.51% |
Max Drawdown (5Y)Largest decline over 5 years | -37.50% | -28.61% | -8.89% |
Max Drawdown (10Y)Largest decline over 10 years | -37.50% | -54.94% | +17.44% |
Current DrawdownCurrent decline from peak | -28.21% | -5.74% | -22.47% |
Average DrawdownAverage peak-to-trough decline | -14.50% | -16.16% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.94% | 6.06% | +5.88% |
Volatility
HEIA.AS vs. BTI - Volatility Comparison
Heineken N.V. (HEIA.AS) has a higher volatility of 8.51% compared to British American Tobacco p.l.c. (BTI) at 7.87%. This indicates that HEIA.AS's price experiences larger fluctuations and is considered to be riskier than BTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEIA.AS | BTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 7.87% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 16.79% | 18.61% | -1.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.22% | 23.29% | -1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.03% | 20.42% | +1.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.23% | 23.97% | -2.74% |
Dividends
HEIA.AS vs. BTI - Dividend Comparison
HEIA.AS's dividend yield for the trailing twelve months is around 2.69%, less than BTI's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTI British American Tobacco p.l.c. | 4.95% | 5.29% | 8.18% | 9.72% | 7.23% | 7.98% | 7.22% | 6.35% | 8.53% | 4.27% | 3.85% | 4.11% |
HEIA.AS Heineken N.V. | 2.69% | 2.74% | 2.52% | 2.09% | 1.66% | 0.99% | 1.14% | 1.74% | 1.97% | 1.56% | 1.94% | 1.50% |
Financials
HEIA.AS vs. BTI - Financials Comparison
This section allows you to compare key financial metrics between Heineken N.V. and British American Tobacco p.l.c.. 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
Frequently Asked Questions
HEIA.AS and BTI have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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