ITW vs. BHP
ITW (Illinois Tool Works Inc.) and BHP (BHP Group Limited) are both stocks. ITW operates in Specialty Industrial Machinery (Industrials), while BHP operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, ITW returned 11.91%/yr vs 23.18%/yr for BHP. At a 0.35 correlation, their price movements are largely independent.
Performance
ITW vs. BHP - Performance Comparison
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Returns By Period
In the year-to-date period, ITW achieves a 5.18% return, which is significantly lower than BHP's 53.40% return. Over the past 10 years, ITW has underperformed BHP with an annualized return of 11.91%, while BHP has yielded a comparatively higher 23.18% annualized return.
ITW
- 1D
- 1.17%
- 1M
- 3.94%
- YTD
- 5.18%
- 6M
- 1.05%
- 1Y
- 9.30%
- 3Y*
- 4.14%
- 5Y*
- 4.45%
- 10Y*
- 11.91%
BHP
- 1D
- 3.20%
- 1M
- 7.61%
- YTD
- 53.40%
- 6M
- 55.28%
- 1Y
- 94.96%
- 3Y*
- 19.44%
- 5Y*
- 16.25%
- 10Y*
- 23.18%
ITW vs. BHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ITW Illinois Tool Works Inc. | 5.18% | -0.43% | -0.97% | 21.56% | -8.46% | 23.60% | 16.42% | 45.60% | -22.10% | 38.92% |
BHP BHP Group Limited | 53.40% | 28.91% | -24.64% | 16.50% | 44.34% | 0.91% | 25.37% | 24.50% | 10.55% | 33.87% |
Correlation
The correlation between ITW and BHP is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.35 |
Fundamentals
ITW:
$14.33
BHP:
$8.51
ITW:
17.96
BHP:
10.67
ITW:
2.98
BHP:
2.95
ITW:
3.47
BHP:
2.15
ITW:
$16.22B
BHP:
$107.64B
ITW:
$7.16B
BHP:
$89.04B
ITW:
$4.61B
BHP:
$52.23B
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Return for Risk
ITW vs. BHP — Risk / Return Rank
ITW
BHP
ITW vs. BHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Illinois Tool Works Inc. (ITW) and BHP Group Limited (BHP). 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.
| ITW | BHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.42 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 4.57 | -4.15 |
| Martin ratioReturn relative to average drawdown | 0.92 | 16.96 | -16.04 |
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Drawdowns
ITW vs. BHP - Drawdown Comparison
The maximum ITW drawdown since its inception was -54.90%, smaller than the maximum BHP drawdown of -76.22%. Use the drawdown chart below to compare losses from any high point for ITW and BHP.
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Drawdown Indicators
| ITW | BHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.90% | -76.22% | +21.32% |
Max Drawdown (1Y)Largest decline over 1 year | -17.44% | -19.80% | +2.36% |
Max Drawdown (3Y)Largest decline over 3 years | -20.63% | -37.21% | +16.58% |
Max Drawdown (5Y)Largest decline over 5 years | -28.05% | -37.21% | +9.16% |
Max Drawdown (10Y)Largest decline over 10 years | -37.85% | -44.29% | +6.44% |
Current DrawdownCurrent decline from peak | -13.53% | -2.50% | -11.03% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -21.28% | +11.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.95% | 5.38% | +2.57% |
Volatility
ITW vs. BHP - Volatility Comparison
The current volatility for Illinois Tool Works Inc. (ITW) is 4.87%, while BHP Group Limited (BHP) has a volatility of 13.72%. This indicates that ITW experiences smaller price fluctuations and is considered to be less risky than BHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITW | BHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 13.72% | -8.85% |
Volatility (6M)Calculated over the trailing 6-month period | 15.90% | 26.69% | -10.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.53% | 32.39% | -11.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 32.44% | -11.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.82% | 32.34% | -8.52% |
Dividends
ITW vs. BHP - Dividend Comparison
ITW's dividend yield for the trailing twelve months is around 2.46%, less than BHP's 2.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHP BHP Group Limited | 2.93% | 3.64% | 5.98% | 4.98% | 22.44% | 9.98% | 3.67% | 8.59% | 4.89% | 3.61% | 1.68% | 9.38% |
ITW Illinois Tool Works Inc. | 2.46% | 2.53% | 2.29% | 2.07% | 2.30% | 1.91% | 2.17% | 2.30% | 2.81% | 1.71% | 1.96% | 2.23% |
Financials
ITW vs. BHP - Financials Comparison
This section allows you to compare key financial metrics between Illinois Tool Works Inc. and BHP Group 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
ITW vs. BHP - Profitability Comparison
ITW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported a gross profit of 1.76B and revenue of 4.02B. Therefore, the gross margin over that period was 43.8%.
BHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BHP Group Limited reported a gross profit of 11.98B and revenue of 27.95B. Therefore, the gross margin over that period was 42.9%.
ITW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported an operating income of 1.02B and revenue of 4.02B, resulting in an operating margin of 25.4%.
BHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BHP Group Limited reported an operating income of 11.98B and revenue of 27.95B, resulting in an operating margin of 42.9%.
ITW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported a net income of 768.00M and revenue of 4.02B, resulting in a net margin of 19.1%.
BHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BHP Group Limited reported a net income of 5.65B and revenue of 27.95B, resulting in a net margin of 20.2%.
Frequently Asked Questions
ITW and BHP have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHP has higher volatility (13.72%) compared to ITW (4.87%). In terms of maximum drawdown, ITW dropped -54.90% vs BHP's -76.22%.
BHP currently has the higher Sharpe Ratio (2.80 vs 0.36), 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.
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