LGO vs. BIL
LGO (Largo Resources Ltd) is a stock, while BIL (SPDR Bloomberg 1-3 Month T-Bill ETF) is Government Bonds fund tracking the Bloomberg 1-3 Month U.S. Treasury Bill Index. Over the past 10 years, LGO returned -18.69%/yr vs 2.24%/yr for BIL. Their 0.01 correlation means their historical movements had little consistent relationship.
Performance
LGO vs. BIL - Performance Comparison
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Returns By Period
In the year-to-date period, LGO achieves a -37.08% return, which is significantly lower than BIL's 2.08% return. Over the past 10 years, LGO has underperformed BIL with an annualized return of -18.69%, while BIL has yielded a comparatively higher 2.24% annualized return.
LGO
- 1D
- 0.56%
- 1M
- -24.36%
- 6M
- -52.63%
- YTD
- -37.08%
- 1Y
- -53.93%
- 3Y*
- -49.24%
- 5Y*
- -48.59%
- 10Y*
- -18.69%
- ALL TIME*
- -22.82%
BIL
- 1D
- 0.03%
- 1M
- 0.26%
- 6M
- 1.78%
- YTD
- 2.08%
- 1Y
- 3.76%
- 3Y*
- 4.56%
- 5Y*
- 3.54%
- 10Y*
- 2.24%
- ALL TIME*
- 1.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $778.54M | $838.53M | $900.58M | |
| $258.01K | $762.95K | $1.27M |
LGO vs. BIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGO Largo Resources Ltd | -37.08% | -45.51% | -25.54% | -57.06% | -41.90% | -16.18% | 43.48% | -62.79% | 93.41% | 179.30% |
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 2.08% | 4.15% | 5.19% | 4.94% | 1.40% | -0.10% | 0.40% | 2.03% | 1.74% | 0.69% |
Correlation
The correlation between LGO and BIL is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.03 |
Correlation (3Y) Balances recent behavior with more history. | -0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.04 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.01 |
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Return for Risk
LGO vs. BIL — Risk / Return Rank
LGO
BIL
LGO vs. BIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Largo Resources Ltd (LGO) and SPDR Bloomberg 1-3 Month T-Bill ETF (BIL). 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.
| LGO | BIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.74 | ||
| Sortino ratioReturn per unit of downside risk | -153.68 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 69.35 | -68.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 349.28 | -350.01 |
| Martin ratioReturn relative to average drawdown | -1.10 | 2,476.90 | -2,478.00 |
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Drawdowns
LGO vs. BIL - Drawdown Comparison
The maximum LGO drawdown since its inception was -99.31%, which is greater than BIL's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for LGO and BIL.
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Drawdown Indicators
| LGO | BIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.31% | -0.78% | -98.53% |
Max Drawdown (1Y)Largest decline over 1 year | -76.87% | -0.01% | -76.86% |
Max Drawdown (3Y)Largest decline over 3 years | -86.54% | -0.01% | -86.53% |
Max Drawdown (5Y)Largest decline over 5 years | -96.53% | -0.08% | -96.45% |
Max Drawdown (10Y)Largest decline over 10 years | -98.33% | -0.21% | -98.12% |
Current DrawdownCurrent decline from peak | -99.30% | 0.00% | -99.30% |
Average DrawdownAverage peak-to-trough decline | -81.78% | -0.26% | -81.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.17% | 0.00% | +51.17% |
Volatility
LGO vs. BIL - Volatility Comparison
Largo Resources Ltd (LGO) has a higher volatility of 20.00% compared to SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that LGO's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGO | BIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.00% | 0.07% | +19.93% |
Volatility (6M)Calculated over the trailing 6-month period | 58.99% | 0.14% | +58.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.41% | 0.20% | +92.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.63% | 0.26% | +71.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.59% | 0.26% | +76.33% |
Dividends
LGO vs. BIL - Dividend Comparison
LGO has not paid dividends to shareholders, while BIL's dividend yield for the trailing twelve months is around 3.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BIL SPDR Bloomberg 1-3 Month T-Bill ETF | 3.46% | 4.13% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% |
LGO Largo Resources Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGO and BIL have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LGO has higher volatility (20.00%) compared to BIL (0.07%). In terms of maximum drawdown, LGO dropped -99.31% vs BIL's -0.78%.
BIL currently has the higher Sharpe Ratio (19.13 vs -0.61), 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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