NABZY vs. RIO

Last updated Jun 4, 2026

NABZY (National Australia Bank Ltd ADR) and RIO (Rio Tinto Group) are both stocks. NABZY operates in Banks - Diversified (Financial Services), while RIO operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, NABZY returned 9.76%/yr vs 22.38%/yr for RIO. At a 0.49 correlation, their price movements are largely independent.

Performance

NABZY vs. RIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Australia Bank Ltd ADR (NABZY) and Rio Tinto Group (RIO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NABZY achieves a -4.09% return, which is significantly lower than RIO's 38.54% return. Over the past 10 years, NABZY has underperformed RIO with an annualized return of 9.76%, while RIO has yielded a comparatively higher 22.38% annualized return.

NABZY

• 1D: -1.42%
• 1M: -3.19%
• YTD: -4.09%
• 6M: 1.16%
• 1Y: 10.68%
• 3Y*: 21.09%
• 5Y*: 9.43%
• 10Y*: 9.76%

RIO

• 1D: -3.41%
• 1M: 9.36%
• YTD: 38.54%
• 6M: 49.27%
• 1Y: 92.97%
• 3Y*: 27.11%
• 5Y*: 11.69%
• 10Y*: 22.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NABZY vs. RIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NABZY National Australia Bank Ltd ADR	-4.09%	28.38%	14.94%	8.79%	1.20%	29.44%	4.63%	7.33%	-20.32%	10.66%
RIO Rio Tinto Group	38.54%	44.47%	-15.36%	11.06%	18.48%	-3.67%	36.22%	33.18%	-2.93%	44.87%

Correlation

The correlation between NABZY and RIO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007	0.49

The correlation between NABZY and RIO shifts across timeframes, from 0.33 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NABZY : $81.14B RIO : $176.72B
EPS NABZY : $2.04 RIO : $13.11
PE Ratio NABZY : 6.47 RIO : 8.23
PS Ratio NABZY : 1.07 RIO : 1.59
PB Ratio NABZY : 1.35 RIO : 2.84
Total Revenue (TTM) NABZY : $76.82B RIO : $111.41B
Gross Profit (TTM) NABZY : $40.43B RIO : $31.10B
EBITDA (TTM) NABZY : $9.35B RIO : $40.42B

Return for Risk

NABZY vs. RIO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NABZY

NABZY Risk / Return Rank: 51
NABZY Sharpe Ratio Rank: 55
NABZY Sortino Ratio Rank: 47
NABZY Omega Ratio Rank: 47
NABZY Calmar Ratio Rank: 50
NABZY Martin Ratio Rank: 53

RIO

RIO Risk / Return Rank: 94
RIO Sharpe Ratio Rank: 95
RIO Sortino Ratio Rank: 93
RIO Omega Ratio Rank: 92
RIO Calmar Ratio Rank: 93
RIO Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NABZY vs. RIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for National Australia Bank Ltd ADR (NABZY) 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.

	NABZY	RIO	Difference
Sharpe ratio Return per unit of total volatility	0.41	3.29	-2.88
Sortino ratio Return per unit of downside risk	0.73	3.81	-3.09
Omega ratio Gain probability vs. loss probability	1.09	1.50	-0.41
Calmar ratio Return relative to maximum drawdown	0.43	6.16	-5.72
Martin ratio Return relative to average drawdown	1.17	24.21	-23.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NABZY vs. RIO - Sharpe Ratio Comparison

The current NABZY Sharpe Ratio is 0.41, which is lower than the RIO Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of NABZY and RIO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NABZY	RIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	3.29	-2.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.40	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.73	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	0.34	-0.53

Drawdowns

NABZY vs. RIO - Drawdown Comparison

The maximum NABZY drawdown since its inception was -95.64%, which is greater than RIO's maximum drawdown of -88.97%. Use the drawdown chart below to compare losses from any high point for NABZY and RIO.

Drawdown Indicators

	NABZY	RIO	Difference
Max Drawdown Largest peak-to-trough decline	-95.64%	-88.97%	-6.67%
Max Drawdown (1Y) Largest decline over 1 year	-24.72%	-15.19%	-9.53%
Max Drawdown (3Y) Largest decline over 3 years	-30.10%	-24.19%	-5.91%
Max Drawdown (5Y) Largest decline over 5 years	-30.10%	-35.25%	+5.15%
Max Drawdown (10Y) Largest decline over 10 years	-62.94%	-37.47%	-25.47%
Current Drawdown Current decline from peak	-80.35%	-3.73%	-76.62%
Average Drawdown Average peak-to-trough decline	-82.99%	-23.78%	-59.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.16%	3.85%	+5.31%

Volatility

NABZY vs. RIO - Volatility Comparison

The current volatility for National Australia Bank Ltd ADR (NABZY) is 6.45%, while Rio Tinto Group (RIO) has a volatility of 11.49%. This indicates that NABZY experiences smaller price fluctuations and is considered to be less risky than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NABZY	RIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	11.49%	-5.04%
Volatility (6M) Calculated over the trailing 6-month period	19.90%	23.38%	-3.48%
Volatility (1Y) Calculated over the trailing 1-year period	25.99%	28.44%	-2.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.32%	29.16%	-2.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.24%	30.66%	-2.42%

Dividends

NABZY vs. RIO - Dividend Comparison

NABZY's dividend yield for the trailing twelve months is around 4.41%, more than RIO's 3.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NABZY National Australia Bank Ltd ADR	4.41%	3.92%	4.82%	5.15%	5.05%	6.59%	2.28%	6.62%	8.31%	6.41%	13.52%	10.20%
RIO Rio Tinto Group	3.73%	4.66%	7.40%	5.40%	10.48%	10.23%	5.13%	7.68%	6.32%	4.47%	3.93%	7.58%

Financials

NABZY vs. RIO - Profitability Comparison

The chart below illustrates the profitability comparison between National Australia Bank Ltd ADR and Rio Tinto Group over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NABZY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Australia Bank Ltd ADR reported a gross profit of 10.38B and revenue of 28.03B. Therefore, the gross margin over that period was 37.1%.

RIO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a gross profit of 8.15B and revenue of 30.65B. Therefore, the gross margin over that period was 26.6%.

NABZY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Australia Bank Ltd ADR reported an operating income of 3.78B and revenue of 28.03B, resulting in an operating margin of 13.5%.

RIO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported an operating income of 8.15B and revenue of 30.65B, resulting in an operating margin of 26.6%.

NABZY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Australia Bank Ltd ADR reported a net income of 2.70B and revenue of 28.03B, resulting in a net margin of 9.6%.

RIO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto Group reported a net income of 5.42B and revenue of 30.65B, resulting in a net margin of 17.7%.

Frequently Asked Questions

Can I hold both NABZY and RIO in my portfolio?

NABZY and RIO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NABZY or RIO?

RIO has higher volatility (11.49%) compared to NABZY (6.45%). In terms of maximum drawdown, NABZY dropped -95.64% vs RIO's -88.97%.

Which has better risk-adjusted returns?

RIO currently has the higher Sharpe Ratio (3.29 vs 0.41), 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.