RIO.L vs. SAN
RIO.L (Rio Tinto PLC) and SAN (Banco Santander, S.A.) are both stocks. RIO.L operates in Other Industrial Metals & Mining (Basic Materials), while SAN operates in Banks - Diversified (Financial Services). Over the past 10 years, RIO.L returned 21.95%/yr vs 17.76%/yr for SAN. At a 0.32 correlation, their price movements are largely independent.
Performance
RIO.L vs. SAN - Performance Comparison
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Different Trading Currencies
RIO.L is traded in GBp, while SAN is traded in USD. To make them comparable, the SAN values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, RIO.L achieves a 26.74% return, which is significantly higher than SAN's 18.84% return. Over the past 10 years, RIO.L has outperformed SAN with an annualized return of 21.95%, while SAN has yielded a comparatively lower 17.76% annualized return.
RIO.L
- 1D
- -2.57%
- 1M
- -4.81%
- YTD
- 26.74%
- 6M
- 30.12%
- 1Y
- 87.48%
- 3Y*
- 19.94%
- 5Y*
- 13.51%
- 10Y*
- 21.95%
SAN
- 1D
- 1.88%
- 1M
- 14.01%
- YTD
- 18.84%
- 6M
- 18.27%
- 1Y
- 73.80%
- 3Y*
- 61.08%
- 5Y*
- 33.78%
- 10Y*
- 17.76%
RIO.L vs. SAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RIO.L Rio Tinto PLC | 26.74% | 34.77% | -13.38% | 6.96% | 32.01% | 0.26% | 30.37% | 28.27% | 0.31% | 31.42% |
SAN Banco Santander, S.A. | 18.84% | 145.86% | 16.97% | 38.89% | 4.48% | 11.45% | -24.29% | -6.03% | -24.25% | 20.84% |
Correlation
The correlation between RIO.L and SAN is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2007 | 0.32 |
Fundamentals
RIO.L:
£121.15B
SAN:
$198.15B
RIO.L:
$13.15
SAN:
€1.06
RIO.L:
7.44
SAN:
11.08
RIO.L:
1.44
SAN:
2.40
RIO.L:
2.58
SAN:
1.63
RIO.L:
$111.44B
SAN:
€74.92B
RIO.L:
$45.93B
SAN:
€46.97B
RIO.L:
$44.33B
SAN:
€21.14B
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Return for Risk
RIO.L vs. SAN — Risk / Return Rank
RIO.L
SAN
RIO.L vs. SAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rio Tinto PLC (RIO.L) and Banco Santander, S.A. (SAN). 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.
| RIO.L | SAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.99 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.37 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 6.25 | 3.98 | +2.28 |
| Martin ratioReturn relative to average drawdown | 23.43 | 12.55 | +10.87 |
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Drawdowns
RIO.L vs. SAN - Drawdown Comparison
The maximum RIO.L drawdown since its inception was -85.07%, which is greater than SAN's maximum drawdown of -75.68%. Use the drawdown chart below to compare losses from any high point for RIO.L and SAN.
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Drawdown Indicators
| RIO.L | SAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.07% | -75.68% | -9.39% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -19.00% | +5.01% |
Max Drawdown (3Y)Largest decline over 3 years | -24.61% | -19.00% | -5.61% |
Max Drawdown (5Y)Largest decline over 5 years | -26.63% | -32.11% | +5.48% |
Max Drawdown (10Y)Largest decline over 10 years | -35.65% | -70.89% | +35.24% |
Current DrawdownCurrent decline from peak | -11.00% | 0.00% | -11.00% |
Average DrawdownAverage peak-to-trough decline | -19.53% | -34.52% | +14.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 6.01% | -2.27% |
Volatility
RIO.L vs. SAN - Volatility Comparison
The current volatility for Rio Tinto PLC (RIO.L) is 8.95%, while Banco Santander, S.A. (SAN) has a volatility of 10.15%. This indicates that RIO.L experiences smaller price fluctuations and is considered to be less risky than SAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIO.L | SAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.95% | 10.15% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 21.82% | 26.00% | -4.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.91% | 31.47% | -5.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.47% | 31.42% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.43% | 33.89% | -5.46% |
Dividends
RIO.L vs. SAN - Dividend Comparison
RIO.L's dividend yield for the trailing twelve months is around 4.06%, more than SAN's 2.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIO.L Rio Tinto PLC | 4.06% | 4.75% | 7.16% | 5.53% | 9.90% | 14.14% | 5.43% | 5.76% | 6.07% | 4.66% | 3.42% | 7.42% |
SAN Banco Santander, S.A. | 2.07% | 2.11% | 4.63% | 3.58% | 3.83% | 2.71% | 0.00% | 6.20% | 5.83% | 4.60% | 3.29% | 7.06% |
Financials
RIO.L vs. SAN - Financials Comparison
This section allows you to compare key financial metrics between Rio Tinto PLC and Banco Santander, S.A.. 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
RIO.L vs. SAN - Profitability Comparison
RIO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported a gross profit of 8.22B and revenue of 30.91B. Therefore, the gross margin over that period was 26.6%.
SAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Banco Santander, S.A. reported a gross profit of 12.95B and revenue of 31.44B. Therefore, the gross margin over that period was 41.2%.
RIO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported an operating income of 8.22B and revenue of 30.91B, resulting in an operating margin of 26.6%.
SAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Banco Santander, S.A. reported an operating income of 5.11B and revenue of 31.44B, resulting in an operating margin of 16.3%.
RIO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported a net income of 5.46B and revenue of 30.91B, resulting in a net margin of 17.7%.
SAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Banco Santander, S.A. reported a net income of 5.54B and revenue of 31.44B, resulting in a net margin of 17.6%.
Frequently Asked Questions
RIO.L and SAN have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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