RIO.L vs. USD=X
RIO.L (Rio Tinto PLC) is a stock, while USD=X (USD Cash) is a currency. Over the past 10 years, RIO.L returned 21.95%/yr vs 1.13%/yr for USD=X. At a correlation of -0.12, they often move in opposite directions.
Performance
RIO.L vs. USD=X - Performance Comparison
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Different Trading Currencies
RIO.L is traded in GBp, while USD=X is traded in USD. To make them comparable, the USD=X 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 USD=X's 1.80% return. Over the past 10 years, RIO.L has outperformed USD=X with an annualized return of 21.95%, while USD=X has yielded a comparatively lower 1.13% annualized return.
RIO.L
- 1D
- -2.57%
- 1M
- -3.22%
- YTD
- 26.74%
- 6M
- 30.12%
- 1Y
- 87.98%
- 3Y*
- 19.94%
- 5Y*
- 13.51%
- 10Y*
- 21.95%
USD=X
- 1D
- 0.00%
- 1M
- 1.53%
- YTD
- 1.80%
- 6M
- 1.06%
- 1Y
- 1.73%
- 3Y*
- -1.19%
- 5Y*
- 1.04%
- 10Y*
- 1.13%
RIO.L vs. USD=X - 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% |
USD=X USD Cash | 1.80% | -7.12% | 1.75% | -5.00% | 11.89% | 0.95% | -2.94% | -3.80% | 5.93% | -8.65% |
Correlation
The correlation between RIO.L and USD=X is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2007 | -0.12 |
The correlation between RIO.L and USD=X shifts across timeframes, from -0.20 (1 year) to -0.08 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
RIO.L vs. USD=X — Risk / Return Rank
RIO.L
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RIO.L vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rio Tinto PLC (RIO.L) and USD Cash (USD=X). 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 | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.16 | ||
| Sortino ratioReturn per unit of downside risk | +3.75 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.04 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 6.25 | 0.27 | +5.98 |
| Martin ratioReturn relative to average drawdown | 23.43 | 0.60 | +22.83 |
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Drawdowns
RIO.L vs. USD=X - Drawdown Comparison
The maximum RIO.L drawdown since its inception was -85.07%, which is greater than USD=X's maximum drawdown of -22.85%. Use the drawdown chart below to compare losses from any high point for RIO.L and USD=X.
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Drawdown Indicators
| RIO.L | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.07% | -22.85% | -62.22% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -5.98% | -8.01% |
Max Drawdown (3Y)Largest decline over 3 years | -24.61% | -12.79% | -11.82% |
Max Drawdown (5Y)Largest decline over 5 years | -26.63% | -22.85% | -3.78% |
Max Drawdown (10Y)Largest decline over 10 years | -35.65% | -22.85% | -12.80% |
Current DrawdownCurrent decline from peak | -11.00% | -19.27% | +8.27% |
Average DrawdownAverage peak-to-trough decline | -19.53% | -11.10% | -8.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 2.98% | +0.76% |
Volatility
RIO.L vs. USD=X - Volatility Comparison
Rio Tinto PLC (RIO.L) has a higher volatility of 8.95% compared to USD Cash (USD=X) at 1.65%. This indicates that RIO.L's price experiences larger fluctuations and is considered to be riskier than USD=X 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 | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.95% | 1.65% | +7.30% |
Volatility (6M)Calculated over the trailing 6-month period | 21.82% | 5.34% | +16.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.91% | 5.75% | +20.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.47% | 7.12% | +19.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.43% | 7.89% | +20.54% |
Frequently Asked Questions
RIO.L and USD=X have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for RIO.L and USD=X
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