RIO vs. ENI.MI
RIO (Rio Tinto Group) and ENI.MI (Eni S.p.A.) are both stocks. RIO operates in Other Industrial Metals & Mining (Basic Materials), while ENI.MI operates in Oil & Gas Integrated (Energy). Over the past 10 years, RIO returned 21.75%/yr vs 12.48%/yr for ENI.MI. At a 0.44 correlation, their price movements are largely independent.
Performance
RIO vs. ENI.MI - Performance Comparison
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Different Trading Currencies
RIO is traded in USD, while ENI.MI is traded in EUR. To make them comparable, the ENI.MI values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RIO achieves a 29.64% return, which is significantly lower than ENI.MI's 46.66% return. Over the past 10 years, RIO has outperformed ENI.MI with an annualized return of 21.75%, while ENI.MI has yielded a comparatively lower 12.48% annualized return.
RIO
- 1D
- 0.24%
- 1M
- -4.22%
- YTD
- 29.64%
- 6M
- 42.09%
- 1Y
- 80.02%
- 3Y*
- 23.43%
- 5Y*
- 10.94%
- 10Y*
- 21.75%
ENI.MI
- 1D
- -0.06%
- 1M
- 2.49%
- YTD
- 46.66%
- 6M
- 48.32%
- 1Y
- 89.17%
- 3Y*
- 32.90%
- 5Y*
- 24.61%
- 10Y*
- 12.48%
RIO vs. ENI.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RIO Rio Tinto Group | 29.64% | 44.47% | -15.36% | 11.06% | 18.48% | -3.67% | 36.22% | 33.18% | -2.93% | 44.87% |
ENI.MI Eni S.p.A. | 46.66% | 49.35% | -13.94% | 27.30% | 9.80% | 40.34% | -27.45% | 4.47% | -0.14% | 7.83% |
Correlation
The correlation between RIO and ENI.MI is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since May 29, 2007 | 0.44 |
Over the past year, the correlation between RIO and ENI.MI has dropped to 0.18 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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Return for Risk
RIO vs. ENI.MI — Risk / Return Rank
RIO
ENI.MI
RIO vs. ENI.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rio Tinto Group (RIO) and Eni S.p.A. (ENI.MI). 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.
| RIO | ENI.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.68 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 5.30 | 8.07 | -2.77 |
| Martin ratioReturn relative to average drawdown | 20.21 | 32.28 | -12.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RIO | ENI.MI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.79 | 3.92 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.97 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.45 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.17 | +0.16 |
Drawdowns
RIO vs. ENI.MI - Drawdown Comparison
The maximum RIO drawdown since its inception was -88.97%, which is greater than ENI.MI's maximum drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for RIO and ENI.MI.
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Drawdown Indicators
| RIO | ENI.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.97% | -64.64% | -24.33% |
Max Drawdown (1Y)Largest decline over 1 year | -15.19% | -11.30% | -3.89% |
Max Drawdown (3Y)Largest decline over 3 years | -24.19% | -21.88% | -2.31% |
Max Drawdown (5Y)Largest decline over 5 years | -35.25% | -32.83% | -2.42% |
Max Drawdown (10Y)Largest decline over 10 years | -37.47% | -60.51% | +23.04% |
Current DrawdownCurrent decline from peak | -9.92% | -4.70% | -5.22% |
Average DrawdownAverage peak-to-trough decline | -23.77% | -25.81% | +2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 2.83% | +1.14% |
Volatility
RIO vs. ENI.MI - Volatility Comparison
Rio Tinto Group (RIO) has a higher volatility of 11.37% compared to Eni S.p.A. (ENI.MI) at 7.78%. This indicates that RIO's price experiences larger fluctuations and is considered to be riskier than ENI.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIO | ENI.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.37% | 7.78% | +3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 23.90% | 20.84% | +3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.93% | 23.31% | +5.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.23% | 25.22% | +4.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.63% | 27.52% | +3.11% |
Dividends
RIO vs. ENI.MI - Dividend Comparison
RIO's dividend yield for the trailing twelve months is around 3.98%, less than ENI.MI's 4.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENI.MI Eni S.p.A. | 4.48% | 6.32% | 7.41% | 5.93% | 6.55% | 5.48% | 6.43% | 6.07% | 5.96% | 5.80% | 5.17% | 6.96% |
RIO Rio Tinto Group | 3.98% | 4.66% | 7.40% | 5.40% | 10.48% | 10.23% | 5.13% | 7.68% | 6.32% | 4.47% | 3.93% | 7.58% |
Financials
RIO vs. ENI.MI - Financials Comparison
This section allows you to compare key financial metrics between Rio Tinto Group and Eni S.p.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
Frequently Asked Questions
RIO and ENI.MI have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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