RIO vs. HAL
RIO (Rio Tinto Group) and HAL (Halliburton Company) are both stocks. RIO operates in Other Industrial Metals & Mining (Basic Materials), while HAL operates in Oil & Gas Equipment & Services (Energy). Over the past 10 years, RIO returned 21.75%/yr vs 1.02%/yr for HAL. At a 0.35 correlation, their price movements are largely independent.
Performance
RIO vs. HAL - Performance Comparison
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Returns By Period
In the year-to-date period, RIO achieves a 29.64% return, which is significantly lower than HAL's 44.62% return. Over the past 10 years, RIO has outperformed HAL with an annualized return of 21.75%, while HAL has yielded a comparatively lower 1.02% 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%
HAL
- 1D
- 3.37%
- 1M
- 2.11%
- YTD
- 44.62%
- 6M
- 45.55%
- 1Y
- 101.95%
- 3Y*
- 10.25%
- 5Y*
- 12.92%
- 10Y*
- 1.02%
RIO vs. HAL - 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% |
HAL Halliburton Company | 44.62% | 7.02% | -23.19% | -6.47% | 74.45% | 21.99% | -21.23% | -4.90% | -44.63% | -8.18% |
Correlation
The correlation between RIO and HAL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 1990 | 0.35 |
The correlation between RIO and HAL shifts across timeframes, from 0.16 (1 year) to 0.41 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
RIO:
$165.37B
HAL:
$33.98B
RIO:
$13.11
HAL:
$1.82
RIO:
7.70
HAL:
22.29
RIO:
1.48
HAL:
1.55
RIO:
2.66
HAL:
3.14
RIO:
$111.41B
HAL:
$22.17B
RIO:
$31.10B
HAL:
$3.40B
RIO:
$40.42B
HAL:
$3.83B
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Return for Risk
RIO vs. HAL — Risk / Return Rank
RIO
HAL
RIO vs. HAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rio Tinto Group (RIO) and Halliburton Company (HAL). 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 | HAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.42 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 5.30 | 7.82 | -2.53 |
| Martin ratioReturn relative to average drawdown | 20.21 | 20.24 | -0.03 |
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 | HAL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.79 | 2.78 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.32 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.02 | +0.69 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.14 | +0.19 |
Drawdowns
RIO vs. HAL - Drawdown Comparison
The maximum RIO drawdown since its inception was -88.97%, roughly equal to the maximum HAL drawdown of -92.99%. Use the drawdown chart below to compare losses from any high point for RIO and HAL.
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Drawdown Indicators
| RIO | HAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.97% | -92.99% | +4.02% |
Max Drawdown (1Y)Largest decline over 1 year | -15.19% | -13.10% | -2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -24.19% | -54.01% | +29.82% |
Max Drawdown (5Y)Largest decline over 5 years | -35.25% | -54.01% | +18.76% |
Max Drawdown (10Y)Largest decline over 10 years | -37.47% | -91.45% | +53.98% |
Current DrawdownCurrent decline from peak | -9.92% | -31.36% | +21.44% |
Average DrawdownAverage peak-to-trough decline | -23.77% | -39.13% | +15.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 5.06% | -1.09% |
Volatility
RIO vs. HAL - Volatility Comparison
Rio Tinto Group (RIO) has a higher volatility of 11.37% compared to Halliburton Company (HAL) at 10.08%. This indicates that RIO's price experiences larger fluctuations and is considered to be riskier than HAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RIO | HAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.37% | 10.08% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 23.90% | 24.20% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.93% | 36.99% | -8.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.23% | 40.19% | -10.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.63% | 45.98% | -15.35% |
Dividends
RIO vs. HAL - Dividend Comparison
RIO's dividend yield for the trailing twelve months is around 3.98%, more than HAL's 1.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAL Halliburton Company | 1.68% | 2.41% | 2.50% | 1.77% | 1.22% | 0.79% | 1.67% | 2.94% | 2.71% | 1.47% | 1.33% | 2.12% |
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. HAL - Financials Comparison
This section allows you to compare key financial metrics between Rio Tinto Group and Halliburton Company. 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 vs. HAL - Profitability Comparison
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%.
HAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a gross profit of 790.00M and revenue of 5.40B. Therefore, the gross margin over that period was 14.6%.
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%.
HAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported an operating income of 679.00M and revenue of 5.40B, resulting in an operating margin of 12.6%.
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%.
HAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a net income of 461.00M and revenue of 5.40B, resulting in a net margin of 8.5%.
Frequently Asked Questions
RIO and HAL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RIO has higher volatility (11.37%) compared to HAL (10.08%). In terms of maximum drawdown, RIO dropped -88.97% vs HAL's -92.99%.
RIO currently has the higher Sharpe Ratio (2.79 vs 2.78), 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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