RIO vs. MOAT

Last updated Jun 24, 2026

RIO (Rio Tinto Group) is a stock, while MOAT (VanEck Morningstar Wide Moat ETF) is Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Over the past 10 years, RIO returned 20.73%/yr vs 13.64%/yr for MOAT. At a 0.48 correlation, their price movements are largely independent.

Performance

RIO vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rio Tinto Group (RIO) and VanEck Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RIO achieves a 22.77% return, which is significantly higher than MOAT's -2.39% return. Over the past 10 years, RIO has outperformed MOAT with an annualized return of 20.73%, while MOAT has yielded a comparatively lower 13.64% annualized return.

RIO

• 1D: -3.80%
• 1M: -8.30%
• YTD: 22.77%
• 6M: 21.34%
• 1Y: 76.27%
• 3Y*: 21.88%
• 5Y*: 10.27%
• 10Y*: 20.73%

MOAT

• 1D: 0.09%
• 1M: -1.13%
• YTD: -2.39%
• 6M: -2.98%
• 1Y: 12.04%
• 3Y*: 10.36%
• 5Y*: 7.68%
• 10Y*: 13.64%

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

RIO vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RIO Rio Tinto Group	22.77%	44.47%	-15.36%	11.06%	18.48%	-3.67%	36.22%	33.18%	-2.93%	44.87%
MOAT VanEck Morningstar Wide Moat ETF	-2.39%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%

Correlation

The correlation between RIO and MOAT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Apr 25, 2012	0.48

The correlation between RIO and MOAT shifts across timeframes, from 0.32 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RIO vs. MOAT — Risk / Return Rank

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

RIO

RIO Risk / Return Rank: 92
RIO Sharpe Ratio Rank: 93
RIO Sortino Ratio Rank: 90
RIO Omega Ratio Rank: 89
RIO Calmar Ratio Rank: 92
RIO Martin Ratio Rank: 95

MOAT

MOAT Risk / Return Rank: 23
MOAT Sharpe Ratio Rank: 25
MOAT Sortino Ratio Rank: 24
MOAT Omega Ratio Rank: 22
MOAT Calmar Ratio Rank: 22
MOAT Martin Ratio Rank: 24

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.

RIO vs. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rio Tinto Group (RIO) and VanEck Morningstar Wide Moat ETF (MOAT). 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	MOAT	Difference
Sharpe ratio: Return per unit of total volatility	2.59	0.87	+1.72
Sortino ratio: Return per unit of downside risk	3.12	1.32	+1.80
Omega ratio: Gain probability vs. loss probability	1.40	1.15	+0.25
Calmar ratio: Return relative to maximum drawdown	5.05	0.97	+4.08
Martin ratio: Return relative to average drawdown	17.65	2.92	+14.73

RIO vs. MOAT - Sharpe Ratio Comparison

The current RIO Sharpe Ratio is 2.59, which is higher than the MOAT Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of RIO and MOAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RIO vs. MOAT - Drawdown Comparison

The maximum RIO drawdown since its inception was -88.97%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for RIO and MOAT.

Drawdown Indicators

	RIO	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-88.97%	-33.31%	-55.66%
Max Drawdown (1Y) Largest decline over 1 year	-15.19%	-12.43%	-2.76%
Max Drawdown (3Y) Largest decline over 3 years	-24.19%	-21.44%	-2.75%
Max Drawdown (5Y) Largest decline over 5 years	-35.25%	-23.96%	-11.29%
Max Drawdown (10Y) Largest decline over 10 years	-37.47%	-33.31%	-4.16%
Current Drawdown Current decline from peak	-14.69%	-6.12%	-8.57%
Average Drawdown Average peak-to-trough decline	-23.75%	-3.83%	-19.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	4.13%	+0.21%

Volatility

RIO vs. MOAT - Volatility Comparison

Rio Tinto Group (RIO) has a higher volatility of 10.89% compared to VanEck Morningstar Wide Moat ETF (MOAT) at 4.72%. This indicates that RIO's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIO	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.89%	4.72%	+6.17%
Volatility (6M) Calculated over the trailing 6-month period	24.91%	10.23%	+14.68%
Volatility (1Y) Calculated over the trailing 1-year period	29.70%	13.99%	+15.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.37%	18.24%	+11.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.56%	18.65%	+11.91%

Dividends

RIO vs. MOAT - Dividend Comparison

RIO's dividend yield for the trailing twelve months is around 4.21%, more than MOAT's 1.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Morningstar Wide Moat ETF	1.39%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
RIO Rio Tinto Group	4.21%	4.66%	7.40%	5.40%	10.48%	10.23%	5.13%	7.68%	6.32%	4.47%	3.93%	7.58%

Frequently Asked Questions

Can I hold both RIO and MOAT in my portfolio?

RIO and MOAT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RIO or MOAT?

RIO has higher volatility (10.89%) compared to MOAT (4.72%). In terms of maximum drawdown, RIO dropped -88.97% vs MOAT's -33.31%.

Which has better risk-adjusted returns?

RIO currently has the higher Sharpe Ratio (2.59 vs 0.87), 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.