SPGI vs. RIO.L
SPGI (S&P Global Inc.) and RIO.L (Rio Tinto PLC) are both stocks. SPGI operates in Financial Data & Stock Exchanges (Financial Services), while RIO.L operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, SPGI returned 15.58%/yr vs 22.04%/yr for RIO.L. At a 0.24 correlation, their price movements are largely independent.
Performance
SPGI vs. RIO.L - Performance Comparison
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Different Trading Currencies
SPGI is traded in USD, while RIO.L is traded in GBp. To make them comparable, the RIO.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPGI achieves a -19.82% return, which is significantly lower than RIO.L's 29.22% return. Over the past 10 years, SPGI has underperformed RIO.L with an annualized return of 15.58%, while RIO.L has yielded a comparatively higher 22.04% annualized return.
SPGI
- 1D
- -1.73%
- 1M
- -0.49%
- YTD
- -19.82%
- 6M
- -14.85%
- 1Y
- -19.02%
- 3Y*
- 3.63%
- 5Y*
- 2.49%
- 10Y*
- 15.58%
RIO.L
- 1D
- 0.08%
- 1M
- -3.38%
- YTD
- 29.22%
- 6M
- 42.87%
- 1Y
- 81.14%
- 3Y*
- 23.68%
- 5Y*
- 11.89%
- 10Y*
- 22.04%
SPGI vs. RIO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPGI S&P Global Inc. | -19.82% | 5.71% | 13.94% | 32.79% | -28.38% | 44.68% | 21.40% | 62.27% | 1.37% | 59.32% |
RIO.L Rio Tinto PLC | 29.22% | 44.94% | -14.82% | 12.61% | 17.90% | -0.65% | 34.36% | 33.42% | -5.37% | 43.93% |
Correlation
The correlation between SPGI and RIO.L is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.24 |
Over the past year, the correlation between SPGI and RIO.L has dropped to 0.02 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
SPGI:
$124.13B
RIO.L:
£124.62B
SPGI:
$15.79
RIO.L:
£13.15
SPGI:
26.42
RIO.L:
5.78
SPGI:
8.02
RIO.L:
1.12
SPGI:
3.97
RIO.L:
2.00
SPGI:
$15.73B
RIO.L:
£111.44B
SPGI:
$8.15B
RIO.L:
£45.93B
SPGI:
$7.83B
RIO.L:
£44.33B
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Return for Risk
SPGI vs. RIO.L — Risk / Return Rank
SPGI
RIO.L
SPGI vs. RIO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P Global Inc. (SPGI) and Rio Tinto PLC (RIO.L). 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.
| SPGI | RIO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.64 | ||
| Sortino ratioReturn per unit of downside risk | -4.37 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.45 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 5.25 | -5.88 |
| Martin ratioReturn relative to average drawdown | -1.21 | 19.91 | -21.12 |
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
| SPGI | RIO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.70 | 2.94 | -3.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.40 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.72 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.21 | +0.24 |
Drawdowns
SPGI vs. RIO.L - Drawdown Comparison
The maximum SPGI drawdown since its inception was -74.67%, smaller than the maximum RIO.L drawdown of -88.71%. Use the drawdown chart below to compare losses from any high point for SPGI and RIO.L.
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Drawdown Indicators
| SPGI | RIO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.67% | -88.71% | +14.04% |
Max Drawdown (1Y)Largest decline over 1 year | -30.48% | -15.38% | -15.10% |
Max Drawdown (3Y)Largest decline over 3 years | -30.48% | -23.98% | -6.50% |
Max Drawdown (5Y)Largest decline over 5 years | -39.76% | -35.65% | -4.11% |
Max Drawdown (10Y)Largest decline over 10 years | -39.76% | -38.42% | -1.34% |
Current DrawdownCurrent decline from peak | -25.45% | -9.32% | -16.13% |
Average DrawdownAverage peak-to-trough decline | -15.22% | -28.11% | +12.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.77% | 4.06% | +11.71% |
Volatility
SPGI vs. RIO.L - Volatility Comparison
The current volatility for S&P Global Inc. (SPGI) is 8.15%, while Rio Tinto PLC (RIO.L) has a volatility of 11.59%. This indicates that SPGI experiences smaller price fluctuations and is considered to be less risky than RIO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPGI | RIO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 11.59% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 23.85% | 22.89% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.42% | 27.52% | -0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.47% | 29.43% | -4.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.03% | 30.77% | -4.74% |
Dividends
SPGI vs. RIO.L - Dividend Comparison
SPGI's dividend yield for the trailing twelve months is around 0.93%, less than RIO.L's 3.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIO.L Rio Tinto PLC | 3.95% | 4.75% | 7.16% | 5.53% | 9.90% | 14.14% | 5.43% | 5.76% | 6.07% | 4.66% | 3.42% | 7.42% |
SPGI S&P Global Inc. | 0.93% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Financials
SPGI vs. RIO.L - Financials Comparison
This section allows you to compare key financial metrics between S&P Global Inc. and Rio Tinto PLC. 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
SPGI vs. RIO.L - Profitability Comparison
SPGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a gross profit of 0.00 and revenue of 4.17B. Therefore, the gross margin over that period was 0.0%.
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%.
SPGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported an operating income of 2.00B and revenue of 4.17B, resulting in an operating margin of 48.0%.
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%.
SPGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, S&P Global Inc. reported a net income of 1.40B and revenue of 4.17B, resulting in a net margin of 33.5%.
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%.
Frequently Asked Questions
SPGI and RIO.L have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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