VOC vs. BSM
VOC (VOC Energy Trust) and BSM (Black Stone Minerals, L.P.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, VOC returned 10.80%/yr vs 8.77%/yr for BSM. At a 0.31 correlation, their price movements are largely independent.
Performance
VOC vs. BSM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VOC achieves a 6.30% return, which is significantly lower than BSM's 11.34% return. Over the past 10 years, VOC has outperformed BSM with an annualized return of 10.80%, while BSM has yielded a comparatively lower 8.77% annualized return.
VOC
- 1D
- 0.37%
- 1M
- -13.42%
- YTD
- 6.30%
- 6M
- 4.37%
- 1Y
- 3.79%
- 3Y*
- -20.57%
- 5Y*
- 2.32%
- 10Y*
- 10.80%
BSM
- 1D
- 2.31%
- 1M
- 2.60%
- YTD
- 11.34%
- 6M
- 8.96%
- 1Y
- 19.71%
- 3Y*
- 6.84%
- 5Y*
- 17.66%
- 10Y*
- 8.77%
VOC vs. BSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VOC VOC Energy Trust | 6.30% | -35.74% | -24.87% | -23.37% | 161.55% | 138.08% | -47.61% | 45.58% | -30.78% | 108.09% |
BSM Black Stone Minerals, L.P. | 11.34% | 0.56% | 1.47% | 5.85% | 80.82% | 67.42% | -42.97% | -9.53% | -7.04% | 2.49% |
Correlation
The correlation between VOC and BSM is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since May 1, 2015 | 0.31 |
Fundamentals
VOC:
$0.47
BSM:
$1.38
VOC:
5.81
BSM:
10.29
VOC:
0.38
BSM:
0.29
VOC:
5.14
BSM:
6.53
VOC:
$6.72M
BSM:
$468.25M
VOC:
$6.67M
BSM:
$365.30M
VOC:
$5.95M
BSM:
$475.89M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VOC vs. BSM — Risk / Return Rank
VOC
BSM
VOC vs. BSM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VOC Energy Trust (VOC) and Black Stone Minerals, L.P. (BSM). 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.
| VOC | BSM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.17 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 1.48 | -1.32 |
| Martin ratioReturn relative to average drawdown | 0.33 | 3.36 | -3.02 |
Loading charts...
Drawdowns
VOC vs. BSM - Drawdown Comparison
The maximum VOC drawdown since its inception was -87.00%, which is greater than BSM's maximum drawdown of -75.58%. Use the drawdown chart below to compare losses from any high point for VOC and BSM.
Loading charts...
Drawdown Indicators
| VOC | BSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.00% | -75.58% | -11.42% |
Max Drawdown (1Y)Largest decline over 1 year | -24.40% | -13.41% | -10.99% |
Max Drawdown (3Y)Largest decline over 3 years | -71.12% | -21.48% | -49.64% |
Max Drawdown (5Y)Largest decline over 5 years | -75.56% | -25.52% | -50.04% |
Max Drawdown (10Y)Largest decline over 10 years | -78.42% | -75.58% | -2.84% |
Current DrawdownCurrent decline from peak | -68.85% | -6.05% | -62.80% |
Average DrawdownAverage peak-to-trough decline | -48.07% | -16.86% | -31.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 5.89% | +5.54% |
Volatility
VOC vs. BSM - Volatility Comparison
VOC Energy Trust (VOC) has a higher volatility of 10.47% compared to Black Stone Minerals, L.P. (BSM) at 6.43%. This indicates that VOC's price experiences larger fluctuations and is considered to be riskier than BSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VOC | BSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.47% | 6.43% | +4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 31.96% | 14.60% | +17.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.57% | 20.66% | +19.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.69% | 26.35% | +22.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.24% | 31.53% | +22.71% |
Dividends
VOC vs. BSM - Dividend Comparison
VOC's dividend yield for the trailing twelve months is around 14.94%, more than BSM's 8.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSM Black Stone Minerals, L.P. | 8.46% | 10.16% | 10.96% | 11.90% | 9.13% | 8.23% | 10.18% | 11.64% | 8.61% | 6.69% | 5.86% | 2.94% |
VOC VOC Energy Trust | 14.94% | 16.11% | 15.27% | 12.43% | 12.30% | 10.87% | 10.14% | 15.01% | 19.67% | 8.36% | 8.96% | 19.11% |
Financials
VOC vs. BSM - Financials Comparison
This section allows you to compare key financial metrics between VOC Energy Trust and Black Stone Minerals, L.P.. 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
VOC and BSM have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOC has higher volatility (10.47%) compared to BSM (6.43%). In terms of maximum drawdown, VOC dropped -87.00% vs BSM's -75.58%.
BSM currently has the higher Sharpe Ratio (0.96 vs 0.09), 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.
Find the right allocation for VOC and BSM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer