^BCOM vs. BHP
Compare and contrast key facts about Bloomberg Commodity Index (^BCOM) and BHP Group (BHP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BCOM or BHP.
Correlation
The correlation between ^BCOM and BHP is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^BCOM vs. BHP - Performance Comparison
Key characteristics
^BCOM:
-0.03
BHP:
-0.37
^BCOM:
-0.32
BHP:
-0.37
^BCOM:
0.96
BHP:
0.95
^BCOM:
-0.06
BHP:
-0.30
^BCOM:
-0.55
BHP:
-0.72
^BCOM:
7.05%
BHP:
15.50%
^BCOM:
12.90%
BHP:
29.04%
^BCOM:
-75.00%
BHP:
-75.95%
^BCOM:
-57.29%
BHP:
-24.80%
Returns By Period
In the year-to-date period, ^BCOM achieves a 2.90% return, which is significantly higher than BHP's 0.63% return. Over the past 10 years, ^BCOM has underperformed BHP with an annualized return of -0.17%, while BHP has yielded a comparatively higher 7.73% annualized return.
^BCOM
2.90%
4.43%
2.32%
-0.43%
10.23%
-0.17%
BHP
0.63%
19.77%
-14.91%
-10.56%
13.13%
7.73%
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Risk-Adjusted Performance
^BCOM vs. BHP — Risk-Adjusted Performance Rank
^BCOM
BHP
^BCOM vs. BHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bloomberg Commodity Index (^BCOM) and BHP Group (BHP). 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.
Drawdowns
^BCOM vs. BHP - Drawdown Comparison
The maximum ^BCOM drawdown since its inception was -75.00%, roughly equal to the maximum BHP drawdown of -75.95%. Use the drawdown chart below to compare losses from any high point for ^BCOM and BHP. For additional features, visit the drawdowns tool.
Volatility
^BCOM vs. BHP - Volatility Comparison
The current volatility for Bloomberg Commodity Index (^BCOM) is 4.19%, while BHP Group (BHP) has a volatility of 11.97%. This indicates that ^BCOM experiences smaller price fluctuations and is considered to be less risky than BHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.