BHP Group Limited vs Rio Tinto Plc
WatchlistBHP / RIOPrices through Nov 10, 2026
Why these are rivals: #1 and #3 by market value ($199B vs $103B) with SEC SIC 1000 (Metal Mining).
Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.
- Mean reversion: ADF t-statistic of the spread: -0.20 (needs <= -2.873 (5% critical value))
- Speed: half-life of the spread, sessions: 336.60 (needs <= 63)
Business leadership
Business size
Annual revenue reported to the SEC. Scale, not market share.
No SEC revenue figures for both companies.
Market value: BHP $198.6B, RIO $102.5B.
Stock leadership
BHP is ahead now
Measured against the pair's own last 252 trading days.
BHP leads RIO by 1.87 standard deviations: +15.3% over its usual price ratio. 3 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| BHP | -10.0% | -8.2% | +47.1% |
| RIO | -16.5% | -22.8% | +21.9% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2534 (needs >= 254)
- Pass
- Co-movement: daily return correlation, 252 sessions: 0.89 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -0.20 (needs <= -2.873 (5% critical value))
- Fail
- Speed: half-life of the spread, sessions: 336.60 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
BHP BHP Group Limited RIO Rio Tinto PlcPrice index, 100 = 2024-11-06. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
Spread z-score: BHP relative to RIO, against the 252 sessions before each day. Above 0: BHP ahead; below 0: RIO ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | BHP index | RIO index | z | Ahead |
|---|---|---|---|---|
| 2026-11-10 | 145.01 | 129.40 | +1.87 | BHP ahead |
| 2026-11-09 | 148.12 | 132.24 | +1.89 | BHP ahead |
| 2026-11-06 | 142.81 | 128.16 | +1.84 | BHP ahead |
| 2026-11-05 | 140.47 | 127.29 | +1.73 | BHP ahead |
| 2026-11-04 | 143.26 | 129.44 | +1.79 | BHP ahead |
| 2026-11-03 | 139.67 | 124.93 | +1.94 | BHP ahead |
| 2026-11-02 | 143.14 | 126.63 | +2.12 | BHP ahead |
| 2026-10-30 | 141.51 | 125.35 | +2.13 | BHP ahead |
| 2026-10-29 | 146.26 | 127.43 | +2.40 | BHP ahead |
| 2026-10-28 | 146.98 | 131.53 | +2.05 | BHP ahead |
| 2026-10-27 | 147.66 | 131.24 | +2.17 | BHP ahead |
| 2026-10-26 | 141.46 | 128.15 | +1.93 | BHP ahead |
| 2026-10-23 | 139.17 | 127.69 | +1.77 | BHP ahead |
| 2026-10-22 | 138.68 | 128.79 | +1.61 | BHP ahead |
| 2026-10-21 | 144.48 | 133.05 | +1.75 | BHP ahead |
| 2026-10-20 | 146.35 | 134.95 | +1.75 | BHP ahead |
| 2026-10-19 | 148.77 | 137.00 | +1.78 | BHP ahead |
| 2026-10-16 | 148.89 | 138.25 | +1.68 | BHP ahead |
| 2026-10-15 | 148.19 | 138.08 | +1.64 | BHP ahead |
| 2026-10-14 | 148.84 | 139.68 | +1.55 | BHP ahead |
| 2026-10-13 | 151.86 | 142.45 | +1.57 | BHP ahead |
| 2026-10-12 | 155.02 | 144.34 | +1.70 | BHP ahead |
| 2026-10-09 | 155.06 | 145.08 | +1.64 | BHP ahead |
| 2026-10-08 | 151.64 | 142.87 | +1.55 | BHP ahead |
| 2026-10-07 | 152.34 | 142.60 | +1.66 | BHP ahead |
| 2026-10-06 | 155.52 | 146.78 | +1.55 | BHP ahead |
| 2026-10-05 | 155.22 | 146.41 | +1.57 | BHP ahead |
| 2026-10-02 | 153.86 | 144.21 | +1.68 | BHP ahead |
| 2026-10-01 | 151.32 | 142.16 | +1.66 | BHP ahead |
| 2026-09-30 | 151.66 | 144.15 | +1.48 | BHP ahead |
| 2026-09-29 | 151.63 | 144.13 | +1.49 | BHP ahead |
| 2026-09-28 | 151.20 | 144.51 | +1.41 | BHP ahead |
| 2026-09-25 | 151.89 | 144.74 | +1.47 | BHP ahead |
| 2026-09-24 | 152.11 | 144.60 | +1.52 | BHP ahead |
| 2026-09-23 | 151.86 | 145.80 | +1.37 | BHP ahead |
| 2026-09-22 | 157.01 | 149.23 | +1.54 | BHP ahead |
| 2026-09-21 | 153.90 | 148.54 | +1.31 | BHP ahead |
| 2026-09-18 | 154.22 | 149.04 | +1.29 | BHP ahead |
| 2026-09-17 | 154.74 | 150.07 | +1.24 | BHP ahead |
| 2026-09-16 | 150.41 | 146.62 | +1.16 | BHP ahead |
| 2026-09-15 | 151.54 | 148.87 | +1.04 | BHP ahead |
| 2026-09-14 | 151.48 | 149.46 | +0.97 | BHP ahead |
| 2026-09-11 | 155.79 | 153.01 | +1.04 | BHP ahead |
| 2026-09-10 | 156.15 | 152.14 | +1.18 | BHP ahead |
| 2026-09-09 | 164.91 | 158.79 | +1.37 | BHP ahead |
| 2026-09-08 | 164.44 | 158.93 | +1.32 | BHP ahead |
| 2026-09-04 | 161.64 | 158.07 | +1.12 | BHP ahead |
| 2026-09-03 | 165.73 | 157.42 | +1.60 | BHP ahead |
| 2026-09-02 | 167.02 | 157.28 | +1.74 | BHP ahead |
| 2026-09-01 | 165.93 | 155.92 | +1.78 | BHP ahead |
| 2026-08-31 | 167.89 | 156.90 | +1.88 | BHP ahead |
| 2026-08-28 | 170.09 | 158.12 | +1.97 | BHP ahead |
| 2026-08-27 | 172.27 | 160.39 | +1.95 | BHP ahead |
| 2026-08-26 | 172.20 | 160.26 | +1.97 | BHP ahead |
| 2026-08-25 | 176.42 | 163.49 | +2.05 | BHP ahead |
| 2026-08-24 | 173.63 | 160.42 | +2.11 | BHP ahead |
| 2026-08-21 | 173.45 | 161.18 | +2.03 | BHP ahead |
| 2026-08-20 | 167.38 | 156.39 | +1.95 | BHP ahead |
| 2026-08-19 | 164.98 | 153.74 | +2.00 | BHP ahead |
| 2026-08-18 | 159.26 | 148.00 | +2.06 | BHP ahead |
| 2026-08-17 | 157.97 | 148.80 | +1.84 | BHP ahead |
| 2026-08-14 | 155.13 | 146.46 | +1.82 | BHP ahead |
| 2026-08-13 | 155.93 | 150.31 | +1.47 | BHP ahead |
| 2026-08-12 | 161.10 | 154.94 | +1.52 | BHP ahead |
| 2026-08-11 | 160.92 | 154.58 | +1.54 | BHP ahead |
| 2026-08-10 | 161.98 | 155.99 | +1.51 | BHP ahead |
| 2026-08-07 | 161.62 | 154.75 | +1.62 | BHP ahead |
| 2026-08-06 | 157.13 | 152.53 | +1.38 | BHP ahead |
| 2026-08-05 | 159.78 | 155.38 | +1.36 | BHP ahead |
| 2026-08-04 | 156.35 | 151.55 | +1.42 | BHP ahead |
| 2026-08-03 | 149.27 | 146.79 | +1.17 | BHP ahead |
| 2026-07-31 | 151.04 | 148.25 | +1.21 | BHP ahead |
| 2026-07-30 | 153.56 | 148.75 | +1.45 | BHP ahead |
| 2026-07-29 | 148.57 | 143.36 | +1.52 | BHP ahead |
| 2026-07-28 | 149.79 | 140.27 | +2.07 | BHP ahead |
| 2026-07-27 | 150.04 | 140.75 | +2.06 | BHP ahead |
| 2026-07-24 | 149.66 | 139.63 | +2.18 | BHP ahead |
| 2026-07-23 | 149.54 | 140.07 | +2.13 | BHP ahead |
| 2026-07-22 | 151.13 | 141.25 | +2.19 | BHP ahead |
| 2026-07-21 | 149.18 | 138.60 | +2.33 | BHP ahead |
| 2026-07-20 | 143.89 | 136.34 | +1.98 | BHP ahead |
| 2026-07-17 | 144.15 | 137.99 | +1.80 | BHP ahead |
| 2026-07-16 | 144.28 | 138.79 | +1.72 | BHP ahead |
| 2026-07-15 | 152.81 | 143.30 | +2.21 | BHP ahead |
| 2026-07-14 | 150.79 | 142.80 | +2.05 | BHP ahead |
| 2026-07-13 | 145.46 | 137.53 | +2.09 | BHP ahead |
| 2026-07-10 | 146.01 | 138.59 | +2.04 | BHP ahead |
| 2026-07-09 | 142.85 | 136.98 | +1.86 | BHP ahead |
| 2026-07-08 | 139.97 | 135.93 | +1.62 | BHP ahead |
| 2026-07-07 | 143.42 | 139.68 | +1.57 | BHP ahead |
| 2026-07-06 | 149.52 | 143.24 | +1.91 | BHP ahead |
| 2026-07-02 | 148.96 | 144.53 | +1.67 | BHP ahead |
| 2026-07-01 | 146.98 | 142.89 | +1.65 | BHP ahead |
| 2026-06-30 | 148.93 | 145.31 | +1.59 | BHP ahead |
| 2026-06-29 | 146.12 | 144.33 | +1.35 | BHP ahead |
| 2026-06-26 | 144.83 | 143.49 | +1.30 | BHP ahead |
| 2026-06-25 | 145.08 | 145.58 | +1.05 | BHP ahead |
| 2026-06-24 | 144.30 | 143.93 | +1.17 | BHP ahead |
| 2026-06-23 | 147.03 | 146.30 | +1.23 | BHP ahead |
| 2026-06-22 | 153.34 | 152.09 | +1.30 | BHP ahead |
| 2026-06-18 | 157.08 | 153.19 | +1.65 | BHP ahead |
| 2026-06-17 | 161.53 | 157.16 | +1.71 | BHP ahead |
| 2026-06-16 | 165.37 | 161.86 | +1.60 | BHP ahead |
| 2026-06-15 | 164.69 | 162.08 | +1.49 | BHP ahead |
| 2026-06-12 | 162.35 | 161.26 | +1.31 | BHP ahead |
| 2026-06-11 | 157.31 | 158.64 | +0.99 | BHP ahead |
| 2026-06-10 | 148.28 | 151.63 | +0.71 | BHP ahead |
| 2026-06-09 | 151.47 | 155.24 | +0.66 | BHP ahead |
| 2026-06-08 | 149.62 | 154.49 | +0.50 | BHP ahead |
| 2026-06-05 | 147.87 | 154.13 | +0.31 | near the usual relationship |
| 2026-06-04 | 158.71 | 161.33 | +0.82 | BHP ahead |
| 2026-06-03 | 162.41 | 165.10 | +0.83 | BHP ahead |
| 2026-06-02 | 166.52 | 170.93 | +0.63 | BHP ahead |
| 2026-06-01 | 163.07 | 166.78 | +0.70 | BHP ahead |
| 2026-05-29 | 158.94 | 162.85 | +0.67 | BHP ahead |
| 2026-05-28 | 156.95 | 162.97 | +0.40 | near the usual relationship |
| 2026-05-27 | 157.01 | 163.19 | +0.38 | near the usual relationship |
| 2026-05-26 | 154.61 | 163.69 | +0.00 | near the usual relationship |
| 2026-05-22 | 151.23 | 159.54 | +0.07 | near the usual relationship |
| 2026-05-21 | 151.84 | 160.36 | +0.05 | near the usual relationship |
| 2026-05-20 | 149.36 | 158.14 | +0.00 | near the usual relationship |
| 2026-05-19 | 146.35 | 154.48 | +0.07 | near the usual relationship |
| 2026-05-18 | 150.20 | 158.17 | +0.11 | near the usual relationship |
| 2026-05-15 | 150.88 | 158.72 | +0.14 | near the usual relationship |
| 2026-05-14 | 158.97 | 167.75 | +0.07 | near the usual relationship |
| 2026-05-13 | 162.33 | 171.50 | +0.05 | near the usual relationship |
| 2026-05-12 | 157.88 | 167.61 | -0.05 | near the usual relationship |
| 2026-05-11 | 156.69 | 165.16 | +0.09 | near the usual relationship |
| 2026-05-08 | 151.45 | 161.30 | -0.12 | near the usual relationship |
| 2026-05-07 | 147.57 | 157.83 | -0.21 | near the usual relationship |
| 2026-05-06 | 150.75 | 161.50 | -0.24 | near the usual relationship |
| 2026-05-05 | 141.65 | 153.83 | -0.53 | RIO ahead |
| 2026-05-04 | 139.20 | 150.97 | -0.50 | RIO ahead |
| 2026-05-01 | 141.33 | 153.96 | -0.59 | RIO ahead |
| 2026-04-30 | 141.76 | 153.80 | -0.51 | RIO ahead |
| 2026-04-29 | 137.75 | 147.70 | -0.27 | near the usual relationship |
| 2026-04-28 | 139.65 | 150.76 | -0.41 | near the usual relationship |
| 2026-04-27 | 142.72 | 152.99 | -0.26 | near the usual relationship |
| 2026-04-24 | 142.69 | 152.47 | -0.20 | near the usual relationship |
| 2026-04-23 | 142.72 | 151.31 | -0.04 | near the usual relationship |
| 2026-04-22 | 144.01 | 153.50 | -0.15 | near the usual relationship |
| 2026-04-21 | 138.88 | 149.58 | -0.36 | near the usual relationship |
| 2026-04-20 | 142.28 | 152.81 | -0.30 | near the usual relationship |
| 2026-04-17 | 143.81 | 153.30 | -0.15 | near the usual relationship |
| 2026-04-16 | 142.06 | 152.63 | -0.31 | near the usual relationship |
| 2026-04-15 | 142.06 | 150.86 | -0.07 | near the usual relationship |
| 2026-04-14 | 141.53 | 151.34 | -0.21 | near the usual relationship |
| 2026-04-13 | 139.61 | 151.84 | -0.56 | RIO ahead |
| 2026-04-10 | 137.31 | 150.41 | -0.71 | RIO ahead |
| 2026-04-09 | 138.06 | 148.68 | -0.36 | near the usual relationship |
| 2026-04-08 | 137.58 | 150.70 | -0.70 | RIO ahead |
| 2026-04-07 | 131.05 | 144.90 | -0.90 | RIO ahead |
| 2026-04-06 | 130.12 | 143.90 | -0.91 | RIO ahead |
| 2026-04-02 | 130.93 | 144.57 | -0.88 | RIO ahead |
| 2026-04-01 | 131.50 | 145.12 | -0.87 | RIO ahead |
| 2026-03-31 | 130.03 | 142.80 | -0.77 | RIO ahead |
| 2026-03-30 | 123.38 | 135.96 | -0.85 | RIO ahead |
| 2026-03-27 | 124.24 | 132.62 | -0.19 | near the usual relationship |
| 2026-03-26 | 122.45 | 131.32 | -0.28 | near the usual relationship |
| 2026-03-25 | 125.15 | 134.00 | -0.25 | near the usual relationship |
| 2026-03-24 | 122.94 | 132.82 | -0.44 | near the usual relationship |
| 2026-03-23 | 121.93 | 131.39 | -0.38 | near the usual relationship |
| 2026-03-20 | 116.71 | 127.28 | -0.63 | RIO ahead |
| 2026-03-19 | 120.43 | 131.10 | -0.59 | RIO ahead |
| 2026-03-18 | 122.10 | 134.27 | -0.80 | RIO ahead |
| 2026-03-17 | 125.99 | 137.46 | -0.64 | RIO ahead |
| 2026-03-16 | 125.69 | 137.55 | -0.71 | RIO ahead |
| 2026-03-13 | 122.88 | 134.44 | -0.70 | RIO ahead |
| 2026-03-12 | 126.51 | 138.83 | -0.77 | RIO ahead |
| 2026-03-11 | 131.12 | 140.95 | -0.34 | near the usual relationship |
| 2026-03-10 | 132.09 | 140.33 | -0.10 | near the usual relationship |
| 2026-03-09 | 130.30 | 138.30 | -0.07 | near the usual relationship |
| 2026-03-06 | 128.44 | 138.08 | -0.34 | near the usual relationship |
| 2026-03-05 | 135.14 | 142.92 | +0.00 | near the usual relationship |
| 2026-03-04 | 139.67 | 147.33 | +0.06 | near the usual relationship |
| 2026-03-03 | 140.03 | 145.89 | +0.31 | near the usual relationship |
| 2026-03-02 | 148.39 | 152.47 | +0.61 | BHP ahead |
| 2026-02-27 | 145.82 | 152.06 | +0.30 | near the usual relationship |
| 2026-02-26 | 144.92 | 151.68 | +0.22 | near the usual relationship |
| 2026-02-25 | 146.01 | 154.26 | +0.03 | near the usual relationship |
| 2026-02-24 | 142.38 | 150.18 | +0.06 | near the usual relationship |
| 2026-02-23 | 139.45 | 149.50 | -0.28 | near the usual relationship |
| 2026-02-20 | 137.33 | 148.61 | -0.47 | near the usual relationship |
| 2026-02-19 | 134.20 | 147.47 | -0.79 | RIO ahead |
| 2026-02-18 | 133.23 | 151.43 | -1.51 | RIO ahead |
| 2026-02-17 | 132.80 | 148.29 | -1.15 | RIO ahead |
| 2026-02-13 | 131.18 | 150.11 | -1.68 | RIO ahead |
| 2026-02-12 | 130.07 | 149.87 | -1.84 | RIO ahead |
| 2026-02-11 | 134.30 | 152.33 | -1.52 | RIO ahead |
| 2026-02-10 | 129.34 | 148.84 | -1.85 | RIO ahead |
| 2026-02-09 | 128.12 | 148.25 | -1.99 | RIO ahead |
| 2026-02-06 | 124.49 | 142.98 | -1.85 | RIO ahead |
| 2026-02-05 | 123.53 | 139.48 | -1.49 | RIO ahead |
| 2026-02-04 | 129.10 | 147.68 | -1.79 | RIO ahead |
| 2026-02-03 | 130.03 | 147.51 | -1.63 | RIO ahead |
| 2026-02-02 | 124.04 | 141.62 | -1.79 | RIO ahead |
| 2026-01-30 | 122.86 | 139.34 | -1.65 | RIO ahead |
| 2026-01-29 | 129.01 | 145.61 | -1.56 | RIO ahead |
| 2026-01-28 | 126.85 | 142.92 | -1.53 | RIO ahead |
| 2026-01-27 | 126.01 | 142.22 | -1.58 | RIO ahead |
| 2026-01-26 | 121.15 | 138.48 | -1.89 | RIO ahead |
| 2026-01-23 | 120.70 | 138.42 | -1.99 | RIO ahead |
| 2026-01-22 | 116.14 | 133.63 | -2.09 | RIO ahead |
| 2026-01-21 | 117.29 | 135.99 | -2.30 | RIO ahead |
| 2026-01-20 | 115.11 | 131.15 | -1.91 | RIO ahead |
| 2026-01-16 | 115.95 | 130.31 | -1.61 | RIO ahead |
| 2026-01-15 | 118.04 | 132.18 | -1.53 | RIO ahead |
| 2026-01-14 | 118.02 | 131.46 | -1.42 | RIO ahead |
| 2026-01-13 | 114.39 | 127.95 | -1.53 | RIO ahead |
| 2026-01-12 | 112.26 | 126.86 | -1.80 | RIO ahead |
| 2026-01-09 | 110.33 | 124.18 | -1.72 | RIO ahead |
| 2026-01-08 | 112.53 | 128.87 | -2.17 | RIO ahead |
| 2026-01-07 | 114.16 | 129.92 | -2.04 | RIO ahead |
| 2026-01-06 | 115.84 | 130.46 | -1.80 | RIO ahead |
| 2026-01-05 | 112.87 | 127.37 | -1.87 | RIO ahead |
| 2026-01-02 | 110.40 | 124.64 | -1.91 | RIO ahead |
| 2025-12-31 | 107.92 | 122.50 | -2.07 | RIO ahead |
| 2025-12-30 | 108.90 | 123.25 | -2.02 | RIO ahead |
| 2025-12-29 | 107.95 | 123.07 | -2.24 | RIO ahead |
| 2025-12-26 | 110.64 | 125.88 | -2.22 | RIO ahead |
| 2025-12-24 | 108.81 | 123.82 | -2.25 | RIO ahead |
| 2025-12-23 | 109.19 | 123.94 | -2.22 | RIO ahead |
| 2025-12-22 | 108.63 | 122.61 | -2.09 | RIO ahead |
| 2025-12-19 | 106.04 | 119.88 | -2.17 | RIO ahead |
| 2025-12-18 | 105.95 | 118.83 | -1.98 | RIO ahead |
| 2025-12-17 | 105.56 | 118.15 | -1.95 | RIO ahead |
| 2025-12-16 | 104.79 | 116.32 | -1.73 | RIO ahead |
| 2025-12-15 | 105.81 | 116.06 | -1.42 | RIO ahead |
| 2025-12-12 | 106.61 | 115.81 | -1.16 | RIO ahead |
| 2025-12-11 | 108.90 | 117.47 | -0.97 | RIO ahead |
| 2025-12-10 | 108.21 | 116.70 | -0.97 | RIO ahead |
| 2025-12-09 | 105.49 | 113.88 | -1.01 | RIO ahead |
| 2025-12-08 | 104.29 | 111.77 | -0.81 | RIO ahead |
| 2025-12-05 | 105.20 | 111.83 | -0.58 | RIO ahead |
| 2025-12-04 | 105.42 | 112.86 | -0.79 | RIO ahead |
| 2025-12-03 | 103.54 | 113.70 | -1.51 | RIO ahead |
| 2025-12-02 | 100.59 | 110.73 | -1.59 | RIO ahead |
| 2025-12-01 | 98.62 | 110.16 | -2.03 | RIO ahead |
| 2025-11-28 | 97.84 | 110.13 | -2.28 | RIO ahead |
| 2025-11-26 | 98.11 | 110.52 | -2.34 | RIO ahead |
| 2025-11-25 | 95.96 | 108.79 | -2.57 | RIO ahead |
| 2025-11-24 | 94.62 | 107.87 | -2.78 | RIO ahead |
| 2025-11-21 | 94.89 | 107.13 | -2.54 | RIO ahead |
| 2025-11-20 | 93.99 | 105.28 | -2.33 | RIO ahead |
| 2025-11-19 | 95.58 | 106.28 | -2.14 | RIO ahead |
| 2025-11-18 | 96.01 | 106.75 | -2.16 | RIO ahead |
| 2025-11-17 | 97.59 | 107.90 | -2.01 | RIO ahead |
| 2025-11-14 | 98.73 | 108.11 | -1.73 | RIO ahead |
| 2025-11-13 | 100.02 | 108.74 | -1.52 | RIO ahead |
| 2025-11-12 | 100.68 | 108.85 | -1.36 | RIO ahead |
| 2025-11-11 | 99.70 | 107.64 | -1.32 | RIO ahead |
| 2025-11-10 | 99.86 | 107.59 | -1.27 | RIO ahead |
| 2025-11-07 | 98.61 | 106.12 | -1.25 | RIO ahead |
| 2025-11-06 | 99.41 | 106.03 | -0.97 | RIO ahead |
| 2025-11-05 | 99.23 | 105.71 | -0.94 | RIO ahead |
| 2025-11-04 | 97.32 | 103.92 | -1.02 | RIO ahead |
| 2025-11-03 | 100.38 | 107.71 | -1.19 | RIO ahead |
| 2025-10-31 | 101.98 | 109.81 | -1.30 | RIO ahead |
| 2025-10-30 | 102.32 | 110.52 | -1.41 | RIO ahead |
| 2025-10-29 | 103.61 | 111.10 | -1.19 | RIO ahead |
| 2025-10-28 | 102.13 | 110.19 | -1.40 | RIO ahead |
| 2025-10-27 | 100.79 | 108.57 | -1.36 | RIO ahead |
| 2025-10-24 | 99.43 | 107.97 | -1.63 | RIO ahead |
| 2025-10-23 | 98.84 | 108.10 | -1.87 | RIO ahead |
| 2025-10-22 | 99.73 | 106.78 | -1.21 | RIO ahead |
| 2025-10-21 | 100.05 | 104.61 | -0.47 | near the usual relationship |
| 2025-10-20 | 101.54 | 105.98 | -0.42 | near the usual relationship |
| 2025-10-17 | 99.37 | 104.12 | -0.55 | RIO ahead |
| 2025-10-16 | 100.61 | 105.23 | -0.50 | RIO ahead |
| 2025-10-15 | 101.34 | 105.40 | -0.33 | near the usual relationship |
| 2025-10-14 | 100.86 | 104.42 | -0.20 | near the usual relationship |
| 2025-10-13 | 99.59 | 104.33 | -0.56 | RIO ahead |
| 2025-10-10 | 95.85 | 100.17 | -0.49 | near the usual relationship |
| 2025-10-09 | 100.18 | 102.56 | +0.12 | near the usual relationship |
| 2025-10-08 | 100.21 | 103.63 | -0.18 | near the usual relationship |
| 2025-10-07 | 98.68 | 101.41 | +0.00 | near the usual relationship |
| 2025-10-06 | 100.05 | 102.53 | +0.08 | near the usual relationship |
| 2025-10-03 | 99.16 | 101.19 | +0.19 | near the usual relationship |
| 2025-10-02 | 99.21 | 101.42 | +0.14 | near the usual relationship |
| 2025-10-01 | 99.66 | 101.47 | +0.25 | near the usual relationship |
| 2025-09-30 | 99.66 | 101.04 | +0.37 | near the usual relationship |
| 2025-09-29 | 100.50 | 100.90 | +0.66 | BHP ahead |
| 2025-09-26 | 97.85 | 99.19 | +0.38 | near the usual relationship |
| 2025-09-25 | 99.55 | 100.15 | +0.60 | BHP ahead |
| 2025-09-24 | 95.64 | 97.77 | +0.13 | near the usual relationship |
| 2025-09-23 | 95.26 | 97.31 | +0.15 | near the usual relationship |
| 2025-09-22 | 95.01 | 97.43 | +0.03 | near the usual relationship |
| 2025-09-19 | 93.21 | 95.48 | +0.06 | near the usual relationship |
| 2025-09-18 | 93.28 | 94.87 | +0.27 | near the usual relationship |
| 2025-09-17 | 95.05 | 96.42 | +0.35 | near the usual relationship |
| 2025-09-16 | 96.73 | 97.11 | +0.65 | BHP ahead |
| 2025-09-15 | 97.96 | 97.54 | +0.89 | BHP ahead |
| 2025-09-12 | 96.66 | 95.58 | +1.10 | BHP ahead |
| 2025-09-11 | 96.91 | 95.73 | +1.13 | BHP ahead |
| 2025-09-10 | 95.19 | 95.06 | +0.81 | BHP ahead |
| 2025-09-09 | 95.01 | 94.70 | +0.86 | BHP ahead |
| 2025-09-08 | 96.89 | 97.54 | +0.57 | BHP ahead |
| 2025-09-05 | 97.23 | 97.92 | +0.55 | BHP ahead |
| 2025-09-04 | 99.30 | 95.61 | +1.87 | BHP ahead |
| 2025-09-03 | 99.91 | 95.64 | +2.05 | BHP ahead |
| 2025-09-02 | 99.52 | 94.73 | +2.24 | BHP ahead |
| 2025-08-29 | 99.70 | 96.00 | +1.91 | BHP ahead |
| 2025-08-28 | 100.32 | 96.25 | +2.03 | BHP ahead |
| 2025-08-27 | 99.87 | 95.07 | +2.28 | BHP ahead |
| 2025-08-26 | 99.48 | 94.83 | +2.26 | BHP ahead |
| 2025-08-25 | 99.70 | 95.41 | +2.16 | BHP ahead |
| 2025-08-22 | 100.02 | 95.96 | +2.10 | BHP ahead |
| 2025-08-21 | 97.43 | 93.83 | +1.99 | BHP ahead |
| 2025-08-20 | 95.80 | 92.79 | +1.83 | BHP ahead |
| 2025-08-19 | 96.00 | 92.74 | +1.93 | BHP ahead |
| 2025-08-18 | 95.51 | 92.39 | +1.91 | BHP ahead |
| 2025-08-15 | 96.80 | 93.74 | +1.89 | BHP ahead |
| 2025-08-14 | 96.21 | 95.70 | +1.05 | BHP ahead |
| 2025-08-13 | 97.84 | 97.31 | +1.06 | BHP ahead |
| 2025-08-12 | 96.60 | 96.59 | +0.89 | BHP ahead |
| 2025-08-11 | 95.30 | 95.12 | +0.95 | BHP ahead |
| 2025-08-08 | 94.49 | 94.69 | +0.83 | BHP ahead |
| 2025-08-07 | 93.15 | 93.02 | +0.94 | BHP ahead |
| 2025-08-06 | 92.13 | 91.98 | +0.95 | BHP ahead |
| 2025-08-05 | 91.40 | 91.38 | +0.90 | BHP ahead |
| 2025-08-04 | 92.30 | 91.84 | +1.06 | BHP ahead |
| 2025-08-01 | 90.69 | 91.31 | +0.68 | BHP ahead |
| 2025-07-31 | 90.58 | 91.49 | +0.58 | BHP ahead |
| 2025-07-30 | 90.54 | 91.06 | +0.72 | BHP ahead |
| 2025-07-29 | 94.23 | 95.32 | +0.53 | BHP ahead |
| 2025-07-28 | 93.46 | 95.19 | +0.31 | near the usual relationship |
| 2025-07-25 | 95.01 | 96.59 | +0.37 | near the usual relationship |
| 2025-07-24 | 96.68 | 97.70 | +0.55 | BHP ahead |
| 2025-07-23 | 98.87 | 98.91 | +0.86 | BHP ahead |
| 2025-07-22 | 98.43 | 98.47 | +0.86 | BHP ahead |
| 2025-07-21 | 95.07 | 94.98 | +0.90 | BHP ahead |
| 2025-07-18 | 92.67 | 92.67 | +0.87 | BHP ahead |
| 2025-07-17 | 92.40 | 91.89 | +1.04 | BHP ahead |
| 2025-07-16 | 91.47 | 91.41 | +0.89 | BHP ahead |
| 2025-07-15 | 90.04 | 89.50 | +1.06 | BHP ahead |
| 2025-07-14 | 92.81 | 91.57 | +1.29 | BHP ahead |
| 2025-07-11 | 93.10 | 93.53 | +0.72 | BHP ahead |
| 2025-07-10 | 92.08 | 91.99 | +0.89 | BHP ahead |
| 2025-07-09 | 88.68 | 89.87 | +0.44 | near the usual relationship |
| 2025-07-08 | 88.24 | 89.90 | +0.26 | near the usual relationship |
| 2025-07-07 | 88.29 | 88.26 | +0.85 | BHP ahead |
| 2025-07-03 | 90.31 | 90.34 | +0.82 | BHP ahead |
| 2025-07-02 | 90.69 | 92.12 | +0.35 | near the usual relationship |
| 2025-07-01 | 87.00 | 89.24 | +0.04 | near the usual relationship |
| 2025-06-30 | 85.97 | 89.29 | -0.34 | near the usual relationship |
| 2025-06-27 | 86.91 | 89.91 | -0.23 | near the usual relationship |
| 2025-06-26 | 86.41 | 89.67 | -0.32 | near the usual relationship |
| 2025-06-25 | 83.55 | 86.81 | -0.37 | near the usual relationship |
| 2025-06-24 | 84.54 | 87.54 | -0.27 | near the usual relationship |
| 2025-06-23 | 83.71 | 87.39 | -0.52 | RIO ahead |
| 2025-06-20 | 82.48 | 85.55 | -0.33 | near the usual relationship |
| 2025-06-18 | 85.13 | 87.16 | +0.06 | near the usual relationship |
| 2025-06-17 | 85.41 | 87.26 | +0.13 | near the usual relationship |
| 2025-06-16 | 87.42 | 89.25 | +0.14 | near the usual relationship |
| 2025-06-13 | 86.79 | 88.78 | +0.09 | near the usual relationship |
| 2025-06-12 | 89.04 | 89.82 | +0.51 | BHP ahead |
| 2025-06-11 | 90.47 | 90.05 | +0.91 | BHP ahead |
| 2025-06-10 | 90.95 | 91.03 | +0.75 | BHP ahead |
| 2025-06-09 | 89.70 | 90.79 | +0.41 | near the usual relationship |
| 2025-06-06 | 88.63 | 90.36 | +0.18 | near the usual relationship |
| 2025-06-05 | 89.08 | 90.68 | +0.23 | near the usual relationship |
| 2025-06-04 | 87.77 | 89.62 | +0.13 | near the usual relationship |
| 2025-06-03 | 86.88 | 90.08 | -0.33 | near the usual relationship |
| 2025-06-02 | 88.36 | 91.20 | -0.20 | near the usual relationship |
| 2025-05-30 | 87.58 | 90.97 | -0.39 | near the usual relationship |
| 2025-05-29 | 88.08 | 92.15 | -0.61 | RIO ahead |
| 2025-05-28 | 87.95 | 91.76 | -0.53 | RIO ahead |
| 2025-05-27 | 89.02 | 93.07 | -0.59 | RIO ahead |
| 2025-05-23 | 89.18 | 94.26 | -0.92 | RIO ahead |
| 2025-05-22 | 87.86 | 93.56 | -1.16 | RIO ahead |
| 2025-05-21 | 88.20 | 94.87 | -1.48 | RIO ahead |
| 2025-05-20 | 88.88 | 95.27 | -1.38 | RIO ahead |
| 2025-05-19 | 90.01 | 95.50 | -1.08 | RIO ahead |
| 2025-05-16 | 90.29 | 95.88 | -1.11 | RIO ahead |
| 2025-05-15 | 90.33 | 96.05 | -1.16 | RIO ahead |
| 2025-05-14 | 89.92 | 94.95 | -0.94 | RIO ahead |
| 2025-05-13 | 90.83 | 95.32 | -0.75 | RIO ahead |
| 2025-05-12 | 89.20 | 94.00 | -0.88 | RIO ahead |
| 2025-05-09 | 87.00 | 91.81 | -0.93 | RIO ahead |
| 2025-05-08 | 86.11 | 90.59 | -0.83 | RIO ahead |
| 2025-05-07 | 86.47 | 91.87 | -1.14 | RIO ahead |
| 2025-05-06 | 87.29 | 91.54 | -0.74 | RIO ahead |
| 2025-05-05 | 86.91 | 91.18 | -0.75 | RIO ahead |
| 2025-05-02 | 87.29 | 91.38 | -0.68 | RIO ahead |
| 2025-05-01 | 85.29 | 89.62 | -0.80 | RIO ahead |
| 2025-04-30 | 85.00 | 90.92 | -1.36 | RIO ahead |
| 2025-04-29 | 86.88 | 93.19 | -1.46 | RIO ahead |
| 2025-04-28 | 86.56 | 93.17 | -1.58 | RIO ahead |
| 2025-04-25 | 86.18 | 92.70 | -1.57 | RIO ahead |
| 2025-04-24 | 88.15 | 94.43 | -1.45 | RIO ahead |
| 2025-04-23 | 86.49 | 92.15 | -1.30 | RIO ahead |
| 2025-04-22 | 85.18 | 91.26 | -1.48 | RIO ahead |
| 2025-04-21 | 83.82 | 89.50 | -1.39 | RIO ahead |
| 2025-04-17 | 83.11 | 89.04 | -1.51 | RIO ahead |
| 2025-04-16 | 81.57 | 87.49 | -1.55 | RIO ahead |
| 2025-04-15 | 82.68 | 87.65 | -1.19 | RIO ahead |
| 2025-04-14 | 82.75 | 87.26 | -1.04 | RIO ahead |
| 2025-04-11 | 80.89 | 87.04 | -1.67 | RIO ahead |
| 2025-04-10 | 77.74 | 83.99 | -1.81 | RIO ahead |
| 2025-04-09 | 79.28 | 85.12 | -1.62 | RIO ahead |
| 2025-04-08 | 71.90 | 80.09 | -2.78 | RIO ahead |
| 2025-04-07 | 75.65 | 83.51 | -2.52 | RIO ahead |
| 2025-04-04 | 75.21 | 83.68 | -2.80 | RIO ahead |
| 2025-04-03 | 83.09 | 89.44 | -1.78 | RIO ahead |
| 2025-04-02 | 85.59 | 91.69 | -1.64 | RIO ahead |
| 2025-04-01 | 87.20 | 92.19 | -1.24 | RIO ahead |
| 2025-03-31 | 86.77 | 91.96 | -1.32 | RIO ahead |
| 2025-03-28 | 87.45 | 93.42 | -1.57 | RIO ahead |
| 2025-03-27 | 88.72 | 95.42 | -1.79 | RIO ahead |
| 2025-03-26 | 89.06 | 96.23 | -1.94 | RIO ahead |
| 2025-03-25 | 88.76 | 96.14 | -2.03 | RIO ahead |
| 2025-03-24 | 88.13 | 95.16 | -1.95 | RIO ahead |
| 2025-03-21 | 87.86 | 94.89 | -1.97 | RIO ahead |
| 2025-03-20 | 88.15 | 96.31 | -2.35 | RIO ahead |
| 2025-03-19 | 89.49 | 97.75 | -2.37 | RIO ahead |
| 2025-03-18 | 90.35 | 98.18 | -2.24 | RIO ahead |
| 2025-03-17 | 90.40 | 97.15 | -1.92 | RIO ahead |
| 2025-03-14 | 88.40 | 96.49 | -2.42 | RIO ahead |
| 2025-03-13 | 86.97 | 93.68 | -2.03 | RIO ahead |
| 2025-03-12 | 86.45 | 93.04 | -2.02 | RIO ahead |
| 2025-03-11 | 88.99 | 94.67 | -1.67 | RIO ahead |
| 2025-03-10 | 88.68 | 95.22 | -1.97 | RIO ahead |
| 2025-03-07 | 89.67 | 95.38 | -1.70 | RIO ahead |
| 2025-03-06 | 90.61 | 97.87 | -2.19 | RIO ahead |
| 2025-03-05 | 90.65 | 97.58 | -2.11 | RIO ahead |
| 2025-03-04 | 87.99 | 95.19 | -2.30 | RIO ahead |
| 2025-03-03 | 87.31 | 93.45 | -1.98 | RIO ahead |
| 2025-02-28 | 86.66 | 92.70 | -1.98 | RIO ahead |
| 2025-02-27 | 88.24 | 92.93 | -1.51 | RIO ahead |
| 2025-02-26 | 89.77 | 94.26 | -1.43 | RIO ahead |
| 2025-02-25 | 90.63 | 95.07 | -1.41 | RIO ahead |
| 2025-02-24 | 91.33 | 96.04 | -1.50 | RIO ahead |
| 2025-02-21 | 91.96 | 97.24 | -1.70 | RIO ahead |
| 2025-02-20 | 93.15 | 98.41 | -1.68 | RIO ahead |
| 2025-02-19 | 91.31 | 96.07 | -1.56 | RIO ahead |
| 2025-02-18 | 92.85 | 98.24 | -1.76 | RIO ahead |
| 2025-02-14 | 92.15 | 96.98 | -1.61 | RIO ahead |
| 2025-02-13 | 92.65 | 96.88 | -1.41 | RIO ahead |
| 2025-02-12 | 90.56 | 94.96 | -1.52 | RIO ahead |
| 2025-02-11 | 89.74 | 94.37 | -1.62 | RIO ahead |
| 2025-02-10 | 90.85 | 95.29 | -1.55 | RIO ahead |
| 2025-02-07 | 90.01 | 94.83 | -1.71 | RIO ahead |
| 2025-02-06 | 90.61 | 95.19 | -1.64 | RIO ahead |
| 2025-02-05 | 89.47 | 93.94 | -1.63 | RIO ahead |
| 2025-02-04 | 89.08 | 93.68 | -1.70 | RIO ahead |
| 2025-02-03 | 87.22 | 91.61 | -1.68 | RIO ahead |
| 2025-01-31 | 87.86 | 92.47 | -1.76 | RIO ahead |
| 2025-01-30 | 88.93 | 93.23 | -1.65 | RIO ahead |
| 2025-01-29 | 87.22 | 91.41 | -1.66 | RIO ahead |
| 2025-01-28 | 87.08 | 91.69 | -1.84 | RIO ahead |
| 2025-01-27 | 89.20 | 94.86 | -2.19 | RIO ahead |
| 2025-01-24 | 89.15 | 95.04 | -2.31 | RIO ahead |
| 2025-01-23 | 88.43 | 94.23 | -2.32 | RIO ahead |
| 2025-01-22 | 87.72 | 93.56 | -2.39 | RIO ahead |
| 2025-01-21 | 89.60 | 94.49 | -2.03 | RIO ahead |
| 2025-01-17 | 89.54 | 93.53 | -1.71 | RIO ahead |
| 2025-01-16 | 88.59 | 91.52 | -1.33 | RIO ahead |
| 2025-01-15 | 89.04 | 92.55 | -1.56 | RIO ahead |
| 2025-01-14 | 88.70 | 92.42 | -1.66 | RIO ahead |
| 2025-01-13 | 88.13 | 91.11 | -1.39 | RIO ahead |
| 2025-01-10 | 86.77 | 90.07 | -1.54 | RIO ahead |
| 2025-01-08 | 87.09 | 89.74 | -1.30 | RIO ahead |
| 2025-01-07 | 86.13 | 89.07 | -1.44 | RIO ahead |
| 2025-01-06 | 86.68 | 89.36 | -1.33 | RIO ahead |
| 2025-01-03 | 87.25 | 89.70 | -1.24 | RIO ahead |
| 2025-01-02 | 87.97 | 89.96 | -1.07 | RIO ahead |
| 2024-12-31 | 87.29 | 90.02 | -1.36 | RIO ahead |
| 2024-12-30 | 87.20 | 89.68 | -1.28 | RIO ahead |
| 2024-12-27 | 87.97 | 90.33 | -1.23 | RIO ahead |
| 2024-12-26 | 88.22 | 90.69 | -1.28 | RIO ahead |
| 2024-12-24 | 88.34 | 90.62 | -1.21 | RIO ahead |
| 2024-12-23 | 88.33 | 90.66 | -1.24 | RIO ahead |
| 2024-12-20 | 87.95 | 89.76 | -1.06 | RIO ahead |
| 2024-12-19 | 87.49 | 89.90 | -1.29 | RIO ahead |
| 2024-12-18 | 88.31 | 90.83 | -1.33 | RIO ahead |
| 2024-12-17 | 91.17 | 94.08 | -1.45 | RIO ahead |
| 2024-12-16 | 91.37 | 93.77 | -1.28 | RIO ahead |
| 2024-12-13 | 92.37 | 95.22 | -1.44 | RIO ahead |
| 2024-12-12 | 93.76 | 97.12 | -1.61 | RIO ahead |
| 2024-12-11 | 95.75 | 99.46 | -1.72 | RIO ahead |
| 2024-12-10 | 95.46 | 99.22 | -1.76 | RIO ahead |
| 2024-12-09 | 96.09 | 99.33 | -1.59 | RIO ahead |
| 2024-12-06 | 91.88 | 95.07 | -1.64 | RIO ahead |
| 2024-12-05 | 93.30 | 97.23 | -1.90 | RIO ahead |
| 2024-12-04 | 94.32 | 97.03 | -1.48 | RIO ahead |
| 2024-12-03 | 94.96 | 97.21 | -1.33 | RIO ahead |
| 2024-12-02 | 94.48 | 96.85 | -1.38 | RIO ahead |
| 2024-11-29 | 94.12 | 96.19 | -1.29 | RIO ahead |
| 2024-11-27 | 92.60 | 95.39 | -1.58 | RIO ahead |
| 2024-11-26 | 91.51 | 94.95 | -1.84 | RIO ahead |
| 2024-11-25 | 93.78 | 96.40 | -1.54 | RIO ahead |
| 2024-11-22 | 93.60 | 95.44 | -1.27 | RIO ahead |
| 2024-11-21 | 92.99 | 95.78 | -1.63 | RIO ahead |
| 2024-11-20 | 93.44 | 95.50 | -1.38 | RIO ahead |
| 2024-11-19 | 94.17 | 95.56 | -1.14 | RIO ahead |
| 2024-11-18 | 93.83 | 95.09 | -1.10 | RIO ahead |
| 2024-11-15 | 92.67 | 93.34 | -0.89 | RIO ahead |
| 2024-11-14 | 93.05 | 92.50 | -0.44 | near the usual relationship |
| 2024-11-13 | 93.53 | 92.79 | -0.37 | near the usual relationship |
| 2024-11-12 | 94.03 | 93.68 | -0.52 | RIO ahead |
| 2024-11-11 | 95.69 | 95.82 | -0.71 | RIO ahead |
| 2024-11-08 | 98.66 | 98.62 | -0.65 | RIO ahead |
| 2024-11-07 | 103.24 | 103.28 | -0.68 | RIO ahead |
| 2024-11-06 | 100.00 | 100.00 | -0.67 | RIO ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Apr 4, 2025 (BHP -9.5%, RIO -6.4%); Apr 9, 2025 (BHP +10.3%, RIO +6.3%); Sep 5, 2025 (BHP -2.1%, RIO +2.4%). Upcoming earnings: BHP Nov 17, 2026 (not-supplied).
Paired trades
The shared paper book and the replay, kept apart
Forward paper record
No paper position on this pair yet.
Historical simulation (a diagnostic, same rules)
3 simulated trades to Nov 3, 2026: +1.64% per trade on average after costs, 2 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long BHP · Short RIO | Sep 20, 2021 | Oct 29, 2021 | converged | 39 | $550.02 | -$49.66 | $500.37 (+5.00%) |
| Long RIO · Short BHP | Mar 5, 2021 | Apr 20, 2021 | converged | 46 | $407.61 | -$50.24 | $357.38 (+3.57%) |
| Long RIO · Short BHP | Jun 29, 2018 | Jul 31, 2018 | divergence stop | 32 | -$315.73 | -$48.83 | -$364.56 (-3.65%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
The companies
BHP and RIO at a glance
BHP BHP Group Limited
- Listing
- NYSE · SEC CIK 811809
- Industry
- Coal Mining · SIC 1000 Metal Mining
- Market value
- $198.6B
- Price history
- 2,534 daily closes, Oct 12, 2016 to Nov 10, 2026
RIO Rio Tinto Plc
- Listing
- NYSE · SEC CIK 863064
- Industry
- Metal Mining · SIC 1000 Metal Mining
- Market value
- $102.5B
- Price history
- 2,534 daily closes, Oct 12, 2016 to Nov 10, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Related
All pairs →Other rivals of BHP and RIO
| Pair | Status | Ahead now | Industry |
|---|---|---|---|
| BHP / SCCO | Watchlist | BHP by 1.26 sd | SIC 1000 Metal Mining |
| RIO / FCX | Watchlist | FCX by 0.83 sd | Metal Mining |
| SCCO / RIO | Watchlist | SCCO by 0.45 sd | Metal Mining |
Follow the research behind the paper book
Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.
Explore the private betaPaper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.
