B vs. SPY
B (Barrick Mining Corporation) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, B returned 10.50%/yr vs 15.48%/yr for SPY. At a 0.12 correlation, their price movements are largely independent.
Performance
B vs. SPY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, B achieves a -0.50% return, which is significantly lower than SPY's 11.33% return. Over the past 10 years, B has underperformed SPY with an annualized return of 10.50%, while SPY has yielded a comparatively higher 15.48% annualized return.
B
- 1D
- 2.22%
- 1M
- 10.98%
- YTD
- -0.50%
- 6M
- 5.92%
- 1Y
- 117.32%
- 3Y*
- 38.67%
- 5Y*
- 15.52%
- 10Y*
- 10.50%
SPY
- 1D
- 0.38%
- 1M
- 4.60%
- YTD
- 11.33%
- 6M
- 11.25%
- 1Y
- 28.50%
- 3Y*
- 22.58%
- 5Y*
- 13.91%
- 10Y*
- 15.48%
B vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
B Barrick Mining Corporation | -0.50% | 186.91% | -12.29% | 7.86% | -6.81% | -14.75% | 24.60% | 38.45% | -5.01% | -8.80% |
SPY State Street SPDR S&P 500 ETF | 11.33% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between B and SPY is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 1993 | 0.12 |
Over the past year, B and SPY have become more correlated (0.33) than their long-term average of 0.12, meaning their price movements have been converging.
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
B vs. SPY — Risk / Return Rank
B
SPY
B vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Mining Corporation (B) and State Street SPDR S&P 500 ETF (SPY). 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.
| B | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.44 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.03 | 3.22 | +0.80 |
| Martin ratioReturn relative to average drawdown | 10.21 | 14.99 | -4.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| B | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.68 | 2.42 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.82 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.87 | -0.58 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.59 | -0.40 |
Drawdowns
B vs. SPY - Drawdown Comparison
The maximum B drawdown since its inception was -88.51%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for B and SPY.
Loading charts...
Drawdown Indicators
| B | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.51% | -55.19% | -33.32% |
Max Drawdown (1Y)Largest decline over 1 year | -29.31% | -8.88% | -20.43% |
Max Drawdown (3Y)Largest decline over 3 years | -29.31% | -18.76% | -10.55% |
Max Drawdown (5Y)Largest decline over 5 years | -47.96% | -24.50% | -23.46% |
Max Drawdown (10Y)Largest decline over 10 years | -57.13% | -33.72% | -23.41% |
Current DrawdownCurrent decline from peak | -18.21% | -0.33% | -17.88% |
Average DrawdownAverage peak-to-trough decline | -37.29% | -9.05% | -28.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.53% | 1.91% | +9.62% |
Volatility
B vs. SPY - Volatility Comparison
Barrick Mining Corporation (B) has a higher volatility of 16.45% compared to State Street SPDR S&P 500 ETF (SPY) at 2.79%. This indicates that B's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| B | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.45% | 2.79% | +13.66% |
Volatility (6M)Calculated over the trailing 6-month period | 33.61% | 8.91% | +24.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.02% | 11.82% | +32.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.97% | 17.05% | +18.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.71% | 17.93% | +18.78% |
Dividends
B vs. SPY - Dividend Comparison
B's dividend yield for the trailing twelve months is around 2.15%, more than SPY's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
B Barrick Mining Corporation | 2.15% | 1.21% | 2.58% | 2.21% | 3.20% | 2.47% | 1.82% | 0.70% | 1.40% | 0.83% | 0.50% | 1.90% |
SPY State Street SPDR S&P 500 ETF | 0.98% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
B and SPY have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
B has higher volatility (16.45%) compared to SPY (2.79%). In terms of maximum drawdown, B dropped -88.51% vs SPY's -55.19%.
B currently has the higher Sharpe Ratio (2.68 vs 2.42), 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 B and SPY
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