B vs. PSCE

Last updated Jul 11, 2026

B (Barrick Mining Corporation) is a stock, while PSCE (Invesco S&P SmallCap Energy ETF) is Energy Equities fund tracking the S&P SmallCap 600 Energy Index. Over the past 10 years, B returned 7.88%/yr vs -2.94%/yr for PSCE. At a 0.18 correlation, their price movements are largely independent.

Performance

B vs. PSCE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrick Mining Corporation (B) and Invesco S&P SmallCap Energy ETF (PSCE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, B achieves a -14.71% return, which is significantly lower than PSCE's 31.35% return. Over the past 10 years, B has outperformed PSCE with an annualized return of 7.88%, while PSCE has yielded a comparatively lower -2.94% annualized return.

B

• 1D: -0.41%
• 1M: -8.76%
• 6M: -22.31%
• YTD: -14.71%
• 1Y: 76.80%
• 3Y*: 32.98%
• 5Y*: 14.38%
• 10Y*: 7.88%

PSCE

• 1D: 0.58%
• 1M: -6.76%
• 6M: 24.42%
• YTD: 31.35%
• 1Y: 37.46%
• 3Y*: 5.81%
• 5Y*: 9.61%
• 10Y*: -2.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

B vs. PSCE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
B Barrick Mining Corporation	-14.71%	186.91%	-12.29%	7.86%	-6.81%	-14.75%	24.60%	38.45%	-5.01%	-8.80%
PSCE Invesco S&P SmallCap Energy ETF	31.35%	-9.00%	-5.47%	5.07%	48.45%	59.85%	-40.31%	-14.93%	-42.98%	-26.70%

Correlation

The correlation between B and PSCE is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Apr 7, 2010	0.18

The correlation between B and PSCE shifts across timeframes, from 0.03 (1 year) to 0.21 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

B vs. PSCE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

B

B Risk / Return Rank: 83
B Sharpe Ratio Rank: 88
B Sortino Ratio Rank: 81
B Omega Ratio Rank: 83
B Calmar Ratio Rank: 83
B Martin Ratio Rank: 81

PSCE

PSCE Risk / Return Rank: 51
PSCE Sharpe Ratio Rank: 50
PSCE Sortino Ratio Rank: 48
PSCE Omega Ratio Rank: 45
PSCE Calmar Ratio Rank: 60
PSCE Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

B vs. PSCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrick Mining Corporation (B) and Invesco S&P SmallCap Energy ETF (PSCE). 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.

	B	PSCE	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.40	+0.30
Sortino ratio: Return per unit of downside risk	2.13	1.93	+0.19
Omega ratio: Gain probability vs. loss probability	1.29	1.24	+0.05
Calmar ratio: Return relative to maximum drawdown	2.48	2.38	+0.10
Martin ratio: Return relative to average drawdown	5.53	7.53	-2.00

B vs. PSCE - Sharpe Ratio Comparison

The current B Sharpe Ratio is 1.70, which is comparable to the PSCE Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of B and PSCE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

B vs. PSCE - Drawdown Comparison

The maximum B drawdown since its inception was -88.51%, smaller than the maximum PSCE drawdown of -96.21%. Use the drawdown chart below to compare losses from any high point for B and PSCE.

Drawdown Indicators

	B	PSCE	Difference
Max Drawdown Largest peak-to-trough decline	-88.51%	-96.21%	+7.70%
Max Drawdown (1Y) Largest decline over 1 year	-31.69%	-16.17%	-15.52%
Max Drawdown (3Y) Largest decline over 3 years	-31.69%	-44.57%	+12.88%
Max Drawdown (5Y) Largest decline over 5 years	-47.96%	-45.42%	-2.54%
Max Drawdown (10Y) Largest decline over 10 years	-56.24%	-90.70%	+34.46%
Current Drawdown Current decline from peak	-29.89%	-76.66%	+46.77%
Average Drawdown Average peak-to-trough decline	-37.26%	-58.93%	+21.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.17%	5.09%	+9.08%

Volatility

B vs. PSCE - Volatility Comparison

Barrick Mining Corporation (B) has a higher volatility of 14.45% compared to Invesco S&P SmallCap Energy ETF (PSCE) at 8.35%. This indicates that B's price experiences larger fluctuations and is considered to be riskier than PSCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	B	PSCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.45%	8.35%	+6.10%
Volatility (6M) Calculated over the trailing 6-month period	35.92%	19.80%	+16.12%
Volatility (1Y) Calculated over the trailing 1-year period	46.15%	27.42%	+18.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.46%	37.25%	-0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.86%	43.08%	-6.22%

Dividends

B vs. PSCE - Dividend Comparison

B's dividend yield for the trailing twelve months is around 2.51%, more than PSCE's 2.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
B Barrick Mining Corporation	2.51%	1.21%	2.58%	2.21%	3.20%	2.47%	1.82%	0.70%	1.40%	0.83%	0.50%	1.90%
PSCE Invesco S&P SmallCap Energy ETF	2.30%	2.39%	1.70%	2.57%	1.70%	0.46%	0.87%	0.14%	0.22%	0.04%	0.22%	0.82%

Frequently Asked Questions

Can I hold both B and PSCE in my portfolio?

B and PSCE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, B or PSCE?

B has higher volatility (14.45%) compared to PSCE (8.35%). In terms of maximum drawdown, B dropped -88.51% vs PSCE's -96.21%.

Which has better risk-adjusted returns?

B currently has the higher Sharpe Ratio (1.70 vs 1.40), 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.