B vs. SPY

Last updated Apr 1, 2026

Compare and contrast key facts about Barrick Mining Corporation (B) and State Street SPDR S&P 500 ETF (SPY).

SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.

Performance

B vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrick Mining Corporation (B) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

B vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
B Barrick Mining Corporation	-5.55%	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	-4.37%	17.72%	24.89%	26.18%	-18.18%	28.73%	18.33%	31.22%	-4.57%	21.71%

Returns By Period

In the year-to-date period, B achieves a -5.55% return, which is significantly lower than SPY's -4.37% return. Both investments have delivered pretty close results over the past 10 years, with B having a 13.59% annualized return and SPY not far ahead at 13.98%.

B

• 1D: 6.09%
• 1M: -19.61%
• YTD: -5.55%
• 6M: 26.06%
• 1Y: 114.85%
• 3Y*: 33.08%
• 5Y*: 17.79%
• 10Y*: 13.59%

SPY

• 1D: 2.91%
• 1M: -4.94%
• YTD: -4.37%
• 6M: -1.82%
• 1Y: 17.59%
• 3Y*: 18.19%
• 5Y*: 11.69%
• 10Y*: 13.98%

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

Return for Risk

B vs. SPY — Risk / Return Rank

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

B

B Risk / Return Rank: 92
B Sharpe Ratio Rank: 95
B Sortino Ratio Rank: 90
B Omega Ratio Rank: 91
B Calmar Ratio Rank: 91
B Martin Ratio Rank: 94

SPY

SPY Risk / Return Rank: 64
SPY Sharpe Ratio Rank: 56
SPY Sortino Ratio Rank: 60
SPY Omega Ratio Rank: 65
SPY Calmar Ratio Rank: 65
SPY Martin Ratio Rank: 75

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. 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 ratio Return per unit of total volatility	2.62	0.93	+1.69
Sortino ratio Return per unit of downside risk	2.81	1.45	+1.35
Omega ratio Gain probability vs. loss probability	1.40	1.22	+0.18
Calmar ratio Return relative to maximum drawdown	4.03	1.53	+2.51
Martin ratio Return relative to average drawdown	14.46	7.30	+7.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

B vs. SPY - Sharpe Ratio Comparison

The current B Sharpe Ratio is 2.62, which is higher than the SPY Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of B and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	B	SPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	0.93	+1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.69	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.78	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.56	-0.38

Correlation

The correlation between B and SPY is 0.12, 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.

Dividends

B vs. SPY - Dividend Comparison

B's dividend yield for the trailing twelve months is around 2.07%, more than SPY's 1.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
B Barrick Mining Corporation	2.07%	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	1.14%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

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.

Drawdown Indicators

	B	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-88.51%	-55.19%	-33.32%
Max Drawdown (1Y) Largest decline over 1 year	-29.31%	-12.05%	-17.26%
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 Drawdown Current decline from peak	-22.36%	-6.24%	-16.12%
Average Drawdown Average peak-to-trough decline	-37.37%	-9.09%	-28.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.18%	2.52%	+5.66%

Volatility

B vs. SPY - Volatility Comparison

Barrick Mining Corporation (B) has a higher volatility of 15.84% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. 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.

Volatility by Period

	B	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.84%	5.31%	+10.53%
Volatility (6M) Calculated over the trailing 6-month period	34.70%	9.47%	+25.23%
Volatility (1Y) Calculated over the trailing 1-year period	44.13%	19.05%	+25.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.37%	17.06%	+18.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.20%	17.92%	+19.28%