BNAI vs. BTE

Last updated Jul 11, 2026

BNAI (Brand Engagement Network Inc) and BTE (Baytex Energy Corp) are both stocks. BNAI operates in Software - Infrastructure (Technology), while BTE operates in Oil & Gas E&P (Energy). Over the past year, BNAI returned 302.80% vs 116.20% for BTE. At a 0.02 correlation, their price movements are largely independent.

Performance

BNAI vs. BTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brand Engagement Network Inc (BNAI) and Baytex Energy Corp (BTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNAI achieves a 508.19% return, which is significantly higher than BTE's 26.95% return.

BNAI

• 1D: -0.91%
• 1M: -33.97%
• 6M: 294.13%
• YTD: 508.19%
• 1Y: 302.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTE

• 1D: 0.49%
• 1M: -11.98%
• 6M: 23.88%
• YTD: 26.95%
• 1Y: 116.20%
• 3Y*: 7.55%
• 5Y*: 17.43%
• 10Y*: -2.78%

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

BNAI vs. BTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BNAI Brand Engagement Network Inc	508.19%	-76.18%	-90.12%
BTE Baytex Energy Corp	26.95%	28.83%	-19.34%

Correlation

The correlation between BNAI and BTE is -0.06, 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	-0.06
Correlation (All Time) Calculated using the full available price history since Mar 14, 2024	0.02

Fundamentals

Market Cap BNAI : $68.59M BTE : $2.90B
EPS BNAI : -$2.01 BTE : -CA$0.97
PS Ratio BNAI : 220.33 BTE : 8.31
PB Ratio BNAI : 17.84 BTE : 2.01
Total Revenue (TTM) BNAI : $275.12K BTE : CA$528.79M
Gross Profit (TTM) BNAI : $0.00 BTE : -CA$81.49M
EBITDA (TTM) BNAI : -$8.76M BTE : CA$388.25M

Return for Risk

BNAI vs. BTE — Risk / Return Rank

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

BNAI

BNAI Risk / Return Rank: 87
BNAI Sharpe Ratio Rank: 70
BNAI Sortino Ratio Rank: 98
BNAI Omega Ratio Rank: 97
BNAI Calmar Ratio Rank: 89
BNAI Martin Ratio Rank: 83

BTE

BTE Risk / Return Rank: 93
BTE Sharpe Ratio Rank: 95
BTE Sortino Ratio Rank: 92
BTE Omega Ratio Rank: 90
BTE Calmar Ratio Rank: 92
BTE Martin Ratio Rank: 94

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.

BNAI vs. BTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brand Engagement Network Inc (BNAI) and Baytex Energy Corp (BTE). 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.

	BNAI	BTE	Difference
Sharpe ratio: Return per unit of total volatility	0.77	2.54	-1.77
Sortino ratio: Return per unit of downside risk	4.68	3.04	+1.64
Omega ratio: Gain probability vs. loss probability	1.56	1.37	+0.19
Calmar ratio: Return relative to maximum drawdown	3.43	4.27	-0.84
Martin ratio: Return relative to average drawdown	6.00	14.03	-8.02

BNAI vs. BTE - Sharpe Ratio Comparison

The current BNAI Sharpe Ratio is 0.77, which is lower than the BTE Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of BNAI and BTE, 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

BNAI vs. BTE - Drawdown Comparison

The maximum BNAI drawdown since its inception was -99.13%, roughly equal to the maximum BTE drawdown of -99.55%. Use the drawdown chart below to compare losses from any high point for BNAI and BTE.

Drawdown Indicators

	BNAI	BTE	Difference
Max Drawdown Largest peak-to-trough decline	-99.13%	-99.55%	+0.42%
Max Drawdown (1Y) Largest decline over 1 year	-82.63%	-27.38%	-55.25%
Max Drawdown (3Y) Largest decline over 3 years	—	-66.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-78.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-96.27%	—
Current Drawdown Current decline from peak	-89.74%	-90.63%	+0.89%
Average Drawdown Average peak-to-trough decline	-88.26%	-60.83%	-27.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.24%	8.32%	+38.92%

Volatility

BNAI vs. BTE - Volatility Comparison

Brand Engagement Network Inc (BNAI) has a higher volatility of 31.12% compared to Baytex Energy Corp (BTE) at 11.38%. This indicates that BNAI's price experiences larger fluctuations and is considered to be riskier than BTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNAI	BTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.12%	11.38%	+19.74%
Volatility (6M) Calculated over the trailing 6-month period	209.98%	30.73%	+179.25%
Volatility (1Y) Calculated over the trailing 1-year period	367.88%	46.03%	+321.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	290.86%	54.21%	+236.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	290.86%	65.39%	+225.47%

Dividends

BNAI vs. BTE - Dividend Comparison

BNAI has not paid dividends to shareholders, while BTE's dividend yield for the trailing twelve months is around 1.59%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNAI Brand Engagement Network Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BTE Baytex Energy Corp	1.59%	2.03%	2.56%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	24.69%

Financials

Frequently Asked Questions

Can I hold both BNAI and BTE in my portfolio?

BNAI and BTE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNAI or BTE?

BNAI has higher volatility (31.12%) compared to BTE (11.38%). In terms of maximum drawdown, BNAI dropped -99.13% vs BTE's -99.55%.

Which has better risk-adjusted returns?

BTE currently has the higher Sharpe Ratio (2.54 vs 0.77), 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.