BTE vs. GOOG
BTE (Baytex Energy Corp) and GOOG (Alphabet Inc) are both stocks. BTE operates in Oil & Gas E&P (Energy), while GOOG operates in Internet Content & Information (Communication Services). Over the past 10 years, BTE returned 1.13%/yr vs 25.03%/yr for GOOG. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
BTE vs. GOOG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTE achieves a 42.23% return, which is significantly higher than GOOG's 13.80% return. Over the past 10 years, BTE has underperformed GOOG with an annualized return of 1.13%, while GOOG has yielded a comparatively higher 25.03% annualized return.
BTE
- 1D
- 7.04%
- 1M
- 17.22%
- 6M
- 33.94%
- YTD
- 42.23%
- 1Y
- 121.46%
- 3Y*
- 7.02%
- 5Y*
- 23.18%
- 10Y*
- 1.13%
- ALL TIME*
- -2.30%
GOOG
- 1D
- 6.88%
- 1M
- 0.13%
- 6M
- 5.49%
- YTD
- 13.80%
- 1Y
- 88.30%
- 3Y*
- 39.73%
- 5Y*
- 21.62%
- 10Y*
- 25.03%
- ALL TIME*
- 22.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $70.04M | $76.17M | $85.91M | |
GOOG Alphabet Inc | $7.78B | $6.87B | $7.98B |
BTE vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTE Baytex Energy Corp | 42.23% | 28.83% | -20.55% | -25.70% | 45.95% | 476.49% | -63.03% | -17.61% | -41.33% | -38.52% |
GOOG Alphabet Inc | 13.80% | 65.42% | 35.62% | 58.83% | -38.67% | 65.17% | 31.03% | 29.10% | -1.03% | 35.58% |
Correlation
The correlation between BTE and GOOG is -0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014 | 0.17 |
The correlation between BTE and GOOG shifts across timeframes, from -0.10 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BTE:
$3.29B
GOOG:
$4.32T
BTE:
-CA$0.95
GOOG:
$19.94
BTE:
13.17
GOOG:
9.79
BTE:
2.15
GOOG:
7.05
BTE:
CA$365.93M
GOOG:
$445.93B
BTE:
CA$17.21M
GOOG:
$271.59B
BTE:
CA$104.52M
GOOG:
$325.74B
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
BTE vs. GOOG — Risk / Return Rank
BTE
GOOG
BTE vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baytex Energy Corp (BTE) and Alphabet Inc (GOOG). 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.
| BTE | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.46 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.35 | 4.14 | +0.21 |
| Martin ratioReturn relative to average drawdown | 12.40 | 11.53 | +0.87 |
Loading charts...
Drawdowns
BTE vs. GOOG - Drawdown Comparison
The maximum BTE drawdown since its inception was -99.55%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for BTE and GOOG.
Loading charts...
Drawdown Indicators
| BTE | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.55% | -44.60% | -54.95% |
Max Drawdown (1Y)Largest decline over 1 year | -27.38% | -20.75% | -6.63% |
Max Drawdown (3Y)Largest decline over 3 years | -66.67% | -29.35% | -37.32% |
Max Drawdown (5Y)Largest decline over 5 years | -78.29% | -44.60% | -33.69% |
Max Drawdown (10Y)Largest decline over 10 years | -96.27% | -44.60% | -51.67% |
Current DrawdownCurrent decline from peak | -89.51% | -10.57% | -78.94% |
Average DrawdownAverage peak-to-trough decline | -60.92% | -8.93% | -51.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.58% | 7.44% | +2.14% |
Volatility
BTE vs. GOOG - Volatility Comparison
Baytex Energy Corp (BTE) and Alphabet Inc (GOOG) have volatilities of 12.65% and 13.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTE | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.65% | 13.08% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 30.77% | 24.59% | +6.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.23% | 31.77% | +14.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.01% | 31.80% | +22.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.25% | 29.34% | +35.91% |
Dividends
BTE vs. GOOG - Dividend Comparison
BTE's dividend yield for the trailing twelve months is around 1.42%, more than GOOG's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTE Baytex Energy Corp | 1.42% | 2.03% | 2.56% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 24.69% |
GOOG Alphabet Inc | 0.24% | 0.26% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BTE vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between Baytex Energy Corp and Alphabet Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BTE vs. GOOG - Profitability Comparison
BTE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Baytex Energy Corp reported a gross profit of 223.91M and revenue of 549.80M. Therefore, the gross margin over that period was 40.7%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alphabet Inc reported a gross profit of 73.85B and revenue of 119.80B. Therefore, the gross margin over that period was 61.7%.
BTE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Baytex Energy Corp reported an operating income of 203.10M and revenue of 549.80M, resulting in an operating margin of 36.9%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alphabet Inc reported an operating income of 40.77B and revenue of 119.80B, resulting in an operating margin of 34.0%.
BTE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Baytex Energy Corp reported a net income of 174.94M and revenue of 549.80M, resulting in a net margin of 31.8%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alphabet Inc reported a net income of 112.19B and revenue of 119.80B, resulting in a net margin of 93.7%.
Frequently Asked Questions
BTE and GOOG have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOG has higher volatility (13.08%) compared to BTE (12.65%). In terms of maximum drawdown, BTE dropped -99.55% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (2.71 vs 2.58), 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 BTE and GOOG
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