BTG vs. NEM
Compare and contrast key facts about B2Gold Corp. (BTG) and Newmont Goldcorp Corporation (NEM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTG or NEM.
Correlation
The correlation between BTG and NEM is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BTG vs. NEM - Performance Comparison
Key characteristics
BTG:
-0.52
NEM:
-0.25
BTG:
-0.53
NEM:
-0.10
BTG:
0.94
NEM:
0.99
BTG:
-0.35
NEM:
-0.15
BTG:
-1.47
NEM:
-0.62
BTG:
15.09%
NEM:
14.84%
BTG:
42.25%
NEM:
36.68%
BTG:
-85.98%
NEM:
-77.75%
BTG:
-60.02%
NEM:
-52.22%
Fundamentals
BTG:
$3.39B
NEM:
$45.31B
BTG:
-$0.56
NEM:
-$2.19
BTG:
4.71
NEM:
0.79
BTG:
$1.89B
NEM:
$16.84B
BTG:
$745.33M
NEM:
$3.64B
BTG:
$161.48M
NEM:
$3.88B
Returns By Period
In the year-to-date period, BTG achieves a -19.21% return, which is significantly lower than NEM's -8.33% return. Over the past 10 years, BTG has underperformed NEM with an annualized return of 6.81%, while NEM has yielded a comparatively higher 9.91% annualized return.
BTG
-19.21%
-12.86%
-6.89%
-19.97%
-3.49%
6.81%
NEM
-8.33%
-13.76%
-12.59%
-7.73%
1.17%
9.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BTG vs. NEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTG) and Newmont Goldcorp Corporation (NEM). 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.
Dividends
BTG vs. NEM - Dividend Comparison
BTG's dividend yield for the trailing twelve months is around 4.92%, more than NEM's 2.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTG B2Gold Corp. | 4.92% | 5.06% | 4.48% | 4.07% | 1.96% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEM Newmont Goldcorp Corporation | 2.70% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% | 1.19% | 5.32% |
Drawdowns
BTG vs. NEM - Drawdown Comparison
The maximum BTG drawdown since its inception was -85.98%, which is greater than NEM's maximum drawdown of -77.75%. Use the drawdown chart below to compare losses from any high point for BTG and NEM. For additional features, visit the drawdowns tool.
Volatility
BTG vs. NEM - Volatility Comparison
B2Gold Corp. (BTG) has a higher volatility of 11.02% compared to Newmont Goldcorp Corporation (NEM) at 7.88%. This indicates that BTG's price experiences larger fluctuations and is considered to be riskier than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BTG vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between B2Gold Corp. and Newmont Goldcorp Corporation. 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