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BTG vs. NEM
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

BTG vs. NEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in B2Gold Corp. (BTG) and Newmont Goldcorp Corporation (NEM). The values are adjusted to include any dividend payments, if applicable.

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BTG vs. NEM - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BTG
B2Gold Corp.
7.73%88.95%-18.07%-7.22%-5.13%-26.97%42.35%37.72%-5.81%30.80%
NEM
Newmont Goldcorp Corporation
14.19%172.82%-7.83%-8.76%-20.77%7.40%40.28%30.52%-6.15%10.91%

Fundamentals

EPS

BTG:

$0.27

NEM:

$7.91

PE Ratio

BTG:

18.26

NEM:

14.39

PEG Ratio

BTG:

0.02

NEM:

0.37

PS Ratio

BTG:

2.41

NEM:

5.41

Total Revenue (TTM)

BTG:

$3.07B

NEM:

$15.51B

Gross Profit (TTM)

BTG:

$1.53B

NEM:

$7.14B

EBITDA (TTM)

BTG:

$1.60B

NEM:

$13.38B

Returns By Period

In the year-to-date period, BTG achieves a 7.73% return, which is significantly lower than NEM's 14.19% return. Over the past 10 years, BTG has underperformed NEM with an annualized return of 13.70%, while NEM has yielded a comparatively higher 18.49% annualized return.


BTG

1D
6.84%
1M
-19.16%
YTD
7.73%
6M
-2.40%
1Y
70.02%
3Y*
11.49%
5Y*
5.75%
10Y*
13.70%

NEM

1D
5.12%
1M
-11.43%
YTD
14.19%
6M
33.04%
1Y
138.70%
3Y*
35.70%
5Y*
16.43%
10Y*
18.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

BTG vs. NEM — Risk / Return Rank

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

BTG
BTG Risk / Return Rank: 7676
Overall Rank
BTG Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
BTG Sortino Ratio Rank: 7373
Sortino Ratio Rank
BTG Omega Ratio Rank: 7373
Omega Ratio Rank
BTG Calmar Ratio Rank: 7777
Calmar Ratio Rank
BTG Martin Ratio Rank: 7575
Martin Ratio Rank

NEM
NEM Risk / Return Rank: 9494
Overall Rank
NEM Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
NEM Sortino Ratio Rank: 9191
Sortino Ratio Rank
NEM Omega Ratio Rank: 9292
Omega Ratio Rank
NEM Calmar Ratio Rank: 9393
Calmar Ratio Rank
NEM Martin Ratio Rank: 9595
Martin Ratio Rank
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.

BTG vs. NEM - Risk-Adjusted Trends 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.


BTGNEMDifference

Sharpe ratio

Return per unit of total volatility

1.29

3.02

-1.73

Sortino ratio

Return per unit of downside risk

1.78

3.05

-1.26

Omega ratio

Gain probability vs. loss probability

1.24

1.44

-0.21

Calmar ratio

Return relative to maximum drawdown

1.99

5.09

-3.10

Martin ratio

Return relative to average drawdown

4.73

16.88

-12.14

BTG vs. NEM - Sharpe Ratio Comparison

The current BTG Sharpe Ratio is 1.29, which is lower than the NEM Sharpe Ratio of 3.02. The chart below compares the historical Sharpe Ratios of BTG and NEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BTGNEMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.29

3.02

-1.73

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.13

0.45

-0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.52

-0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.15

0.13

+0.01

Correlation

The correlation between BTG and NEM is 0.61, 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.


Dividends

BTG vs. NEM - Dividend Comparison

BTG's dividend yield for the trailing twelve months is around 1.65%, more than NEM's 0.89% yield.


TTM20252024202320222021202020192018201720162015
BTG
B2Gold Corp.
1.65%1.77%6.56%5.06%4.48%4.07%1.96%0.25%0.00%0.00%0.00%0.00%
NEM
Newmont Goldcorp Corporation
0.89%1.00%2.69%3.87%4.66%3.55%1.74%3.31%1.62%0.67%0.37%0.56%

Drawdowns

BTG vs. NEM - Drawdown Comparison

The maximum BTG drawdown since its inception was -85.97%, which is greater than NEM's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for BTG and NEM.


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Drawdown Indicators


BTGNEMDifference

Max Drawdown

Largest peak-to-trough decline

-85.97%

-81.30%

-4.67%

Max Drawdown (1Y)

Largest decline over 1 year

-36.63%

-27.25%

-9.38%

Max Drawdown (5Y)

Largest decline over 5 years

-50.61%

-62.40%

+11.79%

Max Drawdown (10Y)

Largest decline over 10 years

-63.35%

-62.40%

-0.95%

Current Drawdown

Current decline from peak

-21.76%

-13.59%

-8.17%

Average Drawdown

Average peak-to-trough decline

-38.51%

-41.49%

+2.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.42%

8.22%

+7.20%

Volatility

BTG vs. NEM - Volatility Comparison

B2Gold Corp. (BTG) has a higher volatility of 19.34% compared to Newmont Goldcorp Corporation (NEM) at 14.22%. 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.


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Volatility by Period


BTGNEMDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.34%

14.22%

+5.12%

Volatility (6M)

Calculated over the trailing 6-month period

45.52%

37.77%

+7.75%

Volatility (1Y)

Calculated over the trailing 1-year period

54.58%

46.28%

+8.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.01%

36.92%

+7.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.65%

35.68%

+12.97%

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.001.00B2.00B3.00B4.00B5.00B6.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
1.07B
-13.00M
(BTG) Total Revenue
(NEM) Total Revenue
Values in USD except per share items