BTG vs. SNAP
BTG (B2Gold Corp.) and SNAP (Snap Inc.) are both stocks. BTG operates in Gold (Basic Materials), while SNAP operates in Internet Content & Information (Communication Services). Over the past 5 years, BTG returned 1.08%/yr vs -39.35%/yr for SNAP. At a 0.09 correlation, their price movements are largely independent.
Performance
BTG vs. SNAP - Performance Comparison
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Returns By Period
In the year-to-date period, BTG achieves a -5.82% return, which is significantly higher than SNAP's -34.82% return.
BTG
- 1D
- 2.93%
- 1M
- -21.06%
- YTD
- -5.82%
- 6M
- -7.67%
- 1Y
- 15.53%
- 3Y*
- 8.86%
- 5Y*
- 1.08%
- 10Y*
- 9.37%
SNAP
- 1D
- -1.31%
- 1M
- -6.24%
- YTD
- -34.82%
- 6M
- -28.04%
- 1Y
- -36.63%
- 3Y*
- -20.12%
- 5Y*
- -39.35%
- 10Y*
- —
BTG vs. SNAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTG B2Gold Corp. | -5.82% | 88.95% | -18.07% | -7.22% | -5.13% | -26.97% | 42.35% | 37.72% | -5.81% | -2.82% |
SNAP Snap Inc. | -34.82% | -25.07% | -36.39% | 89.16% | -80.97% | -6.07% | 206.61% | 196.37% | -62.29% | -39.12% |
Correlation
The correlation between BTG and SNAP is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2017 | 0.09 |
Fundamentals
BTG:
$6.32B
SNAP:
$8.88B
BTG:
$0.36
SNAP:
-$0.24
BTG:
1.74
SNAP:
1.46
BTG:
1.72
SNAP:
4.26
BTG:
$3.67B
SNAP:
$6.10B
BTG:
$1.89B
SNAP:
$3.40B
BTG:
$1.96B
SNAP:
-$173.71M
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Return for Risk
BTG vs. SNAP — Risk / Return Rank
BTG
SNAP
BTG vs. SNAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTG) and Snap Inc. (SNAP). 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.
| BTG | SNAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.91 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | -0.59 | +1.01 |
| Martin ratioReturn relative to average drawdown | 0.83 | -1.06 | +1.90 |
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Drawdowns
BTG vs. SNAP - Drawdown Comparison
The maximum BTG drawdown since its inception was -85.97%, smaller than the maximum SNAP drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for BTG and SNAP.
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Drawdown Indicators
| BTG | SNAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.97% | -95.27% | +9.30% |
Max Drawdown (1Y)Largest decline over 1 year | -36.97% | -62.03% | +25.06% |
Max Drawdown (3Y)Largest decline over 3 years | -36.97% | -77.48% | +40.51% |
Max Drawdown (5Y)Largest decline over 5 years | -48.92% | -95.27% | +46.35% |
Max Drawdown (10Y)Largest decline over 10 years | -63.35% | — | — |
Current DrawdownCurrent decline from peak | -31.60% | -93.67% | +62.07% |
Average DrawdownAverage peak-to-trough decline | -38.35% | -60.04% | +21.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.70% | 34.45% | -15.75% |
Volatility
BTG vs. SNAP - Volatility Comparison
B2Gold Corp. (BTG) has a higher volatility of 15.76% compared to Snap Inc. (SNAP) at 12.67%. This indicates that BTG's price experiences larger fluctuations and is considered to be riskier than SNAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTG | SNAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.76% | 12.67% | +3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 44.50% | 41.17% | +3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.48% | 55.41% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.82% | 75.96% | -31.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.23% | 71.73% | -23.50% |
Dividends
BTG vs. SNAP - Dividend Comparison
BTG's dividend yield for the trailing twelve months is around 1.90%, while SNAP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BTG B2Gold Corp. | 1.90% | 1.77% | 6.56% | 5.06% | 4.48% | 4.07% | 1.96% | 0.25% |
SNAP Snap Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BTG vs. SNAP - Financials Comparison
This section allows you to compare key financial metrics between B2Gold Corp. and Snap 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
BTG vs. SNAP - Profitability Comparison
BTG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, B2Gold Corp. reported a gross profit of 601.32M and revenue of 1.14B. Therefore, the gross margin over that period was 52.6%.
SNAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Snap Inc. reported a gross profit of 863.55M and revenue of 1.53B. Therefore, the gross margin over that period was 56.5%.
BTG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, B2Gold Corp. reported an operating income of 572.52M and revenue of 1.14B, resulting in an operating margin of 50.1%.
SNAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Snap Inc. reported an operating income of -74.45M and revenue of 1.53B, resulting in an operating margin of -4.9%.
BTG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, B2Gold Corp. reported a net income of 197.17M and revenue of 1.14B, resulting in a net margin of 17.3%.
SNAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Snap Inc. reported a net income of -88.95M and revenue of 1.53B, resulting in a net margin of -5.8%.
Frequently Asked Questions
BTG and SNAP have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTG has higher volatility (15.76%) compared to SNAP (12.67%). In terms of maximum drawdown, BTG dropped -85.97% vs SNAP's -95.27%.
BTG currently has the higher Sharpe Ratio (0.28 vs -0.66), 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.
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