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

Performance

BTG vs. SVM - Performance Comparison

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

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Returns By Period

In the year-to-date period, BTG achieves a -5.82% return, which is significantly lower than SVM's 35.63% return. Over the past 10 years, BTG has underperformed SVM with an annualized return of 9.37%, while SVM has yielded a comparatively higher 19.41% annualized 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%

SVM

1D
7.52%
1M
-28.00%
YTD
35.63%
6M
39.13%
1Y
166.61%
3Y*
57.23%
5Y*
13.01%
10Y*
19.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTG vs. SVM - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BTG
B2Gold Corp.
-5.82%88.95%-18.07%-7.22%-5.13%-26.97%42.35%37.72%-5.81%30.80%
SVM
Silvercorp Metals Inc.
35.63%179.29%14.88%-10.33%-20.60%-43.52%18.54%172.27%-18.96%12.52%

Correlation

The correlation between BTG and SVM is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.72

Correlation (3Y)
Calculated over the trailing 3-year period

0.67

Correlation (5Y)
Calculated over the trailing 5-year period

0.70

Correlation (10Y)
Calculated over the trailing 10-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Jun 24, 2008

0.57

The correlation between BTG and SVM shifts across timeframes, from 0.57 (all time) to 0.72 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

BTG:

$6.32B

SVM:

$2.50B

EPS

BTG:

$0.36

SVM:

-$0.05

PS Ratio

BTG:

1.74

SVM:

5.67

PB Ratio

BTG:

1.72

SVM:

2.65

Total Revenue (TTM)

BTG:

$3.67B

SVM:

$437.11M

Gross Profit (TTM)

BTG:

$1.89B

SVM:

$254.02M

EBITDA (TTM)

BTG:

$1.96B

SVM:

$185.32M

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Return for Risk

BTG vs. SVM — Risk / Return Rank

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

BTG
BTG Risk / Return Rank: 5252
Overall Rank
BTG Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
BTG Sortino Ratio Rank: 5050
Sortino Ratio Rank
BTG Omega Ratio Rank: 5050
Omega Ratio Rank
BTG Calmar Ratio Rank: 5353
Calmar Ratio Rank
BTG Martin Ratio Rank: 5252
Martin Ratio Rank

SVM
SVM Risk / Return Rank: 8989
Overall Rank
SVM Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
SVM Sortino Ratio Rank: 8585
Sortino Ratio Rank
SVM Omega Ratio Rank: 8585
Omega Ratio Rank
SVM Calmar Ratio Rank: 9090
Calmar Ratio Rank
SVM Martin Ratio Rank: 9292
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. SVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTG) and Silvercorp Metals Inc. (SVM). 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.


BTGSVMDifference
Sharpe ratioReturn per unit of total volatility

-2.14

Sortino ratioReturn per unit of downside risk

-1.84

Omega ratioGain probability vs. loss probability

1.10

1.34

-0.24

Calmar ratioReturn relative to maximum drawdown

0.42

4.30

-3.87

Martin ratioReturn relative to average drawdown

0.83

12.58

-11.74

BTG vs. SVM - Sharpe Ratio Comparison

The current BTG Sharpe Ratio is 0.28, which is lower than the SVM Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of BTG and SVM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BTG vs. SVM - Drawdown Comparison

The maximum BTG drawdown since its inception was -85.97%, smaller than the maximum SVM drawdown of -98.00%. Use the drawdown chart below to compare losses from any high point for BTG and SVM.


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Drawdown Indicators


BTGSVMDifference

Max Drawdown

Largest peak-to-trough decline

-85.97%

-98.00%

+12.03%

Max Drawdown (1Y)

Largest decline over 1 year

-36.97%

-39.02%

+2.05%

Max Drawdown (3Y)

Largest decline over 3 years

-36.97%

-42.86%

+5.89%

Max Drawdown (5Y)

Largest decline over 5 years

-48.92%

-67.44%

+18.52%

Max Drawdown (10Y)

Largest decline over 10 years

-63.35%

-76.19%

+12.84%

Current Drawdown

Current decline from peak

-31.60%

-42.85%

+11.25%

Average Drawdown

Average peak-to-trough decline

-38.35%

-71.64%

+33.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.70%

13.30%

+5.40%

Volatility

BTG vs. SVM - Volatility Comparison

The current volatility for B2Gold Corp. (BTG) is 15.76%, while Silvercorp Metals Inc. (SVM) has a volatility of 26.97%. This indicates that BTG experiences smaller price fluctuations and is considered to be less risky than SVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTGSVMDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.76%

26.97%

-11.21%

Volatility (6M)

Calculated over the trailing 6-month period

44.50%

56.61%

-12.11%

Volatility (1Y)

Calculated over the trailing 1-year period

55.48%

69.31%

-13.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.82%

55.63%

-10.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.23%

61.77%

-13.54%

Dividends

BTG vs. SVM - Dividend Comparison

BTG's dividend yield for the trailing twelve months is around 1.90%, more than SVM's 0.22% yield.


PositionTTM20252024202320222021202020192018201720162015
BTG
B2Gold Corp.
1.90%1.77%6.56%5.06%4.48%4.07%1.96%0.25%0.00%0.00%0.00%0.00%
SVM
Silvercorp Metals Inc.
0.22%0.30%0.83%0.95%0.84%0.66%0.37%0.44%1.19%0.76%0.43%2.13%

Financials

BTG vs. SVM - Financials Comparison

This section allows you to compare key financial metrics between B2Gold Corp. and Silvercorp Metals 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.


Quarterly
Annual

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


0.00200.00M400.00M600.00M800.00M1.00B1.20B20222023202420252026
1.14B
145.32M
(BTG) Total Revenue
(SVM) Total Revenue
Values in USD except per share items

BTG vs. SVM - Profitability Comparison

The chart below illustrates the profitability comparison between B2Gold Corp. and Silvercorp Metals Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%30.0%40.0%50.0%60.0%70.0%20222023202420252026
52.6%
68.8%
Portfolio components
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%.

SVM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported a gross profit of 99.96M and revenue of 145.32M. Therefore, the gross margin over that period was 68.8%.

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%.

SVM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported an operating income of 93.44M and revenue of 145.32M, resulting in an operating margin of 64.3%.

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%.

SVM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Silvercorp Metals Inc. reported a net income of -606.31K and revenue of 145.32M, resulting in a net margin of -0.4%.


Frequently Asked Questions


BTG and SVM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SVM has higher volatility (26.97%) compared to BTG (15.76%). In terms of maximum drawdown, BTG dropped -85.97% vs SVM's -98.00%.

SVM currently has the higher Sharpe Ratio (2.42 vs 0.28), 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.

Portfolio Optimizer

Find the right allocation for BTG and SVM

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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