BTO.TO vs. ^TNX
Compare and contrast key facts about B2Gold Corp. (BTO.TO) and Treasury Yield 10 Years (^TNX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTO.TO or ^TNX.
Correlation
The correlation between BTO.TO and ^TNX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BTO.TO vs. ^TNX - Performance Comparison
Key characteristics
BTO.TO:
0.65
^TNX:
-0.31
BTO.TO:
1.17
^TNX:
-0.31
BTO.TO:
1.14
^TNX:
0.97
BTO.TO:
0.46
^TNX:
-0.13
BTO.TO:
1.98
^TNX:
-0.61
BTO.TO:
13.98%
^TNX:
11.35%
BTO.TO:
42.58%
^TNX:
21.97%
BTO.TO:
-86.75%
^TNX:
-93.78%
BTO.TO:
-48.18%
^TNX:
-46.34%
Returns By Period
In the year-to-date period, BTO.TO achieves a 21.93% return, which is significantly higher than ^TNX's -5.86% return. Over the past 10 years, BTO.TO has outperformed ^TNX with an annualized return of 10.05%, while ^TNX has yielded a comparatively lower 8.14% annualized return.
BTO.TO
21.93%
-3.17%
-6.79%
25.87%
-7.89%
10.05%
^TNX
-5.86%
-0.76%
1.72%
-8.52%
48.69%
8.14%
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Risk-Adjusted Performance
BTO.TO vs. ^TNX — Risk-Adjusted Performance Rank
BTO.TO
^TNX
BTO.TO vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTO.TO) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
BTO.TO vs. ^TNX - Drawdown Comparison
The maximum BTO.TO drawdown since its inception was -86.75%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for BTO.TO and ^TNX. For additional features, visit the drawdowns tool.
Volatility
BTO.TO vs. ^TNX - Volatility Comparison
B2Gold Corp. (BTO.TO) has a higher volatility of 20.38% compared to Treasury Yield 10 Years (^TNX) at 9.46%. This indicates that BTO.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.