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:
0.50
^TNX:
-0.19
BTO.TO:
1.06
^TNX:
-0.18
BTO.TO:
1.13
^TNX:
0.98
BTO.TO:
0.40
^TNX:
-0.09
BTO.TO:
1.69
^TNX:
-0.47
BTO.TO:
14.10%
^TNX:
10.56%
BTO.TO:
42.89%
^TNX:
21.91%
BTO.TO:
-86.75%
^TNX:
-93.78%
BTO.TO:
-49.03%
^TNX:
-46.72%
Returns By Period
In the year-to-date period, BTO.TO achieves a 19.93% return, which is significantly higher than ^TNX's -6.52% return. Over the past 10 years, BTO.TO has outperformed ^TNX with an annualized return of 10.15%, while ^TNX has yielded a comparatively lower 6.54% annualized return.
BTO.TO
19.93%
11.11%
0.55%
21.39%
-8.23%
10.15%
^TNX
-6.52%
0.31%
-1.52%
-4.83%
44.57%
6.54%
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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 16.59% compared to Treasury Yield 10 Years (^TNX) at 6.83%. 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.