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BTO.TO vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BTO.TOSCHD
YTD Return-3.56%1.68%
1Y Return-27.57%7.99%
3Y Return (Ann)-8.86%4.74%
5Y Return (Ann)4.95%11.24%
10Y Return (Ann)4.59%11.13%
Sharpe Ratio-0.820.75
Daily Std Dev32.68%11.69%
Max Drawdown-86.75%-33.37%
Current Drawdown-52.16%-4.74%

Correlation

0.11
-1.001.00

The correlation between BTO.TO and SCHD is 0.11, 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. SCHD - Performance Comparison

In the year-to-date period, BTO.TO achieves a -3.56% return, which is significantly lower than SCHD's 1.68% return. Over the past 10 years, BTO.TO has underperformed SCHD with an annualized return of 4.59%, while SCHD has yielded a comparatively higher 11.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2024FebruaryMarchApril
-6.80%
11.21%
BTO.TO
SCHD

Compare stocks, funds, or ETFs


B2Gold Corp.

Schwab US Dividend Equity ETF

Risk-Adjusted Performance

BTO.TO vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for B2Gold Corp. (BTO.TO) and Schwab US Dividend Equity ETF (SCHD). 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.


BTO.TO
Sharpe ratio
The Sharpe ratio of BTO.TO compared to the broader market-2.00-1.000.001.002.003.004.00-0.72
Sortino ratio
The Sortino ratio of BTO.TO compared to the broader market-4.00-2.000.002.004.006.00-0.91
Omega ratio
The Omega ratio of BTO.TO compared to the broader market0.501.001.500.90
Calmar ratio
The Calmar ratio of BTO.TO compared to the broader market0.001.002.003.004.005.006.00-0.40
Martin ratio
The Martin ratio of BTO.TO compared to the broader market0.0010.0020.0030.00-1.00
SCHD
Sharpe ratio
The Sharpe ratio of SCHD compared to the broader market-2.00-1.000.001.002.003.004.000.68
Sortino ratio
The Sortino ratio of SCHD compared to the broader market-4.00-2.000.002.004.006.001.05
Omega ratio
The Omega ratio of SCHD compared to the broader market0.501.001.501.12
Calmar ratio
The Calmar ratio of SCHD compared to the broader market0.001.002.003.004.005.006.000.60
Martin ratio
The Martin ratio of SCHD compared to the broader market0.0010.0020.0030.002.29

BTO.TO vs. SCHD - Sharpe Ratio Comparison

The current BTO.TO Sharpe Ratio is -0.72, which is lower than the SCHD Sharpe Ratio of 0.68. The chart below compares the 12-month rolling Sharpe Ratio of BTO.TO and SCHD.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50NovemberDecember2024FebruaryMarchApril
-0.72
0.68
BTO.TO
SCHD

Dividends

BTO.TO vs. SCHD - Dividend Comparison

BTO.TO's dividend yield for the trailing twelve months is around 4.02%, more than SCHD's 3.48% yield.


TTM20232022202120202019201820172016201520142013
BTO.TO
B2Gold Corp.
4.02%3.82%4.41%3.21%1.54%0.14%0.00%0.00%0.00%0.00%0.00%0.00%
SCHD
Schwab US Dividend Equity ETF
3.48%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

BTO.TO vs. SCHD - Drawdown Comparison

The maximum BTO.TO drawdown since its inception was -86.75%, which is greater than SCHD's maximum drawdown of -33.37%. The drawdown chart below compares losses from any high point along the way for BTO.TO and SCHD


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-53.94%
-4.74%
BTO.TO
SCHD

Volatility

BTO.TO vs. SCHD - Volatility Comparison

B2Gold Corp. (BTO.TO) has a higher volatility of 10.83% compared to Schwab US Dividend Equity ETF (SCHD) at 3.78%. This indicates that BTO.TO's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2024FebruaryMarchApril
10.83%
3.78%
BTO.TO
SCHD