BTSG vs. ATAI
BTSG (BrightSpring Health Services, Inc) and ATAI (Atai Life Sciences N.V.) are both stocks. Both are in the Healthcare sector — BTSG in Health Information Services, ATAI in Biotechnology. Over the past year, BTSG returned 193.54% vs 102.97% for ATAI. At a 0.18 correlation, their price movements are largely independent.
Performance
BTSG vs. ATAI - Performance Comparison
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Returns By Period
In the year-to-date period, BTSG achieves a 78.48% return, which is significantly higher than ATAI's 0.24% return.
BTSG
- 1D
- -0.54%
- 1M
- 14.26%
- YTD
- 78.48%
- 6M
- 76.92%
- 1Y
- 193.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ATAI
- 1D
- 1.23%
- 1M
- -5.09%
- YTD
- 0.24%
- 6M
- -5.31%
- 1Y
- 102.97%
- 3Y*
- 38.30%
- 5Y*
- -25.61%
- 10Y*
- —
BTSG vs. ATAI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTSG BrightSpring Health Services, Inc | 78.48% | 119.91% | 41.92% |
ATAI Atai Life Sciences N.V. | 0.24% | 207.52% | -23.56% |
Correlation
The correlation between BTSG and ATAI is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024 | 0.18 |
Fundamentals
BTSG:
$14.79B
ATAI:
$1.47B
BTSG:
$1.42
ATAI:
-$2.67
BTSG:
1.07
ATAI:
292.00
BTSG:
7.47
ATAI:
7.38
BTSG:
$13.65B
ATAI:
$3.49M
BTSG:
$1.66B
ATAI:
$3.49M
BTSG:
$572.07M
ATAI:
-$663.38M
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Return for Risk
BTSG vs. ATAI — Risk / Return Rank
BTSG
ATAI
BTSG vs. ATAI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BrightSpring Health Services, Inc (BTSG) and Atai Life Sciences N.V. (ATAI). 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.
| BTSG | ATAI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.54 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.27 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 10.86 | 2.15 | +8.71 |
| Martin ratioReturn relative to average drawdown | 36.86 | 3.38 | +33.48 |
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Drawdowns
BTSG vs. ATAI - Drawdown Comparison
The maximum BTSG drawdown since its inception was -35.56%, smaller than the maximum ATAI drawdown of -95.05%. Use the drawdown chart below to compare losses from any high point for BTSG and ATAI.
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Drawdown Indicators
| BTSG | ATAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.56% | -95.05% | +59.49% |
Max Drawdown (1Y)Largest decline over 1 year | -17.93% | -48.06% | +30.13% |
Max Drawdown (3Y)Largest decline over 3 years | — | -59.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -94.66% | — |
Current DrawdownCurrent decline from peak | -0.54% | -80.48% | +79.94% |
Average DrawdownAverage peak-to-trough decline | -7.70% | -80.78% | +73.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.28% | 30.58% | -25.30% |
Volatility
BTSG vs. ATAI - Volatility Comparison
The current volatility for BrightSpring Health Services, Inc (BTSG) is 10.26%, while Atai Life Sciences N.V. (ATAI) has a volatility of 19.36%. This indicates that BTSG experiences smaller price fluctuations and is considered to be less risky than ATAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTSG | ATAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 19.36% | -9.10% |
Volatility (6M)Calculated over the trailing 6-month period | 29.18% | 50.22% | -21.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.15% | 80.92% | -40.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.00% | 83.61% | -39.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.00% | 83.59% | -39.59% |
Dividends
BTSG vs. ATAI - Dividend Comparison
Neither BTSG nor ATAI has paid dividends to shareholders.
Financials
BTSG vs. ATAI - Financials Comparison
This section allows you to compare key financial metrics between BrightSpring Health Services, Inc and Atai Life Sciences N.V.. 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
Frequently Asked Questions
BTSG and ATAI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATAI has higher volatility (19.36%) compared to BTSG (10.26%). In terms of maximum drawdown, BTSG dropped -35.56% vs ATAI's -95.05%.
BTSG currently has the higher Sharpe Ratio (4.86 vs 1.32), 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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