OTLY vs. BYND

Last updated Apr 2, 2026

Compare and contrast key facts about Oatly Group AB (OTLY) and Beyond Meat, Inc. (BYND).

Performance

OTLY vs. BYND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oatly Group AB (OTLY) and Beyond Meat, Inc. (BYND). The values are adjusted to include any dividend payments, if applicable.

OTLY vs. BYND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OTLY Oatly Group AB	-4.58%	-19.36%	-43.83%	-32.18%	-78.14%	-60.59%
BYND Beyond Meat, Inc.	-24.34%	-78.19%	-57.75%	-27.70%	-81.11%	-39.40%

Fundamentals

Market Cap OTLY : $318.11M BYND : $296.41M
EPS OTLY : -$5.02 BYND : $1.03
PS Ratio OTLY : 0.36 BYND : 0.47
PB Ratio OTLY : 17.14 BYND : 3.96
Total Revenue (TTM) OTLY : $862.46M BYND : $275.50M
Gross Profit (TTM) OTLY : $277.06M BYND : $7.65M
EBITDA (TTM) OTLY : -$70.26M BYND : -$290.85M

Returns By Period

In the year-to-date period, OTLY achieves a -4.58% return, which is significantly higher than BYND's -24.34% return.

OTLY

• 1D: 0.59%
• 1M: -12.82%
• YTD: -4.58%
• 6M: -33.42%
• 1Y: 5.15%
• 3Y*: -40.49%
• 5Y*: —
• 10Y*: —

BYND

• 1D: -11.57%
• 1M: -24.80%
• YTD: -24.34%
• 6M: -73.14%
• 1Y: -79.79%
• 3Y*: -66.31%
• 5Y*: -65.74%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

OTLY vs. BYND — Risk / Return Rank

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

OTLY

OTLY Risk / Return Rank: 42
OTLY Sharpe Ratio Rank: 43
OTLY Sortino Ratio Rank: 43
OTLY Omega Ratio Rank: 41
OTLY Calmar Ratio Rank: 43
OTLY Martin Ratio Rank: 42

BYND

BYND Risk / Return Rank: 23
BYND Sharpe Ratio Rank: 25
BYND Sortino Ratio Rank: 36
BYND Omega Ratio Rank: 35
BYND Calmar Ratio Rank: 7
BYND Martin Ratio Rank: 11

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.

OTLY vs. BYND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oatly Group AB (OTLY) and Beyond Meat, Inc. (BYND). 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.

	OTLY	BYND	Difference
Sharpe ratio Return per unit of total volatility	0.09	-0.35	+0.43
Sortino ratio Return per unit of downside risk	0.57	0.28	+0.29
Omega ratio Gain probability vs. loss probability	1.06	1.04	+0.03
Calmar ratio Return relative to maximum drawdown	0.08	-0.91	+0.99
Martin ratio Return relative to average drawdown	0.15	-1.42	+1.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OTLY vs. BYND - Sharpe Ratio Comparison

The current OTLY Sharpe Ratio is 0.09, which is higher than the BYND Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of OTLY and BYND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OTLY	BYND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	-0.35	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	-0.43	-0.24

Correlation

The correlation between OTLY and BYND is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OTLY vs. BYND - Dividend Comparison

Neither OTLY nor BYND has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

OTLY vs. BYND - Drawdown Comparison

The maximum OTLY drawdown since its inception was -98.81%, roughly equal to the maximum BYND drawdown of -99.78%. Use the drawdown chart below to compare losses from any high point for OTLY and BYND.

Drawdown Indicators

	OTLY	BYND	Difference
Max Drawdown Largest peak-to-trough decline	-98.81%	-99.78%	+0.97%
Max Drawdown (1Y) Largest decline over 1 year	-48.11%	-87.85%	+39.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-99.67%	—
Current Drawdown Current decline from peak	-98.22%	-99.74%	+1.52%
Average Drawdown Average peak-to-trough decline	-87.26%	-74.98%	-12.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.55%	56.13%	-30.58%

Volatility

OTLY vs. BYND - Volatility Comparison

The current volatility for Oatly Group AB (OTLY) is 13.22%, while Beyond Meat, Inc. (BYND) has a volatility of 26.90%. This indicates that OTLY experiences smaller price fluctuations and is considered to be less risky than BYND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OTLY	BYND	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.22%	26.90%	-13.68%
Volatility (6M) Calculated over the trailing 6-month period	42.85%	170.86%	-128.01%
Volatility (1Y) Calculated over the trailing 1-year period	58.79%	231.18%	-172.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.55%	124.51%	-44.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.55%	115.54%	-35.99%

Financials