QS vs. BTG
QS (QuantumScape Corporation) and BTG (B2Gold Corp.) are both stocks. QS operates in Auto Parts (Consumer Cyclical), while BTG operates in Gold (Basic Materials). Over the past 5 years, QS returned -24.41%/yr vs 0.85%/yr for BTG. At a 0.21 correlation, their price movements are largely independent.
Performance
QS vs. BTG - Performance Comparison
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Returns By Period
In the year-to-date period, QS achieves a -26.49% return, which is significantly lower than BTG's -7.85% return.
QS
- 1D
- -0.13%
- 1M
- 1.59%
- YTD
- -26.49%
- 6M
- -39.21%
- 1Y
- 85.47%
- 3Y*
- 6.73%
- 5Y*
- -24.41%
- 10Y*
- —
BTG
- 1D
- -0.96%
- 1M
- -21.89%
- YTD
- -7.85%
- 6M
- -7.23%
- 1Y
- 14.91%
- 3Y*
- 6.93%
- 5Y*
- 0.85%
- 10Y*
- 9.81%
QS vs. BTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QS QuantumScape Corporation | -26.49% | 100.77% | -25.32% | 22.57% | -74.45% | -73.72% | 757.36% |
BTG B2Gold Corp. | -7.85% | 88.95% | -18.07% | -7.22% | -5.13% | -26.97% | -15.57% |
Correlation
The correlation between QS and BTG is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2020 | 0.21 |
Fundamentals
QS:
$4.68B
BTG:
$6.22B
QS:
-$0.72
BTG:
$0.36
QS:
4.22
BTG:
1.69
QS:
$0.00
BTG:
$3.67B
QS:
-$49.03M
BTG:
$1.89B
QS:
-$378.92M
BTG:
$1.96B
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Return for Risk
QS vs. BTG — Risk / Return Rank
QS
BTG
QS vs. BTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QuantumScape Corporation (QS) and B2Gold Corp. (BTG). 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.
| QS | BTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.09 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.41 | +0.86 |
| Martin ratioReturn relative to average drawdown | 2.00 | 0.82 | +1.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QS | BTG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.27 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.29 | 0.02 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 0.13 | -0.17 |
Drawdowns
QS vs. BTG - Drawdown Comparison
The maximum QS drawdown since its inception was -97.36%, which is greater than BTG's maximum drawdown of -85.97%. Use the drawdown chart below to compare losses from any high point for QS and BTG.
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Drawdown Indicators
| QS | BTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.36% | -85.97% | -11.39% |
Max Drawdown (1Y)Largest decline over 1 year | -67.68% | -36.63% | -31.05% |
Max Drawdown (3Y)Largest decline over 3 years | -73.93% | -36.72% | -37.21% |
Max Drawdown (5Y)Largest decline over 5 years | -91.45% | -48.92% | -42.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.35% | — |
Current DrawdownCurrent decline from peak | -94.18% | -33.08% | -61.10% |
Average DrawdownAverage peak-to-trough decline | -85.55% | -38.36% | -47.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.96% | 18.20% | +24.76% |
Volatility
QS vs. BTG - Volatility Comparison
QuantumScape Corporation (QS) has a higher volatility of 26.40% compared to B2Gold Corp. (BTG) at 15.99%. This indicates that QS's price experiences larger fluctuations and is considered to be riskier than BTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QS | BTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.40% | 15.99% | +10.41% |
Volatility (6M)Calculated over the trailing 6-month period | 48.57% | 44.03% | +4.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.45% | 55.17% | +48.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.88% | 44.73% | +41.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 106.01% | 48.23% | +57.78% |
Dividends
QS vs. BTG - Dividend Comparison
QS has not paid dividends to shareholders, while BTG's dividend yield for the trailing twelve months is around 1.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BTG B2Gold Corp. | 1.93% | 1.77% | 6.56% | 5.06% | 4.48% | 4.07% | 1.96% | 0.25% |
QS QuantumScape Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
QS vs. BTG - Financials Comparison
This section allows you to compare key financial metrics between QuantumScape Corporation and B2Gold Corp.. 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
QS and BTG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QS has higher volatility (26.40%) compared to BTG (15.99%). In terms of maximum drawdown, QS dropped -97.36% vs BTG's -85.97%.
QS currently has the higher Sharpe Ratio (0.83 vs 0.27), 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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