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SAND vs. BTG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SAND and BTG is 0.61, 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.


-0.50.00.51.00.6

Performance

SAND vs. BTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sandstorm Gold Ltd. (SAND) and B2Gold Corp. (BTG). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%SeptemberOctoberNovemberDecember2025February
16.27%
-6.00%
SAND
BTG

Key characteristics

Sharpe Ratio

SAND:

1.92

BTG:

0.29

Sortino Ratio

SAND:

2.45

BTG:

0.71

Omega Ratio

SAND:

1.32

BTG:

1.08

Calmar Ratio

SAND:

0.89

BTG:

0.19

Martin Ratio

SAND:

7.85

BTG:

0.83

Ulcer Index

SAND:

8.21%

BTG:

14.91%

Daily Std Dev

SAND:

33.69%

BTG:

41.84%

Max Drawdown

SAND:

-86.60%

BTG:

-85.98%

Current Drawdown

SAND:

-55.50%

BTG:

-56.91%

Fundamentals

Market Cap

SAND:

$1.92B

BTG:

$3.47B

EPS

SAND:

$0.12

BTG:

-$0.56

PEG Ratio

SAND:

0.00

BTG:

4.71

Total Revenue (TTM)

SAND:

$128.68M

BTG:

$1.43B

Gross Profit (TTM)

SAND:

$67.47M

BTG:

$561.10M

EBITDA (TTM)

SAND:

$87.68M

BTG:

-$65.52M

Returns By Period

In the year-to-date period, SAND achieves a 16.41% return, which is significantly higher than BTG's 7.79% return. Both investments have delivered pretty close results over the past 10 years, with SAND having a 7.34% annualized return and BTG not far behind at 7.08%.


SAND

YTD

16.41%

1M

13.76%

6M

16.27%

1Y

59.27%

5Y*

-1.39%

10Y*

7.34%

BTG

YTD

7.79%

1M

10.04%

6M

-6.00%

1Y

9.20%

5Y*

-6.85%

10Y*

7.08%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SAND vs. BTG — Risk-Adjusted Performance Rank

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

SAND
The Risk-Adjusted Performance Rank of SAND is 8585
Overall Rank
The Sharpe Ratio Rank of SAND is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of SAND is 8585
Sortino Ratio Rank
The Omega Ratio Rank of SAND is 8484
Omega Ratio Rank
The Calmar Ratio Rank of SAND is 7676
Calmar Ratio Rank
The Martin Ratio Rank of SAND is 8787
Martin Ratio Rank

BTG
The Risk-Adjusted Performance Rank of BTG is 5353
Overall Rank
The Sharpe Ratio Rank of BTG is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of BTG is 5050
Sortino Ratio Rank
The Omega Ratio Rank of BTG is 4747
Omega Ratio Rank
The Calmar Ratio Rank of BTG is 5454
Calmar Ratio Rank
The Martin Ratio Rank of BTG is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SAND vs. BTG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandstorm Gold Ltd. (SAND) 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.


Sharpe ratio
The chart of Sharpe ratio for SAND, currently valued at 1.92, compared to the broader market-2.000.002.004.001.920.29
The chart of Sortino ratio for SAND, currently valued at 2.45, compared to the broader market-6.00-4.00-2.000.002.004.006.002.450.71
The chart of Omega ratio for SAND, currently valued at 1.32, compared to the broader market0.501.001.502.001.321.08
The chart of Calmar ratio for SAND, currently valued at 0.89, compared to the broader market0.002.004.006.000.890.19
The chart of Martin ratio for SAND, currently valued at 7.85, compared to the broader market0.0010.0020.0030.007.850.83
SAND
BTG

The current SAND Sharpe Ratio is 1.92, which is higher than the BTG Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of SAND and BTG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2025February
1.92
0.29
SAND
BTG

Dividends

SAND vs. BTG - Dividend Comparison

SAND's dividend yield for the trailing twelve months is around 0.89%, less than BTG's 4.56% yield.


TTM202420232022202120202019
SAND
Sandstorm Gold Ltd.
0.89%1.05%1.19%1.16%0.00%0.00%0.00%
BTG
B2Gold Corp.
4.56%4.92%5.06%4.48%4.07%1.96%0.25%

Drawdowns

SAND vs. BTG - Drawdown Comparison

The maximum SAND drawdown since its inception was -86.60%, roughly equal to the maximum BTG drawdown of -85.98%. Use the drawdown chart below to compare losses from any high point for SAND and BTG. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%-45.00%SeptemberOctoberNovemberDecember2025February
-55.50%
-56.91%
SAND
BTG

Volatility

SAND vs. BTG - Volatility Comparison

The current volatility for Sandstorm Gold Ltd. (SAND) is 8.21%, while B2Gold Corp. (BTG) has a volatility of 10.45%. This indicates that SAND experiences smaller price fluctuations and is considered to be less risky than BTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%SeptemberOctoberNovemberDecember2025February
8.21%
10.45%
SAND
BTG

Financials

SAND vs. BTG - Financials Comparison

This section allows you to compare key financial metrics between Sandstorm Gold Ltd. 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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