ARE vs BTG

Comparison between Alexandria Real Estate Equities Inc (ARE, Company) and B2gold Corp (BTG, Company).

ARE is from the Real Estate sector, while BTG is from the Basic Materials sector.

5-Year PerformanceBTG has outperformed ARE, delivering a return of +3.3% compared to -20.4%

ARE vs BTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARE(COMPANY)	BTG(COMPANY)
Market Cap	$8.07B	$8.05B
Max Drawdown	81.93%	85.97%
Sharpe Ratio	-0.78	1.20
5Y Beta	0.79	0.74
Industry	Reit - Office	Gold
P/E Ratio	667.01	15.14
Forward P/E	16.69	6.72
PEG Ratio	3.24	4.71
Dividend Yield	8.84%	1.54%
5Y Dividends CAGR	4.66%	-7.79%
5Y EPS CAGR	-56.32%	-10.26%
Debt to Equity	79.57%	14.16%
Free Cash Flow Yield	17.39%	5.26%
P/S Ratio	2.67	1.77
P/B Ratio	0.51	1.92

Market Cap

Winner

ARE

$8.07B

BTG

$8.05B

Max Drawdown

Winner

ARE

81.93%

BTG

85.97%

Sharpe Ratio

ARE

-0.78

Winner

BTG

1.20

5Y Beta

ARE

0.79

Winner

BTG

0.74

Industry

ARE

Reit - Office

BTG

Gold

P/E Ratio

ARE

667.01

Winner

BTG

15.14

Forward P/E

ARE

16.69

Winner

BTG

6.72

PEG Ratio

Winner

ARE

3.24

BTG

4.71

Dividend Yield

Winner

ARE

8.84%

BTG

1.54%

5Y Dividends CAGR

Winner

ARE

4.66%

BTG

-7.79%

5Y EPS CAGR

ARE

-56.32%

Winner

BTG

-10.26%

Debt to Equity

ARE

79.57%

Winner

BTG

14.16%

Free Cash Flow Yield

Winner

ARE

17.39%

BTG

5.26%

P/S Ratio

ARE

2.67

Winner

BTG

1.77

P/B Ratio

Winner

ARE

0.51

BTG

1.92

ARE vs BTG - Historical Returns

Returns include dividend reinvestment.

Period	ARE	BTG
1 month	-5.55%	-0.61%
3 months	-13.00%	-9.10%
6 months	-11.38%	+20.26%
1 year	-33.02%	+69.42%
5 years(CAGR)	-20.36%	+3.34%
10 years(CAGR)	-3.98%	+11.02%
Max(CAGR)	+5.44%	+8.50%

ARE

-5.55%

Winner

BTG

-0.61%

ARE

-13.00%

Winner

BTG

-9.10%

ARE

-11.38%

Winner

BTG

+20.26%

ARE

-33.02%

Winner

BTG

+69.42%

5Y(CAGR)

ARE

-20.36%

Winner

BTG

+3.34%

10Y(CAGR)

ARE

-3.98%

Winner

BTG

+11.02%

Max(CAGR)

ARE

+5.44%

Winner

BTG

+8.50%

ARE vs BTG - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ARE	BTG
2026	-6.74%	+9.08%
2025	-46.57%	+78.02%
2024	-21.07%	-17.05%
2023	-8.19%	-9.96%
2022	-31.68%	-2.86%
2021	+33.67%	-30.96%
2020	+14.57%	+45.22%
2019	+49.03%	+38.18%
2018	-8.55%	-4.89%
2017	+21.55%	+22.53%
2016	+28.69%	+130.10%
2015	+4.07%	-41.04%
2014	+44.49%	-24.30%
2013	-6.29%	-46.37%
2012	+3.73%	+15.17%
2011	-4.94%	+15.86%
2010	+17.81%	+122.79%
2009	+14.72%	+224.08%
2008	-39.21%	-75.00%
2007	+3.95%	N/A
2006	+25.64%	N/A
2005	+14.37%	N/A
2004	+33.99%	N/A
2003	+43.62%	N/A
2002	+9.02%	N/A
2001	+16.49%	N/A
2000	+23.77%	N/A
1999	+10.68%	N/A

ARE vs BTG Drawdown Comparison

The maximum drawdown for ARE was -77.96%, occurring on Apr 28, 2026. This drawdown has not yet recovered.

The maximum drawdown for BTG was -85.97%, occurring on Jan 25, 2016. Recovery took 1982 trading sessions.

The current ARE drawdown is -75.47%. The current BTG drawdown is -20.96%.

Rank	ARE	BTG
#1	-77.96% Dec 30, 2021 - Apr 28, 2026	-85.97% Apr 2, 2012 - Feb 19, 2020
#2	-71.87% Sep 19, 2008 - Jan 7, 2015	-83.33% Jun 24, 2008 - Apr 9, 2010
#3	-34.31% Feb 14, 2020 - Jul 28, 2020	-63.35% Aug 5, 2020 - Oct 16, 2025
#4	-27.66% Mar 20, 2015 - May 25, 2016	-43.30% Feb 24, 2020 - Apr 22, 2020
#5	-22.89% Feb 8, 2007 - Aug 11, 2008	-36.64% Feb 26, 2026 - Mar 20, 2026
#6	-20.94% Jun 28, 2002 - Jul 8, 2003	-36.51% Sep 16, 2011 - Mar 12, 2012
#7	-19.97% Feb 11, 2004 - Aug 24, 2004	-36.20% Oct 16, 2025 - Feb 24, 2026
#8	-15.30% Dec 18, 2017 - Jan 30, 2019	-27.99% Jun 18, 2010 - Sep 20, 2010
#9	-14.65% Dec 31, 2004 - Jun 15, 2005	-26.15% May 12, 2010 - Jun 18, 2010
#10	-14.21% Aug 11, 2000 - Nov 30, 2000	-20.69% Jun 10, 2011 - Aug 12, 2011
#11	-14.10% Jul 31, 2020 - Dec 16, 2020	-20.05% Apr 14, 2011 - Jun 7, 2011
#12	-13.56% Mar 17, 2006 - Aug 4, 2006	-18.35% Dec 13, 2010 - Mar 1, 2011
#13	-11.35% Dec 31, 2020 - Apr 20, 2021	-14.12% Nov 8, 2010 - Dec 1, 2010
#14	-10.90% Aug 21, 2001 - Nov 23, 2001	-13.46% Aug 16, 2011 - Sep 1, 2011
#15	-10.37% Sep 7, 2016 - Jan 4, 2017	-12.67% Apr 14, 2010 - May 11, 2010

Correlation

Correlation between ARE and BTG is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.53

-101

Dividend Comparison (1999 - 2026)

ARE vs BTG dividend yield comparison.

Year	ARE	BTG
2026	1.60%	0.41%
2025	9.56%	1.77%
2024	5.32%	6.56%
2023	3.91%	5.06%
2022	3.24%	4.48%
2021	2.01%	4.07%
2020	2.38%	1.96%
2019	2.48%	0.25%
2018	3.24%	0.00%
2017	2.64%	0.00%
2016	2.91%	0.00%
2015	3.38%	0.00%
2014	3.25%	0.00%
2013	4.10%	0.00%
2012	3.02%	0.00%
2011	2.70%	0.00%
2010	2.05%	0.00%
2009	2.88%	0.00%
2008	5.27%	0.00%
2007	2.99%	0.00%
2006	2.85%	0.00%
2005	3.38%	0.00%
2004	3.39%	0.00%
2003	3.80%	0.00%
2002	5.77%	0.00%
2001	4.40%	0.00%
2000	3.47%	0.00%
1999	1.35%	0.00%