VSEC vs BTG

Comparison between VSE Corp (VSEC, Company) and B2gold Corp (BTG, Company).

VSEC is from the Industrials sector, while BTG is from the Basic Materials sector.

5-Year PerformanceVSEC has outperformed BTG, delivering a return of +31.3% compared to +2.6%

VSEC vs BTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VSEC(COMPANY)	BTG(COMPANY)
Market Cap	$5.72B	$5.70B
Max Drawdown	76.61%	85.97%
Sharpe Ratio	1.02	0.35
5Y Beta	1.51	0.82
Industry	Aerospace & Defense	Gold
P/E Ratio	104.10	10.72
Forward P/E	51.28	4.85
PEG Ratio	0.56	4.71
Dividend Yield	0.20%	2.11%
5Y Dividends CAGR	6.79%	-6.51%
5Y EPS CAGR	N/A	-10.26%
Debt to Equity	13.54%	14.16%
Free Cash Flow Yield	-0.24%	7.43%
P/S Ratio	4.70	1.37
P/B Ratio	2.15	1.40

Market Cap

Winner

VSEC

$5.72B

BTG

$5.70B

Max Drawdown

Winner

VSEC

76.61%

BTG

85.97%

Sharpe Ratio

Winner

VSEC

1.02

BTG

0.35

5Y Beta

VSEC

1.51

Winner

BTG

0.82

Industry

VSEC

Aerospace & Defense

BTG

Gold

P/E Ratio

VSEC

104.10

Winner

BTG

10.72

Forward P/E

VSEC

51.28

Winner

BTG

4.85

PEG Ratio

Winner

VSEC

0.56

BTG

4.71

Dividend Yield

VSEC

0.20%

Winner

BTG

2.11%

5Y Dividends CAGR

Winner

VSEC

6.79%

BTG

-6.51%

5Y EPS CAGR

VSEC

N/A

BTG

-10.26%

Debt to Equity

Winner

VSEC

13.54%

BTG

14.16%

Free Cash Flow Yield

VSEC

-0.24%

Winner

BTG

7.43%

P/S Ratio

VSEC

4.70

Winner

BTG

1.37

P/B Ratio

VSEC

2.15

Winner

BTG

1.40

VSEC vs BTG - Historical Returns

Returns include dividend reinvestment.

Period	VSEC	BTG
1 month	-4.07%	-16.78%
3 months	-11.83%	-26.22%
6 months	-6.72%	-19.15%
1 year	+51.03%	+9.58%
5 years(CAGR)	+31.34%	+2.56%
10 years(CAGR)	+19.21%	+4.68%
Max(CAGR)	+19.45%	+6.74%

Winner

VSEC

-4.07%

BTG

-16.78%

Winner

VSEC

-11.83%

BTG

-26.22%

Winner

VSEC

-6.72%

BTG

-19.15%

Winner

VSEC

+51.03%

BTG

+9.58%

5Y(CAGR)

Winner

VSEC

+31.34%

BTG

+2.56%

10Y(CAGR)

Winner

VSEC

+19.21%

BTG

+4.68%

Max(CAGR)

Winner

VSEC

+19.45%

BTG

+6.74%

VSEC vs BTG - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VSEC	BTG
2026	+10.24%	-17.72%
2025	+86.55%	+78.02%
2024	+50.87%	-17.05%
2023	+39.96%	-9.96%
2022	-22.82%	-2.86%
2021	+63.02%	-30.96%
2020	+3.87%	+45.22%
2019	+21.78%	+38.18%
2018	-39.00%	-4.89%
2017	+22.43%	+22.53%
2016	+26.55%	+130.10%
2015	-8.70%	-41.04%
2014	+41.91%	-24.30%
2013	+88.83%	-46.37%
2012	-1.57%	+15.17%
2011	-26.03%	+15.86%
2010	-29.71%	+122.79%
2009	+13.91%	+224.08%
2008	-17.69%	-75.00%
2007	+191.47%	N/A
2006	-25.62%	N/A
2005	+68.64%	N/A
2004	+97.80%	N/A
2003	+24.38%	N/A
2002	+48.63%	N/A
2001	+37.97%	N/A
2000	-27.34%	N/A
1999	-13.52%	N/A

VSEC vs BTG Drawdown Comparison

The maximum drawdown for VSEC was -76.09%, occurring on Mar 18, 2020. Recovery took 1017 trading sessions.

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

The current VSEC drawdown is -16.09%. The current BTG drawdown is -40.37%.

Rank	VSEC	BTG
#1	-76.09% Oct 20, 2017 - Nov 4, 2021	-85.97% Apr 2, 2012 - Feb 19, 2020
#2	-65.97% Oct 15, 2007 - Apr 22, 2014	-83.33% Jun 24, 2008 - Apr 9, 2010
#3	-57.05% Mar 12, 2015 - Dec 9, 2016	-63.35% Aug 5, 2020 - Oct 16, 2025
#4	-47.57% Nov 12, 2021 - Nov 20, 2023	-43.30% Feb 24, 2020 - Apr 22, 2020
#5	-43.12% Feb 8, 2006 - May 2, 2007	-40.54% Feb 26, 2026 - Jul 16, 2026
#6	-41.76% Nov 10, 1999 - Mar 27, 2002	-36.51% Sep 16, 2011 - Mar 12, 2012
#7	-37.27% Feb 4, 2003 - Oct 7, 2003	-36.20% Oct 16, 2025 - Feb 24, 2026
#8	-37.00% Jul 27, 2007 - Oct 9, 2007	-27.99% Jun 18, 2010 - Sep 20, 2010
#9	-36.55% Apr 12, 2004 - Sep 27, 2004	-26.15% May 12, 2010 - Jun 18, 2010
#10	-36.04% Sep 29, 2004 - May 23, 2005	-20.69% Jun 10, 2011 - Aug 12, 2011
#11	-35.12% Apr 3, 2002 - Nov 25, 2002	-20.05% Apr 14, 2011 - Jun 7, 2011
#12	-34.06% Jul 8, 2014 - Feb 4, 2015	-18.35% Dec 13, 2010 - Mar 1, 2011
#13	-30.31% Feb 20, 2026 - Jun 30, 2026	-14.12% Nov 8, 2010 - Dec 1, 2010
#14	-25.45% Nov 13, 2024 - Mar 24, 2025	-13.46% Aug 16, 2011 - Sep 1, 2011
#15	-21.05% Jul 28, 2005 - Dec 27, 2005	-12.67% Apr 14, 2010 - May 11, 2010

Correlation

Correlation between VSEC 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)

VSEC vs BTG dividend yield comparison.

Year	VSEC	BTG
2026	0.15%	1.09%
2025	0.23%	1.77%
2024	0.42%	6.56%
2023	0.77%	5.06%
2022	0.85%	4.48%
2021	0.59%	4.07%
2020	0.94%	1.96%
2019	0.89%	0.25%
2018	1.00%	0.00%
2017	0.54%	0.00%
2016	0.51%	0.00%
2015	0.68%	0.00%
2014	0.58%	0.00%
2013	0.71%	0.00%
2012	1.22%	0.00%
2011	1.07%	0.00%
2010	0.67%	0.00%
2009	0.42%	0.00%
2008	0.43%	0.00%
2007	0.31%	0.00%
2006	0.77%	0.00%
2005	0.52%	0.00%
2004	0.72%	0.00%
2003	1.21%	0.00%
2002	1.49%	0.00%
2001	2.16%	0.00%
2000	2.84%	0.00%
1999	0.46%	0.00%