ABX.TO vs. BEP-UN.TO
ABX.TO (Barrick Gold Corporation) and BEP-UN.TO (Brookfield Renewable Partners L.P) are both stocks. ABX.TO operates in Gold (Basic Materials), while BEP-UN.TO operates in Utilities - Renewable (Utilities). Over the past 10 years, ABX.TO returned 10.81%/yr vs 27.19%/yr for BEP-UN.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
ABX.TO vs. BEP-UN.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ABX.TO achieves a -0.72% return, which is significantly lower than BEP-UN.TO's 33.62% return. Over the past 10 years, ABX.TO has underperformed BEP-UN.TO with an annualized return of 10.81%, while BEP-UN.TO has yielded a comparatively higher 27.19% annualized return.
ABX.TO
- 1D
- 4.21%
- 1M
- 5.46%
- YTD
- -0.72%
- 6M
- -0.45%
- 1Y
- 104.48%
- 3Y*
- 41.74%
- 5Y*
- 19.93%
- 10Y*
- 10.81%
BEP-UN.TO
- 1D
- 0.94%
- 1M
- 3.56%
- YTD
- 33.62%
- 6M
- 29.84%
- 1Y
- 43.17%
- 3Y*
- 14.35%
- 5Y*
- 5.35%
- 10Y*
- 27.19%
ABX.TO vs. BEP-UN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | -0.72% | 173.89% | -4.69% | 5.66% | 1.28% | -13.98% | 21.72% | 31.81% | 2.67% | -14.89% |
BEP-UN.TO Brookfield Renewable Partners L.P | 33.62% | 20.23% | -0.38% | 6.88% | -21.23% | -14.69% | 246.86% | 96.89% | -5.12% | 27.27% |
Correlation
The correlation between ABX.TO and BEP-UN.TO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.08 |
The correlation between ABX.TO and BEP-UN.TO shifts across timeframes, from 0.08 (all time) to 0.18 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
ABX.TO:
CA$98.19B
BEP-UN.TO:
CA$14.69B
ABX.TO:
$3.60
BEP-UN.TO:
$0.66
ABX.TO:
11.66
BEP-UN.TO:
52.45
ABX.TO:
0.13
BEP-UN.TO:
0.38
ABX.TO:
3.74
BEP-UN.TO:
1.58
ABX.TO:
2.57
BEP-UN.TO:
2.84
ABX.TO:
$19.02B
BEP-UN.TO:
$6.37B
ABX.TO:
$10.15B
BEP-UN.TO:
$2.19B
ABX.TO:
$12.44B
BEP-UN.TO:
$4.69B
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Return for Risk
ABX.TO vs. BEP-UN.TO — Risk / Return Rank
ABX.TO
BEP-UN.TO
ABX.TO vs. BEP-UN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (ABX.TO) and Brookfield Renewable Partners L.P (BEP-UN.TO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABX.TO | BEP-UN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.27 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 2.73 | +0.95 |
| Martin ratioReturn relative to average drawdown | 9.06 | 6.36 | +2.70 |
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Drawdowns
ABX.TO vs. BEP-UN.TO - Drawdown Comparison
The maximum ABX.TO drawdown since its inception was -84.65%, which is greater than BEP-UN.TO's maximum drawdown of -50.28%. Use the drawdown chart below to compare losses from any high point for ABX.TO and BEP-UN.TO.
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Drawdown Indicators
| ABX.TO | BEP-UN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.65% | -50.28% | -34.37% |
Max Drawdown (1Y)Largest decline over 1 year | -28.49% | -15.87% | -12.62% |
Max Drawdown (3Y)Largest decline over 3 years | -28.49% | -28.89% | +0.40% |
Max Drawdown (5Y)Largest decline over 5 years | -43.11% | -42.95% | -0.16% |
Max Drawdown (10Y)Largest decline over 10 years | -56.74% | -50.28% | -6.46% |
Current DrawdownCurrent decline from peak | -17.39% | -5.15% | -12.24% |
Average DrawdownAverage peak-to-trough decline | -40.48% | -10.81% | -29.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.58% | 6.81% | +4.77% |
Volatility
ABX.TO vs. BEP-UN.TO - Volatility Comparison
Barrick Gold Corporation (ABX.TO) has a higher volatility of 16.05% compared to Brookfield Renewable Partners L.P (BEP-UN.TO) at 7.93%. This indicates that ABX.TO's price experiences larger fluctuations and is considered to be riskier than BEP-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABX.TO | BEP-UN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.05% | 7.93% | +8.12% |
Volatility (6M)Calculated over the trailing 6-month period | 34.93% | 19.70% | +15.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.13% | 27.88% | +17.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.71% | 29.56% | +5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.96% | 33.91% | +2.05% |
Dividends
ABX.TO vs. BEP-UN.TO - Dividend Comparison
ABX.TO's dividend yield for the trailing twelve months is around 2.16%, less than BEP-UN.TO's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABX.TO Barrick Gold Corporation | 2.16% | 1.22% | 2.46% | 2.27% | 4.77% | 3.96% | 1.33% | 0.60% | 1.17% | 0.72% | 0.47% | 1.43% |
BEP-UN.TO Brookfield Renewable Partners L.P | 4.35% | 5.62% | 6.04% | 5.40% | 5.20% | 3.73% | 3.30% | 11.16% | 18.11% | 13.94% | 14.59% | 14.95% |
Financials
ABX.TO vs. BEP-UN.TO - Financials Comparison
This section allows you to compare key financial metrics between Barrick Gold Corporation and Brookfield Renewable Partners L.P. 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
ABX.TO vs. BEP-UN.TO - Profitability Comparison
ABX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a gross profit of 2.97B and revenue of 5.16B. Therefore, the gross margin over that period was 57.5%.
BEP-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P reported a gross profit of 210.05M and revenue of 1.52B. Therefore, the gross margin over that period was 13.8%.
ABX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported an operating income of 2.93B and revenue of 5.16B, resulting in an operating margin of 56.7%.
BEP-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P reported an operating income of 138.06M and revenue of 1.52B, resulting in an operating margin of 9.1%.
ABX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barrick Gold Corporation reported a net income of 1.58B and revenue of 5.16B, resulting in a net margin of 30.5%.
BEP-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P reported a net income of -113.41M and revenue of 1.52B, resulting in a net margin of -7.5%.
Frequently Asked Questions
ABX.TO and BEP-UN.TO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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