AEP vs. AQN.TO
Compare and contrast key facts about American Electric Power Company, Inc. (AEP) and Algonquin Power & Utilities Corp. (AQN.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AEP or AQN.TO.
Key characteristics
| AEP | AQN.TO | |
|---|---|---|
| YTD Return | 1.18% | -3.29% |
| 1Y Return | -8.36% | -21.42% |
| 3Y Return (Ann) | 0.84% | -22.25% |
| 5Y Return (Ann) | 3.14% | -7.59% |
| 10Y Return (Ann) | 8.43% | 5.49% |
| Sharpe Ratio | -0.45 | -0.89 |
| Daily Std Dev | 20.32% | 28.54% |
| Max Drawdown | -62.75% | -78.58% |
| Current Drawdown | -17.93% | -57.41% |
Fundamentals
| AEP | AQN.TO | |
|---|---|---|
| Market Cap | $45.34B | CA$5.90B |
| EPS | $4.24 | CA$0.04 |
| PE Ratio | 20.31 | 214.00 |
| PEG Ratio | 1.84 | 1.41 |
| Revenue (TTM) | $18.98B | CA$2.70B |
| Gross Profit (TTM) | $8.41B | CA$1.05B |
| EBITDA (TTM) | $6.98B | CA$944.79M |
Correlation
The correlation between AEP and AQN.TO is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AEP vs. AQN.TO - Performance Comparison
In the year-to-date period, AEP achieves a 1.18% return, which is significantly higher than AQN.TO's -3.29% return. Over the past 10 years, AEP has outperformed AQN.TO with an annualized return of 8.43%, while AQN.TO has yielded a comparatively lower 5.49% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AEP vs. AQN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Electric Power Company, Inc. (AEP) and Algonquin Power & Utilities Corp. (AQN.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.
Dividends
AEP vs. AQN.TO - Dividend Comparison
AEP's dividend yield for the trailing twelve months is around 4.21%, less than AQN.TO's 7.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEP American Electric Power Company, Inc. | 4.21% | 4.15% | 3.34% | 3.37% | 3.41% | 2.87% | 3.39% | 3.25% | 3.61% | 3.69% | 3.34% | 4.17% |
AQN.TO Algonquin Power & Utilities Corp. | 7.30% | 6.94% | 10.63% | 4.61% | 3.90% | 3.96% | 4.82% | 4.27% | 4.82% | 4.50% | 3.83% | 4.53% |
Drawdowns
AEP vs. AQN.TO - Drawdown Comparison
The maximum AEP drawdown since its inception was -62.75%, smaller than the maximum AQN.TO drawdown of -78.58%. Use the drawdown chart below to compare losses from any high point for AEP and AQN.TO. For additional features, visit the drawdowns tool.
Volatility
AEP vs. AQN.TO - Volatility Comparison
The current volatility for American Electric Power Company, Inc. (AEP) is 6.00%, while Algonquin Power & Utilities Corp. (AQN.TO) has a volatility of 9.42%. This indicates that AEP experiences smaller price fluctuations and is considered to be less risky than AQN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.