ALE vs. AQN.TO
Compare and contrast key facts about ALLETE, Inc. (ALE) 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: ALE or AQN.TO.
Key characteristics
| ALE | AQN.TO | |
|---|---|---|
| YTD Return | 10.31% | -17.32% |
| 1Y Return | 26.52% | -9.44% |
| 3Y Return (Ann) | 5.13% | -23.91% |
| 5Y Return (Ann) | 0.13% | -13.68% |
| 10Y Return (Ann) | 6.18% | 1.24% |
| Sharpe Ratio | 1.49 | -0.34 |
| Sortino Ratio | 2.66 | -0.28 |
| Omega Ratio | 1.35 | 0.96 |
| Calmar Ratio | 0.89 | -0.15 |
| Martin Ratio | 7.22 | -0.76 |
| Ulcer Index | 3.53% | 12.71% |
| Daily Std Dev | 17.12% | 28.51% |
| Max Drawdown | -73.95% | -78.58% |
| Current Drawdown | -8.82% | -64.03% |
Fundamentals
| ALE | AQN.TO | |
|---|---|---|
| Market Cap | $3.77B | CA$5.12B |
| EPS | $3.12 | CA$0.75 |
| PE Ratio | 20.89 | 8.89 |
| PEG Ratio | 2.22 | 1.41 |
| Total Revenue (TTM) | $1.57B | CA$2.00B |
| Gross Profit (TTM) | $319.90M | CA$1.51B |
| EBITDA (TTM) | $412.80M | CA$824.49M |
Correlation
The correlation between ALE and AQN.TO is 0.22, 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
ALE vs. AQN.TO - Performance Comparison
In the year-to-date period, ALE achieves a 10.31% return, which is significantly higher than AQN.TO's -17.32% return. Over the past 10 years, ALE has outperformed AQN.TO with an annualized return of 6.18%, while AQN.TO has yielded a comparatively lower 1.24% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
ALE vs. AQN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALLETE, Inc. (ALE) 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
ALE vs. AQN.TO - Dividend Comparison
ALE's dividend yield for the trailing twelve months is around 4.29%, less than AQN.TO's 7.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALE ALLETE, Inc. | 4.29% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% | 3.55% | 3.81% |
AQN.TO Algonquin Power & Utilities Corp. | 7.95% | 6.94% | 10.66% | 4.65% | 3.91% | 3.95% | 4.82% | 4.27% | 4.82% | 4.50% | 3.83% | 4.53% |
Drawdowns
ALE vs. AQN.TO - Drawdown Comparison
The maximum ALE drawdown since its inception was -73.95%, smaller than the maximum AQN.TO drawdown of -78.58%. Use the drawdown chart below to compare losses from any high point for ALE and AQN.TO. For additional features, visit the drawdowns tool.
Volatility
ALE vs. AQN.TO - Volatility Comparison
The current volatility for ALLETE, Inc. (ALE) is 1.49%, while Algonquin Power & Utilities Corp. (AQN.TO) has a volatility of 6.10%. This indicates that ALE 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.
Financials
ALE vs. AQN.TO - Financials Comparison
This section allows you to compare key financial metrics between ALLETE, Inc. and Algonquin Power & Utilities 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.
Total Revenue: Total amount of money received from sales and other business activities