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 | -10.49% | 31.46% |
| 1Y Return | -15.44% | -33.25% |
| 5Y Return (Ann) | 8.19% | 3.03% |
| 10Y Return (Ann) | 9.98% | 9.46% |
| Sharpe Ratio | -0.63 | -0.89 |
| Daily Std Dev | 24.27% | 36.22% |
| Max Drawdown | -62.75% | -78.58% |
Fundamentals
| AEP | AQN.TO | |
|---|---|---|
| Market Cap | $42.96B | CA$7.88B |
| EPS | $3.85 | -CA$0.10 |
| PEG Ratio | 3.04 | 1.41 |
| Revenue (TTM) | $19.74B | CA$2.81B |
| Gross Profit (TTM) | $8.41B | CA$1.05B |
| EBITDA (TTM) | $6.94B | CA$951.93M |
Correlation
The correlation between AEP and AQN.TO is 0.30, 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.
AEP vs. AQN.TO - Performance Comparison
In the year-to-date period, AEP achieves a -10.49% return, which is significantly lower than AQN.TO's 31.46% return. Over the past 10 years, AEP has outperformed AQN.TO with an annualized return of 9.98%, while AQN.TO has yielded a comparatively lower 9.46% 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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AEP vs. AQN.TO - Dividend Comparison
AEP's dividend yield for the trailing twelve months is around 5.79%, less than AQN.TO's 9.50% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AEP American Electric Power Company, Inc. | 5.79% | 3.40% | 3.55% | 3.72% | 3.23% | 3.94% | 3.92% | 4.50% | 4.77% | 4.49% | 5.82% | 6.41% |
AQN.TO Algonquin Power & Utilities Corp. | 9.50% | 10.78% | 5.00% | 4.43% | 4.69% | 5.97% | 5.55% | 6.56% | 6.42% | 5.74% | 7.09% | 7.07% |
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AEP American Electric Power Company, Inc. | -0.63 | ||||
AQN.TO Algonquin Power & Utilities Corp. | -0.89 |
AEP vs. AQN.TO - Drawdown Comparison
The maximum AEP drawdown for the period was -20.06%, higher than the maximum AQN.TO drawdown of -59.68%. The drawdown chart below compares losses from any high point along the way for AEP and AQN.TO
AEP vs. AQN.TO - Volatility Comparison
The current volatility for American Electric Power Company, Inc. (AEP) is 5.53%, while Algonquin Power & Utilities Corp. (AQN.TO) has a volatility of 6.06%. 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.