AQN.TO vs. DTE
Compare and contrast key facts about Algonquin Power & Utilities Corp. (AQN.TO) and DTE Energy Company (DTE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQN.TO or DTE.
|5Y Return (Ann)||2.50%||7.59%|
|10Y Return (Ann)||8.73%||9.99%|
|Daily Std Dev||36.20%||22.52%|
|Gross Profit (TTM)||CA$1.05B||$3.67B|
The correlation between AQN.TO and DTE is 0.29, 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.
AQN.TO vs. DTE - Performance Comparison
In the year-to-date period, AQN.TO achieves a 29.62% return, which is significantly lower than DTE's -8.58% return. Over the past 10 years, AQN.TO has underperformed DTE with an annualized return of 8.73%, while DTE has yielded a comparatively higher 9.99% 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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AQN.TO vs. DTE - Dividend Comparison
AQN.TO's dividend yield for the trailing twelve months is around 9.64%, more than DTE's 4.28% yield.
|Algonquin Power & Utilities Corp.||9.64%||10.78%||5.00%||4.43%||4.69%||5.97%||5.55%||6.56%||6.42%||5.74%||7.09%||7.07%|
|DTE Energy Company||4.28%||3.10%||3.09%||3.64%||3.30%||3.74%||3.64%||3.80%||4.48%||4.09%||5.29%||5.69%|
AQN.TO vs. DTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Corp. (AQN.TO) and DTE Energy Company (DTE). 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|
|Algonquin Power & Utilities Corp.||-0.97|
|DTE Energy Company||-0.77|
AQN.TO vs. DTE - Drawdown Comparison
The maximum AQN.TO drawdown for the period was -59.68%, lower than the maximum DTE drawdown of -23.88%. The drawdown chart below compares losses from any high point along the way for AQN.TO and DTE
AQN.TO vs. DTE - Volatility Comparison
Algonquin Power & Utilities Corp. (AQN.TO) has a higher volatility of 6.50% compared to DTE Energy Company (DTE) at 3.65%. This indicates that AQN.TO's price experiences larger fluctuations and is considered to be riskier than DTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.