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.
Key characteristics
| AQN.TO | DTE | |
|---|---|---|
| YTD Return | 29.62% | -8.58% |
| 1Y Return | -34.68% | -17.51% |
| 5Y Return (Ann) | 2.50% | 7.59% |
| 10Y Return (Ann) | 8.73% | 9.99% |
| Sharpe Ratio | -0.97 | -0.77 |
| Daily Std Dev | 36.20% | 22.52% |
| Max Drawdown | -78.58% | -67.92% |
Fundamentals
| AQN.TO | DTE | |
|---|---|---|
| Market Cap | CA$7.77B | $22.05B |
| EPS | -CA$0.09 | $5.65 |
| PEG Ratio | 1.41 | 2.95 |
| Revenue (TTM) | CA$2.81B | $18.43B |
| Gross Profit (TTM) | CA$1.05B | $3.67B |
| EBITDA (TTM) | CA$951.93M | $2.92B |
Correlation
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.
Compare stocks, funds, or ETFs
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.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQN.TO 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 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 | |
|---|---|---|---|---|---|
AQN.TO Algonquin Power & Utilities Corp. | -0.97 | ||||
DTE 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.