AQN vs. CNQ
Compare and contrast key facts about Algonquin Power & Utilities Corp (AQN) and Canadian Natural Resources Limited (CNQ).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQN or CNQ.
Correlation
The correlation between AQN and CNQ 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.
Performance
AQN vs. CNQ - Performance Comparison
Key characteristics
AQN:
-0.85
CNQ:
-0.11
AQN:
-1.07
CNQ:
0.03
AQN:
0.87
CNQ:
1.00
AQN:
-0.37
CNQ:
-0.11
AQN:
-1.63
CNQ:
-0.25
AQN:
15.97%
CNQ:
11.89%
AQN:
30.38%
CNQ:
26.43%
AQN:
-69.72%
CNQ:
-81.11%
AQN:
-69.16%
CNQ:
-25.54%
Fundamentals
AQN:
$3.46B
CNQ:
$64.77B
AQN:
$0.54
CNQ:
$2.47
AQN:
8.35
CNQ:
12.39
AQN:
0.00
CNQ:
12.75
AQN:
$2.57B
CNQ:
$37.25B
AQN:
$1.56B
CNQ:
$10.84B
AQN:
$951.81M
CNQ:
$17.12B
Returns By Period
In the year-to-date period, AQN achieves a -27.10% return, which is significantly lower than CNQ's -5.45% return. Over the past 10 years, AQN has underperformed CNQ with an annualized return of -1.32%, while CNQ has yielded a comparatively higher 11.56% annualized return.
AQN
-27.10%
-6.79%
-21.59%
-26.78%
-16.42%
-1.32%
CNQ
-5.45%
-11.35%
-12.11%
-4.53%
19.97%
11.56%
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Risk-Adjusted Performance
AQN vs. CNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Corp (AQN) and Canadian Natural Resources Limited (CNQ). 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
AQN vs. CNQ - Dividend Comparison
AQN's dividend yield for the trailing twelve months is around 8.93%, more than CNQ's 5.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQN Algonquin Power & Utilities Corp | 8.93% | 6.90% | 10.95% | 4.62% | 3.68% | 3.89% | 4.99% | 4.19% | 4.88% | 4.76% | 4.00% | 4.68% |
CNQ Canadian Natural Resources Limited | 5.22% | 4.17% | 6.31% | 3.70% | 5.15% | 3.42% | 5.92% | 2.34% | 2.19% | 3.22% | 2.60% | 1.62% |
Drawdowns
AQN vs. CNQ - Drawdown Comparison
The maximum AQN drawdown since its inception was -69.72%, smaller than the maximum CNQ drawdown of -81.11%. Use the drawdown chart below to compare losses from any high point for AQN and CNQ. For additional features, visit the drawdowns tool.
Volatility
AQN vs. CNQ - Volatility Comparison
Algonquin Power & Utilities Corp (AQN) and Canadian Natural Resources Limited (CNQ) have volatilities of 8.17% and 7.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
AQN vs. CNQ - Financials Comparison
This section allows you to compare key financial metrics between Algonquin Power & Utilities Corp and Canadian Natural Resources Limited. 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