AQNA vs. AQNB
Compare and contrast key facts about Algonquin Power & Utilities Cor (AQNA) and Algonquin Power & Utilities Cor (AQNB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQNA or AQNB.
Key characteristics
| AQNA | AQNB | |
|---|---|---|
| YTD Return | 6.02% | 11.17% |
| 1Y Return | -2.47% | -2.41% |
| 5Y Return (Ann) | 5.50% | 3.50% |
| 10Y Return (Ann) | 5.50% | 3.50% |
| Sharpe Ratio | -0.15 | -0.09 |
| Daily Std Dev | 16.82% | 19.46% |
| Max Drawdown | -33.76% | -42.64% |
Fundamentals
| AQNA | AQNB | |
|---|---|---|
| Revenue (TTM) | $0.00 | $0.00 |
| Gross Profit (TTM) | $0.00 | $0.00 |
Correlation
The correlation between AQNA and AQNB is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
AQNA vs. AQNB - Performance Comparison
In the year-to-date period, AQNA achieves a 6.02% return, which is significantly lower than AQNB's 11.17% return. Over the past 10 years, AQNA has outperformed AQNB with an annualized return of 5.50%, while AQNB has yielded a comparatively lower 3.50% 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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AQNA vs. AQNB - Dividend Comparison
AQNA's dividend yield for the trailing twelve months is around 10.78%, more than AQNB's 8.31% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
AQNA Algonquin Power & Utilities Cor | 10.78% | 7.62% | 7.06% | 8.86% | 7.69% |
AQNB Algonquin Power & Utilities Cor | 8.31% | 7.39% | 6.18% | 6.31% | 4.04% |
AQNA vs. AQNB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Cor (AQNA) and Algonquin Power & Utilities Cor (AQNB). 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 | |
|---|---|---|---|---|---|
AQNA Algonquin Power & Utilities Cor | -0.15 | ||||
AQNB Algonquin Power & Utilities Cor | -0.09 |
AQNA vs. AQNB - Drawdown Comparison
The maximum AQNA drawdown for the period was -11.80%, higher than the maximum AQNB drawdown of -17.99%. The drawdown chart below compares losses from any high point along the way for AQNA and AQNB
AQNA vs. AQNB - Volatility Comparison
The current volatility for Algonquin Power & Utilities Cor (AQNA) is 4.04%, while Algonquin Power & Utilities Cor (AQNB) has a volatility of 5.94%. This indicates that AQNA experiences smaller price fluctuations and is considered to be less risky than AQNB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.