AQNA vs. TLT
Compare and contrast key facts about Algonquin Power & Utilities Cor (AQNA) and iShares 20+ Year Treasury Bond ETF (TLT).
TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQNA or TLT.
Key characteristics
| AQNA | TLT |
|---|
Correlation
The correlation between AQNA and TLT is 0.08, 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
AQNA vs. TLT - Performance Comparison
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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Risk-Adjusted Performance
AQNA vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Cor (AQNA) and iShares 20+ Year Treasury Bond ETF (TLT). 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
AQNA vs. TLT - Dividend Comparison
AQNA has not paid dividends to shareholders, while TLT's dividend yield for the trailing twelve months is around 3.93%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQNA Algonquin Power & Utilities Cor | 3.42% | 5.14% | 7.47% | 6.46% | 7.62% | 6.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 3.93% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% | 3.26% |
Drawdowns
AQNA vs. TLT - Drawdown Comparison
Volatility
AQNA vs. TLT - Volatility Comparison
The current volatility for Algonquin Power & Utilities Cor (AQNA) is 0.00%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 4.12%. This indicates that AQNA experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.