BCE.TO vs. BN.TO

Last updated Apr 1, 2026

Compare and contrast key facts about BCE Inc. (BCE.TO) and Brookfield Corporation (BN.TO).

Performance

BCE.TO vs. BN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BCE Inc. (BCE.TO) and Brookfield Corporation (BN.TO). The values are adjusted to include any dividend payments, if applicable.

BCE.TO vs. BN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BCE.TO BCE Inc.	8.56%	5.35%	-30.02%	-6.21%	-4.33%	27.90%	-3.92%	17.39%	-5.65%	9.18%
BN.TO Brookfield Corporation	-10.39%	15.10%	56.51%	26.33%	-29.85%	48.12%	6.93%	45.72%	-2.63%	26.10%

Fundamentals

Market Cap BCE.TO : CA$32.58B BN.TO : CA$133.43B
EPS BCE.TO : CA$6.94 BN.TO : CA$0.63
PE Ratio BCE.TO : 5.06 BN.TO : 89.77
PS Ratio BCE.TO : 1.33 BN.TO : 1.55
PB Ratio BCE.TO : 1.66 BN.TO : 3.05
Total Revenue (TTM) BCE.TO : CA$24.47B BN.TO : CA$76.16B
Gross Profit (TTM) BCE.TO : CA$12.26B BN.TO : CA$23.88B
EBITDA (TTM) BCE.TO : CA$14.79B BN.TO : CA$32.85B

Returns By Period

In the year-to-date period, BCE.TO achieves a 8.56% return, which is significantly higher than BN.TO's -10.39% return. Over the past 10 years, BCE.TO has underperformed BN.TO with an annualized return of 0.76%, while BN.TO has yielded a comparatively higher 15.14% annualized return.

BCE.TO

• 1D: -0.11%
• 1M: -0.85%
• YTD: 8.56%
• 6M: 10.79%
• 1Y: 12.11%
• 3Y*: -10.13%
• 5Y*: -2.95%
• 10Y*: 0.76%

BN.TO

• 1D: 4.45%
• 1M: -5.60%
• YTD: -10.39%
• 6M: -11.18%
• 1Y: 12.95%
• 3Y*: 25.16%
• 5Y*: 14.61%
• 10Y*: 15.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BCE.TO vs. BN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCE.TO

BCE.TO Risk / Return Rank: 60
BCE.TO Sharpe Ratio Rank: 64
BCE.TO Sortino Ratio Rank: 56
BCE.TO Omega Ratio Rank: 54
BCE.TO Calmar Ratio Rank: 66
BCE.TO Martin Ratio Rank: 61

BN.TO

BN.TO Risk / Return Rank: 55
BN.TO Sharpe Ratio Rank: 56
BN.TO Sortino Ratio Rank: 49
BN.TO Omega Ratio Rank: 50
BN.TO Calmar Ratio Rank: 58
BN.TO Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCE.TO vs. BN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BCE Inc. (BCE.TO) and Brookfield Corporation (BN.TO). 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.

	BCE.TO	BN.TO	Difference
Sharpe ratio Return per unit of total volatility	0.60	0.39	+0.22
Sortino ratio Return per unit of downside risk	0.97	0.75	+0.23
Omega ratio Gain probability vs. loss probability	1.12	1.10	+0.02
Calmar ratio Return relative to maximum drawdown	1.11	0.65	+0.46
Martin ratio Return relative to average drawdown	1.98	1.91	+0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BCE.TO vs. BN.TO - Sharpe Ratio Comparison

The current BCE.TO Sharpe Ratio is 0.60, which is higher than the BN.TO Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of BCE.TO and BN.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BCE.TO	BN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	0.39	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	0.51	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.54	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.43	—

Correlation

The correlation between BCE.TO and BN.TO is 0.23, 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.

Dividends

BCE.TO vs. BN.TO - Dividend Comparison

BCE.TO's dividend yield for the trailing twelve months is around 4.99%, more than BN.TO's 0.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCE.TO BCE Inc.	4.99%	7.06%	11.98%	7.42%	6.19%	5.32%	6.12%	5.27%	5.60%	4.76%	4.71%	4.86%
BN.TO Brookfield Corporation	0.61%	0.53%	0.53%	0.99%	2.06%	1.06%	1.52%	1.41%	1.88%	1.64%	1.58%	1.43%

Drawdowns

BCE.TO vs. BN.TO - Drawdown Comparison

The maximum BCE.TO drawdown since its inception was -297.40%, which is greater than BN.TO's maximum drawdown of -83.06%. Use the drawdown chart below to compare losses from any high point for BCE.TO and BN.TO.

Drawdown Indicators

	BCE.TO	BN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-297.40%	-83.06%	-214.34%
Max Drawdown (1Y) Largest decline over 1 year	-10.81%	-22.47%	+11.66%
Max Drawdown (5Y) Largest decline over 5 years	-50.01%	-36.23%	-13.78%
Max Drawdown (10Y) Largest decline over 10 years	-50.01%	-46.69%	-3.32%
Current Drawdown Current decline from peak	-224.83%	-16.83%	-208.00%
Average Drawdown Average peak-to-trough decline	-135.10%	-20.73%	-114.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.37%	7.67%	-1.30%

Volatility

BCE.TO vs. BN.TO - Volatility Comparison

The current volatility for BCE Inc. (BCE.TO) is 4.50%, while Brookfield Corporation (BN.TO) has a volatility of 9.93%. This indicates that BCE.TO experiences smaller price fluctuations and is considered to be less risky than BN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCE.TO	BN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	9.93%	-5.43%
Volatility (6M) Calculated over the trailing 6-month period	12.11%	21.46%	-9.35%
Volatility (1Y) Calculated over the trailing 1-year period	20.12%	33.48%	-13.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.83%	28.61%	-11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	28.09%	-10.73%

Financials

BCE.TO vs. BN.TO - Profitability Comparison

The chart below illustrates the profitability comparison between BCE Inc. and Brookfield Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BCE.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, BCE Inc. reported a gross profit of 2.69B and revenue of 6.40B. Therefore, the gross margin over that period was 42.0%.

BN.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Brookfield Corporation reported a gross profit of 3.25B and revenue of 21.22B. Therefore, the gross margin over that period was 15.3%.

BCE.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, BCE Inc. reported an operating income of 2.69B and revenue of 6.40B, resulting in an operating margin of 42.0%.

BN.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Brookfield Corporation reported an operating income of 5.22B and revenue of 21.22B, resulting in an operating margin of 24.6%.

BCE.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, BCE Inc. reported a net income of 630.00M and revenue of 6.40B, resulting in a net margin of 9.8%.

BN.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Brookfield Corporation reported a net income of 754.42M and revenue of 21.22B, resulting in a net margin of 3.6%.