BEP-UN.TO vs. CM.TO
BEP-UN.TO (Brookfield Renewable Partners L.P) and CM.TO (Canadian Imperial Bank of Commerce) are both stocks. BEP-UN.TO operates in Utilities - Renewable (Utilities), while CM.TO operates in Banks - Diversified (Financial Services). Over the past 10 years, BEP-UN.TO returned 27.19%/yr vs 21.33%/yr for CM.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
BEP-UN.TO vs. CM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, BEP-UN.TO achieves a 33.62% return, which is significantly higher than CM.TO's 28.96% return. Over the past 10 years, BEP-UN.TO has outperformed CM.TO with an annualized return of 27.19%, while CM.TO has yielded a comparatively lower 21.33% annualized return.
BEP-UN.TO
- 1D
- 0.94%
- 1M
- 3.56%
- YTD
- 33.62%
- 6M
- 29.84%
- 1Y
- 43.17%
- 3Y*
- 14.35%
- 5Y*
- 5.35%
- 10Y*
- 27.19%
CM.TO
- 1D
- 0.28%
- 1M
- 3.79%
- YTD
- 28.96%
- 6M
- 26.06%
- 1Y
- 78.06%
- 3Y*
- 46.55%
- 5Y*
- 23.45%
- 10Y*
- 21.33%
BEP-UN.TO vs. CM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BEP-UN.TO Brookfield Renewable Partners L.P | 33.62% | 20.23% | -0.38% | 6.88% | -21.23% | -14.69% | 246.86% | 96.89% | -5.12% | 27.27% |
CM.TO Canadian Imperial Bank of Commerce | 28.96% | 42.31% | 49.56% | 23.83% | -20.89% | 47.75% | 13.88% | 18.19% | -8.64% | 22.50% |
Correlation
The correlation between BEP-UN.TO and CM.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2006 | 0.15 |
The correlation between BEP-UN.TO and CM.TO shifts across timeframes, from 0.15 (10 years) to 0.25 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
BEP-UN.TO:
CA$14.69B
CM.TO:
CA$147.10B
BEP-UN.TO:
$0.66
CM.TO:
CA$10.53
BEP-UN.TO:
52.45
CM.TO:
15.11
BEP-UN.TO:
0.38
CM.TO:
1.86
BEP-UN.TO:
1.58
CM.TO:
2.79
BEP-UN.TO:
2.84
CM.TO:
2.52
BEP-UN.TO:
$6.37B
CM.TO:
CA$53.25B
BEP-UN.TO:
$2.19B
CM.TO:
CA$28.73B
BEP-UN.TO:
$4.69B
CM.TO:
CA$13.01B
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Return for Risk
BEP-UN.TO vs. CM.TO — Risk / Return Rank
BEP-UN.TO
CM.TO
BEP-UN.TO vs. CM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Partners L.P (BEP-UN.TO) and Canadian Imperial Bank of Commerce (CM.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BEP-UN.TO | CM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.90 | ||
| Sortino ratioReturn per unit of downside risk | -3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.76 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 2.73 | 8.62 | -5.88 |
| Martin ratioReturn relative to average drawdown | 6.36 | 31.57 | -25.21 |
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Drawdowns
BEP-UN.TO vs. CM.TO - Drawdown Comparison
The maximum BEP-UN.TO drawdown since its inception was -50.28%, smaller than the maximum CM.TO drawdown of -58.49%. Use the drawdown chart below to compare losses from any high point for BEP-UN.TO and CM.TO.
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Drawdown Indicators
| BEP-UN.TO | CM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.28% | -58.49% | +8.21% |
Max Drawdown (1Y)Largest decline over 1 year | -15.87% | -9.11% | -6.76% |
Max Drawdown (3Y)Largest decline over 3 years | -28.89% | -16.57% | -12.32% |
Max Drawdown (5Y)Largest decline over 5 years | -42.95% | -35.43% | -7.52% |
Max Drawdown (10Y)Largest decline over 10 years | -50.28% | -40.02% | -10.26% |
Current DrawdownCurrent decline from peak | -5.15% | -1.00% | -4.15% |
Average DrawdownAverage peak-to-trough decline | -10.81% | -9.29% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.81% | 2.48% | +4.33% |
Volatility
BEP-UN.TO vs. CM.TO - Volatility Comparison
Brookfield Renewable Partners L.P (BEP-UN.TO) and Canadian Imperial Bank of Commerce (CM.TO) have volatilities of 7.93% and 7.75%, 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.
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Volatility by Period
| BEP-UN.TO | CM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.93% | 7.75% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 19.70% | 14.92% | +4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.88% | 17.61% | +10.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.56% | 18.24% | +11.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.91% | 19.93% | +13.98% |
Dividends
BEP-UN.TO vs. CM.TO - Dividend Comparison
BEP-UN.TO's dividend yield for the trailing twelve months is around 4.35%, more than CM.TO's 2.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEP-UN.TO Brookfield Renewable Partners L.P | 4.35% | 5.62% | 6.04% | 5.40% | 5.20% | 3.73% | 3.30% | 11.16% | 18.11% | 13.94% | 14.59% | 14.95% |
CM.TO Canadian Imperial Bank of Commerce | 2.56% | 3.20% | 4.04% | 5.47% | 7.52% | 8.13% | 10.74% | 10.51% | 10.58% | 8.39% | 8.84% | 9.69% |
Financials
BEP-UN.TO vs. CM.TO - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Renewable Partners L.P and Canadian Imperial Bank of Commerce. 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
BEP-UN.TO vs. CM.TO - Profitability Comparison
BEP-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P reported a gross profit of 210.05M and revenue of 1.52B. Therefore, the gross margin over that period was 13.8%.
CM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported a gross profit of 7.36B and revenue of 15.23B. Therefore, the gross margin over that period was 48.4%.
BEP-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P reported an operating income of 138.06M and revenue of 1.52B, resulting in an operating margin of 9.1%.
CM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported an operating income of 3.20B and revenue of 15.23B, resulting in an operating margin of 21.0%.
BEP-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P reported a net income of -113.41M and revenue of 1.52B, resulting in a net margin of -7.5%.
CM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Imperial Bank of Commerce reported a net income of 2.46B and revenue of 15.23B, resulting in a net margin of 16.1%.
Frequently Asked Questions
BEP-UN.TO and CM.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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