BEP-UN.TO vs. CNQ.TO
Compare and contrast key facts about Brookfield Renewable Partners L.P (BEP-UN.TO) and Canadian Natural Resources Limited (CNQ.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BEP-UN.TO or CNQ.TO.
Key characteristics
BEP-UN.TO | CNQ.TO | |
---|---|---|
YTD Return | 9.20% | 13.39% |
1Y Return | 25.64% | 13.46% |
3Y Return (Ann) | -5.53% | 27.07% |
5Y Return (Ann) | 6.73% | 26.71% |
10Y Return (Ann) | 8.47% | 11.52% |
Sharpe Ratio | 0.68 | 0.61 |
Sortino Ratio | 1.30 | 0.97 |
Omega Ratio | 1.14 | 1.12 |
Calmar Ratio | 0.49 | 0.74 |
Martin Ratio | 2.30 | 1.56 |
Ulcer Index | 10.85% | 10.07% |
Daily Std Dev | 36.67% | 25.87% |
Max Drawdown | -74.11% | -79.68% |
Current Drawdown | -33.66% | -13.51% |
Fundamentals
BEP-UN.TO | CNQ.TO | |
---|---|---|
Market Cap | CA$24.28B | CA$100.52B |
EPS | -CA$1.12 | CA$3.51 |
PEG Ratio | 3.52 | 0.33 |
Total Revenue (TTM) | CA$4.30B | CA$26.85B |
Gross Profit (TTM) | CA$2.43B | CA$7.84B |
EBITDA (TTM) | CA$2.76B | CA$12.66B |
Correlation
The correlation between BEP-UN.TO and CNQ.TO is 0.27, 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
BEP-UN.TO vs. CNQ.TO - Performance Comparison
In the year-to-date period, BEP-UN.TO achieves a 9.20% return, which is significantly lower than CNQ.TO's 13.39% return. Over the past 10 years, BEP-UN.TO has underperformed CNQ.TO with an annualized return of 8.47%, while CNQ.TO has yielded a comparatively higher 11.52% 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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Risk-Adjusted Performance
BEP-UN.TO vs. CNQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Partners L.P (BEP-UN.TO) and Canadian Natural Resources Limited (CNQ.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.
Dividends
BEP-UN.TO vs. CNQ.TO - Dividend Comparison
BEP-UN.TO's dividend yield for the trailing twelve months is around 3.81%, more than CNQ.TO's 2.50% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Brookfield Renewable Partners L.P | 3.81% | 3.88% | 3.73% | 2.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Canadian Natural Resources Limited | 2.50% | 0.53% | 0.74% | 0.43% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BEP-UN.TO vs. CNQ.TO - Drawdown Comparison
The maximum BEP-UN.TO drawdown since its inception was -74.11%, smaller than the maximum CNQ.TO drawdown of -79.68%. Use the drawdown chart below to compare losses from any high point for BEP-UN.TO and CNQ.TO. For additional features, visit the drawdowns tool.
Volatility
BEP-UN.TO vs. CNQ.TO - Volatility Comparison
Brookfield Renewable Partners L.P (BEP-UN.TO) has a higher volatility of 14.68% compared to Canadian Natural Resources Limited (CNQ.TO) at 7.80%. This indicates that BEP-UN.TO's price experiences larger fluctuations and is considered to be riskier than CNQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BEP-UN.TO vs. CNQ.TO - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Renewable Partners L.P 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