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BEP-UN.TO vs. CNQ.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


BEP-UN.TOCNQ.TO
YTD Return9.20%13.39%
1Y Return25.64%13.46%
3Y Return (Ann)-5.53%27.07%
5Y Return (Ann)6.73%26.71%
10Y Return (Ann)8.47%11.52%
Sharpe Ratio0.680.61
Sortino Ratio1.300.97
Omega Ratio1.141.12
Calmar Ratio0.490.74
Martin Ratio2.301.56
Ulcer Index10.85%10.07%
Daily Std Dev36.67%25.87%
Max Drawdown-74.11%-79.68%
Current Drawdown-33.66%-13.51%

Fundamentals


BEP-UN.TOCNQ.TO
Market CapCA$24.28BCA$100.52B
EPS-CA$1.12CA$3.51
PEG Ratio3.520.33
Total Revenue (TTM)CA$4.30BCA$26.85B
Gross Profit (TTM)CA$2.43BCA$7.84B
EBITDA (TTM)CA$2.76BCA$12.66B

Correlation

-0.50.00.51.00.3

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.


-15.00%-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-3.28%
-8.47%
BEP-UN.TO
CNQ.TO

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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.


BEP-UN.TO
Sharpe ratio
The chart of Sharpe ratio for BEP-UN.TO, currently valued at 0.61, compared to the broader market-4.00-2.000.002.004.000.61
Sortino ratio
The chart of Sortino ratio for BEP-UN.TO, currently valued at 1.22, compared to the broader market-4.00-2.000.002.004.006.001.22
Omega ratio
The chart of Omega ratio for BEP-UN.TO, currently valued at 1.14, compared to the broader market0.501.001.502.001.14
Calmar ratio
The chart of Calmar ratio for BEP-UN.TO, currently valued at 0.43, compared to the broader market0.002.004.006.000.43
Martin ratio
The chart of Martin ratio for BEP-UN.TO, currently valued at 2.10, compared to the broader market0.0010.0020.0030.002.10
CNQ.TO
Sharpe ratio
The chart of Sharpe ratio for CNQ.TO, currently valued at 0.54, compared to the broader market-4.00-2.000.002.004.000.54
Sortino ratio
The chart of Sortino ratio for CNQ.TO, currently valued at 0.90, compared to the broader market-4.00-2.000.002.004.006.000.90
Omega ratio
The chart of Omega ratio for CNQ.TO, currently valued at 1.11, compared to the broader market0.501.001.502.001.11
Calmar ratio
The chart of Calmar ratio for CNQ.TO, currently valued at 0.71, compared to the broader market0.002.004.006.000.71
Martin ratio
The chart of Martin ratio for CNQ.TO, currently valued at 1.46, compared to the broader market0.0010.0020.0030.001.46

BEP-UN.TO vs. CNQ.TO - Sharpe Ratio Comparison

The current BEP-UN.TO Sharpe Ratio is 0.68, which is comparable to the CNQ.TO Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of BEP-UN.TO and CNQ.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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.61
0.54
BEP-UN.TO
CNQ.TO

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.


TTM20232022202120202019201820172016201520142013
BEP-UN.TO
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%
CNQ.TO
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.


-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-39.25%
-14.93%
BEP-UN.TO
CNQ.TO

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.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
14.68%
7.80%
BEP-UN.TO
CNQ.TO

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in CAD except per share items