BEP-UN.TO vs. VDY.TO
Compare and contrast key facts about Brookfield Renewable Partners L.P (BEP-UN.TO) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO).
VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BEP-UN.TO or VDY.TO.
Key characteristics
| BEP-UN.TO | VDY.TO | |
|---|---|---|
| YTD Return | 4.93% | 21.60% |
| 1Y Return | 12.11% | 28.83% |
| 3Y Return (Ann) | -6.83% | 10.09% |
| 5Y Return (Ann) | 4.83% | 11.95% |
| 10Y Return (Ann) | 8.08% | 8.94% |
| Sharpe Ratio | 0.59 | 3.30 |
| Sortino Ratio | 1.18 | 4.60 |
| Omega Ratio | 1.13 | 1.61 |
| Calmar Ratio | 0.42 | 3.31 |
| Martin Ratio | 1.99 | 17.80 |
| Ulcer Index | 10.92% | 1.72% |
| Daily Std Dev | 36.78% | 9.29% |
| Max Drawdown | -74.11% | -39.21% |
| Current Drawdown | -36.25% | -0.32% |
Correlation
The correlation between BEP-UN.TO and VDY.TO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BEP-UN.TO vs. VDY.TO - Performance Comparison
In the year-to-date period, BEP-UN.TO achieves a 4.93% return, which is significantly lower than VDY.TO's 21.60% return. Over the past 10 years, BEP-UN.TO has underperformed VDY.TO with an annualized return of 8.08%, while VDY.TO has yielded a comparatively higher 8.94% 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. VDY.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 Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.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. VDY.TO - Dividend Comparison
BEP-UN.TO's dividend yield for the trailing twelve months is around 3.96%, less than VDY.TO's 4.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEP-UN.TO Brookfield Renewable Partners L.P | 3.96% | 3.88% | 3.73% | 2.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.30% | 4.64% | 4.42% | 3.58% | 4.59% | 4.25% | 4.43% | 3.82% | 3.25% | 4.11% | 3.25% | 2.50% |
Drawdowns
BEP-UN.TO vs. VDY.TO - Drawdown Comparison
The maximum BEP-UN.TO drawdown since its inception was -74.11%, which is greater than VDY.TO's maximum drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for BEP-UN.TO and VDY.TO. For additional features, visit the drawdowns tool.
Volatility
BEP-UN.TO vs. VDY.TO - Volatility Comparison
Brookfield Renewable Partners L.P (BEP-UN.TO) has a higher volatility of 14.85% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 2.66%. This indicates that BEP-UN.TO's price experiences larger fluctuations and is considered to be riskier than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.