BEP vs. EPD
BEP (Brookfield Renewable Partners L.P.) and EPD (Enterprise Products Partners L.P.) are both stocks. BEP operates in Utilities - Renewable (Utilities), while EPD operates in Oil & Gas Midstream (Energy). Over the past 10 years, BEP returned 14.52%/yr vs 10.55%/yr for EPD. At a 0.21 correlation, their price movements are largely independent.
Performance
BEP vs. EPD - Performance Comparison
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Returns By Period
In the year-to-date period, BEP achieves a 38.52% return, which is significantly higher than EPD's 22.17% return. Over the past 10 years, BEP has outperformed EPD with an annualized return of 14.52%, while EPD has yielded a comparatively lower 10.55% annualized return.
BEP
- 1D
- -1.11%
- 1M
- 12.73%
- YTD
- 38.52%
- 6M
- 34.00%
- 1Y
- 55.90%
- 3Y*
- 11.17%
- 5Y*
- 3.51%
- 10Y*
- 14.52%
EPD
- 1D
- 0.74%
- 1M
- -1.76%
- YTD
- 22.17%
- 6M
- 21.90%
- 1Y
- 28.84%
- 3Y*
- 21.77%
- 5Y*
- 17.36%
- 10Y*
- 10.55%
BEP vs. EPD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BEP Brookfield Renewable Partners L.P. | 38.52% | 25.65% | -8.23% | 9.02% | -26.48% | -13.69% | 80.30% | 90.75% | -20.95% | 24.51% |
EPD Enterprise Products Partners L.P. | 22.17% | 9.45% | 28.00% | 17.71% | 18.32% | 21.40% | -23.61% | 21.88% | -1.32% | 4.24% |
Correlation
The correlation between BEP and EPD is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2005 | 0.21 |
The correlation between BEP and EPD shifts across timeframes, from -0.05 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BEP:
$11.08B
EPD:
$83.08B
BEP:
$0.66
EPD:
$2.69
BEP:
55.24
EPD:
14.11
BEP:
0.40
EPD:
2.27
BEP:
1.66
EPD:
1.61
BEP:
$6.37B
EPD:
$51.57B
BEP:
$2.19B
EPD:
$7.31B
BEP:
$4.69B
EPD:
$10.11B
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Return for Risk
BEP vs. EPD — Risk / Return Rank
BEP
EPD
BEP vs. EPD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Partners L.P. (BEP) and Enterprise Products Partners L.P. (EPD). 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 | EPD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.32 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 3.83 | +0.11 |
| Martin ratioReturn relative to average drawdown | 9.03 | 11.90 | -2.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BEP | EPD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.82 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 1.01 | -0.90 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.44 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.54 | +0.01 |
Drawdowns
BEP vs. EPD - Drawdown Comparison
The maximum BEP drawdown since its inception was -53.85%, smaller than the maximum EPD drawdown of -58.78%. Use the drawdown chart below to compare losses from any high point for BEP and EPD.
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Drawdown Indicators
| BEP | EPD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.85% | -58.78% | +4.93% |
Max Drawdown (1Y)Largest decline over 1 year | -14.25% | -7.56% | -6.69% |
Max Drawdown (3Y)Largest decline over 3 years | -35.58% | -15.40% | -20.18% |
Max Drawdown (5Y)Largest decline over 5 years | -47.46% | -18.06% | -29.40% |
Max Drawdown (10Y)Largest decline over 10 years | -53.85% | -58.04% | +4.19% |
Current DrawdownCurrent decline from peak | -3.41% | -4.55% | +1.14% |
Average DrawdownAverage peak-to-trough decline | -13.63% | -10.13% | -3.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.21% | 2.43% | +3.78% |
Volatility
BEP vs. EPD - Volatility Comparison
Brookfield Renewable Partners L.P. (BEP) and Enterprise Products Partners L.P. (EPD) have volatilities of 6.80% and 6.55%, 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 | EPD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.80% | 6.55% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 19.38% | 13.28% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.91% | 15.98% | +13.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.94% | 17.23% | +13.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.99% | 24.16% | +5.83% |
Dividends
BEP vs. EPD - Dividend Comparison
BEP's dividend yield for the trailing twelve months is around 4.19%, less than EPD's 5.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEP Brookfield Renewable Partners L.P. | 4.19% | 5.53% | 6.23% | 5.14% | 5.05% | 4.42% | 2.68% | 4.42% | 7.57% | 5.36% | 5.99% | 6.34% |
EPD Enterprise Products Partners L.P. | 5.76% | 6.74% | 6.63% | 7.51% | 7.79% | 8.20% | 9.09% | 6.23% | 6.97% | 6.29% | 5.88% | 5.90% |
Financials
BEP vs. EPD - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Renewable Partners L.P. and Enterprise Products Partners L.P.. 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 vs. EPD - Profitability Comparison
BEP - 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%.
EPD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported a gross profit of 1.88B and revenue of 14.39B. Therefore, the gross margin over that period was 13.1%.
BEP - 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%.
EPD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported an operating income of 1.82B and revenue of 14.39B, resulting in an operating margin of 12.6%.
BEP - 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%.
EPD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enterprise Products Partners L.P. reported a net income of 1.48B and revenue of 14.39B, resulting in a net margin of 10.3%.
Frequently Asked Questions
BEP and EPD have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEP has higher volatility (6.80%) compared to EPD (6.55%). In terms of maximum drawdown, BEP dropped -53.85% vs EPD's -58.78%.
BEP currently has the higher Sharpe Ratio (1.89 vs 1.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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