BEP vs. HQH
BEP (Brookfield Renewable Partners L.P.) and HQH (Tekla Healthcare Investors) are both stocks. BEP operates in Utilities - Renewable (Utilities), while HQH operates in Asset Management (Financial Services). Over the past 10 years, BEP returned 14.61%/yr vs 6.93%/yr for HQH. At a 0.26 correlation, their price movements are largely independent.
Performance
BEP vs. HQH - Performance Comparison
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Returns By Period
In the year-to-date period, BEP achieves a 38.60% return, which is significantly higher than HQH's 5.47% return. Over the past 10 years, BEP has outperformed HQH with an annualized return of 14.61%, while HQH has yielded a comparatively lower 6.93% annualized return.
BEP
- 1D
- 0.05%
- 1M
- 8.52%
- YTD
- 38.60%
- 6M
- 32.04%
- 1Y
- 60.41%
- 3Y*
- 10.50%
- 5Y*
- 3.49%
- 10Y*
- 14.61%
HQH
- 1D
- -1.83%
- 1M
- -3.39%
- YTD
- 5.47%
- 6M
- 3.99%
- 1Y
- 35.45%
- 3Y*
- 16.70%
- 5Y*
- 5.14%
- 10Y*
- 6.93%
BEP vs. HQH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BEP Brookfield Renewable Partners L.P. | 38.60% | 25.65% | -8.23% | 9.02% | -26.48% | -13.69% | 80.30% | 90.75% | -20.95% | 24.51% |
HQH Tekla Healthcare Investors | 5.47% | 34.12% | 10.22% | 1.22% | -17.27% | 7.99% | 24.82% | 26.80% | -13.08% | 15.97% |
Correlation
The correlation between BEP and HQH is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2005 | 0.26 |
The correlation between BEP and HQH shifts across timeframes, from 0.17 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BEP:
$0.66
HQH:
$6.05
BEP:
55.27
HQH:
3.10
BEP:
0.40
HQH:
0.21
BEP:
1.67
HQH:
31.68
BEP:
$6.37B
HQH:
$32.46M
BEP:
$2.19B
HQH:
$27.34M
BEP:
$4.69B
HQH:
$173.45M
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Return for Risk
BEP vs. HQH — Risk / Return Rank
BEP
HQH
BEP vs. HQH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Partners L.P. (BEP) and Tekla Healthcare Investors (HQH). 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 | HQH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.29 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | 2.74 | +1.52 |
| Martin ratioReturn relative to average drawdown | 9.76 | 9.58 | +0.18 |
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 | HQH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 1.74 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.26 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.32 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.37 | +0.17 |
Drawdowns
BEP vs. HQH - Drawdown Comparison
The maximum BEP drawdown since its inception was -53.85%, smaller than the maximum HQH drawdown of -62.36%. Use the drawdown chart below to compare losses from any high point for BEP and HQH.
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Drawdown Indicators
| BEP | HQH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.85% | -62.36% | +8.51% |
Max Drawdown (1Y)Largest decline over 1 year | -14.25% | -13.01% | -1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -35.58% | -21.14% | -14.44% |
Max Drawdown (5Y)Largest decline over 5 years | -47.46% | -37.55% | -9.91% |
Max Drawdown (10Y)Largest decline over 10 years | -53.85% | -37.55% | -16.30% |
Current DrawdownCurrent decline from peak | -3.35% | -6.10% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -21.04% | +7.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.21% | 3.71% | +2.50% |
Volatility
BEP vs. HQH - Volatility Comparison
Brookfield Renewable Partners L.P. (BEP) and Tekla Healthcare Investors (HQH) have volatilities of 6.09% and 5.83%, 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 | HQH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 5.83% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 19.31% | 14.56% | +4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.56% | 20.49% | +9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.93% | 19.60% | +11.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.97% | 21.51% | +8.46% |
Dividends
BEP vs. HQH - Dividend Comparison
BEP's dividend yield for the trailing twelve months is around 4.19%, less than HQH's 12.36% 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% |
HQH Tekla Healthcare Investors | 12.36% | 11.56% | 14.21% | 9.66% | 9.50% | 8.59% | 7.97% | 8.24% | 10.75% | 8.78% | 9.80% | 11.97% |
Financials
BEP vs. HQH - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Renewable Partners L.P. and Tekla Healthcare Investors. 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
Frequently Asked Questions
BEP and HQH have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEP has higher volatility (6.09%) compared to HQH (5.83%). In terms of maximum drawdown, BEP dropped -53.85% vs HQH's -62.36%.
BEP currently has the higher Sharpe Ratio (2.06 vs 1.74), 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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