BEP vs. PHK
BEP (Brookfield Renewable Partners L.P.) and PHK (PIMCO High Income Fund) are both stocks. BEP operates in Utilities - Renewable (Utilities), while PHK operates in Asset Management (Financial Services). Over the past 10 years, BEP returned 14.00%/yr vs 4.02%/yr for PHK. At a 0.19 correlation, their price movements are largely independent.
Performance
BEP vs. PHK - Performance Comparison
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Returns By Period
In the year-to-date period, BEP achieves a 30.18% return, which is significantly higher than PHK's -0.93% return. Over the past 10 years, BEP has outperformed PHK with an annualized return of 14.00%, while PHK has yielded a comparatively lower 4.02% annualized return.
BEP
- 1D
- -3.00%
- 1M
- 0.62%
- YTD
- 30.18%
- 6M
- 25.88%
- 1Y
- 38.52%
- 3Y*
- 10.65%
- 5Y*
- 1.90%
- 10Y*
- 14.00%
PHK
- 1D
- 0.44%
- 1M
- 0.19%
- YTD
- -0.93%
- 6M
- -0.31%
- 1Y
- 7.06%
- 3Y*
- 11.12%
- 5Y*
- 2.84%
- 10Y*
- 4.02%
BEP vs. PHK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BEP Brookfield Renewable Partners L.P. | 30.18% | 25.65% | -8.23% | 9.02% | -26.48% | -13.69% | 80.30% | 90.75% | -20.95% | 24.51% |
PHK PIMCO High Income Fund | -0.93% | 12.63% | 9.46% | 18.84% | -14.41% | 10.97% | -10.10% | 3.44% | 20.86% | -8.66% |
Correlation
The correlation between BEP and PHK is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2005 | 0.19 |
The correlation between BEP and PHK shifts across timeframes, from 0.11 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BEP:
$10.41B
PHK:
$793.52M
BEP:
$0.66
PHK:
$1.07
BEP:
51.91
PHK:
4.24
BEP:
0.38
PHK:
0.18
BEP:
1.56
PHK:
4.80
BEP:
2.81
PHK:
0.94
BEP:
$6.37B
PHK:
$167.83M
BEP:
$2.19B
PHK:
$163.06M
BEP:
$4.69B
PHK:
$88.91M
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Return for Risk
BEP vs. PHK — Risk / Return Rank
BEP
PHK
BEP vs. PHK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Partners L.P. (BEP) and PIMCO High Income Fund (PHK). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BEP | PHK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.15 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 0.77 | +1.95 |
| Martin ratioReturn relative to average drawdown | 6.19 | 2.60 | +3.59 |
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Drawdowns
BEP vs. PHK - Drawdown Comparison
The maximum BEP drawdown since its inception was -53.85%, smaller than the maximum PHK drawdown of -75.29%. Use the drawdown chart below to compare losses from any high point for BEP and PHK.
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Drawdown Indicators
| BEP | PHK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.85% | -75.29% | +21.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.25% | -9.22% | -5.03% |
Max Drawdown (3Y)Largest decline over 3 years | -31.78% | -16.41% | -15.37% |
Max Drawdown (5Y)Largest decline over 5 years | -47.46% | -26.76% | -20.70% |
Max Drawdown (10Y)Largest decline over 10 years | -53.85% | -51.30% | -2.55% |
Current DrawdownCurrent decline from peak | -9.23% | -4.41% | -4.82% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -9.78% | -3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.24% | 2.72% | +3.52% |
Volatility
BEP vs. PHK - Volatility Comparison
Brookfield Renewable Partners L.P. (BEP) has a higher volatility of 7.52% compared to PIMCO High Income Fund (PHK) at 3.16%. This indicates that BEP's price experiences larger fluctuations and is considered to be riskier than PHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BEP | PHK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.52% | 3.16% | +4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 19.88% | 9.84% | +10.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.82% | 11.08% | +17.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.98% | 14.36% | +16.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.99% | 20.55% | +9.44% |
Dividends
BEP vs. PHK - Dividend Comparison
BEP's dividend yield for the trailing twelve months is around 4.46%, less than PHK's 12.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEP Brookfield Renewable Partners L.P. | 4.46% | 5.53% | 6.23% | 5.14% | 5.05% | 4.42% | 2.68% | 4.42% | 7.57% | 5.36% | 5.99% | 6.34% |
PHK PIMCO High Income Fund | 12.72% | 11.85% | 11.85% | 11.54% | 12.18% | 9.37% | 10.62% | 10.57% | 12.09% | 13.29% | 13.54% | 16.98% |
Financials
BEP vs. PHK - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Renewable Partners L.P. and PIMCO High Income Fund. 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 PHK have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEP has higher volatility (7.52%) compared to PHK (3.16%). In terms of maximum drawdown, BEP dropped -53.85% vs PHK's -75.29%.
BEP currently has the higher Sharpe Ratio (1.34 vs 0.64), 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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