BEPC.TO vs. EMA.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Brookfield Renewable Corporation (BEPC.TO) and Emera Incorporated (EMA.TO).

Performance

BEPC.TO vs. EMA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brookfield Renewable Corporation (BEPC.TO) and Emera Incorporated (EMA.TO). The values are adjusted to include any dividend payments, if applicable.

BEPC.TO vs. EMA.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BEPC.TO Brookfield Renewable Corporation	6.24%	38.64%	9.60%	7.21%	-17.01%	-35.49%	94.67%
EMA.TO Emera Incorporated	7.77%	31.95%	14.84%	2.50%	-14.32%	22.34%	1.97%

Fundamentals

Market Cap BEPC.TO : CA$9.96B EMA.TO : CA$21.61B
EPS BEPC.TO : -CA$15.60 EMA.TO : CA$3.63
PS Ratio BEPC.TO : 2.27 EMA.TO : 2.60
Total Revenue (TTM) BEPC.TO : CA$4.10B EMA.TO : CA$8.31B
Gross Profit (TTM) BEPC.TO : CA$2.02B EMA.TO : CA$2.04B
EBITDA (TTM) BEPC.TO : CA$1.34B EMA.TO : CA$2.85B

Returns By Period

In the year-to-date period, BEPC.TO achieves a 6.24% return, which is significantly lower than EMA.TO's 7.77% return.

BEPC.TO

• 1D: 2.08%
• 1M: -4.76%
• YTD: 6.24%
• 6M: 17.83%
• 1Y: 43.90%
• 3Y*: 10.48%
• 5Y*: 3.03%
• 10Y*: —

EMA.TO

• 1D: -0.03%
• 1M: 1.61%
• YTD: 7.77%
• 6M: 10.37%
• 1Y: 24.41%
• 3Y*: 15.49%
• 5Y*: 10.80%
• 10Y*: 9.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BEPC.TO vs. EMA.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BEPC.TO

BEPC.TO Risk / Return Rank: 80
BEPC.TO Sharpe Ratio Rank: 82
BEPC.TO Sortino Ratio Rank: 78
BEPC.TO Omega Ratio Rank: 75
BEPC.TO Calmar Ratio Rank: 83
BEPC.TO Martin Ratio Rank: 80

EMA.TO

EMA.TO Risk / Return Rank: 88
EMA.TO Sharpe Ratio Rank: 89
EMA.TO Sortino Ratio Rank: 87
EMA.TO Omega Ratio Rank: 84
EMA.TO Calmar Ratio Rank: 88
EMA.TO Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEPC.TO vs. EMA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Corporation (BEPC.TO) and Emera Incorporated (EMA.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.

	BEPC.TO	EMA.TO	Difference
Sharpe ratio Return per unit of total volatility	1.33	1.77	-0.43
Sortino ratio Return per unit of downside risk	1.93	2.53	-0.60
Omega ratio Gain probability vs. loss probability	1.25	1.31	-0.07
Calmar ratio Return relative to maximum drawdown	2.55	3.39	-0.84
Martin ratio Return relative to average drawdown	5.74	10.63	-4.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BEPC.TO vs. EMA.TO - Sharpe Ratio Comparison

The current BEPC.TO Sharpe Ratio is 1.33, which is comparable to the EMA.TO Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of BEPC.TO and EMA.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.

Sharpe Ratios by Period

	BEPC.TO	EMA.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	1.77	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.69	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.65	-0.31

Correlation

The correlation between BEPC.TO and EMA.TO is 0.20, 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.

Dividends

BEPC.TO vs. EMA.TO - Dividend Comparison

BEPC.TO's dividend yield for the trailing twelve months is around 3.76%, less than EMA.TO's 4.04% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BEPC.TO Brookfield Renewable Corporation	3.76%	3.97%	4.88%	4.82%	4.46%	3.26%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%
EMA.TO Emera Incorporated	4.04%	4.30%	6.71%	5.54%	5.18%	4.08%	4.58%	4.26%	5.22%	4.54%	4.40%	3.85%

Drawdowns

BEPC.TO vs. EMA.TO - Drawdown Comparison

The maximum BEPC.TO drawdown since its inception was -57.96%, which is greater than EMA.TO's maximum drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for BEPC.TO and EMA.TO.

Drawdown Indicators

	BEPC.TO	EMA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-57.96%	-35.98%	-21.98%
Max Drawdown (1Y) Largest decline over 1 year	-17.39%	-7.37%	-10.02%
Max Drawdown (5Y) Largest decline over 5 years	-45.55%	-26.95%	-18.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.73%	—
Current Drawdown Current decline from peak	-13.21%	-1.80%	-11.41%
Average Drawdown Average peak-to-trough decline	-33.87%	-6.07%	-27.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.73%	2.35%	+5.38%

Volatility

BEPC.TO vs. EMA.TO - Volatility Comparison

Brookfield Renewable Corporation (BEPC.TO) has a higher volatility of 9.28% compared to Emera Incorporated (EMA.TO) at 4.28%. This indicates that BEPC.TO's price experiences larger fluctuations and is considered to be riskier than EMA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BEPC.TO	EMA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.28%	4.28%	+5.00%
Volatility (6M) Calculated over the trailing 6-month period	22.34%	10.18%	+12.16%
Volatility (1Y) Calculated over the trailing 1-year period	33.06%	13.87%	+19.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.21%	15.64%	+15.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.45%	17.40%	+15.05%

Financials

BEPC.TO vs. EMA.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Brookfield Renewable Corporation and Emera Incorporated over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BEPC.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Brookfield Renewable Corporation reported a gross profit of 324.89M and revenue of 1.31B. Therefore, the gross margin over that period was 24.8%.

EMA.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Emera Incorporated reported a gross profit of -1.06B and revenue of 1.54B. Therefore, the gross margin over that period was -68.6%.

BEPC.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Brookfield Renewable Corporation reported an operating income of 276.08M and revenue of 1.31B, resulting in an operating margin of 21.1%.

EMA.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Emera Incorporated reported an operating income of -144.00M and revenue of 1.54B, resulting in an operating margin of -9.4%.

BEPC.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Brookfield Renewable Corporation reported a net income of -984.42M and revenue of 1.31B, resulting in a net margin of -75.3%.

EMA.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Emera Incorporated reported a net income of 87.00M and revenue of 1.54B, resulting in a net margin of 5.7%.