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BEPC vs. CWEN

Last updated May 27, 2023

Compare and contrast key facts about Brookfield Renewable Corporation (BEPC) and Clearway Energy, Inc. (CWEN).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BEPC or CWEN.

Key characteristics


BEPCCWEN
YTD Return23.15%-7.21%
1Y Return-7.45%-13.26%
5Y Return (Ann)9.21%15.57%
10Y Return (Ann)9.21%7.63%
Sharpe Ratio-0.23-0.40
Daily Std Dev30.97%28.86%
Max Drawdown-53.48%-58.71%

Fundamentals


BEPCCWEN
Market Cap$5.70B$5.83B
EPS$8.20$5.27
PE Ratio4.045.56
PEG Ratio1.093.42
Revenue (TTM)$3.96B$1.26B
Gross Profit (TTM)$2.70B$755.00M
EBITDA (TTM)$2.62B$987.00M

Correlation

0.45
-1.001.00

The correlation between BEPC and CWEN is 0.45, 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.

BEPC vs. CWEN - Performance Comparison

In the year-to-date period, BEPC achieves a 23.15% return, which is significantly lower than CWEN's -7.21% return. Over the past 10 years, BEPC has outperformed CWEN with an annualized return of 9.21%, while CWEN has yielded a comparatively lower 7.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%December2023FebruaryMarchAprilMay
28.41%
36.25%
BEPC
CWEN

Compare stocks, funds, or ETFs


Brookfield Renewable Corporation

Clearway Energy, Inc.

BEPC vs. CWEN - Dividend Comparison

BEPC's dividend yield for the trailing twelve months is around 4.83%, less than CWEN's 6.17% yield.


TTM20222021202020192018201720162015
BEPC
Brookfield Renewable Corporation
4.83%4.70%3.46%1.07%0.00%0.00%0.00%0.00%0.00%
CWEN
Clearway Energy, Inc.
6.17%4.53%3.88%3.62%4.61%8.79%7.51%8.21%6.18%

BEPC vs. CWEN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Corporation (BEPC) and Clearway Energy, Inc. (CWEN). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BEPC
Brookfield Renewable Corporation
-0.23
CWEN
Clearway Energy, Inc.
-0.40

BEPC vs. CWEN - Sharpe Ratio Comparison

The current BEPC Sharpe Ratio is -0.23, which is higher than the CWEN Sharpe Ratio of -0.40. The chart below compares the 12-month rolling Sharpe Ratio of BEPC and CWEN.


-1.00-0.80-0.60-0.40-0.200.000.20December2023FebruaryMarchAprilMay
-0.23
-0.40
BEPC
CWEN

BEPC vs. CWEN - Drawdown Comparison

The maximum BEPC drawdown for the period was -53.48%, lower than the maximum CWEN drawdown of -27.61%. The drawdown chart below compares losses from any high point along the way for BEPC and CWEN


-50.00%-40.00%-30.00%-20.00%-10.00%December2023FebruaryMarchAprilMay
-42.02%
-27.49%
BEPC
CWEN

BEPC vs. CWEN - Volatility Comparison

Brookfield Renewable Corporation (BEPC) has a higher volatility of 10.68% compared to Clearway Energy, Inc. (CWEN) at 6.12%. This indicates that BEPC's price experiences larger fluctuations and is considered to be riskier than CWEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%6.00%7.00%8.00%9.00%10.00%11.00%December2023FebruaryMarchAprilMay
10.68%
6.12%
BEPC
CWEN