BN vs. AWK

Last updated Jun 13, 2026

BN (Brookfield Corporation) and AWK (American Water Works Company, Inc.) are both stocks. BN operates in Asset Management (Financial Services), while AWK operates in Utilities - Regulated Water (Utilities). Over the past 10 years, BN returned 15.61%/yr vs 7.02%/yr for AWK. At a 0.29 correlation, their price movements are largely independent.

Performance

BN vs. AWK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookfield Corporation (BN) and American Water Works Company, Inc. (AWK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BN achieves a -1.31% return, which is significantly higher than AWK's -1.86% return. Over the past 10 years, BN has outperformed AWK with an annualized return of 15.61%, while AWK has yielded a comparatively lower 7.02% annualized return.

BN

• 1D: 0.40%
• 1M: 0.27%
• YTD: -1.31%
• 6M: -0.68%
• 1Y: 15.16%
• 3Y*: 28.32%
• 5Y*: 12.10%
• 10Y*: 15.61%

AWK

• 1D: 1.49%
• 1M: -0.83%
• YTD: -1.86%
• 6M: -2.64%
• 1Y: -8.27%
• 3Y*: -2.50%
• 5Y*: -2.65%
• 10Y*: 7.02%

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

BN vs. AWK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BN Brookfield Corporation	-1.31%	20.54%	44.18%	28.60%	-34.80%	49.30%	8.99%	52.68%	-10.65%	33.82%
AWK American Water Works Company, Inc.	-1.86%	7.40%	-3.53%	-11.68%	-17.89%	24.83%	26.88%	37.79%	1.32%	29.01%

Correlation

The correlation between BN and AWK is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Apr 23, 2008	0.29

The correlation between BN and AWK shifts across timeframes, from -0.19 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BN : $107.01B AWK : $24.63B
EPS BN : $0.56 AWK : $5.65
PE Ratio BN : 80.05 AWK : 22.35
PS Ratio BN : 1.40 AWK : 4.73
PB Ratio BN : 2.50 AWK : 2.23
Total Revenue (TTM) BN : $76.58B AWK : $5.21B
Gross Profit (TTM) BN : $27.02B AWK : $2.27B
EBITDA (TTM) BN : $31.07B AWK : $2.48B

Return for Risk

BN vs. AWK — Risk / Return Rank

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

BN

BN Risk / Return Rank: 57
BN Sharpe Ratio Rank: 61
BN Sortino Ratio Rank: 54
BN Omega Ratio Rank: 53
BN Calmar Ratio Rank: 58
BN Martin Ratio Rank: 61

AWK

AWK Risk / Return Rank: 24
AWK Sharpe Ratio Rank: 26
AWK Sortino Ratio Rank: 23
AWK Omega Ratio Rank: 24
AWK Calmar Ratio Rank: 24
AWK Martin Ratio Rank: 23

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.

BN vs. AWK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Corporation (BN) and American Water Works Company, Inc. (AWK). 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.

	BN	AWK	Difference
Sharpe ratio: Return per unit of total volatility	0.53	-0.38	+0.91
Sortino ratio: Return per unit of downside risk	0.91	-0.42	+1.32
Omega ratio: Gain probability vs. loss probability	1.11	0.95	+0.16
Calmar ratio: Return relative to maximum drawdown	0.69	-0.54	+1.23
Martin ratio: Return relative to average drawdown	1.90	-0.99	+2.89

BN vs. AWK - Sharpe Ratio Comparison

The current BN Sharpe Ratio is 0.53, which is higher than the AWK Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of BN and AWK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BN vs. AWK - Drawdown Comparison

The maximum BN drawdown since its inception was -82.22%, which is greater than AWK's maximum drawdown of -37.10%. Use the drawdown chart below to compare losses from any high point for BN and AWK.

Drawdown Indicators

	BN	AWK	Difference
Max Drawdown Largest peak-to-trough decline	-82.22%	-37.10%	-45.12%
Max Drawdown (1Y) Largest decline over 1 year	-22.05%	-15.45%	-6.60%
Max Drawdown (3Y) Largest decline over 3 years	-27.84%	-22.33%	-5.51%
Max Drawdown (5Y) Largest decline over 5 years	-41.85%	-37.10%	-4.75%
Max Drawdown (10Y) Largest decline over 10 years	-51.42%	-37.10%	-14.32%
Current Drawdown Current decline from peak	-7.89%	-26.26%	+18.37%
Average Drawdown Average peak-to-trough decline	-28.51%	-9.51%	-19.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.99%	8.38%	-0.39%

Volatility

BN vs. AWK - Volatility Comparison

Brookfield Corporation (BN) has a higher volatility of 10.05% compared to American Water Works Company, Inc. (AWK) at 6.28%. This indicates that BN's price experiences larger fluctuations and is considered to be riskier than AWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BN	AWK	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.05%	6.28%	+3.77%
Volatility (6M) Calculated over the trailing 6-month period	22.60%	15.71%	+6.89%
Volatility (1Y) Calculated over the trailing 1-year period	28.82%	21.59%	+7.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.27%	22.93%	+8.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.17%	23.72%	+6.45%

Dividends

BN vs. AWK - Dividend Comparison

BN's dividend yield for the trailing twelve months is around 0.55%, less than AWK's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWK American Water Works Company, Inc.	2.67%	2.49%	2.41%	2.10%	1.68%	1.25%	1.40%	1.59%	1.96%	1.77%	2.02%	2.23%
BN Brookfield Corporation	0.55%	0.52%	0.56%	0.70%	1.44%	1.12%	1.55%	1.11%	1.56%	1.29%	1.58%	1.50%

Financials

BN vs. AWK - Profitability Comparison

The chart below illustrates the profitability comparison between Brookfield Corporation and American Water Works Company, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Corporation reported a gross profit of 4.43B and revenue of 18.39B. Therefore, the gross margin over that period was 24.1%.

AWK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported a gross profit of 714.00M and revenue of 1.21B. Therefore, the gross margin over that period was 59.2%.

BN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Corporation reported an operating income of 4.39B and revenue of 18.39B, resulting in an operating margin of 23.9%.

AWK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported an operating income of 391.00M and revenue of 1.21B, resulting in an operating margin of 32.4%.

BN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Corporation reported a net income of 100.59M and revenue of 18.39B, resulting in a net margin of 0.6%.

AWK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported a net income of 196.00M and revenue of 1.21B, resulting in a net margin of 16.2%.

Frequently Asked Questions

Can I hold both BN and AWK in my portfolio?

BN and AWK have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BN or AWK?

BN has higher volatility (10.05%) compared to AWK (6.28%). In terms of maximum drawdown, BN dropped -82.22% vs AWK's -37.10%.

Which has better risk-adjusted returns?

BN currently has the higher Sharpe Ratio (0.53 vs -0.38), 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.