BRP vs. INE.TO

Last updated Aug 1, 2026

BRP (BRP Group, Inc.) and INE.TO (Innergex Renewable Energy Inc.) are both stocks. BRP operates in Insurance Brokers (Financial Services), while INE.TO operates in Utilities - Renewable (Utilities). Their 0.11 correlation means their historical movements had little consistent relationship.

Performance

BRP vs. INE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BRP Group, Inc. (BRP) and Innergex Renewable Energy Inc. (INE.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BRP is traded in USD, while INE.TO is traded in CAD. To make them comparable, the INE.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

BRP

• 1D: 3.93%
• 1M: -2.36%
• 6M: 26.55%
• YTD: 15.44%
• 1Y: -21.44%
• 3Y*: 3.28%
• 5Y*: 0.35%
• 10Y*: —
• ALL TIME*: 7.15%

INE.TO

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRP BRP Group, Inc.	$35.01M	$33.29M	$37.18M

BRP vs. INE.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BRP BRP Group, Inc.	15.44%	-38.00%	61.37%	-4.46%	-30.38%	20.49%	86.73%	-7.65%
INE.TO Innergex Renewable Energy Inc.	0.00%	81.47%	-15.94%	-38.10%	-14.70%	-29.57%	71.98%	3.50%

Correlation

The correlation between BRP and INE.TO is 0.11, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.02
Correlation (5Y) Shows whether the relationship held over a longer period.	0.09
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019	0.11

Fundamentals

Market Cap BRP : $2.16B INE.TO : CA$2.77B
Total Revenue (TTM) BRP : $1.74B INE.TO : CA$995.52M
Gross Profit (TTM) BRP : $0.00 INE.TO : CA$1.10B
EBITDA (TTM) BRP : -$41.30M INE.TO : CA$745.05M

Return for Risk

BRP vs. INE.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BRP

BRP Risk / Return Rank: 28
BRP Sharpe Ratio Rank: 27
BRP Sortino Ratio Rank: 28
BRP Omega Ratio Rank: 28
BRP Calmar Ratio Rank: 28
BRP Martin Ratio Rank: 30

INE.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BRP vs. INE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BRP Group, Inc. (BRP) and Innergex Renewable Energy Inc. (INE.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.

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.

	BRP	INE.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	—	—
Sortino ratio: Return per unit of downside risk	-0.20	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.45	—	—
Martin ratio: Return relative to average drawdown	-0.72	—	—

Drawdowns

Drawdown Indicators

	BRP	INE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-70.16%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-54.74%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-70.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-70.16%	—	—
Current Drawdown Current decline from peak	-49.83%	—	—
Average Drawdown Average peak-to-trough decline	-28.92%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	34.81%	—	—

Volatility

Volatility by Period

	BRP	INE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	49.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	64.41%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.15%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.01%	—	—

Dividends

BRP vs. INE.TO - Dividend Comparison

Neither BRP nor INE.TO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRP BRP Group, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
INE.TO Innergex Renewable Energy Inc.	0.00%	1.31%	4.47%	7.83%	4.44%	3.87%	2.63%	4.15%	5.42%	4.58%	4.56%	5.47%

Financials

Frequently Asked Questions

Can I hold both BRP and INE.TO in my portfolio?

BRP and INE.TO 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.