GWO.TO vs. BN.TO
GWO.TO (Great-West Lifeco Inc.) and BN.TO (Brookfield Corporation) are both stocks. Both are in the Financial Services sector — GWO.TO in Insurance - Life, BN.TO in Asset Management. Over the past 10 years, GWO.TO returned 14.86%/yr vs 30.86%/yr for BN.TO. At a 0.37 correlation, their price movements are largely independent.
Performance
GWO.TO vs. BN.TO - Performance Comparison
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Returns By Period
In the year-to-date period, GWO.TO achieves a 25.54% return, which is significantly higher than BN.TO's 0.47% return. Over the past 10 years, GWO.TO has underperformed BN.TO with an annualized return of 14.86%, while BN.TO has yielded a comparatively higher 30.86% annualized return.
GWO.TO
- 1D
- 0.58%
- 1M
- 8.18%
- YTD
- 25.54%
- 6M
- 27.21%
- 1Y
- 69.48%
- 3Y*
- 35.82%
- 5Y*
- 23.88%
- 10Y*
- 14.86%
BN.TO
- 1D
- 0.62%
- 1M
- 0.83%
- YTD
- 0.47%
- 6M
- 0.84%
- 1Y
- 82.01%
- 3Y*
- 49.71%
- 5Y*
- 31.01%
- 10Y*
- 30.86%
GWO.TO vs. BN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWO.TO Great-West Lifeco Inc. | 25.54% | 48.38% | 14.28% | 47.70% | -12.58% | 31.45% | -2.64% | 24.53% | -15.76% | 4.08% |
BN.TO Brookfield Corporation | 0.47% | 73.06% | 57.07% | 27.06% | -12.87% | 47.98% | 62.13% | 48.67% | -0.53% | 29.78% |
Correlation
The correlation between GWO.TO and BN.TO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.37 |
Over the past year, the correlation between GWO.TO and BN.TO has dropped to 0.14 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
Fundamentals
GWO.TO:
CA$75.72B
BN.TO:
CA$145.56B
GWO.TO:
CA$4.85
BN.TO:
$0.63
GWO.TO:
17.20
BN.TO:
72.25
GWO.TO:
2.21
BN.TO:
1.27
GWO.TO:
2.80
BN.TO:
2.44
GWO.TO:
CA$34.77B
BN.TO:
$76.56B
GWO.TO:
CA$15.81B
BN.TO:
$18.76B
GWO.TO:
CA$6.15B
BN.TO:
$33.73B
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Return for Risk
GWO.TO vs. BN.TO — Risk / Return Rank
GWO.TO
BN.TO
GWO.TO vs. BN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifeco Inc. (GWO.TO) and Brookfield Corporation (BN.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.
| GWO.TO | BN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.72 | ||
| Sortino ratioReturn per unit of downside risk | +1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.77 | 1.45 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 5.76 | 3.48 | +2.28 |
| Martin ratioReturn relative to average drawdown | 21.70 | 10.01 | +11.68 |
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Drawdowns
GWO.TO vs. BN.TO - Drawdown Comparison
The maximum GWO.TO drawdown since its inception was -67.52%, which is greater than BN.TO's maximum drawdown of -63.63%. Use the drawdown chart below to compare losses from any high point for GWO.TO and BN.TO.
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Drawdown Indicators
| GWO.TO | BN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.52% | -63.63% | -3.89% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -22.47% | +10.13% |
Max Drawdown (3Y)Largest decline over 3 years | -12.82% | -28.87% | +16.05% |
Max Drawdown (5Y)Largest decline over 5 years | -27.64% | -32.27% | +4.63% |
Max Drawdown (10Y)Largest decline over 10 years | -44.96% | -46.45% | +1.49% |
Current DrawdownCurrent decline from peak | 0.00% | -6.75% | +6.75% |
Average DrawdownAverage peak-to-trough decline | -11.31% | -10.40% | -0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 7.79% | -4.52% |
Volatility
GWO.TO vs. BN.TO - Volatility Comparison
The current volatility for Great-West Lifeco Inc. (GWO.TO) is 4.80%, while Brookfield Corporation (BN.TO) has a volatility of 10.04%. This indicates that GWO.TO experiences smaller price fluctuations and is considered to be less risky than BN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GWO.TO | BN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.80% | 10.04% | -5.24% |
Volatility (6M)Calculated over the trailing 6-month period | 12.35% | 22.06% | -9.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.77% | 51.52% | -34.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.64% | 35.86% | -19.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.75% | 36.66% | -15.91% |
Dividends
GWO.TO vs. BN.TO - Dividend Comparison
GWO.TO's dividend yield for the trailing twelve months is around 3.07%, more than BN.TO's 0.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BN.TO Brookfield Corporation | 0.41% | 0.53% | 0.80% | 1.48% | 2.09% | 1.58% | 2.27% | 3.15% | 4.14% | 4.51% | 4.35% | 4.36% |
GWO.TO Great-West Lifeco Inc. | 3.07% | 3.60% | 4.66% | 4.74% | 6.26% | 4.75% | 5.77% | 4.97% | 5.52% | 4.18% | 3.94% | 3.78% |
Financials
GWO.TO vs. BN.TO - Financials Comparison
This section allows you to compare key financial metrics between Great-West Lifeco Inc. and Brookfield Corporation. 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
GWO.TO vs. BN.TO - Profitability Comparison
GWO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported a gross profit of 3.62B and revenue of 7.73B. Therefore, the gross margin over that period was 46.9%.
BN.TO - 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 1.83B and revenue of 18.35B. Therefore, the gross margin over that period was 10.0%.
GWO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported an operating income of 1.61B and revenue of 7.73B, resulting in an operating margin of 20.8%.
BN.TO - 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 4.38B and revenue of 18.35B, resulting in an operating margin of 23.9%.
GWO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported a net income of 1.24B and revenue of 7.73B, resulting in a net margin of 16.1%.
BN.TO - 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 100.33M and revenue of 18.35B, resulting in a net margin of 0.6%.
Frequently Asked Questions
GWO.TO and BN.TO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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