HQH vs. BEP
HQH (Tekla Healthcare Investors) and BEP (Brookfield Renewable Partners L.P.) are both stocks. HQH operates in Asset Management (Financial Services), while BEP operates in Utilities - Renewable (Utilities). Over the past 10 years, HQH returned 6.93%/yr vs 14.61%/yr for BEP. At a 0.26 correlation, their price movements are largely independent.
Performance
HQH vs. BEP - Performance Comparison
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Returns By Period
In the year-to-date period, HQH achieves a 5.47% return, which is significantly lower than BEP's 38.60% return. Over the past 10 years, HQH has underperformed BEP with an annualized return of 6.93%, while BEP has yielded a comparatively higher 14.61% annualized return.
HQH
- 1D
- -1.83%
- 1M
- -3.39%
- YTD
- 5.47%
- 6M
- 3.99%
- 1Y
- 35.45%
- 3Y*
- 16.70%
- 5Y*
- 5.14%
- 10Y*
- 6.93%
BEP
- 1D
- 0.05%
- 1M
- 8.52%
- YTD
- 38.60%
- 6M
- 32.04%
- 1Y
- 60.41%
- 3Y*
- 10.50%
- 5Y*
- 3.49%
- 10Y*
- 14.61%
HQH vs. BEP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HQH Tekla Healthcare Investors | 5.47% | 34.12% | 10.22% | 1.22% | -17.27% | 7.99% | 24.82% | 26.80% | -13.08% | 15.97% |
BEP Brookfield Renewable Partners L.P. | 38.60% | 25.65% | -8.23% | 9.02% | -26.48% | -13.69% | 80.30% | 90.75% | -20.95% | 24.51% |
Correlation
The correlation between HQH and BEP is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2005 | 0.26 |
The correlation between HQH and BEP shifts across timeframes, from 0.17 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HQH:
$6.05
BEP:
$0.66
HQH:
3.10
BEP:
55.27
HQH:
0.21
BEP:
0.40
HQH:
31.68
BEP:
1.67
HQH:
$32.46M
BEP:
$6.37B
HQH:
$27.34M
BEP:
$2.19B
HQH:
$173.45M
BEP:
$4.69B
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Return for Risk
HQH vs. BEP — Risk / Return Rank
HQH
BEP
HQH vs. BEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tekla Healthcare Investors (HQH) and Brookfield Renewable Partners L.P. (BEP). 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.
| HQH | BEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.35 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 4.26 | -1.52 |
| Martin ratioReturn relative to average drawdown | 9.58 | 9.76 | -0.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HQH | BEP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 2.06 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.11 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.49 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.54 | -0.17 |
Drawdowns
HQH vs. BEP - Drawdown Comparison
The maximum HQH drawdown since its inception was -62.36%, which is greater than BEP's maximum drawdown of -53.85%. Use the drawdown chart below to compare losses from any high point for HQH and BEP.
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Drawdown Indicators
| HQH | BEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.36% | -53.85% | -8.51% |
Max Drawdown (1Y)Largest decline over 1 year | -13.01% | -14.25% | +1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -21.14% | -35.58% | +14.44% |
Max Drawdown (5Y)Largest decline over 5 years | -37.55% | -47.46% | +9.91% |
Max Drawdown (10Y)Largest decline over 10 years | -37.55% | -53.85% | +16.30% |
Current DrawdownCurrent decline from peak | -6.10% | -3.35% | -2.75% |
Average DrawdownAverage peak-to-trough decline | -21.04% | -13.62% | -7.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.71% | 6.21% | -2.50% |
Volatility
HQH vs. BEP - Volatility Comparison
Tekla Healthcare Investors (HQH) and Brookfield Renewable Partners L.P. (BEP) have volatilities of 5.83% and 6.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HQH | BEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.83% | 6.09% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 14.56% | 19.31% | -4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.49% | 29.56% | -9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.60% | 30.93% | -11.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.51% | 29.97% | -8.46% |
Dividends
HQH vs. BEP - Dividend Comparison
HQH's dividend yield for the trailing twelve months is around 12.36%, more than BEP's 4.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEP Brookfield Renewable Partners L.P. | 4.19% | 5.53% | 6.23% | 5.14% | 5.05% | 4.42% | 2.68% | 4.42% | 7.57% | 5.36% | 5.99% | 6.34% |
HQH Tekla Healthcare Investors | 12.36% | 11.56% | 14.21% | 9.66% | 9.50% | 8.59% | 7.97% | 8.24% | 10.75% | 8.78% | 9.80% | 11.97% |
Financials
HQH vs. BEP - Financials Comparison
This section allows you to compare key financial metrics between Tekla Healthcare Investors and Brookfield Renewable Partners L.P.. 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
Frequently Asked Questions
HQH and BEP have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEP has higher volatility (6.09%) compared to HQH (5.83%). In terms of maximum drawdown, HQH dropped -62.36% vs BEP's -53.85%.
BEP currently has the higher Sharpe Ratio (2.06 vs 1.74), 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.
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