IDA vs. AQN.TO
Compare and contrast key facts about IDACORP, Inc. (IDA) and Algonquin Power & Utilities Corp. (AQN.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDA or AQN.TO.
Key characteristics
| IDA | AQN.TO | |
|---|---|---|
| YTD Return | -2.63% | 3.28% |
| 1Y Return | -11.79% | -21.46% |
| 3Y Return (Ann) | 0.40% | -20.12% |
| 5Y Return (Ann) | 2.11% | -6.22% |
| 10Y Return (Ann) | 8.71% | 5.86% |
| Sharpe Ratio | -0.66 | -0.74 |
| Daily Std Dev | 18.68% | 27.94% |
| Max Drawdown | -54.01% | -78.58% |
| Current Drawdown | -14.85% | -54.52% |
Fundamentals
| IDA | AQN.TO | |
|---|---|---|
| Market Cap | $4.80B | CA$5.77B |
| EPS | $5.14 | CA$0.04 |
| PE Ratio | 18.40 | 209.25 |
| PEG Ratio | 2.35 | 1.41 |
| Revenue (TTM) | $1.77B | CA$2.70B |
| Gross Profit (TTM) | $537.51M | CA$1.05B |
| EBITDA (TTM) | $506.87M | CA$944.79M |
Correlation
The correlation between IDA and AQN.TO is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IDA vs. AQN.TO - Performance Comparison
In the year-to-date period, IDA achieves a -2.63% return, which is significantly lower than AQN.TO's 3.28% return. Over the past 10 years, IDA has outperformed AQN.TO with an annualized return of 8.71%, while AQN.TO has yielded a comparatively lower 5.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IDA vs. AQN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IDACORP, Inc. (IDA) and Algonquin Power & Utilities Corp. (AQN.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.
Dividends
IDA vs. AQN.TO - Dividend Comparison
IDA's dividend yield for the trailing twelve months is around 3.41%, less than AQN.TO's 6.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDA IDACORP, Inc. | 3.41% | 3.25% | 2.82% | 2.54% | 2.83% | 2.40% | 2.58% | 2.45% | 2.58% | 2.82% | 2.66% | 3.03% |
AQN.TO Algonquin Power & Utilities Corp. | 6.84% | 6.94% | 10.63% | 4.61% | 3.90% | 3.96% | 4.82% | 4.27% | 4.82% | 4.50% | 3.83% | 4.53% |
Drawdowns
IDA vs. AQN.TO - Drawdown Comparison
The maximum IDA drawdown since its inception was -54.01%, smaller than the maximum AQN.TO drawdown of -78.58%. Use the drawdown chart below to compare losses from any high point for IDA and AQN.TO. For additional features, visit the drawdowns tool.
Volatility
IDA vs. AQN.TO - Volatility Comparison
The current volatility for IDACORP, Inc. (IDA) is 5.56%, while Algonquin Power & Utilities Corp. (AQN.TO) has a volatility of 7.95%. This indicates that IDA experiences smaller price fluctuations and is considered to be less risky than AQN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IDA vs. AQN.TO - Financials Comparison
This section allows you to compare key financial metrics between IDACORP, Inc. and Algonquin Power & Utilities Corp.. 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