KEN vs. BEP
KEN (Kenon Holdings Ltd.) and BEP (Brookfield Renewable Partners L.P.) are both stocks. Both are in the Utilities sector — KEN in Utilities - Regulated Electric, BEP in Utilities - Renewable. Over the past 10 years, KEN returned 39.45%/yr vs 14.49%/yr for BEP. At a 0.16 correlation, their price movements are largely independent.
Performance
KEN vs. BEP - Performance Comparison
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Returns By Period
In the year-to-date period, KEN achieves a 4.42% return, which is significantly lower than BEP's 35.56% return. Over the past 10 years, KEN has outperformed BEP with an annualized return of 39.45%, while BEP has yielded a comparatively lower 14.49% annualized return.
KEN
- 1D
- -3.46%
- 1M
- -22.75%
- YTD
- 4.42%
- 6M
- 6.97%
- 1Y
- 84.50%
- 3Y*
- 55.93%
- 5Y*
- 30.35%
- 10Y*
- 39.45%
BEP
- 1D
- 1.42%
- 1M
- 1.69%
- YTD
- 35.56%
- 6M
- 33.93%
- 1Y
- 50.37%
- 3Y*
- 12.91%
- 5Y*
- 3.79%
- 10Y*
- 14.49%
KEN vs. BEP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KEN Kenon Holdings Ltd. | 4.42% | 126.18% | 62.44% | -19.16% | -23.73% | 93.65% | 57.17% | 50.73% | 23.06% | 85.88% |
BEP Brookfield Renewable Partners L.P. | 35.56% | 25.65% | -8.23% | 9.02% | -26.48% | -13.69% | 80.30% | 90.75% | -20.95% | 24.51% |
Correlation
The correlation between KEN and BEP is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2015 | 0.16 |
Fundamentals
KEN:
$3.51B
BEP:
$10.84B
KEN:
$1.54
BEP:
$0.66
KEN:
42.93
BEP:
54.06
KEN:
7.21
BEP:
0.39
KEN:
3.47
BEP:
1.63
KEN:
2.34
BEP:
2.93
KEN:
$1.01B
BEP:
$6.37B
KEN:
$166.82M
BEP:
$2.19B
KEN:
$339.95M
BEP:
$4.69B
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Return for Risk
KEN vs. BEP — Risk / Return Rank
KEN
BEP
KEN vs. BEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kenon Holdings Ltd. (KEN) 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.
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.
| KEN | BEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.31 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 3.55 | -0.78 |
| Martin ratioReturn relative to average drawdown | 10.79 | 8.07 | +2.72 |
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Drawdowns
KEN vs. BEP - Drawdown Comparison
The maximum KEN drawdown since its inception was -69.20%, which is greater than BEP's maximum drawdown of -53.85%. Use the drawdown chart below to compare losses from any high point for KEN and BEP.
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Drawdown Indicators
| KEN | BEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.20% | -53.85% | -15.35% |
Max Drawdown (1Y)Largest decline over 1 year | -30.69% | -14.25% | -16.44% |
Max Drawdown (3Y)Largest decline over 3 years | -32.27% | -31.78% | -0.49% |
Max Drawdown (5Y)Largest decline over 5 years | -69.20% | -47.46% | -21.74% |
Max Drawdown (10Y)Largest decline over 10 years | -69.20% | -53.85% | -15.35% |
Current DrawdownCurrent decline from peak | -30.69% | -5.47% | -25.22% |
Average DrawdownAverage peak-to-trough decline | -23.20% | -13.61% | -9.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.86% | 6.26% | +1.60% |
Volatility
KEN vs. BEP - Volatility Comparison
Kenon Holdings Ltd. (KEN) has a higher volatility of 15.30% compared to Brookfield Renewable Partners L.P. (BEP) at 7.82%. This indicates that KEN's price experiences larger fluctuations and is considered to be riskier than BEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KEN | BEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.30% | 7.82% | +7.48% |
Volatility (6M)Calculated over the trailing 6-month period | 31.64% | 19.61% | +12.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.07% | 28.85% | +11.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.96% | 31.01% | +8.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.91% | 30.02% | +11.89% |
Dividends
KEN vs. BEP - Dividend Comparison
KEN's dividend yield for the trailing twelve months is around 5.81%, more than BEP's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEP Brookfield Renewable Partners L.P. | 4.28% | 5.53% | 6.23% | 5.14% | 5.05% | 4.42% | 2.68% | 4.42% | 7.57% | 5.36% | 5.99% | 6.34% |
KEN Kenon Holdings Ltd. | 5.81% | 7.24% | 11.18% | 11.46% | 25.00% | 7.35% | 7.41% | 5.75% | 96.34% | 0.00% | 0.00% | 45.52% |
Financials
KEN vs. BEP - Financials Comparison
This section allows you to compare key financial metrics between Kenon Holdings Ltd. 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
KEN vs. BEP - Profitability Comparison
KEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kenon Holdings Ltd. reported a gross profit of 47.00M and revenue of 317.00M. Therefore, the gross margin over that period was 14.8%.
BEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P. reported a gross profit of 210.05M and revenue of 1.52B. Therefore, the gross margin over that period was 13.8%.
KEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kenon Holdings Ltd. reported an operating income of 4.00M and revenue of 317.00M, resulting in an operating margin of 1.3%.
BEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P. reported an operating income of 138.06M and revenue of 1.52B, resulting in an operating margin of 9.1%.
KEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kenon Holdings Ltd. reported a net income of 26.00M and revenue of 317.00M, resulting in a net margin of 8.2%.
BEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Renewable Partners L.P. reported a net income of -113.41M and revenue of 1.52B, resulting in a net margin of -7.5%.
Frequently Asked Questions
KEN and BEP have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KEN has higher volatility (15.30%) compared to BEP (7.82%). In terms of maximum drawdown, KEN dropped -69.20% vs BEP's -53.85%.
KEN currently has the higher Sharpe Ratio (2.12 vs 1.76), 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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