NOVT vs. BEPC

Last updated Apr 1, 2026

Compare and contrast key facts about Novanta Inc. (NOVT) and Brookfield Renewable Corporation (BEPC).

Performance

NOVT vs. BEPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Novanta Inc. (NOVT) and Brookfield Renewable Corporation (BEPC). The values are adjusted to include any dividend payments, if applicable.

NOVT vs. BEPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NOVT Novanta Inc.	-0.74%	-22.11%	-1.79%
BEPC Brookfield Renewable Corporation	4.82%	45.18%	-3.49%

Fundamentals

Market Cap NOVT : $4.57B BEPC : $13.52B
EPS NOVT : $1.46 BEPC : -$10.07
PS Ratio NOVT : 4.45 BEPC : 2.49
Total Revenue (TTM) NOVT : $980.60M BEPC : $3.73B
Gross Profit (TTM) NOVT : $435.28M BEPC : $2.23B
EBITDA (TTM) NOVT : $148.91M BEPC : $2.12B

Returns By Period

In the year-to-date period, NOVT achieves a -0.74% return, which is significantly lower than BEPC's 4.82% return.

NOVT

• 1D: 4.44%
• 1M: -12.14%
• YTD: -0.74%
• 6M: 17.93%
• 1Y: -7.63%
• 3Y*: -9.45%
• 5Y*: -2.62%
• 10Y*: 23.73%

BEPC

• 1D: 2.18%
• 1M: -6.79%
• YTD: 4.82%
• 6M: 17.82%
• 1Y: 48.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

NOVT vs. BEPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOVT

NOVT Risk / Return Rank: 33
NOVT Sharpe Ratio Rank: 34
NOVT Sortino Ratio Rank: 33
NOVT Omega Ratio Rank: 33
NOVT Calmar Ratio Rank: 32
NOVT Martin Ratio Rank: 31

BEPC

BEPC Risk / Return Rank: 83
BEPC Sharpe Ratio Rank: 84
BEPC Sortino Ratio Rank: 81
BEPC Omega Ratio Rank: 78
BEPC Calmar Ratio Rank: 87
BEPC Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NOVT vs. BEPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Novanta Inc. (NOVT) and Brookfield Renewable Corporation (BEPC). 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.

	NOVT	BEPC	Difference
Sharpe ratio Return per unit of total volatility	-0.15	1.46	-1.61
Sortino ratio Return per unit of downside risk	0.13	2.08	-1.94
Omega ratio Gain probability vs. loss probability	1.02	1.26	-0.25
Calmar ratio Return relative to maximum drawdown	-0.32	3.14	-3.46
Martin ratio Return relative to average drawdown	-0.67	7.15	-7.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NOVT vs. BEPC - Sharpe Ratio Comparison

The current NOVT Sharpe Ratio is -0.15, which is lower than the BEPC Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of NOVT and BEPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NOVT	BEPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	1.46	-1.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	1.08	-0.45

Correlation

The correlation between NOVT and BEPC 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.

Dividends

NOVT vs. BEPC - Dividend Comparison

NOVT has not paid dividends to shareholders, while BEPC's dividend yield for the trailing twelve months is around 3.79%.

	TTM	2025
NOVT Novanta Inc.	0.00%	0.00%
BEPC Brookfield Renewable Corporation	3.79%	3.89%

Drawdowns

NOVT vs. BEPC - Drawdown Comparison

The maximum NOVT drawdown since its inception was -46.71%, which is greater than BEPC's maximum drawdown of -16.62%. Use the drawdown chart below to compare losses from any high point for NOVT and BEPC.

Drawdown Indicators

	NOVT	BEPC	Difference
Max Drawdown Largest peak-to-trough decline	-46.71%	-16.62%	-30.09%
Max Drawdown (1Y) Largest decline over 1 year	-26.97%	-15.44%	-11.53%
Max Drawdown (5Y) Largest decline over 5 years	-46.71%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.71%	—	—
Current Drawdown Current decline from peak	-36.57%	-9.39%	-27.18%
Average Drawdown Average peak-to-trough decline	-12.05%	-5.63%	-6.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.71%	6.78%	+5.93%

Volatility

NOVT vs. BEPC - Volatility Comparison

Novanta Inc. (NOVT) has a higher volatility of 12.99% compared to Brookfield Renewable Corporation (BEPC) at 9.50%. This indicates that NOVT's price experiences larger fluctuations and is considered to be riskier than BEPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NOVT	BEPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.99%	9.50%	+3.49%
Volatility (6M) Calculated over the trailing 6-month period	38.56%	22.47%	+16.09%
Volatility (1Y) Calculated over the trailing 1-year period	50.24%	33.65%	+16.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.03%	33.52%	+5.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.37%	33.52%	+4.85%

Financials