T.TO vs. BEP-UN.TO
T.TO (TELUS Corporation) and BEP-UN.TO (Brookfield Renewable Partners L.P) are both stocks. T.TO operates in Telecom Services (Communication Services), while BEP-UN.TO operates in Utilities - Renewable (Utilities). Over the past 10 years, T.TO returned 12.56%/yr vs 27.19%/yr for BEP-UN.TO. At a 0.13 correlation, their price movements are largely independent.
Performance
T.TO vs. BEP-UN.TO - Performance Comparison
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Returns By Period
In the year-to-date period, T.TO achieves a -4.18% return, which is significantly lower than BEP-UN.TO's 33.62% return. Over the past 10 years, T.TO has underperformed BEP-UN.TO with an annualized return of 12.56%, while BEP-UN.TO has yielded a comparatively higher 27.19% annualized return.
T.TO
- 1D
- -0.66%
- 1M
- 0.92%
- YTD
- -4.18%
- 6M
- -1.40%
- 1Y
- -17.56%
- 3Y*
- -7.01%
- 5Y*
- -3.90%
- 10Y*
- 12.56%
BEP-UN.TO
- 1D
- 0.94%
- 1M
- 3.56%
- YTD
- 33.62%
- 6M
- 29.84%
- 1Y
- 43.17%
- 3Y*
- 14.35%
- 5Y*
- 5.35%
- 10Y*
- 27.19%
T.TO vs. BEP-UN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T.TO TELUS Corporation | -4.18% | 0.34% | -11.50% | -4.41% | -8.27% | 23.58% | 113.11% | 21.76% | 3.92% | 21.55% |
BEP-UN.TO Brookfield Renewable Partners L.P | 33.62% | 20.23% | -0.38% | 6.88% | -21.23% | -14.69% | 246.86% | 96.89% | -5.12% | 27.27% |
Correlation
The correlation between T.TO and BEP-UN.TO is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.13 |
The correlation between T.TO and BEP-UN.TO shifts across timeframes, from -0.05 (1 year) to 0.17 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
T.TO:
CA$25.82B
BEP-UN.TO:
CA$14.69B
T.TO:
CA$0.60
BEP-UN.TO:
$0.66
T.TO:
27.48
BEP-UN.TO:
52.45
T.TO:
1.26
BEP-UN.TO:
1.58
T.TO:
1.66
BEP-UN.TO:
2.84
T.TO:
CA$20.32B
BEP-UN.TO:
$6.37B
T.TO:
CA$8.88B
BEP-UN.TO:
$2.19B
T.TO:
CA$7.49B
BEP-UN.TO:
$4.69B
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Return for Risk
T.TO vs. BEP-UN.TO — Risk / Return Rank
T.TO
BEP-UN.TO
T.TO vs. BEP-UN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TELUS Corporation (T.TO) and Brookfield Renewable Partners L.P (BEP-UN.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.
| T.TO | BEP-UN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -3.47 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.27 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 2.73 | -3.45 |
| Martin ratioReturn relative to average drawdown | -1.25 | 6.36 | -7.61 |
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Drawdowns
T.TO vs. BEP-UN.TO - Drawdown Comparison
The maximum T.TO drawdown since its inception was -39.72%, smaller than the maximum BEP-UN.TO drawdown of -50.28%. Use the drawdown chart below to compare losses from any high point for T.TO and BEP-UN.TO.
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Drawdown Indicators
| T.TO | BEP-UN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.72% | -50.28% | +10.56% |
Max Drawdown (1Y)Largest decline over 1 year | -24.59% | -15.87% | -8.72% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -28.89% | +4.30% |
Max Drawdown (5Y)Largest decline over 5 years | -38.60% | -42.95% | +4.35% |
Max Drawdown (10Y)Largest decline over 10 years | -38.60% | -50.28% | +11.68% |
Current DrawdownCurrent decline from peak | -36.05% | -5.15% | -30.90% |
Average DrawdownAverage peak-to-trough decline | -10.15% | -10.81% | +0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.12% | 6.81% | +7.31% |
Volatility
T.TO vs. BEP-UN.TO - Volatility Comparison
The current volatility for TELUS Corporation (T.TO) is 3.41%, while Brookfield Renewable Partners L.P (BEP-UN.TO) has a volatility of 7.93%. This indicates that T.TO experiences smaller price fluctuations and is considered to be less risky than BEP-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T.TO | BEP-UN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 7.93% | -4.52% |
Volatility (6M)Calculated over the trailing 6-month period | 13.28% | 19.70% | -6.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.82% | 27.88% | -11.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.45% | 29.56% | -13.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.57% | 33.91% | -0.34% |
Dividends
T.TO vs. BEP-UN.TO - Dividend Comparison
T.TO's dividend yield for the trailing twelve months is around 10.11%, more than BEP-UN.TO's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEP-UN.TO Brookfield Renewable Partners L.P | 4.35% | 5.62% | 6.04% | 5.40% | 5.20% | 3.73% | 3.30% | 11.16% | 18.11% | 13.94% | 14.59% | 14.95% |
T.TO TELUS Corporation | 10.11% | 9.14% | 7.99% | 6.17% | 5.19% | 4.27% | 4.70% | 8.96% | 9.28% | 8.27% | 8.61% | 8.78% |
Financials
T.TO vs. BEP-UN.TO - Financials Comparison
This section allows you to compare key financial metrics between TELUS Corporation 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
T.TO vs. BEP-UN.TO - Profitability Comparison
T.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a gross profit of 824.00M and revenue of 4.99B. Therefore, the gross margin over that period was 16.5%.
BEP-UN.TO - 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%.
T.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported an operating income of 824.00M and revenue of 4.99B, resulting in an operating margin of 16.5%.
BEP-UN.TO - 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%.
T.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TELUS Corporation reported a net income of 136.00M and revenue of 4.99B, resulting in a net margin of 2.7%.
BEP-UN.TO - 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
T.TO and BEP-UN.TO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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