Correlation
The correlation between TDI and BEP is 0.39, 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.
TDI vs. BEP
Compare and contrast key facts about Touchstone Dynamic International ETF (TDI) and Brookfield Renewable Partners L.P. (BEP).
TDI is an actively managed fund by Touchstone. It was launched on Dec 11, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TDI or BEP.
Performance
TDI vs. BEP - Performance Comparison
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Key characteristics
TDI:
0.77
BEP:
-0.20
TDI:
1.14
BEP:
-0.08
TDI:
1.16
BEP:
0.99
TDI:
0.91
BEP:
-0.15
TDI:
3.09
BEP:
-0.49
TDI:
4.40%
BEP:
15.68%
TDI:
18.07%
BEP:
34.75%
TDI:
-14.99%
BEP:
-54.26%
TDI:
-0.49%
BEP:
-40.61%
Returns By Period
In the year-to-date period, TDI achieves a 17.64% return, which is significantly higher than BEP's 7.98% return.
TDI
17.64%
5.92%
13.68%
13.74%
N/A
N/A
N/A
BEP
7.98%
5.06%
-5.46%
-6.92%
-7.76%
2.74%
9.92%
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Risk-Adjusted Performance
TDI vs. BEP — Risk-Adjusted Performance Rank
TDI
BEP
TDI vs. BEP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Touchstone Dynamic International ETF (TDI) 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.
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Dividends
TDI vs. BEP - Dividend Comparison
TDI's dividend yield for the trailing twelve months is around 2.88%, less than BEP's 7.60% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
TDI Touchstone Dynamic International ETF | 2.88% | 3.39% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BEP Brookfield Renewable Partners L.P. | 7.60% | 6.23% | 5.14% | 5.05% | 3.40% | 2.68% | 6.08% | 7.57% | 5.36% | 7.87% | 8.33% | 6.95% |
Drawdowns
TDI vs. BEP - Drawdown Comparison
The maximum TDI drawdown since its inception was -14.99%, smaller than the maximum BEP drawdown of -54.26%. Use the drawdown chart below to compare losses from any high point for TDI and BEP.
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Volatility
TDI vs. BEP - Volatility Comparison
The current volatility for Touchstone Dynamic International ETF (TDI) is 2.36%, while Brookfield Renewable Partners L.P. (BEP) has a volatility of 8.53%. This indicates that TDI experiences smaller price fluctuations and is considered to be less risky than BEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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