XEL vs. BEPC

Last updated Jun 13, 2026

XEL (Xcel Energy Inc.) and BEPC (Brookfield Renewable Corporation) are both stocks. Both are in the Utilities sector — XEL in Utilities - Regulated Electric, BEPC in Utilities - Renewable. Over the past year, XEL returned 19.86% vs 17.48% for BEPC. At a 0.20 correlation, their price movements are largely independent.

Performance

XEL vs. BEPC - Performance Comparison

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

Returns By Period

In the year-to-date period, XEL achieves a 8.05% return, which is significantly higher than BEPC's -3.02% return.

XEL

• 1D: 1.21%
• 1M: -1.01%
• YTD: 8.05%
• 6M: 7.01%
• 1Y: 19.86%
• 3Y*: 11.62%
• 5Y*: 5.95%
• 10Y*: 9.59%

BEPC

• 1D: -3.16%
• 1M: 0.77%
• YTD: -3.02%
• 6M: -4.04%
• 1Y: 17.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XEL vs. BEPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XEL Xcel Energy Inc.	8.05%	13.89%	-0.30%
BEPC Brookfield Renewable Corporation	-3.02%	45.18%	-2.74%

Correlation

The correlation between XEL and BEPC 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 (All Time) Calculated using the full available price history since Dec 24, 2024	0.20

Fundamentals

Market Cap XEL : $49.59B BEPC : $6.66B
EPS XEL : $3.50 BEPC : -$29.65
PS Ratio XEL : 3.20 BEPC : 1.63
Total Revenue (TTM) XEL : $14.78B BEPC : $4.03B
Gross Profit (TTM) XEL : $1.88B BEPC : $1.93B
EBITDA (TTM) XEL : $6.26B BEPC : $563.03M

Return for Risk

XEL vs. BEPC — Risk / Return Rank

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

XEL

XEL Risk / Return Rank: 70
XEL Sharpe Ratio Rank: 73
XEL Sortino Ratio Rank: 68
XEL Omega Ratio Rank: 66
XEL Calmar Ratio Rank: 72
XEL Martin Ratio Rank: 74

BEPC

BEPC Risk / Return Rank: 59
BEPC Sharpe Ratio Rank: 62
BEPC Sortino Ratio Rank: 54
BEPC Omega Ratio Rank: 54
BEPC Calmar Ratio Rank: 63
BEPC Martin Ratio Rank: 63

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.

XEL vs. BEPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xcel Energy Inc. (XEL) 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.

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.

	XEL	BEPC	Difference
Sharpe ratio: Return per unit of total volatility	0.96	0.54	+0.42
Sortino ratio: Return per unit of downside risk	1.53	0.93	+0.60
Omega ratio: Gain probability vs. loss probability	1.19	1.12	+0.06
Calmar ratio: Return relative to maximum drawdown	1.60	0.92	+0.68
Martin ratio: Return relative to average drawdown	4.14	2.16	+1.98

XEL vs. BEPC - Sharpe Ratio Comparison

The current XEL Sharpe Ratio is 0.96, which is higher than the BEPC Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of XEL and BEPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XEL vs. BEPC - Drawdown Comparison

The maximum XEL drawdown since its inception was -80.64%, which is greater than BEPC's maximum drawdown of -19.92%. Use the drawdown chart below to compare losses from any high point for XEL and BEPC.

Drawdown Indicators

	XEL	BEPC	Difference
Max Drawdown Largest peak-to-trough decline	-80.64%	-19.92%	-60.72%
Max Drawdown (1Y) Largest decline over 1 year	-11.50%	-19.92%	+8.42%
Max Drawdown (3Y) Largest decline over 3 years	-24.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.41%	—	—
Current Drawdown Current decline from peak	-4.89%	-16.16%	+11.27%
Average Drawdown Average peak-to-trough decline	-11.32%	-6.36%	-4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	8.48%	-4.03%

Volatility

XEL vs. BEPC - Volatility Comparison

The current volatility for Xcel Energy Inc. (XEL) is 6.90%, while Brookfield Renewable Corporation (BEPC) has a volatility of 8.63%. This indicates that XEL experiences smaller price fluctuations and is considered to be less risky than BEPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XEL	BEPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.90%	8.63%	-1.73%
Volatility (6M) Calculated over the trailing 6-month period	14.38%	26.73%	-12.35%
Volatility (1Y) Calculated over the trailing 1-year period	19.13%	33.73%	-14.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	35.32%	-14.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.69%	35.32%	-13.63%

Dividends

XEL vs. BEPC - Dividend Comparison

XEL's dividend yield for the trailing twelve months is around 2.91%, less than BEPC's 4.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BEPC Brookfield Renewable Corporation	4.19%	3.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XEL Xcel Energy Inc.	2.19%	3.83%	2.43%	3.36%	2.78%	2.70%	2.58%	2.55%	3.09%	2.99%	3.34%	3.56%

Financials

Frequently Asked Questions

Can I hold both XEL and BEPC in my portfolio?

XEL and BEPC 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.

Which is riskier, XEL or BEPC?

BEPC has higher volatility (8.63%) compared to XEL (6.90%). In terms of maximum drawdown, XEL dropped -80.64% vs BEPC's -19.92%.

Which has better risk-adjusted returns?

XEL currently has the higher Sharpe Ratio (0.96 vs 0.54), 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.