HCXY vs AQN

Comparison between Hercules Capital Inc (HCXY, Company) and Algonquin Power & Utilities Corp (AQN, Company).

HCXY is from the Financials sector, while AQN is from the Utilities sector.

5-Year PerformanceHCXY has outperformed AQN, delivering a return of +4.9% compared to -12.7%

HCXY vs AQN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HCXY(COMPANY)	AQN(COMPANY)
Market Cap	$4.56B	$4.53B
Max Drawdown	34.76%	75.93%
Sharpe Ratio	0.21	0.34
5Y Beta	-0.02	0.50
Industry	Investment Banking & Investment Services	Utilities - Diversified
P/E Ratio	13.27	25.05
Forward P/E	N/A	16.10
PEG Ratio	0.76	N/A
Dividend Yield	5.01%	4.51%
5Y Dividends CAGR	4.56%	-12.13%
5Y EPS CAGR	N/A	-9.80%
Debt to Equity	103.18%	140.76%
Free Cash Flow Yield	-9.35%	13.11%

Market Cap

Winner

HCXY

$4.56B

AQN

$4.53B

Max Drawdown

Winner

HCXY

34.76%

AQN

75.93%

Sharpe Ratio

HCXY

0.21

Winner

AQN

0.34

5Y Beta

Winner

HCXY

-0.02

AQN

0.50

Industry

HCXY

Investment Banking & Investment Services

AQN

Utilities - Diversified

P/E Ratio

Winner

HCXY

13.27

AQN

25.05

Forward P/E

HCXY

N/A

AQN

16.10

PEG Ratio

HCXY

0.76

AQN

N/A

Dividend Yield

Winner

HCXY

5.01%

AQN

4.51%

5Y Dividends CAGR

Winner

HCXY

4.56%

AQN

-12.13%

5Y EPS CAGR

HCXY

N/A

AQN

-9.80%

Debt to Equity

Winner

HCXY

103.18%

AQN

140.76%

Free Cash Flow Yield

HCXY

-9.35%

Winner

AQN

13.11%

HCXY vs AQN - Historical Returns

Returns include dividend reinvestment.

Period	HCXY	AQN
1 month	-1.04%	-4.68%
3 months	-0.67%	-10.86%
6 months	+1.15%	+1.27%
1 year	+5.46%	+12.73%
5 years(CAGR)	+4.85%	-12.74%
10 years(CAGR)	N/A	+1.26%
Max(CAGR)	+6.70%	+8.78%

Winner

HCXY

-1.04%

AQN

-4.68%

Winner

HCXY

-0.67%

AQN

-10.86%

HCXY

+1.15%

Winner

AQN

+1.27%

HCXY

+5.46%

Winner

AQN

+12.73%

5Y(CAGR)

Winner

HCXY

+4.85%

AQN

-12.74%

10Y(CAGR)

HCXY

N/A

AQN

+1.26%

Max(CAGR)

HCXY

+6.70%

Winner

AQN

+8.78%

HCXY vs AQN - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	HCXY	AQN
2026	-0.20%	-2.41%
2025	+7.15%	+41.89%
2024	+6.06%	-26.60%
2023	+11.82%	-0.32%
2022	-2.14%	-51.42%
2021	+4.59%	-7.04%
2020	+7.89%	+22.42%
2019	+19.30%	+48.35%
2018	-2.28%	-4.96%
2017	N/A	+39.71%
2016	N/A	+15.29%
2015	N/A	+0.44%
2014	N/A	+26.60%
2013	N/A	-0.20%
2012	N/A	+14.24%
2011	N/A	+31.89%
2010	N/A	+34.05%
2009	N/A	+16.77%

HCXY vs AQN Drawdown Comparison

The maximum drawdown for HCXY was -34.76%, occurring on Mar 20, 2020. Recovery took 146 trading sessions.

The maximum drawdown for AQN was -69.78%, occurring on Dec 19, 2024. This drawdown has not yet recovered.

The current HCXY drawdown is -1.84%. The current AQN drawdown is -55.49%.

Rank	HCXY	AQN
#1	-34.76% Feb 26, 2020 - Sep 23, 2020	-69.78% Feb 11, 2021 - Dec 19, 2024
#2	-15.28% Oct 14, 2021 - Jan 13, 2023	-42.85% Feb 21, 2020 - Nov 10, 2020
#3	-11.53% Feb 7, 2023 - Jul 17, 2023	-26.95% May 10, 2013 - Jul 2, 2014
#4	-9.12% Sep 28, 2018 - Jan 4, 2019	-26.12% Mar 17, 2010 - Sep 29, 2010
#5	-7.45% Jul 21, 2023 - Nov 8, 2023	-24.47% Dec 2, 2014 - Feb 2, 2016
#6	-4.21% Jul 22, 2019 - Aug 28, 2019	-19.18% Jul 21, 2011 - Dec 22, 2011
#7	-4.00% Nov 8, 2023 - Dec 22, 2023	-17.49% Aug 18, 2016 - Mar 15, 2017
#8	-3.97% Jul 15, 2021 - Oct 14, 2021	-16.53% Aug 29, 2014 - Nov 7, 2014
#9	-3.91% Jan 14, 2021 - Apr 14, 2021	-14.47% Jan 15, 2010 - Mar 9, 2010
#10	-3.58% Feb 5, 2024 - May 14, 2024	-13.95% Dec 28, 2017 - Dec 7, 2018
#11	-3.58% Oct 22, 2024 - Feb 26, 2025	-12.96% Feb 4, 2016 - Apr 26, 2016
#12	-3.55% Jan 13, 2023 - Feb 7, 2023	-12.53% Mar 2, 2012 - May 3, 2012
#13	-3.42% Sep 9, 2019 - Nov 29, 2019	-10.79% Apr 6, 2011 - May 19, 2011
#14	-3.26% Nov 4, 2020 - Nov 13, 2020	-9.48% Dec 7, 2018 - Jan 24, 2019
#15	-3.20% Feb 18, 2026 - Mar 31, 2026	-8.67% Nov 5, 2010 - Dec 15, 2010

Correlation

Correlation between HCXY and AQN is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101

Dividend Comparison (2009 - 2026)

HCXY vs AQN dividend yield comparison.

Year	HCXY	AQN
2026	3.16%	1.10%
2025	6.13%	4.23%
2024	6.21%	7.80%
2023	6.19%	6.87%
2022	6.35%	10.94%
2021	5.86%	4.62%
2020	5.83%	3.68%
2019	5.93%	3.90%
2018	0.67%	4.99%
2017	0.00%	4.18%
2016	0.00%	4.88%
2015	0.00%	4.78%
2014	0.00%	4.17%
2013	0.00%	4.87%
2012	0.00%	4.30%
2011	0.00%	4.30%
2010	0.00%	4.76%
2009	0.00%	0.52%