AXAHY vs. ENB
AXAHY (Axa SA ADR) and ENB (Enbridge Inc.) are both stocks. AXAHY operates in Insurance - Diversified (Financial Services), while ENB operates in Oil & Gas Midstream (Energy). Over the past 10 years, AXAHY returned 12.27%/yr vs 9.66%/yr for ENB. At a 0.30 correlation, their price movements are largely independent.
Performance
AXAHY vs. ENB - Performance Comparison
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Returns By Period
In the year-to-date period, AXAHY achieves a -0.47% return, which is significantly lower than ENB's 19.75% return. Over the past 10 years, AXAHY has outperformed ENB with an annualized return of 12.27%, while ENB has yielded a comparatively lower 9.66% annualized return.
AXAHY
- 1D
- -2.15%
- 1M
- 1.58%
- YTD
- -0.47%
- 6M
- 7.12%
- 1Y
- -0.86%
- 3Y*
- 22.24%
- 5Y*
- 16.68%
- 10Y*
- 12.27%
ENB
- 1D
- -0.91%
- 1M
- 3.29%
- YTD
- 19.75%
- 6M
- 19.95%
- 1Y
- 25.18%
- 3Y*
- 21.79%
- 5Y*
- 14.50%
- 10Y*
- 9.66%
AXAHY vs. ENB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXAHY Axa SA ADR | -0.47% | 42.15% | 15.60% | 24.26% | -0.12% | 32.10% | -11.41% | 39.57% | -23.77% | 23.28% |
ENB Enbridge Inc. | 19.75% | 19.51% | 26.35% | -1.13% | 6.46% | 30.83% | -13.60% | 36.05% | -15.53% | -2.73% |
Correlation
The correlation between AXAHY and ENB is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 1996 | 0.30 |
Over the past year, the correlation between AXAHY and ENB has dropped to 0.07 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
AXAHY:
$8.43
ENB:
$4.92
AXAHY:
5.35
ENB:
11.34
AXAHY:
0.36
ENB:
0.52
AXAHY:
0.46
ENB:
1.33
AXAHY:
$206.92B
ENB:
$69.05B
AXAHY:
$198.36B
ENB:
$15.35B
AXAHY:
$21.17B
ENB:
$17.09B
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Return for Risk
AXAHY vs. ENB — Risk / Return Rank
AXAHY
ENB
AXAHY vs. ENB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axa SA ADR (AXAHY) and Enbridge Inc. (ENB). 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.
| AXAHY | ENB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.04 | 1.57 | -1.62 |
Sortino ratioReturn per unit of downside risk | 0.09 | 2.27 | -2.18 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.27 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | -0.06 | 2.78 | -2.84 |
Martin ratioReturn relative to average drawdown | -0.11 | 6.97 | -7.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AXAHY | ENB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.04 | 1.57 | -1.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.78 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.40 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.53 | -0.38 |
Drawdowns
AXAHY vs. ENB - Drawdown Comparison
The maximum AXAHY drawdown since its inception was -89.17%, which is greater than ENB's maximum drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for AXAHY and ENB.
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Drawdown Indicators
| AXAHY | ENB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.17% | -46.35% | -42.82% |
Max Drawdown (1Y)Largest decline over 1 year | -15.11% | -9.10% | -6.01% |
Max Drawdown (3Y)Largest decline over 3 years | -16.44% | -16.40% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -32.38% | -28.32% | -4.06% |
Max Drawdown (10Y)Largest decline over 10 years | -56.26% | -44.07% | -12.19% |
Current DrawdownCurrent decline from peak | -5.79% | -3.84% | -1.95% |
Average DrawdownAverage peak-to-trough decline | -43.12% | -10.83% | -32.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.93% | 3.69% | +4.24% |
Volatility
AXAHY vs. ENB - Volatility Comparison
Axa SA ADR (AXAHY) has a higher volatility of 7.86% compared to Enbridge Inc. (ENB) at 5.73%. This indicates that AXAHY's price experiences larger fluctuations and is considered to be riskier than ENB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXAHY | ENB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 5.73% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 15.48% | 12.90% | +2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.28% | 16.06% | +5.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.11% | 18.62% | +5.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.22% | 24.34% | +3.88% |
Dividends
AXAHY vs. ENB - Dividend Comparison
AXAHY's dividend yield for the trailing twelve months is around 6.02%, more than ENB's 4.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXAHY Axa SA ADR | 6.02% | 5.10% | 5.91% | 5.50% | 6.00% | 5.70% | 3.45% | 5.36% | 7.26% | 4.26% | 4.96% | 3.90% |
ENB Enbridge Inc. | 4.97% | 5.66% | 6.28% | 7.31% | 6.80% | 6.85% | 7.55% | 5.58% | 6.68% | 4.71% | 4.13% | 4.71% |
Financials
AXAHY vs. ENB - Financials Comparison
This section allows you to compare key financial metrics between Axa SA ADR and Enbridge Inc.. 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
AXAHY vs. ENB - Profitability Comparison
AXAHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported a gross profit of 70.40B and revenue of 70.40B. Therefore, the gross margin over that period was 100.0%.
ENB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported a gross profit of 0.00 and revenue of 22.36B. Therefore, the gross margin over that period was 0.0%.
AXAHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported an operating income of 0.00 and revenue of 70.40B, resulting in an operating margin of 0.0%.
ENB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported an operating income of 3.23B and revenue of 22.36B, resulting in an operating margin of 14.4%.
AXAHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axa SA ADR reported a net income of 5.86B and revenue of 70.40B, resulting in a net margin of 8.3%.
ENB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported a net income of 2.95B and revenue of 22.36B, resulting in a net margin of 13.2%.
Frequently Asked Questions
AXAHY and ENB have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXAHY has higher volatility (7.86%) compared to ENB (5.73%). In terms of maximum drawdown, AXAHY dropped -89.17% vs ENB's -46.35%.
ENB currently has the higher Sharpe Ratio (1.57 vs -0.04), 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.
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