CWEN vs. ENB
Compare and contrast key facts about Clearway Energy, Inc. (CWEN) and Enbridge Inc. (ENB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWEN or ENB.
Correlation
The correlation between CWEN and ENB is 0.35, 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.
Performance
CWEN vs. ENB - Performance Comparison
Key characteristics
CWEN:
1.04
ENB:
2.17
CWEN:
1.57
ENB:
2.98
CWEN:
1.20
ENB:
1.37
CWEN:
0.70
ENB:
1.50
CWEN:
3.53
ENB:
11.18
CWEN:
8.83%
ENB:
2.90%
CWEN:
30.00%
ENB:
14.99%
CWEN:
-58.71%
ENB:
-46.35%
CWEN:
-24.79%
ENB:
-4.71%
Fundamentals
CWEN:
$5.39B
ENB:
$93.11B
CWEN:
$0.75
ENB:
$1.63
CWEN:
36.31
ENB:
26.18
CWEN:
1.51
ENB:
2.11
CWEN:
$1.44B
ENB:
$53.47B
CWEN:
$421.00M
ENB:
$19.33B
CWEN:
$828.00M
ENB:
$16.99B
Returns By Period
In the year-to-date period, CWEN achieves a 4.73% return, which is significantly higher than ENB's 2.07% return.
CWEN
4.73%
5.01%
-3.16%
29.31%
9.63%
N/A
ENB
2.07%
0.16%
9.44%
30.85%
9.19%
5.15%
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Risk-Adjusted Performance
CWEN vs. ENB — Risk-Adjusted Performance Rank
CWEN
ENB
CWEN vs. ENB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clearway Energy, Inc. (CWEN) 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.
Dividends
CWEN vs. ENB - Dividend Comparison
CWEN's dividend yield for the trailing twelve months is around 4.59%, less than ENB's 6.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWEN Clearway Energy, Inc. | 4.59% | 6.36% | 5.62% | 4.48% | 3.69% | 3.29% | 4.01% | 7.29% | 5.81% | 5.98% | 4.23% | 0.00% |
ENB Enbridge Inc. | 6.22% | 6.28% | 7.29% | 6.78% | 6.86% | 7.54% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% |
Drawdowns
CWEN vs. ENB - Drawdown Comparison
The maximum CWEN drawdown since its inception was -58.71%, which is greater than ENB's maximum drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for CWEN and ENB. For additional features, visit the drawdowns tool.
Volatility
CWEN vs. ENB - Volatility Comparison
Clearway Energy, Inc. (CWEN) and Enbridge Inc. (ENB) have volatilities of 6.55% and 6.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CWEN vs. ENB - Financials Comparison
This section allows you to compare key financial metrics between Clearway Energy, Inc. 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