E.TO vs. CNL

Last updated Jun 5, 2026

E.TO (Enterprise Group, Inc.) and CNL (Collective Mining Ltd) are both stocks. E.TO operates in Oil & Gas Equipment & Services (Energy), while CNL operates in Gold (Basic Materials). At a correlation of -0.03, they often move in opposite directions.

Performance

E.TO vs. CNL - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Enterprise Group, Inc. (E.TO) and Collective Mining Ltd (CNL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

E.TO is traded in CAD, while CNL is traded in USD. To make them comparable, the CNL values have been converted to CAD using the latest available exchange rates.

Returns By Period

E.TO

• 1D: -0.75%
• 1M: -4.35%
• YTD: -7.69%
• 6M: -8.33%
• 1Y: -19.51%
• 3Y*: 43.15%
• 5Y*: 40.63%
• 10Y*: 13.26%

CNL

• 1D: -11.06%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

E.TO vs. CNL - Yearly Performance Comparison

	2026 (YTD)
E.TO Enterprise Group, Inc.	3.12%
CNL Collective Mining Ltd	-7.18%

Correlation

The correlation between E.TO and CNL is -0.03, 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 (All Time) Calculated using the full available price history since May 29, 2026	-0.03

Fundamentals

EPS E.TO : CA$0.04 CNL : -$0.91
Total Revenue (TTM) E.TO : CA$38.03M CNL : $0.00
Gross Profit (TTM) E.TO : CA$11.30M CNL : -$97.50K
EBITDA (TTM) E.TO : CA$12.27M CNL : -$48.35M

Return for Risk

E.TO vs. CNL — Risk / Return Rank

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

E.TO

E.TO Risk / Return Rank: 23
E.TO Sharpe Ratio Rank: 19
E.TO Sortino Ratio Rank: 20
E.TO Omega Ratio Rank: 20
E.TO Calmar Ratio Rank: 26
E.TO Martin Ratio Rank: 28

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.

E.TO vs. CNL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enterprise Group, Inc. (E.TO) and Collective Mining Ltd (CNL). 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.

	E.TO	CNL	Difference
Sharpe ratio: Return per unit of total volatility	-0.51	—	—
Sortino ratio: Return per unit of downside risk	-0.50	—	—
Omega ratio: Gain probability vs. loss probability	0.94	—	—
Calmar ratio: Return relative to maximum drawdown	-0.46	—	—
Martin ratio: Return relative to average drawdown	-0.75	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	E.TO	CNL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.51	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	-0.94	+0.94

Drawdowns

E.TO vs. CNL - Drawdown Comparison

The maximum E.TO drawdown since its inception was -98.61%, which is greater than CNL's maximum drawdown of -16.10%. Use the drawdown chart below to compare losses from any high point for E.TO and CNL.

Drawdown Indicators

	E.TO	CNL	Difference
Max Drawdown Largest peak-to-trough decline	-98.61%	-16.10%	-82.51%
Max Drawdown (1Y) Largest decline over 1 year	-46.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-61.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.28%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-81.67%	—	—
Current Drawdown Current decline from peak	-83.33%	-16.10%	-67.23%
Average Drawdown Average peak-to-trough decline	-85.57%	-4.89%	-80.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.13%	—	—

Volatility

Volatility by Period

	E.TO	CNL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.38%	111.73%	-70.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.60%	111.73%	-56.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.61%	111.73%	-44.12%

Dividends

E.TO vs. CNL - Dividend Comparison

Neither E.TO nor CNL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both E.TO and CNL in my portfolio?

E.TO and CNL have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.