EDN vs. ARX.TO
EDN (Empresa Distribuidora y Comercializadora Norte Sociedad Anónima) and ARX.TO (ARC Resources Ltd.) are both stocks. EDN operates in Utilities - Regulated Electric (Utilities), while ARX.TO operates in Oil & Gas E&P (Energy). Over the past 10 years, EDN returned 5.61%/yr vs 7.22%/yr for ARX.TO. At a 0.16 correlation, their price movements are largely independent.
Performance
EDN vs. ARX.TO - Performance Comparison
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Different Trading Currencies
EDN is traded in USD, while ARX.TO is traded in CAD. To make them comparable, the ARX.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EDN achieves a -10.81% return, which is significantly lower than ARX.TO's 23.46% return. Over the past 10 years, EDN has underperformed ARX.TO with an annualized return of 5.61%, while ARX.TO has yielded a comparatively higher 7.22% annualized return.
EDN
- 1D
- -2.73%
- 1M
- 9.82%
- YTD
- -10.81%
- 6M
- -24.92%
- 1Y
- -17.61%
- 3Y*
- 35.67%
- 5Y*
- 44.10%
- 10Y*
- 5.61%
ARX.TO
- 1D
- -0.53%
- 1M
- -1.50%
- YTD
- 23.46%
- 6M
- 24.25%
- 1Y
- 9.60%
- 3Y*
- 26.18%
- 5Y*
- 27.90%
- 10Y*
- 7.22%
EDN vs. ARX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | -10.81% | -30.18% | 121.53% | 142.43% | 50.75% | 25.00% | -32.27% | -76.87% | -45.55% | 78.46% |
ARX.TO ARC Resources Ltd. | 23.46% | 6.52% | 25.69% | 14.30% | 52.37% | 98.55% | -21.05% | 15.07% | -46.85% | -29.37% |
Correlation
The correlation between EDN and ARX.TO is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since May 6, 2009 | 0.16 |
Fundamentals
EDN:
$1.17B
ARX.TO:
CA$18.20B
EDN:
$7.34K
ARX.TO:
CA$2.52
EDN:
0.00
ARX.TO:
12.69
EDN:
0.00
ARX.TO:
0.36
EDN:
0.00
ARX.TO:
2.81
EDN:
0.00
ARX.TO:
2.11
EDN:
$3.20T
ARX.TO:
CA$6.56B
EDN:
$785.01B
ARX.TO:
CA$2.75B
EDN:
$981.10B
ARX.TO:
CA$3.64B
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Return for Risk
EDN vs. ARX.TO — Risk / Return Rank
EDN
ARX.TO
EDN vs. ARX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) and ARC Resources Ltd. (ARX.TO). 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.
| EDN | ARX.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.22 | 0.27 | -0.49 |
Sortino ratioReturn per unit of downside risk | 0.24 | 0.68 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.09 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | -0.33 | 0.38 | -0.71 |
Martin ratioReturn relative to average drawdown | -0.69 | 0.61 | -1.30 |
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
| EDN | ARX.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.22 | 0.27 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.71 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.17 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.19 | -0.15 |
Drawdowns
EDN vs. ARX.TO - Drawdown Comparison
The maximum EDN drawdown since its inception was -95.48%, roughly equal to the maximum ARX.TO drawdown of -91.66%. Use the drawdown chart below to compare losses from any high point for EDN and ARX.TO.
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Drawdown Indicators
| EDN | ARX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.48% | -91.66% | -3.82% |
Max Drawdown (1Y)Largest decline over 1 year | -53.34% | -25.40% | -27.94% |
Max Drawdown (3Y)Largest decline over 3 years | -69.51% | -25.40% | -44.11% |
Max Drawdown (5Y)Largest decline over 5 years | -69.51% | -38.35% | -31.16% |
Max Drawdown (10Y)Largest decline over 10 years | -95.48% | -87.74% | -7.74% |
Current DrawdownCurrent decline from peak | -57.28% | -3.03% | -54.25% |
Average DrawdownAverage peak-to-trough decline | -61.83% | -33.48% | -28.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.82% | 15.65% | +10.17% |
Volatility
EDN vs. ARX.TO - Volatility Comparison
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) has a higher volatility of 17.83% compared to ARC Resources Ltd. (ARX.TO) at 6.25%. This indicates that EDN's price experiences larger fluctuations and is considered to be riskier than ARX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDN | ARX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.83% | 6.25% | +11.58% |
Volatility (6M)Calculated over the trailing 6-month period | 38.87% | 30.37% | +8.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.44% | 36.23% | +44.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.82% | 39.35% | +29.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.90% | 43.11% | +21.79% |
Dividends
EDN vs. ARX.TO - Dividend Comparison
EDN has not paid dividends to shareholders, while ARX.TO's dividend yield for the trailing twelve months is around 2.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARX.TO ARC Resources Ltd. | 2.50% | 3.03% | 2.69% | 3.36% | 2.68% | 2.49% | 5.00% | 7.33% | 7.41% | 4.07% | 2.81% | 7.19% |
EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
EDN vs. ARX.TO - Financials Comparison
This section allows you to compare key financial metrics between Empresa Distribuidora y Comercializadora Norte Sociedad Anónima and ARC Resources Ltd.. 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
EDN vs. ARX.TO - Profitability Comparison
EDN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima reported a gross profit of 235.83B and revenue of 846.71B. Therefore, the gross margin over that period was 27.9%.
ARX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ARC Resources Ltd. reported a gross profit of 1.11B and revenue of 2.12B. Therefore, the gross margin over that period was 52.6%.
EDN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima reported an operating income of 134.36B and revenue of 846.71B, resulting in an operating margin of 15.9%.
ARX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ARC Resources Ltd. reported an operating income of 663.70M and revenue of 2.12B, resulting in an operating margin of 31.4%.
EDN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima reported a net income of 117.85B and revenue of 846.71B, resulting in a net margin of 13.9%.
ARX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ARC Resources Ltd. reported a net income of 584.30M and revenue of 2.12B, resulting in a net margin of 27.6%.
Frequently Asked Questions
EDN and ARX.TO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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