EFX.TO vs. NNRG.NEO

Last updated Apr 1, 2026

Compare and contrast key facts about Enerflex Ltd. (EFX.TO) and Ninepoint Energy ETF (NNRG.NEO).

NNRG.NEO is a passively managed fund by Ninepoint that tracks the performance of the S&P/TSX Capped Energy Total Return Index. It was launched on May 11, 2021.

Performance

EFX.TO vs. NNRG.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Enerflex Ltd. (EFX.TO) and Ninepoint Energy ETF (NNRG.NEO). The values are adjusted to include any dividend payments, if applicable.

EFX.TO vs. NNRG.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EFX.TO Enerflex Ltd.	37.72%	49.76%	136.45%	-27.27%	12.93%	1.48%
NNRG.NEO Ninepoint Energy ETF	37.70%	19.14%	13.26%	-4.21%	66.18%	55.91%

Returns By Period

The year-to-date returns for both stocks are quite close, with EFX.TO having a 37.72% return and NNRG.NEO slightly lower at 37.70%.

EFX.TO

• 1D: 1.75%
• 1M: -4.80%
• YTD: 37.72%
• 6M: 94.60%
• 1Y: 164.45%
• 3Y*: 55.39%
• 5Y*: 29.60%
• 10Y*: 13.39%

NNRG.NEO

• 1D: -0.42%
• 1M: 17.91%
• YTD: 37.70%
• 6M: 51.12%
• 1Y: 54.48%
• 3Y*: 22.68%
• 5Y*: —
• 10Y*: —

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

Return for Risk

EFX.TO vs. NNRG.NEO — Risk / Return Rank

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

EFX.TO

EFX.TO Risk / Return Rank: 97
EFX.TO Sharpe Ratio Rank: 98
EFX.TO Sortino Ratio Rank: 96
EFX.TO Omega Ratio Rank: 96
EFX.TO Calmar Ratio Rank: 97
EFX.TO Martin Ratio Rank: 96

NNRG.NEO

NNRG.NEO Risk / Return Rank: 87
NNRG.NEO Sharpe Ratio Rank: 91
NNRG.NEO Sortino Ratio Rank: 88
NNRG.NEO Omega Ratio Rank: 90
NNRG.NEO Calmar Ratio Rank: 87
NNRG.NEO Martin Ratio Rank: 78

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.

EFX.TO vs. NNRG.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enerflex Ltd. (EFX.TO) and Ninepoint Energy ETF (NNRG.NEO). 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.

	EFX.TO	NNRG.NEO	Difference
Sharpe ratio Return per unit of total volatility	3.58	2.03	+1.54
Sortino ratio Return per unit of downside risk	3.66	2.48	+1.18
Omega ratio Gain probability vs. loss probability	1.56	1.38	+0.18
Calmar ratio Return relative to maximum drawdown	7.01	2.78	+4.22
Martin ratio Return relative to average drawdown	18.86	8.52	+10.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EFX.TO vs. NNRG.NEO - Sharpe Ratio Comparison

The current EFX.TO Sharpe Ratio is 3.58, which is higher than the NNRG.NEO Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of EFX.TO and NNRG.NEO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EFX.TO	NNRG.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.58	2.03	+1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	1.07	-0.87

Correlation

The correlation between EFX.TO and NNRG.NEO is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EFX.TO vs. NNRG.NEO - Dividend Comparison

EFX.TO's dividend yield for the trailing twelve months is around 0.56%, more than NNRG.NEO's 0.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFX.TO Enerflex Ltd.	0.56%	0.74%	0.79%	1.63%	1.17%	1.11%	2.67%	3.52%	2.44%	2.28%	1.99%	2.56%
NNRG.NEO Ninepoint Energy ETF	0.54%	0.37%	0.39%	0.38%	9.08%	1.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EFX.TO vs. NNRG.NEO - Drawdown Comparison

The maximum EFX.TO drawdown since its inception was -76.30%, which is greater than NNRG.NEO's maximum drawdown of -35.78%. Use the drawdown chart below to compare losses from any high point for EFX.TO and NNRG.NEO.

Drawdown Indicators

	EFX.TO	NNRG.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-76.30%	-35.78%	-40.52%
Max Drawdown (1Y) Largest decline over 1 year	-23.95%	-20.22%	-3.73%
Max Drawdown (5Y) Largest decline over 5 years	-53.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.30%	—	—
Current Drawdown Current decline from peak	-8.76%	-1.13%	-7.63%
Average Drawdown Average peak-to-trough decline	-32.31%	-9.77%	-22.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.90%	6.61%	+2.29%

Volatility

EFX.TO vs. NNRG.NEO - Volatility Comparison

Enerflex Ltd. (EFX.TO) has a higher volatility of 10.03% compared to Ninepoint Energy ETF (NNRG.NEO) at 5.95%. This indicates that EFX.TO's price experiences larger fluctuations and is considered to be riskier than NNRG.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFX.TO	NNRG.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.03%	5.95%	+4.08%
Volatility (6M) Calculated over the trailing 6-month period	33.21%	15.98%	+17.23%
Volatility (1Y) Calculated over the trailing 1-year period	46.26%	26.95%	+19.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.51%	34.47%	+11.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.14%	34.47%	+10.67%