EMA vs. CNP
EMA (Emera Inc) and CNP (CenterPoint Energy, Inc.) are both stocks. Both are in the Utilities sector — EMA in Utilities - Regulated Electric, CNP in Utilities - Regulated Gas. Over the past year, EMA returned 20.11% vs 10.76% for CNP. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
EMA vs. CNP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMA achieves a 12.85% return, which is significantly higher than CNP's 10.86% return.
EMA
- 1D
- 0.57%
- 1M
- 1.77%
- 6M
- 10.92%
- YTD
- 12.85%
- 1Y
- 20.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.30%
CNP
- 1D
- -0.26%
- 1M
- -5.76%
- 6M
- 7.09%
- YTD
- 10.86%
- 1Y
- 10.76%
- 3Y*
- 15.48%
- 5Y*
- 13.38%
- 10Y*
- 9.40%
- ALL TIME*
- 4.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $272.22M | $285.72M | $265.49M | |
EMA Emera Inc | $26.94M | $24.90M | $21.84M |
EMA vs. CNP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMA Emera Inc | 12.85% | 11.17% |
CNP CenterPoint Energy, Inc. | 10.86% | 2.77% |
Correlation
The correlation between EMA and CNP is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (All Time) Calculated using the full available price history since May 28, 2025 | 0.51 |
The correlation between EMA and CNP has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.
Fundamentals
EMA:
$16.48B
CNP:
$27.69B
EMA:
CA$3.55
CNP:
$1.69
EMA:
21.30
CNP:
24.81
EMA:
2.66
CNP:
2.88
EMA:
2.50
CNP:
2.39
EMA:
CA$8.59B
CNP:
$9.62B
EMA:
CA$2.83B
CNP:
$5.20B
EMA:
CA$2.56B
CNP:
$3.99B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EMA vs. CNP — Risk / Return Rank
EMA
CNP
EMA vs. CNP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Emera Inc (EMA) and CenterPoint Energy, Inc. (CNP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EMA | CNP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.12 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 1.62 | +1.92 |
| Martin ratioReturn relative to average drawdown | 9.16 | 3.65 | +5.52 |
Loading charts...
Drawdowns
EMA vs. CNP - Drawdown Comparison
The maximum EMA drawdown since its inception was -5.93%, smaller than the maximum CNP drawdown of -89.94%. Use the drawdown chart below to compare losses from any high point for EMA and CNP.
Loading charts...
Drawdown Indicators
| EMA | CNP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.93% | -89.94% | +84.01% |
Max Drawdown (1Y)Largest decline over 1 year | -5.93% | -6.67% | +0.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.81% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.80% | — |
Current DrawdownCurrent decline from peak | -1.26% | -6.66% | +5.40% |
Average DrawdownAverage peak-to-trough decline | -1.72% | -32.26% | +30.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 2.95% | -0.67% |
Volatility
EMA vs. CNP - Volatility Comparison
The current volatility for Emera Inc (EMA) is 5.16%, while CenterPoint Energy, Inc. (CNP) has a volatility of 6.54%. This indicates that EMA experiences smaller price fluctuations and is considered to be less risky than CNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMA | CNP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 6.54% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 10.98% | 13.38% | -2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.15% | 16.60% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 19.76% | -5.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.11% | 25.92% | -11.81% |
Dividends
EMA vs. CNP - Dividend Comparison
EMA's dividend yield for the trailing twelve months is around 4.92%, more than CNP's 2.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNP CenterPoint Energy, Inc. | 2.14% | 2.30% | 2.55% | 2.70% | 2.33% | 2.33% | 3.42% | 4.22% | 3.93% | 3.77% | 4.18% | 5.39% |
EMA Emera Inc | 3.95% | 2.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
EMA vs. CNP - Financials Comparison
This section allows you to compare key financial metrics between Emera Inc and CenterPoint Energy, 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
EMA vs. CNP - Profitability Comparison
EMA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Emera Inc reported a gross profit of 756.95M and revenue of 2.48B. Therefore, the gross margin over that period was 30.5%.
CNP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CenterPoint Energy, Inc. reported a gross profit of 1.87B and revenue of 2.15B. Therefore, the gross margin over that period was 86.9%.
EMA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Emera Inc reported an operating income of 626.62M and revenue of 2.48B, resulting in an operating margin of 25.3%.
CNP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CenterPoint Energy, Inc. reported an operating income of 534.00M and revenue of 2.15B, resulting in an operating margin of 24.8%.
EMA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Emera Inc reported a net income of 583.50M and revenue of 2.48B, resulting in a net margin of 23.5%.
CNP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CenterPoint Energy, Inc. reported a net income of 244.00M and revenue of 2.15B, resulting in a net margin of 11.3%.
Frequently Asked Questions
EMA and CNP have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CNP has higher volatility (6.54%) compared to EMA (5.16%). In terms of maximum drawdown, EMA dropped -5.93% vs CNP's -89.94%.
EMA currently has the higher Sharpe Ratio (1.48 vs 0.65), 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.
Find the right allocation for EMA and CNP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer