EMA vs. FTS.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Emera Inc (EMA) and Fortis Inc. (FTS.TO).

Performance

EMA vs. FTS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Emera Inc (EMA) and Fortis Inc. (FTS.TO). The values are adjusted to include any dividend payments, if applicable.

EMA vs. FTS.TO - Yearly Performance Comparison

	2026 (YTD)	2025
EMA Emera Inc	6.49%	12.99%
FTS.TO Fortis Inc.	8.26%	10.50%

Different Trading Currencies

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

Fundamentals

Market Cap EMA : $15.65B FTS.TO : CA$39.32B
EPS EMA : $3.62 FTS.TO : CA$3.56
PE Ratio EMA : 14.31 FTS.TO : 21.78
PEG Ratio EMA : 0.45 FTS.TO : 3.17
PS Ratio EMA : 1.77 FTS.TO : 3.22
PB Ratio EMA : 1.31 FTS.TO : 1.77
Total Revenue (TTM) EMA : $8.79B FTS.TO : CA$12.17B
Gross Profit (TTM) EMA : $3.43B FTS.TO : CA$4.52B
EBITDA (TTM) EMA : $3.07B FTS.TO : CA$5.89B

Returns By Period

In the year-to-date period, EMA achieves a 6.49% return, which is significantly lower than FTS.TO's 8.26% return.

EMA

• 1D: 0.08%
• 1M: -0.33%
• YTD: 6.49%
• 6M: 10.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTS.TO

• 1D: -0.47%
• 1M: -2.93%
• YTD: 8.26%
• 6M: 11.97%
• 1Y: 26.89%
• 3Y*: 13.87%
• 5Y*: 9.27%
• 10Y*: 10.01%

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

Return for Risk

EMA vs. FTS.TO — Risk / Return Rank

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

FTS.TO

FTS.TO Risk / Return Rank: 87
FTS.TO Sharpe Ratio Rank: 88
FTS.TO Sortino Ratio Rank: 86
FTS.TO Omega Ratio Rank: 82
FTS.TO Calmar Ratio Rank: 90
FTS.TO Martin Ratio Rank: 86

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.

EMA vs. FTS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Emera Inc (EMA) and Fortis Inc. (FTS.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EMA	FTS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.86	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.81	0.53	+1.28

Correlation

The correlation between EMA and FTS.TO is 0.66, 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

EMA vs. FTS.TO - Dividend Comparison

EMA's dividend yield for the trailing twelve months is around 3.06%, less than FTS.TO's 3.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMA Emera Inc	3.06%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTS.TO Fortis Inc.	3.23%	3.48%	3.99%	4.19%	4.01%	3.36%	3.73%	3.39%	3.79%	3.52%	3.68%	3.73%

Drawdowns

EMA vs. FTS.TO - Drawdown Comparison

The maximum EMA drawdown since its inception was -5.93%, smaller than the maximum FTS.TO drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for EMA and FTS.TO.

Drawdown Indicators

	EMA	FTS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-5.93%	-35.48%	+29.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.27%	—
Current Drawdown Current decline from peak	-3.37%	-3.11%	-0.26%
Average Drawdown Average peak-to-trough decline	-1.68%	-6.54%	+4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.99%	—

Volatility

Volatility by Period

	EMA	FTS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.66%	14.52%	-0.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.66%	16.00%	-2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.66%	18.92%	-5.26%

Financials

EMA vs. FTS.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Emera Inc and Fortis Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EMA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Emera Inc reported a gross profit of 334.73M and revenue of 2.02B. Therefore, the gross margin over that period was 16.6%.

FTS.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fortis Inc. reported a gross profit of 868.00M and revenue of 3.08B. Therefore, the gross margin over that period was 28.2%.

EMA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Emera Inc reported an operating income of 212.83M and revenue of 2.02B, resulting in an operating margin of 10.6%.

FTS.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fortis Inc. reported an operating income of 868.00M and revenue of 3.08B, resulting in an operating margin of 28.2%.

EMA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Emera Inc reported a net income of 86.93M and revenue of 2.02B, resulting in a net margin of 4.3%.

FTS.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fortis Inc. reported a net income of 444.00M and revenue of 3.08B, resulting in a net margin of 14.4%.