ENB-PP.TO vs. HES
ENB-PP.TO (Enbridge Inc.) and HES (Hess Corporation) are both stocks. Both are in the Energy sector — ENB-PP.TO in Oil & Gas Midstream, HES in Oil & Gas E&P. At a 0.16 correlation, their price movements are largely independent.
Performance
ENB-PP.TO vs. HES - Performance Comparison
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Different Trading Currencies
ENB-PP.TO is traded in CAD, while HES is traded in USD. To make them comparable, the HES values have been converted to CAD using the latest available exchange rates.
Returns By Period
ENB-PP.TO
- 1D
- 0.25%
- 1M
- -0.91%
- YTD
- 9.81%
- 6M
- 11.64%
- 1Y
- 25.24%
- 3Y*
- 22.41%
- 5Y*
- 11.21%
- 10Y*
- 11.49%
HES
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENB-PP.TO vs. HES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENB-PP.TO Enbridge Inc. | 9.81% | 19.26% | 30.47% | 14.74% | -17.62% | 44.79% | -3.99% | 6.63% | -15.91% | 19.44% |
HES Hess Corporation | 0.00% | 7.95% | 1.43% | 0.45% | 106.32% | 42.01% | -21.06% | 60.80% | -5.84% | -27.34% |
Correlation
The correlation between ENB-PP.TO and HES is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2012 | 0.16 |
The correlation between ENB-PP.TO and HES shifts across timeframes, from -0.00 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
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Return for Risk
ENB-PP.TO vs. HES — Risk / Return Rank
ENB-PP.TO
HES
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ENB-PP.TO vs. HES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB-PP.TO) and Hess Corporation (HES). 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.
| ENB-PP.TO | HES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.72 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.99 | — | — |
| Martin ratioReturn relative to average drawdown | 25.80 | — | — |
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Drawdowns
ENB-PP.TO vs. HES - Drawdown Comparison
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Drawdown Indicators
| ENB-PP.TO | HES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.40% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -4.25% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -10.83% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.27% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.40% | — | — |
Current DrawdownCurrent decline from peak | -1.31% | — | — |
Average DrawdownAverage peak-to-trough decline | -11.22% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | — | — |
Volatility
ENB-PP.TO vs. HES - Volatility Comparison
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Volatility by Period
| ENB-PP.TO | HES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.63% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.23% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.68% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.34% | — | — |
Dividends
ENB-PP.TO vs. HES - Dividend Comparison
ENB-PP.TO's dividend yield for the trailing twelve months is around 6.15%, while HES has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB-PP.TO Enbridge Inc. | 6.15% | 6.55% | 6.81% | 6.54% | 5.26% | 4.14% | 7.62% | 6.60% | 6.15% | 4.92% | 5.59% | 5.93% |
HES Hess Corporation | 0.34% | 0.67% | 1.41% | 1.21% | 1.06% | 1.35% | 1.89% | 1.50% | 2.47% | 2.11% | 1.61% | 2.06% |
Financials
ENB-PP.TO vs. HES - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and Hess Corporation. 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
Frequently Asked Questions
ENB-PP.TO and HES have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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