ENB.TO vs. AQN.TO
Compare and contrast key facts about Enbridge Inc. (ENB.TO) and Algonquin Power & Utilities Corp. (AQN.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENB.TO or AQN.TO.
Key characteristics
| ENB.TO | AQN.TO | |
|---|---|---|
| YTD Return | 2.43% | 3.04% |
| 1Y Return | -3.57% | -21.38% |
| 3Y Return (Ann) | 8.30% | -20.60% |
| 5Y Return (Ann) | 6.01% | -6.35% |
| 10Y Return (Ann) | 4.82% | 5.91% |
| Sharpe Ratio | -0.21 | -0.78 |
| Daily Std Dev | 15.91% | 27.88% |
| Max Drawdown | -49.97% | -78.58% |
| Current Drawdown | -9.16% | -54.63% |
Fundamentals
| ENB.TO | AQN.TO | |
|---|---|---|
| Market Cap | CA$101.96B | CA$5.63B |
| EPS | CA$2.84 | CA$0.04 |
| PE Ratio | 16.89 | 204.25 |
| PEG Ratio | 1.72 | 1.41 |
| Revenue (TTM) | CA$43.65B | CA$2.70B |
| Gross Profit (TTM) | CA$20.72B | CA$1.05B |
| EBITDA (TTM) | CA$13.82B | CA$944.79M |
Correlation
The correlation between ENB.TO and AQN.TO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ENB.TO vs. AQN.TO - Performance Comparison
In the year-to-date period, ENB.TO achieves a 2.43% return, which is significantly lower than AQN.TO's 3.04% return. Over the past 10 years, ENB.TO has underperformed AQN.TO with an annualized return of 4.82%, while AQN.TO has yielded a comparatively higher 5.91% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ENB.TO vs. AQN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB.TO) and Algonquin Power & Utilities Corp. (AQN.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.
Dividends
ENB.TO vs. AQN.TO - Dividend Comparison
ENB.TO's dividend yield for the trailing twelve months is around 5.41%, less than AQN.TO's 6.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB.TO Enbridge Inc. | 5.41% | 5.51% | 5.01% | 5.44% | 5.93% | 4.29% | 4.89% | 3.74% | 2.84% | 3.13% | 2.12% | 2.60% |
AQN.TO Algonquin Power & Utilities Corp. | 6.85% | 6.94% | 10.63% | 4.61% | 3.90% | 3.96% | 4.82% | 4.27% | 4.82% | 4.50% | 3.83% | 4.53% |
Drawdowns
ENB.TO vs. AQN.TO - Drawdown Comparison
The maximum ENB.TO drawdown since its inception was -49.97%, smaller than the maximum AQN.TO drawdown of -78.58%. Use the drawdown chart below to compare losses from any high point for ENB.TO and AQN.TO. For additional features, visit the drawdowns tool.
Volatility
ENB.TO vs. AQN.TO - Volatility Comparison
The current volatility for Enbridge Inc. (ENB.TO) is 5.78%, while Algonquin Power & Utilities Corp. (AQN.TO) has a volatility of 9.63%. This indicates that ENB.TO experiences smaller price fluctuations and is considered to be less risky than AQN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ENB.TO vs. AQN.TO - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and Algonquin Power & Utilities Corp.. 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