ENB vs. ^GSPC
Compare and contrast key facts about Enbridge Inc. (ENB) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENB or ^GSPC.
Correlation
The correlation between ENB and ^GSPC is 0.32, 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 vs. ^GSPC - Performance Comparison
Key characteristics
ENB:
1.82
^GSPC:
-0.17
ENB:
2.43
^GSPC:
-0.11
ENB:
1.32
^GSPC:
0.98
ENB:
1.35
^GSPC:
-0.15
ENB:
9.69
^GSPC:
-0.79
ENB:
3.02%
^GSPC:
3.36%
ENB:
16.07%
^GSPC:
15.95%
ENB:
-46.35%
^GSPC:
-56.78%
ENB:
-4.39%
^GSPC:
-17.42%
Returns By Period
In the year-to-date period, ENB achieves a 3.70% return, which is significantly higher than ^GSPC's -13.73% return. Over the past 10 years, ENB has underperformed ^GSPC with an annualized return of 4.71%, while ^GSPC has yielded a comparatively higher 9.37% annualized return.
ENB
3.70%
2.02%
8.75%
29.80%
16.98%
4.71%
^GSPC
-13.73%
-13.15%
-11.77%
-1.42%
15.35%
9.37%
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Risk-Adjusted Performance
ENB vs. ^GSPC — Risk-Adjusted Performance Rank
ENB
^GSPC
ENB vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and S&P 500 (^GSPC). 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.
Drawdowns
ENB vs. ^GSPC - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ENB and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ENB vs. ^GSPC - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 5.86%, while S&P 500 (^GSPC) has a volatility of 9.30%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.