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
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Key characteristics
ENB:
1.80
^GSPC:
0.64
ENB:
2.29
^GSPC:
1.09
ENB:
1.31
^GSPC:
1.16
ENB:
1.81
^GSPC:
0.72
ENB:
9.51
^GSPC:
2.74
ENB:
3.05%
^GSPC:
4.95%
ENB:
16.75%
^GSPC:
19.62%
ENB:
-46.35%
^GSPC:
-56.78%
ENB:
-2.82%
^GSPC:
-3.02%
Returns By Period
In the year-to-date period, ENB achieves a 8.94% return, which is significantly higher than ^GSPC's 1.30% return. Over the past 10 years, ENB has underperformed ^GSPC with an annualized return of 5.00%, while ^GSPC has yielded a comparatively higher 10.87% annualized return.
ENB
8.94%
2.18%
9.58%
29.87%
15.15%
5.00%
^GSPC
1.30%
12.94%
1.49%
12.48%
15.82%
10.87%
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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.
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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.
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Volatility
ENB vs. ^GSPC - Volatility Comparison
Enbridge Inc. (ENB) has a higher volatility of 5.80% compared to S&P 500 (^GSPC) at 5.42%. This indicates that ENB's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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