ENB vs. ET
Compare and contrast key facts about Enbridge Inc. (ENB) and Energy Transfer LP (ET).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENB or ET.
Correlation
The correlation between ENB and ET is 0.42, 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.
Performance
ENB vs. ET - Performance Comparison
Key characteristics
ENB:
1.49
ET:
2.54
ENB:
2.17
ET:
3.58
ENB:
1.26
ET:
1.45
ENB:
1.00
ET:
2.14
ENB:
6.64
ET:
19.73
ENB:
3.25%
ET:
2.17%
ENB:
14.45%
ET:
16.86%
ENB:
-46.35%
ET:
-87.81%
ENB:
-7.31%
ET:
-8.01%
Fundamentals
ENB:
$90.39B
ET:
$63.82B
ENB:
$2.07
ET:
$1.36
ENB:
20.00
ET:
13.71
ENB:
1.72
ET:
0.66
ENB:
$48.49B
ET:
$83.66B
ENB:
$18.67B
ET:
$12.71B
ENB:
$17.99B
ET:
$14.83B
Returns By Period
In the year-to-date period, ENB achieves a 21.23% return, which is significantly lower than ET's 43.51% return. Both investments have delivered pretty close results over the past 10 years, with ENB having a 3.89% annualized return and ET not far ahead at 3.91%.
ENB
21.23%
-5.28%
20.99%
23.53%
7.81%
3.89%
ET
43.51%
1.73%
20.95%
44.35%
17.23%
3.91%
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Risk-Adjusted Performance
ENB vs. ET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and Energy Transfer LP (ET). 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 vs. ET - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 6.54%, less than ET's 6.98% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Enbridge Inc. | 6.54% | 7.29% | 6.79% | 6.86% | 7.56% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% | 2.82% |
Energy Transfer LP | 6.98% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% | 2.61% | 3.19% |
Drawdowns
ENB vs. ET - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum ET drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for ENB and ET. For additional features, visit the drawdowns tool.
Volatility
ENB vs. ET - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 4.33%, while Energy Transfer LP (ET) has a volatility of 7.57%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ENB vs. ET - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and Energy Transfer LP. 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