ENB vs. NVDA
ENB (Enbridge Inc.) and NVDA (NVIDIA Corporation) are both stocks. ENB operates in Oil & Gas Midstream (Energy), while NVDA operates in Semiconductors (Technology). Over the past 10 years, ENB returned 9.68%/yr vs 67.95%/yr for NVDA. At a 0.19 correlation, their price movements are largely independent.
Performance
ENB vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, ENB achieves a 21.23% return, which is significantly higher than NVDA's 10.16% return. Over the past 10 years, ENB has underperformed NVDA with an annualized return of 9.68%, while NVDA has yielded a comparatively higher 67.95% annualized return.
ENB
- 1D
- 0.07%
- 1M
- 1.78%
- YTD
- 21.23%
- 6M
- 21.95%
- 1Y
- 27.81%
- 3Y*
- 22.21%
- 5Y*
- 14.42%
- 10Y*
- 9.68%
NVDA
- 1D
- 0.16%
- 1M
- -12.86%
- YTD
- 10.16%
- 6M
- 17.38%
- 1Y
- 44.72%
- 3Y*
- 71.13%
- 5Y*
- 63.13%
- 10Y*
- 67.95%
ENB vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 21.23% | 19.51% | 26.35% | -1.13% | 6.46% | 30.83% | -13.60% | 36.05% | -15.53% | -2.73% |
NVDA NVIDIA Corporation | 10.16% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between ENB and NVDA is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 1999 | 0.19 |
The correlation between ENB and NVDA shifts across timeframes, from -0.11 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ENB:
$4.92
NVDA:
$6.53
ENB:
11.48
NVDA:
31.44
ENB:
0.53
NVDA:
0.17
ENB:
1.34
NVDA:
19.80
ENB:
$69.05B
NVDA:
$253.49B
ENB:
$15.35B
NVDA:
$187.95B
ENB:
$17.09B
NVDA:
$192.76B
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Return for Risk
ENB vs. NVDA — Risk / Return Rank
ENB
NVDA
ENB vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and NVIDIA Corporation (NVDA). 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 | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.21 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.07 | +0.96 |
| Martin ratioReturn relative to average drawdown | 7.64 | 4.94 | +2.70 |
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Drawdowns
ENB vs. NVDA - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for ENB and NVDA.
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Drawdown Indicators
| ENB | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.35% | -89.72% | +43.37% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -20.21% | +11.11% |
Max Drawdown (3Y)Largest decline over 3 years | -15.29% | -36.88% | +21.59% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -66.34% | +38.02% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | -66.34% | +22.27% |
Current DrawdownCurrent decline from peak | -2.65% | -12.86% | +10.21% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -36.18% | +25.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 8.46% | -4.82% |
Volatility
ENB vs. NVDA - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 5.99%, while NVIDIA Corporation (NVDA) has a volatility of 13.26%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENB | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 13.26% | -7.27% |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | 26.67% | -13.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 35.00% | -18.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.65% | 51.76% | -33.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.33% | 49.84% | -25.51% |
Dividends
ENB vs. NVDA - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 4.91%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 4.91% | 5.66% | 6.28% | 7.31% | 6.80% | 6.85% | 7.55% | 5.58% | 6.68% | 4.71% | 4.13% | 4.71% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
ENB vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and NVIDIA 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
ENB vs. NVDA - Profitability Comparison
ENB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported a gross profit of 0.00 and revenue of 22.36B. Therefore, the gross margin over that period was 0.0%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
ENB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported an operating income of 3.23B and revenue of 22.36B, resulting in an operating margin of 14.4%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
ENB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported a net income of 2.95B and revenue of 22.36B, resulting in a net margin of 13.2%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
ENB and NVDA have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDA has higher volatility (13.26%) compared to ENB (5.99%). In terms of maximum drawdown, ENB dropped -46.35% vs NVDA's -89.72%.
ENB currently has the higher Sharpe Ratio (1.71 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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