ENB vs. QSR
ENB (Enbridge Inc.) and QSR (Restaurant Brands International Inc.) are both stocks. ENB operates in Oil & Gas Midstream (Energy), while QSR operates in Restaurants (Consumer Cyclical). Over the past 10 years, ENB returned 9.33%/yr vs 8.75%/yr for QSR. At a 0.33 correlation, their price movements are largely independent.
Performance
ENB vs. QSR - Performance Comparison
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Returns By Period
In the year-to-date period, ENB achieves a 20.83% return, which is significantly higher than QSR's 7.43% return. Over the past 10 years, ENB has outperformed QSR with an annualized return of 9.33%, while QSR has yielded a comparatively lower 8.75% annualized return.
ENB
- 1D
- -0.76%
- 1M
- 6.41%
- YTD
- 20.83%
- 6M
- 20.17%
- 1Y
- 27.79%
- 3Y*
- 21.89%
- 5Y*
- 14.70%
- 10Y*
- 9.33%
QSR
- 1D
- 1.16%
- 1M
- -8.84%
- YTD
- 7.43%
- 6M
- 0.56%
- 1Y
- 5.72%
- 3Y*
- 2.34%
- 5Y*
- 4.56%
- 10Y*
- 8.75%
ENB vs. QSR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 20.83% | 19.51% | 26.35% | -1.13% | 6.46% | 30.83% | -13.60% | 36.05% | -15.53% | -2.73% |
QSR Restaurant Brands International Inc. | 7.43% | 8.64% | -13.80% | 24.64% | 10.72% | 2.72% | -0.34% | 25.61% | -12.15% | 30.69% |
Correlation
The correlation between ENB and QSR is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2014 | 0.33 |
Over the past year, the correlation between ENB and QSR has dropped to 0.08 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
ENB:
$4.92
QSR:
$2.09
ENB:
11.44
QSR:
34.81
ENB:
1.34
QSR:
3.47
ENB:
$69.05B
QSR:
$9.59B
ENB:
$15.35B
QSR:
$3.17B
ENB:
$17.09B
QSR:
$2.49B
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Return for Risk
ENB vs. QSR — Risk / Return Rank
ENB
QSR
ENB vs. QSR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and Restaurant Brands International Inc. (QSR). 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.
| ENB | QSR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.06 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 0.42 | +2.54 |
| Martin ratioReturn relative to average drawdown | 7.46 | 0.92 | +6.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ENB | QSR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 0.24 | +1.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.20 | +0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.32 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.34 | +0.19 |
Drawdowns
ENB vs. QSR - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum QSR drawdown of -63.03%. Use the drawdown chart below to compare losses from any high point for ENB and QSR.
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Drawdown Indicators
| ENB | QSR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.35% | -63.03% | +16.68% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -13.29% | +4.19% |
Max Drawdown (3Y)Largest decline over 3 years | -15.78% | -24.53% | +8.75% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -29.27% | +0.95% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | -63.03% | +18.96% |
Current DrawdownCurrent decline from peak | -2.98% | -11.03% | +8.05% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -12.05% | +1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 6.09% | -2.46% |
Volatility
ENB vs. QSR - Volatility Comparison
Enbridge Inc. (ENB) and Restaurant Brands International Inc. (QSR) have volatilities of 5.79% and 5.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENB | QSR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 5.97% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 17.18% | -4.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 23.11% | -6.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.63% | 22.63% | -4.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.33% | 27.52% | -3.19% |
Dividends
ENB vs. QSR - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 4.93%, more than QSR's 3.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 4.93% | 5.66% | 6.28% | 7.31% | 6.80% | 6.85% | 7.55% | 5.58% | 6.68% | 4.71% | 4.13% | 4.71% |
QSR Restaurant Brands International Inc. | 3.45% | 3.63% | 3.56% | 2.82% | 3.34% | 3.49% | 3.40% | 3.14% | 3.44% | 1.27% | 1.30% | 1.18% |
Financials
ENB vs. QSR - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and Restaurant Brands International Inc.. 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. QSR - 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%.
QSR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Restaurant Brands International Inc. reported a gross profit of 0.00 and revenue of 2.26B. Therefore, the gross margin over that period was 0.0%.
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%.
QSR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Restaurant Brands International Inc. reported an operating income of 606.00M and revenue of 2.26B, resulting in an operating margin of 26.8%.
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%.
QSR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Restaurant Brands International Inc. reported a net income of 338.00M and revenue of 2.26B, resulting in a net margin of 14.9%.
Frequently Asked Questions
ENB and QSR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QSR has higher volatility (5.97%) compared to ENB (5.79%). In terms of maximum drawdown, ENB dropped -46.35% vs QSR's -63.03%.
ENB currently has the higher Sharpe Ratio (1.67 vs 0.24), 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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