ENB vs. TF.TO
ENB (Enbridge Inc.) and TF.TO (Timbercreek Financial Corp.) are both stocks. ENB operates in Oil & Gas Midstream (Energy), while TF.TO operates in Mortgage Finance (Financial Services). Over the past 5 years, ENB returned 14.42%/yr vs -1.21%/yr for TF.TO. At a 0.24 correlation, their price movements are largely independent.
Performance
ENB vs. TF.TO - Performance Comparison
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Different Trading Currencies
ENB is traded in USD, while TF.TO is traded in CAD. To make them comparable, the TF.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ENB achieves a 21.23% return, which is significantly higher than TF.TO's -1.57% return.
ENB
- 1D
- 0.07%
- 1M
- 3.68%
- YTD
- 21.23%
- 6M
- 21.95%
- 1Y
- 27.43%
- 3Y*
- 22.21%
- 5Y*
- 14.42%
- 10Y*
- 9.68%
TF.TO
- 1D
- 0.94%
- 1M
- 1.56%
- YTD
- -1.57%
- 6M
- 0.28%
- 1Y
- -5.58%
- 3Y*
- 4.15%
- 5Y*
- -1.21%
- 10Y*
- —
ENB vs. TF.TO - 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% |
TF.TO Timbercreek Financial Corp. | -1.57% | 11.68% | 7.02% | 5.71% | -24.41% | 19.65% | -3.15% | 27.25% | -9.56% | 27.32% |
Correlation
The correlation between ENB and TF.TO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2016 | 0.24 |
The correlation between ENB and TF.TO shifts across timeframes, from 0.10 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ENB:
$4.92
TF.TO:
CA$0.36
ENB:
11.48
TF.TO:
18.15
ENB:
0.53
TF.TO:
0.84
ENB:
1.34
TF.TO:
3.74
ENB:
$69.05B
TF.TO:
CA$145.73M
ENB:
$15.35B
TF.TO:
CA$79.48M
ENB:
$17.09B
TF.TO:
CA$55.87M
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Return for Risk
ENB vs. TF.TO — Risk / Return Rank
ENB
TF.TO
ENB vs. TF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and Timbercreek Financial Corp. (TF.TO). 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 | TF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.06 | ||
| Sortino ratioReturn per unit of downside risk | +2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.95 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | -0.30 | +3.33 |
| Martin ratioReturn relative to average drawdown | 7.64 | -0.71 | +8.35 |
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Drawdowns
ENB vs. TF.TO - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, roughly equal to the maximum TF.TO drawdown of -45.42%. Use the drawdown chart below to compare losses from any high point for ENB and TF.TO.
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Drawdown Indicators
| ENB | TF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.35% | -45.42% | -0.93% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -18.58% | +9.48% |
Max Drawdown (3Y)Largest decline over 3 years | -15.29% | -26.64% | +11.35% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -37.57% | +9.25% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | — | — |
Current DrawdownCurrent decline from peak | -2.65% | -10.19% | +7.54% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -9.16% | -1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 7.89% | -4.25% |
Volatility
ENB vs. TF.TO - Volatility Comparison
Enbridge Inc. (ENB) has a higher volatility of 5.99% compared to Timbercreek Financial Corp. (TF.TO) at 3.54%. This indicates that ENB's price experiences larger fluctuations and is considered to be riskier than TF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENB | TF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 3.54% | +2.45% |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | 12.08% | +0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 16.24% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.65% | 19.52% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.33% | 20.42% | +3.91% |
Dividends
ENB vs. TF.TO - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 4.91%, less than TF.TO's 10.47% 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% |
TF.TO Timbercreek Financial Corp. | 10.47% | 10.09% | 9.76% | 10.35% | 9.76% | 7.18% | 7.99% | 6.95% | 7.89% | 7.12% | 3.92% | 0.00% |
Financials
ENB vs. TF.TO - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and Timbercreek Financial Corp.. 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. TF.TO - 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%.
TF.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Timbercreek Financial Corp. reported a gross profit of 22.05M and revenue of 39.10M. Therefore, the gross margin over that period was 56.4%.
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%.
TF.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Timbercreek Financial Corp. reported an operating income of 17.68M and revenue of 39.10M, resulting in an operating margin of 45.2%.
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%.
TF.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Timbercreek Financial Corp. reported a net income of 10.37M and revenue of 39.10M, resulting in a net margin of 26.5%.
Frequently Asked Questions
ENB and TF.TO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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