ENB vs. TRP
Compare and contrast key facts about Enbridge Inc. (ENB) and TC Energy Corporation (TRP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENB or TRP.
Correlation
The correlation between ENB and TRP is 0.50, 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. TRP - Performance Comparison
Key characteristics
ENB:
2.24
TRP:
2.37
ENB:
3.16
TRP:
3.19
ENB:
1.38
TRP:
1.40
ENB:
1.49
TRP:
1.43
ENB:
11.89
TRP:
9.81
ENB:
2.72%
TRP:
4.35%
ENB:
14.43%
TRP:
17.98%
ENB:
-46.35%
TRP:
-57.46%
ENB:
0.00%
TRP:
-4.43%
Fundamentals
ENB:
$97.29B
TRP:
$48.67B
ENB:
$2.05
TRP:
$3.46
ENB:
21.71
TRP:
13.55
ENB:
2.17
TRP:
1.62
ENB:
$37.19B
TRP:
$12.25B
ENB:
$13.92B
TRP:
$5.55B
ENB:
$13.66B
TRP:
$5.68B
Returns By Period
In the year-to-date period, ENB achieves a 4.90% return, which is significantly higher than TRP's 1.87% return. Over the past 10 years, ENB has underperformed TRP with an annualized return of 5.44%, while TRP has yielded a comparatively higher 8.54% annualized return.
ENB
4.90%
9.90%
25.80%
33.40%
9.15%
5.44%
TRP
1.87%
6.44%
30.19%
43.11%
6.60%
8.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ENB vs. TRP — Risk-Adjusted Performance Rank
ENB
TRP
ENB vs. TRP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and TC Energy Corporation (TRP). 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. TRP - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 5.98%, more than TRP's 5.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 5.98% | 6.28% | 7.29% | 6.79% | 6.86% | 7.56% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% |
TRP TC Energy Corporation | 5.32% | 5.42% | 7.84% | 9.47% | 7.73% | 6.39% | 4.36% | 7.85% | 4.00% | 6.52% | 6.65% | 3.51% |
Drawdowns
ENB vs. TRP - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum TRP drawdown of -57.46%. Use the drawdown chart below to compare losses from any high point for ENB and TRP. For additional features, visit the drawdowns tool.
Volatility
ENB vs. TRP - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 4.39%, while TC Energy Corporation (TRP) has a volatility of 5.73%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than TRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ENB vs. TRP - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and TC Energy 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