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:
1.54
TRP:
2.10
ENB:
2.24
TRP:
2.86
ENB:
1.26
TRP:
1.36
ENB:
1.03
TRP:
1.25
ENB:
6.94
TRP:
9.12
ENB:
3.22%
TRP:
4.05%
ENB:
14.48%
TRP:
17.62%
ENB:
-46.35%
TRP:
-54.94%
ENB:
-7.79%
TRP:
-10.21%
Fundamentals
ENB:
$90.39B
TRP:
$47.91B
ENB:
$2.07
TRP:
$3.45
ENB:
20.00
TRP:
13.35
ENB:
1.72
TRP:
1.69
ENB:
$48.49B
TRP:
$16.20B
ENB:
$18.67B
TRP:
$7.29B
ENB:
$17.99B
TRP:
$9.34B
Returns By Period
In the year-to-date period, ENB achieves a 20.61% return, which is significantly lower than TRP's 33.96% return. Over the past 10 years, ENB has underperformed TRP with an annualized return of 3.88%, while TRP has yielded a comparatively higher 7.45% annualized return.
ENB
20.61%
-4.84%
20.19%
20.94%
7.70%
3.88%
TRP
33.96%
-9.62%
34.76%
35.43%
6.43%
7.45%
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Risk-Adjusted Performance
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 6.58%, more than TRP's 6.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 6.58% | 7.29% | 6.78% | 6.86% | 7.54% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% | 2.82% |
TRP TC Energy Corporation | 6.26% | 7.81% | 10.02% | 8.57% | 6.49% | 4.67% | 8.42% | 4.37% | 6.89% | 7.15% | 3.86% | 4.24% |
Drawdowns
ENB vs. TRP - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum TRP drawdown of -54.94%. 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
Enbridge Inc. (ENB) and TC Energy Corporation (TRP) have volatilities of 4.45% and 4.58%, 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.
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