ENB vs. UL
ENB (Enbridge Inc.) and UL (The Unilever Group) are both stocks. ENB operates in Oil & Gas Midstream (Energy), while UL operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, ENB returned 9.68%/yr vs 5.33%/yr for UL. At a 0.24 correlation, their price movements are largely independent.
Performance
ENB vs. UL - 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 UL's -8.35% return. Over the past 10 years, ENB has outperformed UL with an annualized return of 9.68%, while UL has yielded a comparatively lower 5.33% annualized 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%
UL
- 1D
- 1.03%
- 1M
- 3.45%
- YTD
- -8.35%
- 6M
- -7.70%
- 1Y
- -14.93%
- 3Y*
- 5.05%
- 5Y*
- 0.66%
- 10Y*
- 5.33%
ENB vs. UL - 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% |
UL The Unilever Group | -8.35% | 5.96% | 20.90% | -0.17% | -2.82% | -7.61% | 9.04% | 12.88% | -2.34% | 40.15% |
Correlation
The correlation between ENB and UL is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.24 |
Fundamentals
ENB:
$4.92
UL:
€5.06
ENB:
11.48
UL:
10.06
ENB:
0.53
UL:
1.97
ENB:
1.34
UL:
1.09
ENB:
$69.05B
UL:
€109.27B
ENB:
$15.35B
UL:
€90.89B
ENB:
$17.09B
UL:
€24.12B
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Return for Risk
ENB vs. UL — Risk / Return Rank
ENB
UL
ENB vs. UL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and The Unilever Group (UL). 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 | UL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.41 | ||
| Sortino ratioReturn per unit of downside risk | +3.32 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.90 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | -0.60 | +3.63 |
| Martin ratioReturn relative to average drawdown | 7.64 | -1.23 | +8.88 |
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Drawdowns
ENB vs. UL - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum UL drawdown of -53.55%. Use the drawdown chart below to compare losses from any high point for ENB and UL.
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Drawdown Indicators
| ENB | UL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.35% | -53.55% | +7.20% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -25.09% | +15.99% |
Max Drawdown (3Y)Largest decline over 3 years | -15.29% | -25.09% | +9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -26.53% | -1.79% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | -30.13% | -13.94% |
Current DrawdownCurrent decline from peak | -2.65% | -19.64% | +16.99% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -10.61% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | 12.20% | -8.56% |
Volatility
ENB vs. UL - Volatility Comparison
Enbridge Inc. (ENB) and The Unilever Group (UL) have volatilities of 5.99% and 6.11%, 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 | UL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 6.11% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | 16.78% | -3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 21.50% | -5.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.65% | 20.87% | -2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.33% | 21.61% | +2.72% |
Dividends
ENB vs. UL - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 4.91%, more than UL's 3.87% 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% |
UL The Unilever Group | 3.87% | 3.51% | 3.29% | 3.83% | 3.57% | 3.77% | 3.07% | 3.18% | 3.49% | 2.80% | 3.42% | 3.02% |
Financials
ENB vs. UL - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and The Unilever Group. 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. UL - 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%.
UL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a gross profit of 0.00 and revenue of 18.38B. 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%.
UL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported an operating income of 4.13B and revenue of 18.38B, resulting in an operating margin of 22.5%.
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%.
UL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a net income of 2.56B and revenue of 18.38B, resulting in a net margin of 14.0%.
Frequently Asked Questions
ENB and UL have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UL has higher volatility (6.11%) compared to ENB (5.99%). In terms of maximum drawdown, ENB dropped -46.35% vs UL's -53.55%.
ENB currently has the higher Sharpe Ratio (1.71 vs -0.70), 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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