ENB vs. VZ
ENB (Enbridge Inc.) and VZ (Verizon Communications Inc.) are both stocks. ENB operates in Oil & Gas Midstream (Energy), while VZ operates in Telecom Services (Communication Services). Over the past 10 years, ENB returned 9.33%/yr vs 4.07%/yr for VZ. At a 0.24 correlation, their price movements are largely independent.
Performance
ENB vs. VZ - 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 VZ's 15.03% return. Over the past 10 years, ENB has outperformed VZ with an annualized return of 9.33%, while VZ has yielded a comparatively lower 4.07% 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%
VZ
- 1D
- 1.11%
- 1M
- -3.92%
- YTD
- 15.03%
- 6M
- 12.38%
- 1Y
- 10.56%
- 3Y*
- 16.97%
- 5Y*
- 1.55%
- 10Y*
- 4.07%
ENB vs. VZ - 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% |
VZ Verizon Communications Inc. | 15.03% | 8.86% | 13.14% | 2.71% | -20.02% | -7.55% | -0.13% | 13.83% | 11.26% | 3.97% |
Correlation
The correlation between ENB and VZ is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2000 | 0.24 |
Fundamentals
ENB:
$4.92
VZ:
$4.10
ENB:
11.44
VZ:
11.06
ENB:
1.34
VZ:
1.38
ENB:
$69.05B
VZ:
$139.15B
ENB:
$15.35B
VZ:
$81.89B
ENB:
$17.09B
VZ:
$48.65B
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Return for Risk
ENB vs. VZ — Risk / Return Rank
ENB
VZ
ENB vs. VZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and Verizon Communications Inc. (VZ). 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 | VZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.12 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 0.89 | +2.07 |
| Martin ratioReturn relative to average drawdown | 7.46 | 1.91 | +5.55 |
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 | VZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 0.53 | +1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.07 | +0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.20 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.20 | +0.33 |
Drawdowns
ENB vs. VZ - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum VZ drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for ENB and VZ.
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Drawdown Indicators
| ENB | VZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.35% | -50.66% | +4.31% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -13.32% | +4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -15.78% | -14.93% | -0.85% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -38.38% | +10.06% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | -41.21% | -2.86% |
Current DrawdownCurrent decline from peak | -2.98% | -10.37% | +7.39% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -14.83% | +4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 6.20% | -2.57% |
Volatility
ENB vs. VZ - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 5.79%, while Verizon Communications Inc. (VZ) has a volatility of 6.17%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than VZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENB | VZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 6.17% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 17.96% | -5.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 22.57% | -6.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.63% | 21.60% | -2.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.33% | 20.35% | +3.98% |
Dividends
ENB vs. VZ - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 4.93%, less than VZ's 6.09% 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% |
VZ Verizon Communications Inc. | 6.09% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Financials
ENB vs. VZ - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and Verizon Communications 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. VZ - 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%.
VZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Verizon Communications Inc. reported a gross profit of 20.77B and revenue of 34.44B. Therefore, the gross margin over that period was 60.3%.
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%.
VZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Verizon Communications Inc. reported an operating income of 8.24B and revenue of 34.44B, resulting in an operating margin of 23.9%.
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%.
VZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Verizon Communications Inc. reported a net income of 5.05B and revenue of 34.44B, resulting in a net margin of 14.7%.
Frequently Asked Questions
ENB and VZ have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VZ has higher volatility (6.17%) compared to ENB (5.79%). In terms of maximum drawdown, ENB dropped -46.35% vs VZ's -50.66%.
ENB currently has the higher Sharpe Ratio (1.67 vs 0.53), 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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