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ENB vs. XCNS.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ENB vs. XCNS.TO

Last updated Jun 9, 2026

ENB (Enbridge Inc.) is a stock, while XCNS.TO (iShares Core Conservative Balanced ETF Portfolio) is Diversified Portfolio fund actively managed by iShares. Over the past 5 years, ENB returned 13.89%/yr vs 2.74%/yr for XCNS.TO. At a 0.21 correlation, their price movements are largely independent.

Performance

ENB vs. XCNS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Enbridge Inc. (ENB) and iShares Core Conservative Balanced ETF Portfolio (XCNS.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ENB is traded in USD, while XCNS.TO is traded in CAD. To make them comparable, the XCNS.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 18.72% return, which is significantly higher than XCNS.TO's 2.80% return.

ENB

1D
-1.74%
1M
4.56%
YTD
18.72%
6M
17.84%
1Y
25.57%
3Y*
20.90%
5Y*
13.89%
10Y*
9.34%

XCNS.TO

1D
-1.59%
1M
-1.36%
YTD
2.80%
6M
4.31%
1Y
10.57%
3Y*
9.58%
5Y*
2.74%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ENB vs. XCNS.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
ENB
Enbridge Inc.		18.72%19.51%26.35%-1.13%6.46%30.83%-13.60%22.36%
XCNS.TO
iShares Core Conservative Balanced ETF Portfolio		2.80%15.74%3.01%13.36%-16.54%5.99%12.96%4.92%

Correlation

The correlation between ENB and XCNS.TO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Aug 8, 2019

0.21

The correlation between ENB and XCNS.TO shifts across timeframes, from 0.04 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Enbridge Inc.

iShares Core Conservative Balanced ETF Portfolio

Often compared with ENB:
ENB vs. EPDENB vs. ETENB vs. TRPENB vs. ENSENB vs. SCHDENB vs. VOOENB vs. WMB
Often compared with XCNS.TO:
XCNS.TO vs. XBAL.TOXCNS.TO vs. XINC.TOXCNS.TO vs. VCNS.TOXCNS.TO vs. XEQT.TOXCNS.TO vs. GCNS.TOXCNS.TO vs. XGRO.TOXCNS.TO vs. XTR.TO

Return for Risk

ENB vs. XCNS.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ENB
ENB Risk / Return Rank: 8181
Overall Rank
ENB Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
ENB Sortino Ratio Rank: 8181
Sortino Ratio Rank
ENB Omega Ratio Rank: 7878
Omega Ratio Rank
ENB Calmar Ratio Rank: 8282
Calmar Ratio Rank
ENB Martin Ratio Rank: 8282
Martin Ratio Rank
XCNS.TO
XCNS.TO Risk / Return Rank: 6565
Overall Rank
XCNS.TO Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
XCNS.TO Sortino Ratio Rank: 6666
Sortino Ratio Rank
XCNS.TO Omega Ratio Rank: 7070
Omega Ratio Rank
XCNS.TO Calmar Ratio Rank: 5959
Calmar Ratio Rank
XCNS.TO Martin Ratio Rank: 6464
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENB vs. XCNS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and iShares Core Conservative Balanced ETF Portfolio (XCNS.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.

ENBXCNS.TODifference
Sharpe ratioReturn per unit of total volatility
1.58
1.33

+0.25

Sortino ratioReturn per unit of downside risk
2.28
1.94

+0.34

Omega ratioGain probability vs. loss probability

1.27

1.25

+0.03

Calmar ratioReturn relative to maximum drawdown

2.82

1.78

+1.04

Martin ratioReturn relative to average drawdown

7.09

7.47

-0.37

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENB vs. XCNS.TO - Sharpe Ratio Comparison

The current ENB Sharpe Ratio is 1.58, which is comparable to the XCNS.TO Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of ENB and XCNS.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ENBXCNS.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

1.33

+0.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.29

+0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.39

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.53

0.55

-0.02

Drawdowns

ENB vs. XCNS.TO - Drawdown Comparison

The maximum ENB drawdown since its inception was -46.35%, which is greater than XCNS.TO's maximum drawdown of -23.81%. Use the drawdown chart below to compare losses from any high point for ENB and XCNS.TO.

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Drawdown Indicators

ENBXCNS.TODifference

Max Drawdown

Largest peak-to-trough decline

-46.35%

-23.81%

-22.54%

Max Drawdown (1Y)

Largest decline over 1 year

-9.10%

-5.97%

-3.13%

Max Drawdown (3Y)

Largest decline over 3 years

-15.78%

-8.74%

-7.04%

Max Drawdown (5Y)

Largest decline over 5 years

-28.32%

-23.81%

-4.51%

Max Drawdown (10Y)

Largest decline over 10 years

-44.07%

—

—

Current Drawdown

Current decline from peak

-4.67%

-2.61%

-2.06%

Average Drawdown

Average peak-to-trough decline

-10.83%

-6.07%

-4.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.62%

1.42%

+2.20%

Volatility

ENB vs. XCNS.TO - Volatility Comparison

Enbridge Inc. (ENB) has a higher volatility of 6.10% compared to iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) at 3.35%. This indicates that ENB's price experiences larger fluctuations and is considered to be riskier than XCNS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ENBXCNS.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.10%

3.35%

+2.75%

Volatility (6M)

Calculated over the trailing 6-month period

13.00%

6.61%

+6.39%

Volatility (1Y)

Calculated over the trailing 1-year period

16.24%

7.98%

+8.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.64%

9.58%

+9.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.34%

10.35%

+13.99%

Dividends

ENB vs. XCNS.TO - Dividend Comparison

ENB's dividend yield for the trailing twelve months is around 5.01%, more than XCNS.TO's 2.51% yield.

PositionTTM20252024202320222021202020192018201720162015
ENB
Enbridge Inc.		5.01%5.66%6.28%7.31%6.80%6.85%7.55%5.58%6.68%4.71%4.13%4.71%
XCNS.TO
iShares Core Conservative Balanced ETF Portfolio		2.51%2.54%2.58%2.49%2.26%1.81%2.15%0.92%0.00%0.00%0.00%0.00%

Frequently Asked Questions

ENB and XCNS.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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