ENB vs. XLE
Compare and contrast key facts about Enbridge Inc. (ENB) and Energy Select Sector SPDR Fund (XLE).
XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENB or XLE.
Performance
ENB vs. XLE - Performance Comparison
Returns By Period
In the year-to-date period, ENB achieves a 25.60% return, which is significantly higher than XLE's 15.77% return. Both investments have delivered pretty close results over the past 10 years, with ENB having a 5.05% annualized return and XLE not far behind at 5.03%.
ENB
25.60%
2.02%
18.55%
34.32%
9.62%
5.05%
XLE
15.77%
5.01%
1.39%
18.13%
14.98%
5.03%
Key characteristics
| ENB | XLE | |
|---|---|---|
| Sharpe Ratio | 2.46 | 0.89 |
| Sortino Ratio | 3.50 | 1.30 |
| Omega Ratio | 1.42 | 1.16 |
| Calmar Ratio | 1.52 | 1.19 |
| Martin Ratio | 11.45 | 2.77 |
| Ulcer Index | 3.09% | 5.71% |
| Daily Std Dev | 14.39% | 17.79% |
| Max Drawdown | -46.35% | -71.54% |
| Current Drawdown | -0.61% | -1.84% |
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Correlation
The correlation between ENB and XLE is 0.45, 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.
Risk-Adjusted Performance
ENB vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and Energy Select Sector SPDR Fund (XLE). 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. XLE - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 6.31%, more than XLE's 3.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 6.31% | 7.29% | 6.79% | 6.86% | 7.56% | 5.57% | 6.70% | 4.72% | 3.79% | 4.42% | 2.47% | 2.82% |
XLE Energy Select Sector SPDR Fund | 3.14% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
ENB vs. XLE - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum XLE drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for ENB and XLE. For additional features, visit the drawdowns tool.
Volatility
ENB vs. XLE - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 4.17%, while Energy Select Sector SPDR Fund (XLE) has a volatility of 4.84%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.