ENB vs. XOM
ENB (Enbridge Inc.) and XOM (Exxon Mobil Corporation) are both stocks. Both are in the Energy sector — ENB in Oil & Gas Midstream, XOM in Oil & Gas Integrated. Over the past 10 years, ENB returned 9.33%/yr vs 9.82%/yr for XOM. At a 0.31 correlation, their price movements are largely independent.
Performance
ENB vs. XOM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ENB achieves a 20.83% return, which is significantly lower than XOM's 26.26% return. Over the past 10 years, ENB has underperformed XOM with an annualized return of 9.33%, while XOM has yielded a comparatively higher 9.82% 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%
XOM
- 1D
- -1.39%
- 1M
- 4.40%
- YTD
- 26.26%
- 6M
- 30.38%
- 1Y
- 48.36%
- 3Y*
- 16.01%
- 5Y*
- 24.00%
- 10Y*
- 9.82%
ENB vs. XOM - 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% |
XOM Exxon Mobil Corporation | 26.26% | 15.98% | 11.26% | -6.26% | 87.41% | 57.58% | -36.21% | 7.23% | -15.09% | -3.81% |
Correlation
The correlation between ENB and XOM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 1990 | 0.31 |
The correlation between ENB and XOM shifts across timeframes, from 0.22 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ENB:
$4.92
XOM:
$5.93
ENB:
11.44
XOM:
25.29
ENB:
0.52
XOM:
1.17
ENB:
1.34
XOM:
1.96
ENB:
$69.05B
XOM:
$326.01B
ENB:
$15.35B
XOM:
$83.11B
ENB:
$17.09B
XOM:
$60.44B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ENB vs. XOM — Risk / Return Rank
ENB
XOM
ENB vs. XOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and Exxon Mobil Corporation (XOM). 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 | XOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.35 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 3.33 | -0.36 |
| Martin ratioReturn relative to average drawdown | 7.46 | 9.35 | -1.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ENB | XOM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 2.13 | -0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.90 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.35 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.47 | +0.05 |
Drawdowns
ENB vs. XOM - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum XOM drawdown of -62.40%. Use the drawdown chart below to compare losses from any high point for ENB and XOM.
Loading charts...
Drawdown Indicators
| ENB | XOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.35% | -62.40% | +16.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -15.69% | +6.59% |
Max Drawdown (3Y)Largest decline over 3 years | -15.78% | -18.92% | +3.14% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -20.51% | -7.81% |
Max Drawdown (10Y)Largest decline over 10 years | -44.07% | -61.34% | +17.27% |
Current DrawdownCurrent decline from peak | -2.98% | -11.97% | +8.99% |
Average DrawdownAverage peak-to-trough decline | -10.83% | -10.20% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 5.57% | -1.94% |
Volatility
ENB vs. XOM - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 5.79%, while Exxon Mobil Corporation (XOM) has a volatility of 9.27%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than XOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ENB | XOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 9.27% | -3.48% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 20.28% | -7.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 24.48% | -8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.63% | 26.73% | -8.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.33% | 28.18% | -3.85% |
Dividends
ENB vs. XOM - Dividend Comparison
ENB's dividend yield for the trailing twelve months is around 4.93%, more than XOM's 2.72% 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% |
XOM Exxon Mobil Corporation | 2.72% | 3.32% | 3.57% | 3.68% | 3.22% | 5.70% | 8.44% | 4.92% | 4.74% | 3.66% | 3.30% | 3.69% |
Financials
ENB vs. XOM - Financials Comparison
This section allows you to compare key financial metrics between Enbridge Inc. and Exxon Mobil 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
ENB vs. XOM - 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%.
XOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported a gross profit of 31.36B and revenue of 83.16B. Therefore, the gross margin over that period was 37.7%.
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%.
XOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported an operating income of 5.29B and revenue of 83.16B, resulting in an operating margin of 6.4%.
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%.
XOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Exxon Mobil Corporation reported a net income of 4.18B and revenue of 83.16B, resulting in a net margin of 5.0%.
Frequently Asked Questions
ENB and XOM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XOM has higher volatility (9.27%) compared to ENB (5.79%). In terms of maximum drawdown, ENB dropped -46.35% vs XOM's -62.40%.
XOM currently has the higher Sharpe Ratio (2.13 vs 1.67), 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.
Find the right allocation for ENB and XOM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer