ENB vs. ^GSPC
Compare and contrast key facts about Enbridge Inc. (ENB) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENB or ^GSPC.
Correlation
The correlation between ENB and ^GSPC is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ENB vs. ^GSPC - Performance Comparison
Key characteristics
ENB:
2.24
^GSPC:
2.06
ENB:
3.16
^GSPC:
2.74
ENB:
1.38
^GSPC:
1.38
ENB:
1.49
^GSPC:
3.13
ENB:
11.89
^GSPC:
12.84
ENB:
2.72%
^GSPC:
2.07%
ENB:
14.43%
^GSPC:
12.87%
ENB:
-46.35%
^GSPC:
-56.78%
ENB:
0.00%
^GSPC:
-1.54%
Returns By Period
In the year-to-date period, ENB achieves a 4.90% return, which is significantly higher than ^GSPC's 1.96% return. Over the past 10 years, ENB has underperformed ^GSPC with an annualized return of 5.14%, while ^GSPC has yielded a comparatively higher 11.46% annualized return.
ENB
4.90%
9.33%
25.80%
32.70%
9.15%
5.14%
^GSPC
1.96%
2.21%
8.93%
23.90%
12.52%
11.46%
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Risk-Adjusted Performance
ENB vs. ^GSPC — Risk-Adjusted Performance Rank
ENB
^GSPC
ENB vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enbridge Inc. (ENB) and S&P 500 (^GSPC). 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.
Drawdowns
ENB vs. ^GSPC - Drawdown Comparison
The maximum ENB drawdown since its inception was -46.35%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ENB and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ENB vs. ^GSPC - Volatility Comparison
The current volatility for Enbridge Inc. (ENB) is 4.39%, while S&P 500 (^GSPC) has a volatility of 5.07%. This indicates that ENB experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.