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:
2.27
^GSPC:
0.25
ENB:
3.06
^GSPC:
0.41
ENB:
1.39
^GSPC:
1.06
ENB:
1.61
^GSPC:
0.30
ENB:
11.54
^GSPC:
1.15
ENB:
3.03%
^GSPC:
3.18%
ENB:
15.43%
^GSPC:
14.78%
ENB:
-46.35%
^GSPC:
-56.78%
ENB:
0.00%
^GSPC:
-12.17%
Returns By Period
In the year-to-date period, ENB achieves a 8.46% return, which is significantly higher than ^GSPC's -8.25% return. Over the past 10 years, ENB has underperformed ^GSPC with an annualized return of 5.26%, while ^GSPC has yielded a comparatively higher 10.02% annualized return.
ENB
8.46%
9.12%
14.67%
35.19%
18.06%
5.26%
^GSPC
-8.25%
-6.60%
-5.32%
3.55%
16.80%
10.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 4.08%, while S&P 500 (^GSPC) has a volatility of 7.38%. 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.