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.
Performance
ENB vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, ENB achieves a 25.60% return, which is significantly higher than ^GSPC's 23.62% return. Over the past 10 years, ENB has underperformed ^GSPC with an annualized return of 5.05%, while ^GSPC has yielded a comparatively higher 11.16% annualized return.
ENB
25.60%
2.02%
18.55%
34.32%
9.62%
5.05%
^GSPC
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Key characteristics
| ENB | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 2.46 | 2.51 |
| Sortino Ratio | 3.50 | 3.37 |
| Omega Ratio | 1.42 | 1.47 |
| Calmar Ratio | 1.52 | 3.63 |
| Martin Ratio | 11.45 | 16.15 |
| Ulcer Index | 3.09% | 1.91% |
| Daily Std Dev | 14.39% | 12.27% |
| Max Drawdown | -46.35% | -56.78% |
| Current Drawdown | -0.61% | -1.75% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Risk-Adjusted Performance
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
Enbridge Inc. (ENB) and S&P 500 (^GSPC) have volatilities of 4.17% and 4.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.