ENO vs. ENB

Last updated Jun 4, 2026

ENO (Entergy Utility Group, Inc.) and ENB (Enbridge Inc.) are both stocks. Over the past 10 years, ENO returned 1.55%/yr vs 9.66%/yr for ENB. At a 0.16 correlation, their price movements are largely independent.

Performance

ENO vs. ENB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Entergy Utility Group, Inc. (ENO) and Enbridge Inc. (ENB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ENO achieves a -1.47% return, which is significantly lower than ENB's 19.75% return. Over the past 10 years, ENO has underperformed ENB with an annualized return of 1.55%, while ENB has yielded a comparatively higher 9.66% annualized return.

ENO

• 1D: -0.73%
• 1M: -1.40%
• YTD: -1.47%
• 6M: -0.87%
• 1Y: 5.66%
• 3Y*: 1.67%
• 5Y*: 0.64%
• 10Y*: 1.55%

ENB

• 1D: -0.91%
• 1M: 3.29%
• YTD: 19.75%
• 6M: 19.95%
• 1Y: 25.18%
• 3Y*: 21.79%
• 5Y*: 14.50%
• 10Y*: 9.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ENO vs. ENB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENO Entergy Utility Group, Inc.	-1.47%	4.92%	5.74%	9.08%	-13.64%	0.16%	0.27%	4.60%	0.23%	15.73%
ENB Enbridge Inc.	19.75%	19.51%	26.35%	-1.13%	6.46%	30.83%	-13.60%	36.05%	-15.53%	-2.73%

Correlation

The correlation between ENO and ENB is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Mar 28, 2016	0.16

The correlation between ENO and ENB shifts across timeframes, from 0.02 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS ENO : $3.93 ENB : $4.92
PE Ratio ENO : 5.51 ENB : 11.34
PEG Ratio ENO : 0.04 ENB : 0.52
PS Ratio ENO : 0.74 ENB : 1.33
Total Revenue (TTM) ENO : $13.29B ENB : $69.05B
Gross Profit (TTM) ENO : $8.97B ENB : $15.35B
EBITDA (TTM) ENO : $5.53B ENB : $17.09B

Return for Risk

ENO vs. ENB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENO

ENO Risk / Return Rank: 59
ENO Sharpe Ratio Rank: 62
ENO Sortino Ratio Rank: 53
ENO Omega Ratio Rank: 52
ENO Calmar Ratio Rank: 64
ENO Martin Ratio Rank: 63

ENB

ENB Risk / Return Rank: 79
ENB Sharpe Ratio Rank: 82
ENB Sortino Ratio Rank: 79
ENB Omega Ratio Rank: 75
ENB Calmar Ratio Rank: 80
ENB Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENO vs. ENB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Entergy Utility Group, Inc. (ENO) and Enbridge Inc. (ENB). 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.

	ENO	ENB	Difference
Sharpe ratio Return per unit of total volatility	0.64	1.57	-0.94
Sortino ratio Return per unit of downside risk	0.94	2.27	-1.33
Omega ratio Gain probability vs. loss probability	1.12	1.27	-0.16
Calmar ratio Return relative to maximum drawdown	1.19	2.78	-1.59
Martin ratio Return relative to average drawdown	2.40	6.97	-4.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENO vs. ENB - Sharpe Ratio Comparison

The current ENO Sharpe Ratio is 0.64, which is lower than the ENB Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of ENO and ENB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ENO	ENB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	1.57	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.78	-0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.40	-0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.53	-0.38

Drawdowns

ENO vs. ENB - Drawdown Comparison

The maximum ENO drawdown since its inception was -20.79%, smaller than the maximum ENB drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for ENO and ENB.

Drawdown Indicators

	ENO	ENB	Difference
Max Drawdown Largest peak-to-trough decline	-20.79%	-46.35%	+25.56%
Max Drawdown (1Y) Largest decline over 1 year	-4.78%	-9.10%	+4.32%
Max Drawdown (3Y) Largest decline over 3 years	-14.26%	-16.40%	+2.14%
Max Drawdown (5Y) Largest decline over 5 years	-16.36%	-28.32%	+11.96%
Max Drawdown (10Y) Largest decline over 10 years	-20.79%	-44.07%	+23.28%
Current Drawdown Current decline from peak	-5.37%	-3.84%	-1.53%
Average Drawdown Average peak-to-trough decline	-6.16%	-10.83%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	3.69%	-1.33%

Volatility

ENO vs. ENB - Volatility Comparison

The current volatility for Entergy Utility Group, Inc. (ENO) is 1.91%, while Enbridge Inc. (ENB) has a volatility of 5.73%. This indicates that ENO experiences smaller price fluctuations and is considered to be less risky than ENB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENO	ENB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.91%	5.73%	-3.82%
Volatility (6M) Calculated over the trailing 6-month period	5.87%	12.90%	-7.03%
Volatility (1Y) Calculated over the trailing 1-year period	8.93%	16.06%	-7.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.09%	18.62%	-7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.07%	24.34%	-12.27%

Dividends

ENO vs. ENB - Dividend Comparison

ENO's dividend yield for the trailing twelve months is around 6.34%, more than ENB's 4.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENB Enbridge Inc.	4.97%	5.66%	6.28%	7.31%	6.80%	6.85%	7.55%	5.58%	6.68%	4.71%	4.13%	4.71%
ENO Entergy Utility Group, Inc.	6.34%	6.15%	6.06%	6.05%	0.00%	0.00%	2.69%	0.00%	2.75%	5.37%	4.56%	0.00%

Financials

ENO vs. ENB - Profitability Comparison

The chart below illustrates the profitability comparison between Entergy Utility Group, Inc. and Enbridge Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ENO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Entergy Utility Group, Inc. reported a gross profit of 2.15B and revenue of 3.19B. Therefore, the gross margin over that period was 67.5%.

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%.

ENO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Entergy Utility Group, Inc. reported an operating income of 572.22M and revenue of 3.19B, resulting in an operating margin of 18.0%.

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%.

ENO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Entergy Utility Group, Inc. reported a net income of 384.92M and revenue of 3.19B, resulting in a net margin of 12.1%.

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%.

Frequently Asked Questions

Can I hold both ENO and ENB in my portfolio?

ENO and ENB have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ENO or ENB?

ENB has higher volatility (5.73%) compared to ENO (1.91%). In terms of maximum drawdown, ENO dropped -20.79% vs ENB's -46.35%.

Which has better risk-adjusted returns?

ENB currently has the higher Sharpe Ratio (1.57 vs 0.64), 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.