ET vs. ENB
Compare and contrast key facts about Energy Transfer LP (ET) and Enbridge Inc. (ENB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ET or ENB.
Correlation
The correlation between ET and ENB is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ET vs. ENB - Performance Comparison
Key characteristics
ET:
2.54
ENB:
1.49
ET:
3.58
ENB:
2.17
ET:
1.45
ENB:
1.26
ET:
2.14
ENB:
1.00
ET:
19.73
ENB:
6.64
ET:
2.17%
ENB:
3.25%
ET:
16.86%
ENB:
14.45%
ET:
-87.81%
ENB:
-46.35%
ET:
-8.01%
ENB:
-7.31%
Fundamentals
ET:
$63.82B
ENB:
$90.39B
ET:
$1.36
ENB:
$2.07
ET:
13.71
ENB:
20.00
ET:
0.66
ENB:
1.72
ET:
$83.66B
ENB:
$48.49B
ET:
$12.71B
ENB:
$18.67B
ET:
$14.83B
ENB:
$17.99B
Returns By Period
In the year-to-date period, ET achieves a 43.51% return, which is significantly higher than ENB's 21.23% return. Both investments have delivered pretty close results over the past 10 years, with ET having a 3.91% annualized return and ENB not far behind at 3.89%.
ET
43.51%
1.73%
20.95%
44.35%
17.23%
3.91%
ENB
21.23%
-5.28%
20.99%
23.53%
7.81%
3.89%
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Risk-Adjusted Performance
ET vs. ENB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) 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.
Dividends
ET vs. ENB - Dividend Comparison
ET's dividend yield for the trailing twelve months is around 6.98%, more than ENB's 6.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 6.98% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% | 2.61% | 3.19% |
ENB Enbridge Inc. | 6.54% | 7.29% | 6.79% | 6.86% | 7.56% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% | 2.82% |
Drawdowns
ET vs. ENB - Drawdown Comparison
The maximum ET drawdown since its inception was -87.81%, which is greater than ENB's maximum drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for ET and ENB. For additional features, visit the drawdowns tool.
Volatility
ET vs. ENB - Volatility Comparison
Energy Transfer LP (ET) has a higher volatility of 7.57% compared to Enbridge Inc. (ENB) at 4.33%. This indicates that ET's price experiences larger fluctuations and is considered to be riskier than ENB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ET vs. ENB - Financials Comparison
This section allows you to compare key financial metrics between Energy Transfer LP and Enbridge Inc.. 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