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LIN vs. ENB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


LINENB
YTD Return9.26%-5.11%
1Y Return25.22%-9.87%
3Y Return (Ann)17.72%3.77%
5Y Return (Ann)21.83%4.64%
10Y Return (Ann)15.47%2.25%
Sharpe Ratio1.59-0.51
Daily Std Dev16.40%17.85%
Max Drawdown-51.76%-51.91%
Current Drawdown-5.79%-20.39%

Fundamentals


LINENB
Market Cap$223.61B$76.90B
EPS$12.59$2.09
PE Ratio36.8817.31
PEG Ratio2.990.75
Revenue (TTM)$32.85B$43.65B
Gross Profit (TTM)$13.91B$20.72B
EBITDA (TTM)$12.09B$13.82B

Correlation

0.26
-1.001.00

The correlation between LIN and ENB is 0.26, 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

LIN vs. ENB - Performance Comparison

In the year-to-date period, LIN achieves a 9.26% return, which is significantly higher than ENB's -5.11% return. Over the past 10 years, LIN has outperformed ENB with an annualized return of 15.47%, while ENB has yielded a comparatively lower 2.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
19.11%
6.48%
LIN
ENB

Compare stocks, funds, or ETFs


Linde plc

Enbridge Inc.

Risk-Adjusted Performance

LIN vs. ENB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Linde plc (LIN) 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.


LIN
Sharpe ratio
The Sharpe ratio of LIN compared to the broader market-2.00-1.000.001.002.003.004.001.59
Sortino ratio
The Sortino ratio of LIN compared to the broader market-4.00-2.000.002.004.006.002.24
Omega ratio
The Omega ratio of LIN compared to the broader market0.501.001.501.30
Calmar ratio
The Calmar ratio of LIN compared to the broader market0.002.004.006.004.01
Martin ratio
The Martin ratio of LIN compared to the broader market0.0010.0020.0030.009.13
ENB
Sharpe ratio
The Sharpe ratio of ENB compared to the broader market-2.00-1.000.001.002.003.004.00-0.51
Sortino ratio
The Sortino ratio of ENB compared to the broader market-4.00-2.000.002.004.006.00-0.59
Omega ratio
The Omega ratio of ENB compared to the broader market0.501.001.500.93
Calmar ratio
The Calmar ratio of ENB compared to the broader market0.002.004.006.00-0.32
Martin ratio
The Martin ratio of ENB compared to the broader market0.0010.0020.0030.00-1.01

LIN vs. ENB - Sharpe Ratio Comparison

The current LIN Sharpe Ratio is 1.59, which is higher than the ENB Sharpe Ratio of -0.51. The chart below compares the 12-month rolling Sharpe Ratio of LIN and ENB.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
1.59
-0.51
LIN
ENB

Dividends

LIN vs. ENB - Dividend Comparison

LIN's dividend yield for the trailing twelve months is around 1.17%, less than ENB's 8.43% yield.


TTM20232022202120202019201820172016201520142013
LIN
Linde plc
1.17%1.24%1.43%1.22%1.46%1.64%2.11%2.04%2.56%2.79%2.01%1.85%
ENB
Enbridge Inc.
8.43%7.29%6.78%6.86%7.54%6.04%5.73%4.73%3.78%4.51%2.47%2.83%

Drawdowns

LIN vs. ENB - Drawdown Comparison

The maximum LIN drawdown since its inception was -51.76%, roughly equal to the maximum ENB drawdown of -51.91%. The drawdown chart below compares losses from any high point along the way for LIN and ENB


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-5.79%
-20.39%
LIN
ENB

Volatility

LIN vs. ENB - Volatility Comparison

The current volatility for Linde plc (LIN) is 3.30%, while Enbridge Inc. (ENB) has a volatility of 3.99%. This indicates that LIN 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.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
3.30%
3.99%
LIN
ENB