MRU.TO vs. ENB
MRU.TO (Metro Inc.) and ENB (Enbridge Inc.) are both stocks. MRU.TO operates in Grocery Stores (Consumer Defensive), while ENB operates in Oil & Gas Midstream (Energy). Over the past 10 years, MRU.TO returned 9.42%/yr vs 10.34%/yr for ENB. At a 0.16 correlation, their price movements are largely independent.
Performance
MRU.TO vs. ENB - Performance Comparison
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Different Trading Currencies
MRU.TO is traded in CAD, while ENB is traded in USD. To make them comparable, the ENB values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MRU.TO achieves a -5.67% return, which is significantly lower than ENB's 20.89% return. Over the past 10 years, MRU.TO has underperformed ENB with an annualized return of 9.42%, while ENB has yielded a comparatively higher 10.34% annualized return.
MRU.TO
- 1D
- -0.30%
- 1M
- 3.88%
- YTD
- -5.67%
- 6M
- -6.67%
- 1Y
- -10.31%
- 3Y*
- 11.44%
- 5Y*
- 11.39%
- 10Y*
- 9.42%
ENB
- 1D
- -1.47%
- 1M
- 6.73%
- YTD
- 20.89%
- 6M
- 18.77%
- 1Y
- 28.12%
- 3Y*
- 22.63%
- 5Y*
- 17.14%
- 10Y*
- 10.34%
MRU.TO vs. ENB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRU.TO Metro Inc. | -5.67% | 11.26% | 33.74% | -6.94% | 13.16% | 20.54% | 7.62% | 14.95% | 19.73% | 1.79% |
ENB Enbridge Inc. | 20.89% | 14.05% | 37.05% | -3.48% | 13.20% | 30.76% | -15.65% | 30.44% | -8.43% | -9.31% |
Correlation
The correlation between MRU.TO and ENB is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.16 |
Fundamentals
MRU.TO:
CA$4.68
ENB:
$4.92
MRU.TO:
19.74
ENB:
11.24
MRU.TO:
2.16
ENB:
0.51
MRU.TO:
0.89
ENB:
1.32
MRU.TO:
CA$22.38B
ENB:
$69.05B
MRU.TO:
CA$4.16B
ENB:
$15.35B
MRU.TO:
CA$2.09B
ENB:
$17.09B
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Return for Risk
MRU.TO vs. ENB — Risk / Return Rank
MRU.TO
ENB
MRU.TO vs. ENB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Metro Inc. (MRU.TO) 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.
| MRU.TO | ENB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -3.09 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.30 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 2.90 | -3.50 |
| Martin ratioReturn relative to average drawdown | -1.06 | 7.60 | -8.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MRU.TO | ENB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.54 | 1.71 | -2.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.89 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.42 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 0.57 | +0.20 |
Drawdowns
MRU.TO vs. ENB - Drawdown Comparison
The maximum MRU.TO drawdown since its inception was -45.08%, which is greater than ENB's maximum drawdown of -39.63%. Use the drawdown chart below to compare losses from any high point for MRU.TO and ENB.
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Drawdown Indicators
| MRU.TO | ENB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.08% | -39.63% | -5.45% |
Max Drawdown (1Y)Largest decline over 1 year | -16.96% | -9.76% | -7.20% |
Max Drawdown (3Y)Largest decline over 3 years | -17.66% | -13.59% | -4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -17.66% | -21.88% | +4.22% |
Max Drawdown (10Y)Largest decline over 10 years | -19.06% | -39.63% | +20.57% |
Current DrawdownCurrent decline from peak | -13.02% | -3.50% | -9.52% |
Average DrawdownAverage peak-to-trough decline | -6.71% | -8.15% | +1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.77% | 3.71% | +6.06% |
Volatility
MRU.TO vs. ENB - Volatility Comparison
The current volatility for Metro Inc. (MRU.TO) is 5.66%, while Enbridge Inc. (ENB) has a volatility of 6.35%. This indicates that MRU.TO 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.
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Volatility by Period
| MRU.TO | ENB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 6.35% | -0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 13.51% | 13.31% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.03% | 16.59% | +2.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 19.30% | -2.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.25% | 24.95% | -7.70% |
Dividends
MRU.TO vs. ENB - Dividend Comparison
MRU.TO's dividend yield for the trailing twelve months is around 1.68%, less than ENB's 5.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 5.01% | 5.66% | 6.28% | 7.31% | 6.80% | 6.85% | 7.55% | 5.58% | 6.68% | 4.71% | 4.13% | 4.71% |
MRU.TO Metro Inc. | 1.68% | 1.50% | 1.49% | 1.76% | 1.47% | 1.49% | 1.58% | 1.49% | 1.52% | 1.61% | 1.39% | 1.20% |
Financials
MRU.TO vs. ENB - Financials Comparison
This section allows you to compare key financial metrics between Metro Inc. 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
MRU.TO vs. ENB - Profitability Comparison
MRU.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Metro Inc. reported a gross profit of 882.80M and revenue of 5.11B. Therefore, the gross margin over that period was 17.3%.
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%.
MRU.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Metro Inc. reported an operating income of 343.90M and revenue of 5.11B, resulting in an operating margin of 6.7%.
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%.
MRU.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Metro Inc. reported a net income of 246.50M and revenue of 5.11B, resulting in a net margin of 4.8%.
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
MRU.TO and ENB have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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