NFG vs. CDUAF
NFG (National Fuel Gas Company) and CDUAF (Canadian Utilities Limited) are both stocks. NFG operates in Oil & Gas Integrated (Energy), while CDUAF operates in Utilities - Diversified (Utilities). Over the past 10 years, NFG returned 6.84%/yr vs 7.46%/yr for CDUAF. At a 0.17 correlation, their price movements are largely independent.
Performance
NFG vs. CDUAF - Performance Comparison
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Returns By Period
In the year-to-date period, NFG achieves a -2.59% return, which is significantly lower than CDUAF's 21.00% return. Over the past 10 years, NFG has underperformed CDUAF with an annualized return of 6.84%, while CDUAF has yielded a comparatively higher 7.46% annualized return.
NFG
- 1D
- 0.98%
- 1M
- -4.53%
- YTD
- -2.59%
- 6M
- -4.55%
- 1Y
- -5.57%
- 3Y*
- 18.18%
- 5Y*
- 10.46%
- 10Y*
- 6.84%
CDUAF
- 1D
- -0.18%
- 1M
- 5.13%
- YTD
- 21.00%
- 6M
- 24.57%
- 1Y
- 38.10%
- 3Y*
- 17.71%
- 5Y*
- 10.10%
- 10Y*
- 7.46%
NFG vs. CDUAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NFG National Fuel Gas Company | -2.59% | 35.31% | 25.38% | -17.71% | 1.87% | 60.66% | -7.58% | -5.94% | -3.74% | -0.20% |
CDUAF Canadian Utilities Limited | 21.00% | 35.10% | 6.34% | -6.25% | -1.87% | 25.16% | -14.69% | 37.49% | -19.67% | 15.55% |
Correlation
The correlation between NFG and CDUAF is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007 | 0.17 |
Fundamentals
NFG:
$7.27B
CDUAF:
$10.05B
NFG:
$7.46
CDUAF:
CA$0.29
NFG:
10.40
CDUAF:
177.34
NFG:
7.22
CDUAF:
4.05
NFG:
1.90
CDUAF:
2.81
NFG:
$988.24M
CDUAF:
CA$3.46B
NFG:
$576.67M
CDUAF:
CA$1.39B
NFG:
$1.41B
CDUAF:
CA$1.76B
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Return for Risk
NFG vs. CDUAF — Risk / Return Rank
NFG
CDUAF
NFG vs. CDUAF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Fuel Gas Company (NFG) and Canadian Utilities Limited (CDUAF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFG | CDUAF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.67 | ||
| Sortino ratioReturn per unit of downside risk | -3.53 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.46 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 7.16 | -7.43 |
| Martin ratioReturn relative to average drawdown | -0.58 | 17.76 | -18.34 |
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Drawdowns
NFG vs. CDUAF - Drawdown Comparison
The maximum NFG drawdown since its inception was -55.49%, smaller than the maximum CDUAF drawdown of -71.22%. Use the drawdown chart below to compare losses from any high point for NFG and CDUAF.
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Drawdown Indicators
| NFG | CDUAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.49% | -71.22% | +15.73% |
Max Drawdown (1Y)Largest decline over 1 year | -20.45% | -5.35% | -15.10% |
Max Drawdown (3Y)Largest decline over 3 years | -20.45% | -20.91% | +0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -35.74% | -31.94% | -3.80% |
Max Drawdown (10Y)Largest decline over 10 years | -44.28% | -41.92% | -2.36% |
Current DrawdownCurrent decline from peak | -19.20% | -16.18% | -3.02% |
Average DrawdownAverage peak-to-trough decline | -14.34% | -39.86% | +25.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.67% | 2.15% | +7.52% |
Volatility
NFG vs. CDUAF - Volatility Comparison
The current volatility for National Fuel Gas Company (NFG) is 5.73%, while Canadian Utilities Limited (CDUAF) has a volatility of 6.26%. This indicates that NFG experiences smaller price fluctuations and is considered to be less risky than CDUAF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFG | CDUAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.73% | 6.26% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 14.17% | 11.73% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.83% | 16.06% | +3.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.24% | 19.07% | +3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.03% | 25.58% | -1.55% |
Dividends
NFG vs. CDUAF - Dividend Comparison
NFG's dividend yield for the trailing twelve months is around 2.76%, less than CDUAF's 3.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDUAF Canadian Utilities Limited | 3.62% | 4.21% | 5.47% | 6.05% | 5.03% | 4.85% | 5.32% | 4.24% | 4.49% | 4.82% | 4.82% | 5.11% |
NFG National Fuel Gas Company | 2.76% | 2.65% | 3.36% | 3.91% | 2.97% | 2.83% | 4.30% | 3.72% | 3.30% | 3.00% | 2.84% | 3.67% |
Financials
NFG vs. CDUAF - Financials Comparison
This section allows you to compare key financial metrics between National Fuel Gas Company and Canadian Utilities Limited. 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
NFG vs. CDUAF - Profitability Comparison
NFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported a gross profit of -300.89M and revenue of -651.51M. Therefore, the gross margin over that period was 46.2%.
CDUAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a gross profit of 761.00M and revenue of 1.08B. Therefore, the gross margin over that period was 70.2%.
NFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported an operating income of 347.14M and revenue of -651.51M, resulting in an operating margin of -53.3%.
CDUAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported an operating income of 393.00M and revenue of 1.08B, resulting in an operating margin of 36.3%.
NFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported a net income of 247.67M and revenue of -651.51M, resulting in a net margin of -38.0%.
CDUAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Utilities Limited reported a net income of 224.00M and revenue of 1.08B, resulting in a net margin of 20.7%.
Frequently Asked Questions
NFG and CDUAF have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDUAF has higher volatility (6.26%) compared to NFG (5.73%). In terms of maximum drawdown, NFG dropped -55.49% vs CDUAF's -71.22%.
CDUAF currently has the higher Sharpe Ratio (2.39 vs -0.29), 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.
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