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 7.52%/yr vs 7.88%/yr for CDUAF. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
NFG vs. CDUAF - Performance Comparison
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Returns By Period
In the year-to-date period, NFG achieves a 4.13% return, which is significantly lower than CDUAF's 31.32% return. Both investments have delivered pretty close results over the past 10 years, with NFG having a 7.52% annualized return and CDUAF not far ahead at 7.88%.
NFG
- 1D
- -0.19%
- 1M
- 6.21%
- 6M
- -0.46%
- YTD
- 4.13%
- 1Y
- -2.75%
- 3Y*
- 19.99%
- 5Y*
- 13.33%
- 10Y*
- 7.52%
- ALL TIME*
- 9.48%
CDUAF
- 1D
- -0.76%
- 1M
- 7.20%
- 6M
- 26.63%
- YTD
- 31.32%
- 1Y
- 51.07%
- 3Y*
- 24.47%
- 5Y*
- 12.01%
- 10Y*
- 7.88%
- ALL TIME*
- 3.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.27M | $2.89M | $1.49M | |
| $58.89M | $56.86M | $61.39M |
NFG vs. CDUAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NFG National Fuel Gas Company | 4.13% | 35.31% | 25.38% | -17.71% | 1.87% | 60.66% | -7.58% | -5.94% | -3.74% | -0.20% |
CDUAF Canadian Utilities Limited | 31.32% | 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 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007 | 0.17 |
The correlation between NFG and CDUAF shifts across timeframes, from 0.13 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NFG:
$7.82B
CDUAF:
$8.23B
NFG:
$7.24
CDUAF:
CA$0.35
NFG:
11.38
CDUAF:
158.91
NFG:
3.07
CDUAF:
4.32
NFG:
1.98
CDUAF:
3.03
NFG:
$2.50B
CDUAF:
CA$3.54B
NFG:
$1.23B
CDUAF:
CA$1.15B
NFG:
$1.52B
CDUAF:
CA$1.78B
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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 | -3.33 | ||
| Sortino ratioReturn per unit of downside risk | -4.42 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.61 | -0.62 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 9.60 | -9.73 |
| Martin ratioReturn relative to average drawdown | -0.24 | 23.94 | -24.18 |
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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 | -20.93% | -5.35% | -15.58% |
Max Drawdown (3Y)Largest decline over 3 years | -20.93% | -13.56% | -7.37% |
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 | -13.63% | -9.04% | -4.59% |
Average DrawdownAverage peak-to-trough decline | -14.35% | -39.68% | +25.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 2.14% | +9.29% |
Volatility
NFG vs. CDUAF - Volatility Comparison
National Fuel Gas Company (NFG) has a higher volatility of 6.54% compared to Canadian Utilities Limited (CDUAF) at 5.29%. This indicates that NFG's price experiences larger fluctuations and is considered to be riskier 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 | 6.54% | 5.29% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 14.53% | 12.42% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.62% | 16.46% | +3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.24% | 19.13% | +3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.05% | 24.16% | -0.11% |
Dividends
NFG vs. CDUAF - Dividend Comparison
NFG's dividend yield for the trailing twelve months is around 2.62%, less than CDUAF's 3.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDUAF Canadian Utilities Limited | 3.34% | 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 | 2.62% | 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 Aug 2026, National Fuel Gas Company reported a gross profit of 231.42M and revenue of 537.50M. Therefore, the gross margin over that period was 43.1%.
CDUAF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Canadian Utilities Limited reported a gross profit of 346.15M and revenue of 914.40M. Therefore, the gross margin over that period was 37.9%.
NFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, National Fuel Gas Company reported an operating income of 208.94M and revenue of 537.50M, resulting in an operating margin of 38.9%.
CDUAF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Canadian Utilities Limited reported an operating income of 271.12M and revenue of 914.40M, resulting in an operating margin of 29.7%.
NFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, National Fuel Gas Company reported a net income of 138.62M and revenue of 537.50M, resulting in a net margin of 25.8%.
CDUAF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Canadian Utilities Limited reported a net income of 128.06M and revenue of 914.40M, resulting in a net margin of 14.0%.
Frequently Asked Questions
NFG and CDUAF have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFG has higher volatility (6.54%) compared to CDUAF (5.29%). In terms of maximum drawdown, NFG dropped -55.49% vs CDUAF's -71.22%.
CDUAF currently has the higher Sharpe Ratio (3.18 vs -0.14), 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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