PPL-PC.TO vs. EMA-PC.TO
PPL-PC.TO (Pembina Pipeline Corporation) and EMA-PC.TO (Emera Incorporated) are both stocks. PPL-PC.TO operates in Oil & Gas Midstream (Energy), while EMA-PC.TO operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, PPL-PC.TO returned 10.44%/yr vs 10.07%/yr for EMA-PC.TO. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
PPL-PC.TO vs. EMA-PC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PPL-PC.TO achieves a 7.24% return, which is significantly lower than EMA-PC.TO's 7.94% return. Both investments have delivered pretty close results over the past 10 years, with PPL-PC.TO having a 10.44% annualized return and EMA-PC.TO not far behind at 10.07%.
PPL-PC.TO
- 1D
- -0.35%
- 1M
- 0.82%
- 6M
- 6.21%
- YTD
- 7.24%
- 1Y
- 9.86%
- 3Y*
- 21.49%
- 5Y*
- 10.86%
- 10Y*
- 10.44%
- ALL TIME*
- 6.54%
EMA-PC.TO
- 1D
- 0.62%
- 1M
- 3.25%
- 6M
- 6.86%
- YTD
- 7.94%
- 1Y
- 13.39%
- 3Y*
- 16.02%
- 5Y*
- 8.31%
- 10Y*
- 10.07%
- ALL TIME*
- 5.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
EMA-PC.TO Emera Incorporated | CA$74.31K | CA$156.56K | CA$154.27K |
PPL-PC.TO Pembina Pipeline Corporation | CA$156.43K | CA$85.45K | CA$52.77K |
PPL-PC.TO vs. EMA-PC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPL-PC.TO Pembina Pipeline Corporation | 7.24% | 21.55% | 32.83% | 14.31% | -18.29% | 52.16% | -5.77% | -0.08% | -14.42% | 20.07% |
EMA-PC.TO Emera Incorporated | 7.94% | 15.47% | 23.62% | 16.61% | -18.92% | 44.17% | 3.84% | -7.46% | -8.81% | 17.30% |
Correlation
The correlation between PPL-PC.TO and EMA-PC.TO is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2013 | 0.28 |
Fundamentals
PPL-PC.TO:
CA$40.41B
EMA-PC.TO:
CA$18.30B
PPL-PC.TO:
CA$3.07
EMA-PC.TO:
CA$3.55
PPL-PC.TO:
8.42
EMA-PC.TO:
7.36
PPL-PC.TO:
0.32
EMA-PC.TO:
0.23
PPL-PC.TO:
1.91
EMA-PC.TO:
0.97
PPL-PC.TO:
0.98
EMA-PC.TO:
0.62
PPL-PC.TO:
CA$7.88B
EMA-PC.TO:
CA$8.11B
PPL-PC.TO:
CA$2.95B
EMA-PC.TO:
CA$1.43B
PPL-PC.TO:
CA$3.74B
EMA-PC.TO:
CA$2.23B
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Return for Risk
PPL-PC.TO vs. EMA-PC.TO — Risk / Return Rank
PPL-PC.TO
EMA-PC.TO
PPL-PC.TO vs. EMA-PC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pembina Pipeline Corporation (PPL-PC.TO) and Emera Incorporated (EMA-PC.TO). 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.
| PPL-PC.TO | EMA-PC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 5.32 | -1.91 |
| Martin ratioReturn relative to average drawdown | 13.64 | 20.27 | -6.63 |
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Drawdowns
PPL-PC.TO vs. EMA-PC.TO - Drawdown Comparison
The maximum PPL-PC.TO drawdown since its inception was -57.07%, which is greater than EMA-PC.TO's maximum drawdown of -45.60%. Use the drawdown chart below to compare losses from any high point for PPL-PC.TO and EMA-PC.TO.
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Drawdown Indicators
| PPL-PC.TO | EMA-PC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.07% | -45.60% | -11.47% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -2.80% | -0.31% |
Max Drawdown (3Y)Largest decline over 3 years | -9.57% | -12.62% | +3.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | -26.10% | +0.22% |
Max Drawdown (10Y)Largest decline over 10 years | -57.07% | -45.60% | -11.47% |
Current DrawdownCurrent decline from peak | -0.35% | 0.00% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -11.78% | -8.90% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 0.73% | +0.05% |
Volatility
PPL-PC.TO vs. EMA-PC.TO - Volatility Comparison
The current volatility for Pembina Pipeline Corporation (PPL-PC.TO) is 2.14%, while Emera Incorporated (EMA-PC.TO) has a volatility of 2.65%. This indicates that PPL-PC.TO experiences smaller price fluctuations and is considered to be less risky than EMA-PC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPL-PC.TO | EMA-PC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.14% | 2.65% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 4.64% | 5.00% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.60% | 7.41% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.73% | 14.70% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.94% | 16.50% | +3.44% |
Dividends
PPL-PC.TO vs. EMA-PC.TO - Dividend Comparison
PPL-PC.TO's dividend yield for the trailing twelve months is around 5.83%, less than EMA-PC.TO's 7.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMA-PC.TO Emera Incorporated | 6.16% | 6.34% | 6.85% | 6.29% | 6.29% | 4.83% | 6.60% | 6.40% | 5.02% | 4.22% | 4.73% | 5.20% |
PPL-PC.TO Pembina Pipeline Corporation | 4.37% | 6.07% | 6.47% | 6.37% | 6.83% | 5.26% | 7.56% | 6.64% | 6.44% | 5.23% | 5.95% | 6.49% |
Financials
PPL-PC.TO vs. EMA-PC.TO - Financials Comparison
This section allows you to compare key financial metrics between Pembina Pipeline Corporation and Emera Incorporated. 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
PPL-PC.TO vs. EMA-PC.TO - Profitability Comparison
PPL-PC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Pembina Pipeline Corporation reported a gross profit of 752.00M and revenue of 2.07B. Therefore, the gross margin over that period was 36.3%.
EMA-PC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Emera Incorporated reported a gross profit of 755.00M and revenue of 2.47B. Therefore, the gross margin over that period was 30.5%.
PPL-PC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Pembina Pipeline Corporation reported an operating income of 636.00M and revenue of 2.07B, resulting in an operating margin of 30.7%.
EMA-PC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Emera Incorporated reported an operating income of 625.00M and revenue of 2.47B, resulting in an operating margin of 25.3%.
PPL-PC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Pembina Pipeline Corporation reported a net income of 512.00M and revenue of 2.07B, resulting in a net margin of 24.7%.
EMA-PC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Emera Incorporated reported a net income of 582.00M and revenue of 2.47B, resulting in a net margin of 23.5%.
Frequently Asked Questions
PPL-PC.TO and EMA-PC.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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