SOBO.TO vs. WDS
SOBO.TO (South Bow Corp) and WDS (Woodside Energy Group Ltd) are both stocks. Both are in the Energy sector — SOBO.TO in Oil & Gas Midstream, WDS in Oil & Gas E&P. Over the past year, SOBO.TO returned 53.85% vs 61.82% for WDS. At a 0.17 correlation, their price movements are largely independent.
Performance
SOBO.TO vs. WDS - Performance Comparison
Loading charts...
Different Trading Currencies
SOBO.TO is traded in CAD, while WDS is traded in USD. To make them comparable, the WDS values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SOBO.TO achieves a 43.31% return, which is significantly lower than WDS's 55.33% return.
SOBO.TO
- 1D
- 1.25%
- 1M
- 8.07%
- YTD
- 43.31%
- 6M
- 46.62%
- 1Y
- 53.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDS
- 1D
- 6.47%
- 1M
- 4.94%
- YTD
- 55.33%
- 6M
- 48.42%
- 1Y
- 61.82%
- 3Y*
- 7.79%
- 5Y*
- 16.12%
- 10Y*
- 8.87%
SOBO.TO vs. WDS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SOBO.TO South Bow Corp | 43.31% | 19.87% | 23.73% |
WDS Woodside Energy Group Ltd | 55.33% | 1.90% | -5.07% |
Correlation
The correlation between SOBO.TO and WDS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024 | 0.17 |
Fundamentals
SOBO.TO:
CA$11.12B
WDS:
$44.17B
SOBO.TO:
$2.03
WDS:
$3.29
SOBO.TO:
18.81
WDS:
7.02
SOBO.TO:
3.47
WDS:
0.24
SOBO.TO:
4.37
WDS:
1.69
SOBO.TO:
2.99
WDS:
1.23
SOBO.TO:
$1.82B
WDS:
$26.15B
SOBO.TO:
$893.03M
WDS:
$9.87B
SOBO.TO:
$851.07M
WDS:
$17.06B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOBO.TO vs. WDS — Risk / Return Rank
SOBO.TO
WDS
SOBO.TO vs. WDS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for South Bow Corp (SOBO.TO) and Woodside Energy Group Ltd (WDS). 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.
| SOBO.TO | WDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.33 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.48 | 3.34 | +1.13 |
| Martin ratioReturn relative to average drawdown | 11.83 | 8.20 | +3.63 |
Loading charts...
Drawdowns
SOBO.TO vs. WDS - Drawdown Comparison
The maximum SOBO.TO drawdown since its inception was -26.40%, smaller than the maximum WDS drawdown of -66.77%. Use the drawdown chart below to compare losses from any high point for SOBO.TO and WDS.
Loading charts...
Drawdown Indicators
| SOBO.TO | WDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -66.77% | +40.37% |
Max Drawdown (1Y)Largest decline over 1 year | -12.09% | -18.59% | +6.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.67% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.38% | — |
Current DrawdownCurrent decline from peak | 0.00% | -6.02% | +6.02% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -28.69% | +24.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 7.56% | -2.96% |
Volatility
SOBO.TO vs. WDS - Volatility Comparison
The current volatility for South Bow Corp (SOBO.TO) is 7.30%, while Woodside Energy Group Ltd (WDS) has a volatility of 10.33%. This indicates that SOBO.TO experiences smaller price fluctuations and is considered to be less risky than WDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SOBO.TO | WDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 10.33% | -3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 14.84% | 24.78% | -9.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.97% | 30.93% | -10.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.55% | 33.83% | +10.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.55% | 34.15% | +10.40% |
Dividends
SOBO.TO vs. WDS - Dividend Comparison
SOBO.TO's dividend yield for the trailing twelve months is around 5.18%, more than WDS's 4.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOBO.TO South Bow Corp | 5.18% | 7.37% | 2.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WDS Woodside Energy Group Ltd | 4.85% | 6.80% | 8.27% | 10.62% | 8.84% | 2.39% | 4.41% | 5.12% | 5.45% | 3.65% | 5.21% | 9.84% |
Financials
SOBO.TO vs. WDS - Financials Comparison
This section allows you to compare key financial metrics between South Bow Corp and Woodside Energy Group Ltd. 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
SOBO.TO vs. WDS - Profitability Comparison
SOBO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported a gross profit of 91.48M and revenue of 416.07M. Therefore, the gross margin over that period was 22.0%.
WDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a gross profit of 1.99B and revenue of 6.39B. Therefore, the gross margin over that period was 31.1%.
SOBO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported an operating income of 91.48M and revenue of 416.07M, resulting in an operating margin of 22.0%.
WDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported an operating income of 1.67B and revenue of 6.39B, resulting in an operating margin of 26.1%.
SOBO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, South Bow Corp reported a net income of 75.74M and revenue of 416.07M, resulting in a net margin of 18.2%.
WDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a net income of 1.40B and revenue of 6.39B, resulting in a net margin of 21.9%.
Frequently Asked Questions
SOBO.TO and WDS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SOBO.TO and WDS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer