SU.TO vs. TRP.TO
SU.TO (Suncor Energy Inc.) and TRP.TO (TC Energy Corporation) are both stocks. Both are in the Energy sector — SU.TO in Oil & Gas Integrated, TRP.TO in Oil & Gas Midstream. Over the past 10 years, SU.TO returned 14.01%/yr vs 11.53%/yr for TRP.TO. At a 0.37 correlation, their price movements are largely independent.
Performance
SU.TO vs. TRP.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SU.TO achieves a 43.22% return, which is significantly higher than TRP.TO's 29.69% return. Over the past 10 years, SU.TO has outperformed TRP.TO with an annualized return of 14.01%, while TRP.TO has yielded a comparatively lower 11.53% annualized return.
SU.TO
- 1D
- -0.38%
- 1M
- -5.57%
- YTD
- 43.22%
- 6M
- 43.01%
- 1Y
- 59.90%
- 3Y*
- 34.47%
- 5Y*
- 28.51%
- 10Y*
- 14.01%
TRP.TO
- 1D
- 0.20%
- 1M
- 3.23%
- YTD
- 29.69%
- 6M
- 31.68%
- 1Y
- 50.78%
- 3Y*
- 28.32%
- 5Y*
- 14.85%
- 10Y*
- 11.53%
SU.TO vs. TRP.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SU.TO Suncor Energy Inc. | 43.22% | 23.85% | 26.14% | 3.73% | 41.63% | 53.98% | -47.70% | 16.23% | -14.82% | 8.41% |
TRP.TO TC Energy Corporation | 29.69% | 18.35% | 37.67% | 2.53% | -2.77% | 20.34% | -20.74% | 48.49% | -16.01% | 5.23% |
Correlation
The correlation between SU.TO and TRP.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.37 |
The correlation between SU.TO and TRP.TO shifts across timeframes, from 0.23 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SU.TO:
CA$102.27B
TRP.TO:
CA$101.12B
SU.TO:
CA$5.24
TRP.TO:
CA$3.31
SU.TO:
16.40
TRP.TO:
29.36
SU.TO:
0.60
TRP.TO:
0.39
SU.TO:
2.00
TRP.TO:
6.41
SU.TO:
2.23
TRP.TO:
4.00
SU.TO:
CA$52.01B
TRP.TO:
CA$15.76B
SU.TO:
CA$21.25B
TRP.TO:
CA$8.07B
SU.TO:
CA$16.74B
TRP.TO:
CA$10.90B
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Return for Risk
SU.TO vs. TRP.TO — Risk / Return Rank
SU.TO
TRP.TO
SU.TO vs. TRP.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Suncor Energy Inc. (SU.TO) and TC Energy Corporation (TRP.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.
| SU.TO | TRP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.48 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 6.54 | 5.65 | +0.90 |
| Martin ratioReturn relative to average drawdown | 16.22 | 16.62 | -0.40 |
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Drawdowns
SU.TO vs. TRP.TO - Drawdown Comparison
The maximum SU.TO drawdown since its inception was -73.94%, which is greater than TRP.TO's maximum drawdown of -36.30%. Use the drawdown chart below to compare losses from any high point for SU.TO and TRP.TO.
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Drawdown Indicators
| SU.TO | TRP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.94% | -36.30% | -37.64% |
Max Drawdown (1Y)Largest decline over 1 year | -10.36% | -8.75% | -1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -15.48% | -6.25% |
Max Drawdown (5Y)Largest decline over 5 years | -30.62% | -34.02% | +3.40% |
Max Drawdown (10Y)Largest decline over 10 years | -70.77% | -36.30% | -34.47% |
Current DrawdownCurrent decline from peak | -9.63% | -0.88% | -8.75% |
Average DrawdownAverage peak-to-trough decline | -32.46% | -8.45% | -24.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.17% | 3.08% | +1.09% |
Volatility
SU.TO vs. TRP.TO - Volatility Comparison
Suncor Energy Inc. (SU.TO) has a higher volatility of 9.45% compared to TC Energy Corporation (TRP.TO) at 5.44%. This indicates that SU.TO's price experiences larger fluctuations and is considered to be riskier than TRP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SU.TO | TRP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.45% | 5.44% | +4.01% |
Volatility (6M)Calculated over the trailing 6-month period | 20.09% | 12.67% | +7.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.48% | 16.90% | +7.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.70% | 19.65% | +11.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.87% | 23.23% | +11.64% |
Dividends
SU.TO vs. TRP.TO - Dividend Comparison
SU.TO's dividend yield for the trailing twelve months is around 2.76%, less than TRP.TO's 3.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SU.TO Suncor Energy Inc. | 2.76% | 3.79% | 4.30% | 4.96% | 4.38% | 3.32% | 5.13% | 3.95% | 3.78% | 2.77% | 2.64% | 3.19% |
TRP.TO TC Energy Corporation | 3.53% | 4.50% | 5.40% | 6.71% | 6.67% | 5.92% | 6.26% | 4.34% | 5.66% | 4.09% | 3.73% | 4.60% |
Financials
SU.TO vs. TRP.TO - Financials Comparison
This section allows you to compare key financial metrics between Suncor Energy Inc. and TC Energy Corporation. 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
SU.TO vs. TRP.TO - Profitability Comparison
SU.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Suncor Energy Inc. reported a gross profit of 7.53B and revenue of 15.42B. Therefore, the gross margin over that period was 48.8%.
TRP.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a gross profit of 2.40B and revenue of 4.23B. Therefore, the gross margin over that period was 56.7%.
SU.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Suncor Energy Inc. reported an operating income of 2.90B and revenue of 15.42B, resulting in an operating margin of 18.8%.
TRP.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported an operating income of 2.21B and revenue of 4.23B, resulting in an operating margin of 52.1%.
SU.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Suncor Energy Inc. reported a net income of 2.10B and revenue of 15.42B, resulting in a net margin of 13.6%.
TRP.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a net income of 927.00M and revenue of 4.23B, resulting in a net margin of 21.9%.
Frequently Asked Questions
SU.TO and TRP.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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