TRP.TO vs. NSRGY
TRP.TO (TC Energy Corporation) and NSRGY (Nestlé S.A.) are both stocks. TRP.TO operates in Oil & Gas Midstream (Energy), while NSRGY operates in Packaged Foods (Consumer Defensive). Over the past 10 years, TRP.TO returned 11.53%/yr vs 7.60%/yr for NSRGY. At a 0.13 correlation, their price movements are largely independent.
Performance
TRP.TO vs. NSRGY - Performance Comparison
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Different Trading Currencies
TRP.TO is traded in CAD, while NSRGY is traded in USD. To make them comparable, the NSRGY values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TRP.TO achieves a 29.69% return, which is significantly higher than NSRGY's 7.92% return. Over the past 10 years, TRP.TO has outperformed NSRGY with an annualized return of 11.53%, while NSRGY has yielded a comparatively lower 7.60% annualized return.
TRP.TO
- 1D
- 0.20%
- 1M
- 5.50%
- YTD
- 29.69%
- 6M
- 31.68%
- 1Y
- 49.18%
- 3Y*
- 28.32%
- 5Y*
- 14.85%
- 10Y*
- 11.53%
NSRGY
- 1D
- 0.09%
- 1M
- 4.17%
- YTD
- 7.92%
- 6M
- 8.35%
- 1Y
- 1.51%
- 3Y*
- -0.37%
- 5Y*
- 1.29%
- 10Y*
- 7.60%
TRP.TO vs. NSRGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
NSRGY Nestlé S.A. | 7.92% | 19.10% | -20.87% | 0.43% | -10.62% | 22.26% | 8.98% | 31.60% | 5.44% | 18.82% |
Correlation
The correlation between TRP.TO and NSRGY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.13 |
Fundamentals
TRP.TO:
CA$101.12B
NSRGY:
$258.63B
TRP.TO:
CA$3.31
NSRGY:
CHF 7.72
TRP.TO:
29.36
NSRGY:
10.34
TRP.TO:
6.41
NSRGY:
1.14
TRP.TO:
4.00
NSRGY:
6.27
TRP.TO:
CA$15.76B
NSRGY:
CHF 181.02B
TRP.TO:
CA$8.07B
NSRGY:
CHF 83.86B
TRP.TO:
CA$10.90B
NSRGY:
CHF 36.34B
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Return for Risk
TRP.TO vs. NSRGY — Risk / Return Rank
TRP.TO
NSRGY
TRP.TO vs. NSRGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP.TO) and Nestlé S.A. (NSRGY). 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.
| TRP.TO | NSRGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.86 | ||
| Sortino ratioReturn per unit of downside risk | +3.96 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.03 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 5.65 | 0.09 | +5.55 |
| Martin ratioReturn relative to average drawdown | 16.62 | 0.17 | +16.45 |
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Drawdowns
TRP.TO vs. NSRGY - Drawdown Comparison
The maximum TRP.TO drawdown since its inception was -36.30%, smaller than the maximum NSRGY drawdown of -74.57%. Use the drawdown chart below to compare losses from any high point for TRP.TO and NSRGY.
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Drawdown Indicators
| TRP.TO | NSRGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.30% | -74.57% | +38.27% |
Max Drawdown (1Y)Largest decline over 1 year | -8.75% | -15.99% | +7.24% |
Max Drawdown (3Y)Largest decline over 3 years | -15.57% | -28.23% | +12.66% |
Max Drawdown (5Y)Largest decline over 5 years | -34.02% | -33.02% | -1.00% |
Max Drawdown (10Y)Largest decline over 10 years | -36.30% | -33.02% | -3.28% |
Current DrawdownCurrent decline from peak | -0.88% | -12.53% | +11.65% |
Average DrawdownAverage peak-to-trough decline | -8.45% | -25.91% | +17.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 9.53% | -6.45% |
Volatility
TRP.TO vs. NSRGY - Volatility Comparison
TC Energy Corporation (TRP.TO) and Nestlé S.A. (NSRGY) have volatilities of 5.44% and 5.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRP.TO | NSRGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 5.42% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 12.67% | 15.59% | -2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.90% | 23.56% | -6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.65% | 20.82% | -1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.23% | 19.50% | +3.73% |
Dividends
TRP.TO vs. NSRGY - Dividend Comparison
TRP.TO's dividend yield for the trailing twelve months is around 3.53%, less than NSRGY's 4.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NSRGY Nestlé S.A. | 4.00% | 3.44% | 4.01% | 2.86% | 2.57% | 2.18% | 2.34% | 2.28% | 3.12% | 5.64% | 6.54% | 3.13% |
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
TRP.TO vs. NSRGY - Financials Comparison
This section allows you to compare key financial metrics between TC Energy Corporation and Nestlé S.A.. 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
TRP.TO vs. NSRGY - Profitability Comparison
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%.
NSRGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nestlé S.A. reported a gross profit of 20.01B and revenue of 44.89B. Therefore, the gross margin over that period was 44.6%.
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%.
NSRGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nestlé S.A. reported an operating income of 6.93B and revenue of 44.89B, resulting in an operating margin of 15.4%.
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%.
NSRGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nestlé S.A. reported a net income of 3.94B and revenue of 44.89B, resulting in a net margin of 8.8%.
Frequently Asked Questions
TRP.TO and NSRGY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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