TRP vs. ENB
Compare and contrast key facts about TC Energy Corporation (TRP) and Enbridge Inc. (ENB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRP or ENB.
Correlation
The correlation between TRP and ENB is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TRP vs. ENB - Performance Comparison
Key characteristics
TRP:
2.10
ENB:
1.54
TRP:
2.86
ENB:
2.24
TRP:
1.36
ENB:
1.26
TRP:
1.25
ENB:
1.03
TRP:
9.12
ENB:
6.94
TRP:
4.05%
ENB:
3.22%
TRP:
17.62%
ENB:
14.48%
TRP:
-54.94%
ENB:
-46.35%
TRP:
-10.21%
ENB:
-7.79%
Fundamentals
TRP:
$47.91B
ENB:
$90.39B
TRP:
$3.45
ENB:
$2.07
TRP:
13.35
ENB:
20.00
TRP:
1.69
ENB:
1.72
TRP:
$16.20B
ENB:
$48.49B
TRP:
$7.29B
ENB:
$18.67B
TRP:
$9.34B
ENB:
$17.99B
Returns By Period
In the year-to-date period, TRP achieves a 33.96% return, which is significantly higher than ENB's 20.61% return. Over the past 10 years, TRP has outperformed ENB with an annualized return of 7.45%, while ENB has yielded a comparatively lower 3.88% annualized return.
TRP
33.96%
-9.62%
34.76%
35.43%
6.43%
7.45%
ENB
20.61%
-4.84%
20.19%
20.94%
7.70%
3.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TRP vs. ENB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP) and Enbridge Inc. (ENB). 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.
Dividends
TRP vs. ENB - Dividend Comparison
TRP's dividend yield for the trailing twelve months is around 6.26%, less than ENB's 6.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP TC Energy Corporation | 6.26% | 7.81% | 10.02% | 8.57% | 6.49% | 4.67% | 8.42% | 4.37% | 6.89% | 7.15% | 3.86% | 4.24% |
ENB Enbridge Inc. | 6.58% | 7.29% | 6.78% | 6.86% | 7.54% | 5.57% | 6.69% | 4.73% | 3.78% | 4.41% | 2.47% | 2.82% |
Drawdowns
TRP vs. ENB - Drawdown Comparison
The maximum TRP drawdown since its inception was -54.94%, which is greater than ENB's maximum drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for TRP and ENB. For additional features, visit the drawdowns tool.
Volatility
TRP vs. ENB - Volatility Comparison
TC Energy Corporation (TRP) and Enbridge Inc. (ENB) have volatilities of 4.58% and 4.45%, 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.
Financials
TRP vs. ENB - Financials Comparison
This section allows you to compare key financial metrics between TC Energy Corporation and Enbridge Inc.. 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