UL vs. ENB
UL (The Unilever Group) and ENB (Enbridge Inc.) are both stocks. UL operates in Household & Personal Products (Consumer Defensive), while ENB operates in Oil & Gas Midstream (Energy). Over the past 10 years, UL returned 5.33%/yr vs 9.68%/yr for ENB. At a 0.24 correlation, their price movements are largely independent.
Performance
UL vs. ENB - Performance Comparison
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Returns By Period
In the year-to-date period, UL achieves a -8.35% return, which is significantly lower than ENB's 21.23% return. Over the past 10 years, UL has underperformed ENB with an annualized return of 5.33%, while ENB has yielded a comparatively higher 9.68% annualized return.
UL
- 1D
- 1.03%
- 1M
- 3.45%
- YTD
- -8.35%
- 6M
- -7.70%
- 1Y
- -14.93%
- 3Y*
- 5.05%
- 5Y*
- 0.66%
- 10Y*
- 5.33%
ENB
- 1D
- 0.07%
- 1M
- 3.68%
- YTD
- 21.23%
- 6M
- 21.95%
- 1Y
- 27.43%
- 3Y*
- 22.21%
- 5Y*
- 14.42%
- 10Y*
- 9.68%
UL vs. ENB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UL The Unilever Group | -8.35% | 5.96% | 20.90% | -0.17% | -2.82% | -7.61% | 9.04% | 12.88% | -2.34% | 40.15% |
ENB Enbridge Inc. | 21.23% | 19.51% | 26.35% | -1.13% | 6.46% | 30.83% | -13.60% | 36.05% | -15.53% | -2.73% |
Correlation
The correlation between UL and ENB 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 | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.24 |
Fundamentals
UL:
€5.06
ENB:
$4.92
UL:
10.06
ENB:
11.48
UL:
1.97
ENB:
0.53
UL:
1.09
ENB:
1.34
UL:
€109.27B
ENB:
$69.05B
UL:
€90.89B
ENB:
$15.35B
UL:
€24.12B
ENB:
$17.09B
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Return for Risk
UL vs. ENB — Risk / Return Rank
UL
ENB
UL vs. ENB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Unilever Group (UL) 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.
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.
| UL | ENB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.41 | ||
| Sortino ratioReturn per unit of downside risk | -3.32 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.30 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.60 | 3.03 | -3.63 |
| Martin ratioReturn relative to average drawdown | -1.23 | 7.64 | -8.88 |
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Drawdowns
UL vs. ENB - Drawdown Comparison
The maximum UL drawdown since its inception was -53.55%, which is greater than ENB's maximum drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for UL and ENB.
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Drawdown Indicators
| UL | ENB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.55% | -46.35% | -7.20% |
Max Drawdown (1Y)Largest decline over 1 year | -25.09% | -9.10% | -15.99% |
Max Drawdown (3Y)Largest decline over 3 years | -25.09% | -15.29% | -9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -26.53% | -28.32% | +1.79% |
Max Drawdown (10Y)Largest decline over 10 years | -30.13% | -44.07% | +13.94% |
Current DrawdownCurrent decline from peak | -19.64% | -2.65% | -16.99% |
Average DrawdownAverage peak-to-trough decline | -10.61% | -10.83% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.20% | 3.64% | +8.56% |
Volatility
UL vs. ENB - Volatility Comparison
The Unilever Group (UL) and Enbridge Inc. (ENB) have volatilities of 6.11% and 5.99%, 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
| UL | ENB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 5.99% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 16.78% | 12.96% | +3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.50% | 16.21% | +5.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.87% | 18.65% | +2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.61% | 24.33% | -2.72% |
Dividends
UL vs. ENB - Dividend Comparison
UL's dividend yield for the trailing twelve months is around 3.87%, less than ENB's 4.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENB Enbridge Inc. | 4.91% | 5.66% | 6.28% | 7.31% | 6.80% | 6.85% | 7.55% | 5.58% | 6.68% | 4.71% | 4.13% | 4.71% |
UL The Unilever Group | 3.87% | 3.51% | 3.29% | 3.83% | 3.57% | 3.77% | 3.07% | 3.18% | 3.49% | 2.80% | 3.42% | 3.02% |
Financials
UL vs. ENB - Financials Comparison
This section allows you to compare key financial metrics between The Unilever Group 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
UL vs. ENB - Profitability Comparison
UL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a gross profit of 0.00 and revenue of 18.38B. Therefore, the gross margin over that period was 0.0%.
ENB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported a gross profit of 0.00 and revenue of 22.36B. Therefore, the gross margin over that period was 0.0%.
UL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported an operating income of 4.13B and revenue of 18.38B, resulting in an operating margin of 22.5%.
ENB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported an operating income of 3.23B and revenue of 22.36B, resulting in an operating margin of 14.4%.
UL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Unilever Group reported a net income of 2.56B and revenue of 18.38B, resulting in a net margin of 14.0%.
ENB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enbridge Inc. reported a net income of 2.95B and revenue of 22.36B, resulting in a net margin of 13.2%.
Frequently Asked Questions
UL and ENB 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.
UL has higher volatility (6.11%) compared to ENB (5.99%). In terms of maximum drawdown, UL dropped -53.55% vs ENB's -46.35%.
ENB currently has the higher Sharpe Ratio (1.71 vs -0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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