WDS vs. SOBO.TO
WDS (Woodside Energy Group Ltd) and SOBO.TO (South Bow Corp) are both stocks. Both are in the Energy sector — WDS in Oil & Gas E&P, SOBO.TO in Oil & Gas Midstream. Over the past year, WDS returned 58.11% vs 50.32% for SOBO.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
WDS vs. SOBO.TO - Performance Comparison
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Different Trading Currencies
WDS is traded in USD, while SOBO.TO is traded in CAD. To make them comparable, the SOBO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WDS achieves a 52.08% return, which is significantly higher than SOBO.TO's 40.32% return.
WDS
- 1D
- 6.17%
- 1M
- 2.76%
- YTD
- 52.08%
- 6M
- 46.18%
- 1Y
- 58.11%
- 3Y*
- 6.16%
- 5Y*
- 12.79%
- 10Y*
- 7.93%
SOBO.TO
- 1D
- 0.96%
- 1M
- 5.83%
- YTD
- 40.32%
- 6M
- 44.41%
- 1Y
- 50.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WDS vs. SOBO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WDS Woodside Energy Group Ltd | 52.08% | 6.78% | -10.50% |
SOBO.TO South Bow Corp | 40.32% | 25.61% | 15.72% |
Correlation
The correlation between WDS and SOBO.TO 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 | 0.19 |
Fundamentals
WDS:
$44.17B
SOBO.TO:
CA$11.12B
WDS:
$3.29
SOBO.TO:
$2.03
WDS:
7.02
SOBO.TO:
18.81
WDS:
0.24
SOBO.TO:
3.47
WDS:
1.69
SOBO.TO:
4.37
WDS:
1.23
SOBO.TO:
2.99
WDS:
$26.15B
SOBO.TO:
$1.82B
WDS:
$9.87B
SOBO.TO:
$893.03M
WDS:
$17.06B
SOBO.TO:
$851.07M
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Return for Risk
WDS vs. SOBO.TO — Risk / Return Rank
WDS
SOBO.TO
WDS vs. SOBO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Woodside Energy Group Ltd (WDS) and South Bow Corp (SOBO.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.
| WDS | SOBO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.41 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 3.99 | -0.58 |
| Martin ratioReturn relative to average drawdown | 7.88 | 11.40 | -3.53 |
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Drawdowns
WDS vs. SOBO.TO - Drawdown Comparison
The maximum WDS drawdown since its inception was -77.06%, which is greater than SOBO.TO's maximum drawdown of -27.09%. Use the drawdown chart below to compare losses from any high point for WDS and SOBO.TO.
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Drawdown Indicators
| WDS | SOBO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.06% | -27.09% | -49.97% |
Max Drawdown (1Y)Largest decline over 1 year | -17.16% | -12.68% | -4.48% |
Max Drawdown (3Y)Largest decline over 3 years | -48.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -48.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.16% | — | — |
Current DrawdownCurrent decline from peak | -10.20% | -0.37% | -9.83% |
Average DrawdownAverage peak-to-trough decline | -39.55% | -4.27% | -35.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.40% | 4.44% | +2.96% |
Volatility
WDS vs. SOBO.TO - Volatility Comparison
Woodside Energy Group Ltd (WDS) has a higher volatility of 10.13% compared to South Bow Corp (SOBO.TO) at 7.09%. This indicates that WDS's price experiences larger fluctuations and is considered to be riskier than SOBO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDS | SOBO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.13% | 7.09% | +3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 14.83% | +9.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.62% | 20.21% | +10.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.40% | 44.59% | -11.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.78% | 44.59% | -10.81% |
Dividends
WDS vs. SOBO.TO - Dividend Comparison
WDS's dividend yield for the trailing twelve months is around 4.85%, less than SOBO.TO's 5.18% 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
WDS vs. SOBO.TO - Financials Comparison
This section allows you to compare key financial metrics between Woodside Energy Group Ltd and South Bow Corp. 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
WDS vs. SOBO.TO - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
WDS and SOBO.TO 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.
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