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XCNS.TO vs. ENB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XCNS.TO vs. ENB

Last updated Jun 13, 2026

XCNS.TO (iShares Core Conservative Balanced ETF Portfolio) is Diversified Portfolio fund actively managed by iShares, while ENB (Enbridge Inc.) is a stock. Over the past 5 years, XCNS.TO returned 5.76%/yr vs 17.80%/yr for ENB. At a 0.24 correlation, their price movements are largely independent.

Performance

XCNS.TO vs. ENB - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) and Enbridge Inc. (ENB). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

XCNS.TO is traded in CAD, while ENB is traded in USD. To make them comparable, the ENB values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XCNS.TO achieves a 5.63% return, which is significantly lower than ENB's 23.82% return.

XCNS.TO

1D
0.30%
1M
1.76%
YTD
5.63%
6M
6.09%
1Y
13.56%
3Y*
11.33%
5Y*
5.76%
10Y*
—

ENB

1D
0.36%
1M
5.87%
YTD
23.82%
6M
23.82%
1Y
30.43%
3Y*
24.08%
5Y*
17.80%
10Y*
10.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XCNS.TO vs. ENB - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
XCNS.TO
iShares Core Conservative Balanced ETF Portfolio		5.63%10.46%11.73%10.67%-11.25%5.93%10.28%3.19%
ENB
Enbridge Inc.		23.82%14.05%37.05%-3.48%13.20%30.76%-15.65%23.75%

Correlation

The correlation between XCNS.TO and ENB is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.00

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Aug 7, 2019

0.24

The correlation between XCNS.TO and ENB shifts across timeframes, from -0.00 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core Conservative Balanced ETF Portfolio

Enbridge Inc.

Often compared with XCNS.TO:
XCNS.TO vs. XBAL.TOXCNS.TO vs. XINC.TOXCNS.TO vs. VCNS.TOXCNS.TO vs. XEQT.TOXCNS.TO vs. GCNS.TOXCNS.TO vs. XGRO.TOXCNS.TO vs. XTR.TO
Often compared with ENB:
ENB vs. EPDENB vs. ETENB vs. TRPENB vs. ENSENB vs. SCHDENB vs. VOOENB vs. WMB

Return for Risk

XCNS.TO vs. ENB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XCNS.TO
XCNS.TO Risk / Return Rank: 7171
Overall Rank
XCNS.TO Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
XCNS.TO Sortino Ratio Rank: 7474
Sortino Ratio Rank
XCNS.TO Omega Ratio Rank: 7676
Omega Ratio Rank
XCNS.TO Calmar Ratio Rank: 6464
Calmar Ratio Rank
XCNS.TO Martin Ratio Rank: 6969
Martin Ratio Rank
ENB
ENB Risk / Return Rank: 8484
Overall Rank
ENB Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
ENB Sortino Ratio Rank: 8484
Sortino Ratio Rank
ENB Omega Ratio Rank: 8181
Omega Ratio Rank
ENB Calmar Ratio Rank: 8484
Calmar Ratio Rank
ENB Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XCNS.TO vs. ENB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) 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.

XCNS.TOENBDifference
Sharpe ratioReturn per unit of total volatility
1.99
1.86

+0.13

Sortino ratioReturn per unit of downside risk
2.86
2.67

+0.19

Omega ratioGain probability vs. loss probability

1.39

1.32

+0.07

Calmar ratioReturn relative to maximum drawdown

2.80

3.13

-0.33

Martin ratioReturn relative to average drawdown

11.14

8.42

+2.72

XCNS.TO vs. ENB - Sharpe Ratio Comparison

The current XCNS.TO Sharpe Ratio is 1.99, which is comparable to the ENB Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of XCNS.TO and ENB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XCNS.TO vs. ENB - Drawdown Comparison

The maximum XCNS.TO drawdown since its inception was -17.46%, smaller than the maximum ENB drawdown of -39.63%. Use the drawdown chart below to compare losses from any high point for XCNS.TO and ENB.

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Drawdown Indicators

XCNS.TOENBDifference

Max Drawdown

Largest peak-to-trough decline

-17.46%

-39.63%

+22.17%

Max Drawdown (1Y)

Largest decline over 1 year

-4.86%

-9.76%

+4.90%

Max Drawdown (3Y)

Largest decline over 3 years

-6.40%

-12.18%

+5.78%

Max Drawdown (5Y)

Largest decline over 5 years

-16.09%

-21.88%

+5.79%

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.63%

—

Current Drawdown

Current decline from peak

-0.71%

-1.16%

+0.45%

Average Drawdown

Average peak-to-trough decline

-3.49%

-8.14%

+4.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.22%

3.72%

-2.50%

Volatility

XCNS.TO vs. ENB - Volatility Comparison

The current volatility for iShares Core Conservative Balanced ETF Portfolio (XCNS.TO) is 3.47%, while Enbridge Inc. (ENB) has a volatility of 6.22%. This indicates that XCNS.TO experiences smaller price fluctuations and is considered to be less risky than ENB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XCNS.TOENBDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.47%

6.22%

-2.75%

Volatility (6M)

Calculated over the trailing 6-month period

5.85%

13.26%

-7.41%

Volatility (1Y)

Calculated over the trailing 1-year period

6.84%

16.57%

-9.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.92%

19.31%

-12.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.79%

24.94%

-17.15%

Dividends

XCNS.TO vs. ENB - Dividend Comparison

XCNS.TO's dividend yield for the trailing twelve months is around 2.49%, less than ENB's 4.91% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
XCNS.TO
iShares Core Conservative Balanced ETF Portfolio		2.49%2.54%2.58%2.49%2.26%1.81%2.15%0.92%0.00%0.00%0.00%0.00%

Frequently Asked Questions

XCNS.TO and ENB have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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