ENB vs SPY

Comparison between Enbridge Inc (ENB, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceENB has outperformed SPY, delivering a return of +13.4% compared to +13.3%

ENB vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ENB(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$118B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	56.34%	56.47%
Sharpe Ratio	1.07	2.07
5Y Beta	0.18	1.00
Industry	Oil & Gas Midstream	N/A
P/E Ratio	21.95	28.24
Forward P/E	24.63	21.85
PEG Ratio	0.64	N/A
Dividend Yield	6.96%	N/A
5Y Dividends CAGR	2.21%	5.43%
5Y EPS CAGR	13.80%	25.79%
Debt to Equity	169.16%	22.35%
Free Cash Flow Yield	2.00%	N/A
P/S Ratio	1.81	3.55
P/B Ratio	2.93	5.29

Market Cap / Net Assets

ENB

$118B

Winner

SPY

$652B

Expense Ratio

ENB

N/A

SPY

0.09%

Max Drawdown

Winner

ENB

56.34%

SPY

56.47%

Sharpe Ratio

ENB

1.07

Winner

SPY

2.07

5Y Beta

Winner

ENB

0.18

SPY

1.00

Industry

ENB

Oil & Gas Midstream

SPY

N/A

P/E Ratio

Winner

ENB

21.95

SPY

28.24

Forward P/E

ENB

24.63

Winner

SPY

21.85

PEG Ratio

ENB

0.64

SPY

N/A

Dividend Yield

ENB

6.96%

SPY

N/A

5Y Dividends CAGR

ENB

2.21%

Winner

SPY

5.43%

5Y EPS CAGR

ENB

13.80%

Winner

SPY

25.79%

Debt to Equity

ENB

169.16%

Winner

SPY

22.35%

Free Cash Flow Yield

ENB

2.00%

SPY

N/A

P/S Ratio

Winner

ENB

1.81

SPY

3.55

P/B Ratio

Winner

ENB

2.93

SPY

5.29

ENB vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	ENB	SPY
1 month	-1.63%	+9.11%
3 months	+7.31%	+6.59%
6 months	+15.48%	+10.56%
1 year	+23.94%	+32.04%
5 years(CAGR)	+13.41%	+13.35%
10 years(CAGR)	+9.95%	+15.49%
Max(CAGR)	+14.16%	+8.50%

ENB

-1.63%

Winner

SPY

+9.11%

Winner

ENB

+7.31%

SPY

+6.59%

Winner

ENB

+15.48%

SPY

+10.56%

ENB

+23.94%

Winner

SPY

+32.04%

5Y(CAGR)

Winner

ENB

+13.41%

SPY

+13.35%

10Y(CAGR)

ENB

+9.95%

Winner

SPY

+15.49%

Max(CAGR)

Winner

ENB

+14.16%

SPY

+8.50%

ENB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ENB	SPY
2026	+12.91%	+8.27%
2025	+18.03%	+18.00%
2024	+25.43%	+25.59%
2023	-0.90%	+26.72%
2022	+6.14%	-18.64%
2021	+31.04%	+30.52%
2020	-13.37%	+17.28%
2019	+33.98%	+31.09%
2018	-17.70%	-5.24%
2017	-3.65%	+20.78%
2016	+34.07%	+13.59%
2015	-33.09%	+1.31%
2014	+22.21%	+14.56%
2013	+2.83%	+29.00%
2012	+19.45%	+14.17%
2011	+36.52%	+0.85%
2010	+26.36%	+13.14%
2009	+45.81%	+22.67%
2008	-17.32%	-36.25%
2007	+20.55%	+5.32%
2006	+11.43%	+13.85%
2005	+30.21%	+5.32%
2004	+22.98%	+10.75%
2003	+55.05%	+24.18%
2002	+6.60%	-22.42%
2001	-0.28%	-10.13%
2000	+52.42%	-8.84%
1999	-4.92%	+8.61%

ENB vs SPY Drawdown Comparison

The maximum drawdown for ENB was -46.34%, occurring on Jan 20, 2016. Recovery took 1207 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current ENB drawdown is -3.30%.

Rank	ENB	SPY
#1	-46.34% Apr 27, 2015 - Feb 11, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-44.07% Feb 12, 2020 - May 5, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-40.77% May 23, 2008 - Nov 25, 2009	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-28.24% Jun 7, 2022 - Sep 9, 2024	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-20.75% Dec 29, 2000 - Oct 11, 2001	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-18.71% Nov 24, 1999 - Apr 10, 2000	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-16.50% Sep 19, 2014 - Dec 4, 2014	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-16.19% Nov 6, 2007 - May 9, 2008	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-16.05% Jul 5, 2002 - May 5, 2003	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-15.28% Dec 4, 2014 - Apr 16, 2015	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-14.83% Jan 9, 2004 - Sep 21, 2004	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-14.16% May 31, 2011 - Oct 12, 2011	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-14.14% May 8, 2000 - May 31, 2000	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-14.01% May 21, 2013 - Apr 1, 2014	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-13.40% Nov 5, 2021 - Feb 2, 2022	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ENB and SPY is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (1999 - 2026)

ENB vs SPY dividend yield comparison.

Year	ENB	SPY
2026	1.33%	0.24%
2025	5.66%	1.07%
2024	6.28%	1.21%
2023	7.31%	1.40%
2022	6.80%	1.65%
2021	6.85%	1.20%
2020	7.55%	1.52%
2019	5.58%	1.75%
2018	6.68%	2.04%
2017	4.71%	1.80%
2016	4.13%	2.03%
2015	4.71%	2.06%
2014	2.54%	1.87%
2013	2.82%	1.81%
2012	2.61%	2.18%
2011	2.65%	2.05%
2010	2.94%	1.80%
2009	3.61%	1.95%
2008	3.85%	3.02%
2007	2.96%	1.85%
2006	2.98%	1.73%
2005	2.72%	1.73%
2004	2.81%	1.82%
2003	2.87%	1.47%
2002	4.05%	1.70%
2001	4.63%	1.25%
2000	3.36%	1.15%
1999	1.02%	0.24%