^SPLRCU vs. CVX

Last updated Apr 2, 2026

Compare and contrast key facts about S&P 500 Utilities Index (^SPLRCU) and Chevron Corporation (CVX).

Performance

^SPLRCU vs. CVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 Utilities Index (^SPLRCU) and Chevron Corporation (CVX). The values are adjusted to include any dividend payments, if applicable.

^SPLRCU vs. CVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SPLRCU S&P 500 Utilities Index	7.52%	12.69%	19.58%	-10.20%	-1.44%	13.99%	-2.83%	22.24%	0.46%	8.32%
CVX Chevron Corporation	30.79%	10.10%	1.29%	-13.63%	58.46%	46.24%	-25.95%	15.27%	-9.75%	10.59%

Returns By Period

In the year-to-date period, ^SPLRCU achieves a 7.52% return, which is significantly lower than CVX's 30.79% return. Over the past 10 years, ^SPLRCU has underperformed CVX with an annualized return of 6.31%, while CVX has yielded a comparatively higher 12.35% annualized return.

^SPLRCU

• 1D: -0.09%
• 1M: -2.66%
• YTD: 7.52%
• 6M: 4.28%
• 1Y: 16.02%
• 3Y*: 10.68%
• 5Y*: 7.48%
• 10Y*: 6.31%

CVX

• 1D: -4.59%
• 1M: 4.12%
• YTD: 30.79%
• 6M: 30.40%
• 1Y: 22.42%
• 3Y*: 11.16%
• 5Y*: 18.11%
• 10Y*: 12.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^SPLRCU vs. CVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^SPLRCU

^SPLRCU Risk / Return Rank: 62
^SPLRCU Sharpe Ratio Rank: 69
^SPLRCU Sortino Ratio Rank: 64
^SPLRCU Omega Ratio Rank: 56
^SPLRCU Calmar Ratio Rank: 71
^SPLRCU Martin Ratio Rank: 47

CVX

CVX Risk / Return Rank: 64
CVX Sharpe Ratio Rank: 70
CVX Sortino Ratio Rank: 61
CVX Omega Ratio Rank: 63
CVX Calmar Ratio Rank: 64
CVX Martin Ratio Rank: 63

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.

^SPLRCU vs. CVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 Utilities Index (^SPLRCU) and Chevron Corporation (CVX). 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.

	^SPLRCU	CVX	Difference
Sharpe ratio Return per unit of total volatility	1.04	0.89	+0.15
Sortino ratio Return per unit of downside risk	1.44	1.26	+0.18
Omega ratio Gain probability vs. loss probability	1.19	1.18	+0.01
Calmar ratio Return relative to maximum drawdown	1.79	1.13	+0.66
Martin ratio Return relative to average drawdown	4.29	2.44	+1.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SPLRCU vs. CVX - Sharpe Ratio Comparison

The current ^SPLRCU Sharpe Ratio is 1.04, which is comparable to the CVX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of ^SPLRCU and CVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^SPLRCU	CVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	0.89	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.73	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.43	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.38	-0.14

Correlation

The correlation between ^SPLRCU and CVX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

^SPLRCU vs. CVX - Drawdown Comparison

The maximum ^SPLRCU drawdown since its inception was -64.46%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for ^SPLRCU and CVX.

Drawdown Indicators

	^SPLRCU	CVX	Difference
Max Drawdown Largest peak-to-trough decline	-64.46%	-55.77%	-8.69%
Max Drawdown (1Y) Largest decline over 1 year	-9.82%	-19.67%	+9.85%
Max Drawdown (5Y) Largest decline over 5 years	-27.79%	-24.95%	-2.84%
Max Drawdown (10Y) Largest decline over 10 years	-36.58%	-55.77%	+19.19%
Current Drawdown Current decline from peak	-3.41%	-6.51%	+3.10%
Average Drawdown Average peak-to-trough decline	-14.90%	-11.40%	-3.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.10%	9.57%	-5.47%

Volatility

^SPLRCU vs. CVX - Volatility Comparison

The current volatility for S&P 500 Utilities Index (^SPLRCU) is 5.12%, while Chevron Corporation (CVX) has a volatility of 7.94%. This indicates that ^SPLRCU experiences smaller price fluctuations and is considered to be less risky than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SPLRCU	CVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	7.94%	-2.82%
Volatility (6M) Calculated over the trailing 6-month period	10.42%	15.54%	-5.12%
Volatility (1Y) Calculated over the trailing 1-year period	15.89%	25.44%	-9.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.30%	25.05%	-7.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.40%	29.02%	-9.62%