AGRO vs. CVX
AGRO (Adecoagro S.A.) and CVX (Chevron Corporation) are both stocks. AGRO operates in Farm Products (Consumer Defensive), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, AGRO returned 1.08%/yr vs 11.68%/yr for CVX. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
AGRO vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, AGRO achieves a 26.83% return, which is significantly lower than CVX's 31.60% return. Over the past 10 years, AGRO has underperformed CVX with an annualized return of 1.08%, while CVX has yielded a comparatively higher 11.68% annualized return.
AGRO
- 1D
- -1.87%
- 1M
- 5.17%
- 6M
- 13.52%
- YTD
- 26.83%
- 1Y
- 11.87%
- 3Y*
- 0.23%
- 5Y*
- 3.87%
- 10Y*
- 1.08%
- ALL TIME*
- 0.47%
CVX
- 1D
- 2.35%
- 1M
- 18.79%
- 6M
- 13.38%
- YTD
- 31.60%
- 1Y
- 35.24%
- 3Y*
- 11.23%
- 5Y*
- 18.87%
- 10Y*
- 11.68%
- ALL TIME*
- 10.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AGRO Adecoagro S.A. | $7.27M | $6.92M | $10.04M |
| $1.44B | $1.41B | $1.67B |
AGRO vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 26.83% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
CVX Chevron Corporation | 31.60% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between AGRO and CVX is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011 | 0.30 |
The correlation between AGRO and CVX shifts across timeframes, from 0.24 (3 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AGRO:
$5.62B
CVX:
$392.09B
AGRO:
$0.03
CVX:
$10.42
AGRO:
354.28
CVX:
18.89
AGRO:
0.11
CVX:
1.84
AGRO:
3.36
CVX:
1.86
AGRO:
2.91
CVX:
2.05
AGRO:
$1.50B
CVX:
$208.71B
AGRO:
$378.81M
CVX:
$64.69B
AGRO:
$466.25M
CVX:
$55.77B
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Return for Risk
AGRO vs. CVX — Risk / Return Rank
AGRO
CVX
AGRO vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adecoagro S.A. (AGRO) 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.
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.
| AGRO | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.27 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.70 | -1.40 |
| Martin ratioReturn relative to average drawdown | 0.72 | 4.61 | -3.89 |
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Drawdowns
AGRO vs. CVX - Drawdown Comparison
The maximum AGRO drawdown since its inception was -73.70%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for AGRO and CVX.
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Drawdown Indicators
| AGRO | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.70% | -55.77% | -17.93% |
Max Drawdown (1Y)Largest decline over 1 year | -39.99% | -20.81% | -19.18% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -20.81% | -19.18% |
Max Drawdown (5Y)Largest decline over 5 years | -45.34% | -24.95% | -20.39% |
Max Drawdown (10Y)Largest decline over 10 years | -72.07% | -55.77% | -16.30% |
Current DrawdownCurrent decline from peak | -34.32% | -5.93% | -28.39% |
Average DrawdownAverage peak-to-trough decline | -31.48% | -11.40% | -20.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.44% | 7.66% | +8.78% |
Volatility
AGRO vs. CVX - Volatility Comparison
Adecoagro S.A. (AGRO) has a higher volatility of 14.49% compared to Chevron Corporation (CVX) at 6.84%. This indicates that AGRO's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGRO | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.49% | 6.84% | +7.65% |
Volatility (6M)Calculated over the trailing 6-month period | 41.25% | 18.21% | +23.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.77% | 22.82% | +26.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.21% | 25.15% | +17.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.11% | 29.24% | +10.87% |
Dividends
AGRO vs. CVX - Dividend Comparison
AGRO's dividend yield for the trailing twelve months is around 2.97%, less than CVX's 3.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 2.97% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CVX Chevron Corporation | 3.55% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
Financials
AGRO vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Adecoagro S.A. and Chevron Corporation. 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
AGRO vs. CVX - Profitability Comparison
AGRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Adecoagro S.A. reported a gross profit of 118.57M and revenue of 398.68M. Therefore, the gross margin over that period was 29.7%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a gross profit of 30.59B and revenue of 67.20B. Therefore, the gross margin over that period was 45.5%.
AGRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Adecoagro S.A. reported an operating income of 27.86M and revenue of 398.68M, resulting in an operating margin of 7.0%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported an operating income of 21.48B and revenue of 67.20B, resulting in an operating margin of 32.0%.
AGRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Adecoagro S.A. reported a net income of 40.14M and revenue of 398.68M, resulting in a net margin of 10.1%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a net income of 12.07B and revenue of 67.20B, resulting in a net margin of 18.0%.
Frequently Asked Questions
AGRO and CVX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRO has higher volatility (14.49%) compared to CVX (6.84%). In terms of maximum drawdown, AGRO dropped -73.70% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (1.55 vs 0.24), 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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