AGRO vs. DVN
AGRO (Adecoagro S.A.) and DVN (Devon Energy Corporation) are both stocks. AGRO operates in Farm Products (Consumer Defensive), while DVN operates in Oil & Gas E&P (Energy). Over the past 10 years, AGRO returned 0.95%/yr vs 4.23%/yr for DVN. At a 0.31 correlation, their price movements are largely independent.
Performance
AGRO vs. DVN - Performance Comparison
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Returns By Period
In the year-to-date period, AGRO achieves a 31.16% return, which is significantly higher than DVN's 16.71% return. Over the past 10 years, AGRO has underperformed DVN with an annualized return of 0.95%, while DVN has yielded a comparatively higher 4.23% annualized return.
AGRO
- 1D
- 3.10%
- 1M
- -11.80%
- 6M
- 24.56%
- YTD
- 31.16%
- 1Y
- 12.50%
- 3Y*
- 5.30%
- 5Y*
- 4.61%
- 10Y*
- 0.95%
DVN
- 1D
- 0.50%
- 1M
- -4.66%
- 6M
- 19.55%
- YTD
- 16.71%
- 1Y
- 27.54%
- 3Y*
- -2.77%
- 5Y*
- 13.19%
- 10Y*
- 4.23%
AGRO vs. DVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 31.16% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
DVN Devon Energy Corporation | 16.71% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -45.09% | -8.74% |
Correlation
The correlation between AGRO and DVN is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011 | 0.31 |
Fundamentals
AGRO:
$5.82B
DVN:
$26.24B
AGRO:
$0.03
DVN:
$5.12
AGRO:
366.37
DVN:
8.24
AGRO:
0.12
DVN:
0.63
AGRO:
3.48
DVN:
1.45
AGRO:
$1.50B
DVN:
$12.24B
AGRO:
$378.81M
DVN:
$2.67B
AGRO:
$466.25M
DVN:
$5.67B
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Return for Risk
AGRO vs. DVN — Risk / Return Rank
AGRO
DVN
AGRO vs. DVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adecoagro S.A. (AGRO) and Devon Energy Corporation (DVN). 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 | DVN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 1.25 | -0.84 |
| Martin ratioReturn relative to average drawdown | 1.04 | 3.40 | -2.36 |
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Drawdowns
AGRO vs. DVN - Drawdown Comparison
The maximum AGRO drawdown since its inception was -73.70%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for AGRO and DVN.
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Drawdown Indicators
| AGRO | DVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.70% | -94.93% | +21.23% |
Max Drawdown (1Y)Largest decline over 1 year | -39.99% | -22.15% | -17.84% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -49.22% | +9.23% |
Max Drawdown (5Y)Largest decline over 5 years | -45.34% | -61.45% | +16.11% |
Max Drawdown (10Y)Largest decline over 10 years | -72.07% | -88.51% | +16.44% |
Current DrawdownCurrent decline from peak | -32.08% | -45.58% | +13.50% |
Average DrawdownAverage peak-to-trough decline | -31.48% | -35.95% | +4.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.75% | 8.15% | +7.60% |
Volatility
AGRO vs. DVN - Volatility Comparison
Adecoagro S.A. (AGRO) has a higher volatility of 16.23% compared to Devon Energy Corporation (DVN) at 11.41%. This indicates that AGRO's price experiences larger fluctuations and is considered to be riskier than DVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGRO | DVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.23% | 11.41% | +4.82% |
Volatility (6M)Calculated over the trailing 6-month period | 40.67% | 25.77% | +14.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.55% | 33.75% | +14.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.03% | 40.87% | +1.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.97% | 49.49% | -9.52% |
Dividends
AGRO vs. DVN - Dividend Comparison
AGRO's dividend yield for the trailing twelve months is around 2.87%, more than DVN's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 2.87% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DVN Devon Energy Corporation | 2.46% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
Financials
AGRO vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between Adecoagro S.A. and Devon Energy 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. DVN - Profitability Comparison
AGRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
DVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Devon Energy Corporation reported a gross profit of 0.00 and revenue of 3.81M. Therefore, the gross margin over that period was 0.0%.
AGRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Adecoagro S.A. reported an operating income of 27.86M and revenue of 398.68M, resulting in an operating margin of 7.0%.
DVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Devon Energy Corporation reported an operating income of 0.00 and revenue of 3.81M, resulting in an operating margin of 0.0%.
AGRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Adecoagro S.A. reported a net income of 40.14M and revenue of 398.68M, resulting in a net margin of 10.1%.
DVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Devon Energy Corporation reported a net income of 120.00K and revenue of 3.81M, resulting in a net margin of 3.2%.
Frequently Asked Questions
AGRO and DVN have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRO has higher volatility (16.23%) compared to DVN (11.41%). In terms of maximum drawdown, AGRO dropped -73.70% vs DVN's -94.93%.
DVN currently has the higher Sharpe Ratio (0.82 vs 0.34), 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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