AMZN vs. CVX
AMZN (Amazon.com, Inc) and CVX (Chevron Corporation) are both stocks. AMZN operates in Internet Retail (Consumer Cyclical), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, AMZN returned 20.83%/yr vs 10.94%/yr for CVX. At a 0.23 correlation, their price movements are largely independent.
Performance
AMZN vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, AMZN achieves a 3.35% return, which is significantly lower than CVX's 25.18% return. Over the past 10 years, AMZN has outperformed CVX with an annualized return of 20.83%, while CVX has yielded a comparatively lower 10.94% annualized return.
AMZN
- 1D
- -1.23%
- 1M
- -11.69%
- YTD
- 3.35%
- 6M
- 5.46%
- 1Y
- 11.87%
- 3Y*
- 23.49%
- 5Y*
- 7.35%
- 10Y*
- 20.83%
CVX
- 1D
- 0.75%
- 1M
- 1.58%
- YTD
- 25.18%
- 6M
- 27.20%
- 1Y
- 34.55%
- 3Y*
- 10.25%
- 5Y*
- 16.33%
- 10Y*
- 10.94%
AMZN vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 3.35% | 5.21% | 44.39% | 80.88% | -49.62% | 2.38% | 76.26% | 23.03% | 28.43% | 55.96% |
CVX Chevron Corporation | 25.18% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between AMZN and CVX is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2001 | 0.23 |
The correlation between AMZN and CVX shifts across timeframes, from -0.18 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AMZN:
$2.59T
CVX:
$371.80B
AMZN:
$8.37
CVX:
$5.75
AMZN:
28.50
CVX:
32.54
AMZN:
0.69
CVX:
3.17
AMZN:
3.48
CVX:
1.93
AMZN:
5.87
CVX:
2.02
AMZN:
$742.78B
CVX:
$185.89B
AMZN:
$348.59B
CVX:
$47.27B
AMZN:
$152.71B
CVX:
$40.44B
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Return for Risk
AMZN vs. CVX — Risk / Return Rank
AMZN
CVX
AMZN vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) 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.
| AMZN | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.27 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 2.48 | -1.93 |
| Martin ratioReturn relative to average drawdown | 1.29 | 6.10 | -4.80 |
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Drawdowns
AMZN vs. CVX - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for AMZN and CVX.
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Drawdown Indicators
| AMZN | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -55.77% | -38.63% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -13.99% | -7.75% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -20.64% | -10.24% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -24.95% | -31.20% |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | -55.77% | -0.38% |
Current DrawdownCurrent decline from peak | -13.25% | -10.52% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -28.19% | -11.39% | -16.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 5.68% | +3.53% |
Volatility
AMZN vs. CVX - Volatility Comparison
Amazon.com, Inc (AMZN) and Chevron Corporation (CVX) have volatilities of 7.92% and 7.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZN | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 7.62% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 20.73% | 17.86% | +2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 22.06% | +8.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 25.15% | +10.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 29.16% | +3.32% |
Dividends
AMZN vs. CVX - Dividend Comparison
AMZN has not paid dividends to shareholders, while CVX's dividend yield for the trailing twelve months is around 3.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZN Amazon.com, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CVX Chevron Corporation | 3.73% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
Financials
AMZN vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Amazon.com, Inc 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
AMZN vs. CVX - Profitability Comparison
AMZN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported a gross profit of 66.77B and revenue of 181.52B. Therefore, the gross margin over that period was 36.8%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a gross profit of 4.55B and revenue of 47.56B. Therefore, the gross margin over that period was 9.6%.
AMZN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported an operating income of 23.85B and revenue of 181.52B, resulting in an operating margin of 13.1%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported an operating income of 3.24B and revenue of 47.56B, resulting in an operating margin of 6.8%.
AMZN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amazon.com, Inc reported a net income of 30.26B and revenue of 181.52B, resulting in a net margin of 16.7%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a net income of 2.21B and revenue of 47.56B, resulting in a net margin of 4.7%.
Frequently Asked Questions
AMZN and CVX have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZN has higher volatility (7.92%) compared to CVX (7.62%). In terms of maximum drawdown, AMZN dropped -94.40% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (1.57 vs 0.40), 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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