AXP vs. CVX
AXP (American Express Company) and CVX (Chevron Corporation) are both stocks. AXP operates in Credit Services (Financial Services), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, AXP returned 20.37%/yr vs 9.70%/yr for CVX. At a 0.41 correlation, their price movements are largely independent.
Performance
AXP vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, AXP achieves a -4.46% return, which is significantly lower than CVX's 17.94% return. Over the past 10 years, AXP has outperformed CVX with an annualized return of 20.37%, while CVX has yielded a comparatively lower 9.70% annualized return.
AXP
- 1D
- 1.11%
- 1M
- 8.02%
- 6M
- -6.11%
- YTD
- -4.46%
- 1Y
- 10.91%
- 3Y*
- 27.62%
- 5Y*
- 16.72%
- 10Y*
- 20.37%
CVX
- 1D
- 1.35%
- 1M
- -5.78%
- 6M
- 10.89%
- YTD
- 17.94%
- 1Y
- 18.34%
- 3Y*
- 8.17%
- 5Y*
- 15.79%
- 10Y*
- 9.70%
AXP vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | -4.46% | 25.99% | 60.32% | 28.67% | -8.52% | 36.88% | -1.14% | 32.52% | -2.62% | 36.22% |
CVX Chevron Corporation | 17.94% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between AXP and CVX is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2001 | 0.41 |
The correlation between AXP and CVX shifts across timeframes, from -0.05 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
Fundamentals
AXP:
$239.21B
CVX:
$351.32B
AXP:
$16.28
CVX:
$5.57
AXP:
21.53
CVX:
31.67
AXP:
1.83
CVX:
3.08
AXP:
2.93
CVX:
1.88
AXP:
7.07
CVX:
1.91
AXP:
$82.41B
CVX:
$185.89B
AXP:
$68.81B
CVX:
$47.27B
AXP:
$18.41B
CVX:
$40.44B
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Return for Risk
AXP vs. CVX — Risk / Return Rank
AXP
CVX
AXP vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Express Company (AXP) 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.
| AXP | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.16 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 0.93 | -0.55 |
| Martin ratioReturn relative to average drawdown | 0.79 | 2.63 | -1.84 |
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Drawdowns
AXP vs. CVX - Drawdown Comparison
The maximum AXP drawdown since its inception was -83.91%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for AXP and CVX.
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Drawdown Indicators
| AXP | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.91% | -55.77% | -28.14% |
Max Drawdown (1Y)Largest decline over 1 year | -23.90% | -20.81% | -3.09% |
Max Drawdown (3Y)Largest decline over 3 years | -28.76% | -20.81% | -7.95% |
Max Drawdown (5Y)Largest decline over 5 years | -31.55% | -24.95% | -6.60% |
Max Drawdown (10Y)Largest decline over 10 years | -49.64% | -55.77% | +6.13% |
Current DrawdownCurrent decline from peak | -8.17% | -15.69% | +7.52% |
Average DrawdownAverage peak-to-trough decline | -22.03% | -11.40% | -10.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.43% | 7.32% | +4.11% |
Volatility
AXP vs. CVX - Volatility Comparison
American Express Company (AXP) and Chevron Corporation (CVX) have volatilities of 7.95% and 8.03%, 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
| AXP | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.95% | 8.03% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 20.87% | 17.67% | +3.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.71% | 22.53% | +4.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.51% | 25.16% | +4.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.77% | 29.21% | +2.56% |
Dividends
AXP vs. CVX - Dividend Comparison
AXP's dividend yield for the trailing twelve months is around 1.01%, less than CVX's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | 1.01% | 0.85% | 0.91% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% |
CVX Chevron Corporation | 3.96% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
Financials
AXP vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between American Express Company 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
AXP vs. CVX - Profitability Comparison
AXP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, American Express Company reported a gross profit of 17.66B and revenue of 20.88B. Therefore, the gross margin over that period was 84.6%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
AXP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, American Express Company reported an operating income of 6.60B and revenue of 20.88B, resulting in an operating margin of 31.6%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Chevron Corporation reported an operating income of 3.24B and revenue of 47.56B, resulting in an operating margin of 6.8%.
AXP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, American Express Company reported a net income of 2.97B and revenue of 20.88B, resulting in a net margin of 14.2%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
AXP and CVX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVX has higher volatility (8.03%) compared to AXP (7.95%). In terms of maximum drawdown, AXP dropped -83.91% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (0.86 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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