CHRD vs. APA
CHRD (Chord Energy Corp) and APA (Apache Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 5 years, CHRD returned 20.23%/yr vs 13.62%/yr for APA. A 0.74 correlation means they provide meaningful diversification when combined.
Performance
CHRD vs. APA - Performance Comparison
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Returns By Period
In the year-to-date period, CHRD achieves a 54.63% return, which is significantly lower than APA's 59.25% return.
CHRD
- 1D
- 1.91%
- 1M
- -4.96%
- YTD
- 54.63%
- 6M
- 49.52%
- 1Y
- 53.83%
- 3Y*
- 3.69%
- 5Y*
- 20.23%
- 10Y*
- —
APA
- 1D
- 1.38%
- 1M
- -8.78%
- YTD
- 59.25%
- 6M
- 44.54%
- 1Y
- 118.53%
- 3Y*
- 8.44%
- 5Y*
- 13.62%
- 10Y*
- -1.01%
CHRD vs. APA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CHRD Chord Energy Corp | 54.63% | -16.37% | -24.26% | 31.74% | 34.13% | 260.89% | 19.55% |
APA Apache Corporation | 59.25% | 11.54% | -33.44% | -21.24% | 76.44% | 90.76% | 24.04% |
Correlation
The correlation between CHRD and APA is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.74 |
The correlation between CHRD and APA has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.
Fundamentals
CHRD:
$7.98B
APA:
$13.57B
CHRD:
-$1.17
APA:
$4.28
CHRD:
1.51
APA:
1.59
CHRD:
0.99
APA:
2.10
CHRD:
$5.33B
APA:
$8.61B
CHRD:
$488.13M
APA:
$4.64B
CHRD:
$1.62B
APA:
$5.63B
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Return for Risk
CHRD vs. APA — Risk / Return Rank
CHRD
APA
CHRD vs. APA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chord Energy Corp (CHRD) and Apache Corporation (APA). 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.
| CHRD | APA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 6.12 | -3.92 |
| Martin ratioReturn relative to average drawdown | 4.81 | 15.27 | -10.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CHRD | APA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 2.59 | -1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.28 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.02 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.16 | +0.94 |
Drawdowns
CHRD vs. APA - Drawdown Comparison
The maximum CHRD drawdown since its inception was -53.91%, smaller than the maximum APA drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for CHRD and APA.
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Drawdown Indicators
| CHRD | APA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.91% | -96.73% | +42.82% |
Max Drawdown (1Y)Largest decline over 1 year | -24.58% | -19.49% | -5.09% |
Max Drawdown (3Y)Largest decline over 3 years | -53.91% | -67.45% | +13.54% |
Max Drawdown (5Y)Largest decline over 5 years | -53.91% | -70.47% | +16.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.49% | — |
Current DrawdownCurrent decline from peak | -16.11% | -63.60% | +47.49% |
Average DrawdownAverage peak-to-trough decline | -16.55% | -40.33% | +23.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.22% | 7.79% | +3.43% |
Volatility
CHRD vs. APA - Volatility Comparison
The current volatility for Chord Energy Corp (CHRD) is 11.49%, while Apache Corporation (APA) has a volatility of 14.44%. This indicates that CHRD experiences smaller price fluctuations and is considered to be less risky than APA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHRD | APA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.49% | 14.44% | -2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 28.92% | 33.36% | -4.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.76% | 46.29% | -8.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.53% | 48.48% | -8.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.20% | 58.39% | -18.19% |
Dividends
CHRD vs. APA - Dividend Comparison
CHRD's dividend yield for the trailing twelve months is around 3.70%, more than APA's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APA Apache Corporation | 2.61% | 4.09% | 4.33% | 2.79% | 1.34% | 0.51% | 2.29% | 3.91% | 3.81% | 2.37% | 1.58% | 2.25% |
CHRD Chord Energy Corp | 3.70% | 5.61% | 10.13% | 7.15% | 19.76% | 4.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CHRD vs. APA - Financials Comparison
This section allows you to compare key financial metrics between Chord Energy Corp and Apache 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
CHRD vs. APA - Profitability Comparison
CHRD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chord Energy Corp reported a gross profit of 0.00 and revenue of 1.67B. Therefore, the gross margin over that period was 0.0%.
APA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apache Corporation reported a gross profit of 2.25B and revenue of 2.33B. Therefore, the gross margin over that period was 96.8%.
CHRD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chord Energy Corp reported an operating income of 333.22M and revenue of 1.67B, resulting in an operating margin of 20.0%.
APA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apache Corporation reported an operating income of 999.00M and revenue of 2.33B, resulting in an operating margin of 42.9%.
CHRD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chord Energy Corp reported a net income of 108.61M and revenue of 1.67B, resulting in a net margin of 6.5%.
APA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apache Corporation reported a net income of 446.00M and revenue of 2.33B, resulting in a net margin of 19.2%.
Frequently Asked Questions
CHRD and APA have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APA has higher volatility (14.44%) compared to CHRD (11.49%). In terms of maximum drawdown, CHRD dropped -53.91% vs APA's -96.73%.
APA currently has the higher Sharpe Ratio (2.59 vs 1.44), 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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