CHWY vs. VDE

Last updated Jun 5, 2026

CHWY (Chewy, Inc.) is a stock, while VDE (Vanguard Energy ETF) is Energy Equities fund tracking the MSCI US Investable Market Energy 25/50 Index. Over the past 5 years, CHWY returned -22.65%/yr vs 20.47%/yr for VDE. At a 0.06 correlation, their price movements are largely independent.

Performance

CHWY vs. VDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chewy, Inc. (CHWY) and Vanguard Energy ETF (VDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHWY achieves a -37.00% return, which is significantly lower than VDE's 32.48% return.

CHWY

• 1D: -1.05%
• 1M: -15.16%
• YTD: -37.00%
• 6M: -37.46%
• 1Y: -55.96%
• 3Y*: -17.29%
• 5Y*: -22.65%
• 10Y*: —

VDE

• 1D: 0.18%
• 1M: -1.99%
• YTD: 32.48%
• 6M: 28.99%
• 1Y: 48.54%
• 3Y*: 18.32%
• 5Y*: 20.47%
• 10Y*: 9.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHWY vs. VDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CHWY Chewy, Inc.	-37.00%	-1.31%	41.73%	-36.27%	-37.12%	-34.40%	209.97%	-17.12%
VDE Vanguard Energy ETF	32.48%	7.11%	6.75%	0.03%	62.89%	56.31%	-33.02%	3.07%

Correlation

The correlation between CHWY and VDE is -0.11, 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	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Jun 17, 2019	0.06

The correlation between CHWY and VDE shifts across timeframes, from -0.11 (1 year) to 0.09 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CHWY vs. VDE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHWY

CHWY Risk / Return Rank: 3
CHWY Sharpe Ratio Rank: 2
CHWY Sortino Ratio Rank: 2
CHWY Omega Ratio Rank: 3
CHWY Calmar Ratio Rank: 4
CHWY Martin Ratio Rank: 4

VDE

VDE Risk / Return Rank: 71
VDE Sharpe Ratio Rank: 75
VDE Sortino Ratio Rank: 68
VDE Omega Ratio Rank: 65
VDE Calmar Ratio Rank: 81
VDE Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHWY vs. VDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chewy, Inc. (CHWY) and Vanguard Energy ETF (VDE). 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.

	CHWY	VDE	Difference
Sharpe ratio: Return per unit of total volatility	-1.21	2.41	-3.62
Sortino ratio: Return per unit of downside risk	-2.00	3.06	-5.06
Omega ratio: Gain probability vs. loss probability	0.76	1.39	-0.62
Calmar ratio: Return relative to maximum drawdown	-0.95	4.13	-5.08
Martin ratio: Return relative to average drawdown	-1.61	12.11	-13.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHWY vs. VDE - Sharpe Ratio Comparison

The current CHWY Sharpe Ratio is -1.21, which is lower than the VDE Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of CHWY and VDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CHWY	VDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.21	2.41	-3.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.38	0.78	-1.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.28	-0.40

Drawdowns

CHWY vs. VDE - Drawdown Comparison

The maximum CHWY drawdown since its inception was -87.37%, which is greater than VDE's maximum drawdown of -74.20%. Use the drawdown chart below to compare losses from any high point for CHWY and VDE.

Drawdown Indicators

	CHWY	VDE	Difference
Max Drawdown Largest peak-to-trough decline	-87.37%	-74.20%	-13.17%
Max Drawdown (1Y) Largest decline over 1 year	-59.22%	-11.80%	-47.42%
Max Drawdown (3Y) Largest decline over 3 years	-63.01%	-21.41%	-41.60%
Max Drawdown (5Y) Largest decline over 5 years	-84.34%	-26.58%	-57.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.29%	—
Current Drawdown Current decline from peak	-82.46%	-6.27%	-76.19%
Average Drawdown Average peak-to-trough decline	-54.10%	-19.96%	-34.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.81%	4.02%	+30.79%

Volatility

CHWY vs. VDE - Volatility Comparison

Chewy, Inc. (CHWY) has a higher volatility of 15.34% compared to Vanguard Energy ETF (VDE) at 7.99%. This indicates that CHWY's price experiences larger fluctuations and is considered to be riskier than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHWY	VDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.34%	7.99%	+7.35%
Volatility (6M) Calculated over the trailing 6-month period	34.14%	16.27%	+17.87%
Volatility (1Y) Calculated over the trailing 1-year period	46.28%	20.34%	+25.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.58%	26.40%	+34.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.20%	29.93%	+31.27%

Dividends

CHWY vs. VDE - Dividend Comparison

CHWY has not paid dividends to shareholders, while VDE's dividend yield for the trailing twelve months is around 2.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHWY Chewy, 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%
VDE Vanguard Energy ETF	2.37%	3.11%	3.23%	3.34%	3.65%	4.13%	4.76%	3.42%	3.35%	2.90%	2.31%	3.17%

Frequently Asked Questions

Can I hold both CHWY and VDE in my portfolio?

CHWY and VDE have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHWY or VDE?

CHWY has higher volatility (15.34%) compared to VDE (7.99%). In terms of maximum drawdown, CHWY dropped -87.37% vs VDE's -74.20%.

Which has better risk-adjusted returns?

VDE currently has the higher Sharpe Ratio (2.41 vs -1.21), 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.