CL=F vs. FANG
Compare and contrast key facts about Crude Oil WTI (CL=F) and Diamondback Energy, Inc. (FANG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CL=F or FANG.
Key characteristics
| CL=F | FANG | |
|---|---|---|
| YTD Return | 11.74% | 30.90% |
| 1Y Return | 11.41% | 62.01% |
| 3Y Return (Ann) | 6.02% | 42.46% |
| 5Y Return (Ann) | 4.26% | 17.01% |
| 10Y Return (Ann) | -2.14% | 13.31% |
| Sharpe Ratio | 0.26 | 2.78 |
| Daily Std Dev | 27.48% | 22.85% |
| Max Drawdown | -93.11% | -88.72% |
| Current Drawdown | -44.90% | -4.14% |
Correlation
The correlation between CL=F and FANG is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CL=F vs. FANG - Performance Comparison
In the year-to-date period, CL=F achieves a 11.74% return, which is significantly lower than FANG's 30.90% return. Over the past 10 years, CL=F has underperformed FANG with an annualized return of -2.14%, while FANG has yielded a comparatively higher 13.31% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CL=F vs. FANG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crude Oil WTI (CL=F) and Diamondback Energy, Inc. (FANG). 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.
Drawdowns
CL=F vs. FANG - Drawdown Comparison
The maximum CL=F drawdown since its inception was -93.11%, roughly equal to the maximum FANG drawdown of -88.72%. Use the drawdown chart below to compare losses from any high point for CL=F and FANG. For additional features, visit the drawdowns tool.
Volatility
CL=F vs. FANG - Volatility Comparison
Crude Oil WTI (CL=F) and Diamondback Energy, Inc. (FANG) have volatilities of 5.26% and 5.26%, 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.