CL=F vs. SLB
Compare and contrast key facts about Crude Oil WTI (CL=F) and Schlumberger Limited (SLB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CL=F or SLB.
Correlation
The correlation between CL=F and SLB is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CL=F vs. SLB - Performance Comparison
Key characteristics
CL=F:
-0.53
SLB:
-0.86
CL=F:
-0.56
SLB:
-1.13
CL=F:
0.93
SLB:
0.85
CL=F:
-0.27
SLB:
-0.47
CL=F:
-1.09
SLB:
-1.89
CL=F:
14.59%
SLB:
15.81%
CL=F:
29.08%
SLB:
34.86%
CL=F:
-93.11%
SLB:
-87.63%
CL=F:
-55.48%
SLB:
-60.07%
Returns By Period
In the year-to-date period, CL=F achieves a -9.22% return, which is significantly lower than SLB's -7.79% return. Over the past 10 years, CL=F has outperformed SLB with an annualized return of 1.40%, while SLB has yielded a comparatively lower -6.55% annualized return.
CL=F
-9.22%
-3.69%
-6.56%
-21.82%
24.92%
1.40%
SLB
-7.79%
-14.53%
-15.13%
-29.25%
20.60%
-6.55%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CL=F vs. SLB — Risk-Adjusted Performance Rank
CL=F
SLB
CL=F vs. SLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crude Oil WTI (CL=F) and Schlumberger Limited (SLB). 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. SLB - Drawdown Comparison
The maximum CL=F drawdown since its inception was -93.11%, which is greater than SLB's maximum drawdown of -87.63%. Use the drawdown chart below to compare losses from any high point for CL=F and SLB. For additional features, visit the drawdowns tool.
Volatility
CL=F vs. SLB - Volatility Comparison
The current volatility for Crude Oil WTI (CL=F) is 13.79%, while Schlumberger Limited (SLB) has a volatility of 22.88%. This indicates that CL=F experiences smaller price fluctuations and is considered to be less risky than SLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.