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CMS vs. DVN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CMSDVN
YTD Return4.14%9.69%
1Y Return2.61%6.66%
3Y Return (Ann)2.54%36.45%
5Y Return (Ann)4.54%14.56%
10Y Return (Ann)10.91%0.05%
Sharpe Ratio0.170.39
Daily Std Dev18.76%28.52%
Max Drawdown-91.20%-94.94%
Current Drawdown-13.18%-43.16%

Fundamentals


CMSDVN
Market Cap$17.61B$30.71B
EPS$3.01$5.84
PE Ratio19.598.28
PEG Ratio2.280.40
Revenue (TTM)$7.46B$14.43B
Gross Profit (TTM)$2.76B$11.33B
EBITDA (TTM)$2.47B$7.48B

Correlation

0.16
-1.001.00

The correlation between CMS and DVN is 0.16, 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

CMS vs. DVN - Performance Comparison

In the year-to-date period, CMS achieves a 4.14% return, which is significantly lower than DVN's 9.69% return. Over the past 10 years, CMS has outperformed DVN with an annualized return of 10.91%, while DVN has yielded a comparatively lower 0.05% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


1,000.00%1,500.00%2,000.00%2,500.00%OctoberNovemberDecember2024FebruaryMarch
819.41%
2,692.46%
CMS
DVN

Compare stocks, funds, or ETFs


CMS Energy Corporation

Devon Energy Corporation

Risk-Adjusted Performance

CMS vs. DVN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for CMS Energy Corporation (CMS) and Devon Energy Corporation (DVN). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
CMS
CMS Energy Corporation
0.17
DVN
Devon Energy Corporation
0.27

CMS vs. DVN - Sharpe Ratio Comparison

The current CMS Sharpe Ratio is 0.17, which is lower than the DVN Sharpe Ratio of 0.27. The chart below compares the 12-month rolling Sharpe Ratio of CMS and DVN.


Rolling 12-month Sharpe Ratio-1.00-0.500.00OctoberNovemberDecember2024FebruaryMarch
0.17
0.27
CMS
DVN

Dividends

CMS vs. DVN - Dividend Comparison

CMS's dividend yield for the trailing twelve months is around 3.30%, less than DVN's 4.89% yield.


TTM20232022202120202019201820172016201520142013
CMS
CMS Energy Corporation
3.30%3.36%2.91%2.67%2.67%2.43%2.88%2.81%2.98%3.22%3.11%3.81%
DVN
Devon Energy Corporation
4.89%6.34%8.41%4.51%4.30%1.35%1.29%0.48%0.85%3.00%1.54%1.39%

Drawdowns

CMS vs. DVN - Drawdown Comparison

The maximum CMS drawdown since its inception was -91.20%, roughly equal to the maximum DVN drawdown of -94.94%. The drawdown chart below compares losses from any high point along the way for CMS and DVN


-50.00%-40.00%-30.00%-20.00%-10.00%OctoberNovemberDecember2024FebruaryMarch
-13.18%
-43.16%
CMS
DVN

Volatility

CMS vs. DVN - Volatility Comparison

CMS Energy Corporation (CMS) has a higher volatility of 4.86% compared to Devon Energy Corporation (DVN) at 3.97%. This indicates that CMS's price experiences larger fluctuations and is considered to be riskier than DVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
4.86%
3.97%
CMS
DVN