CMS vs. DVN
Compare and contrast key facts about CMS Energy Corporation (CMS) and Devon Energy Corporation (DVN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMS or DVN.
Key characteristics
CMS | DVN | |
---|---|---|
YTD Return | 4.14% | 9.69% |
1Y Return | 2.61% | 6.66% |
3Y Return (Ann) | 2.54% | 36.45% |
5Y Return (Ann) | 4.54% | 14.56% |
10Y Return (Ann) | 10.91% | 0.05% |
Sharpe Ratio | 0.17 | 0.39 |
Daily Std Dev | 18.76% | 28.52% |
Max Drawdown | -91.20% | -94.94% |
Current Drawdown | -13.18% | -43.16% |
Fundamentals
CMS | DVN | |
---|---|---|
Market Cap | $17.61B | $30.71B |
EPS | $3.01 | $5.84 |
PE Ratio | 19.59 | 8.28 |
PEG Ratio | 2.28 | 0.40 |
Revenue (TTM) | $7.46B | $14.43B |
Gross Profit (TTM) | $2.76B | $11.33B |
EBITDA (TTM) | $2.47B | $7.48B |
Correlation
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
CMS Energy Corporation | 0.17 | ||||
Devon Energy Corporation | 0.27 |
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
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.