CNQ.TO vs. CVE.TO
Compare and contrast key facts about Canadian Natural Resources Limited (CNQ.TO) and Cenovus Energy Inc. (CVE.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNQ.TO or CVE.TO.
Key characteristics
| CNQ.TO | CVE.TO | |
|---|---|---|
| YTD Return | 20.12% | 23.93% |
| 1Y Return | 43.26% | 27.94% |
| 3Y Return (Ann) | 41.72% | 42.20% |
| 5Y Return (Ann) | 30.18% | 20.59% |
| 10Y Return (Ann) | 13.93% | 0.59% |
| Sharpe Ratio | 1.81 | 1.16 |
| Daily Std Dev | 25.01% | 25.92% |
| Max Drawdown | -76.20% | -92.84% |
| Current Drawdown | -8.37% | -9.49% |
Fundamentals
| CNQ.TO | CVE.TO | |
|---|---|---|
| Market Cap | CA$111.71B | CA$52.36B |
| EPS | CA$6.76 | CA$2.42 |
| PE Ratio | 15.47 | 11.60 |
| PEG Ratio | 0.33 | 0.28 |
| Revenue (TTM) | CA$35.58B | CA$53.34B |
| Gross Profit (TTM) | CA$23.61B | CA$16.00B |
| EBITDA (TTM) | CA$15.87B | CA$10.78B |
Correlation
The correlation between CNQ.TO and CVE.TO is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CNQ.TO vs. CVE.TO - Performance Comparison
In the year-to-date period, CNQ.TO achieves a 20.12% return, which is significantly lower than CVE.TO's 23.93% return. Over the past 10 years, CNQ.TO has outperformed CVE.TO with an annualized return of 13.93%, while CVE.TO has yielded a comparatively lower 0.59% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
CNQ.TO vs. CVE.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Natural Resources Limited (CNQ.TO) and Cenovus Energy Inc. (CVE.TO). 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.
Dividends
CNQ.TO vs. CVE.TO - Dividend Comparison
CNQ.TO's dividend yield for the trailing twelve months is around 3.73%, more than CVE.TO's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNQ.TO Canadian Natural Resources Limited | 3.73% | 4.26% | 6.04% | 3.58% | 5.33% | 3.43% | 3.90% | 2.35% | 2.11% | 2.96% | 2.44% | 1.56% |
CVE.TO Cenovus Energy Inc. | 2.55% | 2.38% | 1.77% | 0.56% | 0.81% | 1.61% | 2.08% | 1.74% | 0.99% | 4.87% | 4.44% | 3.18% |
Drawdowns
CNQ.TO vs. CVE.TO - Drawdown Comparison
The maximum CNQ.TO drawdown since its inception was -76.20%, smaller than the maximum CVE.TO drawdown of -92.84%. Use the drawdown chart below to compare losses from any high point for CNQ.TO and CVE.TO. For additional features, visit the drawdowns tool.
Volatility
CNQ.TO vs. CVE.TO - Volatility Comparison
The current volatility for Canadian Natural Resources Limited (CNQ.TO) is 4.66%, while Cenovus Energy Inc. (CVE.TO) has a volatility of 6.04%. This indicates that CNQ.TO experiences smaller price fluctuations and is considered to be less risky than CVE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CNQ.TO vs. CVE.TO - Financials Comparison
This section allows you to compare key financial metrics between Canadian Natural Resources Limited and Cenovus Energy Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities