COP vs. DLR
COP (ConocoPhillips Company) and DLR (Digital Realty Trust, Inc.) are both stocks. COP operates in Oil & Gas E&P (Energy), while DLR operates in REIT - Specialty (Real Estate). Over the past 10 years, COP returned 13.66%/yr vs 9.89%/yr for DLR. At a 0.19 correlation, their price movements are largely independent.
Performance
COP vs. DLR - Performance Comparison
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Returns By Period
In the year-to-date period, COP achieves a 26.87% return, which is significantly higher than DLR's 19.87% return. Over the past 10 years, COP has outperformed DLR with an annualized return of 13.66%, while DLR has yielded a comparatively lower 9.89% annualized return.
COP
- 1D
- 1.40%
- 1M
- -4.44%
- YTD
- 26.87%
- 6M
- 24.31%
- 1Y
- 24.65%
- 3Y*
- 7.68%
- 5Y*
- 18.49%
- 10Y*
- 13.66%
DLR
- 1D
- 0.74%
- 1M
- -2.29%
- YTD
- 19.87%
- 6M
- 21.68%
- 1Y
- 7.91%
- 3Y*
- 24.63%
- 5Y*
- 6.15%
- 10Y*
- 9.89%
COP vs. DLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 26.87% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
DLR Digital Realty Trust, Inc. | 19.87% | -10.07% | 35.90% | 39.95% | -41.00% | 30.66% | 20.37% | 16.52% | -3.00% | 19.80% |
Correlation
The correlation between COP and DLR is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2004 | 0.19 |
The correlation between COP and DLR shifts across timeframes, from -0.06 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
COP:
$5.90
DLR:
$4.53
COP:
19.83
DLR:
40.63
COP:
1.15
DLR:
1.09
COP:
2.49
DLR:
9.48
COP:
$58.31B
DLR:
$5.09B
COP:
$17.02B
DLR:
$1.67B
COP:
$22.44B
DLR:
$3.18B
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Return for Risk
COP vs. DLR — Risk / Return Rank
COP
DLR
COP vs. DLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ConocoPhillips Company (COP) and Digital Realty Trust, Inc. (DLR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COP | DLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.07 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 0.44 | +1.42 |
| Martin ratioReturn relative to average drawdown | 4.08 | 1.09 | +2.99 |
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Drawdowns
COP vs. DLR - Drawdown Comparison
The maximum COP drawdown since its inception was -84.55%, which is greater than DLR's maximum drawdown of -56.80%. Use the drawdown chart below to compare losses from any high point for COP and DLR.
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Drawdown Indicators
| COP | DLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.55% | -56.80% | -27.75% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -16.83% | +1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -29.40% | -6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -48.52% | +12.33% |
Max Drawdown (10Y)Largest decline over 10 years | -70.66% | -48.52% | -22.14% |
Current DrawdownCurrent decline from peak | -11.92% | -9.67% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -25.49% | -11.13% | -14.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.80% | 6.82% | -0.02% |
Volatility
COP vs. DLR - Volatility Comparison
ConocoPhillips Company (COP) has a higher volatility of 8.72% compared to Digital Realty Trust, Inc. (DLR) at 7.62%. This indicates that COP's price experiences larger fluctuations and is considered to be riskier than DLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COP | DLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 7.62% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 23.05% | 16.30% | +6.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.33% | 22.76% | +6.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.80% | 28.58% | +4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.64% | 28.19% | +9.45% |
Dividends
COP vs. DLR - Dividend Comparison
COP's dividend yield for the trailing twelve months is around 2.82%, more than DLR's 2.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.82% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
DLR Digital Realty Trust, Inc. | 1.99% | 3.15% | 2.75% | 3.63% | 4.87% | 2.62% | 3.21% | 3.61% | 3.79% | 3.27% | 3.58% | 4.50% |
Financials
COP vs. DLR - Financials Comparison
This section allows you to compare key financial metrics between ConocoPhillips Company and Digital Realty Trust, 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
COP vs. DLR - Profitability Comparison
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
DLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Digital Realty Trust, Inc. reported a gross profit of 0.00 and revenue of 303.36M. Therefore, the gross margin over that period was 0.0%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
DLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Digital Realty Trust, Inc. reported an operating income of 195.64M and revenue of 303.36M, resulting in an operating margin of 64.5%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
DLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Digital Realty Trust, Inc. reported a net income of -12.46M and revenue of 303.36M, resulting in a net margin of -4.1%.
Frequently Asked Questions
COP and DLR have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COP has higher volatility (8.72%) compared to DLR (7.62%). In terms of maximum drawdown, COP dropped -84.55% vs DLR's -56.80%.
COP currently has the higher Sharpe Ratio (0.95 vs 0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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