COP vs. WDAY
COP (ConocoPhillips Company) and WDAY (Workday, Inc.) are both stocks. COP operates in Oil & Gas E&P (Energy), while WDAY operates in Software - Application (Technology). Over the past 10 years, COP returned 13.80%/yr vs 6.36%/yr for WDAY. At a 0.17 correlation, their price movements are largely independent.
Performance
COP vs. WDAY - Performance Comparison
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Returns By Period
In the year-to-date period, COP achieves a 28.95% return, which is significantly higher than WDAY's -33.07% return. Over the past 10 years, COP has outperformed WDAY with an annualized return of 13.80%, while WDAY has yielded a comparatively lower 6.36% annualized return.
COP
- 1D
- 1.49%
- 1M
- 5.18%
- YTD
- 28.95%
- 6M
- 29.96%
- 1Y
- 40.83%
- 3Y*
- 8.10%
- 5Y*
- 18.98%
- 10Y*
- 13.80%
WDAY
- 1D
- -0.36%
- 1M
- 12.46%
- YTD
- -33.07%
- 6M
- -34.95%
- 1Y
- -43.11%
- 3Y*
- -11.07%
- 5Y*
- -8.61%
- 10Y*
- 6.36%
COP vs. WDAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 28.95% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
WDAY Workday, Inc. | -33.07% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | 2.99% | 56.95% | 53.94% |
Correlation
The correlation between COP and WDAY is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2012 | 0.17 |
Fundamentals
COP:
$145.64B
WDAY:
$36.56B
COP:
$5.90
WDAY:
$3.20
COP:
20.15
WDAY:
44.88
COP:
1.16
WDAY:
0.03
COP:
2.53
WDAY:
3.86
COP:
2.26
WDAY:
5.47
COP:
$58.31B
WDAY:
$9.85B
COP:
$17.02B
WDAY:
$7.66B
COP:
$22.44B
WDAY:
$1.57B
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Return for Risk
COP vs. WDAY — Risk / Return Rank
COP
WDAY
COP vs. WDAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ConocoPhillips Company (COP) and Workday, Inc. (WDAY). 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.
| COP | WDAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.40 | ||
| Sortino ratioReturn per unit of downside risk | +3.44 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.82 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | -0.78 | +3.53 |
| Martin ratioReturn relative to average drawdown | 6.17 | -1.46 | +7.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COP | WDAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | -1.00 | +2.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | -0.22 | +0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.16 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.21 | +0.01 |
Drawdowns
COP vs. WDAY - Drawdown Comparison
The maximum COP drawdown since its inception was -84.55%, which is greater than WDAY's maximum drawdown of -63.38%. Use the drawdown chart below to compare losses from any high point for COP and WDAY.
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Drawdown Indicators
| COP | WDAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.55% | -63.38% | -21.17% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -55.52% | +40.62% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -63.38% | +27.19% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -63.38% | +27.19% |
Max Drawdown (10Y)Largest decline over 10 years | -70.66% | -63.38% | -7.28% |
Current DrawdownCurrent decline from peak | -10.48% | -53.20% | +42.72% |
Average DrawdownAverage peak-to-trough decline | -25.48% | -20.93% | -4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 29.64% | -23.01% |
Volatility
COP vs. WDAY - Volatility Comparison
The current volatility for ConocoPhillips Company (COP) is 7.55%, while Workday, Inc. (WDAY) has a volatility of 19.95%. This indicates that COP experiences smaller price fluctuations and is considered to be less risky than WDAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COP | WDAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.55% | 19.95% | -12.40% |
Volatility (6M)Calculated over the trailing 6-month period | 22.71% | 37.34% | -14.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.22% | 43.49% | -14.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.73% | 38.94% | -6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.65% | 38.91% | -1.26% |
Dividends
COP vs. WDAY - Dividend Comparison
COP's dividend yield for the trailing twelve months is around 2.78%, while WDAY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.78% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
WDAY Workday, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
COP vs. WDAY - Financials Comparison
This section allows you to compare key financial metrics between ConocoPhillips Company and Workday, 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. WDAY - 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%.
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Workday, Inc. reported a gross profit of 2.13B and revenue of 2.54B. Therefore, the gross margin over that period was 83.8%.
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%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
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%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
Frequently Asked Questions
COP and WDAY have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.95%) compared to COP (7.55%). In terms of maximum drawdown, COP dropped -84.55% vs WDAY's -63.38%.
COP currently has the higher Sharpe Ratio (1.41 vs -1.00), 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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