CRC vs. SPXC
CRC (California Resources Corporation) and SPXC (SPX Corporation) are both stocks. CRC operates in Oil & Gas E&P (Energy), while SPXC operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, CRC returned 14.04%/yr vs 31.42%/yr for SPXC. At a 0.24 correlation, their price movements are largely independent.
Performance
CRC vs. SPXC - Performance Comparison
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Returns By Period
In the year-to-date period, CRC achieves a 28.87% return, which is significantly higher than SPXC's 16.71% return.
CRC
- 1D
- -3.41%
- 1M
- -4.09%
- YTD
- 28.87%
- 6M
- 22.22%
- 1Y
- 26.74%
- 3Y*
- 14.50%
- 5Y*
- 14.04%
- 10Y*
- —
SPXC
- 1D
- 4.41%
- 1M
- 17.34%
- YTD
- 16.71%
- 6M
- 3.88%
- 1Y
- 45.38%
- 3Y*
- 40.55%
- 5Y*
- 31.42%
- 10Y*
- 31.60%
CRC vs. SPXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CRC California Resources Corporation | 28.87% | -10.78% | -2.57% | 28.85% | 3.69% | 81.82% | 18.25% |
SPXC SPX Corporation | 16.71% | 37.48% | 44.06% | 53.86% | 10.00% | 9.42% | 16.46% |
Correlation
The correlation between CRC and SPXC is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2020 | 0.24 |
The correlation between CRC and SPXC shifts across timeframes, from -0.11 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CRC:
$4.17
SPXC:
$5.19
CRC:
13.64
SPXC:
45.00
CRC:
1.42
SPXC:
4.85
CRC:
$3.48B
SPXC:
$2.35B
CRC:
$1.30B
SPXC:
$909.30M
CRC:
$1.34B
SPXC:
$475.30M
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Return for Risk
CRC vs. SPXC — Risk / Return Rank
CRC
SPXC
CRC vs. SPXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for California Resources Corporation (CRC) and SPX Corporation (SPXC). 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.
| CRC | SPXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.23 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 1.97 | -0.85 |
| Martin ratioReturn relative to average drawdown | 2.32 | 5.04 | -2.72 |
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Drawdowns
CRC vs. SPXC - Drawdown Comparison
The maximum CRC drawdown since its inception was -44.75%, smaller than the maximum SPXC drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for CRC and SPXC.
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Drawdown Indicators
| CRC | SPXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.75% | -81.12% | +36.37% |
Max Drawdown (1Y)Largest decline over 1 year | -24.04% | -23.15% | -0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -44.75% | -33.54% | -11.21% |
Max Drawdown (5Y)Largest decline over 5 years | -44.75% | -38.32% | -6.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.26% | — |
Current DrawdownCurrent decline from peak | -18.38% | -3.93% | -14.45% |
Average DrawdownAverage peak-to-trough decline | -11.93% | -29.01% | +17.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.55% | 9.04% | +2.51% |
Volatility
CRC vs. SPXC - Volatility Comparison
The current volatility for California Resources Corporation (CRC) is 9.92%, while SPX Corporation (SPXC) has a volatility of 11.22%. This indicates that CRC experiences smaller price fluctuations and is considered to be less risky than SPXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRC | SPXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.92% | 11.22% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 27.69% | 28.23% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.48% | 36.72% | -1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.42% | 35.15% | +5.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.70% | 37.47% | +7.23% |
Dividends
CRC vs. SPXC - Dividend Comparison
CRC's dividend yield for the trailing twelve months is around 2.82%, while SPXC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRC California Resources Corporation | 2.82% | 3.51% | 2.69% | 2.12% | 1.82% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 386.22% |
Financials
CRC vs. SPXC - Financials Comparison
This section allows you to compare key financial metrics between California Resources Corporation and SPX Corporation. 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
CRC vs. SPXC - Profitability Comparison
CRC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported a gross profit of 309.00M and revenue of 871.00M. Therefore, the gross margin over that period was 35.5%.
SPXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a gross profit of 230.60M and revenue of 566.80M. Therefore, the gross margin over that period was 40.7%.
CRC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported an operating income of 159.00M and revenue of 871.00M, resulting in an operating margin of 18.3%.
SPXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported an operating income of 87.70M and revenue of 566.80M, resulting in an operating margin of 15.5%.
CRC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported a net income of 12.00M and revenue of 871.00M, resulting in a net margin of 1.4%.
SPXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a net income of 59.90M and revenue of 566.80M, resulting in a net margin of 10.6%.
Frequently Asked Questions
CRC and SPXC have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPXC has higher volatility (11.22%) compared to CRC (9.92%). In terms of maximum drawdown, CRC dropped -44.75% vs SPXC's -81.12%.
SPXC currently has the higher Sharpe Ratio (1.24 vs 0.76), 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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