CVE.TO vs. CNQ.TO
Compare and contrast key facts about Cenovus Energy Inc. (CVE.TO) and Canadian Natural Resources Limited (CNQ.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVE.TO or CNQ.TO.
Key characteristics
CVE.TO | CNQ.TO | |
---|---|---|
YTD Return | 3.67% | 13.70% |
1Y Return | -7.56% | 12.11% |
3Y Return (Ann) | 14.50% | 29.09% |
5Y Return (Ann) | 15.00% | 26.91% |
10Y Return (Ann) | -0.23% | 11.69% |
Sharpe Ratio | -0.17 | 0.53 |
Sortino Ratio | -0.05 | 0.88 |
Omega Ratio | 0.99 | 1.11 |
Calmar Ratio | -0.14 | 0.65 |
Martin Ratio | -0.38 | 1.36 |
Ulcer Index | 12.58% | 10.11% |
Daily Std Dev | 27.94% | 25.81% |
Max Drawdown | -92.84% | -79.68% |
Current Drawdown | -24.21% | -13.27% |
Fundamentals
CVE.TO | CNQ.TO | |
---|---|---|
Market Cap | CA$40.73B | CA$100.80B |
EPS | CA$1.99 | CA$3.52 |
PE Ratio | 11.21 | 13.55 |
PEG Ratio | 0.28 | 0.33 |
Total Revenue (TTM) | CA$55.67B | CA$37.25B |
Gross Profit (TTM) | CA$8.37B | CA$10.84B |
EBITDA (TTM) | CA$7.99B | CA$12.66B |
Correlation
The correlation between CVE.TO and CNQ.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
CVE.TO vs. CNQ.TO - Performance Comparison
In the year-to-date period, CVE.TO achieves a 3.67% return, which is significantly lower than CNQ.TO's 13.70% return. Over the past 10 years, CVE.TO has underperformed CNQ.TO with an annualized return of -0.23%, while CNQ.TO has yielded a comparatively higher 11.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CVE.TO vs. CNQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE.TO) and Canadian Natural Resources Limited (CNQ.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
CVE.TO vs. CNQ.TO - Dividend Comparison
CVE.TO's dividend yield for the trailing twelve months is around 3.50%, less than CNQ.TO's 4.37% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Cenovus Energy Inc. | 3.50% | 2.40% | 1.83% | 0.64% | 0.77% | 1.59% | 2.08% | 1.74% | 0.99% | 4.87% | 4.44% | 3.18% |
Canadian Natural Resources Limited | 4.37% | 4.26% | 6.08% | 3.66% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CVE.TO vs. CNQ.TO - Drawdown Comparison
The maximum CVE.TO drawdown since its inception was -92.84%, which is greater than CNQ.TO's maximum drawdown of -79.68%. Use the drawdown chart below to compare losses from any high point for CVE.TO and CNQ.TO. For additional features, visit the drawdowns tool.
Volatility
CVE.TO vs. CNQ.TO - Volatility Comparison
Cenovus Energy Inc. (CVE.TO) has a higher volatility of 8.50% compared to Canadian Natural Resources Limited (CNQ.TO) at 7.25%. This indicates that CVE.TO's price experiences larger fluctuations and is considered to be riskier than CNQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CVE.TO vs. CNQ.TO - Financials Comparison
This section allows you to compare key financial metrics between Cenovus Energy Inc. and Canadian Natural Resources Limited. 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