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CVE vs. APA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CVE and APA is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

CVE vs. APA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cenovus Energy Inc. (CVE) and Apache Corporation (APA). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-30.33%
-78.49%
CVE
APA

Key characteristics

Sharpe Ratio

CVE:

-1.09

APA:

-0.94

Sortino Ratio

CVE:

-1.55

APA:

-1.27

Omega Ratio

CVE:

0.80

APA:

0.82

Calmar Ratio

CVE:

-0.64

APA:

-0.53

Martin Ratio

CVE:

-1.71

APA:

-1.78

Ulcer Index

CVE:

23.94%

APA:

26.21%

Daily Std Dev

CVE:

37.67%

APA:

49.91%

Max Drawdown

CVE:

-95.01%

APA:

-96.73%

Current Drawdown

CVE:

-58.69%

APA:

-85.09%

Fundamentals

Market Cap

CVE:

$22.15B

APA:

$5.88B

EPS

CVE:

$1.21

APA:

$2.27

PE Ratio

CVE:

10.01

APA:

7.16

PEG Ratio

CVE:

0.45

APA:

0.17

PS Ratio

CVE:

0.41

APA:

0.62

PB Ratio

CVE:

1.04

APA:

1.07

Total Revenue (TTM)

CVE:

$44.33B

APA:

$7.79B

Gross Profit (TTM)

CVE:

$8.42B

APA:

$3.26B

EBITDA (TTM)

CVE:

$6.68B

APA:

$3.30B

Returns By Period

In the year-to-date period, CVE achieves a -19.48% return, which is significantly higher than APA's -27.26% return. Over the past 10 years, CVE has outperformed APA with an annualized return of -2.61%, while APA has yielded a comparatively lower -11.10% annualized return.


CVE

YTD

-19.48%

1M

-15.17%

6M

-27.21%

1Y

-41.01%

5Y*

34.21%

10Y*

-2.61%

APA

YTD

-27.26%

1M

-21.24%

6M

-32.33%

1Y

-47.16%

5Y*

11.37%

10Y*

-11.10%

*Annualized

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Risk-Adjusted Performance

CVE vs. APA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CVE
The Risk-Adjusted Performance Rank of CVE is 66
Overall Rank
The Sharpe Ratio Rank of CVE is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of CVE is 55
Sortino Ratio Rank
The Omega Ratio Rank of CVE is 66
Omega Ratio Rank
The Calmar Ratio Rank of CVE is 1212
Calmar Ratio Rank
The Martin Ratio Rank of CVE is 44
Martin Ratio Rank

APA
The Risk-Adjusted Performance Rank of APA is 88
Overall Rank
The Sharpe Ratio Rank of APA is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of APA is 88
Sortino Ratio Rank
The Omega Ratio Rank of APA is 88
Omega Ratio Rank
The Calmar Ratio Rank of APA is 1818
Calmar Ratio Rank
The Martin Ratio Rank of APA is 33
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CVE vs. APA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE) and Apache Corporation (APA). 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.


The chart of Sharpe ratio for CVE, currently valued at -1.09, compared to the broader market-2.00-1.000.001.002.003.00
CVE: -1.09
APA: -0.94
The chart of Sortino ratio for CVE, currently valued at -1.55, compared to the broader market-6.00-4.00-2.000.002.004.00
CVE: -1.55
APA: -1.27
The chart of Omega ratio for CVE, currently valued at 0.80, compared to the broader market0.501.001.502.00
CVE: 0.80
APA: 0.82
The chart of Calmar ratio for CVE, currently valued at -0.64, compared to the broader market0.001.002.003.004.005.00
CVE: -0.64
APA: -0.54
The chart of Martin ratio for CVE, currently valued at -1.71, compared to the broader market-5.000.005.0010.0015.0020.00
CVE: -1.71
APA: -1.78

The current CVE Sharpe Ratio is -1.09, which is comparable to the APA Sharpe Ratio of -0.94. The chart below compares the historical Sharpe Ratios of CVE and APA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.00NovemberDecember2025FebruaryMarchApril
-1.09
-0.94
CVE
APA

Dividends

CVE vs. APA - Dividend Comparison

CVE's dividend yield for the trailing twelve months is around 5.10%, less than APA's 6.12% yield.


TTM20242023202220212020201920182017201620152014
CVE
Cenovus Energy Inc.
5.10%3.92%2.33%1.81%0.57%0.75%1.58%2.17%1.70%1.01%5.25%4.64%
APA
Apache Corporation
6.12%4.33%2.79%1.34%0.51%2.29%3.91%3.81%2.37%1.58%2.25%1.52%

Drawdowns

CVE vs. APA - Drawdown Comparison

The maximum CVE drawdown since its inception was -95.01%, roughly equal to the maximum APA drawdown of -96.73%. Use the drawdown chart below to compare losses from any high point for CVE and APA. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%NovemberDecember2025FebruaryMarchApril
-58.69%
-83.91%
CVE
APA

Volatility

CVE vs. APA - Volatility Comparison

The current volatility for Cenovus Energy Inc. (CVE) is 24.13%, while Apache Corporation (APA) has a volatility of 35.01%. This indicates that CVE experiences smaller price fluctuations and is considered to be less risky than APA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
24.13%
35.01%
CVE
APA

Financials

CVE vs. APA - Financials Comparison

This section allows you to compare key financial metrics between Cenovus Energy Inc. and Apache 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items