CVEO vs. CHDN
CVEO (Civeo Corporation) and CHDN (Churchill Downs Incorporated) are both stocks. CVEO operates in Specialty Business Services (Industrials), while CHDN operates in Gambling (Consumer Cyclical). Over the past 10 years, CVEO returned 5.20%/yr vs 16.06%/yr for CHDN. At a 0.21 correlation, their price movements are largely independent.
Performance
CVEO vs. CHDN - Performance Comparison
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Returns By Period
In the year-to-date period, CVEO achieves a 45.78% return, which is significantly higher than CHDN's -24.13% return. Over the past 10 years, CVEO has underperformed CHDN with an annualized return of 5.20%, while CHDN has yielded a comparatively higher 16.06% annualized return.
CVEO
- 1D
- 1.28%
- 1M
- -0.77%
- YTD
- 45.78%
- 6M
- 41.63%
- 1Y
- 53.01%
- 3Y*
- 23.68%
- 5Y*
- 15.70%
- 10Y*
- 5.20%
CHDN
- 1D
- -0.03%
- 1M
- 1.41%
- YTD
- -24.13%
- 6M
- -24.23%
- 1Y
- -13.20%
- 3Y*
- -12.61%
- 5Y*
- -2.79%
- 10Y*
- 16.06%
CVEO vs. CHDN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVEO Civeo Corporation | 45.78% | 1.59% | 3.58% | -24.85% | 62.23% | 37.91% | -10.21% | -9.79% | -47.62% | 24.09% |
CHDN Churchill Downs Incorporated | -24.13% | -14.47% | -0.74% | 28.06% | -11.95% | 24.05% | 42.47% | 69.49% | 5.47% | 55.74% |
Correlation
The correlation between CVEO and CHDN is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since May 19, 2014 | 0.21 |
Fundamentals
CVEO:
-$1.48
CHDN:
$5.44
CVEO:
0.47
CHDN:
2.09
CVEO:
$667.47M
CHDN:
$2.95B
CVEO:
$49.04M
CHDN:
$793.10M
CVEO:
$73.11M
CHDN:
$983.60M
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Return for Risk
CVEO vs. CHDN — Risk / Return Rank
CVEO
CHDN
CVEO vs. CHDN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Civeo Corporation (CVEO) and Churchill Downs Incorporated (CHDN). 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.
| CVEO | CHDN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.79 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.95 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | -0.45 | +3.06 |
| Martin ratioReturn relative to average drawdown | 7.36 | -0.77 | +8.14 |
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Drawdowns
CVEO vs. CHDN - Drawdown Comparison
The maximum CVEO drawdown since its inception was -98.72%, which is greater than CHDN's maximum drawdown of -62.86%. Use the drawdown chart below to compare losses from any high point for CVEO and CHDN.
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Drawdown Indicators
| CVEO | CHDN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.72% | -62.86% | -35.86% |
Max Drawdown (1Y)Largest decline over 1 year | -20.41% | -29.36% | +8.95% |
Max Drawdown (3Y)Largest decline over 3 years | -33.24% | -43.28% | +10.04% |
Max Drawdown (5Y)Largest decline over 5 years | -50.41% | -43.72% | -6.69% |
Max Drawdown (10Y)Largest decline over 10 years | -92.28% | -62.86% | -29.42% |
Current DrawdownCurrent decline from peak | -89.15% | -41.51% | -47.64% |
Average DrawdownAverage peak-to-trough decline | -89.28% | -17.58% | -71.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.22% | 17.08% | -9.86% |
Volatility
CVEO vs. CHDN - Volatility Comparison
The current volatility for Civeo Corporation (CVEO) is 9.24%, while Churchill Downs Incorporated (CHDN) has a volatility of 10.85%. This indicates that CVEO experiences smaller price fluctuations and is considered to be less risky than CHDN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVEO | CHDN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.24% | 10.85% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 20.90% | 25.95% | -5.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.73% | 32.31% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.87% | 32.55% | +7.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.71% | 37.52% | +23.19% |
Dividends
CVEO vs. CHDN - Dividend Comparison
CVEO has not paid dividends to shareholders, while CHDN's dividend yield for the trailing twelve months is around 0.51%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHDN Churchill Downs Incorporated | 0.51% | 0.38% | 0.31% | 0.28% | 0.34% | 0.28% | 0.32% | 0.42% | 0.67% | 0.65% | 0.88% | 0.81% |
CVEO Civeo Corporation | 0.00% | 1.09% | 4.40% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CVEO vs. CHDN - Financials Comparison
This section allows you to compare key financial metrics between Civeo Corporation and Churchill Downs Incorporated. 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
CVEO vs. CHDN - Profitability Comparison
CVEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Civeo Corporation reported a gross profit of 0.00 and revenue of 172.67M. Therefore, the gross margin over that period was 0.0%.
CHDN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Churchill Downs Incorporated reported a gross profit of 0.00 and revenue of 663.00M. Therefore, the gross margin over that period was 0.0%.
CVEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Civeo Corporation reported an operating income of 0.00 and revenue of 172.67M, resulting in an operating margin of 0.0%.
CHDN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Churchill Downs Incorporated reported an operating income of 143.00M and revenue of 663.00M, resulting in an operating margin of 21.6%.
CVEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Civeo Corporation reported a net income of -3.81M and revenue of 172.67M, resulting in a net margin of -2.2%.
CHDN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Churchill Downs Incorporated reported a net income of 83.00M and revenue of 663.00M, resulting in a net margin of 12.5%.
Frequently Asked Questions
CVEO and CHDN have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHDN has higher volatility (10.85%) compared to CVEO (9.24%). In terms of maximum drawdown, CVEO dropped -98.72% vs CHDN's -62.86%.
CVEO currently has the higher Sharpe Ratio (1.68 vs -0.41), 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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