CVX vs. BG
CVX (Chevron Corporation) and BG (Bunge Limited) are both stocks. CVX operates in Oil & Gas Integrated (Energy), while BG operates in Farm Products (Consumer Defensive). Over the past 10 years, CVX returned 11.68%/yr vs 8.51%/yr for BG. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
CVX vs. BG - Performance Comparison
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Returns By Period
In the year-to-date period, CVX achieves a 31.60% return, which is significantly higher than BG's 20.66% return. Over the past 10 years, CVX has outperformed BG with an annualized return of 11.68%, while BG has yielded a comparatively lower 8.51% annualized return.
CVX
- 1D
- 2.35%
- 1M
- 18.79%
- 6M
- 13.38%
- YTD
- 31.60%
- 1Y
- 35.24%
- 3Y*
- 11.23%
- 5Y*
- 18.87%
- 10Y*
- 11.68%
- ALL TIME*
- 10.44%
BG
- 1D
- 1.10%
- 1M
- 1.28%
- 6M
- -5.62%
- YTD
- 20.66%
- 1Y
- 36.94%
- 3Y*
- 2.24%
- 5Y*
- 9.51%
- 10Y*
- 8.51%
- ALL TIME*
- 10.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $168.20M | $156.93M | $196.43M | |
| $1.44B | $1.41B | $1.67B |
CVX vs. BG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 31.60% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
BG Bunge Limited | 20.66% | 18.56% | -20.74% | 3.79% | 9.28% | 46.77% | 18.92% | 11.77% | -17.99% | -4.76% |
Correlation
The correlation between CVX and BG is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.40 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2001 | 0.38 |
Fundamentals
CVX:
$392.09B
BG:
$20.41B
CVX:
$10.42
BG:
$5.15
CVX:
18.89
BG:
20.65
CVX:
1.86
BG:
0.23
CVX:
2.05
BG:
1.31
CVX:
$208.71B
BG:
$91.82B
CVX:
$64.69B
BG:
$4.54B
CVX:
$55.77B
BG:
$2.51B
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Return for Risk
CVX vs. BG — Risk / Return Rank
CVX
BG
CVX vs. BG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and Bunge Limited (BG). 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.
| CVX | BG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.22 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.84 | -0.14 |
| Martin ratioReturn relative to average drawdown | 4.61 | 5.72 | -1.11 |
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Drawdowns
CVX vs. BG - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, smaller than the maximum BG drawdown of -77.34%. Use the drawdown chart below to compare losses from any high point for CVX and BG.
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Drawdown Indicators
| CVX | BG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -77.34% | +21.57% |
Max Drawdown (1Y)Largest decline over 1 year | -20.81% | -20.18% | -0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -20.81% | -38.82% | +18.01% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -41.49% | +16.54% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | -60.49% | +4.72% |
Current DrawdownCurrent decline from peak | -5.93% | -19.16% | +13.23% |
Average DrawdownAverage peak-to-trough decline | -11.40% | -28.79% | +17.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 6.47% | +1.19% |
Volatility
CVX vs. BG - Volatility Comparison
The current volatility for Chevron Corporation (CVX) is 6.84%, while Bunge Limited (BG) has a volatility of 12.25%. This indicates that CVX experiences smaller price fluctuations and is considered to be less risky than BG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVX | BG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.84% | 12.25% | -5.41% |
Volatility (6M)Calculated over the trailing 6-month period | 18.21% | 22.14% | -3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.82% | 31.79% | -8.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.15% | 29.58% | -4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.24% | 31.10% | -1.86% |
Dividends
CVX vs. BG - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.55%, more than BG's 2.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BG Bunge Limited | 2.65% | 3.12% | 3.48% | 2.55% | 2.31% | 2.76% | 3.05% | 3.48% | 3.59% | 2.62% | 2.21% | 2.11% |
CVX Chevron Corporation | 3.55% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
Financials
CVX vs. BG - Financials Comparison
This section allows you to compare key financial metrics between Chevron Corporation and Bunge 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
CVX vs. BG - Profitability Comparison
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a gross profit of 30.59B and revenue of 67.20B. Therefore, the gross margin over that period was 45.5%.
BG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bunge Limited reported a gross profit of 1.68B and revenue of 24.04B. Therefore, the gross margin over that period was 7.0%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported an operating income of 21.48B and revenue of 67.20B, resulting in an operating margin of 32.0%.
BG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bunge Limited reported an operating income of 1.08B and revenue of 24.04B, resulting in an operating margin of 4.5%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a net income of 12.07B and revenue of 67.20B, resulting in a net margin of 18.0%.
BG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bunge Limited reported a net income of 678.00M and revenue of 24.04B, resulting in a net margin of 2.8%.
Frequently Asked Questions
CVX and BG have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BG has higher volatility (12.25%) compared to CVX (6.84%). In terms of maximum drawdown, CVX dropped -55.77% vs BG's -77.34%.
CVX currently has the higher Sharpe Ratio (1.55 vs 1.17), 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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