CVX vs. EGLN.L
CVX (Chevron Corporation) is a stock, while EGLN.L (iShares Physical Gold ETC) is Gold fund tracking the LBMA Gold Price. Over the past 10 years, CVX returned 10.94%/yr vs 11.12%/yr for EGLN.L. At a 0.08 correlation, their price movements are largely independent.
Performance
CVX vs. EGLN.L - Performance Comparison
Loading charts...
Different Trading Currencies
CVX is traded in USD, while EGLN.L is traded in EUR. To make them comparable, the EGLN.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CVX achieves a 25.18% return, which is significantly higher than EGLN.L's -2.27% return. Both investments have delivered pretty close results over the past 10 years, with CVX having a 10.94% annualized return and EGLN.L not far ahead at 11.12%.
CVX
- 1D
- 0.75%
- 1M
- 1.58%
- YTD
- 25.18%
- 6M
- 27.20%
- 1Y
- 34.55%
- 3Y*
- 10.25%
- 5Y*
- 16.33%
- 10Y*
- 10.94%
EGLN.L
- 1D
- 2.73%
- 1M
- -10.28%
- YTD
- -2.27%
- 6M
- -1.66%
- 1Y
- 24.16%
- 3Y*
- 29.23%
- 5Y*
- 17.39%
- 10Y*
- 11.12%
CVX vs. EGLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 25.18% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
EGLN.L iShares Physical Gold ETC | -2.27% | 65.63% | 26.01% | 12.82% | -0.37% | -3.23% | 23.75% | 18.25% | -1.44% | 13.61% |
Correlation
The correlation between CVX and EGLN.L is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | 0.08 |
The correlation between CVX and EGLN.L shifts across timeframes, from -0.04 (1 year) to 0.09 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CVX vs. EGLN.L — Risk / Return Rank
CVX
EGLN.L
CVX vs. EGLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and iShares Physical Gold ETC (EGLN.L). 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 | EGLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.19 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 1.06 | +1.42 |
| Martin ratioReturn relative to average drawdown | 6.10 | 3.23 | +2.86 |
Loading charts...
Drawdowns
CVX vs. EGLN.L - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, smaller than the maximum EGLN.L drawdown of -59.11%. Use the drawdown chart below to compare losses from any high point for CVX and EGLN.L.
Loading charts...
Drawdown Indicators
| CVX | EGLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -59.11% | +3.34% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -22.68% | +8.69% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -22.68% | +2.04% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -22.68% | -2.27% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | -26.49% | -29.28% |
Current DrawdownCurrent decline from peak | -10.52% | -20.57% | +10.05% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -33.85% | +22.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 7.44% | -1.76% |
Volatility
CVX vs. EGLN.L - Volatility Comparison
Chevron Corporation (CVX) has a higher volatility of 7.62% compared to iShares Physical Gold ETC (EGLN.L) at 7.25%. This indicates that CVX's price experiences larger fluctuations and is considered to be riskier than EGLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CVX | EGLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 7.25% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 17.86% | 21.66% | -3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.06% | 24.87% | -2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.15% | 18.43% | +6.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.16% | 17.10% | +12.06% |
Dividends
CVX vs. EGLN.L - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.73%, while EGLN.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.73% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
EGLN.L iShares Physical Gold ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CVX and EGLN.L have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CVX and EGLN.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer