CVX vs. LYB
CVX (Chevron Corporation) and LYB (LyondellBasell Industries N.V.) are both stocks. CVX operates in Oil & Gas Integrated (Energy), while LYB operates in Specialty Chemicals (Basic Materials). Over the past 10 years, CVX returned 10.80%/yr vs 5.47%/yr for LYB. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
CVX vs. LYB - Performance Comparison
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Returns By Period
In the year-to-date period, CVX achieves a 29.03% return, which is significantly lower than LYB's 47.20% return. Over the past 10 years, CVX has outperformed LYB with an annualized return of 10.80%, while LYB has yielded a comparatively lower 5.47% annualized return.
CVX
- 1D
- 1.00%
- 1M
- 10.24%
- 6M
- 17.95%
- YTD
- 29.03%
- 1Y
- 34.01%
- 3Y*
- 11.33%
- 5Y*
- 19.10%
- 10Y*
- 10.80%
- ALL TIME*
- 10.37%
LYB
- 1D
- 1.85%
- 1M
- 6.49%
- 6M
- 23.00%
- YTD
- 47.20%
- 1Y
- 2.64%
- 3Y*
- -6.09%
- 5Y*
- -1.87%
- 10Y*
- 5.47%
- ALL TIME*
- 14.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.25B | $1.53B | $1.72B | |
| $264.40M | $296.89M | $349.44M |
CVX vs. LYB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 29.03% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
LYB LyondellBasell Industries N.V. | 47.20% | -35.96% | -17.38% | 20.70% | -0.98% | 5.07% | 2.64% | 44.63% | -21.69% | 33.72% |
Correlation
The correlation between CVX and LYB is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2010 | 0.53 |
The correlation between CVX and LYB has been stable across timeframes, ranging from 0.45 to 0.53 - a consistent structural relationship.
Fundamentals
CVX:
$384.34B
LYB:
$20.12B
CVX:
$5.57
LYB:
-$3.58
CVX:
2.05
LYB:
0.60
CVX:
$185.89B
LYB:
$22.48B
CVX:
$47.27B
LYB:
-$4.33B
CVX:
$40.44B
LYB:
$935.00M
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Return for Risk
CVX vs. LYB — Risk / Return Rank
CVX
LYB
CVX vs. LYB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and LyondellBasell Industries N.V. (LYB). 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 | LYB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.05 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 0.07 | +1.57 |
| Martin ratioReturn relative to average drawdown | 4.51 | 0.12 | +4.39 |
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Drawdowns
CVX vs. LYB - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, smaller than the maximum LYB drawdown of -63.26%. Use the drawdown chart below to compare losses from any high point for CVX and LYB.
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Drawdown Indicators
| CVX | LYB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -63.26% | +7.49% |
Max Drawdown (1Y)Largest decline over 1 year | -20.81% | -35.51% | +14.70% |
Max Drawdown (3Y)Largest decline over 3 years | -20.81% | -55.35% | +34.54% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -55.35% | +30.40% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | -63.26% | +7.49% |
Current DrawdownCurrent decline from peak | -7.77% | -30.92% | +23.15% |
Average DrawdownAverage peak-to-trough decline | -11.40% | -15.25% | +3.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.57% | 22.23% | -14.66% |
Volatility
CVX vs. LYB - Volatility Comparison
The current volatility for Chevron Corporation (CVX) is 7.09%, while LyondellBasell Industries N.V. (LYB) has a volatility of 8.84%. This indicates that CVX experiences smaller price fluctuations and is considered to be less risky than LYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVX | LYB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 8.84% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 17.74% | 33.28% | -15.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.70% | 45.86% | -23.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.12% | 32.81% | -7.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.24% | 36.79% | -7.55% |
Dividends
CVX vs. LYB - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.62%, less than LYB's 6.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.62% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
LYB LyondellBasell Industries N.V. | 6.61% | 12.59% | 7.10% | 5.20% | 11.92% | 4.81% | 4.58% | 20.27% | 4.81% | 3.22% | 3.88% | 3.50% |
Financials
CVX vs. LYB - Financials Comparison
This section allows you to compare key financial metrics between Chevron Corporation and LyondellBasell Industries N.V.. 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
Frequently Asked Questions
CVX and LYB have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LYB has higher volatility (8.84%) compared to CVX (7.09%). In terms of maximum drawdown, CVX dropped -55.77% vs LYB's -63.26%.
CVX currently has the higher Sharpe Ratio (1.50 vs 0.06), 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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