CVX vs. NSRGY
CVX (Chevron Corporation) and NSRGY (Nestlé S.A.) are both stocks. CVX operates in Oil & Gas Integrated (Energy), while NSRGY operates in Packaged Foods (Consumer Defensive). Over the past 10 years, CVX returned 10.94%/yr vs 6.67%/yr for NSRGY. At a 0.20 correlation, their price movements are largely independent.
Performance
CVX vs. NSRGY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CVX achieves a 25.18% return, which is significantly higher than NSRGY's 5.66% return. Over the past 10 years, CVX has outperformed NSRGY with an annualized return of 10.94%, while NSRGY has yielded a comparatively lower 6.67% annualized return.
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%
NSRGY
- 1D
- -0.20%
- 1M
- 2.01%
- YTD
- 5.66%
- 6M
- 6.71%
- 1Y
- -0.82%
- 3Y*
- -1.88%
- 5Y*
- -1.61%
- 10Y*
- 6.67%
CVX vs. NSRGY - 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% |
NSRGY Nestlé S.A. | 5.66% | 24.80% | -27.05% | 2.88% | -15.94% | 22.32% | 11.63% | 37.26% | -2.74% | 27.45% |
Correlation
The correlation between CVX and NSRGY 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 | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.20 |
The correlation between CVX and NSRGY shifts across timeframes, from -0.04 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CVX:
$371.80B
NSRGY:
$258.63B
CVX:
$5.75
NSRGY:
CHF 7.72
CVX:
32.54
NSRGY:
10.34
CVX:
1.93
NSRGY:
1.14
CVX:
2.02
NSRGY:
6.27
CVX:
$185.89B
NSRGY:
CHF 181.02B
CVX:
$47.27B
NSRGY:
CHF 83.86B
CVX:
$40.44B
NSRGY:
CHF 36.34B
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. NSRGY — Risk / Return Rank
CVX
NSRGY
CVX vs. NSRGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and Nestlé S.A. (NSRGY). 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 | NSRGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.01 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | -0.05 | +2.53 |
| Martin ratioReturn relative to average drawdown | 6.10 | -0.10 | +6.19 |
Loading charts...
Drawdowns
CVX vs. NSRGY - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, smaller than the maximum NSRGY drawdown of -75.68%. Use the drawdown chart below to compare losses from any high point for CVX and NSRGY.
Loading charts...
Drawdown Indicators
| CVX | NSRGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -75.68% | +19.91% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -15.71% | +1.72% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -32.79% | +12.15% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -38.24% | +13.29% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | -38.24% | -17.53% |
Current DrawdownCurrent decline from peak | -10.52% | -17.25% | +6.73% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -24.16% | +12.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 9.31% | -3.63% |
Volatility
CVX vs. NSRGY - Volatility Comparison
Chevron Corporation (CVX) has a higher volatility of 7.62% compared to Nestlé S.A. (NSRGY) at 5.46%. This indicates that CVX's price experiences larger fluctuations and is considered to be riskier than NSRGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CVX | NSRGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 5.46% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 17.86% | 15.05% | +2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.06% | 22.89% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.15% | 19.90% | +5.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.16% | 18.44% | +10.72% |
Dividends
CVX vs. NSRGY - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.73%, less than NSRGY's 4.00% yield.
| 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% |
NSRGY Nestlé S.A. | 4.00% | 3.44% | 4.01% | 2.86% | 2.57% | 2.18% | 2.34% | 2.28% | 3.12% | 5.64% | 6.54% | 3.13% |
Financials
CVX vs. NSRGY - Financials Comparison
This section allows you to compare key financial metrics between Chevron Corporation and Nestlé S.A.. 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. NSRGY - Profitability Comparison
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a gross profit of 4.55B and revenue of 47.56B. Therefore, the gross margin over that period was 9.6%.
NSRGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nestlé S.A. reported a gross profit of 20.01B and revenue of 44.89B. Therefore, the gross margin over that period was 44.6%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported an operating income of 3.24B and revenue of 47.56B, resulting in an operating margin of 6.8%.
NSRGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nestlé S.A. reported an operating income of 6.93B and revenue of 44.89B, resulting in an operating margin of 15.4%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a net income of 2.21B and revenue of 47.56B, resulting in a net margin of 4.7%.
NSRGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nestlé S.A. reported a net income of 3.94B and revenue of 44.89B, resulting in a net margin of 8.8%.
Frequently Asked Questions
CVX and NSRGY 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.
CVX has higher volatility (7.62%) compared to NSRGY (5.46%). In terms of maximum drawdown, CVX dropped -55.77% vs NSRGY's -75.68%.
CVX currently has the higher Sharpe Ratio (1.57 vs -0.04), 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.
Find the right allocation for CVX and NSRGY
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