CVX vs. SAN.PA
CVX (Chevron Corporation) and SAN.PA (Sanofi) are both stocks. CVX operates in Oil & Gas Integrated (Energy), while SAN.PA operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, CVX returned 10.94%/yr vs 5.80%/yr for SAN.PA. At a 0.23 correlation, their price movements are largely independent.
Performance
CVX vs. SAN.PA - Performance Comparison
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Different Trading Currencies
CVX is traded in USD, while SAN.PA is traded in EUR. To make them comparable, the SAN.PA 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 SAN.PA's -3.72% return. Over the past 10 years, CVX has outperformed SAN.PA with an annualized return of 10.94%, while SAN.PA has yielded a comparatively lower 5.80% 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%
SAN.PA
- 1D
- 0.27%
- 1M
- 4.00%
- YTD
- -3.72%
- 6M
- -4.37%
- 1Y
- -7.87%
- 3Y*
- 0.11%
- 5Y*
- 0.28%
- 10Y*
- 5.80%
CVX vs. SAN.PA - 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% |
SAN.PA Sanofi | -3.72% | 4.51% | 2.04% | 6.91% | -1.39% | 8.90% | -0.91% | 21.02% | 5.21% | 10.15% |
Correlation
The correlation between CVX and SAN.PA 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 | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.23 |
The correlation between CVX and SAN.PA shifts across timeframes, from -0.04 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CVX vs. SAN.PA — Risk / Return Rank
CVX
SAN.PA
CVX vs. SAN.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and Sanofi (SAN.PA). 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 | SAN.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.97 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | -0.45 | +2.94 |
| Martin ratioReturn relative to average drawdown | 6.10 | -0.90 | +6.99 |
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Drawdowns
CVX vs. SAN.PA - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, which is greater than SAN.PA's maximum drawdown of -47.80%. Use the drawdown chart below to compare losses from any high point for CVX and SAN.PA.
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Drawdown Indicators
| CVX | SAN.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -47.80% | -7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -17.16% | +3.17% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -23.35% | +2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -33.52% | +8.57% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | -33.52% | -22.25% |
Current DrawdownCurrent decline from peak | -10.52% | -17.74% | +7.22% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -13.03% | +1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 8.68% | -3.00% |
Volatility
CVX vs. SAN.PA - Volatility Comparison
Chevron Corporation (CVX) has a higher volatility of 7.62% compared to Sanofi (SAN.PA) at 6.61%. This indicates that CVX's price experiences larger fluctuations and is considered to be riskier than SAN.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVX | SAN.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 6.61% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.86% | 16.06% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.06% | 25.15% | -3.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.15% | 23.92% | +1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.16% | 22.30% | +6.86% |
Dividends
CVX vs. SAN.PA - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.73%, less than SAN.PA's 5.38% 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% |
SAN.PA Sanofi | 5.38% | 4.74% | 4.01% | 3.97% | 3.71% | 3.61% | 4.00% | 3.43% | 4.00% | 4.12% | 3.81% | 3.63% |
Financials
CVX vs. SAN.PA - Financials Comparison
This section allows you to compare key financial metrics between Chevron Corporation and Sanofi. 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 SAN.PA 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.
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