CVX vs. SIE.DE
CVX (Chevron Corporation) and SIE.DE (Siemens Aktiengesellschaft) are both stocks. CVX operates in Oil & Gas Integrated (Energy), while SIE.DE operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, CVX returned 10.98%/yr vs 15.89%/yr for SIE.DE. At a 0.33 correlation, their price movements are largely independent.
Performance
CVX vs. SIE.DE - Performance Comparison
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Different Trading Currencies
CVX is traded in USD, while SIE.DE is traded in EUR. To make them comparable, the SIE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CVX achieves a 26.53% return, which is significantly higher than SIE.DE's 14.82% return. Over the past 10 years, CVX has underperformed SIE.DE with an annualized return of 10.98%, while SIE.DE has yielded a comparatively higher 15.89% annualized return.
CVX
- 1D
- 1.03%
- 1M
- 5.15%
- YTD
- 26.53%
- 6M
- 29.68%
- 1Y
- 40.62%
- 3Y*
- 10.57%
- 5Y*
- 16.60%
- 10Y*
- 10.98%
SIE.DE
- 1D
- -0.97%
- 1M
- 1.16%
- YTD
- 14.82%
- 6M
- 18.68%
- 1Y
- 29.41%
- 3Y*
- 25.98%
- 5Y*
- 16.78%
- 10Y*
- 15.89%
CVX vs. SIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 26.53% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
SIE.DE Siemens Aktiengesellschaft | 14.82% | 46.53% | 7.60% | 39.17% | -17.49% | 22.83% | 27.65% | 22.31% | -17.33% | 17.32% |
Correlation
The correlation between CVX and SIE.DE is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since May 30, 2007 | 0.33 |
The correlation between CVX and SIE.DE shifts across timeframes, from -0.21 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CVX vs. SIE.DE — Risk / Return Rank
CVX
SIE.DE
CVX vs. SIE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and Siemens Aktiengesellschaft (SIE.DE). 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.
| CVX | SIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.98 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.18 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 1.34 | +1.58 |
| Martin ratioReturn relative to average drawdown | 7.37 | 4.34 | +3.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CVX | SIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 0.88 | +0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.51 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.53 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.28 | +0.10 |
Drawdowns
CVX vs. SIE.DE - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, smaller than the maximum SIE.DE drawdown of -71.30%. Use the drawdown chart below to compare losses from any high point for CVX and SIE.DE.
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Drawdown Indicators
| CVX | SIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -71.30% | +15.53% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -21.96% | +7.97% |
Max Drawdown (3Y)Largest decline over 3 years | -20.64% | -29.45% | +8.81% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -45.94% | +20.99% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | -52.49% | -3.28% |
Current DrawdownCurrent decline from peak | -9.56% | -2.55% | -7.01% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -17.73% | +6.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 6.80% | -1.27% |
Volatility
CVX vs. SIE.DE - Volatility Comparison
The current volatility for Chevron Corporation (CVX) is 7.14%, while Siemens Aktiengesellschaft (SIE.DE) has a volatility of 9.31%. This indicates that CVX experiences smaller price fluctuations and is considered to be less risky than SIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVX | SIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.14% | 9.31% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 17.78% | 26.41% | -8.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.97% | 33.43% | -11.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 32.48% | -7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.16% | 29.78% | -0.62% |
Dividends
CVX vs. SIE.DE - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.69%, more than SIE.DE's 1.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.69% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
SIE.DE Siemens Aktiengesellschaft | 1.97% | 2.17% | 2.49% | 2.50% | 3.09% | 2.29% | 3.32% | 3.62% | 4.21% | 3.44% | 3.32% | 4.07% |
Financials
CVX vs. SIE.DE - Financials Comparison
This section allows you to compare key financial metrics between Chevron Corporation and Siemens Aktiengesellschaft. 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 SIE.DE have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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