CVX vs. SNOW
CVX (Chevron Corporation) and SNOW (Snowflake Inc.) are both stocks. CVX operates in Oil & Gas Integrated (Energy), while SNOW operates in Software - Application (Technology). Over the past 5 years, CVX returned 18.87%/yr vs 1.99%/yr for SNOW. Their 0.05 correlation means their historical movements had little consistent relationship.
Performance
CVX vs. SNOW - Performance Comparison
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Returns By Period
In the year-to-date period, CVX achieves a 31.60% return, which is significantly lower than SNOW's 33.70% return.
CVX
- 1D
- 2.35%
- 1M
- 18.79%
- 6M
- 13.38%
- YTD
- 31.60%
- 1Y
- 35.24%
- 3Y*
- 11.23%
- 5Y*
- 18.87%
- 10Y*
- 11.68%
- ALL TIME*
- 10.44%
SNOW
- 1D
- -1.62%
- 1M
- 12.29%
- 6M
- 52.20%
- YTD
- 33.70%
- 1Y
- 31.22%
- 3Y*
- 18.43%
- 5Y*
- 1.99%
- 10Y*
- —
- ALL TIME*
- 3.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.44B | $1.41B | $1.67B | |
SNOW Snowflake Inc. | $1.36B | $1.31B | $1.77B |
CVX vs. SNOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 31.60% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | 12.24% |
SNOW Snowflake Inc. | 33.70% | 42.06% | -22.41% | 38.64% | -57.63% | 20.38% | 14.86% |
Correlation
The correlation between CVX and SNOW is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.05 |
Correlation (3Y) Balances recent behavior with more history. | -0.01 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2020 | 0.05 |
The correlation between CVX and SNOW shifts across timeframes, from -0.05 (1 year) to 0.06 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CVX:
$392.09B
SNOW:
$101.65B
CVX:
$10.42
SNOW:
-$3.51
CVX:
1.86
SNOW:
19.88
CVX:
2.05
SNOW:
49.16
CVX:
$208.71B
SNOW:
$5.03B
CVX:
$64.69B
SNOW:
$3.38B
CVX:
$55.77B
SNOW:
-$1.21B
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Return for Risk
CVX vs. SNOW — Risk / Return Rank
CVX
SNOW
CVX vs. SNOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chevron Corporation (CVX) and Snowflake Inc. (SNOW). 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 | SNOW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.16 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 0.56 | +1.14 |
| Martin ratioReturn relative to average drawdown | 4.61 | 1.21 | +3.40 |
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Drawdowns
CVX vs. SNOW - Drawdown Comparison
The maximum CVX drawdown since its inception was -55.77%, smaller than the maximum SNOW drawdown of -72.99%. Use the drawdown chart below to compare losses from any high point for CVX and SNOW.
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Drawdown Indicators
| CVX | SNOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.77% | -72.99% | +17.22% |
Max Drawdown (1Y)Largest decline over 1 year | -20.81% | -56.30% | +35.49% |
Max Drawdown (3Y)Largest decline over 3 years | -20.81% | -56.30% | +35.49% |
Max Drawdown (5Y)Largest decline over 5 years | -24.95% | -72.99% | +48.04% |
Max Drawdown (10Y)Largest decline over 10 years | -55.77% | — | — |
Current DrawdownCurrent decline from peak | -5.93% | -27.02% | +21.09% |
Average DrawdownAverage peak-to-trough decline | -11.40% | -48.72% | +37.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 26.11% | -18.45% |
Volatility
CVX vs. SNOW - Volatility Comparison
The current volatility for Chevron Corporation (CVX) is 6.84%, while Snowflake Inc. (SNOW) has a volatility of 9.54%. This indicates that CVX experiences smaller price fluctuations and is considered to be less risky than SNOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVX | SNOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.84% | 9.54% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 18.21% | 52.74% | -34.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.82% | 66.43% | -43.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.15% | 62.02% | -36.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.24% | 62.28% | -33.04% |
Dividends
CVX vs. SNOW - Dividend Comparison
CVX's dividend yield for the trailing twelve months is around 3.55%, while SNOW has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.55% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
SNOW Snowflake Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CVX vs. SNOW - Financials Comparison
This section allows you to compare key financial metrics between Chevron Corporation and Snowflake Inc.. 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. SNOW - Profitability Comparison
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a gross profit of 30.59B and revenue of 67.20B. Therefore, the gross margin over that period was 45.5%.
SNOW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Snowflake Inc. reported a gross profit of 926.45M and revenue of 1.39B. Therefore, the gross margin over that period was 66.6%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported an operating income of 21.48B and revenue of 67.20B, resulting in an operating margin of 32.0%.
SNOW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Snowflake Inc. reported an operating income of -326.15M and revenue of 1.39B, resulting in an operating margin of -23.5%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Chevron Corporation reported a net income of 12.07B and revenue of 67.20B, resulting in a net margin of 18.0%.
SNOW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Snowflake Inc. reported a net income of -295.57M and revenue of 1.39B, resulting in a net margin of -21.3%.
Frequently Asked Questions
CVX and SNOW have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNOW has higher volatility (9.54%) compared to CVX (6.84%). In terms of maximum drawdown, CVX dropped -55.77% vs SNOW's -72.99%.
CVX currently has the higher Sharpe Ratio (1.55 vs 0.47), 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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