DHT vs. CVX
DHT (DHT Holdings, Inc.) and CVX (Chevron Corporation) are both stocks. Both are in the Energy sector — DHT in Oil & Gas Midstream, CVX in Oil & Gas Integrated. Over the past 10 years, DHT returned 24.05%/yr vs 11.68%/yr for CVX. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
DHT vs. CVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DHT achieves a 61.57% return, which is significantly higher than CVX's 31.60% return. Over the past 10 years, DHT has outperformed CVX with an annualized return of 24.05%, while CVX has yielded a comparatively lower 11.68% annualized return.
DHT
- 1D
- 0.11%
- 1M
- 12.34%
- 6M
- 37.66%
- YTD
- 61.57%
- 1Y
- 84.26%
- 3Y*
- 35.37%
- 5Y*
- 35.42%
- 10Y*
- 24.05%
- ALL TIME*
- -1.85%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.44B | $1.41B | $1.67B | |
| $42.84M | $48.22M | $57.35M |
DHT vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHT DHT Holdings, Inc. | 61.57% | 40.04% | 3.58% | 24.07% | 73.87% | 1.41% | -20.52% | 118.96% | 11.32% | -9.26% |
CVX Chevron Corporation | 31.60% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between DHT and CVX is 0.07, 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. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2005 | 0.32 |
Over the past year, the correlation between DHT and CVX has dropped to 0.07 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
DHT:
$2.99B
CVX:
$392.09B
DHT:
$2.06
CVX:
$10.42
DHT:
9.02
CVX:
18.89
DHT:
0.30
CVX:
1.84
DHT:
5.28
CVX:
1.86
DHT:
2.43
CVX:
2.05
DHT:
$566.07M
CVX:
$208.71B
DHT:
$268.69M
CVX:
$64.69B
DHT:
$450.13M
CVX:
$55.77B
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
DHT vs. CVX — Risk / Return Rank
DHT
CVX
DHT vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DHT Holdings, Inc. (DHT) and Chevron Corporation (CVX). 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.
| DHT | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.27 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.93 | 1.70 | +3.23 |
| Martin ratioReturn relative to average drawdown | 11.25 | 4.61 | +6.64 |
Loading charts...
Drawdowns
DHT vs. CVX - Drawdown Comparison
The maximum DHT drawdown since its inception was -97.12%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for DHT and CVX.
Loading charts...
Drawdown Indicators
| DHT | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.12% | -55.77% | -41.35% |
Max Drawdown (1Y)Largest decline over 1 year | -17.18% | -20.81% | +3.63% |
Max Drawdown (3Y)Largest decline over 3 years | -24.96% | -20.81% | -4.15% |
Max Drawdown (5Y)Largest decline over 5 years | -34.44% | -24.95% | -9.49% |
Max Drawdown (10Y)Largest decline over 10 years | -39.56% | -55.77% | +16.21% |
Current DrawdownCurrent decline from peak | -62.70% | -5.93% | -56.77% |
Average DrawdownAverage peak-to-trough decline | -76.28% | -11.40% | -64.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.52% | 7.66% | -0.14% |
Volatility
DHT vs. CVX - Volatility Comparison
DHT Holdings, Inc. (DHT) has a higher volatility of 11.42% compared to Chevron Corporation (CVX) at 6.84%. This indicates that DHT's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DHT | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.42% | 6.84% | +4.58% |
Volatility (6M)Calculated over the trailing 6-month period | 29.62% | 18.21% | +11.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.45% | 22.82% | +13.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.75% | 25.15% | +13.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.69% | 29.24% | +12.45% |
Dividends
DHT vs. CVX - Dividend Comparison
DHT's dividend yield for the trailing twelve months is around 7.92%, more than CVX's 3.55% yield.
| 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% |
DHT DHT Holdings, Inc. | 7.92% | 6.06% | 10.76% | 11.72% | 1.35% | 2.50% | 25.81% | 2.42% | 2.04% | 5.57% | 17.15% | 6.55% |
Financials
DHT vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between DHT Holdings, Inc. and Chevron Corporation. 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
DHT vs. CVX - Profitability Comparison
DHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, DHT Holdings, Inc. reported a gross profit of 112.62M and revenue of 186.48M. Therefore, the gross margin over that period was 60.4%.
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%.
DHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, DHT Holdings, Inc. reported an operating income of 107.66M and revenue of 186.48M, resulting in an operating margin of 57.7%.
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%.
DHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, DHT Holdings, Inc. reported a net income of 164.53M and revenue of 186.48M, resulting in a net margin of 88.2%.
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%.
Frequently Asked Questions
DHT and CVX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHT has higher volatility (11.42%) compared to CVX (6.84%). In terms of maximum drawdown, DHT dropped -97.12% vs CVX's -55.77%.
DHT currently has the higher Sharpe Ratio (2.33 vs 1.55), 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 DHT and CVX
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