DOV vs. COP
DOV (Dover Corporation) and COP (ConocoPhillips Company) are both stocks. DOV operates in Specialty Industrial Machinery (Industrials), while COP operates in Oil & Gas E&P (Energy). Over the past 10 years, DOV returned 16.36%/yr vs 13.66%/yr for COP. At a 0.33 correlation, their price movements are largely independent.
Performance
DOV vs. COP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DOV achieves a 11.89% return, which is significantly lower than COP's 26.87% return. Over the past 10 years, DOV has outperformed COP with an annualized return of 16.36%, while COP has yielded a comparatively lower 13.66% annualized return.
DOV
- 1D
- -0.50%
- 1M
- 3.41%
- YTD
- 11.89%
- 6M
- 9.71%
- 1Y
- 24.45%
- 3Y*
- 15.73%
- 5Y*
- 8.79%
- 10Y*
- 16.36%
COP
- 1D
- 1.40%
- 1M
- -4.44%
- YTD
- 26.87%
- 6M
- 24.31%
- 1Y
- 24.65%
- 3Y*
- 7.68%
- 5Y*
- 18.49%
- 10Y*
- 13.66%
DOV vs. COP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 11.89% | 5.24% | 23.35% | 15.22% | -24.34% | 45.73% | 11.53% | 65.80% | -11.11% | 37.68% |
COP ConocoPhillips Company | 26.87% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
Correlation
The correlation between DOV and COP is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.33 |
Over the past year, the correlation between DOV and COP has dropped to 0.06 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
DOV:
$29.55B
COP:
$143.30B
DOV:
$8.01
COP:
$5.90
DOV:
27.14
COP:
19.83
DOV:
1.12
COP:
1.15
DOV:
3.61
COP:
2.49
DOV:
3.95
COP:
2.22
DOV:
$8.28B
COP:
$58.31B
DOV:
$3.27B
COP:
$17.02B
DOV:
$1.78B
COP:
$22.44B
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
DOV vs. COP — Risk / Return Rank
DOV
COP
DOV vs. COP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dover Corporation (DOV) and ConocoPhillips Company (COP). 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.
| DOV | COP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.86 | -0.36 |
| Martin ratioReturn relative to average drawdown | 3.42 | 4.08 | -0.65 |
Loading charts...
Drawdowns
DOV vs. COP - Drawdown Comparison
The maximum DOV drawdown since its inception was -58.22%, smaller than the maximum COP drawdown of -84.55%. Use the drawdown chart below to compare losses from any high point for DOV and COP.
Loading charts...
Drawdown Indicators
| DOV | COP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.22% | -84.55% | +26.33% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -14.90% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -26.59% | -36.19% | +9.60% |
Max Drawdown (5Y)Largest decline over 5 years | -35.56% | -36.19% | +0.63% |
Max Drawdown (10Y)Largest decline over 10 years | -45.24% | -70.66% | +25.42% |
Current DrawdownCurrent decline from peak | -6.36% | -11.92% | +5.56% |
Average DrawdownAverage peak-to-trough decline | -13.14% | -25.49% | +12.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.71% | 6.80% | -0.09% |
Volatility
DOV vs. COP - Volatility Comparison
The current volatility for Dover Corporation (DOV) is 7.17%, while ConocoPhillips Company (COP) has a volatility of 8.72%. This indicates that DOV experiences smaller price fluctuations and is considered to be less risky than COP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DOV | COP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 8.72% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 18.33% | 23.05% | -4.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.36% | 29.33% | -4.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.87% | 32.80% | -7.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.75% | 37.64% | -10.89% |
Dividends
DOV vs. COP - Dividend Comparison
DOV's dividend yield for the trailing twelve months is around 0.96%, less than COP's 2.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.82% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
DOV Dover Corporation | 0.96% | 1.06% | 1.09% | 1.32% | 1.48% | 1.10% | 1.56% | 1.68% | 2.55% | 1.80% | 2.30% | 2.67% |
Financials
DOV vs. COP - Financials Comparison
This section allows you to compare key financial metrics between Dover Corporation and ConocoPhillips Company. 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
DOV vs. COP - Profitability Comparison
DOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a gross profit of 798.14M and revenue of 2.05B. Therefore, the gross margin over that period was 38.9%.
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
DOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported an operating income of 305.91M and revenue of 2.05B, resulting in an operating margin of 14.9%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
DOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a net income of 238.43M and revenue of 2.05B, resulting in a net margin of 11.6%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
Frequently Asked Questions
DOV and COP have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COP has higher volatility (8.72%) compared to DOV (7.17%). In terms of maximum drawdown, DOV dropped -58.22% vs COP's -84.55%.
COP currently has the higher Sharpe Ratio (0.95 vs 0.94), 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 DOV and COP
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