DVN vs. AGRO
DVN (Devon Energy Corporation) and AGRO (Adecoagro S.A.) are both stocks. DVN operates in Oil & Gas E&P (Energy), while AGRO operates in Farm Products (Consumer Defensive). Over the past 10 years, DVN returned 4.23%/yr vs 0.95%/yr for AGRO. At a 0.31 correlation, their price movements are largely independent.
Performance
DVN vs. AGRO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DVN achieves a 16.71% return, which is significantly lower than AGRO's 31.16% return. Over the past 10 years, DVN has outperformed AGRO with an annualized return of 4.23%, while AGRO has yielded a comparatively lower 0.95% annualized return.
DVN
- 1D
- 0.50%
- 1M
- -4.66%
- 6M
- 19.55%
- YTD
- 16.71%
- 1Y
- 27.54%
- 3Y*
- -2.77%
- 5Y*
- 13.19%
- 10Y*
- 4.23%
AGRO
- 1D
- 3.10%
- 1M
- -11.80%
- 6M
- 24.56%
- YTD
- 31.16%
- 1Y
- 12.50%
- 3Y*
- 5.30%
- 5Y*
- 4.61%
- 10Y*
- 0.95%
DVN vs. AGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 16.71% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -45.09% | -8.74% |
AGRO Adecoagro S.A. | 31.16% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
Correlation
The correlation between DVN and AGRO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011 | 0.31 |
Fundamentals
DVN:
$26.24B
AGRO:
$5.82B
DVN:
$5.12
AGRO:
$0.03
DVN:
8.24
AGRO:
366.37
DVN:
0.63
AGRO:
0.12
DVN:
1.45
AGRO:
3.48
DVN:
$12.24B
AGRO:
$1.50B
DVN:
$2.67B
AGRO:
$378.81M
DVN:
$5.67B
AGRO:
$466.25M
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
DVN vs. AGRO — Risk / Return Rank
DVN
AGRO
DVN vs. AGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Devon Energy Corporation (DVN) and Adecoagro S.A. (AGRO). 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.
| DVN | AGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.10 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 0.41 | +0.84 |
| Martin ratioReturn relative to average drawdown | 3.40 | 1.04 | +2.36 |
Loading charts...
Drawdowns
DVN vs. AGRO - Drawdown Comparison
The maximum DVN drawdown since its inception was -94.93%, which is greater than AGRO's maximum drawdown of -73.70%. Use the drawdown chart below to compare losses from any high point for DVN and AGRO.
Loading charts...
Drawdown Indicators
| DVN | AGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.93% | -73.70% | -21.23% |
Max Drawdown (1Y)Largest decline over 1 year | -22.15% | -39.99% | +17.84% |
Max Drawdown (3Y)Largest decline over 3 years | -49.22% | -39.99% | -9.23% |
Max Drawdown (5Y)Largest decline over 5 years | -61.45% | -45.34% | -16.11% |
Max Drawdown (10Y)Largest decline over 10 years | -88.51% | -72.07% | -16.44% |
Current DrawdownCurrent decline from peak | -45.58% | -32.08% | -13.50% |
Average DrawdownAverage peak-to-trough decline | -35.95% | -31.48% | -4.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.15% | 15.75% | -7.60% |
Volatility
DVN vs. AGRO - Volatility Comparison
The current volatility for Devon Energy Corporation (DVN) is 11.41%, while Adecoagro S.A. (AGRO) has a volatility of 16.23%. This indicates that DVN experiences smaller price fluctuations and is considered to be less risky than AGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DVN | AGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.41% | 16.23% | -4.82% |
Volatility (6M)Calculated over the trailing 6-month period | 25.77% | 40.67% | -14.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.75% | 48.55% | -14.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.87% | 42.03% | -1.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.49% | 39.97% | +9.52% |
Dividends
DVN vs. AGRO - Dividend Comparison
DVN's dividend yield for the trailing twelve months is around 2.46%, less than AGRO's 2.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 2.87% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DVN Devon Energy Corporation | 2.46% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
Financials
DVN vs. AGRO - Financials Comparison
This section allows you to compare key financial metrics between Devon Energy Corporation and Adecoagro S.A.. 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
DVN vs. AGRO - Profitability Comparison
DVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Devon Energy Corporation reported a gross profit of 0.00 and revenue of 3.81M. Therefore, the gross margin over that period was 0.0%.
AGRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Adecoagro S.A. reported a gross profit of 118.57M and revenue of 398.68M. Therefore, the gross margin over that period was 29.7%.
DVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Devon Energy Corporation reported an operating income of 0.00 and revenue of 3.81M, resulting in an operating margin of 0.0%.
AGRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Adecoagro S.A. reported an operating income of 27.86M and revenue of 398.68M, resulting in an operating margin of 7.0%.
DVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Devon Energy Corporation reported a net income of 120.00K and revenue of 3.81M, resulting in a net margin of 3.2%.
AGRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Adecoagro S.A. reported a net income of 40.14M and revenue of 398.68M, resulting in a net margin of 10.1%.
Frequently Asked Questions
DVN and AGRO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRO has higher volatility (16.23%) compared to DVN (11.41%). In terms of maximum drawdown, DVN dropped -94.93% vs AGRO's -73.70%.
DVN currently has the higher Sharpe Ratio (0.82 vs 0.34), 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 DVN and AGRO
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