DVN vs. DVY
DVN (Devon Energy Corporation) is a stock, while DVY (iShares Select Dividend ETF) is Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index. Over the past 10 years, DVN returned 6.14%/yr vs 10.49%/yr for DVY. At a 0.49 correlation, their price movements are largely independent.
Performance
DVN vs. DVY - Performance Comparison
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Returns By Period
In the year-to-date period, DVN achieves a 24.34% return, which is significantly higher than DVY's 13.40% return. Over the past 10 years, DVN has underperformed DVY with an annualized return of 6.14%, while DVY has yielded a comparatively higher 10.49% annualized return.
DVN
- 1D
- 1.57%
- 1M
- -3.39%
- YTD
- 24.34%
- 6M
- 22.17%
- 1Y
- 35.40%
- 3Y*
- -0.45%
- 5Y*
- 14.12%
- 10Y*
- 6.14%
DVY
- 1D
- 1.18%
- 1M
- 4.16%
- YTD
- 13.40%
- 6M
- 12.29%
- 1Y
- 25.66%
- 3Y*
- 15.86%
- 5Y*
- 9.31%
- 10Y*
- 10.49%
DVN vs. DVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 24.34% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -45.09% | -8.74% |
DVY iShares Select Dividend ETF | 13.40% | 11.60% | 16.24% | 1.12% | 1.80% | 31.70% | -4.91% | 22.62% | -6.36% | 14.82% |
Correlation
The correlation between DVN and DVY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2003 | 0.49 |
Over the past year, the correlation between DVN and DVY has dropped to 0.20 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
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Return for Risk
DVN vs. DVY — Risk / Return Rank
DVN
DVY
DVN vs. DVY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Devon Energy Corporation (DVN) and iShares Select Dividend ETF (DVY). 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 | DVY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 3.54 | -1.23 |
| Martin ratioReturn relative to average drawdown | 5.17 | 12.51 | -7.33 |
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Drawdowns
DVN vs. DVY - Drawdown Comparison
The maximum DVN drawdown since its inception was -94.93%, which is greater than DVY's maximum drawdown of -62.59%. Use the drawdown chart below to compare losses from any high point for DVN and DVY.
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Drawdown Indicators
| DVN | DVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.93% | -62.59% | -32.34% |
Max Drawdown (1Y)Largest decline over 1 year | -15.36% | -6.89% | -8.47% |
Max Drawdown (3Y)Largest decline over 3 years | -49.22% | -16.00% | -33.22% |
Max Drawdown (5Y)Largest decline over 5 years | -61.45% | -17.54% | -43.91% |
Max Drawdown (10Y)Largest decline over 10 years | -88.51% | -41.59% | -46.92% |
Current DrawdownCurrent decline from peak | -42.02% | 0.00% | -42.02% |
Average DrawdownAverage peak-to-trough decline | -35.93% | -8.78% | -27.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.86% | 1.95% | +4.91% |
Volatility
DVN vs. DVY - Volatility Comparison
Devon Energy Corporation (DVN) has a higher volatility of 12.66% compared to iShares Select Dividend ETF (DVY) at 2.94%. This indicates that DVN's price experiences larger fluctuations and is considered to be riskier than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVN | DVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.66% | 2.94% | +9.72% |
Volatility (6M)Calculated over the trailing 6-month period | 26.63% | 7.54% | +19.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.17% | 11.16% | +23.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.13% | 15.22% | +25.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.62% | 18.01% | +31.61% |
Dividends
DVN vs. DVY - Dividend Comparison
DVN's dividend yield for the trailing twelve months is around 2.12%, less than DVY's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 1.59% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
DVY iShares Select Dividend ETF | 3.30% | 3.65% | 3.65% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% |
Frequently Asked Questions
DVN and DVY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVN has higher volatility (12.66%) compared to DVY (2.94%). In terms of maximum drawdown, DVN dropped -94.93% vs DVY's -62.59%.
DVY currently has the higher Sharpe Ratio (2.19 vs 1.04), 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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