DVN vs. FANG
Compare and contrast key facts about Devon Energy Corporation (DVN) and Diamondback Energy, Inc. (FANG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DVN or FANG.
Correlation
The correlation between DVN and FANG is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DVN vs. FANG - Performance Comparison
Key characteristics
DVN:
-0.17
FANG:
0.91
DVN:
-0.07
FANG:
1.37
DVN:
0.99
FANG:
1.18
DVN:
-0.07
FANG:
0.98
DVN:
-0.22
FANG:
2.48
DVN:
19.87%
FANG:
10.34%
DVN:
25.45%
FANG:
28.15%
DVN:
-94.93%
FANG:
-88.72%
DVN:
-52.87%
FANG:
-13.12%
Fundamentals
DVN:
$25.24B
FANG:
$52.61B
DVN:
$5.40
FANG:
$17.44
DVN:
7.03
FANG:
10.33
DVN:
14.90
FANG:
1.20
DVN:
$11.32B
FANG:
$7.36B
DVN:
$3.33B
FANG:
$4.77B
DVN:
$5.43B
FANG:
$4.93B
Returns By Period
In the year-to-date period, DVN achieves a 15.95% return, which is significantly higher than FANG's 9.98% return. Over the past 10 years, DVN has underperformed FANG with an annualized return of -1.27%, while FANG has yielded a comparatively higher 12.73% annualized return.
DVN
15.95%
24.34%
-19.10%
-4.12%
14.51%
-1.27%
FANG
9.98%
17.72%
-10.81%
24.59%
20.20%
12.73%
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Risk-Adjusted Performance
DVN vs. FANG — Risk-Adjusted Performance Rank
DVN
FANG
DVN vs. FANG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Devon Energy Corporation (DVN) and Diamondback Energy, Inc. (FANG). 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.
Dividends
DVN vs. FANG - Dividend Comparison
DVN's dividend yield for the trailing twelve months is around 3.82%, less than FANG's 4.60% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Devon Energy Corporation | 3.82% | 4.43% | 6.34% | 8.41% | 4.47% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% | 1.54% |
Diamondback Energy, Inc. | 4.60% | 5.06% | 5.15% | 6.55% | 1.62% | 3.10% | 0.74% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DVN vs. FANG - Drawdown Comparison
The maximum DVN drawdown since its inception was -94.93%, which is greater than FANG's maximum drawdown of -88.72%. Use the drawdown chart below to compare losses from any high point for DVN and FANG. For additional features, visit the drawdowns tool.
Volatility
DVN vs. FANG - Volatility Comparison
Devon Energy Corporation (DVN) has a higher volatility of 7.88% compared to Diamondback Energy, Inc. (FANG) at 6.04%. This indicates that DVN's price experiences larger fluctuations and is considered to be riskier than FANG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
DVN vs. FANG - Financials Comparison
This section allows you to compare key financial metrics between Devon Energy Corporation and Diamondback Energy, 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