E vs. COP
E (Eni S.p.A.) and COP (ConocoPhillips Company) are both stocks. Both are in the Energy sector — E in Oil & Gas Integrated, COP in Oil & Gas E&P. Over the past 10 years, E returned 12.46%/yr vs 13.66%/yr for COP. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
E vs. COP - Performance Comparison
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Returns By Period
In the year-to-date period, E achieves a 44.27% return, which is significantly higher than COP's 26.87% return. Over the past 10 years, E has underperformed COP with an annualized return of 12.46%, while COP has yielded a comparatively higher 13.66% annualized return.
E
- 1D
- -1.04%
- 1M
- -2.55%
- YTD
- 44.27%
- 6M
- 45.57%
- 1Y
- 75.29%
- 3Y*
- 32.48%
- 5Y*
- 23.85%
- 10Y*
- 12.46%
COP
- 1D
- 1.40%
- 1M
- -0.36%
- YTD
- 26.87%
- 6M
- 24.31%
- 1Y
- 27.63%
- 3Y*
- 7.68%
- 5Y*
- 18.49%
- 10Y*
- 13.66%
E vs. COP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
E Eni S.p.A. | 44.27% | 48.40% | -13.95% | 26.73% | 10.92% | 43.12% | -28.73% | 4.29% | -0.98% | 7.27% |
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 E and COP is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 1995 | 0.54 |
The correlation between E and COP has been stable across timeframes, ranging from 0.54 to 0.64 - a consistent structural relationship.
Fundamentals
E:
$80.49B
COP:
$143.30B
E:
€1.65
COP:
$5.90
E:
28.11
COP:
19.83
E:
2.64
COP:
1.15
E:
0.89
COP:
2.49
E:
1.41
COP:
2.22
E:
€79.65B
COP:
$58.31B
E:
€2.60B
COP:
$17.02B
E:
€15.30B
COP:
$22.44B
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Return for Risk
E vs. COP — Risk / Return Rank
E
COP
E vs. COP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eni S.p.A. (E) 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.
| E | COP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.17 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 8.14 | 1.86 | +6.27 |
| Martin ratioReturn relative to average drawdown | 26.54 | 4.08 | +22.46 |
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Drawdowns
E vs. COP - Drawdown Comparison
The maximum E drawdown since its inception was -70.53%, smaller than the maximum COP drawdown of -84.55%. Use the drawdown chart below to compare losses from any high point for E and COP.
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Drawdown Indicators
| E | COP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.53% | -84.55% | +14.02% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -14.90% | +5.60% |
Max Drawdown (3Y)Largest decline over 3 years | -20.13% | -36.19% | +16.06% |
Max Drawdown (5Y)Largest decline over 5 years | -33.71% | -36.19% | +2.48% |
Max Drawdown (10Y)Largest decline over 10 years | -61.59% | -70.66% | +9.07% |
Current DrawdownCurrent decline from peak | -6.08% | -11.92% | +5.84% |
Average DrawdownAverage peak-to-trough decline | -23.07% | -25.49% | +2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 6.80% | -3.95% |
Volatility
E vs. COP - Volatility Comparison
The current volatility for Eni S.p.A. (E) is 6.01%, while ConocoPhillips Company (COP) has a volatility of 8.72%. This indicates that E 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.
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Volatility by Period
| E | COP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 8.72% | -2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 19.56% | 23.05% | -3.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.72% | 29.33% | -6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.04% | 32.80% | -7.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.30% | 37.64% | -9.34% |
Dividends
E vs. COP - Dividend Comparison
E's dividend yield for the trailing twelve months is around 4.50%, more 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% |
E Eni S.p.A. | 4.50% | 5.88% | 7.69% | 5.74% | 6.38% | 5.79% | 5.91% | 6.11% | 5.15% | 3.96% | 3.98% | 5.14% |
Financials
E vs. COP - Financials Comparison
This section allows you to compare key financial metrics between Eni S.p.A. 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
E vs. COP - Profitability Comparison
E - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eni S.p.A. reported a gross profit of 1.20B and revenue of 20.07B. Therefore, the gross margin over that period was 6.0%.
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%.
E - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eni S.p.A. reported an operating income of 1.47B and revenue of 20.07B, resulting in an operating margin of 7.3%.
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%.
E - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eni S.p.A. reported a net income of 1.09B and revenue of 20.07B, resulting in a net margin of 5.4%.
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
E and COP have a correlation of 0.58, 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 E (6.01%). In terms of maximum drawdown, E dropped -70.53% vs COP's -84.55%.
E currently has the higher Sharpe Ratio (3.34 vs 0.95), 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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