ECL vs. CVX
ECL (Ecolab Inc.) and CVX (Chevron Corporation) are both stocks. ECL operates in Specialty Chemicals (Basic Materials), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, ECL returned 9.50%/yr vs 10.94%/yr for CVX. At a 0.38 correlation, their price movements are largely independent.
Performance
ECL vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, ECL achieves a 1.37% return, which is significantly lower than CVX's 25.18% return. Over the past 10 years, ECL has underperformed CVX with an annualized return of 9.50%, while CVX has yielded a comparatively higher 10.94% annualized return.
ECL
- 1D
- 0.68%
- 1M
- 7.18%
- YTD
- 1.37%
- 6M
- 1.24%
- 1Y
- 1.50%
- 3Y*
- 14.71%
- 5Y*
- 5.51%
- 10Y*
- 9.50%
CVX
- 1D
- 0.75%
- 1M
- -1.13%
- YTD
- 25.18%
- 6M
- 27.20%
- 1Y
- 33.69%
- 3Y*
- 10.25%
- 5Y*
- 16.33%
- 10Y*
- 10.94%
ECL vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ECL Ecolab Inc. | 1.37% | 13.19% | 19.29% | 37.94% | -37.10% | 9.38% | 13.17% | 32.26% | 11.07% | 15.80% |
CVX Chevron Corporation | 25.18% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between ECL and CVX is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2001 | 0.38 |
The correlation between ECL and CVX shifts across timeframes, from -0.15 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ECL:
$75.30B
CVX:
$371.80B
ECL:
$7.40
CVX:
$5.75
ECL:
35.88
CVX:
32.54
ECL:
1.90
CVX:
3.17
ECL:
4.59
CVX:
1.93
ECL:
7.53
CVX:
2.02
ECL:
$16.45B
CVX:
$185.89B
ECL:
$7.29B
CVX:
$47.27B
ECL:
$3.28B
CVX:
$40.44B
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Return for Risk
ECL vs. CVX — Risk / Return Rank
ECL
CVX
ECL vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecolab Inc. (ECL) and Chevron Corporation (CVX). 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.
| ECL | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.27 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 2.48 | -2.53 |
| Martin ratioReturn relative to average drawdown | -0.12 | 6.10 | -6.21 |
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Drawdowns
ECL vs. CVX - Drawdown Comparison
The maximum ECL drawdown since its inception was -47.19%, smaller than the maximum CVX drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for ECL and CVX.
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Drawdown Indicators
| ECL | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.19% | -55.77% | +8.58% |
Max Drawdown (1Y)Largest decline over 1 year | -20.09% | -13.99% | -6.10% |
Max Drawdown (3Y)Largest decline over 3 years | -20.09% | -20.64% | +0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | -24.95% | -18.75% |
Max Drawdown (10Y)Largest decline over 10 years | -43.70% | -55.77% | +12.07% |
Current DrawdownCurrent decline from peak | -13.70% | -10.52% | -3.18% |
Average DrawdownAverage peak-to-trough decline | -7.98% | -11.39% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.77% | 5.68% | +3.09% |
Volatility
ECL vs. CVX - Volatility Comparison
Ecolab Inc. (ECL) and Chevron Corporation (CVX) have volatilities of 7.47% and 7.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECL | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.47% | 7.62% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 15.88% | 17.86% | -1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.01% | 22.06% | -1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.89% | 25.15% | -1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.02% | 29.16% | -4.14% |
Dividends
ECL vs. CVX - Dividend Comparison
ECL's dividend yield for the trailing twelve months is around 1.04%, less than CVX's 3.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.73% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
ECL Ecolab Inc. | 1.04% | 1.02% | 1.01% | 1.09% | 1.42% | 0.83% | 0.87% | 0.96% | 1.15% | 1.13% | 1.21% | 1.17% |
Financials
ECL vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Ecolab Inc. and Chevron Corporation. 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
ECL vs. CVX - Profitability Comparison
ECL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported a gross profit of 1.77B and revenue of 4.07B. Therefore, the gross margin over that period was 43.6%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a gross profit of 4.55B and revenue of 47.56B. Therefore, the gross margin over that period was 9.6%.
ECL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported an operating income of 622.00M and revenue of 4.07B, resulting in an operating margin of 15.3%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported an operating income of 3.24B and revenue of 47.56B, resulting in an operating margin of 6.8%.
ECL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported a net income of 432.60M and revenue of 4.07B, resulting in a net margin of 10.6%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a net income of 2.21B and revenue of 47.56B, resulting in a net margin of 4.7%.
Frequently Asked Questions
ECL and CVX have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVX has higher volatility (7.62%) compared to ECL (7.47%). In terms of maximum drawdown, ECL dropped -47.19% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (1.57 vs -0.05), 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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