HLMA.L vs. CVX
HLMA.L (Halma plc) and CVX (Chevron Corporation) are both stocks. HLMA.L operates in Conglomerates (Industrials), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, HLMA.L returned 18.37%/yr vs 11.61%/yr for CVX. At a 0.13 correlation, their price movements are largely independent.
Performance
HLMA.L vs. CVX - Performance Comparison
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Different Trading Currencies
HLMA.L is traded in GBp, while CVX is traded in USD. To make them comparable, the CVX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, HLMA.L achieves a 33.47% return, which is significantly higher than CVX's 26.50% return. Over the past 10 years, HLMA.L has outperformed CVX with an annualized return of 18.37%, while CVX has yielded a comparatively lower 11.61% annualized return.
HLMA.L
- 1D
- 1.24%
- 1M
- 3.80%
- YTD
- 33.47%
- 6M
- 29.66%
- 1Y
- 59.70%
- 3Y*
- 26.08%
- 5Y*
- 12.90%
- 10Y*
- 18.37%
CVX
- 1D
- 0.00%
- 1M
- 6.36%
- YTD
- 26.50%
- 6M
- 28.18%
- 1Y
- 41.14%
- 3Y*
- 8.04%
- 5Y*
- 17.69%
- 10Y*
- 11.61%
HLMA.L vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLMA.L Halma plc | 33.47% | 32.52% | 18.70% | 16.78% | -37.74% | 31.48% | 16.58% | 56.35% | 9.47% | 42.10% |
CVX Chevron Corporation | 27.76% | 2.26% | 3.06% | -17.95% | 77.30% | 47.63% | -28.13% | 10.89% | -4.40% | 1.03% |
Correlation
The correlation between HLMA.L and CVX is -0.25, 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 | -0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007 | 0.13 |
The correlation between HLMA.L and CVX shifts across timeframes, from -0.25 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HLMA.L:
£17.89B
CVX:
$375.81B
HLMA.L:
£1.46
CVX:
$5.75
HLMA.L:
32.33
CVX:
32.89
HLMA.L:
3.11
CVX:
3.20
HLMA.L:
4.49
CVX:
1.95
HLMA.L:
9.00
CVX:
2.05
HLMA.L:
£3.98B
CVX:
$185.89B
HLMA.L:
£1.17B
CVX:
$47.27B
HLMA.L:
£936.80M
CVX:
$40.44B
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Return for Risk
HLMA.L vs. CVX — Risk / Return Rank
HLMA.L
CVX
HLMA.L vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Halma plc (HLMA.L) 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.
| HLMA.L | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.31 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.39 | 2.48 | +1.91 |
| Martin ratioReturn relative to average drawdown | 17.18 | 6.73 | +10.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HLMA.L | CVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 1.77 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.70 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.40 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.38 | +0.33 |
Drawdowns
HLMA.L vs. CVX - Drawdown Comparison
The maximum HLMA.L drawdown since its inception was -42.86%, smaller than the maximum CVX drawdown of -52.60%. Use the drawdown chart below to compare losses from any high point for HLMA.L and CVX.
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Drawdown Indicators
| HLMA.L | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.86% | -52.60% | +9.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.53% | -16.64% | +3.11% |
Max Drawdown (3Y)Largest decline over 3 years | -25.75% | -24.41% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -42.86% | -31.98% | -10.88% |
Max Drawdown (10Y)Largest decline over 10 years | -42.86% | -52.60% | +9.74% |
Current DrawdownCurrent decline from peak | -3.20% | -11.34% | +8.14% |
Average DrawdownAverage peak-to-trough decline | -10.17% | -11.65% | +1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 6.13% | -2.67% |
Volatility
HLMA.L vs. CVX - Volatility Comparison
Halma plc (HLMA.L) has a higher volatility of 8.81% compared to Chevron Corporation (CVX) at 7.55%. This indicates that HLMA.L's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLMA.L | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.81% | 7.55% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 19.91% | 18.90% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.85% | 23.39% | +1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.91% | 25.27% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.72% | 29.13% | -4.41% |
Dividends
HLMA.L vs. CVX - Dividend Comparison
HLMA.L's dividend yield for the trailing twelve months is around 0.50%, less than CVX's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.69% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
HLMA.L Halma plc | 0.50% | 0.67% | 0.83% | 0.91% | 0.98% | 0.57% | 0.69% | 0.76% | 1.11% | 1.12% | 0.00% | 0.00% |
Financials
HLMA.L vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Halma plc 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
HLMA.L vs. CVX - Profitability Comparison
HLMA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halma plc reported a gross profit of 0.00 and revenue of 1.24B. Therefore, the gross margin over that period was 0.0%.
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%.
HLMA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halma plc reported an operating income of 256.90M and revenue of 1.24B, resulting in an operating margin of 20.8%.
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%.
HLMA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halma plc reported a net income of 186.80M and revenue of 1.24B, resulting in a net margin of 15.1%.
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
HLMA.L and CVX have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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