IMO vs. CVE
Compare and contrast key facts about Imperial Oil Limited (IMO) and Cenovus Energy Inc. (CVE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IMO or CVE.
Correlation
The correlation between IMO and CVE is 0.71, 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
IMO vs. CVE - Performance Comparison
Key characteristics
IMO:
0.77
CVE:
0.01
IMO:
1.16
CVE:
0.20
IMO:
1.14
CVE:
1.03
IMO:
0.92
CVE:
0.00
IMO:
2.58
CVE:
0.02
IMO:
7.95%
CVE:
16.11%
IMO:
26.77%
CVE:
27.99%
IMO:
-84.96%
CVE:
-95.01%
IMO:
-13.27%
CVE:
-48.80%
Fundamentals
IMO:
$35.75B
CVE:
$27.62B
IMO:
$6.35
CVE:
$1.40
IMO:
10.76
CVE:
10.80
IMO:
0.85
CVE:
0.45
IMO:
$36.90B
CVE:
$42.53B
IMO:
$5.28B
CVE:
$8.43B
IMO:
$6.09B
CVE:
$8.02B
Returns By Period
In the year-to-date period, IMO achieves a 10.88% return, which is significantly higher than CVE's -0.20% return. Over the past 10 years, IMO has outperformed CVE with an annualized return of 8.06%, while CVE has yielded a comparatively lower -1.06% annualized return.
IMO
10.88%
2.81%
-2.22%
21.60%
23.85%
8.06%
CVE
-0.20%
1.75%
-25.04%
2.28%
12.51%
-1.06%
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Risk-Adjusted Performance
IMO vs. CVE — Risk-Adjusted Performance Rank
IMO
CVE
IMO vs. CVE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Imperial Oil Limited (IMO) and Cenovus Energy Inc. (CVE). 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
IMO vs. CVE - Dividend Comparison
IMO's dividend yield for the trailing twelve months is around 2.57%, less than CVE's 3.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMO Imperial Oil Limited | 2.57% | 2.85% | 2.50% | 2.30% | 2.28% | 3.50% | 2.41% | 2.39% | 1.55% | 1.39% | 1.29% | 1.70% |
CVE Cenovus Energy Inc. | 3.92% | 3.92% | 2.34% | 1.81% | 0.57% | 0.75% | 1.58% | 2.17% | 1.70% | 1.01% | 5.25% | 4.64% |
Drawdowns
IMO vs. CVE - Drawdown Comparison
The maximum IMO drawdown since its inception was -84.96%, smaller than the maximum CVE drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for IMO and CVE. For additional features, visit the drawdowns tool.
Volatility
IMO vs. CVE - Volatility Comparison
Imperial Oil Limited (IMO) has a higher volatility of 7.49% compared to Cenovus Energy Inc. (CVE) at 6.33%. This indicates that IMO's price experiences larger fluctuations and is considered to be riskier than CVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IMO vs. CVE - Financials Comparison
This section allows you to compare key financial metrics between Imperial Oil Limited and Cenovus 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