KEY vs. CVX
KEY (KeyCorp) and CVX (Chevron Corporation) are both stocks. KEY operates in Banks - Regional (Financial Services), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, KEY returned 10.03%/yr vs 10.72%/yr for CVX. At a 0.41 correlation, their price movements are largely independent.
Performance
KEY vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, KEY achieves a 7.52% return, which is significantly lower than CVX's 25.24% return. Over the past 10 years, KEY has underperformed CVX with an annualized return of 10.03%, while CVX has yielded a comparatively higher 10.72% annualized return.
KEY
- 1D
- 0.42%
- 1M
- 1.74%
- YTD
- 7.52%
- 6M
- 15.23%
- 1Y
- 38.89%
- 3Y*
- 33.73%
- 5Y*
- 4.07%
- 10Y*
- 10.03%
CVX
- 1D
- -0.55%
- 1M
- 4.08%
- YTD
- 25.24%
- 6M
- 27.25%
- 1Y
- 39.19%
- 3Y*
- 10.91%
- 5Y*
- 16.22%
- 10Y*
- 10.72%
KEY vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KEY KeyCorp | 7.52% | 26.22% | 25.34% | -11.53% | -21.69% | 45.92% | -14.50% | 42.72% | -24.61% | 12.74% |
CVX Chevron Corporation | 25.24% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between KEY and CVX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2001 | 0.41 |
Over the past year, the correlation between KEY and CVX has dropped to 0.03 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
KEY:
$23.59B
CVX:
$371.98B
KEY:
$1.78
CVX:
$5.75
KEY:
12.25
CVX:
32.55
KEY:
0.50
CVX:
3.17
KEY:
2.12
CVX:
1.93
KEY:
1.35
CVX:
2.02
KEY:
$11.22B
CVX:
$185.89B
KEY:
$7.20B
CVX:
$47.27B
KEY:
$2.51B
CVX:
$40.44B
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Return for Risk
KEY vs. CVX — Risk / Return Rank
KEY
CVX
KEY vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KeyCorp (KEY) 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.
| KEY | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.33 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 3.06 | -0.65 |
| Martin ratioReturn relative to average drawdown | 6.55 | 7.76 | -1.21 |
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
| KEY | CVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 1.94 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.65 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.37 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.37 | -0.23 |
Drawdowns
KEY vs. CVX - Drawdown Comparison
The maximum KEY drawdown since its inception was -87.08%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for KEY and CVX.
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Drawdown Indicators
| KEY | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.08% | -55.77% | -31.31% |
Max Drawdown (1Y)Largest decline over 1 year | -17.76% | -13.99% | -3.77% |
Max Drawdown (3Y)Largest decline over 3 years | -32.21% | -20.64% | -11.57% |
Max Drawdown (5Y)Largest decline over 5 years | -65.23% | -24.95% | -40.28% |
Max Drawdown (10Y)Largest decline over 10 years | -65.23% | -55.77% | -9.46% |
Current DrawdownCurrent decline from peak | -4.38% | -10.48% | +6.10% |
Average DrawdownAverage peak-to-trough decline | -32.89% | -11.39% | -21.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.52% | 5.50% | +1.02% |
Volatility
KEY vs. CVX - Volatility Comparison
KeyCorp (KEY) and Chevron Corporation (CVX) have volatilities of 7.36% and 7.27%, 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
| KEY | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.36% | 7.27% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.24% | 17.77% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.12% | 22.03% | +2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.05% | 25.12% | +12.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.83% | 29.15% | +10.68% |
Dividends
KEY vs. CVX - Dividend Comparison
KEY's dividend yield for the trailing twelve months is around 3.77%, more 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% |
KEY KeyCorp | 3.77% | 3.97% | 4.78% | 5.69% | 4.54% | 3.24% | 4.51% | 3.51% | 3.82% | 1.88% | 1.81% | 3.83% |
Financials
KEY vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between KeyCorp 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
KEY vs. CVX - Profitability Comparison
KEY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KeyCorp reported a gross profit of 1.84B and revenue of 2.73B. Therefore, the gross margin over that period was 67.4%.
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%.
KEY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KeyCorp reported an operating income of 701.00M and revenue of 2.73B, resulting in an operating margin of 25.7%.
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%.
KEY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KeyCorp reported a net income of 522.00M and revenue of 2.73B, resulting in a net margin of 19.1%.
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
KEY and CVX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KEY has higher volatility (7.36%) compared to CVX (7.27%). In terms of maximum drawdown, KEY dropped -87.08% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (1.94 vs 1.78), 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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