MVO vs. SBR

Last updated Apr 2, 2026

Compare and contrast key facts about MV Oil Trust (MVO) and Sabine Royalty Trust (SBR).

Performance

MVO vs. SBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MV Oil Trust (MVO) and Sabine Royalty Trust (SBR). The values are adjusted to include any dividend payments, if applicable.

MVO vs. SBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MVO MV Oil Trust	88.50%	-82.24%	-22.69%	-18.19%	123.83%	225.88%	-44.46%	2.30%	-4.24%	51.17%
SBR Sabine Royalty Trust	8.14%	14.04%	4.06%	-13.10%	132.08%	60.71%	-24.24%	15.77%	-9.61%	34.83%

Fundamentals

EPS MVO : $1.03 SBR : $5.44
PE Ratio MVO : 2.13 SBR : 13.47
PEG Ratio MVO : 0.04 SBR : 0.36
PS Ratio MVO : 1.97 SBR : 12.88
Total Revenue (TTM) MVO : $12.78M SBR : $82.92M
Gross Profit (TTM) MVO : $12.78M SBR : $82.92M
EBITDA (TTM) MVO : $11.85M SBR : $78.91M

Returns By Period

In the year-to-date period, MVO achieves a 88.50% return, which is significantly higher than SBR's 8.14% return. Over the past 10 years, MVO has underperformed SBR with an annualized return of 6.10%, while SBR has yielded a comparatively higher 18.76% annualized return.

MVO

• 1D: -3.10%
• 1M: -27.72%
• YTD: 88.50%
• 6M: -57.84%
• 1Y: -52.98%
• 3Y*: -34.27%
• 5Y*: 1.18%
• 10Y*: 6.10%

SBR

• 1D: -2.80%
• 1M: -0.05%
• YTD: 8.14%
• 6M: -5.50%
• 1Y: 14.18%
• 3Y*: 9.12%
• 5Y*: 30.01%
• 10Y*: 18.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MVO vs. SBR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MVO

MVO Risk / Return Rank: 23
MVO Sharpe Ratio Rank: 22
MVO Sortino Ratio Rank: 29
MVO Omega Ratio Rank: 30
MVO Calmar Ratio Rank: 19
MVO Martin Ratio Rank: 18

SBR

SBR Risk / Return Rank: 56
SBR Sharpe Ratio Rank: 61
SBR Sortino Ratio Rank: 51
SBR Omega Ratio Rank: 52
SBR Calmar Ratio Rank: 60
SBR Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MVO vs. SBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MV Oil Trust (MVO) and Sabine Royalty Trust (SBR). 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.

	MVO	SBR	Difference
Sharpe ratio Return per unit of total volatility	-0.43	0.56	-0.98
Sortino ratio Return per unit of downside risk	0.02	0.87	-0.85
Omega ratio Gain probability vs. loss probability	1.00	1.12	-0.12
Calmar ratio Return relative to maximum drawdown	-0.62	0.86	-1.48
Martin ratio Return relative to average drawdown	-1.17	1.83	-3.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MVO vs. SBR - Sharpe Ratio Comparison

The current MVO Sharpe Ratio is -0.43, which is lower than the SBR Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of MVO and SBR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MVO	SBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.43	0.56	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.95	-0.93
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.60	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	0.53	-0.54

Correlation

The correlation between MVO and SBR is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MVO vs. SBR - Dividend Comparison

MVO's dividend yield for the trailing twelve months is around 36.76%, more than SBR's 6.65% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MVO MV Oil Trust	36.76%	72.98%	19.12%	12.15%	13.59%	11.16%	15.71%	16.75%	20.29%	8.57%	6.42%	26.18%
SBR Sabine Royalty Trust	6.65%	7.53%	8.41%	9.41%	10.13%	7.72%	8.59%	7.49%	8.98%	5.31%	5.50%	11.82%

Drawdowns

MVO vs. SBR - Drawdown Comparison

The maximum MVO drawdown since its inception was -90.76%, which is greater than SBR's maximum drawdown of -56.40%. Use the drawdown chart below to compare losses from any high point for MVO and SBR.

Drawdown Indicators

	MVO	SBR	Difference
Max Drawdown Largest peak-to-trough decline	-90.76%	-56.40%	-34.36%
Max Drawdown (1Y) Largest decline over 1 year	-82.89%	-18.54%	-64.35%
Max Drawdown (5Y) Largest decline over 5 years	-90.76%	-34.56%	-56.20%
Max Drawdown (10Y) Largest decline over 10 years	-90.76%	-50.71%	-40.05%
Current Drawdown Current decline from peak	-78.83%	-8.54%	-70.29%
Average Drawdown Average peak-to-trough decline	-40.80%	-13.68%	-27.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.93%	8.75%	+35.18%

Volatility

MVO vs. SBR - Volatility Comparison

MV Oil Trust (MVO) has a higher volatility of 30.24% compared to Sabine Royalty Trust (SBR) at 7.77%. This indicates that MVO's price experiences larger fluctuations and is considered to be riskier than SBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MVO	SBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.24%	7.77%	+22.47%
Volatility (6M) Calculated over the trailing 6-month period	123.17%	19.35%	+103.82%
Volatility (1Y) Calculated over the trailing 1-year period	124.15%	25.62%	+98.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.94%	31.86%	+40.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.48%	31.36%	+35.12%

Financials

MVO vs. SBR - Profitability Comparison

The chart below illustrates the profitability comparison between MV Oil Trust and Sabine Royalty Trust over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MVO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MV Oil Trust reported a gross profit of 2.36M and revenue of 2.36M. Therefore, the gross margin over that period was 100.0%.

SBR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sabine Royalty Trust reported a gross profit of 25.52M and revenue of 25.52M. Therefore, the gross margin over that period was 100.0%.

MVO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MV Oil Trust reported an operating income of 2.13M and revenue of 2.36M, resulting in an operating margin of 90.2%.

SBR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sabine Royalty Trust reported an operating income of 24.75M and revenue of 25.52M, resulting in an operating margin of 97.0%.

MVO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MV Oil Trust reported a net income of 2.13M and revenue of 2.36M, resulting in a net margin of 90.2%.

SBR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sabine Royalty Trust reported a net income of 24.75M and revenue of 25.52M, resulting in a net margin of 97.0%.