NOV vs. SUN
NOV (National Oilwell Varco, Inc.) and SUN (Sunoco LP) are both stocks. Both are in the Energy sector — NOV in Oil & Gas Equipment & Services, SUN in Oil & Gas Refining & Marketing. Over the past 10 years, NOV returned -3.52%/yr vs 18.66%/yr for SUN. At a 0.31 correlation, their price movements are largely independent.
Performance
NOV vs. SUN - Performance Comparison
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Returns By Period
In the year-to-date period, NOV achieves a 37.04% return, which is significantly higher than SUN's 28.53% return. Over the past 10 years, NOV has underperformed SUN with an annualized return of -3.52%, while SUN has yielded a comparatively higher 18.66% annualized return.
NOV
- 1D
- 0.48%
- 1M
- 4.65%
- YTD
- 37.04%
- 6M
- 30.69%
- 1Y
- 58.42%
- 3Y*
- 14.65%
- 5Y*
- 6.53%
- 10Y*
- -3.52%
SUN
- 1D
- 1.57%
- 1M
- -8.21%
- YTD
- 28.53%
- 6M
- 25.21%
- 1Y
- 31.07%
- 3Y*
- 21.16%
- 5Y*
- 19.32%
- 10Y*
- 18.66%
NOV vs. SUN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOV National Oilwell Varco, Inc. | 37.04% | 11.30% | -26.81% | -1.83% | 55.72% | -0.89% | -44.93% | -1.69% | -28.28% | -3.23% |
SUN Sunoco LP | 28.53% | 8.88% | -8.59% | 49.38% | 13.95% | 55.26% | 6.28% | 24.78% | 7.71% | 17.86% |
Correlation
The correlation between NOV and SUN is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2012 | 0.31 |
The correlation between NOV and SUN shifts across timeframes, from 0.25 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NOV:
$7.69B
SUN:
$3.37T
NOV:
$0.25
SUN:
$0.06
NOV:
85.80
SUN:
1.02K
NOV:
0.90
SUN:
42.37
NOV:
1.23
SUN:
1.30K
NOV:
$8.69B
SUN:
$20.02B
NOV:
$1.70B
SUN:
$1.75B
NOV:
$633.00M
SUN:
$2.10B
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Return for Risk
NOV vs. SUN — Risk / Return Rank
NOV
SUN
NOV vs. SUN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Oilwell Varco, Inc. (NOV) and Sunoco LP (SUN). 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.
| NOV | SUN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.21 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | 2.64 | +1.27 |
| Martin ratioReturn relative to average drawdown | 10.14 | 6.54 | +3.60 |
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Drawdowns
NOV vs. SUN - Drawdown Comparison
The maximum NOV drawdown since its inception was -89.77%, which is greater than SUN's maximum drawdown of -65.47%. Use the drawdown chart below to compare losses from any high point for NOV and SUN.
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Drawdown Indicators
| NOV | SUN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.77% | -65.47% | -24.30% |
Max Drawdown (1Y)Largest decline over 1 year | -16.10% | -11.05% | -5.05% |
Max Drawdown (3Y)Largest decline over 3 years | -47.15% | -21.29% | -25.86% |
Max Drawdown (5Y)Largest decline over 5 years | -53.70% | -21.29% | -32.41% |
Max Drawdown (10Y)Largest decline over 10 years | -83.26% | -62.94% | -20.32% |
Current DrawdownCurrent decline from peak | -70.35% | -9.53% | -60.82% |
Average DrawdownAverage peak-to-trough decline | -45.20% | -16.30% | -28.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.20% | 4.47% | +1.73% |
Volatility
NOV vs. SUN - Volatility Comparison
National Oilwell Varco, Inc. (NOV) has a higher volatility of 11.51% compared to Sunoco LP (SUN) at 8.22%. This indicates that NOV's price experiences larger fluctuations and is considered to be riskier than SUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOV | SUN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 8.22% | +3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 26.13% | 16.97% | +9.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.20% | 23.06% | +15.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.45% | 23.67% | +18.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.27% | 31.76% | +15.51% |
Dividends
NOV vs. SUN - Dividend Comparison
NOV's dividend yield for the trailing twelve months is around 2.34%, less than SUN's 5.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOV National Oilwell Varco, Inc. | 1.99% | 3.26% | 1.88% | 0.99% | 0.96% | 0.37% | 0.36% | 0.80% | 0.78% | 0.56% | 1.63% | 5.49% |
SUN Sunoco LP | 5.74% | 6.89% | 6.74% | 5.59% | 7.66% | 8.09% | 11.47% | 10.79% | 12.14% | 11.63% | 12.16% | 6.78% |
Financials
NOV vs. SUN - Financials Comparison
This section allows you to compare key financial metrics between National Oilwell Varco, Inc. and Sunoco LP. 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
Frequently Asked Questions
NOV and SUN 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.
NOV has higher volatility (11.51%) compared to SUN (8.22%). In terms of maximum drawdown, NOV dropped -89.77% vs SUN's -65.47%.
NOV currently has the higher Sharpe Ratio (1.65 vs 1.27), 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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