NVA.TO vs. BZ=F

Last updated Apr 2, 2026

Compare and contrast key facts about NuVista Energy Ltd. (NVA.TO) and Crude Oil Brent (BZ=F).

Performance

NVA.TO vs. BZ=F - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in NuVista Energy Ltd. (NVA.TO) and Crude Oil Brent (BZ=F). The values are adjusted to include any dividend payments, if applicable.

NVA.TO vs. BZ=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NVA.TO NuVista Energy Ltd.	5.08%	31.11%	25.18%	-11.54%	79.31%	640.43%	-70.53%	-21.81%	-49.13%	15.56%
BZ=F Crude Oil Brent	66.92%	-22.21%	5.21%	-12.30%	18.32%	48.80%	-22.84%	16.65%	-12.72%	10.19%

Different Trading Currencies

NVA.TO is traded in CAD, while BZ=F is traded in USD. To make them comparable, the BZ=F values have been converted to CAD using the latest available exchange rates.

Returns By Period

NVA.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BZ=F

• 1D: -15.37%
• 1M: 31.12%
• YTD: 66.92%
• 6M: 53.05%
• 1Y: 30.82%
• 3Y*: 8.93%
• 5Y*: 11.36%
• 10Y*: 10.73%

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

Return for Risk

NVA.TO vs. BZ=F — Risk / Return Rank

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

BZ=F

BZ=F Risk / Return Rank: 26
BZ=F Sharpe Ratio Rank: 18
BZ=F Sortino Ratio Rank: 19
BZ=F Omega Ratio Rank: 19
BZ=F Calmar Ratio Rank: 44
BZ=F Martin Ratio Rank: 29

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.

NVA.TO vs. BZ=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NuVista Energy Ltd. (NVA.TO) and Crude Oil Brent (BZ=F). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NVA.TO	BZ=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.64	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.31	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.14	—

Correlation

The correlation between NVA.TO and BZ=F is 0.39, 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.

Drawdowns

Drawdown Indicators

	NVA.TO	BZ=F	Difference
Max Drawdown Largest peak-to-trough decline	—	-86.77%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-23.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-53.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-77.60%	—
Current Drawdown Current decline from peak	—	-31.34%	—
Average Drawdown Average peak-to-trough decline	—	-41.03%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.39%	—

Volatility

Volatility by Period

	NVA.TO	BZ=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	32.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	42.43%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	34.76%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	36.99%	—