OVV.TO vs. SCR.TO
OVV.TO (Ovintiv Inc.) and SCR.TO (Strathcona Resources Ltd.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, OVV.TO returned 6.63%/yr vs 10.50%/yr for SCR.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
OVV.TO vs. SCR.TO - Performance Comparison
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Returns By Period
In the year-to-date period, OVV.TO achieves a 53.92% return, which is significantly lower than SCR.TO's 70.74% return. Over the past 10 years, OVV.TO has underperformed SCR.TO with an annualized return of 6.63%, while SCR.TO has yielded a comparatively higher 10.50% annualized return.
OVV.TO
- 1D
- 0.00%
- 1M
- -4.20%
- YTD
- 53.92%
- 6M
- 41.35%
- 1Y
- 65.51%
- 3Y*
- 22.76%
- 5Y*
- 20.01%
- 10Y*
- 6.63%
SCR.TO
- 1D
- 4.31%
- 1M
- 5.29%
- YTD
- 70.74%
- 6M
- 11.22%
- 1Y
- 65.48%
- 3Y*
- 11.05%
- 5Y*
- 16.00%
- 10Y*
- 10.50%
OVV.TO vs. SCR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OVV.TO Ovintiv Inc. | 53.92% | -4.83% | 2.89% | -12.76% | 64.11% | 136.29% | -36.05% | -21.66% | -52.84% | 7.02% |
SCR.TO Strathcona Resources Ltd. | 70.74% | -8.46% | 49.61% | -49.71% | -22.88% | 480.60% | -60.36% | -15.50% | -42.86% | -39.66% |
Correlation
The correlation between OVV.TO and SCR.TO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2009 | 0.27 |
Over the past year, OVV.TO and SCR.TO have become more correlated (0.47) than their long-term average of 0.27, meaning their price movements have been converging.
Fundamentals
OVV.TO:
CA$22.08B
SCR.TO:
CA$10.35B
OVV.TO:
CA$2.97
SCR.TO:
CA$3.48
OVV.TO:
27.70
SCR.TO:
13.92
OVV.TO:
1.29
SCR.TO:
0.17
OVV.TO:
2.38
SCR.TO:
2.81
OVV.TO:
1.92
SCR.TO:
2.40
OVV.TO:
CA$9.00B
SCR.TO:
CA$3.69B
OVV.TO:
CA$3.78B
SCR.TO:
CA$952.70M
OVV.TO:
CA$4.19B
SCR.TO:
CA$1.53B
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Return for Risk
OVV.TO vs. SCR.TO — Risk / Return Rank
OVV.TO
SCR.TO
OVV.TO vs. SCR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ovintiv Inc. (OVV.TO) and Strathcona Resources Ltd. (SCR.TO). 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.
| OVV.TO | SCR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.29 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 1.63 | +2.43 |
| Martin ratioReturn relative to average drawdown | 8.93 | 3.84 | +5.09 |
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
| OVV.TO | SCR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 1.42 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.31 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.17 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.00 | +0.11 |
Drawdowns
OVV.TO vs. SCR.TO - Drawdown Comparison
The maximum OVV.TO drawdown since its inception was -97.99%, roughly equal to the maximum SCR.TO drawdown of -95.22%. Use the drawdown chart below to compare losses from any high point for OVV.TO and SCR.TO.
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Drawdown Indicators
| OVV.TO | SCR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.99% | -95.22% | -2.77% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | -40.44% | +24.20% |
Max Drawdown (3Y)Largest decline over 3 years | -39.95% | -48.39% | +8.44% |
Max Drawdown (5Y)Largest decline over 5 years | -43.65% | -78.14% | +34.49% |
Max Drawdown (10Y)Largest decline over 10 years | -96.76% | -95.22% | -1.54% |
Current DrawdownCurrent decline from peak | -32.52% | -48.87% | +16.35% |
Average DrawdownAverage peak-to-trough decline | -30.96% | -64.23% | +33.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.36% | 17.09% | -9.73% |
Volatility
OVV.TO vs. SCR.TO - Volatility Comparison
The current volatility for Ovintiv Inc. (OVV.TO) is 9.91%, while Strathcona Resources Ltd. (SCR.TO) has a volatility of 16.07%. This indicates that OVV.TO experiences smaller price fluctuations and is considered to be less risky than SCR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OVV.TO | SCR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.91% | 16.07% | -6.16% |
Volatility (6M)Calculated over the trailing 6-month period | 26.33% | 42.99% | -16.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.54% | 46.44% | -10.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.58% | 51.35% | -7.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.17% | 62.95% | -4.78% |
Dividends
OVV.TO vs. SCR.TO - Dividend Comparison
OVV.TO's dividend yield for the trailing twelve months is around 2.00%, more than SCR.TO's 0.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OVV.TO Ovintiv Inc. | 2.00% | 3.10% | 2.83% | 2.67% | 1.82% | 1.38% | 2.74% | 1.64% | 0.72% | 0.46% | 0.50% | 5.16% |
SCR.TO Strathcona Resources Ltd. | 0.62% | 1.98% | 1.59% | 6.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OVV.TO vs. SCR.TO - Financials Comparison
This section allows you to compare key financial metrics between Ovintiv Inc. and Strathcona Resources Ltd.. 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
OVV.TO vs. SCR.TO - Profitability Comparison
OVV.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ovintiv Inc. reported a gross profit of 982.47M and revenue of 2.59B. Therefore, the gross margin over that period was 38.0%.
SCR.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Strathcona Resources Ltd. reported a gross profit of 255.00M and revenue of 992.00M. Therefore, the gross margin over that period was 25.7%.
OVV.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ovintiv Inc. reported an operating income of 791.96M and revenue of 2.59B, resulting in an operating margin of 30.6%.
SCR.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Strathcona Resources Ltd. reported an operating income of 214.00M and revenue of 992.00M, resulting in an operating margin of 21.6%.
OVV.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ovintiv Inc. reported a net income of -628.38M and revenue of 2.59B, resulting in a net margin of -24.3%.
SCR.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Strathcona Resources Ltd. reported a net income of 39.00M and revenue of 992.00M, resulting in a net margin of 3.9%.
Frequently Asked Questions
OVV.TO and SCR.TO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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