OVV.TO vs. SU
OVV.TO (Ovintiv Inc.) and SU (Suncor Energy Inc.) are both stocks. Both are in the Energy sector — OVV.TO in Oil & Gas E&P, SU in Oil & Gas Integrated. Over the past 10 years, OVV.TO returned 6.93%/yr vs 14.44%/yr for SU. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
OVV.TO vs. SU - Performance Comparison
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Different Trading Currencies
OVV.TO is traded in CAD, while SU is traded in USD. To make them comparable, the SU values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, OVV.TO achieves a 53.92% return, which is significantly higher than SU's 50.79% return. Over the past 10 years, OVV.TO has underperformed SU with an annualized return of 6.93%, while SU has yielded a comparatively higher 14.44% annualized return.
OVV.TO
- 1D
- 1.63%
- 1M
- -3.90%
- YTD
- 53.92%
- 6M
- 41.23%
- 1Y
- 62.52%
- 3Y*
- 23.31%
- 5Y*
- 20.01%
- 10Y*
- 6.93%
SU
- 1D
- 0.76%
- 1M
- -2.50%
- YTD
- 50.79%
- 6M
- 47.25%
- 1Y
- 86.97%
- 3Y*
- 37.82%
- 5Y*
- 29.59%
- 10Y*
- 14.44%
OVV.TO vs. SU - 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% |
SU Suncor Energy Inc. | 50.79% | 23.75% | 26.20% | 4.06% | 41.73% | 53.54% | -47.57% | 16.10% | -14.60% | 10.36% |
Correlation
The correlation between OVV.TO and SU is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2009 | 0.58 |
The correlation between OVV.TO and SU shifts across timeframes, from 0.58 (all time) to 0.69 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OVV.TO:
CA$22.08B
SU:
$77.93B
OVV.TO:
CA$2.97
SU:
$5.24
OVV.TO:
27.70
SU:
12.50
OVV.TO:
1.29
SU:
0.45
OVV.TO:
2.38
SU:
1.52
OVV.TO:
1.92
SU:
1.70
OVV.TO:
CA$9.00B
SU:
$52.01B
OVV.TO:
CA$3.78B
SU:
$28.85B
OVV.TO:
CA$4.19B
SU:
$16.36B
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Return for Risk
OVV.TO vs. SU — Risk / Return Rank
OVV.TO
SU
OVV.TO vs. SU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ovintiv Inc. (OVV.TO) and Suncor Energy Inc. (SU). 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 | SU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.57 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 8.51 | -4.64 |
| Martin ratioReturn relative to average drawdown | 8.53 | 21.97 | -13.44 |
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 | SU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.77 | 3.64 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.97 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.42 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.31 | -0.21 |
Drawdowns
OVV.TO vs. SU - Drawdown Comparison
The maximum OVV.TO drawdown since its inception was -97.99%, which is greater than SU's maximum drawdown of -70.54%. Use the drawdown chart below to compare losses from any high point for OVV.TO and SU.
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Drawdown Indicators
| OVV.TO | SU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.99% | -70.54% | -27.45% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | -10.28% | -5.96% |
Max Drawdown (3Y)Largest decline over 3 years | -39.95% | -21.61% | -18.34% |
Max Drawdown (5Y)Largest decline over 5 years | -43.65% | -30.65% | -13.00% |
Max Drawdown (10Y)Largest decline over 10 years | -96.76% | -70.54% | -26.22% |
Current DrawdownCurrent decline from peak | -32.52% | -4.93% | -27.59% |
Average DrawdownAverage peak-to-trough decline | -30.96% | -18.83% | -12.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.35% | 3.97% | +3.38% |
Volatility
OVV.TO vs. SU - Volatility Comparison
The current volatility for Ovintiv Inc. (OVV.TO) is 9.92%, while Suncor Energy Inc. (SU) has a volatility of 11.36%. This indicates that OVV.TO experiences smaller price fluctuations and is considered to be less risky than SU 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 | SU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.92% | 11.36% | -1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 26.43% | 19.51% | +6.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.73% | 24.01% | +11.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.58% | 30.63% | +12.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.18% | 34.43% | +23.75% |
Dividends
OVV.TO vs. SU - Dividend Comparison
OVV.TO's dividend yield for the trailing twelve months is around 2.00%, less than SU's 2.59% 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% |
SU Suncor Energy Inc. | 2.59% | 3.72% | 4.51% | 5.27% | 4.56% | 3.34% | 4.93% | 3.84% | 4.24% | 4.16% | 3.55% | 4.42% |
Financials
OVV.TO vs. SU - Financials Comparison
This section allows you to compare key financial metrics between Ovintiv Inc. and Suncor Energy Inc.. 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. SU - 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%.
SU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Suncor Energy Inc. reported a gross profit of 7.53B and revenue of 15.42B. Therefore, the gross margin over that period was 48.8%.
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%.
SU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Suncor Energy Inc. reported an operating income of 2.90B and revenue of 15.42B, resulting in an operating margin of 18.8%.
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%.
SU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Suncor Energy Inc. reported a net income of 2.10B and revenue of 15.42B, resulting in a net margin of 13.6%.
Frequently Asked Questions
OVV.TO and SU have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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