OVV vs. AAPL
Compare and contrast key facts about Ovintiv Inc. (OVV) and Apple Inc (AAPL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OVV or AAPL.
Correlation
The correlation between OVV and AAPL is 0.24, 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.
Performance
OVV vs. AAPL - Performance Comparison
Key characteristics
OVV:
0.16
AAPL:
0.88
OVV:
0.44
AAPL:
1.37
OVV:
1.05
AAPL:
1.17
OVV:
0.06
AAPL:
1.25
OVV:
0.27
AAPL:
3.45
OVV:
18.49%
AAPL:
6.05%
OVV:
30.51%
AAPL:
23.69%
OVV:
-98.88%
AAPL:
-81.80%
OVV:
-74.97%
AAPL:
-12.12%
Fundamentals
OVV:
$11.07B
AAPL:
$3.42T
OVV:
$7.58
AAPL:
$6.15
OVV:
5.61
AAPL:
37.01
OVV:
$7.04B
AAPL:
$395.76B
OVV:
$2.73B
AAPL:
$184.10B
OVV:
$3.51B
AAPL:
$134.27B
Returns By Period
In the year-to-date period, OVV achieves a 4.99% return, which is significantly higher than AAPL's -9.10% return. Over the past 10 years, OVV has underperformed AAPL with an annualized return of -2.45%, while AAPL has yielded a comparatively higher 23.70% annualized return.
OVV
4.99%
0.21%
1.59%
4.54%
24.03%
-2.45%
AAPL
-9.10%
-6.21%
5.51%
21.47%
24.03%
23.70%
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Risk-Adjusted Performance
OVV vs. AAPL — Risk-Adjusted Performance Rank
OVV
AAPL
OVV vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ovintiv Inc. (OVV) and Apple Inc (AAPL). 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.
Dividends
OVV vs. AAPL - Dividend Comparison
OVV's dividend yield for the trailing twelve months is around 2.82%, more than AAPL's 0.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OVV Ovintiv Inc. | 2.82% | 2.96% | 2.62% | 1.87% | 1.39% | 2.61% | 1.60% | 1.04% | 0.45% | 0.51% | 5.50% | 2.02% |
AAPL Apple Inc | 0.33% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
Drawdowns
OVV vs. AAPL - Drawdown Comparison
The maximum OVV drawdown since its inception was -98.88%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for OVV and AAPL. For additional features, visit the drawdowns tool.
Volatility
OVV vs. AAPL - Volatility Comparison
The current volatility for Ovintiv Inc. (OVV) is 8.71%, while Apple Inc (AAPL) has a volatility of 9.38%. This indicates that OVV experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
OVV vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Ovintiv Inc. and Apple 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