PBR vs. CVI
PBR (Petróleo Brasileiro S.A. - Petrobras) and CVI (CVR Energy, Inc.) are both stocks. Both are in the Energy sector — PBR in Oil & Gas Integrated, CVI in Oil & Gas Refining & Marketing. Over the past 10 years, PBR returned 23.13%/yr vs 19.77%/yr for CVI. At a 0.36 correlation, their price movements are largely independent.
Performance
PBR vs. CVI - Performance Comparison
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Returns By Period
In the year-to-date period, PBR achieves a 54.48% return, which is significantly higher than CVI's 35.13% return. Over the past 10 years, PBR has outperformed CVI with an annualized return of 23.13%, while CVI has yielded a comparatively lower 19.77% annualized return.
PBR
- 1D
- -0.71%
- 1M
- -16.40%
- YTD
- 54.48%
- 6M
- 45.11%
- 1Y
- 70.96%
- 3Y*
- 25.39%
- 5Y*
- 31.97%
- 10Y*
- 23.13%
CVI
- 1D
- -4.96%
- 1M
- -3.94%
- YTD
- 35.13%
- 6M
- 0.93%
- 1Y
- 46.85%
- 3Y*
- 21.66%
- 5Y*
- 30.32%
- 10Y*
- 19.77%
PBR vs. CVI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBR Petróleo Brasileiro S.A. - Petrobras | 54.48% | -1.01% | -8.38% | 71.48% | 47.76% | 20.44% | -28.83% | 24.65% | 27.68% | 1.78% |
CVI CVR Energy, Inc. | 35.13% | 51.83% | -34.88% | 11.51% | 210.18% | 25.69% | -61.31% | 25.44% | -0.80% | 59.94% |
Correlation
The correlation between PBR and CVI is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2007 | 0.36 |
Fundamentals
PBR:
$116.39B
CVI:
$3.39B
PBR:
$3.16
CVI:
-$0.42
PBR:
1.25
CVI:
0.45
PBR:
1.37
CVI:
6.30
PBR:
$93.27B
CVI:
$7.50B
PBR:
$43.47B
CVI:
-$1.54B
PBR:
$41.03B
CVI:
$441.00M
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Return for Risk
PBR vs. CVI — Risk / Return Rank
PBR
CVI
PBR vs. CVI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Petróleo Brasileiro S.A. - Petrobras (PBR) and CVR Energy, Inc. (CVI). 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.
| PBR | CVI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.18 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 4.10 | 0.98 | +3.12 |
| Martin ratioReturn relative to average drawdown | 10.32 | 2.13 | +8.19 |
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
| PBR | CVI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | 0.91 | +1.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.52 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.34 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.21 | -0.01 |
Drawdowns
PBR vs. CVI - Drawdown Comparison
The maximum PBR drawdown since its inception was -95.62%, roughly equal to the maximum CVI drawdown of -92.39%. Use the drawdown chart below to compare losses from any high point for PBR and CVI.
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Drawdown Indicators
| PBR | CVI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.62% | -92.39% | -3.23% |
Max Drawdown (1Y)Largest decline over 1 year | -17.39% | -48.21% | +30.82% |
Max Drawdown (3Y)Largest decline over 3 years | -28.24% | -56.17% | +27.93% |
Max Drawdown (5Y)Largest decline over 5 years | -39.62% | -56.17% | +16.55% |
Max Drawdown (10Y)Largest decline over 10 years | -75.13% | -80.26% | +5.13% |
Current DrawdownCurrent decline from peak | -24.74% | -14.08% | -10.66% |
Average DrawdownAverage peak-to-trough decline | -52.73% | -35.17% | -17.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.90% | 22.06% | -15.16% |
Volatility
PBR vs. CVI - Volatility Comparison
The current volatility for Petróleo Brasileiro S.A. - Petrobras (PBR) is 9.15%, while CVR Energy, Inc. (CVI) has a volatility of 15.18%. This indicates that PBR experiences smaller price fluctuations and is considered to be less risky than CVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PBR | CVI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.15% | 15.18% | -6.03% |
Volatility (6M)Calculated over the trailing 6-month period | 25.13% | 40.47% | -15.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.71% | 51.84% | -20.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.89% | 58.22% | -20.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.10% | 59.09% | -11.99% |
Dividends
PBR vs. CVI - Dividend Comparison
PBR's dividend yield for the trailing twelve months is around 3.92%, more than CVI's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVI CVR Energy, Inc. | 1.39% | 8.88% | 8.00% | 14.85% | 32.04% | 14.28% | 8.05% | 7.54% | 7.25% | 5.37% | 7.88% | 5.08% |
PBR Petróleo Brasileiro S.A. - Petrobras | 3.92% | 7.10% | 14.73% | 10.91% | 55.64% | 18.95% | 0.84% | 1.59% | 1.03% | 0.00% | 0.00% | 0.00% |
Financials
PBR vs. CVI - Financials Comparison
This section allows you to compare key financial metrics between Petróleo Brasileiro S.A. - Petrobras and CVR 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
Frequently Asked Questions
PBR and CVI have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVI has higher volatility (15.18%) compared to PBR (9.15%). In terms of maximum drawdown, PBR dropped -95.62% vs CVI's -92.39%.
PBR currently has the higher Sharpe Ratio (2.26 vs 0.91), 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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