RR.L vs. CVX
RR.L (Rolls-Royce Holdings PLC) and CVX (Chevron Corporation) are both stocks. RR.L operates in Aerospace & Defense (Industrials), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, RR.L returned 20.98%/yr vs 11.51%/yr for CVX. At a 0.20 correlation, their price movements are largely independent.
Performance
RR.L vs. CVX - Performance Comparison
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Different Trading Currencies
RR.L is traded in GBp, while CVX is traded in USD. To make them comparable, the CVX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, RR.L achieves a 14.24% return, which is significantly lower than CVX's 25.82% return. Over the past 10 years, RR.L has outperformed CVX with an annualized return of 20.98%, while CVX has yielded a comparatively lower 11.51% annualized return.
RR.L
- 1D
- 4.41%
- 1M
- 8.55%
- YTD
- 14.24%
- 6M
- 19.81%
- 1Y
- 48.66%
- 3Y*
- 106.71%
- 5Y*
- 64.05%
- 10Y*
- 20.98%
CVX
- 1D
- 0.84%
- 1M
- 2.47%
- YTD
- 25.82%
- 6M
- 26.88%
- 1Y
- 36.69%
- 3Y*
- 8.03%
- 5Y*
- 17.53%
- 10Y*
- 11.51%
RR.L vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RR.L Rolls-Royce Holdings PLC | 14.24% | 104.79% | 89.72% | 221.57% | -24.15% | 10.45% | -52.55% | -16.52% | -0.63% | 27.42% |
CVX Chevron Corporation | 25.82% | 2.26% | 3.06% | -17.95% | 77.30% | 47.63% | -28.13% | 10.89% | -4.40% | 1.03% |
Correlation
The correlation between RR.L and CVX is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.20 |
The correlation between RR.L and CVX shifts across timeframes, from -0.21 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Fundamentals
RR.L:
£109.90B
CVX:
$371.80B
RR.L:
£0.99
CVX:
$5.75
RR.L:
13.19
CVX:
32.54
RR.L:
0.03
CVX:
3.17
RR.L:
2.75
CVX:
1.93
RR.L:
40.32
CVX:
2.02
RR.L:
£40.12B
CVX:
$185.89B
RR.L:
£10.12B
CVX:
$47.27B
RR.L:
£9.20B
CVX:
$40.44B
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Return for Risk
RR.L vs. CVX — Risk / Return Rank
RR.L
CVX
RR.L vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rolls-Royce Holdings PLC (RR.L) and Chevron Corporation (CVX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RR.L | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.27 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 2.21 | +0.33 |
| Martin ratioReturn relative to average drawdown | 7.03 | 5.84 | +1.18 |
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Drawdowns
RR.L vs. CVX - Drawdown Comparison
The maximum RR.L drawdown since its inception was -90.25%, which is greater than CVX's maximum drawdown of -52.60%. Use the drawdown chart below to compare losses from any high point for RR.L and CVX.
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Drawdown Indicators
| RR.L | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.25% | -52.60% | -37.65% |
Max Drawdown (1Y)Largest decline over 1 year | -19.04% | -16.64% | -2.40% |
Max Drawdown (3Y)Largest decline over 3 years | -21.78% | -24.41% | +2.63% |
Max Drawdown (5Y)Largest decline over 5 years | -55.09% | -31.98% | -23.11% |
Max Drawdown (10Y)Largest decline over 10 years | -89.41% | -52.60% | -36.81% |
Current DrawdownCurrent decline from peak | -3.61% | -11.81% | +8.20% |
Average DrawdownAverage peak-to-trough decline | -28.29% | -11.65% | -16.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.91% | 6.29% | +0.62% |
Volatility
RR.L vs. CVX - Volatility Comparison
Rolls-Royce Holdings PLC (RR.L) has a higher volatility of 11.80% compared to Chevron Corporation (CVX) at 8.05%. This indicates that RR.L's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RR.L | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.80% | 8.05% | +3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 31.08% | 19.10% | +11.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.24% | 23.52% | +12.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.06% | 25.31% | +16.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.60% | 29.14% | +19.46% |
Dividends
RR.L vs. CVX - Dividend Comparison
RR.L's dividend yield for the trailing twelve months is around 0.73%, less than CVX's 3.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.73% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
RR.L Rolls-Royce Holdings PLC | 0.73% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.71% | 1.41% | 0.54% | 1.75% | 4.06% |
Financials
RR.L vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Rolls-Royce Holdings PLC and Chevron Corporation. 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
RR.L vs. CVX - Profitability Comparison
RR.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rolls-Royce Holdings PLC reported a gross profit of 3.21B and revenue of 11.72B. Therefore, the gross margin over that period was 27.4%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a gross profit of 4.55B and revenue of 47.56B. Therefore, the gross margin over that period was 9.6%.
RR.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rolls-Royce Holdings PLC reported an operating income of 3.25B and revenue of 11.72B, resulting in an operating margin of 27.7%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported an operating income of 3.24B and revenue of 47.56B, resulting in an operating margin of 6.8%.
RR.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rolls-Royce Holdings PLC reported a net income of 1.43B and revenue of 11.72B, resulting in a net margin of 12.2%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a net income of 2.21B and revenue of 47.56B, resulting in a net margin of 4.7%.
Frequently Asked Questions
RR.L and CVX have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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