SD vs. DVN
SD (SandRidge Energy, Inc.) and DVN (Devon Energy Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 5 years, SD returned 25.17%/yr vs 12.96%/yr for DVN. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
SD vs. DVN - Performance Comparison
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Returns By Period
In the year-to-date period, SD achieves a -0.14% return, which is significantly lower than DVN's 19.92% return.
SD
- 1D
- 0.86%
- 1M
- -8.43%
- YTD
- -0.14%
- 6M
- 0.06%
- 1Y
- 27.41%
- 3Y*
- 9.35%
- 5Y*
- 25.17%
- 10Y*
- —
DVN
- 1D
- 0.79%
- 1M
- -7.46%
- YTD
- 19.92%
- 6M
- 20.88%
- 1Y
- 35.60%
- 3Y*
- 0.43%
- 5Y*
- 12.96%
- 10Y*
- 5.67%
SD vs. DVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SD SandRidge Energy, Inc. | -0.14% | 28.18% | -0.35% | -8.19% | 62.81% | 237.42% | -26.89% | -44.28% | -63.88% | -10.53% |
DVN Devon Energy Corporation | 19.92% | 15.03% | -25.21% | -23.08% | 50.86% | 199.88% | -35.34% | 16.81% | -45.09% | -8.74% |
Correlation
The correlation between SD and DVN is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2016 | 0.62 |
The correlation between SD and DVN has been stable across timeframes, ranging from 0.62 to 0.70 - a consistent structural relationship.
Fundamentals
SD:
$2.06
DVN:
$4.54
SD:
6.81
DVN:
9.56
SD:
0.60
DVN:
0.74
SD:
3.16
DVN:
1.68
SD:
$163.53M
DVN:
$12.24B
SD:
$48.88M
DVN:
$2.67B
SD:
$91.86M
DVN:
$5.67B
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Return for Risk
SD vs. DVN — Risk / Return Rank
SD
DVN
SD vs. DVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SandRidge Energy, Inc. (SD) and Devon Energy Corporation (DVN). 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.
| SD | DVN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.19 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 1.93 | -0.62 |
| Martin ratioReturn relative to average drawdown | 3.16 | 4.99 | -1.84 |
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Drawdowns
SD vs. DVN - Drawdown Comparison
The maximum SD drawdown since its inception was -97.03%, roughly equal to the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for SD and DVN.
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Drawdown Indicators
| SD | DVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.03% | -94.93% | -2.10% |
Max Drawdown (1Y)Largest decline over 1 year | -20.98% | -18.53% | -2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -37.87% | -49.22% | +11.35% |
Max Drawdown (5Y)Largest decline over 5 years | -57.05% | -61.45% | +4.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -88.51% | — |
Current DrawdownCurrent decline from peak | -29.68% | -44.08% | +14.40% |
Average DrawdownAverage peak-to-trough decline | -50.83% | -35.94% | -14.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.95% | 7.15% | +1.80% |
Volatility
SD vs. DVN - Volatility Comparison
SandRidge Energy, Inc. (SD) has a higher volatility of 12.49% compared to Devon Energy Corporation (DVN) at 11.87%. This indicates that SD's price experiences larger fluctuations and is considered to be riskier than DVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SD | DVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.49% | 11.87% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 27.15% | 25.82% | +1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.90% | 34.25% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.29% | 40.98% | +7.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.33% | 49.57% | +16.76% |
Dividends
SD vs. DVN - Dividend Comparison
SD's dividend yield for the trailing twelve months is around 4.93%, more than DVN's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 2.40% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
SD SandRidge Energy, Inc. | 4.93% | 3.19% | 17.51% | 16.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SD vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between SandRidge Energy, Inc. and Devon Energy 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
SD vs. DVN - Profitability Comparison
SD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SandRidge Energy, Inc. reported a gross profit of 0.00 and revenue of 49.78M. Therefore, the gross margin over that period was 0.0%.
DVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Devon Energy Corporation reported a gross profit of 0.00 and revenue of 3.81M. Therefore, the gross margin over that period was 0.0%.
SD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SandRidge Energy, Inc. reported an operating income of 17.86M and revenue of 49.78M, resulting in an operating margin of 35.9%.
DVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Devon Energy Corporation reported an operating income of 0.00 and revenue of 3.81M, resulting in an operating margin of 0.0%.
SD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SandRidge Energy, Inc. reported a net income of 18.67M and revenue of 49.78M, resulting in a net margin of 37.5%.
DVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Devon Energy Corporation reported a net income of 120.00K and revenue of 3.81M, resulting in a net margin of 3.2%.
Frequently Asked Questions
SD and DVN have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SD has higher volatility (12.49%) compared to DVN (11.87%). In terms of maximum drawdown, SD dropped -97.03% vs DVN's -94.93%.
DVN currently has the higher Sharpe Ratio (1.05 vs 0.75), 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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