SHEL vs. DUK
SHEL (Shell plc) and DUK (Duke Energy Corporation) are both stocks. SHEL operates in Oil & Gas Integrated (Energy), while DUK operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, SHEL returned 10.35%/yr vs 8.62%/yr for DUK. At a 0.23 correlation, their price movements are largely independent.
Performance
SHEL vs. DUK - Performance Comparison
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Returns By Period
In the year-to-date period, SHEL achieves a 18.73% return, which is significantly higher than DUK's 8.77% return. Over the past 10 years, SHEL has outperformed DUK with an annualized return of 10.35%, while DUK has yielded a comparatively lower 8.62% annualized return.
SHEL
- 1D
- -0.22%
- 1M
- 1.77%
- YTD
- 18.73%
- 6M
- 20.62%
- 1Y
- 24.51%
- 3Y*
- 18.27%
- 5Y*
- 22.23%
- 10Y*
- 10.35%
DUK
- 1D
- 0.91%
- 1M
- 2.02%
- YTD
- 8.77%
- 6M
- 10.57%
- 1Y
- 10.59%
- 3Y*
- 15.72%
- 5Y*
- 8.32%
- 10Y*
- 8.62%
SHEL vs. DUK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHEL Shell plc | 18.73% | 22.16% | -0.87% | 20.19% | 36.18% | 34.27% | -41.08% | 6.38% | -7.23% | 21.67% |
DUK Duke Energy Corporation | 8.77% | 12.72% | 15.56% | -1.63% | 2.03% | 19.11% | 4.77% | 10.29% | 7.41% | 12.96% |
Correlation
The correlation between SHEL and DUK is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2005 | 0.23 |
The correlation between SHEL and DUK shifts across timeframes, from 0.11 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SHEL:
$244.29B
DUK:
$97.35B
SHEL:
$6.39
DUK:
$6.61
SHEL:
13.40
DUK:
18.91
SHEL:
0.67
DUK:
1.48
SHEL:
0.94
DUK:
2.92
SHEL:
1.41
DUK:
1.82
SHEL:
$266.82B
DUK:
$33.29B
SHEL:
$41.65B
DUK:
$19.45B
SHEL:
$57.44B
DUK:
$15.91B
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Return for Risk
SHEL vs. DUK — Risk / Return Rank
SHEL
DUK
SHEL vs. DUK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shell plc (SHEL) and Duke Energy Corporation (DUK). 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.
| SHEL | DUK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.12 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 0.98 | +1.30 |
| Martin ratioReturn relative to average drawdown | 6.17 | 2.32 | +3.84 |
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Drawdowns
SHEL vs. DUK - Drawdown Comparison
The maximum SHEL drawdown since its inception was -71.57%, roughly equal to the maximum DUK drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for SHEL and DUK.
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Drawdown Indicators
| SHEL | DUK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.57% | -71.92% | +0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.81% | -10.88% | +0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -18.47% | -11.59% | -6.88% |
Max Drawdown (5Y)Largest decline over 5 years | -25.04% | -24.16% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -71.57% | -37.37% | -34.20% |
Current DrawdownCurrent decline from peak | -8.19% | -5.28% | -2.91% |
Average DrawdownAverage peak-to-trough decline | -16.73% | -10.85% | -5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 4.57% | -0.58% |
Volatility
SHEL vs. DUK - Volatility Comparison
Shell plc (SHEL) has a higher volatility of 5.99% compared to Duke Energy Corporation (DUK) at 5.62%. This indicates that SHEL's price experiences larger fluctuations and is considered to be riskier than DUK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHEL | DUK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 5.62% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 17.43% | 11.13% | +6.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.98% | 14.73% | +6.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.21% | 17.84% | +7.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.83% | 20.40% | +10.43% |
Dividends
SHEL vs. DUK - Dividend Comparison
SHEL's dividend yield for the trailing twelve months is around 3.45%, less than DUK's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUK Duke Energy Corporation | 3.69% | 3.60% | 3.84% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% |
SHEL Shell plc | 3.45% | 3.90% | 4.39% | 3.76% | 3.48% | 3.78% | 5.69% | 6.27% | 6.27% | 2.75% | 6.49% | 8.17% |
Financials
SHEL vs. DUK - Financials Comparison
This section allows you to compare key financial metrics between Shell plc and Duke 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
SHEL vs. DUK - Profitability Comparison
SHEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Shell plc reported a gross profit of 13.31B and revenue of 69.57B. Therefore, the gross margin over that period was 19.1%.
DUK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported a gross profit of 6.23B and revenue of 9.18B. Therefore, the gross margin over that period was 67.9%.
SHEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Shell plc reported an operating income of 10.35B and revenue of 69.57B, resulting in an operating margin of 14.9%.
DUK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported an operating income of 2.73B and revenue of 9.18B, resulting in an operating margin of 29.7%.
SHEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Shell plc reported a net income of 5.68B and revenue of 69.57B, resulting in a net margin of 8.2%.
DUK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported a net income of 1.55B and revenue of 9.18B, resulting in a net margin of 16.9%.
Frequently Asked Questions
SHEL and DUK have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHEL has higher volatility (5.99%) compared to DUK (5.62%). In terms of maximum drawdown, SHEL dropped -71.57% vs DUK's -71.92%.
SHEL currently has the higher Sharpe Ratio (1.17 vs 0.72), 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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