SLB vs. CL=F
Compare and contrast key facts about Schlumberger Limited (SLB) and Crude Oil WTI (CL=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLB or CL=F.
Correlation
The correlation between SLB and CL=F is 0.10, 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
SLB vs. CL=F - Performance Comparison
Key characteristics
SLB:
-0.71
CL=F:
-0.66
SLB:
-0.87
CL=F:
-0.78
SLB:
0.89
CL=F:
0.91
SLB:
-0.39
CL=F:
-0.34
SLB:
-1.62
CL=F:
-1.31
SLB:
15.38%
CL=F:
15.52%
SLB:
35.11%
CL=F:
29.58%
SLB:
-87.63%
CL=F:
-93.11%
SLB:
-60.50%
CL=F:
-59.82%
Returns By Period
In the year-to-date period, SLB achieves a -8.79% return, which is significantly higher than CL=F's -18.06% return. Over the past 10 years, SLB has underperformed CL=F with an annualized return of -6.73%, while CL=F has yielded a comparatively higher -0.30% annualized return.
SLB
-8.79%
-17.68%
-11.49%
-25.07%
19.61%
-6.73%
CL=F
-18.06%
-18.59%
-15.99%
-26.05%
20.37%
-0.30%
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Risk-Adjusted Performance
SLB vs. CL=F — Risk-Adjusted Performance Rank
SLB
CL=F
SLB vs. CL=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schlumberger Limited (SLB) and Crude Oil WTI (CL=F). 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.
Drawdowns
SLB vs. CL=F - Drawdown Comparison
The maximum SLB drawdown since its inception was -87.63%, smaller than the maximum CL=F drawdown of -93.11%. Use the drawdown chart below to compare losses from any high point for SLB and CL=F. For additional features, visit the drawdowns tool.
Volatility
SLB vs. CL=F - Volatility Comparison
Schlumberger Limited (SLB) has a higher volatility of 23.30% compared to Crude Oil WTI (CL=F) at 14.66%. This indicates that SLB's price experiences larger fluctuations and is considered to be riskier than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.