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 0.33, 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:
-0.38
CL=F:
-0.50
SLB:
-0.37
CL=F:
-0.54
SLB:
0.96
CL=F:
0.94
SLB:
-0.17
CL=F:
-0.24
SLB:
-0.53
CL=F:
-0.90
SLB:
18.76%
CL=F:
14.83%
SLB:
26.48%
CL=F:
26.57%
SLB:
-87.63%
CL=F:
-93.11%
SLB:
-52.52%
CL=F:
-50.43%
Returns By Period
In the year-to-date period, SLB achieves a 9.65% return, which is significantly higher than CL=F's 1.08% return. Over the past 10 years, SLB has underperformed CL=F with an annualized return of -4.33%, while CL=F has yielded a comparatively higher 3.20% annualized return.
SLB
9.65%
-3.53%
-6.12%
-11.77%
6.20%
-4.33%
CL=F
1.08%
-7.27%
-2.73%
-7.80%
5.26%
3.20%
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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 6.13% compared to Crude Oil WTI (CL=F) at 5.26%. 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.