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:
-1.22
CL=F:
-0.72
SLB:
-1.72
CL=F:
-0.87
SLB:
0.78
CL=F:
0.89
SLB:
-0.60
CL=F:
-0.36
SLB:
-1.81
CL=F:
-1.52
SLB:
20.61%
CL=F:
13.91%
SLB:
30.65%
CL=F:
28.24%
SLB:
-87.63%
CL=F:
-93.11%
SLB:
-62.31%
CL=F:
-57.62%
Returns By Period
The year-to-date returns for both stocks are quite close, with SLB having a -12.96% return and CL=F slightly lower at -13.59%. Over the past 10 years, SLB has underperformed CL=F with an annualized return of -6.87%, while CL=F has yielded a comparatively higher 1.56% annualized return.
SLB
-12.96%
-19.89%
-26.34%
-38.18%
16.34%
-6.87%
CL=F
-13.59%
-8.16%
-19.48%
-29.16%
17.11%
1.56%
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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 15.22% compared to Crude Oil WTI (CL=F) at 11.92%. 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.