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:
-1.06
CL=F:
-0.43
SLB:
-1.44
CL=F:
-0.44
SLB:
0.83
CL=F:
0.95
SLB:
-0.48
CL=F:
-0.22
SLB:
-1.71
CL=F:
-0.91
SLB:
16.43%
CL=F:
13.07%
SLB:
26.65%
CL=F:
27.59%
SLB:
-87.63%
CL=F:
-93.11%
SLB:
-58.41%
CL=F:
-52.19%
Returns By Period
In the year-to-date period, SLB achieves a -27.44% return, which is significantly lower than CL=F's -3.06% return. Over the past 10 years, SLB has underperformed CL=F with an annualized return of -5.67%, while CL=F has yielded a comparatively higher 1.74% annualized return.
SLB
-27.44%
-15.88%
-18.30%
-28.87%
0.16%
-5.67%
CL=F
-3.06%
0.86%
-13.96%
-6.00%
2.49%
1.74%
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Risk-Adjusted Performance
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
The current volatility for Schlumberger Limited (SLB) is 6.08%, while Crude Oil WTI (CL=F) has a volatility of 6.86%. This indicates that SLB experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.