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:
-0.25
CL=F:
-0.01
SLB:
-0.17
CL=F:
0.17
SLB:
0.98
CL=F:
1.02
SLB:
-0.11
CL=F:
-0.01
SLB:
-0.38
CL=F:
-0.02
SLB:
17.83%
CL=F:
13.91%
SLB:
26.94%
CL=F:
27.28%
SLB:
-87.63%
CL=F:
-93.11%
SLB:
-50.78%
CL=F:
-46.78%
Returns By Period
In the year-to-date period, SLB achieves a 13.67% return, which is significantly higher than CL=F's 8.52% return. Over the past 10 years, SLB has underperformed CL=F with an annualized return of -3.49%, while CL=F has yielded a comparatively higher 4.76% annualized return.
SLB
13.67%
18.33%
-10.71%
-10.00%
5.84%
-3.49%
CL=F
8.52%
12.03%
-3.08%
5.66%
5.60%
4.76%
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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 6.99% compared to Crude Oil WTI (CL=F) at 6.63%. 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.