SLB vs. ENEL.MI
SLB (Schlumberger Limited) and ENEL.MI (Enel SpA) are both stocks. SLB operates in Oil & Gas Equipment & Services (Energy), while ENEL.MI operates in Utilities - Diversified (Utilities). Over the past 10 years, SLB returned -0.34%/yr vs 16.16%/yr for ENEL.MI. At a 0.27 correlation, their price movements are largely independent.
Performance
SLB vs. ENEL.MI - Performance Comparison
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Different Trading Currencies
SLB is traded in USD, while ENEL.MI is traded in EUR. To make them comparable, the ENEL.MI values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SLB achieves a 48.01% return, which is significantly higher than ENEL.MI's 11.27% return. Over the past 10 years, SLB has underperformed ENEL.MI with an annualized return of -0.34%, while ENEL.MI has yielded a comparatively higher 16.16% annualized return.
SLB
- 1D
- 0.32%
- 1M
- 1.98%
- YTD
- 48.01%
- 6M
- 44.00%
- 1Y
- 61.98%
- 3Y*
- 8.12%
- 5Y*
- 12.44%
- 10Y*
- -0.34%
ENEL.MI
- 1D
- 1.24%
- 1M
- -0.75%
- YTD
- 11.27%
- 6M
- 13.39%
- 1Y
- 28.98%
- 3Y*
- 26.95%
- 5Y*
- 9.38%
- 10Y*
- 16.16%
SLB vs. ENEL.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLB Schlumberger Limited | 48.01% | 3.27% | -24.47% | -0.78% | 81.15% | 40.30% | -43.81% | 17.73% | -44.66% | -17.37% |
ENEL.MI Enel SpA | 11.27% | 54.38% | 2.16% | 47.14% | -27.94% | -18.12% | 33.94% | 44.24% | -1.88% | 45.52% |
Correlation
The correlation between SLB and ENEL.MI is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2007 | 0.27 |
The correlation between SLB and ENEL.MI shifts across timeframes, from 0.09 (3 years) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SLB vs. ENEL.MI — Risk / Return Rank
SLB
ENEL.MI
SLB vs. ENEL.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schlumberger Limited (SLB) and Enel SpA (ENEL.MI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SLB | ENEL.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.26 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.36 | 2.31 | +2.04 |
| Martin ratioReturn relative to average drawdown | 10.97 | 6.46 | +4.51 |
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Drawdowns
SLB vs. ENEL.MI - Drawdown Comparison
The maximum SLB drawdown since its inception was -87.64%, which is greater than ENEL.MI's maximum drawdown of -62.43%. Use the drawdown chart below to compare losses from any high point for SLB and ENEL.MI.
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Drawdown Indicators
| SLB | ENEL.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.64% | -62.43% | -25.21% |
Max Drawdown (1Y)Largest decline over 1 year | -14.30% | -12.54% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -46.63% | -16.58% | -30.05% |
Max Drawdown (5Y)Largest decline over 5 years | -46.63% | -56.89% | +10.26% |
Max Drawdown (10Y)Largest decline over 10 years | -84.29% | -60.65% | -23.64% |
Current DrawdownCurrent decline from peak | -33.53% | -5.96% | -27.57% |
Average DrawdownAverage peak-to-trough decline | -31.18% | -20.97% | -10.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.67% | 4.49% | +1.18% |
Volatility
SLB vs. ENEL.MI - Volatility Comparison
Schlumberger Limited (SLB) has a higher volatility of 9.50% compared to Enel SpA (ENEL.MI) at 5.95%. This indicates that SLB's price experiences larger fluctuations and is considered to be riskier than ENEL.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLB | ENEL.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.50% | 5.95% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 25.72% | 18.62% | +7.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.73% | 21.01% | +12.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.63% | 23.88% | +13.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.41% | 24.69% | +15.72% |
Dividends
SLB vs. ENEL.MI - Dividend Comparison
SLB's dividend yield for the trailing twelve months is around 2.06%, less than ENEL.MI's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENEL.MI Enel SpA | 4.95% | 4.98% | 5.44% | 5.56% | 7.55% | 5.08% | 3.96% | 3.96% | 4.70% | 3.51% | 3.82% | 3.60% |
SLB Schlumberger Limited | 2.06% | 2.97% | 2.87% | 1.92% | 1.22% | 2.09% | 4.01% | 4.98% | 5.54% | 2.97% | 2.38% | 2.87% |
Financials
SLB vs. ENEL.MI - Financials Comparison
This section allows you to compare key financial metrics between Schlumberger Limited and Enel SpA. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
SLB and ENEL.MI have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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