SON vs. CVX
SON (Sonoco Products Company) and CVX (Chevron Corporation) are both stocks. SON operates in Packaging & Containers (Consumer Cyclical), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, SON returned 4.22%/yr vs 10.13%/yr for CVX. At a 0.39 correlation, their price movements are largely independent.
Performance
SON vs. CVX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SON having a 17.94% return and CVX slightly lower at 17.05%. Over the past 10 years, SON has underperformed CVX with an annualized return of 4.22%, while CVX has yielded a comparatively higher 10.13% annualized return.
SON
- 1D
- -0.43%
- 1M
- 2.21%
- YTD
- 17.94%
- 6M
- 19.23%
- 1Y
- 22.55%
- 3Y*
- -0.11%
- 5Y*
- -1.46%
- 10Y*
- 4.22%
CVX
- 1D
- 0.82%
- 1M
- -8.55%
- YTD
- 17.05%
- 6M
- 19.09%
- 1Y
- 21.96%
- 3Y*
- 9.49%
- 5Y*
- 15.13%
- 10Y*
- 10.13%
SON vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SON Sonoco Products Company | 17.94% | -6.30% | -9.12% | -4.69% | 8.30% | 0.53% | -0.73% | 19.53% | 3.06% | 3.92% |
CVX Chevron Corporation | 17.05% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between SON and CVX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2001 | 0.39 |
Over the past year, the correlation between SON and CVX has dropped to 0.09 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.
Fundamentals
SON:
$5.03B
CVX:
$347.65B
SON:
$10.39
CVX:
$5.75
SON:
4.86
CVX:
30.42
SON:
0.09
CVX:
2.96
SON:
0.67
CVX:
1.80
SON:
1.40
CVX:
1.89
SON:
$7.49B
CVX:
$185.89B
SON:
$1.57B
CVX:
$47.27B
SON:
$1.40B
CVX:
$40.44B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SON vs. CVX — Risk / Return Rank
SON
CVX
SON vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sonoco Products Company (SON) and Chevron Corporation (CVX). 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.
| SON | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 1.30 | -0.06 |
| Martin ratioReturn relative to average drawdown | 2.41 | 3.64 | -1.23 |
Loading charts...
Drawdowns
SON vs. CVX - Drawdown Comparison
The maximum SON drawdown since its inception was -65.36%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for SON and CVX.
Loading charts...
Drawdown Indicators
| SON | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.36% | -55.77% | -9.59% |
Max Drawdown (1Y)Largest decline over 1 year | -18.40% | -17.02% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -32.46% | -20.64% | -11.82% |
Max Drawdown (5Y)Largest decline over 5 years | -32.94% | -24.95% | -7.99% |
Max Drawdown (10Y)Largest decline over 10 years | -41.57% | -55.77% | +14.20% |
Current DrawdownCurrent decline from peak | -11.90% | -16.33% | +4.43% |
Average DrawdownAverage peak-to-trough decline | -18.77% | -11.39% | -7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.39% | 6.08% | +3.31% |
Volatility
SON vs. CVX - Volatility Comparison
Sonoco Products Company (SON) has a higher volatility of 7.83% compared to Chevron Corporation (CVX) at 7.19%. This indicates that SON's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SON | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.83% | 7.19% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 27.21% | 18.28% | +8.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.39% | 22.51% | +8.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.73% | 25.12% | +0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.75% | 29.20% | -3.45% |
Dividends
SON vs. CVX - Dividend Comparison
SON's dividend yield for the trailing twelve months is around 4.22%, more than CVX's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.99% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
SON Sonoco Products Company | 4.22% | 4.84% | 4.24% | 3.62% | 3.16% | 3.11% | 2.90% | 2.75% | 3.05% | 2.90% | 2.77% | 3.35% |
Financials
SON vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Sonoco Products Company and Chevron Corporation. 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
SON vs. CVX - Profitability Comparison
SON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sonoco Products Company reported a gross profit of 345.63M and revenue of 1.68B. Therefore, the gross margin over that period was 20.6%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a gross profit of 4.55B and revenue of 47.56B. Therefore, the gross margin over that period was 9.6%.
SON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sonoco Products Company reported an operating income of 127.09M and revenue of 1.68B, resulting in an operating margin of 7.6%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported an operating income of 3.24B and revenue of 47.56B, resulting in an operating margin of 6.8%.
SON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sonoco Products Company reported a net income of 67.60M and revenue of 1.68B, resulting in a net margin of 4.0%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chevron Corporation reported a net income of 2.21B and revenue of 47.56B, resulting in a net margin of 4.7%.
Frequently Asked Questions
SON and CVX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SON has higher volatility (7.83%) compared to CVX (7.19%). In terms of maximum drawdown, SON dropped -65.36% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (0.98 vs 0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SON and CVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer