SPXC vs. CRC
SPXC (SPX Corporation) and CRC (California Resources Corporation) are both stocks. SPXC operates in Specialty Industrial Machinery (Industrials), while CRC operates in Oil & Gas E&P (Energy). Over the past 5 years, SPXC returned 31.42%/yr vs 14.04%/yr for CRC. At a 0.24 correlation, their price movements are largely independent.
Performance
SPXC vs. CRC - Performance Comparison
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Returns By Period
In the year-to-date period, SPXC achieves a 16.71% return, which is significantly lower than CRC's 28.87% return.
SPXC
- 1D
- 4.41%
- 1M
- 17.34%
- YTD
- 16.71%
- 6M
- 3.88%
- 1Y
- 45.38%
- 3Y*
- 40.55%
- 5Y*
- 31.42%
- 10Y*
- 31.60%
CRC
- 1D
- -3.41%
- 1M
- -4.09%
- YTD
- 28.87%
- 6M
- 22.22%
- 1Y
- 26.74%
- 3Y*
- 14.50%
- 5Y*
- 14.04%
- 10Y*
- —
SPXC vs. CRC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPXC SPX Corporation | 16.71% | 37.48% | 44.06% | 53.86% | 10.00% | 9.42% | 16.46% |
CRC California Resources Corporation | 28.87% | -10.78% | -2.57% | 28.85% | 3.69% | 81.82% | 18.25% |
Correlation
The correlation between SPXC and CRC is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2020 | 0.24 |
The correlation between SPXC and CRC shifts across timeframes, from -0.11 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SPXC:
$5.19
CRC:
$4.17
SPXC:
45.00
CRC:
13.64
SPXC:
4.85
CRC:
1.42
SPXC:
$2.35B
CRC:
$3.48B
SPXC:
$909.30M
CRC:
$1.30B
SPXC:
$475.30M
CRC:
$1.34B
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Return for Risk
SPXC vs. CRC — Risk / Return Rank
SPXC
CRC
SPXC vs. CRC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPX Corporation (SPXC) and California Resources Corporation (CRC). 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.
| SPXC | CRC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.16 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 1.12 | +0.85 |
| Martin ratioReturn relative to average drawdown | 5.04 | 2.32 | +2.72 |
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Drawdowns
SPXC vs. CRC - Drawdown Comparison
The maximum SPXC drawdown since its inception was -81.12%, which is greater than CRC's maximum drawdown of -44.75%. Use the drawdown chart below to compare losses from any high point for SPXC and CRC.
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Drawdown Indicators
| SPXC | CRC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.12% | -44.75% | -36.37% |
Max Drawdown (1Y)Largest decline over 1 year | -23.15% | -24.04% | +0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -33.54% | -44.75% | +11.21% |
Max Drawdown (5Y)Largest decline over 5 years | -38.32% | -44.75% | +6.43% |
Max Drawdown (10Y)Largest decline over 10 years | -50.26% | — | — |
Current DrawdownCurrent decline from peak | -3.93% | -18.38% | +14.45% |
Average DrawdownAverage peak-to-trough decline | -29.01% | -11.93% | -17.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.04% | 11.55% | -2.51% |
Volatility
SPXC vs. CRC - Volatility Comparison
SPX Corporation (SPXC) has a higher volatility of 11.22% compared to California Resources Corporation (CRC) at 9.92%. This indicates that SPXC's price experiences larger fluctuations and is considered to be riskier than CRC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPXC | CRC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.22% | 9.92% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 28.23% | 27.69% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.72% | 35.48% | +1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.15% | 40.42% | -5.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.47% | 44.70% | -7.23% |
Dividends
SPXC vs. CRC - Dividend Comparison
SPXC has not paid dividends to shareholders, while CRC's dividend yield for the trailing twelve months is around 2.82%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRC California Resources Corporation | 2.82% | 3.51% | 2.69% | 2.12% | 1.82% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 386.22% |
Financials
SPXC vs. CRC - Financials Comparison
This section allows you to compare key financial metrics between SPX Corporation and California Resources 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
SPXC vs. CRC - Profitability Comparison
SPXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a gross profit of 230.60M and revenue of 566.80M. Therefore, the gross margin over that period was 40.7%.
CRC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported a gross profit of 309.00M and revenue of 871.00M. Therefore, the gross margin over that period was 35.5%.
SPXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported an operating income of 87.70M and revenue of 566.80M, resulting in an operating margin of 15.5%.
CRC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported an operating income of 159.00M and revenue of 871.00M, resulting in an operating margin of 18.3%.
SPXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a net income of 59.90M and revenue of 566.80M, resulting in a net margin of 10.6%.
CRC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, California Resources Corporation reported a net income of 12.00M and revenue of 871.00M, resulting in a net margin of 1.4%.
Frequently Asked Questions
SPXC and CRC have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPXC has higher volatility (11.22%) compared to CRC (9.92%). In terms of maximum drawdown, SPXC dropped -81.12% vs CRC's -44.75%.
SPXC currently has the higher Sharpe Ratio (1.24 vs 0.76), 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.
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