TRMD vs. CVX
TRMD (TORM plc) and CVX (Chevron Corporation) are both stocks. Both are in the Energy sector — TRMD in Oil & Gas Midstream, CVX in Oil & Gas Integrated. Over the past 5 years, TRMD returned 44.51%/yr vs 15.79%/yr for CVX. At a 0.24 correlation, their price movements are largely independent.
Performance
TRMD vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, TRMD achieves a 58.13% return, which is significantly higher than CVX's 17.94% return.
TRMD
- 1D
- 5.06%
- 1M
- 1.83%
- 6M
- 37.79%
- YTD
- 58.13%
- 1Y
- 77.92%
- 3Y*
- 22.26%
- 5Y*
- 44.51%
- 10Y*
- —
CVX
- 1D
- 1.35%
- 1M
- -5.07%
- 6M
- 10.89%
- YTD
- 17.94%
- 1Y
- 18.34%
- 3Y*
- 8.17%
- 5Y*
- 15.79%
- 10Y*
- 9.70%
TRMD vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TRMD TORM plc | 58.13% | 11.21% | -23.37% | 31.64% | 297.66% | 12.91% | -25.94% | 84.18% | -22.59% |
CVX Chevron Corporation | 17.94% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | 1.81% |
Correlation
The correlation between TRMD and CVX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018 | 0.24 |
Fundamentals
TRMD:
$3.02B
CVX:
$351.32B
TRMD:
$3.40
CVX:
$5.57
TRMD:
8.67
CVX:
31.67
TRMD:
0.09
CVX:
3.08
TRMD:
2.12
CVX:
1.88
TRMD:
1.34
CVX:
1.91
TRMD:
$1.41B
CVX:
$185.89B
TRMD:
$575.03M
CVX:
$47.27B
TRMD:
$639.99M
CVX:
$40.44B
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Return for Risk
TRMD vs. CVX — Risk / Return Rank
TRMD
CVX
TRMD vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) 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.
| TRMD | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.16 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | 0.93 | +2.58 |
| Martin ratioReturn relative to average drawdown | 9.19 | 2.63 | +6.56 |
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Drawdowns
TRMD vs. CVX - Drawdown Comparison
The maximum TRMD drawdown since its inception was -60.59%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for TRMD and CVX.
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Drawdown Indicators
| TRMD | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.59% | -55.77% | -4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -20.81% | -2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -60.59% | -20.81% | -39.78% |
Max Drawdown (5Y)Largest decline over 5 years | -60.59% | -24.95% | -35.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.77% | — |
Current DrawdownCurrent decline from peak | -13.49% | -15.69% | +2.20% |
Average DrawdownAverage peak-to-trough decline | -22.50% | -11.40% | -11.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.96% | 7.32% | +1.64% |
Volatility
TRMD vs. CVX - Volatility Comparison
TORM plc (TRMD) has a higher volatility of 13.04% compared to Chevron Corporation (CVX) at 8.03%. This indicates that TRMD'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.
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Volatility by Period
| TRMD | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 8.03% | +5.01% |
Volatility (6M)Calculated over the trailing 6-month period | 29.13% | 17.67% | +11.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.27% | 22.53% | +15.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.26% | 25.16% | +21.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.70% | 29.21% | +30.49% |
Dividends
TRMD vs. CVX - Dividend Comparison
TRMD's dividend yield for the trailing twelve months is around 8.21%, more than CVX's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.96% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
TRMD TORM plc | 8.21% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TRMD vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between TORM plc 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
TRMD vs. CVX - Profitability Comparison
TRMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TORM plc reported a gross profit of 157.74M and revenue of 395.84M. Therefore, the gross margin over that period was 39.9%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
TRMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TORM plc reported an operating income of 135.10M and revenue of 395.84M, resulting in an operating margin of 34.1%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Chevron Corporation reported an operating income of 3.24B and revenue of 47.56B, resulting in an operating margin of 6.8%.
TRMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TORM plc reported a net income of 120.52M and revenue of 395.84M, resulting in a net margin of 30.5%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
TRMD and CVX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRMD has higher volatility (13.04%) compared to CVX (8.03%). In terms of maximum drawdown, TRMD dropped -60.59% vs CVX's -55.77%.
TRMD currently has the higher Sharpe Ratio (2.16 vs 0.86), 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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