WFRD vs. DVN
WFRD (Weatherford International plc) and DVN (Devon Energy Corporation) are both stocks. Both are in the Energy sector — WFRD in Oil & Gas Equipment & Services, DVN in Oil & Gas E&P. Over the past 5 years, WFRD returned 38.20%/yr vs 13.27%/yr for DVN. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
WFRD vs. DVN - Performance Comparison
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Returns By Period
In the year-to-date period, WFRD achieves a 17.89% return, which is significantly lower than DVN's 18.98% return.
WFRD
- 1D
- 0.16%
- 1M
- -15.64%
- YTD
- 17.89%
- 6M
- 14.66%
- 1Y
- 82.18%
- 3Y*
- 14.64%
- 5Y*
- 38.20%
- 10Y*
- —
DVN
- 1D
- 2.21%
- 1M
- -8.18%
- YTD
- 18.98%
- 6M
- 19.63%
- 1Y
- 28.81%
- 3Y*
- 0.16%
- 5Y*
- 13.27%
- 10Y*
- 5.59%
WFRD vs. DVN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WFRD Weatherford International plc | 17.89% | 11.14% | -26.39% | 92.12% | 83.69% | 98.71% |
DVN Devon Energy Corporation | 18.98% | 15.03% | -25.21% | -23.08% | 50.86% | 53.02% |
Correlation
The correlation between WFRD and DVN is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2021 | 0.56 |
The correlation between WFRD and DVN shifts across timeframes, from 0.46 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WFRD:
$6.40
DVN:
$4.54
WFRD:
14.34
DVN:
9.49
WFRD:
0.04
DVN:
0.73
WFRD:
1.36
DVN:
1.67
WFRD:
$4.88B
DVN:
$12.24B
WFRD:
$1.90B
DVN:
$2.67B
WFRD:
$800.00M
DVN:
$5.67B
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Return for Risk
WFRD vs. DVN — Risk / Return Rank
WFRD
DVN
WFRD vs. DVN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weatherford International plc (WFRD) and Devon Energy Corporation (DVN). 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.
| WFRD | DVN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.16 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.06 | 1.56 | +2.50 |
| Martin ratioReturn relative to average drawdown | 12.79 | 4.08 | +8.71 |
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Drawdowns
WFRD vs. DVN - Drawdown Comparison
The maximum WFRD drawdown since its inception was -70.56%, smaller than the maximum DVN drawdown of -94.93%. Use the drawdown chart below to compare losses from any high point for WFRD and DVN.
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Drawdown Indicators
| WFRD | DVN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -94.93% | +24.37% |
Max Drawdown (1Y)Largest decline over 1 year | -20.34% | -18.53% | -1.81% |
Max Drawdown (3Y)Largest decline over 3 years | -70.56% | -49.22% | -21.34% |
Max Drawdown (5Y)Largest decline over 5 years | -70.56% | -61.45% | -9.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -88.51% | — |
Current DrawdownCurrent decline from peak | -29.72% | -44.52% | +14.80% |
Average DrawdownAverage peak-to-trough decline | -22.09% | -35.94% | +13.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.49% | 7.15% | -0.66% |
Volatility
WFRD vs. DVN - Volatility Comparison
Weatherford International plc (WFRD) and Devon Energy Corporation (DVN) have volatilities of 11.51% and 12.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WFRD | DVN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 12.05% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 29.62% | 26.05% | +3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.97% | 34.32% | +7.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.09% | 40.99% | +10.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.96% | 49.63% | +2.33% |
Dividends
WFRD vs. DVN - Dividend Comparison
WFRD's dividend yield for the trailing twelve months is around 1.14%, less than DVN's 2.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 2.42% | 2.62% | 4.43% | 4.55% | 8.41% | 5.24% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% |
WFRD Weatherford International plc | 1.14% | 1.28% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WFRD vs. DVN - Financials Comparison
This section allows you to compare key financial metrics between Weatherford International plc and Devon Energy 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
WFRD vs. DVN - Profitability Comparison
WFRD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Weatherford International plc reported a gross profit of 0.00 and revenue of 1.15B. Therefore, the gross margin over that period was 0.0%.
DVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Devon Energy Corporation reported a gross profit of 0.00 and revenue of 3.81M. Therefore, the gross margin over that period was 0.0%.
WFRD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Weatherford International plc reported an operating income of 123.00M and revenue of 1.15B, resulting in an operating margin of 10.7%.
DVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Devon Energy Corporation reported an operating income of 0.00 and revenue of 3.81M, resulting in an operating margin of 0.0%.
WFRD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Weatherford International plc reported a net income of 108.00M and revenue of 1.15B, resulting in a net margin of 9.4%.
DVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Devon Energy Corporation reported a net income of 120.00K and revenue of 3.81M, resulting in a net margin of 3.2%.
Frequently Asked Questions
WFRD and DVN have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVN has higher volatility (12.05%) compared to WFRD (11.51%). In terms of maximum drawdown, WFRD dropped -70.56% vs DVN's -94.93%.
WFRD currently has the higher Sharpe Ratio (1.97 vs 0.84), 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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