COP correlations (ConocoPhillips)
Which assets move with COP and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Energy · Oil & Gas Exploration & Production
Volatility (ann.)
29.1%
3y weekly
Beta vs S&P 500
0.25
3y weekly
1-year return
+36.5%
price, adjusted
5-year return
+175.2%
price, adjusted
Market cap
$155.6B
latest
P/E ratio
17.3
trailing
Dividend yield
2.53%
trailing
Max drawdown
-36.3%
3y, daily closes
COP over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with COP
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 0.89 | |
| CHRD | Chord Energy Corporation | 0.84 | |
| EOG | EOG Resources | 0.84 | |
| PEO | Adams Natural Resources Fund, Inc. | 0.83 | |
| DVN | Devon Energy | 0.83 | |
| FANG | Diamondback Energy | 0.82 | |
| OVV | Ovintiv Inc. (DE) | 0.82 | |
| XOM | ExxonMobil | 0.81 | |
| MTDR | Matador Resources Company | 0.81 | |
| PR | Permian Resources Corporation | 0.80 | |
| OXY | Occidental Petroleum | 0.80 | |
| APA | APA Corporation | 0.80 | |
| SM | SM Energy Company | 0.80 | |
| NOG | Northern Oil and Gas, Inc. | 0.79 | |
| SU | Suncor Energy Inc. | 0.78 |
Best diversifiers for COP
If the goal is offsetting COP, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| SHY | iShares 1-3 Year Treasury Bond ETF | -0.28 | |
| IEF | iShares 7-10 Year Treasury Bond ETF | -0.25 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.24 | |
| BLNE | Beeline Holdings, Inc. | -0.23 | |
| PRGS | Progress Software Corporation | -0.22 | |
| RECT | Rectitude Holdings Ltd | -0.22 | |
| AAL | American Airlines Group, Inc. | -0.22 | |
| AGG | iShares Core US Aggregate Bond ETF | -0.22 | |
| BND | Vanguard Total Bond Market ETF | -0.21 | |
| BZAI | Blaize Holdings, Inc. | -0.21 |
COP vs benchmarks
COP vs its peers
Get COP data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/cop.jsonCorrelations, diversifiers, beta and volatility for COP, plus one endpoint per pair. API documentation.
COP inside major ETFs
| ETF | COP weight | |
|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 6.3% |
| SCHD | Schwab US Dividend Equity ETF | 3.86% |
| DGRO | iShares Core Dividend Growth ETF | 0.95% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.87% |
| VYM | Vanguard High Dividend Yield ETF | 0.6% |
| VTV | Vanguard Value ETF | 0.55% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.52% |
| IVV | iShares Core S&P 500 ETF | 0.24% |
| SPY | SPDR S&P 500 ETF Trust | 0.24% |
| VOO | Vanguard S&P 500 ETF | 0.23% |
