CVX correlations (Chevron Corporation)
Every correlation that matters for CVX: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Energy · Integrated Oil & Gas
Volatility (ann.)
23.8%
3y weekly
Beta vs S&P 500
0.22
3y weekly
1-year return
+30.4%
price, adjusted
5-year return
+148.1%
price, adjusted
Market cap
$391.9B
latest
P/E ratio
19.3
trailing
Dividend yield
3.49%
trailing
Max drawdown
-20.8%
3y, daily closes
CVX over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with CVX
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 0.88 | |
| PEO | Adams Natural Resources Fund, Inc. | 0.82 | |
| XOM | ExxonMobil | 0.78 | |
| BGR | BlackRock Energy and Resources Trust | 0.78 | |
| COP | ConocoPhillips | 0.77 | |
| EOG | EOG Resources | 0.75 | |
| OXY | Occidental Petroleum | 0.75 | |
| MGY | Magnolia Oil & Gas Corporation | 0.74 | |
| CHRD | Chord Energy Corporation | 0.74 | |
| SU | Suncor Energy Inc. | 0.72 | |
| OVV | Ovintiv Inc. (DE) | 0.72 | |
| DVN | Devon Energy | 0.72 | |
| MUR | Murphy Oil Corporation | 0.72 | |
| PSX | Phillips 66 | 0.71 | |
| APA | APA Corporation | 0.71 |
Best diversifiers for CVX
If the goal is offsetting CVX, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.27 | |
| IVF | INVO Fertility, Inc. | -0.25 | |
| SHY | iShares 1-3 Year Treasury Bond ETF | -0.24 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.24 | |
| ENGN | enGene Therapeutics Inc. | -0.22 | |
| IEF | iShares 7-10 Year Treasury Bond ETF | -0.22 | |
| BZAI | Blaize Holdings, Inc. | -0.21 | |
| NGEN | NervGen Pharma Corp. | -0.21 | |
| VATE | INNOVATE Corp. | -0.21 | |
| LOAR | Loar Holdings Inc. | -0.21 |
CVX vs benchmarks
CVX vs its peers
Get CVX data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/cvx.jsonCorrelations, diversifiers, beta and volatility for CVX, plus one endpoint per pair. API documentation.
CVX inside major ETFs
| ETF | CVX weight | |
|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 14.84% |
| SCHD | Schwab US Dividend Equity ETF | 3.89% |
| DIA | SPDR Dow Jones Industrial Average ETF | 2.22% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 1.75% |
| VYM | Vanguard High Dividend Yield ETF | 1.49% |
| VTV | Vanguard Value ETF | 1.39% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 1.23% |
| IVV | iShares Core S&P 500 ETF | 0.57% |
| SPY | SPDR S&P 500 ETF Trust | 0.57% |
| VOO | Vanguard S&P 500 ETF | 0.57% |
