DVN correlations (Devon Energy)
DVN measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Energy · Oil & Gas Exploration & Production
Volatility (ann.)
34.3%
3y weekly
Beta vs S&P 500
0.16
3y weekly
1-year return
+35.9%
price, adjusted
5-year return
+102.7%
price, adjusted
Market cap
$51.8B
latest
P/E ratio
10.2
trailing
Dividend yield
2.22%
trailing
Max drawdown
-49.2%
3y, daily closes
DVN over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with DVN
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 0.87 | |
| MGY | Magnolia Oil & Gas Corporation | 0.85 | |
| EOG | EOG Resources | 0.85 | |
| PEO | Adams Natural Resources Fund, Inc. | 0.84 | |
| OXY | Occidental Petroleum | 0.84 | |
| OVV | Ovintiv Inc. (DE) | 0.84 | |
| PR | Permian Resources Corporation | 0.84 | |
| COP | ConocoPhillips | 0.83 | |
| FANG | Diamondback Energy | 0.82 | |
| APA | APA Corporation | 0.82 | |
| CHRD | Chord Energy Corporation | 0.82 | |
| VET | Vermilion Energy Inc. Common (Canada) | 0.80 | |
| MUR | Murphy Oil Corporation | 0.79 | |
| MTDR | Matador Resources Company | 0.79 | |
| CVE | Cenovus Energy Inc | 0.79 |
Best diversifiers for DVN
If the goal is offsetting DVN, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| CGNT | Cognyte Software Ltd. | -0.27 | |
| SHY | iShares 1-3 Year Treasury Bond ETF | -0.26 | |
| EVEX | Eve Holding, Inc. | -0.24 | |
| FEIM | Frequency Electronics, Inc. | -0.24 | |
| MKZR | MacKenzie Realty Capital, Inc. | -0.24 | |
| OLLI | Ollie's Bargain Outlet Holdings, Inc. | -0.24 | |
| WAY | Waystar Holding Corp. | -0.24 | |
| RGTI | Rigetti Computing, Inc. | -0.23 | |
| LOAR | Loar Holdings Inc. | -0.23 | |
| PRGS | Progress Software Corporation | -0.23 |
DVN vs benchmarks
DVN vs its peers
Get DVN data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/dvn.jsonCorrelations, diversifiers, beta and volatility for DVN, plus one endpoint per pair. API documentation.
DVN inside major ETFs
| ETF | DVN weight | |
|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 3.2% |
| SCHD | Schwab US Dividend Equity ETF | 1.31% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.33% |
| VYM | Vanguard High Dividend Yield ETF | 0.21% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.19% |
| VTV | Vanguard Value ETF | 0.19% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.18% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.17% |
| IVV | iShares Core S&P 500 ETF | 0.08% |
| SPY | SPDR S&P 500 ETF Trust | 0.08% |
