OXY correlations (Occidental Petroleum)
OXY 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.)
30.6%
3y weekly
Beta vs S&P 500
0.13
3y weekly
1-year return
+28.9%
price, adjusted
5-year return
+150.8%
price, adjusted
Market cap
$59.1B
latest
P/E ratio
17.3
trailing
Dividend yield
1.71%
trailing
Max drawdown
-46.9%
3y, daily closes
OXY over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with OXY
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| DVN | Devon Energy | 0.84 | |
| XLE | Energy Select Sector SPDR Fund | 0.84 | |
| APA | APA Corporation | 0.83 | |
| OVV | Ovintiv Inc. (DE) | 0.82 | |
| CHRD | Chord Energy Corporation | 0.81 | |
| EOG | EOG Resources | 0.80 | |
| COP | ConocoPhillips | 0.80 | |
| FANG | Diamondback Energy | 0.79 | |
| PEO | Adams Natural Resources Fund, Inc. | 0.79 | |
| XOM | ExxonMobil | 0.78 | |
| VET | Vermilion Energy Inc. Common (Canada) | 0.78 | |
| MUR | Murphy Oil Corporation | 0.78 | |
| MGY | Magnolia Oil & Gas Corporation | 0.78 | |
| BGR | BlackRock Energy and Resources Trust | 0.77 | |
| PR | Permian Resources Corporation | 0.77 |
Best diversifiers for OXY
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from OXY.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| LOAR | Loar Holdings Inc. | -0.30 | |
| SHY | iShares 1-3 Year Treasury Bond ETF | -0.29 | |
| IEF | iShares 7-10 Year Treasury Bond ETF | -0.26 | |
| TLT | iShares 20+ Year Treasury Bond ETF | -0.24 | |
| AGG | iShares Core US Aggregate Bond ETF | -0.24 | |
| CGNT | Cognyte Software Ltd. | -0.24 | |
| VKI | Invesco Advantage Municipal Income Trust II | -0.24 | |
| BND | Vanguard Total Bond Market ETF | -0.24 | |
| IIF | Morgan Stanley India Investment Fund, Inc. | -0.23 | |
| WFCF | Where Food Comes From, Inc. | -0.22 |
OXY vs benchmarks
OXY vs its peers
Get OXY data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/oxy.jsonCorrelations, diversifiers, beta and volatility for OXY, plus one endpoint per pair. API documentation.
OXY inside major ETFs
| ETF | OXY weight | |
|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 2.52% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.26% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.19% |
| VYM | Vanguard High Dividend Yield ETF | 0.17% |
| VTV | Vanguard Value ETF | 0.16% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.14% |
| IVV | iShares Core S&P 500 ETF | 0.06% |
| SPY | SPDR S&P 500 ETF Trust | 0.06% |
| VOO | Vanguard S&P 500 ETF | 0.06% |
| VTI | Vanguard Total Stock Market ETF | 0.06% |
