SLB correlations (Schlumberger)
Which assets move with SLB 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 Equipment & Services
Volatility (ann.)
35.1%
3y weekly
Beta vs S&P 500
0.57
3y weekly
1-year return
+57.1%
price, adjusted
5-year return
+117.1%
price, adjusted
Market cap
$81.6B
latest
P/E ratio
26.2
trailing
Dividend yield
2.16%
trailing
Max drawdown
-46.6%
3y, daily closes
SLB over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with SLB
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| HAL | Halliburton | 0.84 | |
| NOV | NOV Inc. | 0.84 | |
| XLE | Energy Select Sector SPDR Fund | 0.77 | |
| PEO | Adams Natural Resources Fund, Inc. | 0.76 | |
| WFRD | Weatherford International plc | 0.74 | |
| FTI | TechnipFMC plc | 0.73 | |
| BKR | Baker Hughes | 0.72 | |
| NBR | Nabors Industries Ltd. | 0.72 | |
| HLX | Helix Energy Solutions Group, Inc. | 0.71 | |
| XOM | ExxonMobil | 0.70 | |
| INVX | Innovex International, Inc. | 0.70 | |
| OII | Oceaneering International, Inc. | 0.70 | |
| HP | Helmerich & Payne, Inc. | 0.69 | |
| PTEN | Patterson-UTI Energy, Inc. | 0.68 | |
| CLB | Core Laboratories Inc. | 0.68 |
Best diversifiers for SLB
If the goal is offsetting SLB, 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 | -0.31 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.28 | |
| ICCM | IceCure Medical Ltd. | -0.26 | |
| ENTX | Entera Bio Ltd. | -0.21 | |
| ATRA | Atara Biotherapeutics, Inc. | -0.18 | |
| TARS | Tarsus Pharmaceuticals, Inc. | -0.18 | |
| EHGO | Eshallgo Inc. - Class A | -0.17 | |
| UZX | Linkage Global Inc - Class A | -0.16 | |
| DERM | Journey Medical Corporation | -0.16 | |
| BNC | CEA Industries Inc. | -0.16 |
SLB vs benchmarks
SLB vs its peers
Get SLB data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/slb.jsonCorrelations, diversifiers, beta and volatility for SLB, plus one endpoint per pair. API documentation.
SLB inside major ETFs
| ETF | SLB weight | |
|---|---|---|
| XLE | Energy Select Sector SPDR Fund | 4.46% |
| SCHD | Schwab US Dividend Equity ETF | 1.95% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.5% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.31% |
| VYM | Vanguard High Dividend Yield ETF | 0.3% |
| VTV | Vanguard Value ETF | 0.28% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.26% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.18% |
| IVV | iShares Core S&P 500 ETF | 0.12% |
| SPY | SPDR S&P 500 ETF Trust | 0.12% |
