XOM vs CVX: Exxon Mobil Corporation and Chevron Corporation compared

Over the past five years, $10,000 in XOM grew to $35,328, against $26,458 in CVX. It also fell less at its worst: −20%, against −23%.

stock head-to-headdividends reinvesteddata through Sep 2026

growth of $10,000
as of Sep 2026XOM $35,328CVX $26,458

the gap between themXOM ahead by $8,870

XOM solid · CVX dashed · weekly closes, dividends reinvested

who comes out aheadXOM 2 · 2 CVX

Even at 2 each. The difference is in the details below.

  • Grew more over five yearsXOM +253% · CVX +165%Exxon Mobil Corporation logoXOM
  • Fell less at its worstXOM −20% · CVX −23%Exxon Mobil Corporation logoXOM
  • Calmer rideXOM 28% vol · CVX 27% volChevron Corporation logoCVX
  • Pays more incomeXOM 2.52% · CVX 3.40%Chevron Corporation logoCVX

move together · correlation 0.84

01The numbers

Side by side, line by line

head to head11 lines
XOM and CVX compared on price, size, returns, risk and cost
MetricExxon Mobil Corporation logoXOMChevron Corporation logoCVX
Price$163.54$209.51
Market value$672.46B$410.98B
1-year return+49.2% (ahead)+39.4%
3-year return, a year+15.6% (ahead)+12.6%
5-year return, a year+28.7% (ahead)+21.5%
Volatility, a year28%27% (ahead)
Worst drawdown−20% (ahead)−23%
Worst week−14.3% (ahead)Jun 2022−15.4%Jun 2022
Beta0.170.49
P/E ratio21.0×20.2×
Dividend yield2.52%3.40%
marks the side ahead on lines with a direction: higher return, lower volatility, shallower fall, lower fee
02Together

Do XOM and CVX move together?

correlationmove together
0.84Move together: most weeks they go the same way. Owning both spreads company risk, not market risk.

Correlation compares XOM’s and CVX’s weekly returns from Sep 2021 to Sep 2026. Two holdings near +1 fall on the same weeks, so owning both doesn’t cushion anything. Your portfolio has more than two lines, and Portfolio Terminal runs this check across every pair you hold.

Pearson correlation of weekly returns|+1 always together, 0 unrelated, −1 always opposite
03Drawdowns

How far each one fell

drawdownsbelow each one’s previous high
as of Sep 2026XOM −3.1%CVX −2.1%

XOM

−20%

From its Mar 2026 high to Jun 2026. Still 3% below it today.

CVX

−23%

From its May 2022 high to Jul 2022. Back at that high by Oct 2022.

Worst peak-to-trough fall on weekly closes · dividends reinvested

04Questions

XOM vs CVX: what people ask

questions5 answered

Is XOM better than CVX?

Over the past five years, XOM delivered the higher return: +28.7% a year against +21.5% for CVX, dividends reinvested. Its worst fall was also shallower (−20% against −23%). Which is better depends on the job it does in your portfolio, and past returns don’t predict future ones.

What is the difference between XOM and CVX?

XOM is Exxon Mobil Corporation (Oil & Gas Integrated), worth $672.46B. CVX is Chevron Corporation (Oil & Gas Integrated), worth $410.98B.

Should I own both XOM and CVX?

Their weekly returns had a correlation of 0.84 over the past five years. Most weeks they go the same way. Owning both spreads company risk, not market risk. Whether that suits you depends on everything else you hold, which is the check Portfolio Terminal runs across a whole portfolio.

Which is riskier, XOM or CVX?

XOM swung more: 28% annual volatility against 27% for CVX. At their worst, XOM fell 20% and CVX 23% from a previous high. Against the broad market, their betas are 0.17 and 0.49.

Which pays a higher dividend, XOM or CVX?

CVX currently yields 3.40%, against 2.52% for XOM. Yields move with price, so a higher yield can also mean a falling price.

Compare something else

Any two stocks or ETFs. Keep XOM or swap both.

Exxon Mobil Corporation logo
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Returns use weekly closes adjusted for dividends and splits, from Sep 2021 to Sep 2026. Quotes, fees and holdings come from public market data and refresh hourly. This page describes what happened; it is not investment advice, and past performance doesn’t predict future returns.