Figures as of the Nov 13, 2026 close. Updated after each trading day. Not a recommendation or a forecast.
From Jan 2, 1962 to the Nov 13, 2026 close, $1,000 in ExxonMobil (XOM) became $1,947,636 and $1,000 in Chevron (CVX) became $726,826, with dividends reinvested.
From Jan 2, 1962 to Nov 13, 2026, ExxonMobil grew 12.4% a year and Chevron grew 10.7%. The higher rate, ExxonMobil's, came with narrower daily swings. Volatility was 23.0% for ExxonMobil and 25.6% for Chevron. The Sharpe ratio is the yearly return above a fixed 5% risk-free rate, per unit of volatility.
Sharpe ratios were 0.32 for ExxonMobil and 0.22 for Chevron. Over the same dates, the price record shows deepest falls of 62.4% for ExxonMobil and 58.2% for Chevron. From Feb 1, 1993 to Nov 13, 2026, betas to the S&P 500 were 0.77 for ExxonMobil and 0.82 for Chevron.
The $1,000 in ExxonMobil and the $1,000 in Chevron swapped places 4 times at month ends. The latest swap came at the end of Feb 1963. Since then, the $1,000 in ExxonMobil has been worth more at every month end.
Across all 779 month ends, ExxonMobil's value was the higher one at 773 and Chevron's at 5, and the two were level at 1.
At the end of Apr 2003, $1,000 had become $187,058 in ExxonMobil and $42,681 in Chevron. In relative terms, that was the widest gap between them at any month end. The $1,000 in ExxonMobil first doubled to $2,000 at a month end in Nov 1964. The $1,000 in Chevron did so in Aug 1972.
The $1,000 in ExxonMobil first stood at $1,000,000 or more at a month end in Oct 2022. The $1,000 in Chevron had not reached $1,000,000 by Nov 2026.
Every row ends at the Nov 13, 2026 close. The "a year" columns give the yearly rate from each start date. The yearly rates were furthest apart over the last 5 years. Over that span, ExxonMobil grew 25.7% a year and Chevron grew 18.6%. The rates were closest over the last 10 years: 11.8% for ExxonMobil and 12.1% for Chevron.
Both had a higher rate over the last year than their 10-year rate. For ExxonMobil it was 47.8% against 11.8%, and for Chevron 46.9% against 12.1%. In every row, $1,000 in ExxonMobil and $1,000 in Chevron both ended above $1,000.
| Period | $1,000 in ExxonMobil | $1,000 in Chevron | ExxonMobil a year | Chevron a year |
|---|---|---|---|---|
| Since both startedfrom Jan 2, 1962 | $1,947,636 | $726,826 | 12.4% | 10.7% |
| Last 20 yearsfrom Nov 13, 2006 | $4,527 | $6,758 | 7.8% | 10.0% |
| Last 10 yearsfrom Nov 14, 2016 | $3,054 | $3,145 | 11.8% | 12.1% |
| Last 5 yearsfrom Nov 12, 2021 | $3,143 | $2,352 | 25.7% | 18.6% |
| Last yearfrom Nov 13, 2025 | $1,478 | $1,469 | 47.8% | 46.9% |
At the Nov 13, 2026 close, ExxonMobil was 8.9% below its Oct 2026 month-end high. At the same close, Chevron was 6.6% below its Oct 2026 month-end high. On daily closes, ExxonMobil's deepest fall was 62.4% from Jun 23, 2014 to Mar 23, 2020. Chevron's deepest fall was 58.2% from Nov 26, 1980 to Aug 4, 1982.
ExxonMobil closed back at its old high on Jan 25, 2022, 1 year and 10 months after the low. Chevron closed back at its old high on Jan 8, 1987, 4 years and 5 months after the low. ExxonMobil was 20% or more below its high at 94 of 779 month ends.
Chevron was 20% or more below its high at 178.
The S&P 500's dot-com fall ran from its Mar 24, 2000 high to its Oct 9, 2002 low. Over those dates, ExxonMobil fell 10.1% and Chevron 13.6%. The S&P 500's 2008 fall ran from its Oct 9, 2007 high to its Mar 9, 2009 low. Over those dates, ExxonMobil fell 28.3% and Chevron 34.3%.
The S&P 500's COVID fall ran from its Feb 19, 2020 high to its Mar 23, 2020 low. Over those dates, ExxonMobil fell 47.9% and Chevron 51.0%. The S&P 500's 2022 fall ran from its Jan 3, 2022 high to its Oct 12, 2022 low. Over those dates, both rose: ExxonMobil +59.8% and Chevron +35.9%.
The bars cover 63 full calendar years, 1963 to 2025. ExxonMobil rose in 47 of them and Chevron in 45. ExxonMobil's yearly change was higher in 36 years and Chevron's in 27. Both rose in 41 and both fell in 12. In 10 years, one rose while the other fell.
ExxonMobil's lowest year was 2020 (−36.2%) and Chevron's was 1974 (−31.6%). Their highest years were 2022 for ExxonMobil (+87.4%) and 1980 for Chevron (+76.5%). The widest one-year gap between them was 1989: ExxonMobil +19.6%, Chevron +55.8%. In 2025, the latest full year, ExxonMobil rose 16.0% and Chevron rose 10.1%.
ExxonMobil's yearly change was the higher one in each of the last 5 full years, 2021 to 2025.
These counts cover 120 full months, Nov 2016 to Oct 2026. ExxonMobil rose in 68 of them and Chevron in 69. Both rose in 57, both fell in 40, and in 23 one rose while the other fell. Both had their largest monthly fall in Mar 2020: ExxonMobil −26.2%, Chevron −22.4%.
ExxonMobil's largest monthly rise was +26.9% in Oct 2022, and Chevron's +27.3% in Nov 2020. ExxonMobil's longest run of falling months was 6, ending in Oct 2020. Chevron's longest run of falling months was 3, ending in May 2017.
The latest cell is a part month, from the Oct 30, 2026 close to the Nov 13, 2026 close. Over those days, ExxonMobil changed −8.9% and Chevron −6.6%.
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +17.5 | +8.6 | +11.3 | −9.0 | −5.2 | −5.9 | +13.7 | +4.2 | +1.1 | +15.1 | −8.9 | |
| 2025 | −0.7 | +5.1 | +6.8 | −11.2 | −2.3 | +5.4 | +3.6 | +3.3 | −1.3 | +1.4 | +2.3 | +3.8 |
| 2024 | +2.8 | +2.6 | +11.2 | +1.7 | −0.0 | −1.8 | +3.0 | +0.3 | −0.6 | −0.4 | +1.8 | −8.8 |
| 2023 | +5.2 | −4.5 | −0.2 | +7.9 | −12.9 | +5.0 | −0.0 | +4.5 | +5.7 | −10.0 | −2.1 | −2.7 |
| 2022 | +24.1 | +4.4 | +5.3 | +3.2 | +13.8 | −10.8 | +13.2 | −0.4 | −8.7 | +26.9 | +1.3 | −0.9 |
| 2021 | +8.8 | +23.3 | +2.7 | +2.5 | +3.5 | +8.1 | −8.7 | −3.9 | +7.9 | +9.6 | −5.9 | +2.3 |
| 2020 | −11.0 | −16.0 | −26.2 | +22.4 | −0.3 | −1.6 | −5.9 | −3.2 | −14.0 | −5.0 | +19.7 | +8.1 |
| 2019 | +7.5 | +9.0 | +2.2 | −0.6 | −10.8 | +8.3 | −3.0 | −6.8 | +3.1 | −4.3 | +2.0 | +2.4 |
| 2018 | +4.4 | −12.4 | −1.5 | +4.2 | +5.5 | +1.8 | −1.5 | −0.6 | +6.0 | −6.3 | +0.8 | −14.2 |
| 2017 | −7.1 | −2.2 | +0.8 | −0.4 | −0.5 | +0.3 | −0.9 | −3.7 | +7.4 | +1.7 | +0.9 | +0.4 |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +16.1 | +6.6 | +10.8 | −6.6 | −4.7 | −9.2 | +18.7 | +5.6 | −0.9 | +15.3 | −6.6 | |
| 2025 | +3.0 | +7.5 | +5.5 | −18.7 | +1.7 | +4.7 | +5.9 | +7.1 | −3.3 | +1.6 | −3.1 | +0.8 |
| 2024 | −1.2 | +4.2 | +3.8 | +2.2 | +1.7 | −3.6 | +2.6 | −6.8 | −0.5 | +1.1 | +9.9 | −10.6 |
| 2023 | −3.0 | −6.8 | +1.5 | +3.3 | −9.8 | +4.5 | +4.0 | −0.6 | +4.7 | −13.6 | −0.4 | +3.9 |
| 2022 | +11.9 | +10.8 | +13.1 | −3.8 | +12.4 | −17.1 | +13.1 | −2.6 | −9.1 | +25.9 | +2.1 | −2.1 |
| 2021 | +0.9 | +19.0 | +4.8 | −1.6 | +1.9 | +0.9 | −2.8 | −3.7 | +4.8 | +12.9 | −0.3 | +4.0 |
| 2020 | −11.1 | −11.9 | −22.4 | +27.0 | +1.1 | −2.7 | −5.9 | +1.4 | −14.2 | −3.5 | +27.3 | −3.1 |
| 2019 | +5.4 | +5.3 | +3.0 | −2.5 | −4.2 | +9.3 | −1.1 | −3.4 | +0.7 | −2.1 | +1.8 | +2.9 |
| 2018 | +0.1 | −9.8 | +1.9 | +9.7 | +0.2 | +1.7 | −0.1 | −5.3 | +3.2 | −8.7 | +7.6 | −8.5 |
| 2017 | −5.4 | +2.0 | −4.6 | −0.6 | −2.0 | +0.8 | +4.7 | −0.4 | +9.2 | −1.4 | +3.6 | +5.2 |
The rolling 1-year return is the change over the 12 months to each month end. From Jan 1963 to Nov 2026, ExxonMobil's rolling 1-year return ran from −50.6% (12 months to Mar 2020) to +112.0% (to Oct 2021). Over the same months, Chevron's ran from −40.6% (12 months to Jul 1982) to +103.1% (to Nov 1980).
ExxonMobil's 12-month change was below zero at 211 of those 767 month ends, and Chevron's at 201. ExxonMobil's 12-month change was the higher one at 420 month ends and Chevron's at 342, and the two were level at 5. That is close to an even split.
These measures cover Jan 2, 1962 to Nov 13, 2026. Over those dates, volatility was 23.0% for ExxonMobil and 25.6% for Chevron. The Sortino ratio counts only falling days as risk. Against the same 5% rate, Sortino ratios were 0.47 for ExxonMobil and 0.32 for Chevron. The Calmar ratio is the yearly return divided by the deepest fall.
Calmar ratios were 0.20 for ExxonMobil and 0.18 for Chevron.
Beta shows how much ExxonMobil and Chevron tended to move on the days the S&P 500 (SPY) moved. A beta of 1 means moving by the same amount as the index. From Feb 1, 1993 to Nov 13, 2026, ExxonMobil's beta was 0.77 and Chevron's 0.82. By that measure, both tended to move less than the index.
The correlation of ExxonMobil's and Chevron's daily moves was 0.81, a close link. A correlation of 1 would mean they always moved together, 0 no link and −1 always opposite.
| Measure | ExxonMobil | Chevron |
|---|---|---|
| Volatility, a year | 23.0% | 25.6% |
| Sharpe ratio | 0.32 | 0.22 |
| Sortino ratio | 0.47 | 0.32 |
| Calmar ratio | 0.20 | 0.18 |
| Deepest fall | 62.4% | 58.2% |
| Beta to the S&P 500from Feb 1, 1993 | 0.77 | 0.82 |
| Upside capturemonths from Dec 2016 | 83% | 90% |
| Downside capturemonths from Dec 2016 | 65% | 81% |
| Biggest one-day rise | +17.91%Oct 20, 1987 | +22.74%Mar 24, 2020 |
| Biggest one-day fall | −23.43%Oct 19, 1987 | −22.12%Mar 18, 2020 |
| Price against its 50-day average | +0.7% | +2.0% |
| Price against its 200-day average | +9.9% | +13.4% |
| Correlation of daily movesfrom Feb 1, 1993 | 0.81 | |
What ExxonMobil and Chevron do, from each company's latest annual report filed with the US Securities and Exchange Commission.
Exxon Mobil Corporation explores for and produces crude oil and natural gas. It also makes, trades, transports and sells crude oil, natural gas, petroleum products, petrochemicals and specialty products. Its annual report for 2025 names four segments: Upstream, Energy Products, Chemical Products and Specialty Products. It also pursues lower-emission businesses such as carbon capture and storage, hydrogen and lithium.
Exxon Mobil Corporation was incorporated in New Jersey in 1882. On July 1, 2026, a reorganization made ExxonMobil Holdings Corporation, a Texas corporation, the publicly traded parent of the group, according to its quarterly report for the period ended September 30, 2026. The principal executive offices are in Spring, Texas. The fiscal year ends on December 31.
Source: 10-K (fiscal 2025, ended December 31, 2025), filed Feb 18, 2026 (SEC EDGAR)
Chevron Corporation manages subsidiaries and affiliates engaged in integrated energy and chemicals operations. It reports two segments, Upstream and Downstream. Upstream covers exploring for, developing, producing and transporting crude oil and natural gas, along with liquefied natural gas, natural gas marketing, and carbon capture and storage.
Downstream covers refining crude oil into petroleum products, marketing fuels and lubricants, making renewable fuels, transporting crude oil and refined products, and making commodity petrochemicals and plastics. The company was incorporated in Delaware in 1926 and adopted the name Chevron Corporation in 1984. Its principal executive offices are in Houston, Texas. Its fiscal year ends on December 31.
Source: 10-K (fiscal 2025, ended December 31, 2025), filed Feb 24, 2026 (SEC EDGAR)
It depends on the period. ExxonMobil had the higher total return over the full span since Jan 1962, the last 5 years and the last year. Chevron had the higher total return over the last 20 and 10 years. From Jan 2, 1962 to the Nov 13, 2026 close, ExxonMobil returned +194,664% in total and Chevron +72,583%.
Both include reinvested dividends, before taxes and fees. Over the last 10 years, ExxonMobil returned +205% and Chevron +215%. Over the last 5 years, ExxonMobil returned +214% and Chevron +135%. Over the last year, ExxonMobil returned +47.8% and Chevron +46.9%. None of these ExxonMobil and Chevron figures is a forecast.
SmartFin does not say which to buy. This page reports what ExxonMobil and Chevron prices did. From Jan 2, 1962 to Nov 13, 2026, ExxonMobil grew 12.4% a year and Chevron grew 10.7%. The record shows deepest falls of 62.4% for ExxonMobil and 58.2% for Chevron. Past returns for ExxonMobil and Chevron do not show what either will do next.
Yes. Every XOM and CVX figure here uses closing prices adjusted for stock splits and dividends, so dividends count as reinvested. Taxes, fees and trading costs are left out of the ExxonMobil and Chevron figures.
At the Nov 13, 2026 close, ExxonMobil was 8.9% below its highest month-end value, set in Oct 2026. At the same close, Chevron was 6.6% below its highest month-end value, set in Oct 2026. ExxonMobil's deepest fall on daily closes was 62.4%, from Jun 2014 to Mar 2020. Chevron's deepest fall was 58.2%, from Nov 1980 to Aug 1982.
Compare ExxonMobil and Chevron with your own amount and dates in Compare Two Stocks
Daily closing prices adjusted for stock splits, with dividends reinvested, before taxes and fees. Both amounts are invested at the same close and valued at the Nov 13, 2026 close. See also: What if you invested in ExxonMobil · What if you invested in Chevron.
This page presents historical market data and calculated results for a defined period. It is not a recommendation to buy, sell, or hold the security, fund, or index shown. Past performance is not indicative of future results.