From Nov 13, 2025 to the Nov 13, 2026 close, $1,000 in ExxonMobil (XOM) became $1,478 and $1,000 in Chevron (CVX) became $1,469, with dividends reinvested.

  • Deepest fall: ExxonMobil 20.1% (Mar 30, 2026 to Jun 29, 2026); Chevron 20.8% (Mar 27, 2026 to Jul 1, 2026)
ExxonMobil (XOM)
Total return48%
A year47.8%
Deepest fall20.1%
Volatility27.1%
Sharpe ratio1.58
Beta to S&P 500−0.61
Chevron (CVX)
Total return47%
A year46.9%
Deepest fall20.8%
Volatility24.6%
Sharpe ratio1.70
Beta to S&P 500−0.55

From Nov 13, 2025 to Nov 13, 2026, ExxonMobil grew 47.8% a year and Chevron grew 46.9%. The higher rate, ExxonMobil's, came with wider daily swings. Volatility was 27.1% for ExxonMobil and 24.6% for Chevron. The Sharpe ratio is the yearly return above a fixed 5% risk-free rate, per unit of volatility.

Sharpe ratios were 1.58 for ExxonMobil and 1.70 for Chevron. Once swings are counted, the order is the other way round. Over the same dates, the price record shows deepest falls of 20.1% for ExxonMobil and 20.8% for Chevron. From Nov 14, 2025 to Nov 13, 2026, betas to the S&P 500 were −0.61 for ExxonMobil and −0.55 for Chevron.

Growth of $1,000 in ExxonMobil and Chevron

The growth line has 13 month ends, from Nov 2025 to Nov 2026. At each of them, the $1,000 in ExxonMobil was worth more than the $1,000 in Chevron.

At the end of Jun 2026, $1,000 had become $1,177 in ExxonMobil and $1,098 in Chevron. In relative terms, that was the widest gap between them at any month end. Neither the $1,000 in ExxonMobil nor the $1,000 in Chevron reached $2,000 at a month end.

The highest month-end values were $1,622 for ExxonMobil (Oct 2026) and $1,573 for Chevron (Oct 2026).

ExxonMobil (XOM), circleChevron (CVX), square
$1k$1.1k$1.2k$1.3k$1.4k$1.5k$1.6k2026XOM $1,478CVX $1,469
$1k$1.1k$1.2k$1.3k$1.4k$1.5k$1.6k2026XOM $1,478CVX $1,469

ExxonMobil and Chevron returns by period

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 ChevronExxonMobil a yearChevron a year
Since both startedfrom Jan 2, 1962$1,947,636$726,82612.4%10.7%
Last 20 yearsfrom Nov 13, 2006$4,527$6,7587.8%10.0%
Last 10 yearsfrom Nov 14, 2016$3,054$3,14511.8%12.1%
Last 5 yearsfrom Nov 12, 2021$3,143$2,35225.7%18.6%
Last yearfrom Nov 13, 2025$1,478$1,46947.8%46.9%

How far ExxonMobil and Chevron fell below their highs

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, the deepest falls of ExxonMobil and Chevron came in the same stretch. ExxonMobil fell 20.1% from Mar 30, 2026 to Jun 29, 2026.

Chevron fell 20.8% from Mar 27, 2026 to Jul 1, 2026. ExxonMobil closed back at its old high on Sep 15, 2026, 2 months after the low. Chevron closed back at its old high on Sep 1, 2026, 2 months after the low.

Neither ExxonMobil nor Chevron ended a month 20% or more below its high from Nov 13, 2025 to Nov 13, 2026.

This page tracks four S&P 500 falls: dot-com, 2008, COVID and 2022. All four lie outside the ExxonMobil and Chevron dates, from Nov 13, 2025 to Nov 13, 2026.

ExxonMobil (XOM), circleChevron (CVX), square
−20%−15%−10%−5%0%2026
−20%−15%−10%−5%0%2026

ExxonMobil vs Chevron by year

No full calendar year lies from Nov 13, 2025 to Nov 13, 2026, so there are no yearly bars yet for ExxonMobil and Chevron.

ExxonMobil (XOM), circleChevron (CVX), square

ExxonMobil and Chevron monthly returns

These counts cover 11 full months, Dec 2025 to Oct 2026. ExxonMobil rose in 8 of them and Chevron in 7. Both rose in 7, both fell in 3, and in 1 one rose while the other fell. ExxonMobil's largest monthly fall was −9.0% in Apr 2026, and Chevron's −9.2% in Jun 2026.

ExxonMobil's largest monthly rise was +17.5% in Jan 2026, and Chevron's +18.7% in Jul 2026. ExxonMobil's longest run of falling months was 3, ending in Jun 2026. Chevron's longest run of falling months was 3, ending in Jun 2026.

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%.

ExxonMobil, % each month
JFMAMJJASOND
2026+17.5+8.6+11.3−9.0−5.2−5.9+13.7+4.2+1.1+15.1−8.9
2025+3.8
Chevron, % each month
JFMAMJJASOND
2026+16.1+6.6+10.8−6.6−4.7−9.2+18.7+5.6−0.9+15.3−6.6
2025+0.8

ExxonMobil and Chevron: rolling 1-year return and volatility

The rolling 1-year return is the change over the 12 months to each month end. From Nov 2026 to Nov 2026, ExxonMobil's rolling 1-year return ran from +50.1% (12 months to Nov 2026) to +50.1% (to Nov 2026). Over the same months, Chevron's ran from +49.6% (12 months to Nov 2026) to +49.6% (to Nov 2026).

Neither ExxonMobil nor Chevron had a 12-month loss at any of those 1 month ends. ExxonMobil's 12-month change was the higher of the two at every one of those 1 month ends.

ExxonMobil (XOM), circleChevron (CVX), square
21%22%23%24%25%26%27%2026
21%22%23%24%25%26%27%2026

ExxonMobil and Chevron: volatility, risk-adjusted return, beta and correlation

These measures cover Nov 13, 2025 to Nov 13, 2026. Over those dates, volatility was 27.1% for ExxonMobil and 24.6% for Chevron. The Sortino ratio counts only falling days as risk. Against the same 5% rate, Sortino ratios were 2.32 for ExxonMobil and 2.52 for Chevron. The Calmar ratio is the yearly return divided by the deepest fall.

Calmar ratios were 2.38 for ExxonMobil and 2.25 for Chevron, the opposite order to the Sharpe ratios.

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 Nov 14, 2025 to Nov 13, 2026, ExxonMobil's beta was −0.61 and Chevron's −0.55. By that measure, both tended to move against the index on the same day.

The correlation of ExxonMobil's and Chevron's daily moves was 0.86, a close link. A correlation of 1 would mean they always moved together, 0 no link and −1 always opposite.

MeasureExxonMobilChevron
Volatility, a year27.1%24.6%
Sharpe ratio1.581.70
Sortino ratio2.322.52
Calmar ratio2.382.25
Deepest fall20.1%20.8%
Beta to the S&P 500from Nov 14, 2025−0.61−0.55
Upside capturemonths from Dec 201683%90%
Downside capturemonths from Dec 201665%81%
Biggest one-day rise+4.41%Aug 10, 2026+5.10%Jan 5, 2026
Biggest one-day fall−5.23%Apr 1, 2026−4.59%Apr 1, 2026
Price against its 50-day average+0.7%+2.0%
Price against its 200-day average+9.9%+13.4%
Correlation of daily movesfrom Nov 14, 20250.86

About ExxonMobil and Chevron

What ExxonMobil and Chevron do, from each company's latest annual report filed with the US Securities and Exchange Commission.

ExxonMobil

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

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)

About this calculation

What it calculates
For ExxonMobil and Chevron over the same dates: the value of $1,000 in each, total and yearly return, the deepest fall and its recovery, every calendar year, monthly and rolling 12-month changes, and the risk measures below.
Prices
Daily closing prices adjusted for stock splits and dividends, so dividends count as reinvested.
Dates
Both start on the same trading day: the first day both price histories used here share, or the start of the period chosen, and both are valued at the Nov 13, 2026 close.
Yearly return
(final value ÷ $1,000)1 ÷ years − 1, with years counted as days ÷ 365.
Deepest fall
The largest drop from a closing high to a later closing low; recovery is the first close back at that high.
Volatility
How widely daily returns spread around their average over the dates shown: the square root of the average squared gap from that average (dividing by one less than the number of days), × √252, as a yearly figure.
Sharpe ratio
(yearly return − 5%) ÷ volatility, with a fixed risk-free rate of 5% a year.
Sortino ratio
(yearly return − 5%) ÷ downside deviation: the square root of the average squared daily fall (days above 0 count as 0), × √252.
Calmar ratio
Yearly return ÷ the deepest fall over the dates shown.
Beta and correlation
From daily returns on the days both stocks and SPY traded: beta is the covariance of a stock's daily returns with SPY's ÷ the variance of SPY's; correlation is that of the two stocks' daily returns.
Biggest one-day moves
The largest daily rise and fall in adjusted close over the dates shown.
Moving-average distance
The last close against the simple average of the last 50 and 200 closes. A fact about price, not a signal.
Capture
Over the last 10 years of month ends: a stock's average monthly change in the months SPY rose (fell), as a percentage of SPY's average change in those months.
Rounding
Calculated at full precision and rounded for display: whole dollars, one decimal for percentages, two for ratios.
Exclusions
Taxes, fees, currency conversion and companies no longer in the index.
Freshness
Recalculated after each trading day. Company profiles come from each company's latest annual report, with the filing date shown.
Reproduce
Open this comparison in Compare Two Stocks

Common questions

Which had the higher return, ExxonMobil or Chevron stock?

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.

Is ExxonMobil or Chevron the better stock to buy?

SmartFin does not say which to buy. This page reports what ExxonMobil and Chevron prices did. From Nov 13, 2025 to Nov 13, 2026, ExxonMobil grew 47.8% a year and Chevron grew 46.9%. The record shows deepest falls of 20.1% for ExxonMobil and 20.8% for Chevron. Past returns for ExxonMobil and Chevron do not show what either will do next.

Do the ExxonMobil and Chevron returns include dividends?

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.

Has ExxonMobil or Chevron stock dropped from its high?

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 20.1%, from Mar 2026 to Jun 2026. Chevron's deepest fall was 20.8%, from Mar 2026 to Jul 2026.

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.

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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.