Chevron Corporation (CVX)

CVX · Energy · United States

Chevron Corporation (CVX) is a company in the Energy sector, based in United States. The stock is held in 20 ETFs we track – with its largest weight of 10.30 % in WNRG (msci-world-energy). Anyone holding one of these ETFs also owns a small indirect stake in Chevron Corporation.

Above-average ETF coverage: 20 of the 95 ETFs we cover hold Chevron Corporation, spread across 10 indices. That puts the stock in more ETFs than 82.9 % of the 4,334 stocks we cover.

Held in20 ETFs

Highest weight10.30 %

Indices10

SectorEnergy

CountryUnited States

ISINUS1667641005

WKN852552

Data note 1

About Chevron Corporation

Chevron produces crude oil and natural gas and refines and sells fuels, lubricants and petrochemicals. Its business is split into upstream, covering exploration and production, and downstream, covering refining, marketing and chemicals. Major production areas include the Permian Basin in the US, the Tengiz field in Kazakhstan and liquefied natural gas projects in Australia.

Data note 2

Price chart

Data note 3

Performance

Performance
Year to date	+38.8 %	1 year	+32.6 %
1 month	+4.4 %	3 months	+19.1 %
Calendar year 2025	+5.2 %

52W

Data note 4

Measured in euros, Chevron Corporation returned +41.4 % year to date and +35.7 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.

Data note 5

Risk metrics

Max drawdown-21.5 %

Volatility p.a.24.2 %

Data note 6

Below peak-2.9 %

Beta to S&P 500-0.47

Correlation to S&P 500-0.26

The close on Sep 16, 2026 was 2.9 % below the highest close since Jul 11, 2024, reached on Sep 15, 2026. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, Chevron Corporation moved on average 0.47 % in the opposite direction. The correlation of -0.26 shows how reliable that average is: the broad market explained only a small share of the daily moves.

Data note 7

Correlated with

The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.

Correlated with
Instrument	r	−1 … +1
ConocoPhillips	+0.88
Exxonmobil Holdings Corporation	+0.87
EOG Resources Inc.	+0.86
Occidental Petroleum Corporation	+0.86
Devon Energy Corporation	+0.83
Diamondback Energy Inc.	+0.79
United Airlines Holdings Inc.	-0.67
Delta Air Lines Inc.	-0.62
Southwest Airlines Co.	-0.60

Data note 8

Key financials

Latest reported fiscal year (FY2025, period end 2025-12-31) as filed with the SEC.

Revenue184.4 bn $

Net income12.3 bn $

Diluted EPS6.63 $

Net margin6.7 %

Return on equity6.6 %

Equity ratio57.5 %

Revenue growth-4.6 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	196.9	21.4	10.9 %
FY2024	193.4	17.7	9.2 %
FY2025	184.4	12.3	6.7 %

Data note 9

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
WNRG	msci-world-energy	10.30 %	€103.00
XDW0	msci-world-energy	10.27 %	€102.70
CIND	dow-jones	2.44 %	€24.40
XDEM	msci-world-momentum	1.08 %	€10.80
SPYL / SPY5	sp500	0.61 %	€6.10
SXR8	sp500	0.61 %	€6.10
XD9U / XD9D	msci-usa	0.60 %	€6.00
XDEB	msci-world-minimum-volatility	0.48 %	€4.80
SWWD	msci-world	0.43 %	€4.30
EUNL	msci-world	0.43 %	€4.30
SPPW	msci-world	0.43 %	€4.30
XDWD / XDWL	msci-world	0.43 %	€4.30
WIMI	msci-world-imi	0.39 %	€3.90
SPYI / SPSA	msci-acwi-imi	0.38 %	€3.80
SPYY	msci-acwi	0.38 %	€3.80
IUSQ	msci-acwi	0.38 %	€3.80

Data note 10

The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to Chevron Corporation as of the fund's latest holdings list.

Weight in EUNL since 2019

Sep 30, 2019Sep 16, 2026

In EUNL, a fund tracking the MSCI World, Chevron Corporation had a weight of 0.55 % on Sep 30, 2019 and 0.43 % on Sep 16, 2026. Its share peaked at 0.66 % on Dec 30, 2022. The weight rises and falls with the stock's price relative to the other index members, and it also shifts when the index provider changes the composition.

Data note 11

How much Chevron Corporation overlaps with other holdings in a portfolio is shown by the Portfolio X-Ray and the ETF overlap check.

Stocks with similar ETF exposure

Names that reach a portfolio through largely the same funds as Chevron Corporation — the figure counts the ETFs holding both.

Data note 12

Key figures side by side

Key figures compared with stocks of similar ETF exposure
Stock	1 year	Volatility p.a.	Net margin	Revenue growth
Chevron Corporation	+32.6 %	24.2 %	6.7 %	-4.6 %
ConocoPhillips	+40.2 %	32.0 %	15.4 %	+4.9 %
Marathon Petroleum Corporation	+126.2 %	34.5 %	3.0 %	-4.4 %
Phillips 66	+98.9 %	33.2 %	3.3 %	-7.5 %
Exxonmobil Holdings Corporation	+42.4 %	24.7 %	–	–
Williams Companies	+22.3 %	25.2 %	17.6 %	+17.9 %
Occidental Petroleum Corporation	+24.3 %	35.0 %	21.8 %	-5.0 %
Targa Resources	+74.8 %	32.3 %	11.3 %	+20.5 %
Valero Energy Corporation	+148.0 %	36.8 %	–	–

Return and volatility from our daily closing prices in US dollars; margin and growth from the latest SEC annual filing. Fiscal years do not all end on the same date.