CVE vs MT
Comparison between Cenovus Energy Inc (CVE, Company) and ArcelorMittal (MT, Company).
CVE is from the Energy sector, while MT is from the Basic Materials sector.
5-Year PerformanceCVE has outperformed MT, delivering a return of +27.6% compared to +17.0%
CVE vs MT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CVE vs MT - Historical Returns
Returns include dividend reinvestment.
CVE vs MT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CVE | MT |
|---|---|---|
| 2026 | +62.06% | +43.03% |
| 2025 | +14.53% | +102.52% |
| 2024 | -5.45% | -16.41% |
| 2023 | -6.75% | +8.57% |
| 2022 | +56.46% | -17.23% |
| 2021 | +100.10% | +34.13% |
| 2020 | -39.41% | +29.31% |
| 2019 | +42.28% | -12.23% |
| 2018 | -26.42% | -39.18% |
| 2017 | -38.78% | +43.41% |
| 2016 | +23.43% | +137.07% |
| 2015 | -35.68% | -60.43% |
| 2014 | -23.99% | -36.59% |
| 2013 | -13.39% | +2.53% |
| 2012 | -0.11% | -8.10% |
| 2011 | +1.74% | -48.80% |
| 2010 | +28.53% | -19.09% |
| 2009 | +1.62% | +79.03% |
| 2008 | N/A | -66.82% |
| 2007 | N/A | +93.01% |
| 2006 | N/A | +69.10% |
| 2005 | N/A | -26.22% |
| 2004 | N/A | +329.92% |
| 2003 | N/A | +299.55% |
| 2002 | N/A | +18.92% |
| 2001 | N/A | -36.36% |
| 2000 | N/A | -85.71% |
| 1999 | N/A | +50.80% |
CVE vs MT Drawdown Comparison
The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.
The maximum drawdown for MT was -96.35%, occurring on Feb 11, 2016. This drawdown has not yet recovered.
The current CVE drawdown is -11.23%. The current MT drawdown is -60.91%.
| Rank | CVE | MT |
|---|---|---|
| #1 | -94.85% Jul 22, 2011 - Apr 29, 2026 | -96.35% Jun 5, 2008 - Feb 11, 2016 |
| #2 | -18.93% Apr 14, 2010 - Oct 13, 2010 | -95.62% Jan 14, 2000 - Aug 2, 2004 |
| #3 | -16.58% Apr 8, 2011 - Jul 22, 2011 | -46.40% Feb 25, 2005 - May 8, 2006 |
| #4 | -13.30% May 19, 2026 - May 29, 2026 | -28.64% May 8, 2006 - Oct 19, 2006 |
| #5 | -12.97% Jan 4, 2010 - Apr 1, 2010 | -28.56% Oct 29, 2007 - Apr 4, 2008 |
| #6 | -10.99% Mar 2, 2011 - Apr 1, 2011 | -27.60% Dec 1, 2004 - Feb 25, 2005 |
| #7 | -9.62% Nov 27, 2009 - Jan 4, 2010 | -22.91% Oct 6, 2004 - Oct 26, 2004 |
| #8 | -7.42% Oct 13, 2010 - Nov 11, 2010 | -20.72% Jul 12, 2007 - Sep 14, 2007 |
| #9 | -6.73% May 5, 2026 - May 15, 2026 | -12.06% Sep 13, 2004 - Oct 4, 2004 |
| #10 | -6.40% Nov 11, 2010 - Dec 2, 2010 | -10.37% Dec 7, 1999 - Dec 21, 1999 |
| #11 | -5.81% Jan 4, 2011 - Jan 31, 2011 | -9.62% Aug 10, 2004 - Sep 7, 2004 |
| #12 | -3.73% Dec 6, 2010 - Dec 21, 2010 | -8.75% Feb 26, 2007 - Mar 26, 2007 |
| #13 | -3.53% Apr 5, 2010 - Apr 9, 2010 | -7.75% Dec 11, 2006 - Jan 23, 2007 |
| #14 | -2.66% Apr 1, 2011 - Apr 8, 2011 | -6.91% Jun 21, 2007 - Jul 9, 2007 |
| #15 | -1.50% Jan 31, 2011 - Feb 10, 2011 | -6.66% Oct 26, 2006 - Dec 11, 2006 |
Correlation
Correlation between CVE and MT is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2005 - 2026)
CVE vs MT dividend yield comparison.
| Year | CVE | MT |
|---|---|---|
| 2026 | 0.52% | 0.45% |
| 2025 | 3.32% | 1.21% |
| 2024 | 3.92% | 2.16% |
| 2023 | 2.33% | 1.55% |
| 2022 | 1.81% | 1.45% |
| 2021 | 0.56% | 0.94% |
| 2020 | 0.75% | 0.00% |
| 2019 | 1.58% | 1.14% |
| 2018 | 2.34% | 0.48% |
| 2017 | 2.19% | 0.00% |
| 2016 | 1.32% | 0.00% |
| 2015 | 6.75% | 4.03% |
| 2014 | 5.16% | 1.54% |
| 2013 | 3.38% | 1.91% |
| 2012 | 2.62% | 3.65% |
| 2011 | 2.41% | 3.51% |
| 2010 | 2.41% | 1.67% |
| 2009 | 0.79% | 1.39% |
| 2008 | 0.00% | 6.48% |
| 2007 | 0.00% | 1.43% |
| 2006 | 0.00% | 5.41% |
| 2005 | 0.00% | 3.32% |
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