CVE vs NUE
Comparison between Cenovus Energy Inc (CVE, Company) and Nucor Corp (NUE, Company).
CVE is from the Energy sector, while NUE is from the Basic Materials sector.
5-Year PerformanceCVE has outperformed NUE, delivering a return of +33.1% compared to +22.5%
CVE vs NUE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CVE vs NUE - Historical Returns
Returns include dividend reinvestment.
CVE vs NUE - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CVE | NUE |
|---|---|---|
| 2026 | +71.60% | +43.19% |
| 2025 | +14.53% | +44.82% |
| 2024 | -5.45% | -32.51% |
| 2023 | -6.75% | +34.50% |
| 2022 | +56.46% | +18.55% |
| 2021 | +100.10% | +121.28% |
| 2020 | -39.41% | +0.22% |
| 2019 | +42.28% | +11.02% |
| 2018 | -26.42% | -20.05% |
| 2017 | -38.78% | +9.41% |
| 2016 | +23.43% | +55.00% |
| 2015 | -35.68% | -14.82% |
| 2014 | -23.99% | -4.25% |
| 2013 | -13.39% | +22.91% |
| 2012 | -0.11% | +10.47% |
| 2011 | +1.74% | -7.09% |
| 2010 | +28.53% | -5.11% |
| 2009 | +1.62% | -0.33% |
| 2008 | N/A | -17.57% |
| 2007 | N/A | +13.10% |
| 2006 | N/A | +64.16% |
| 2005 | N/A | +36.54% |
| 2004 | N/A | +88.90% |
| 2003 | N/A | +34.83% |
| 2002 | N/A | -18.74% |
| 2001 | N/A | +39.93% |
| 2000 | N/A | -25.71% |
| 1999 | N/A | +8.79% |
CVE vs NUE Drawdown Comparison
The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.
The maximum drawdown for NUE was -68.32%, occurring on Nov 20, 2008. Recovery took 2146 trading sessions.
The current CVE drawdown is -6.00%. The current NUE drawdown is -9.23%.
| Rank | CVE | NUE |
|---|---|---|
| #1 | -94.85% Jul 22, 2011 - Apr 29, 2026 | -68.32% May 16, 2008 - Nov 22, 2016 |
| #2 | -22.95% May 19, 2026 - Jul 6, 2026 | -57.19% Jan 11, 2018 - Mar 8, 2021 |
| #3 | -18.93% Apr 14, 2010 - Oct 13, 2010 | -47.80% Apr 5, 2024 - Apr 17, 2026 |
| #4 | -16.58% Apr 8, 2011 - Jul 22, 2011 | -47.33% Jun 6, 2002 - May 27, 2004 |
| #5 | -12.97% Jan 4, 2010 - Apr 1, 2010 | -46.50% Dec 15, 1999 - Jun 5, 2001 |
| #6 | -10.99% Mar 2, 2011 - Apr 1, 2011 | -40.84% Apr 21, 2022 - Feb 1, 2023 |
| #7 | -9.62% Nov 27, 2009 - Jan 4, 2010 | -38.17% Jun 5, 2001 - Jan 28, 2002 |
| #8 | -7.42% Oct 13, 2010 - Nov 11, 2010 | -33.08% Jun 1, 2007 - Feb 26, 2008 |
| #9 | -6.73% May 5, 2026 - May 15, 2026 | -27.42% Mar 4, 2005 - Nov 2, 2005 |
| #10 | -6.40% Nov 11, 2010 - Dec 2, 2010 | -25.71% Mar 3, 2023 - Dec 19, 2023 |
| #11 | -5.81% Jan 4, 2011 - Jan 31, 2011 | -25.63% Aug 13, 2021 - Feb 25, 2022 |
| #12 | -3.73% Dec 6, 2010 - Dec 21, 2010 | -22.51% May 4, 2006 - Oct 24, 2006 |
| #13 | -3.53% Apr 5, 2010 - Apr 9, 2010 | -19.62% Oct 6, 2004 - Nov 10, 2004 |
| #14 | -2.66% Apr 1, 2011 - Apr 8, 2011 | -18.35% Dec 7, 2016 - Jan 2, 2018 |
| #15 | -1.50% Jan 31, 2011 - Feb 10, 2011 | -18.34% Jun 1, 2021 - Aug 10, 2021 |
Correlation
Correlation between CVE and NUE is 0.15 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (1999 - 2026)
CVE vs NUE dividend yield comparison.
| Year | CVE | NUE |
|---|---|---|
| 2026 | 1.02% | 0.46% |
| 2025 | 3.32% | 1.35% |
| 2024 | 3.92% | 1.86% |
| 2023 | 2.33% | 1.19% |
| 2022 | 1.81% | 1.52% |
| 2021 | 0.56% | 1.50% |
| 2020 | 0.75% | 3.03% |
| 2019 | 1.58% | 2.85% |
| 2018 | 2.34% | 2.97% |
| 2017 | 2.19% | 2.38% |
| 2016 | 1.32% | 2.52% |
| 2015 | 6.75% | 3.70% |
| 2014 | 5.16% | 3.02% |
| 2013 | 3.38% | 2.76% |
| 2012 | 2.62% | 3.39% |
| 2011 | 2.41% | 3.67% |
| 2010 | 2.41% | 3.29% |
| 2009 | 0.79% | 3.02% |
| 2008 | 0.00% | 4.13% |
| 2007 | 0.00% | 4.12% |
| 2006 | 0.00% | 3.93% |
| 2005 | 0.00% | 2.77% |
| 2004 | 0.00% | 0.90% |
| 2003 | 0.00% | 1.43% |
| 2002 | 0.00% | 1.84% |
| 2001 | 0.00% | 1.28% |
| 2000 | 0.00% | 1.51% |
| 1999 | 0.00% | 0.24% |
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