MT vs CVE
Comparison between ArcelorMittal (MT, Company) and Cenovus Energy Inc (CVE, Company).
MT is from the Basic Materials sector, while CVE is from the Energy sector.
5-Year PerformanceCVE has outperformed MT, delivering a return of +32.2% compared to +17.6%
MT vs CVE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
MT vs CVE - Historical Returns
Returns include dividend reinvestment.
MT vs CVE - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MT | CVE |
|---|---|---|
| 2026 | +40.05% | +66.26% |
| 2025 | +102.52% | +14.53% |
| 2024 | -16.41% | -5.45% |
| 2023 | +8.57% | -6.75% |
| 2022 | -17.23% | +56.46% |
| 2021 | +34.13% | +100.10% |
| 2020 | +29.31% | -39.41% |
| 2019 | -12.23% | +42.28% |
| 2018 | -39.18% | -26.42% |
| 2017 | +43.41% | -38.78% |
| 2016 | +137.07% | +23.43% |
| 2015 | -60.43% | -35.68% |
| 2014 | -36.59% | -23.99% |
| 2013 | +2.53% | -13.39% |
| 2012 | -8.10% | -0.11% |
| 2011 | -48.80% | +1.74% |
| 2010 | -19.09% | +28.53% |
| 2009 | +79.03% | +1.62% |
| 2008 | -66.82% | N/A |
| 2007 | +93.01% | N/A |
| 2006 | +69.10% | N/A |
| 2005 | -26.22% | N/A |
| 2004 | +329.92% | N/A |
| 2003 | +299.55% | N/A |
| 2002 | +18.92% | N/A |
| 2001 | -36.36% | N/A |
| 2000 | -85.71% | N/A |
| 1999 | +50.80% | N/A |
MT vs CVE Drawdown Comparison
The maximum drawdown for MT was -96.35%, occurring on Feb 11, 2016. This drawdown has not yet recovered.
The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.
The current MT drawdown is -61.72%. The current CVE drawdown is -8.93%.
| Rank | MT | CVE |
|---|---|---|
| #1 | -96.35% Jun 5, 2008 - Feb 11, 2016 | -94.85% Jul 22, 2011 - Apr 29, 2026 |
| #2 | -95.62% Jan 14, 2000 - Aug 2, 2004 | -22.95% May 19, 2026 - Jul 6, 2026 |
| #3 | -46.40% Feb 25, 2005 - May 8, 2006 | -18.93% Apr 14, 2010 - Oct 13, 2010 |
| #4 | -28.64% May 8, 2006 - Oct 19, 2006 | -16.58% Apr 8, 2011 - Jul 22, 2011 |
| #5 | -28.56% Oct 29, 2007 - Apr 4, 2008 | -12.97% Jan 4, 2010 - Apr 1, 2010 |
| #6 | -27.60% Dec 1, 2004 - Feb 25, 2005 | -10.99% Mar 2, 2011 - Apr 1, 2011 |
| #7 | -22.91% Oct 6, 2004 - Oct 26, 2004 | -9.62% Nov 27, 2009 - Jan 4, 2010 |
| #8 | -20.72% Jul 12, 2007 - Sep 14, 2007 | -7.42% Oct 13, 2010 - Nov 11, 2010 |
| #9 | -12.06% Sep 13, 2004 - Oct 4, 2004 | -6.73% May 5, 2026 - May 15, 2026 |
| #10 | -10.37% Dec 7, 1999 - Dec 21, 1999 | -6.40% Nov 11, 2010 - Dec 2, 2010 |
| #11 | -9.62% Aug 10, 2004 - Sep 7, 2004 | -5.81% Jan 4, 2011 - Jan 31, 2011 |
| #12 | -8.75% Feb 26, 2007 - Mar 26, 2007 | -3.73% Dec 6, 2010 - Dec 21, 2010 |
| #13 | -7.75% Dec 11, 2006 - Jan 23, 2007 | -3.53% Apr 5, 2010 - Apr 9, 2010 |
| #14 | -6.91% Jun 21, 2007 - Jul 9, 2007 | -2.66% Apr 1, 2011 - Apr 8, 2011 |
| #15 | -6.66% Oct 26, 2006 - Dec 11, 2006 | -1.50% Jan 31, 2011 - Feb 10, 2011 |
Correlation
Correlation between MT and CVE is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2005 - 2026)
MT vs CVE dividend yield comparison.
| Year | MT | CVE |
|---|---|---|
| 2026 | 0.46% | 1.06% |
| 2025 | 1.21% | 3.32% |
| 2024 | 2.16% | 3.92% |
| 2023 | 1.55% | 2.33% |
| 2022 | 1.45% | 1.81% |
| 2021 | 0.94% | 0.56% |
| 2020 | 0.00% | 0.75% |
| 2019 | 1.14% | 1.58% |
| 2018 | 0.48% | 2.34% |
| 2017 | 0.00% | 2.19% |
| 2016 | 0.00% | 1.32% |
| 2015 | 4.03% | 6.75% |
| 2014 | 1.54% | 5.16% |
| 2013 | 1.91% | 3.38% |
| 2012 | 3.65% | 2.62% |
| 2011 | 3.51% | 2.41% |
| 2010 | 1.67% | 2.41% |
| 2009 | 1.39% | 0.79% |
| 2008 | 6.48% | 0.00% |
| 2007 | 1.43% | 0.00% |
| 2006 | 5.41% | 0.00% |
| 2005 | 3.32% | 0.00% |
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