NUE vs CVE
Comparison between Nucor Corp (NUE, Company) and Cenovus Energy Inc (CVE, Company).
NUE is from the Basic Materials sector, while CVE is from the Energy sector.
5-Year PerformanceCVE has outperformed NUE, delivering a return of +32.3% compared to +20.0%
NUE vs CVE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NUE vs CVE - Historical Returns
Returns include dividend reinvestment.
NUE vs CVE - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NUE | CVE |
|---|---|---|
| 2026 | +34.74% | +63.06% |
| 2025 | +44.82% | +14.53% |
| 2024 | -32.51% | -5.45% |
| 2023 | +34.50% | -6.75% |
| 2022 | +18.55% | +56.46% |
| 2021 | +121.28% | +100.10% |
| 2020 | +0.22% | -39.41% |
| 2019 | +11.02% | +42.28% |
| 2018 | -20.05% | -26.42% |
| 2017 | +9.41% | -38.78% |
| 2016 | +55.00% | +23.43% |
| 2015 | -14.82% | -35.68% |
| 2014 | -4.25% | -23.99% |
| 2013 | +22.91% | -13.39% |
| 2012 | +10.47% | -0.11% |
| 2011 | -7.09% | +1.74% |
| 2010 | -5.11% | +28.53% |
| 2009 | -0.33% | +1.62% |
| 2008 | -17.57% | N/A |
| 2007 | +13.10% | N/A |
| 2006 | +64.16% | N/A |
| 2005 | +36.54% | N/A |
| 2004 | +88.90% | N/A |
| 2003 | +34.83% | N/A |
| 2002 | -18.74% | N/A |
| 2001 | +39.93% | N/A |
| 2000 | -25.71% | N/A |
| 1999 | +8.79% | N/A |
NUE vs CVE Drawdown Comparison
The maximum drawdown for NUE was -68.32%, occurring on Nov 20, 2008. Recovery took 2146 trading sessions.
The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.
The current NUE drawdown is -2.87%. The current CVE drawdown is -6.72%.
| Rank | NUE | CVE |
|---|---|---|
| #1 | -68.32% May 16, 2008 - Nov 22, 2016 | -94.85% Jul 22, 2011 - Apr 29, 2026 |
| #2 | -57.19% Jan 11, 2018 - Mar 8, 2021 | -18.93% Apr 14, 2010 - Oct 13, 2010 |
| #3 | -47.80% Apr 5, 2024 - Apr 17, 2026 | -16.58% Apr 8, 2011 - Jul 22, 2011 |
| #4 | -47.33% Jun 6, 2002 - May 27, 2004 | -12.97% Jan 4, 2010 - Apr 1, 2010 |
| #5 | -46.50% Dec 15, 1999 - Jun 5, 2001 | -10.99% Mar 2, 2011 - Apr 1, 2011 |
| #6 | -40.84% Apr 21, 2022 - Feb 1, 2023 | -9.62% Nov 27, 2009 - Jan 4, 2010 |
| #7 | -38.17% Jun 5, 2001 - Jan 28, 2002 | -7.42% Oct 13, 2010 - Nov 11, 2010 |
| #8 | -33.08% Jun 1, 2007 - Feb 26, 2008 | -6.72% May 5, 2026 - May 8, 2026 |
| #9 | -27.42% Mar 4, 2005 - Nov 2, 2005 | -6.40% Nov 11, 2010 - Dec 2, 2010 |
| #10 | -25.71% Mar 3, 2023 - Dec 19, 2023 | -5.81% Jan 4, 2011 - Jan 31, 2011 |
| #11 | -25.63% Aug 13, 2021 - Feb 25, 2022 | -3.73% Dec 6, 2010 - Dec 21, 2010 |
| #12 | -22.51% May 4, 2006 - Oct 24, 2006 | -3.53% Apr 5, 2010 - Apr 9, 2010 |
| #13 | -19.62% Oct 6, 2004 - Nov 10, 2004 | -2.66% Apr 1, 2011 - Apr 8, 2011 |
| #14 | -18.35% Dec 7, 2016 - Jan 2, 2018 | -1.50% Jan 31, 2011 - Feb 10, 2011 |
| #15 | -18.34% Jun 1, 2021 - Aug 10, 2021 | -1.42% Feb 23, 2011 - Feb 25, 2011 |
Correlation
Correlation between NUE and CVE is 0.10 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (1999 - 2026)
NUE vs CVE dividend yield comparison.
| Year | NUE | CVE |
|---|---|---|
| 2026 | 0.25% | 0.52% |
| 2025 | 1.35% | 3.32% |
| 2024 | 1.86% | 3.92% |
| 2023 | 1.19% | 2.33% |
| 2022 | 1.52% | 1.81% |
| 2021 | 1.50% | 0.56% |
| 2020 | 3.03% | 0.75% |
| 2019 | 2.85% | 1.58% |
| 2018 | 2.97% | 2.34% |
| 2017 | 2.38% | 2.19% |
| 2016 | 2.52% | 1.32% |
| 2015 | 3.70% | 6.75% |
| 2014 | 3.02% | 5.16% |
| 2013 | 2.76% | 3.38% |
| 2012 | 3.39% | 2.62% |
| 2011 | 3.67% | 2.41% |
| 2010 | 3.29% | 2.41% |
| 2009 | 3.02% | 0.79% |
| 2008 | 4.13% | 0.00% |
| 2007 | 4.12% | 0.00% |
| 2006 | 3.93% | 0.00% |
| 2005 | 2.77% | 0.00% |
| 2004 | 0.90% | 0.00% |
| 2003 | 1.43% | 0.00% |
| 2002 | 1.84% | 0.00% |
| 2001 | 1.28% | 0.00% |
| 2000 | 1.51% | 0.00% |
| 1999 | 0.24% | 0.00% |
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