ON vs CVE
Comparison between ON Semiconductor Corp (ON, Company) and Cenovus Energy Inc (CVE, Company).
ON is from the Technology sector, while CVE is from the Energy sector.
5-Year PerformanceON has outperformed CVE, delivering a return of +27.7% compared to +24.2%
ON vs CVE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ON vs CVE - Historical Returns
Returns include dividend reinvestment.
ON vs CVE - Annual Returns (2000 - 2026)
Returns include dividend reinvestment.
| Year | ON | CVE |
|---|---|---|
| 2026 | +114.50% | +45.27% |
| 2025 | -12.25% | +14.53% |
| 2024 | -22.59% | -5.45% |
| 2023 | +35.58% | -6.75% |
| 2022 | -11.12% | +56.46% |
| 2021 | +107.90% | +100.10% |
| 2020 | +30.61% | -39.41% |
| 2019 | +45.29% | +42.28% |
| 2018 | -24.30% | -26.42% |
| 2017 | +65.01% | -38.78% |
| 2016 | +31.55% | +23.43% |
| 2015 | -3.92% | -35.68% |
| 2014 | +26.47% | -23.99% |
| 2013 | +11.80% | -13.39% |
| 2012 | -9.27% | -0.11% |
| 2011 | -21.78% | +1.74% |
| 2010 | +11.39% | +28.53% |
| 2009 | +130.29% | +1.62% |
| 2008 | -60.37% | N/A |
| 2007 | +18.40% | N/A |
| 2006 | +31.20% | N/A |
| 2005 | +24.55% | N/A |
| 2004 | -28.50% | N/A |
| 2003 | +350.00% | N/A |
| 2002 | -39.11% | N/A |
| 2001 | -57.54% | N/A |
| 2000 | -78.13% | N/A |
ON vs CVE Drawdown Comparison
The maximum drawdown for ON was -96.22%, occurring on Oct 4, 2002. Recovery took 4428 trading sessions.
The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.
The current ON drawdown is -9.19%. The current CVE drawdown is -20.42%.
| Rank | ON | CVE |
|---|---|---|
| #1 | -96.22% Jun 12, 2000 - Jan 18, 2018 | -94.85% Jul 22, 2011 - Apr 29, 2026 |
| #2 | -70.44% Aug 1, 2023 - May 13, 2026 | -20.42% May 19, 2026 - Jun 18, 2026 |
| #3 | -68.47% Mar 12, 2018 - Nov 9, 2020 | -18.93% Apr 14, 2010 - Oct 13, 2010 |
| #4 | -33.98% Jan 4, 2022 - Aug 12, 2022 | -16.58% Apr 8, 2011 - Jul 22, 2011 |
| #5 | -25.00% May 2, 2000 - Jun 12, 2000 | -12.97% Jan 4, 2010 - Apr 1, 2010 |
| #6 | -24.69% Aug 25, 2022 - Feb 1, 2023 | -10.99% Mar 2, 2011 - Apr 1, 2011 |
| #7 | -20.99% Apr 5, 2021 - Aug 3, 2021 | -9.62% Nov 27, 2009 - Jan 4, 2010 |
| #8 | -19.45% Feb 14, 2023 - Jun 1, 2023 | -7.42% Oct 13, 2010 - Nov 11, 2010 |
| #9 | -18.14% Jan 29, 2018 - Mar 6, 2018 | -6.73% May 5, 2026 - May 15, 2026 |
| #10 | -17.74% Jun 3, 2026 - Jun 10, 2026 | -6.40% Nov 11, 2010 - Dec 2, 2010 |
| #11 | -15.32% Sep 27, 2021 - Nov 1, 2021 | -5.81% Jan 4, 2011 - Jan 31, 2011 |
| #12 | -14.86% Mar 1, 2021 - Apr 1, 2021 | -3.73% Dec 6, 2010 - Dec 21, 2010 |
| #13 | -11.55% Jan 19, 2021 - Feb 8, 2021 | -3.53% Apr 5, 2010 - Apr 9, 2010 |
| #14 | -10.43% May 14, 2026 - May 26, 2026 | -2.66% Apr 1, 2011 - Apr 8, 2011 |
| #15 | -10.27% Aug 4, 2021 - Sep 3, 2021 | -1.50% Jan 31, 2011 - Feb 10, 2011 |
Correlation
Correlation between ON and CVE is 0.05 which considered as a very weak or no correlation - the stocks move independently of each other.
Select Stocks to Compare
More Comparisons
Compare with similar stocks