# How EOG Resources (EOG) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/eog
> Data as of October 20, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on EOG alone. It places EOG (EOG Resources, Inc.) against 19 popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where EOG stands in the market, and of the alternatives worth a closer look.

Period covered: EOG's full trading record, from October 1989 through September 2026. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** Over the past 6 months, EOG rose 24.0% against 9.1% for the S&P 500 and 11.2% for the Nasdaq 100. Its exploration & production peers were far apart over the past 6 months, from OVV (Ovintiv, up 32.8%) to FANG (Diamondback Energy, up 11.6%).
- **Stock or market?:** Not a move of its own: the exploration & production ETF XOP (State Street SPDR S&P Oil & Gas Exploration & Production ETF) rose 18.1% over the past 3 months, with COP (ConocoPhillips, up 27.0%) and OXY (Occidental Petroleum, up 14.5%), against 3.9% for the S&P 500. Last month cut against the tape: EOG rose 12.4% while the S&P 500 fell 0.6%.
- **Past 1 to 3 years:** EOG has run far ahead of the market, rising 53.1% over the past year against 15.8% for the S&P 500 and 17.9% for the Nasdaq 100. That said, the last two calendar years both went the same way: EOG fell 11.4% in 2025, against 15.8% for the S&P 500 and 17.9% for the Nasdaq 100.
- **Long term:** EOG turned $10,000 into $23,100 over the past decade, against $42,100 in the S&P 500. That said, the past 5 years have been the better stretch: EOG rose 115% against 81.7% for the S&P 500, after trailing over the decade.
- **In a crash:** Across seven sell-offs, EOG has typically fallen 1.7 times as far as the S&P 500. In the Covid crash, EOG fell 61.5%, against 33.7% for the S&P 500. That was more than REPX (Riley Exploration Permian, 33.4%) but less than OXY (Occidental Petroleum, 76.8%).
- **Diversification:** Against the S&P 500, EOG has a correlation of 0.19 over 5 years, less closely than 87% of stocks worth at least $300 million. Next to an index fund it is a real diversifier. EOG's link to the S&P 500 has loosened: a correlation of 0.19 over the past 5 years, down from 0.69 in the 5 years before.
- **Better options**
  - **Popular alternatives:** XOM (Exxonmobil) and WMB (Williams Companies) earned more than EOG with less volatility over the past 5 years. XOM returned 27.1% a year at 26.5% volatility, against 16.6% a year at 32.3%.
  - **Nearby categories and themes:** CVX (Chevron, integrated oil & gas) and E (Eni S.p.A., integrated oil & gas) earned more than EOG with less volatility over the past 5 years. CVX returned 19.5% a year at 25.2% volatility, against 16.6% a year at 32.3%.
  - **Whole market:** 140 of the 3,633 stocks and funds worth at least $500 million earned more than EOG with less volatility over the past 5 years, among them AAPL (Apple), WMT (Walmart) and XOM (Exxonmobil).

## How much would $10,000 in EOG have grown?

This chart tracks a hypothetical $10,000 investment in EOG over the past 29 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of EOG over the same span and EOG's popular alternatives, among those that traded for the entire period.

- $10,000 invested in EOG at the end of September 1997 would have grown to $380,118 by September 2026, more than the $132,907 it would have become in SPY, an S&P 500 fund.
- Five of the eight other investments on the chart ended ahead of EOG, and VLO finished highest, at $1,019,941.

## EOG at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- EOG's deepest decline since it began trading in 1989 was 77.1%, from October 2018 to March 2020. It took 24 months from the low to climb back to its old high.
- EOG is trading within 1% of its all-time high.
- Over 29 full calendar years, EOG's best was 2000, when it returned 212%, and its worst was 2020, when it lost 38.6%. It lost money in 12 of those years.

- Type: Stock, Energy (Oil & Gas Exploration & Production)
- Trading since: October 4, 1989
- Market value: $83B
- Volatility (5 years): 32.3%; Sharpe ratio: 0.64
- Worst decline ever: −77.1%, from October 9, 2018 to March 18, 2020; back at its high by March 7, 2022

| Period | EOG total return |
| --- | --- |
| 1 month | +12.4% |
| 3 months | +12.7% |
| 6 months | +24.0% |
| year to date | +51.9% |
| 1 year | +53.1% |
| 3 years | +31.9% |
| 5 years | +115% |
| 10 years | +131% |

## EOG against the whole market

Where EOG ranks among every stock and fund, and what across the market has done better.

### How does EOG rank among all stocks?

This section ranks EOG on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- EOG's 1-year return ranks in the top 15% of the 3,287 stocks worth at least $300 million with 1 year of history.

| Measure | EOG | Rank |
| --- | --- | --- |
| 1-year return | +53.1% | 508 of 3,287 (top 16%) |
| 3-year return | +31.9% | 1,824 of 3,017 (top 61%) |
| 5-year return | +115% | 604 of 2,893 (top 21%) |
| 10-year return | +131% | 1,176 of 2,202 (top 54%) |
| Volatility, 5 years | 32.3% | 937 of 2,893 (top 33%) |
| Sharpe ratio, 5 years | 0.64 | 591 of 2,893 (top 21%) |
| Worst decline, past 10 years | −77.1% | 1,534 of 2,187 (top 71%) |

### What has beaten EOG on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer).

- 99 stocks and 41 ETFs worth at least $500 million sit in the green region: each earned more than EOG over the past 5 years with smaller price swings. That is 4% of the 3,633 screened.
- Among those with at least half EOG's swings, CAH has the best return for its risk: 42.1% a year at 24.7% volatility, 23% less than EOG's 32.3%, and a Sharpe ratio (return above cash per unit of volatility) of 1.55 against 0.64 for EOG.
- Among EOG's popular alternatives, XOM and WMB are in the region. XOM earned 27.1% a year against 16.6% a year for EOG, at 26.5% volatility, 18% less than EOG's 32.3%.

### Is there a better investment than EOG?

The table below lists investments that beat EOG over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes.

- Among EOG's popular alternatives, XOM and WMB earned more than EOG with less volatility over the past 5 years. XOM returned 27.1% a year at 26.5% volatility, against 16.6% a year at 32.3%.
- Looking beyond its popular alternatives, CVX (integrated oil & gas) and E (integrated oil & gas) earned more than EOG with less volatility over the past 5 years. CVX returned 19.5% a year at 25.2% volatility, against 16.6% a year at 32.3%.
- Across the whole market, 140 of the 3,633 stocks and funds worth at least $500 million earned more than EOG with less volatility over the past 5 years, among them AAPL, WMT and XOM.

The 15 strongest of 140 investments that beat EOG over the past 5 years, out of 3,633 stocks and funds worth at least $500 million.

| Investment | Group | Annual return (5 years) | Volatility | Sharpe | Worst decline (10 years) | 10Y return | Correlation with EOG | Better on |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| EOG: EOG Resources, Inc. (this page) |  | +16.6% | 32.3% | 0.64 | −77.1% | +131% |  |  |
| [CAH](https://easycompare.io/research/cah): Cardinal Health, Inc. | Health Care Distribution | +42.1% | 24.7% | 1.55 | −46.1% | +349% | 0.12 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [ABBV](https://easycompare.io/research/abbv): AbbVie Inc. | Pharmaceuticals | +26.1% | 23.4% | 1.11 | −45.1% | +603% | 0.10 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [AMGN](https://easycompare.io/research/amgn): Amgen Inc. | Biotechnology | +19.6% | 24.9% | 0.85 | −24.9% | +266% | 0.31 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [XLE](https://easycompare.io/research/xle): State Street Energy Select Sector SPDR ETF | Energy Equity | +22.6% | 25.5% | 0.93 | −66.8% | +189% | 0.89 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [CVX](https://easycompare.io/research/cvx): Chevron Corporation | Integrated Oil & Gas | +19.5% | 25.2% | 0.84 | −55.8% | +238% | 0.76 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [XOM](https://easycompare.io/research/xom): Exxonmobil Holdings Corporation | Integrated Oil & Gas | +27.1% | 26.5% | 1.04 | −61.0% | +214% | 0.79 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| NEU: NewMarket Corporation | Specialty Chemicals | +21.0% | 26.8% | 0.85 | −40.7% | +165% | 0.07 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| NHC: National HealthCare Corporation | Medical - Care Facilities | +32.0% | 28.5% | 1.12 | −35.3% | +394% | 0.00 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| IXC: iShares Global Energy ETF | International | +20.7% | 23.2% | 0.93 | −64.2% | +183% | 0.89 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| BWFG: Bankwell Financial Group, Inc. | Banks - Regional | +20.1% | 28.5% | 0.79 | −64.7% | +240% | 0.25 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods; Smaller losses in recent crashes |
| [WMT](https://easycompare.io/research/wmt): Walmart Inc. | Discount Retail | +20.8% | 22.6% | 0.96 | −25.7% | +508% | 0.10 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Smaller losses in recent crashes |
| DXJ: WisdomTree Japan Hedged Equity Fund | International Equity | +26.6% | 19.1% | 1.34 | −39.1% | +428% | 0.11 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Smaller losses in recent crashes |
| [PM](https://easycompare.io/research/pm): Philip Morris International Inc. | Tobacco | +21.0% | 23.4% | 0.94 | −42.9% | +242% | 0.33 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Smaller losses in recent crashes |
| EWT: iShares MSCI Taiwan ETF | International Equity | +20.4% | 24.2% | 0.89 | −38.9% | +468% | -0.04 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |
| [E](https://easycompare.io/research/e): Eni S.p.A. | Integrated Oil & Gas | +23.0% | 25.6% | 0.94 | −61.4% | +278% | 0.77 | Higher return, lower volatility; Higher Sharpe, smaller worst decline; Higher return in most periods |

## EOG against its popular alternatives

The investments people most often weigh against EOG, compared period by period and year by year.

### How do EOG's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings.

- Only XOM and WMB were both more rewarding and calmer than EOG over the past 5 years, earning a higher annual return with lower volatility.
- Ten of the 18 popular alternatives earned less than EOG over the past 5 years while swinging more, the weaker corner of the map.
- Over the past 5 years, EOG returned 16.6% a year, more than the S&P 500's 12.7%, with higher volatility (32.3% against 17.1%).

### Has EOG consistently beaten its popular alternatives?

This section compares EOG with the investments people most often weigh against it, checking each one over eight periods from one month to ten years.

- Four of the 19 popular alternatives, led by REPX, VLO and COP, outperformed EOG in at least 3 of 5 short-term and 2 of 3 long-term timeframes.
- REPX and VLO outperformed EOG in every long-term period and in all but one short-term period, the most consistent record in the group.
- VLO, XOM and WMB earned more for the risk they took than EOG (a higher Sharpe ratio) and fell less in their worst decline of the past 10 years.

| Investment | 1Y return | 3Y return | 5Y return | 10Y return | Periods ahead of EOG | Verdict | Sharpe |
| --- | --- | --- | --- | --- | --- | --- | --- |
| EOG: EOG Resources, Inc. (this page) | +53.1% | +31.9% | +115% | +131% |  |  | 0.64 |
| REPX: Riley Exploration Permian, Inc. | +86.4% | +79.5% | +133% | +403% | 5/5 short-term, 3/3 long-term | all-weather | 0.58 |
| [VLO](https://easycompare.io/research/vlo): Valero Energy Corporation | +176% | +259% | +524% | +1,061% | 4/5 short-term, 3/3 long-term | all-weather | 1.18 |
| [COP](https://easycompare.io/research/cop): ConocoPhillips | +72.9% | +28.5% | +131% | +379% | 5/5 short-term, 2/3 long-term | consistent | 0.68 |
| PR: Permian Resources Corporation | +108% | +86.6% | +317% | +99.2% | 5/5 short-term, 2/3 long-term | consistent | 0.85 |
| [XOM](https://easycompare.io/research/xom): Exxonmobil Holdings Corporation | +62.4% | +76.7% | +232% | +214% | 2/5 short-term, 3/3 long-term |  | 1.04 |
| [WMB](https://easycompare.io/research/wmb): The Williams Companies, Inc. | +14.9% | +125% | +200% | +288% | 0/5 short-term, 3/3 long-term |  | 1.04 |
| [FANG](https://easycompare.io/research/fang): Diamondback Energy, Inc. | +46.8% | +35.7% | +125% | +160% | 0/5 short-term, 3/3 long-term |  | 0.63 |
| OVV: Ovintiv Inc. | +98.3% | +52.5% | +99.6% | +56.0% | 5/5 short-term, 1/3 long-term |  | 0.54 |
| MTDR: Matador Resources Company | +36.6% | −5.3% | +39.7% | +168% | 0/5 short-term, 1/3 long-term |  | 0.38 |
| APA: APA Corporation | +130% | +31.9% | +111% | +0.9% | 5/5 short-term, 0/3 long-term |  | 0.56 |
| SM: SM Energy Company | +88.7% | −1.4% | +39.5% | +123% | 4/5 short-term, 0/3 long-term |  | 0.39 |
| MUR: Murphy Oil Corporation | +62.7% | +2.9% | +74.9% | +109% | 3/5 short-term, 0/3 long-term |  | 0.48 |
| CHRD: Chord Energy Corporation | +77.0% | +4.9% | +117% | — | 3/5 short-term, 0/3 long-term |  | 0.59 |
| CRGY: Crescent Energy Company | +73.9% | +26.7% | — | — | 3/5 short-term, 0/3 long-term |  | — |
| [DVN](https://easycompare.io/research/dvn): Devon Energy Corporation | +61.8% | +15.0% | +56.0% | +69.6% | 2/5 short-term, 0/3 long-term |  | 0.42 |
| [OXY](https://easycompare.io/research/oxy): Occidental Petroleum Corporation | +56.4% | +2.0% | +103% | +11.6% | 2/5 short-term, 0/3 long-term |  | 0.56 |
| HAL: Halliburton Company | +51.5% | −14.7% | +39.8% | −17.1% | 0/5 short-term, 0/3 long-term |  | 0.37 |
| [SLB](https://easycompare.io/research/slb): Slb N.V. | +53.2% | −7.2% | +60.7% | −21.3% | 0/5 short-term, 0/3 long-term |  | 0.44 |
| MGY: Magnolia Oil & Gas Corporation | +14.0% | +18.4% | +35.9% | — | 0/5 short-term, 0/3 long-term |  | 0.35 |

### How did EOG do year by year?

This table shows each investment's total return in every full calendar year since 1997, along with where EOG ranked among its popular alternatives each year.

- EOG finished ahead of the S&P 500 in 13 of its 29 full calendar years, and behind it in each of the last three.
- Among its popular alternatives, FANG came out ahead of EOG most often, in ten of the 13 years both traded.
- Ranked against its popular alternatives each year, EOG finished in the top quarter in seven of 29 years and in the bottom quarter in five. In 2025, it ranked 14 of 20.

| Year | EOG | SPY |
| --- | --- | --- |
| 2025 | −11.4% | +17.7% |
| 2024 | +4.3% | +24.9% |
| 2023 | −2.0% | +26.2% |
| 2022 | +56.9% | −18.2% |
| 2021 | +88.6% | +28.7% |
| 2020 | −38.6% | +18.3% |
| 2019 | −2.8% | +31.2% |
| 2018 | −18.7% | −4.6% |
| 2017 | +7.5% | +21.7% |
| 2016 | +44.0% | +12.0% |

## Risk and diversification

How EOG has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were EOG's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of EOG's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: EOG fell 56.6% from July 1996 to December 1998, while the S&P 500 rose 78.8%.
- The slowest recovery came after EOG fell 68.0% from May 2008 to March 2009; it did not regain that peak until July 2013, four years later.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −77.1% | October 9, 2018 | March 18, 2020 | March 7, 2022 | −14.4% | late-2018 sell-off |
| −68.0% | May 20, 2008 | March 2, 2009 | July 5, 2013 | −49.3% | 2008 financial crisis |
| −56.6% | July 10, 1996 | December 14, 1998 | May 12, 2000 | +78.8% |  |
| −52.7% | December 28, 2000 | September 26, 2001 | June 15, 2004 | −23.5% | dot-com bust |
| −48.3% | June 20, 2014 | January 20, 2016 | January 11, 2018 | −2.3% | 2015 China and oil sell-off |

### How did EOG do in stock market crashes?

This section measures how far EOG, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000.

- EOG fell further than the S&P 500 in nine of the ten crashes it has traded through. The clearest case was the Covid crash, when EOG fell 61.5% and the S&P 500 fell 33.7%.
- Among its popular alternatives, XOM held up best, falling less than EOG in all ten crashes they both traded through.

| Crash | Dates | EOG fall | SPY fall |
| --- | --- | --- | --- |
| Dot-com bust | March 10, 2000 to October 9, 2002 | −52.7% | −47.5% |
| Global financial crisis | October 9, 2007 to March 9, 2009 | −68.0% | −55.2% |
| Flash crash | May 6, 2010 to May 7, 2010 | −1.5% | −1.5% |
| Euro debt crisis | July 22, 2011 to October 3, 2011 | −35.8% | −17.9% |
| China devaluation & oil rout | August 10, 2015 to February 11, 2016 | −31.7% | −12.8% |
| Volmageddon | February 2, 2018 to February 9, 2018 | −11.3% | −6.5% |
| Q4 2018 selloff | September 21, 2018 to December 24, 2018 | −37.3% | −19.3% |
| COVID crash | February 19, 2020 to March 23, 2020 | −61.5% | −33.7% |
| 2022 bear market | January 4, 2022 to October 12, 2022 | −33.4% | −24.5% |
| SVB / regional bank stress | March 8, 2023 to March 13, 2023 | −7.4% | −3.4% |

### How closely does EOG move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell.

- WMB took just 78% of the S&P 500's losses, against 135% for EOG, while still keeping 85% of its gains.
- Over the past 10 years, EOG captured 92% of the S&P 500's gains in rising months and 135% of its losses in falling months, with a beta of 1.17. Its share of the market's losses was larger than its share of the gains.
- Six of the 16 popular alternatives had a higher capture ratio (upside capture divided by downside capture) than EOG's 0.69, led by VLO, WMB and REPX.

Measured over the past 10 years of monthly returns against SPY.

| Investment | Upside capture | Downside capture | Beta |
| --- | --- | --- | --- |
| EOG: EOG Resources, Inc. (this page) | 92.0% | 135% | 1.17 |
| REPX: Riley Exploration Permian, Inc. | 89.0% | 85.0% | 1.14 |
| [VLO](https://easycompare.io/research/vlo): Valero Energy Corporation | 142% | 114% | 1.31 |
| [COP](https://easycompare.io/research/cop): ConocoPhillips | 94.0% | 92.0% | 0.91 |
| PR: Permian Resources Corporation | 139% | 234% | 3.38 |
| [XOM](https://easycompare.io/research/xom): Exxonmobil Holdings Corporation | 78.0% | 83.0% | 0.76 |
| [WMB](https://easycompare.io/research/wmb): The Williams Companies, Inc. | 85.0% | 78.0% | 1.02 |
| [FANG](https://easycompare.io/research/fang): Diamondback Energy, Inc. | 108% | 148% | 1.54 |
| OVV: Ovintiv Inc. | 131% | 228% | 2.14 |
| MTDR: Matador Resources Company | 156% | 239% | 2.70 |
| APA: APA Corporation | 124% | 246% | 2.54 |
| SM: SM Energy Company | 154% | 244% | 3.21 |
| MUR: Murphy Oil Corporation | 138% | 225% | 1.79 |
| [DVN](https://easycompare.io/research/dvn): Devon Energy Corporation | 118% | 199% | 1.80 |
| [OXY](https://easycompare.io/research/oxy): Occidental Petroleum Corporation | 80.0% | 155% | 1.24 |
| HAL: Halliburton Company | 113% | 225% | 1.75 |
| [SLB](https://easycompare.io/research/slb): Slb N.V. | 104% | 212% | 1.54 |

### What diversifies EOG?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions).

- Moving a fifth of the money in EOG into GLD would have cut the portfolio's volatility by 19% over the past 5 years and raised its annual return (+16.8% for EOG alone, +18.1% for the mix).
- FIX made money in nine of the 12 calendar years in which EOG lost money.
- Among large ETFs, LVHI, DXJ and SMH have moved largely independently of EOG over the past 5 years, with correlations of 0.46 or lower, and each still earned a positive 5-year return.

| Investment | Correlation with EOG | 5Y return | Volatility | Sharpe | Rose in EOG's 12 down years |
| --- | --- | --- | --- | --- | --- |
| LVHI: Franklin International Low Volatility High Dividend Index ETF | 0.46 | +119% | 11.1% | 1.48 | 3 of 12 |
| DXJ: WisdomTree Japan Hedged Equity Fund | 0.11 | +225% | 19.1% | 1.34 | 5 of 12 |
| [SMH](https://easycompare.io/research/smh): VanEck Semiconductor ETF | -0.10 | +323% | 36.9% | 0.97 | 5 of 12 |
| DBEF: Xtrackers MSCI EAFE Hedged Equity ETF | 0.20 | +85.0% | 13.8% | 0.96 | 5 of 12 |
| [GLD](https://easycompare.io/research/gld): SPDR Gold Shares | -0.01 | +126% | 18.9% | 0.96 | 7 of 12 |
| SPMO: Invesco S&P 500 Momentum ETF | 0.06 | +136% | 20.8% | 0.93 | 4 of 12 |
| DFIV: Dimensional - International Value ETF | 0.45 | +99.4% | 16.4% | 0.93 | 2 of 12 |
| [VTV](https://easycompare.io/research/vtv): Vanguard Morningstar Value ETF | 0.46 | +76.6% | 13.7% | 0.90 | 6 of 12 |

## Common questions

### What was EOG's worst drawdown?

EOG's deepest decline since it began trading in 1989 was 77.1%, from October 2018 to March 2020. It took 24 months from the low to climb back to its old high.

### What were EOG's best and worst years?

Over 29 full calendar years, EOG's best year was 2000, when it returned 212%. Its worst was 2020, with a return of -38.6%.

### Is there a better investment than EOG?

Among EOG's popular alternatives, XOM and WMB earned more than EOG with less volatility over the past 5 years. XOM returned 27.1% a year at 26.5% volatility, against 16.6% a year at 32.3%. Looking beyond its popular alternatives, CVX (integrated oil & gas) and E (integrated oil & gas) earned more than EOG with less volatility over the past 5 years. CVX returned 19.5% a year at 25.2% volatility, against 16.6% a year at 32.3%.

### Is EOG more volatile than the S&P 500?

Yes. EOG's volatility over the past 5 years was 32.3%, 1.9 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, EOG's return lands within 32.3% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

### What is EOG's Sharpe ratio?

EOG's Sharpe ratio over the past 5 years was 0.64, against 0.79 for the S&P 500, so EOG earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

### How correlated is EOG with the S&P 500?

Over the past 5 years, EOG's monthly returns had a correlation of 0.19 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They are only loosely linked, which makes it a real diversifier next to an index fund. In the table, the correlation column measures each option against EOG instead: the lower it is, the more that option would diversify a EOG holding.

### What are the best alternatives to EOG?

Of the 19 popular alternatives we compared, four outperformed EOG in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: REPX, VLO and COP.

### Did EOG outperform the S&P 500?

EOG finished ahead of the S&P 500 (SPY) in 13 of 29 full calendar years. In 2025, it returned -11.4%, against +17.7% for the index.

### How did EOG do in stock market crashes?

EOG fell less than the S&P 500 (SPY) in none of the ten major crashes it has traded through, and further in nine. The clearest case was the Covid crash, when EOG fell 61.5% and the S&P 500 fell 33.7%.

### What diversifies EOG?

These had a low correlation with EOG over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.46), DXJ (correlation 0.11) and SMH (correlation -0.10); among large stocks, CAH (correlation 0.12), CLS (correlation 0.11) and FIX (correlation 0.06). A correlation near zero means the two have moved largely independently.

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## Explore further

- Full page with charts: https://easycompare.io/research/eog
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against EOG live: https://betterthanspy.com/?b=EOG&utm_source=easycompare&utm_medium=research