Chevron (CVX) stock vs the S&P 500 and energy stocks
As of 2 October 2026, Chevron (CVX) is among the strongest stocks we track. It is well ahead of the S&P 500 and ahead of energy stocks as a group (XLE) over the past three months.
Where Chevron stands now
As of 2 October 2026, Chevron is still ahead of the S&P 500 over three months, but it gave back ground over the past month.
Inside its group, CVX leads: it is ahead of energy stocks (XLE) over both the past month and three months. As a group, energy stocks are losing ground to the S&P 500 right now. The group is in transition, so the stock's place inside it matters more than usual.
Chevron is 18.1% of XLE, a weight large enough to drive the fund. It sits in 3 of the sector and theme funds Zensei tracks. The thing to watch is whether the lead holds as the longer windows catch up; leaders that keep their recent edge tend to stay in front.
CVX vs the S&P 500: returns
Chevron and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
CVX against energy stocks, in depth
See the size of the gap between Chevron and energy stocks (XLE) over every window, its momentum and its relative strength, and where it sits among energy stocks.
See the full analysisWhich ETFs hold Chevron?
3 funds that Zensei tracks hold CVX, by weight. The fund with the largest weight is its sector on this page.
Chevron competitors
The largest other holdings of Energy Select Sector SPDR (XLE), with their return over the past month.
Chevron stock: common questions
Is Chevron stock beating the S&P 500?
As of 2 October 2026, Chevron (CVX) is down 2.1% over the past month. The S&P 500 is up 1.3% over the same month. Over three months, the stock is up 23.2% and the S&P 500 is up 3.6%.
Which ETFs hold Chevron?
As of 2 October 2026, 3 funds that Zensei tracks hold CVX. Its largest weight is in Energy Select Sector SPDR (XLE), at 18.1%. It is also in SPDR S&P Oil & Gas Exploration & Production ETF (XOP, 2.7%), SPDR S&P Global Natural Resources ETF (GNR, 2.6%).
Who are Chevron's competitors?
As of 2 October 2026, the largest other holdings of Energy Select Sector SPDR (XLE) are ExxonMobil (XOM), Conocophillips (COP), Valero Energy Corp (VLO), Marathon Petroleum Corp (MPC), Phillips 66 (PSX). These are the stocks Chevron sits next to among energy stocks.
Is Chevron doing better than other energy stocks?
As of 2 October 2026, Chevron (CVX) is ahead of energy stocks as a group (XLE) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Track Chevron against energy stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.