AVAH vs. HES

Last updated Jun 13, 2026

AVAH (Aveanna Healthcare Holdings Inc.) and HES (Hess Corporation) are both stocks. AVAH operates in Medical Care Facilities (Healthcare), while HES operates in Oil & Gas E&P (Energy). At a 0.15 correlation, their price movements are largely independent.

Performance

AVAH vs. HES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aveanna Healthcare Holdings Inc. (AVAH) and Hess Corporation (HES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVAH

• 1D: 1.29%
• 1M: -4.70%
• YTD: -13.22%
• 6M: -21.40%
• 1Y: 44.40%
• 3Y*: 72.97%
• 5Y*: -10.99%
• 10Y*: —

HES

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVAH vs. HES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVAH Aveanna Healthcare Holdings Inc.	-13.22%	78.77%	70.52%	243.59%	-89.46%	-38.33%
HES Hess Corporation	0.00%	12.77%	-6.49%	2.90%	94.02%	6.09%

Correlation

The correlation between AVAH and HES is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Apr 28, 2021	0.15

The correlation between AVAH and HES shifts across timeframes, from -0.12 (1 year) to 0.17 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) AVAH : $2.52B HES : $12.47B
Gross Profit (TTM) AVAH : $823.98M HES : $7.43B
EBITDA (TTM) AVAH : $306.37M HES : $6.60B

Return for Risk

AVAH vs. HES — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVAH

AVAH Risk / Return Rank: 65
AVAH Sharpe Ratio Rank: 62
AVAH Sortino Ratio Rank: 70
AVAH Omega Ratio Rank: 68
AVAH Calmar Ratio Rank: 64
AVAH Martin Ratio Rank: 61

HES

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVAH vs. HES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aveanna Healthcare Holdings Inc. (AVAH) and Hess Corporation (HES). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVAH	HES	Difference
Sharpe ratio: Return per unit of total volatility	0.58	—	—
Sortino ratio: Return per unit of downside risk	1.63	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.01	—	—
Martin ratio: Return relative to average drawdown	1.81	—	—

Drawdowns

Drawdown Indicators

	AVAH	HES	Difference
Max Drawdown Largest peak-to-trough decline	-94.76%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-39.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-41.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-94.69%	—	—
Current Drawdown Current decline from peak	-45.00%	—	—
Average Drawdown Average peak-to-trough decline	-63.57%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	21.95%	—	—

Volatility

Volatility by Period

	AVAH	HES	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	68.16%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.16%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.42%	—	—

Dividends

AVAH vs. HES - Dividend Comparison

Neither AVAH nor HES has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVAH Aveanna Healthcare Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HES Hess Corporation	0.34%	0.67%	1.41%	1.21%	1.06%	1.35%	1.89%	1.50%	2.47%	2.11%	1.61%	2.06%

Financials

Frequently Asked Questions

Can I hold both AVAH and HES in my portfolio?

AVAH and HES have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.