BX vs. HEI
BX (Blackstone Inc.) and HEI (HEICO Corporation) are both stocks. BX operates in Asset Management (Financial Services), while HEI operates in Aerospace & Defense (Industrials). Over the past 10 years, BX returned 22.59%/yr vs 25.98%/yr for HEI. At a 0.38 correlation, their price movements are largely independent.
Performance
BX vs. HEI - Performance Comparison
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Returns By Period
In the year-to-date period, BX achieves a -18.67% return, which is significantly lower than HEI's 2.52% return. Over the past 10 years, BX has underperformed HEI with an annualized return of 22.59%, while HEI has yielded a comparatively higher 25.98% annualized return.
BX
- 1D
- 1.58%
- 1M
- 4.16%
- YTD
- -18.67%
- 6M
- -17.07%
- 1Y
- -6.72%
- 3Y*
- 14.11%
- 5Y*
- 8.83%
- 10Y*
- 22.59%
HEI
- 1D
- -2.24%
- 1M
- 14.81%
- YTD
- 2.52%
- 6M
- 6.84%
- 1Y
- 8.63%
- 3Y*
- 26.36%
- 5Y*
- 18.39%
- 10Y*
- 25.98%
BX vs. HEI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | -18.67% | -7.84% | 35.07% | 82.75% | -40.01% | 107.11% | 19.78% | 96.33% | 0.10% | 27.34% |
HEI HEICO Corporation | 2.52% | 36.22% | 33.05% | 16.56% | 6.67% | 9.06% | 16.16% | 47.54% | 28.51% | 53.04% |
Correlation
The correlation between BX and HEI is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2007 | 0.38 |
The correlation between BX and HEI shifts across timeframes, from 0.19 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BX:
$96.22B
HEI:
$46.77B
BX:
$3.90
HEI:
$5.60
BX:
31.45
HEI:
59.22
BX:
11.56
HEI:
2.67
BX:
6.41
HEI:
9.52
BX:
11.50
HEI:
8.68
BX:
$14.99B
HEI:
$4.91B
BX:
$13.12B
HEI:
$943.00M
BX:
$7.37B
HEI:
$1.12B
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Return for Risk
BX vs. HEI — Risk / Return Rank
BX
HEI
BX vs. HEI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Inc. (BX) and HEICO Corporation (HEI). 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.
| BX | HEI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.08 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 0.34 | -0.55 |
| Martin ratioReturn relative to average drawdown | -0.40 | 0.82 | -1.22 |
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Drawdowns
BX vs. HEI - Drawdown Comparison
The maximum BX drawdown since its inception was -88.09%, which is greater than HEI's maximum drawdown of -75.50%. Use the drawdown chart below to compare losses from any high point for BX and HEI.
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Drawdown Indicators
| BX | HEI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.09% | -75.50% | -12.59% |
Max Drawdown (1Y)Largest decline over 1 year | -44.76% | -27.11% | -17.65% |
Max Drawdown (3Y)Largest decline over 3 years | -46.50% | -27.11% | -19.39% |
Max Drawdown (5Y)Largest decline over 5 years | -49.29% | -27.11% | -22.18% |
Max Drawdown (10Y)Largest decline over 10 years | -49.29% | -57.73% | +8.44% |
Current DrawdownCurrent decline from peak | -35.07% | -7.38% | -27.69% |
Average DrawdownAverage peak-to-trough decline | -26.39% | -19.95% | -6.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.20% | 11.18% | +13.02% |
Volatility
BX vs. HEI - Volatility Comparison
The current volatility for Blackstone Inc. (BX) is 12.67%, while HEICO Corporation (HEI) has a volatility of 14.84%. This indicates that BX experiences smaller price fluctuations and is considered to be less risky than HEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BX | HEI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 14.84% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 28.51% | 27.73% | +0.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.98% | 33.32% | +1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.41% | 27.71% | +11.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.79% | 30.65% | +5.14% |
Dividends
BX vs. HEI - Dividend Comparison
BX's dividend yield for the trailing twelve months is around 4.05%, more than HEI's 0.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | 4.05% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
HEI HEICO Corporation | 0.07% | 0.07% | 0.09% | 0.11% | 0.12% | 0.12% | 0.12% | 0.12% | 0.14% | 0.08% | 0.22% | 0.28% |
Financials
BX vs. HEI - Financials Comparison
This section allows you to compare key financial metrics between Blackstone Inc. and HEICO Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BX vs. HEI - Profitability Comparison
BX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a gross profit of 4.04B and revenue of 4.10B. Therefore, the gross margin over that period was 98.5%.
HEI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a gross profit of -454.96M and revenue of 1.38B. Therefore, the gross margin over that period was -33.1%.
BX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported an operating income of 1.59B and revenue of 4.10B, resulting in an operating margin of 38.8%.
HEI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported an operating income of 350.44M and revenue of 1.38B, resulting in an operating margin of 25.5%.
BX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a net income of 649.73M and revenue of 4.10B, resulting in a net margin of 15.8%.
HEI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a net income of 233.80M and revenue of 1.38B, resulting in a net margin of 17.0%.
Frequently Asked Questions
BX and HEI have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEI has higher volatility (14.84%) compared to BX (12.67%). In terms of maximum drawdown, BX dropped -88.09% vs HEI's -75.50%.
HEI currently has the higher Sharpe Ratio (0.27 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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