COP vs. HEI
COP (ConocoPhillips Company) and HEI (HEICO Corporation) are both stocks. COP operates in Oil & Gas E&P (Energy), while HEI operates in Aerospace & Defense (Industrials). Over the past 10 years, COP returned 13.80%/yr vs 25.42%/yr for HEI. At a 0.22 correlation, their price movements are largely independent.
Performance
COP vs. HEI - Performance Comparison
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Returns By Period
In the year-to-date period, COP achieves a 28.95% return, which is significantly higher than HEI's 0.01% return. Over the past 10 years, COP has underperformed HEI with an annualized return of 13.80%, while HEI has yielded a comparatively higher 25.42% annualized return.
COP
- 1D
- 1.49%
- 1M
- 5.18%
- YTD
- 28.95%
- 6M
- 29.96%
- 1Y
- 40.83%
- 3Y*
- 8.10%
- 5Y*
- 18.98%
- 10Y*
- 13.80%
HEI
- 1D
- -2.39%
- 1M
- 10.59%
- YTD
- 0.01%
- 6M
- 2.87%
- 1Y
- 6.72%
- 3Y*
- 25.63%
- 5Y*
- 17.50%
- 10Y*
- 25.42%
COP vs. HEI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 28.95% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
HEI HEICO Corporation | 0.01% | 36.22% | 33.05% | 16.56% | 6.67% | 9.06% | 16.16% | 47.54% | 28.51% | 53.04% |
Correlation
The correlation between COP and HEI is -0.11, 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 | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 1992 | 0.22 |
The correlation between COP and HEI shifts across timeframes, from -0.11 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
COP:
$145.64B
HEI:
$45.63B
COP:
$5.90
HEI:
$5.60
COP:
20.15
HEI:
57.77
COP:
1.16
HEI:
2.60
COP:
2.53
HEI:
9.29
COP:
2.26
HEI:
8.46
COP:
$58.31B
HEI:
$4.91B
COP:
$17.02B
HEI:
$943.00M
COP:
$22.44B
HEI:
$1.12B
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Return for Risk
COP vs. HEI — Risk / Return Rank
COP
HEI
COP vs. HEI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ConocoPhillips Company (COP) 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.
| COP | HEI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.20 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.07 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 0.25 | +2.50 |
| Martin ratioReturn relative to average drawdown | 6.17 | 0.60 | +5.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COP | HEI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 0.21 | +1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.64 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.83 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.51 | -0.29 |
Drawdowns
COP vs. HEI - Drawdown Comparison
The maximum COP drawdown since its inception was -84.55%, which is greater than HEI's maximum drawdown of -75.50%. Use the drawdown chart below to compare losses from any high point for COP and HEI.
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Drawdown Indicators
| COP | HEI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.55% | -75.50% | -9.05% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -27.11% | +12.21% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -27.11% | -9.08% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -27.11% | -9.08% |
Max Drawdown (10Y)Largest decline over 10 years | -70.66% | -57.73% | -12.93% |
Current DrawdownCurrent decline from peak | -10.48% | -9.65% | -0.83% |
Average DrawdownAverage peak-to-trough decline | -25.48% | -19.96% | -5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 11.14% | -4.51% |
Volatility
COP vs. HEI - Volatility Comparison
The current volatility for ConocoPhillips Company (COP) is 7.55%, while HEICO Corporation (HEI) has a volatility of 13.61%. This indicates that COP 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
| COP | HEI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.55% | 13.61% | -6.06% |
Volatility (6M)Calculated over the trailing 6-month period | 22.71% | 27.21% | -4.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.22% | 32.79% | -3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.73% | 27.59% | +5.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.65% | 30.61% | +7.04% |
Dividends
COP vs. HEI - Dividend Comparison
COP's dividend yield for the trailing twelve months is around 2.78%, more than HEI's 0.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.78% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
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
COP vs. HEI - Financials Comparison
This section allows you to compare key financial metrics between ConocoPhillips Company 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
COP vs. HEI - Profitability Comparison
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
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%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
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%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
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
COP and HEI have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEI has higher volatility (13.61%) compared to COP (7.55%). In terms of maximum drawdown, COP dropped -84.55% vs HEI's -75.50%.
COP currently has the higher Sharpe Ratio (1.41 vs 0.21), 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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