EPD vs. HES
EPD (Enterprise Products Partners L.P.) and HES (Hess Corporation) are both stocks. Both are in the Energy sector — EPD in Oil & Gas Midstream, HES in Oil & Gas E&P. At a 0.39 correlation, their price movements are largely independent.
Performance
EPD vs. HES - Performance Comparison
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Returns By Period
EPD
- 1D
- -0.08%
- 1M
- -5.05%
- YTD
- 19.79%
- 6M
- 19.53%
- 1Y
- 24.08%
- 3Y*
- 20.73%
- 5Y*
- 15.96%
- 10Y*
- 10.61%
HES
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EPD vs. HES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EPD Enterprise Products Partners L.P. | 19.79% | 9.45% | 28.00% | 17.71% | 18.32% | 21.40% | -23.61% | 21.88% | -1.32% | 4.24% |
HES Hess Corporation | 0.00% | 12.77% | -6.49% | 2.90% | 94.02% | 42.08% | -19.14% | 67.71% | -13.14% | -22.06% |
Correlation
The correlation between EPD and HES is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 1998 | 0.39 |
Over the past year, the correlation between EPD and HES has dropped to 0.14 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.
Fundamentals
EPD:
$51.57B
HES:
$12.47B
EPD:
$7.31B
HES:
$7.43B
EPD:
$10.11B
HES:
$6.60B
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Return for Risk
EPD vs. HES — Risk / Return Rank
EPD
HES
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EPD vs. HES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enterprise Products Partners L.P. (EPD) 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.
| EPD | HES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | — | — |
| Martin ratioReturn relative to average drawdown | 9.50 | — | — |
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Drawdowns
EPD vs. HES - Drawdown Comparison
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Drawdown Indicators
| EPD | HES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.78% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -7.56% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.04% | — | — |
Current DrawdownCurrent decline from peak | -6.41% | — | — |
Average DrawdownAverage peak-to-trough decline | -10.22% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | — | — |
Volatility
EPD vs. HES - Volatility Comparison
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Volatility by Period
| EPD | HES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.90% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.14% | — | — |
Dividends
EPD vs. HES - Dividend Comparison
EPD's dividend yield for the trailing twelve months is around 5.88%, while HES has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPD Enterprise Products Partners L.P. | 5.88% | 6.74% | 6.63% | 7.51% | 7.79% | 8.20% | 9.09% | 6.23% | 6.97% | 6.29% | 5.88% | 5.90% |
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
EPD vs. HES - Financials Comparison
This section allows you to compare key financial metrics between Enterprise Products Partners L.P. and Hess 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
Frequently Asked Questions
EPD and HES have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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