HAL vs. MEDP
HAL (Halliburton Company) and MEDP (Medpace Holdings, Inc.) are both stocks. HAL operates in Oil & Gas Equipment & Services (Energy), while MEDP operates in Diagnostics & Research (Healthcare). Over the past 5 years, HAL returned 12.63%/yr vs 21.69%/yr for MEDP. At a 0.21 correlation, their price movements are largely independent.
Performance
HAL vs. MEDP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HAL achieves a 41.41% return, which is significantly higher than MEDP's -16.79% return.
HAL
- 1D
- -0.40%
- 1M
- -3.05%
- YTD
- 41.41%
- 6M
- 39.63%
- 1Y
- 84.34%
- 3Y*
- 9.02%
- 5Y*
- 12.63%
- 10Y*
- 0.88%
MEDP
- 1D
- -1.63%
- 1M
- 10.28%
- YTD
- -16.79%
- 6M
- -16.23%
- 1Y
- 53.73%
- 3Y*
- 28.75%
- 5Y*
- 21.69%
- 10Y*
- —
HAL vs. MEDP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HAL Halliburton Company | 41.41% | 7.02% | -23.19% | -6.47% | 74.45% | 21.99% | -21.23% | -4.90% | -44.63% | -8.18% |
MEDP Medpace Holdings, Inc. | -16.79% | 69.05% | 8.38% | 44.31% | -2.40% | 56.35% | 65.60% | 58.81% | 45.97% | 0.53% |
Correlation
The correlation between HAL and MEDP is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2016 | 0.21 |
The correlation between HAL and MEDP shifts across timeframes, from 0.06 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HAL:
$33.22B
MEDP:
$13.54B
HAL:
$1.82
MEDP:
$15.63
HAL:
21.80
MEDP:
29.89
HAL:
3.48
MEDP:
0.90
HAL:
1.51
MEDP:
5.14
HAL:
3.07
MEDP:
22.62
HAL:
$22.17B
MEDP:
$2.68B
HAL:
$3.40B
MEDP:
$778.59M
HAL:
$3.83B
MEDP:
$572.96M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HAL vs. MEDP — Risk / Return Rank
HAL
MEDP
HAL vs. MEDP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Halliburton Company (HAL) and Medpace Holdings, Inc. (MEDP). 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.
| HAL | MEDP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.53 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.32 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 6.47 | 1.48 | +5.00 |
| Martin ratioReturn relative to average drawdown | 16.47 | 3.28 | +13.19 |
Loading charts...
Drawdowns
HAL vs. MEDP - Drawdown Comparison
The maximum HAL drawdown since its inception was -92.99%, which is greater than MEDP's maximum drawdown of -42.87%. Use the drawdown chart below to compare losses from any high point for HAL and MEDP.
Loading charts...
Drawdown Indicators
| HAL | MEDP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.99% | -42.87% | -50.12% |
Max Drawdown (1Y)Largest decline over 1 year | -13.10% | -36.61% | +23.51% |
Max Drawdown (3Y)Largest decline over 3 years | -54.01% | -39.38% | -14.63% |
Max Drawdown (5Y)Largest decline over 5 years | -54.01% | -42.87% | -11.14% |
Max Drawdown (10Y)Largest decline over 10 years | -91.45% | — | — |
Current DrawdownCurrent decline from peak | -32.89% | -24.69% | -8.20% |
Average DrawdownAverage peak-to-trough decline | -39.12% | -12.92% | -26.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.14% | 16.45% | -11.31% |
Volatility
HAL vs. MEDP - Volatility Comparison
Halliburton Company (HAL) has a higher volatility of 9.32% compared to Medpace Holdings, Inc. (MEDP) at 6.83%. This indicates that HAL's price experiences larger fluctuations and is considered to be riskier than MEDP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HAL | MEDP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 6.83% | +2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 24.13% | 37.78% | -13.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.76% | 68.99% | -32.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.18% | 51.61% | -11.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.96% | 49.76% | -3.80% |
Dividends
HAL vs. MEDP - Dividend Comparison
HAL's dividend yield for the trailing twelve months is around 1.72%, while MEDP has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAL Halliburton Company | 1.72% | 2.41% | 2.50% | 1.77% | 1.22% | 0.79% | 1.67% | 2.94% | 2.71% | 1.47% | 1.33% | 2.12% |
MEDP Medpace 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% |
Financials
HAL vs. MEDP - Financials Comparison
This section allows you to compare key financial metrics between Halliburton Company and Medpace Holdings, Inc.. 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
HAL vs. MEDP - Profitability Comparison
HAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a gross profit of 790.00M and revenue of 5.40B. Therefore, the gross margin over that period was 14.6%.
MEDP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Medpace Holdings, Inc. reported a gross profit of 196.33M and revenue of 706.60M. Therefore, the gross margin over that period was 27.8%.
HAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported an operating income of 679.00M and revenue of 5.40B, resulting in an operating margin of 12.6%.
MEDP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Medpace Holdings, Inc. reported an operating income of 141.50M and revenue of 706.60M, resulting in an operating margin of 20.0%.
HAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halliburton Company reported a net income of 461.00M and revenue of 5.40B, resulting in a net margin of 8.5%.
MEDP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Medpace Holdings, Inc. reported a net income of 123.87M and revenue of 706.60M, resulting in a net margin of 17.5%.
Frequently Asked Questions
HAL and MEDP have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HAL has higher volatility (9.32%) compared to MEDP (6.83%). In terms of maximum drawdown, HAL dropped -92.99% vs MEDP's -42.87%.
HAL currently has the higher Sharpe Ratio (2.31 vs 0.78), 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.
Find the right allocation for HAL and MEDP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer