HEI vs. CEG
HEI (HEICO Corporation) and CEG (Constellation Energy Corp) are both stocks. HEI operates in Aerospace & Defense (Industrials), while CEG operates in Utilities - Renewable (Utilities). Over the past 3 years, HEI returned 26.36%/yr vs 40.06%/yr for CEG. At a 0.33 correlation, their price movements are largely independent.
Performance
HEI vs. CEG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HEI achieves a 2.52% return, which is significantly higher than CEG's -27.96% return.
HEI
- 1D
- -2.24%
- 1M
- 13.64%
- YTD
- 2.52%
- 6M
- 6.84%
- 1Y
- 9.12%
- 3Y*
- 26.36%
- 5Y*
- 18.39%
- 10Y*
- 25.98%
CEG
- 1D
- 2.86%
- 1M
- -7.54%
- YTD
- -27.96%
- 6M
- -27.70%
- 1Y
- -15.08%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
HEI vs. CEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HEI HEICO Corporation | 2.52% | 36.22% | 33.05% | 16.56% | 12.22% |
CEG Constellation Energy Corp | -27.96% | 58.80% | 92.71% | 37.24% | 73.87% |
Correlation
The correlation between HEI and CEG is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.33 |
Fundamentals
HEI:
$46.77B
CEG:
$89.83B
HEI:
$5.60
CEG:
$8.13
HEI:
59.22
CEG:
31.23
HEI:
2.67
CEG:
0.54
HEI:
9.52
CEG:
3.31
HEI:
8.68
CEG:
2.68
HEI:
$4.91B
CEG:
$24.82B
HEI:
$943.00M
CEG:
$20.98B
HEI:
$1.12B
CEG:
$5.87B
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
HEI vs. CEG — Risk / Return Rank
HEI
CEG
HEI vs. CEG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI) and Constellation Energy Corp (CEG). 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.
| HEI | CEG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.98 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | -0.38 | +0.72 |
| Martin ratioReturn relative to average drawdown | 0.82 | -0.78 | +1.60 |
Loading charts...
Drawdowns
HEI vs. CEG - Drawdown Comparison
The maximum HEI drawdown since its inception was -75.50%, which is greater than CEG's maximum drawdown of -50.70%. Use the drawdown chart below to compare losses from any high point for HEI and CEG.
Loading charts...
Drawdown Indicators
| HEI | CEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.50% | -50.70% | -24.80% |
Max Drawdown (1Y)Largest decline over 1 year | -27.11% | -39.77% | +12.66% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -50.70% | +23.59% |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.73% | — | — |
Current DrawdownCurrent decline from peak | -7.38% | -36.93% | +29.55% |
Average DrawdownAverage peak-to-trough decline | -19.95% | -11.67% | -8.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.18% | 19.38% | -8.20% |
Volatility
HEI vs. CEG - Volatility Comparison
HEICO Corporation (HEI) and Constellation Energy Corp (CEG) have volatilities of 14.84% and 15.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HEI | CEG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.84% | 15.26% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 27.73% | 37.72% | -9.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.32% | 46.66% | -13.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.71% | 49.38% | -21.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.65% | 49.38% | -18.73% |
Dividends
HEI vs. CEG - Dividend Comparison
HEI's dividend yield for the trailing twelve months is around 0.07%, less than CEG's 0.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.64% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
HEI vs. CEG - Financials Comparison
This section allows you to compare key financial metrics between HEICO Corporation and Constellation Energy Corp. 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
HEI vs. CEG - Profitability Comparison
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%.
CEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported a gross profit of 2.48B and revenue of 6.07B. Therefore, the gross margin over that period was 40.8%.
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%.
CEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported an operating income of 598.00M and revenue of 6.07B, resulting in an operating margin of 9.9%.
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%.
CEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported a net income of 432.00M and revenue of 6.07B, resulting in a net margin of 7.1%.
Frequently Asked Questions
HEI and CEG have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (15.26%) compared to HEI (14.84%). In terms of maximum drawdown, HEI dropped -75.50% vs CEG's -50.70%.
HEI currently has the higher Sharpe Ratio (0.27 vs -0.32), 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 HEI and CEG
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