HES vs. AVAH

Last updated Jun 13, 2026

HES (Hess Corporation) and AVAH (Aveanna Healthcare Holdings Inc.) are both stocks. HES operates in Oil & Gas E&P (Energy), while AVAH operates in Medical Care Facilities (Healthcare). At a 0.15 correlation, their price movements are largely independent.

Performance

HES vs. AVAH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hess Corporation (HES) and Aveanna Healthcare Holdings Inc. (AVAH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HES

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVAH

• 1D: 1.29%
• 1M: -4.70%
• YTD: -13.22%
• 6M: -21.40%
• 1Y: 44.40%
• 3Y*: 72.97%
• 5Y*: -10.99%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HES vs. AVAH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HES Hess Corporation	0.00%	12.77%	-6.49%	2.90%	94.02%	6.09%
AVAH Aveanna Healthcare Holdings Inc.	-13.22%	78.77%	70.52%	243.59%	-89.46%	-38.33%

Correlation

The correlation between HES and AVAH is -0.12, 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	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Apr 28, 2021	0.15

The correlation between HES and AVAH shifts across timeframes, from -0.12 (1 year) to 0.17 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) HES : $12.47B AVAH : $2.52B
Gross Profit (TTM) HES : $7.43B AVAH : $823.98M
EBITDA (TTM) HES : $6.60B AVAH : $306.37M

Return for Risk

HES vs. AVAH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HES

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AVAH

AVAH Risk / Return Rank: 65
AVAH Sharpe Ratio Rank: 62
AVAH Sortino Ratio Rank: 70
AVAH Omega Ratio Rank: 68
AVAH Calmar Ratio Rank: 64
AVAH Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HES vs. AVAH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hess Corporation (HES) and Aveanna Healthcare Holdings Inc. (AVAH). 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.

	HES	AVAH	Difference
Sharpe ratio: Return per unit of total volatility	—	0.58	—
Sortino ratio: Return per unit of downside risk	—	1.63	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.01	—
Martin ratio: Return relative to average drawdown	—	1.81	—

Drawdowns

Drawdown Indicators

	HES	AVAH	Difference
Max Drawdown Largest peak-to-trough decline	—	-94.76%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-39.44%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-41.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-94.69%	—
Current Drawdown Current decline from peak	—	-45.00%	—
Average Drawdown Average peak-to-trough decline	—	-63.57%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.95%	—

Volatility

Volatility by Period

	HES	AVAH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	68.16%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	78.16%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	77.42%	—

Dividends

HES vs. AVAH - Dividend Comparison

Neither HES nor AVAH has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVAH Aveanna Healthcare 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%
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

Frequently Asked Questions

Can I hold both HES and AVAH in my portfolio?

HES and AVAH have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.