HES vs. ENPH

Last updated Apr 1, 2026

Compare and contrast key facts about Hess Corporation (HES) and Enphase Energy, Inc. (ENPH).

Performance

HES vs. ENPH - Performance Comparison

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

HES vs. ENPH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HES Hess Corporation	0.00%	12.77%	-6.49%	2.90%	94.02%	42.08%	-19.14%	67.71%	-13.14%	-22.06%
ENPH Enphase Energy, Inc.	17.97%	-53.33%	-48.02%	-50.13%	44.83%	4.26%	571.53%	452.43%	96.27%	138.61%

Fundamentals

Total Revenue (TTM) HES : $12.47B ENPH : $1.47B
Gross Profit (TTM) HES : $7.43B ENPH : $687.00M
EBITDA (TTM) HES : $6.60B ENPH : $250.47M

Returns By Period

HES

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

ENPH

• 1D: 6.09%
• 1M: -10.55%
• YTD: 17.97%
• 6M: 6.84%
• 1Y: -39.07%
• 3Y*: -43.56%
• 5Y*: -25.31%
• 10Y*: 31.80%

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

Return for Risk

HES vs. ENPH — Risk / Return Rank

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

ENPH

ENPH Risk / Return Rank: 23
ENPH Sharpe Ratio Rank: 21
ENPH Sortino Ratio Rank: 24
ENPH Omega Ratio Rank: 24
ENPH Calmar Ratio Rank: 20
ENPH Martin Ratio Rank: 25

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. ENPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hess Corporation (HES) and Enphase Energy, Inc. (ENPH). 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.

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

Sharpe Ratios by Period

	HES	ENPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.47	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.16	—

Correlation

The correlation between HES and ENPH is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HES vs. ENPH - Dividend Comparison

HES's dividend yield for the trailing twelve months is around 0.34%, while ENPH has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
ENPH Enphase Energy, 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%

Drawdowns

Drawdown Indicators

	HES	ENPH	Difference
Max Drawdown Largest peak-to-trough decline	—	-95.97%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-58.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-92.23%	—
Current Drawdown Current decline from peak	—	-88.75%	—
Average Drawdown Average peak-to-trough decline	—	-50.06%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	38.75%	—

Volatility

Volatility by Period

	HES	ENPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	82.78%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	68.17%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	77.54%	—

Financials