HES vs. NEE
HES (Hess Corporation) and NEE (NextEra Energy, Inc.) are both stocks. HES operates in Oil & Gas E&P (Energy), while NEE operates in Utilities - Regulated Electric (Utilities). At a 0.20 correlation, their price movements are largely independent.
Performance
HES vs. NEE - Performance Comparison
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Returns By Period
HES
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEE
- 1D
- 0.41%
- 1M
- -1.44%
- YTD
- 9.45%
- 6M
- 10.12%
- 1Y
- 26.03%
- 3Y*
- 8.47%
- 5Y*
- 6.28%
- 10Y*
- 13.71%
HES vs. NEE - 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% |
NEE NextEra Energy, Inc. | 9.45% | 15.47% | 21.46% | -25.30% | -8.54% | 23.39% | 30.06% | 42.69% | 14.30% | 34.39% |
Correlation
The correlation between HES and NEE is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2003 | 0.20 |
The correlation between HES and NEE shifts across timeframes, from 0.08 (10 years) to 0.20 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HES:
$12.47B
NEE:
$27.93B
HES:
$7.43B
NEE:
$13.35B
HES:
$6.60B
NEE:
$14.56B
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Return for Risk
HES vs. NEE — Risk / Return Rank
HES
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NEE
HES vs. NEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hess Corporation (HES) and NextEra Energy, Inc. (NEE). 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 | NEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.80 | — |
| Martin ratioReturn relative to average drawdown | — | 4.81 | — |
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Drawdowns
HES vs. NEE - Drawdown Comparison
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Drawdown Indicators
| HES | NEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -47.81% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.53% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.57% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.97% | — |
Current DrawdownCurrent decline from peak | — | -10.84% | — |
Average DrawdownAverage peak-to-trough decline | — | -8.93% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.42% | — |
Volatility
HES vs. NEE - Volatility Comparison
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Volatility by Period
| HES | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 23.59% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 26.91% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 25.50% | — |
Dividends
HES vs. NEE - Dividend Comparison
HES has not paid dividends to shareholders, while NEE's dividend yield for the trailing twelve months is around 2.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HES Hess Corporation | 0.00% | 0.67% | 1.41% | 1.21% | 1.06% | 1.35% | 1.89% | 1.50% | 2.47% | 2.11% | 1.61% | 2.06% |
NEE NextEra Energy, Inc. | 2.99% | 2.82% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% |
Financials
HES vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between Hess Corporation and NextEra Energy, 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
Frequently Asked Questions
HES and NEE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for HES and NEE
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