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). Their 0.20 correlation means their historical movements had little consistent relationship.
Performance
HES vs. NEE - Performance Comparison
Loading charts...
Returns By Period
HES
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NEE
- 1D
- -0.43%
- 1M
- -2.03%
- 6M
- 1.68%
- YTD
- 9.34%
- 1Y
- 26.50%
- 3Y*
- 10.98%
- 5Y*
- 4.33%
- 10Y*
- 13.50%
- ALL TIME*
- 14.31%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $948.87M | $920.47M | $1.04B |
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. | 9.34% | 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 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 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:
$29.02B
HES:
$7.43B
NEE:
$14.68B
HES:
$6.60B
NEE:
$16.73B
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
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 | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.83 | — |
| Martin ratioReturn relative to average drawdown | — | 4.58 | — |
Loading charts...
Drawdowns
HES vs. NEE - Drawdown Comparison
Loading charts...
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 | — | -28.81% | — |
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 | — | -10.93% | — |
Average DrawdownAverage peak-to-trough decline | — | -8.93% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.80% | — |
Volatility
HES vs. NEE - Volatility Comparison
Loading charts...
Volatility by Period
| HES | NEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.00% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.61% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 21.97% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 26.91% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 25.49% | — |
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 2.75%.
| 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. | 2.75% | 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 0.20, 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
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