HLX vs. AAPL
HLX (Helix Energy Solutions Group, Inc.) and AAPL (Apple Inc) are both stocks. HLX operates in Oil & Gas Equipment & Services (Energy), while AAPL operates in Consumer Electronics (Technology). Over the past 10 years, HLX returned 1.82%/yr vs 29.23%/yr for AAPL. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
HLX vs. AAPL - Performance Comparison
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Returns By Period
In the year-to-date period, HLX achieves a 51.67% return, which is significantly higher than AAPL's 13.84% return. Over the past 10 years, HLX has underperformed AAPL with an annualized return of 1.82%, while AAPL has yielded a comparatively higher 29.23% annualized return.
HLX
- 1D
- 3.37%
- 1M
- 11.36%
- 6M
- 19.77%
- YTD
- 51.67%
- 1Y
- 61.73%
- 3Y*
- -0.14%
- 5Y*
- 18.04%
- 10Y*
- 1.82%
- ALL TIME*
- 2.35%
AAPL
- 1D
- -7.35%
- 1M
- 0.09%
- 6M
- 19.27%
- YTD
- 13.84%
- 1Y
- 53.24%
- 3Y*
- 16.99%
- 5Y*
- 16.79%
- 10Y*
- 29.23%
- ALL TIME*
- 19.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AAPL Apple Inc | $19.18B | $17.68B | $17.20B |
| $13.23M | $12.28M | $14.66M |
HLX vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLX Helix Energy Solutions Group, Inc. | 51.67% | -32.73% | -9.34% | 39.30% | 136.54% | -25.71% | -56.39% | 78.00% | -28.25% | -14.51% |
AAPL Apple Inc | 13.84% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between HLX and AAPL is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1997 | 0.23 |
Over the past year, the correlation between HLX and AAPL has dropped to 0.02 - well below their long-term average of 0.23, suggesting their price drivers have been diverging.
Fundamentals
HLX:
$1.40B
AAPL:
$4.54T
HLX:
$0.10
AAPL:
$8.69
HLX:
97.65
AAPL:
35.54
HLX:
2.17
AAPL:
4.68
HLX:
1.08
AAPL:
9.82
HLX:
0.86
AAPL:
42.38
HLX:
$1.30B
AAPL:
$466.82B
HLX:
$140.43M
AAPL:
$227.12B
HLX:
$178.55M
AAPL:
$168.49B
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Return for Risk
HLX vs. AAPL — Risk / Return Rank
HLX
AAPL
HLX vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Helix Energy Solutions Group, Inc. (HLX) and Apple Inc (AAPL). 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.
| HLX | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.35 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 3.60 | -0.46 |
| Martin ratioReturn relative to average drawdown | 7.00 | 8.56 | -1.56 |
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Drawdowns
HLX vs. AAPL - Drawdown Comparison
The maximum HLX drawdown since its inception was -97.87%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for HLX and AAPL.
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Drawdown Indicators
| HLX | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.87% | -81.80% | -16.07% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -13.80% | -5.54% |
Max Drawdown (3Y)Largest decline over 3 years | -55.54% | -33.36% | -22.18% |
Max Drawdown (5Y)Largest decline over 5 years | -55.54% | -33.36% | -22.18% |
Max Drawdown (10Y)Largest decline over 10 years | -91.46% | -38.52% | -52.94% |
Current DrawdownCurrent decline from peak | -79.70% | -9.17% | -70.53% |
Average DrawdownAverage peak-to-trough decline | -55.33% | -29.52% | -25.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.65% | 5.79% | +2.86% |
Volatility
HLX vs. AAPL - Volatility Comparison
The current volatility for Helix Energy Solutions Group, Inc. (HLX) is 10.37%, while Apple Inc (AAPL) has a volatility of 11.52%. This indicates that HLX experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLX | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.37% | 11.52% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 32.62% | 20.71% | +11.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.49% | 25.91% | +18.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.85% | 28.02% | +22.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.13% | 29.12% | +36.01% |
Dividends
HLX vs. AAPL - Dividend Comparison
HLX has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.34% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
HLX Helix Energy Solutions Group, 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% |
Financials
HLX vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Helix Energy Solutions Group, Inc. and Apple 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
HLX vs. AAPL - Profitability Comparison
HLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Helix Energy Solutions Group, Inc. reported a gross profit of 8.83M and revenue of 287.95M. Therefore, the gross margin over that period was 3.1%.
AAPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Apple Inc reported a gross profit of 54.77B and revenue of 109.42B. Therefore, the gross margin over that period was 50.1%.
HLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Helix Energy Solutions Group, Inc. reported an operating income of -13.32M and revenue of 287.95M, resulting in an operating margin of -4.6%.
AAPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Apple Inc reported an operating income of 35.70B and revenue of 109.42B, resulting in an operating margin of 32.6%.
HLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Helix Energy Solutions Group, Inc. reported a net income of -13.41M and revenue of 287.95M, resulting in a net margin of -4.7%.
AAPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Apple Inc reported a net income of 29.79B and revenue of 109.42B, resulting in a net margin of 27.2%.
Frequently Asked Questions
HLX and AAPL have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (11.52%) compared to HLX (10.37%). In terms of maximum drawdown, HLX dropped -97.87% vs AAPL's -81.80%.
AAPL currently has the higher Sharpe Ratio (1.92 vs 1.37), 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.
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