HLX vs. MVO
HLX (Helix Energy Solutions Group, Inc.) and MVO (MV Oil Trust) are both stocks. Both are in the Energy sector — HLX in Oil & Gas Equipment & Services, MVO in Oil & Gas E&P. Over the past 10 years, HLX returned 1.82%/yr vs 3.28%/yr for MVO. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
HLX vs. MVO - Performance Comparison
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Returns By Period
In the year-to-date period, HLX achieves a 51.67% return, which is significantly lower than MVO's 90.68% return. Over the past 10 years, HLX has underperformed MVO with an annualized return of 1.82%, while MVO has yielded a comparatively higher 3.28% 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%
MVO
- 1D
- 0.00%
- 1M
- 24.92%
- 6M
- 43.85%
- YTD
- 90.68%
- 1Y
- -56.37%
- 3Y*
- -35.28%
- 5Y*
- -9.24%
- 10Y*
- 3.28%
- ALL TIME*
- 0.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.23M | $12.28M | $14.66M | |
MVO MV Oil Trust | $197.49K | $403.62K | $333.85K |
HLX vs. MVO - 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% |
MVO MV Oil Trust | 90.68% | -82.24% | -22.69% | -18.19% | 123.83% | 225.88% | -44.46% | 2.30% | -4.24% | 51.17% |
Correlation
The correlation between HLX and MVO is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2007 | 0.34 |
Over the past year, the correlation between HLX and MVO has dropped to 0.13 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
HLX:
$1.40B
MVO:
$6.85M
HLX:
$0.10
MVO:
$1.00
HLX:
97.65
MVO:
0.60
HLX:
2.17
MVO:
0.04
HLX:
1.08
MVO:
0.55
HLX:
$1.30B
MVO:
$8.31M
HLX:
$140.43M
MVO:
$8.29M
HLX:
$178.55M
MVO:
$7.65M
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Return for Risk
HLX vs. MVO — Risk / Return Rank
HLX
MVO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HLX vs. MVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Helix Energy Solutions Group, Inc. (HLX) and MV Oil Trust (MVO). 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 | MVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.14 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | -0.68 | +3.81 |
| Martin ratioReturn relative to average drawdown | 7.00 | -1.02 | +8.02 |
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Drawdowns
HLX vs. MVO - Drawdown Comparison
The maximum HLX drawdown since its inception was -97.87%, which is greater than MVO's maximum drawdown of -92.18%. Use the drawdown chart below to compare losses from any high point for HLX and MVO.
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Drawdown Indicators
| HLX | MVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.87% | -92.18% | -5.69% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -85.51% | +66.17% |
Max Drawdown (3Y)Largest decline over 3 years | -55.54% | -91.39% | +35.85% |
Max Drawdown (5Y)Largest decline over 5 years | -55.54% | -92.18% | +36.64% |
Max Drawdown (10Y)Largest decline over 10 years | -91.46% | -92.18% | +0.72% |
Current DrawdownCurrent decline from peak | -79.70% | -78.58% | -1.12% |
Average DrawdownAverage peak-to-trough decline | -55.33% | -41.43% | -13.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.65% | 56.57% | -47.92% |
Volatility
HLX vs. MVO - Volatility Comparison
The current volatility for Helix Energy Solutions Group, Inc. (HLX) is 10.37%, while MV Oil Trust (MVO) has a volatility of 128.68%. This indicates that HLX experiences smaller price fluctuations and is considered to be less risky than MVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLX | MVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.37% | 128.68% | -118.31% |
Volatility (6M)Calculated over the trailing 6-month period | 32.62% | 149.47% | -116.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.49% | 221.47% | -176.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.85% | 108.19% | -57.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.13% | 88.03% | -22.90% |
Dividends
HLX vs. MVO - Dividend Comparison
Neither HLX nor MVO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MVO MV Oil Trust | 186.20% | 72.98% | 19.12% | 12.15% | 13.59% | 11.16% | 15.71% | 16.75% | 20.29% | 8.57% | 6.42% | 26.18% |
Financials
HLX vs. MVO - Financials Comparison
This section allows you to compare key financial metrics between Helix Energy Solutions Group, Inc. and MV Oil Trust. 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
HLX and MVO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MVO has higher volatility (128.68%) compared to HLX (10.37%). In terms of maximum drawdown, HLX dropped -97.87% vs MVO's -92.18%.
HLX currently has the higher Sharpe Ratio (1.37 vs -0.26), 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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