HP vs. VOO
HP (Helmerich & Payne, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, HP returned -1.39%/yr vs 15.61%/yr for VOO. At a 0.44 correlation, their price movements are largely independent.
Performance
HP vs. VOO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HP achieves a 25.84% return, which is significantly higher than VOO's 8.19% return. Over the past 10 years, HP has underperformed VOO with an annualized return of -1.39%, while VOO has yielded a comparatively higher 15.61% annualized return.
HP
- 1D
- 0.39%
- 1M
- -10.76%
- YTD
- 25.84%
- 6M
- 28.48%
- 1Y
- 125.83%
- 3Y*
- 6.25%
- 5Y*
- 4.87%
- 10Y*
- -1.39%
VOO
- 1D
- -1.42%
- 1M
- -1.34%
- YTD
- 8.19%
- 6M
- 7.24%
- 1Y
- 23.69%
- 3Y*
- 20.78%
- 5Y*
- 13.13%
- 10Y*
- 15.61%
HP vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HP Helmerich & Payne, Inc. | 25.84% | -6.27% | -7.83% | -23.21% | 115.23% | 6.19% | -44.28% | 0.49% | -22.58% | -12.25% |
VOO Vanguard S&P 500 ETF | 8.19% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between HP and VOO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.44 |
Over the past year, the correlation between HP and VOO has dropped to 0.13 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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
HP vs. VOO — Risk / Return Rank
HP
VOO
HP vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Helmerich & Payne, Inc. (HP) and Vanguard S&P 500 ETF (VOO). 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.
| HP | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.35 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 8.01 | 2.67 | +5.34 |
| Martin ratioReturn relative to average drawdown | 25.11 | 11.96 | +13.15 |
Loading charts...
Drawdowns
HP vs. VOO - Drawdown Comparison
The maximum HP drawdown since its inception was -85.78%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HP and VOO.
Loading charts...
Drawdown Indicators
| HP | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.78% | -33.99% | -51.79% |
Max Drawdown (1Y)Largest decline over 1 year | -15.80% | -8.90% | -6.90% |
Max Drawdown (3Y)Largest decline over 3 years | -64.42% | -18.69% | -45.73% |
Max Drawdown (5Y)Largest decline over 5 years | -68.47% | -24.52% | -43.95% |
Max Drawdown (10Y)Largest decline over 10 years | -81.87% | -33.99% | -47.88% |
Current DrawdownCurrent decline from peak | -47.21% | -3.14% | -44.07% |
Average DrawdownAverage peak-to-trough decline | -42.06% | -3.68% | -38.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.07% | 1.99% | +3.08% |
Volatility
HP vs. VOO - Volatility Comparison
Helmerich & Payne, Inc. (HP) has a higher volatility of 13.04% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that HP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HP | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 4.83% | +8.21% |
Volatility (6M)Calculated over the trailing 6-month period | 28.62% | 9.82% | +18.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.57% | 12.46% | +31.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.44% | 16.91% | +31.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.36% | 18.02% | +33.34% |
Dividends
HP vs. VOO - Dividend Comparison
HP's dividend yield for the trailing twelve months is around 2.81%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HP Helmerich & Payne, Inc. | 2.81% | 3.49% | 4.72% | 5.18% | 2.49% | 4.22% | 8.29% | 6.25% | 5.88% | 4.33% | 3.59% | 5.14% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
HP and VOO 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.
HP has higher volatility (13.04%) compared to VOO (4.83%). In terms of maximum drawdown, HP dropped -85.78% vs VOO's -33.99%.
HP currently has the higher Sharpe Ratio (2.92 vs 1.91), 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.
Find the right allocation for HP and VOO
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