MUSA vs. HES

Last updated Jun 13, 2026

MUSA (Murphy USA Inc.) and HES (Hess Corporation) are both stocks. MUSA operates in Specialty Retail (Consumer Cyclical), while HES operates in Oil & Gas E&P (Energy). At a 0.19 correlation, their price movements are largely independent.

Performance

MUSA vs. HES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Murphy USA Inc. (MUSA) and Hess Corporation (HES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MUSA

• 1D: 0.07%
• 1M: 8.16%
• YTD: 54.70%
• 6M: 53.60%
• 1Y: 55.66%
• 3Y*: 29.75%
• 5Y*: 35.86%
• 10Y*: 24.92%

HES

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MUSA vs. HES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MUSA Murphy USA Inc.	54.70%	-19.15%	41.27%	28.20%	41.02%	53.33%	12.06%	52.66%	-4.63%	30.73%
HES Hess Corporation	0.00%	12.77%	-6.49%	2.90%	94.02%	42.08%	-19.14%	67.71%	-13.14%	-22.06%

Correlation

The correlation between MUSA and HES is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Aug 19, 2013	0.19

The correlation between MUSA and HES shifts across timeframes, from 0.04 (1 year) to 0.19 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) MUSA : $19.68B HES : $12.47B
Gross Profit (TTM) MUSA : $487.10M HES : $7.43B
EBITDA (TTM) MUSA : $1.06B HES : $6.60B

Return for Risk

MUSA vs. HES — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MUSA

MUSA Risk / Return Rank: 78
MUSA Sharpe Ratio Rank: 80
MUSA Sortino Ratio Rank: 74
MUSA Omega Ratio Rank: 77
MUSA Calmar Ratio Rank: 81
MUSA Martin Ratio Rank: 78

HES

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MUSA vs. HES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Murphy USA Inc. (MUSA) and Hess Corporation (HES). 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.

	MUSA	HES	Difference
Sharpe ratio: Return per unit of total volatility	1.31	—	—
Sortino ratio: Return per unit of downside risk	1.85	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.59	—	—
Martin ratio: Return relative to average drawdown	5.33	—	—

Drawdowns

Drawdown Indicators

	MUSA	HES	Difference
Max Drawdown Largest peak-to-trough decline	-35.54%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-19.72%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-35.54%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.54%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.54%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-9.97%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	9.58%	—	—

Volatility

Volatility by Period

	MUSA	HES	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.13%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.42%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.33%	—	—

Dividends

MUSA vs. HES - Dividend Comparison

MUSA's dividend yield for the trailing twelve months is around 0.39%, while HES has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HES Hess Corporation	0.34%	0.67%	1.41%	1.21%	1.06%	1.35%	1.89%	1.50%	2.47%	2.11%	1.61%	2.06%
MUSA Murphy USA Inc.	0.39%	0.53%	0.36%	0.43%	0.45%	0.52%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MUSA and HES in my portfolio?

MUSA and HES have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.