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WES vs. HESM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between WES and HESM is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

WES vs. HESM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Western Midstream Partners, LP (WES) and Hess Midstream LP (HESM). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
63.05%
172.22%
WES
HESM

Key characteristics

Sharpe Ratio

WES:

0.72

HESM:

0.74

Sortino Ratio

WES:

1.10

HESM:

1.07

Omega Ratio

WES:

1.14

HESM:

1.15

Calmar Ratio

WES:

1.17

HESM:

0.93

Martin Ratio

WES:

3.24

HESM:

3.38

Ulcer Index

WES:

6.00%

HESM:

5.39%

Daily Std Dev

WES:

27.24%

HESM:

24.84%

Max Drawdown

WES:

-93.66%

HESM:

-75.16%

Current Drawdown

WES:

-7.52%

HESM:

-11.62%

Fundamentals

Market Cap

WES:

$14.94B

HESM:

$8.89B

EPS

WES:

$4.02

HESM:

$2.49

PE Ratio

WES:

9.66

HESM:

15.57

PEG Ratio

WES:

5.48

HESM:

1.57

PS Ratio

WES:

4.14

HESM:

5.94

PB Ratio

WES:

4.62

HESM:

8.53

Total Revenue (TTM)

WES:

$2.72B

HESM:

$1.14B

Gross Profit (TTM)

WES:

$1.78B

HESM:

$809.20M

EBITDA (TTM)

WES:

$1.72B

HESM:

$861.60M

Returns By Period

In the year-to-date period, WES achieves a 3.21% return, which is significantly lower than HESM's 6.51% return.


WES

YTD

3.21%

1M

-5.43%

6M

5.66%

1Y

18.56%

5Y*

52.62%

10Y*

2.32%

HESM

YTD

6.51%

1M

-8.47%

6M

13.36%

1Y

19.66%

5Y*

28.40%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

WES vs. HESM — Risk-Adjusted Performance Rank

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

WES
The Risk-Adjusted Performance Rank of WES is 7676
Overall Rank
The Sharpe Ratio Rank of WES is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of WES is 6969
Sortino Ratio Rank
The Omega Ratio Rank of WES is 6767
Omega Ratio Rank
The Calmar Ratio Rank of WES is 8787
Calmar Ratio Rank
The Martin Ratio Rank of WES is 8181
Martin Ratio Rank

HESM
The Risk-Adjusted Performance Rank of HESM is 7676
Overall Rank
The Sharpe Ratio Rank of HESM is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of HESM is 6868
Sortino Ratio Rank
The Omega Ratio Rank of HESM is 6969
Omega Ratio Rank
The Calmar Ratio Rank of HESM is 8383
Calmar Ratio Rank
The Martin Ratio Rank of HESM is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WES vs. HESM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Western Midstream Partners, LP (WES) and Hess Midstream LP (HESM). 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.


The chart of Sharpe ratio for WES, currently valued at 0.72, compared to the broader market-2.00-1.000.001.002.003.00
WES: 0.72
HESM: 0.74
The chart of Sortino ratio for WES, currently valued at 1.10, compared to the broader market-6.00-4.00-2.000.002.004.00
WES: 1.10
HESM: 1.07
The chart of Omega ratio for WES, currently valued at 1.14, compared to the broader market0.501.001.502.00
WES: 1.14
HESM: 1.15
The chart of Calmar ratio for WES, currently valued at 1.17, compared to the broader market0.001.002.003.004.005.00
WES: 1.17
HESM: 0.93
The chart of Martin ratio for WES, currently valued at 3.24, compared to the broader market-5.000.005.0010.0015.0020.00
WES: 3.24
HESM: 3.38

The current WES Sharpe Ratio is 0.72, which is comparable to the HESM Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of WES and HESM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.72
0.74
WES
HESM

Dividends

WES vs. HESM - Dividend Comparison

WES's dividend yield for the trailing twelve months is around 9.02%, more than HESM's 6.98% yield.


TTM20242023202220212020201920182017201620152014
WES
Western Midstream Partners, LP
9.02%8.33%8.52%6.80%5.69%11.25%12.45%8.28%5.44%4.04%3.86%1.73%
HESM
Hess Midstream LP
6.98%7.12%7.50%7.30%6.93%8.86%6.89%8.00%2.93%0.00%0.00%0.00%

Drawdowns

WES vs. HESM - Drawdown Comparison

The maximum WES drawdown since its inception was -93.66%, which is greater than HESM's maximum drawdown of -75.16%. Use the drawdown chart below to compare losses from any high point for WES and HESM. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.52%
-11.62%
WES
HESM

Volatility

WES vs. HESM - Volatility Comparison

The current volatility for Western Midstream Partners, LP (WES) is 14.03%, while Hess Midstream LP (HESM) has a volatility of 14.83%. This indicates that WES experiences smaller price fluctuations and is considered to be less risky than HESM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
14.03%
14.83%
WES
HESM

Financials

WES vs. HESM - Financials Comparison

This section allows you to compare key financial metrics between Western Midstream Partners, LP and Hess Midstream LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items