WMB vs. HES
WMB (The Williams Companies, Inc.) and HES (Hess Corporation) are both stocks. Both are in the Energy sector — WMB in Oil & Gas Midstream, HES in Oil & Gas E&P. At a 0.41 correlation, their price movements are largely independent.
Performance
WMB vs. HES - Performance Comparison
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Returns By Period
WMB
- 1D
- 1.39%
- 1M
- -6.54%
- YTD
- 21.67%
- 6M
- 22.42%
- 1Y
- 24.40%
- 3Y*
- 38.58%
- 5Y*
- 26.67%
- 10Y*
- 19.28%
HES
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WMB vs. HES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMB The Williams Companies, Inc. | 21.67% | 14.91% | 62.35% | 11.86% | 32.83% | 38.36% | -8.20% | 14.18% | -23.88% | 2.02% |
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 WMB and HES is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 1983 | 0.41 |
The correlation between WMB and HES shifts across timeframes, from -0.01 (1 year) to 0.55 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
WMB:
$11.92B
HES:
$12.47B
WMB:
$7.49B
HES:
$7.43B
WMB:
$6.88B
HES:
$6.60B
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Return for Risk
WMB vs. HES — Risk / Return Rank
WMB
HES
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
WMB vs. HES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Williams Companies, Inc. (WMB) 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.
| WMB | HES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.20 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | — | — |
| Martin ratioReturn relative to average drawdown | 4.27 | — | — |
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Drawdowns
WMB vs. HES - Drawdown Comparison
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Drawdown Indicators
| WMB | HES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.03% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.08% | — | — |
Current DrawdownCurrent decline from peak | -8.55% | — | — |
Average DrawdownAverage peak-to-trough decline | -27.07% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.82% | — | — |
Volatility
WMB vs. HES - Volatility Comparison
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Volatility by Period
| WMB | HES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.00% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.62% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.95% | — | — |
Dividends
WMB vs. HES - Dividend Comparison
WMB's dividend yield for the trailing twelve months is around 3.54%, 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% |
WMB The Williams Companies, Inc. | 2.84% | 3.33% | 3.51% | 5.14% | 5.17% | 6.30% | 7.98% | 6.41% | 6.17% | 3.94% | 5.39% | 9.53% |
Financials
WMB vs. HES - Financials Comparison
This section allows you to compare key financial metrics between The Williams Companies, Inc. and Hess Corporation. 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
WMB and HES have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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