HESM correlations (Hess Midstream LP Class A Representing Limited Partner)
HESM measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · US Listed
Volatility (ann.)
21.7%
3y weekly
Beta vs S&P 500
0.36
3y weekly
1-year return
+4.6%
price, adjusted
5-year return
+131.3%
price, adjusted
Market cap
$8.2B
latest
P/E ratio
13.8
trailing
Dividend yield
7.70%
trailing
Max drawdown
-25.8%
3y, daily closes
HESM over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with HESM
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| MLPB | ETRACS Alerian MLP Infrastructure Index ETN Series B due | 0.81 | |
| AMUB | ETRACS Alerian MLP Index ETN Series B due July 18, 2042 | 0.80 | |
| ATMP | iPath Select MLP ETN | 0.77 | |
| PAGP | Plains GP Holdings, L.P. - Class A Shares representing | 0.67 | |
| NML | Neuberger Energy Infrastructure and Income Fund Inc. | 0.65 |
Best diversifiers for HESM
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from HESM.
HESM vs benchmarks
Get HESM data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/hesm.jsonCorrelations, diversifiers, beta and volatility for HESM, plus one endpoint per pair. API documentation.