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HP correlations (Helmerich & Payne, Inc.)

HP 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.)

44.3%

3y weekly

Beta vs S&P 500

0.76

3y weekly

1-year return

+120.8%

price, adjusted

5-year return

+92.0%

price, adjusted

Market cap

$4.2B

latest

Dividend yield

2.42%

trailing

Max drawdown

-64.4%

3y, daily closes

HP over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with HP

Asset		Correlation (3Y)
NBR	Nabors Industries Ltd.	0.80
HAL	Halliburton	0.75
PTEN	Patterson-UTI Energy, Inc.	0.74
XLE	Energy Select Sector SPDR Fund	0.72
OVV	Ovintiv Inc. (DE)	0.70

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from HP.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.30
SBC	SBC Medical Group Holdings Incorporated	-0.27
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.25

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/hp.json

Correlations, diversifiers, beta and volatility for HP, plus one endpoint per pair. API documentation.

ETF		HP weight
IWM	iShares Russell 2000 ETF	0.13%