HPE correlations (Hewlett Packard Enterprise)
Which assets move with HPE and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Information Technology · Technology Hardware, Storage & Peripherals
Volatility (ann.)
43.8%
3y weekly
Beta vs S&P 500
1.47
3y weekly
1-year return
+144.4%
price, adjusted
5-year return
+309.3%
price, adjusted
Market cap
$72.0B
latest
P/E ratio
51.3
trailing
Dividend yield
0.99%
trailing
Max drawdown
-48.4%
3y, daily closes
HPE over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with HPE
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| NTAP | NetApp | 0.60 | |
| HPQ | HP Inc. | 0.53 | |
| DELL | Dell Technologies | 0.53 | |
| MRVL | Marvell Technology | 0.52 | |
| C | Citigroup | 0.52 | |
| XLK | Technology Select Sector SPDR Fund | 0.51 | |
| NBXG | Neuberger Next Generation Connectivity Fund Inc. | 0.51 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.51 | |
| BSTZ | BlackRock Science and Technology Term Trust | 0.50 | |
| FLEX | Flex Ltd. | 0.50 | |
| VTI | Vanguard Total Stock Market ETF | 0.50 | |
| MS | Morgan Stanley | 0.49 | |
| VOO | Vanguard S&P 500 ETF | 0.49 | |
| IVV | iShares Core S&P 500 ETF | 0.48 | |
| SPY | SPDR S&P 500 ETF Trust | 0.48 |
Best diversifiers for HPE
These are the assets whose returns had the least to do with HPE's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.42 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.40 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.34 | |
| LICN | Lichen International Limited - Class A | -0.28 | |
| ALMS | Alumis Inc. | -0.27 | |
| RETO | ReTo Eco-Solutions, Inc. - Class A Shares | -0.25 | |
| AWK | American Water Works | -0.22 | |
| ED | Consolidated Edison | -0.21 | |
| MOH | Molina Healthcare Inc | -0.20 | |
| WTRG | Essential Utilities, Inc. | -0.19 |
HPE vs benchmarks
HPE vs its peers
Get HPE data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/hpe.jsonCorrelations, diversifiers, beta and volatility for HPE, plus one endpoint per pair. API documentation.
HPE inside major ETFs
| ETF | HPE weight | |
|---|---|---|
| XLK | Technology Select Sector SPDR Fund | 0.49% |
| VYM | Vanguard High Dividend Yield ETF | 0.26% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.24% |
| VTV | Vanguard Value ETF | 0.24% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.23% |
| IVV | iShares Core S&P 500 ETF | 0.11% |
| SPY | SPDR S&P 500 ETF Trust | 0.11% |
| VOO | Vanguard S&P 500 ETF | 0.1% |
| VTI | Vanguard Total Stock Market ETF | 0.09% |
| ACWI | iShares MSCI ACWI ETF | 0.07% |
