COR vs. TPL
COR (Cencora Inc.) and TPL (Texas Pacific Land Corporation) are both stocks. COR operates in Medical Distribution (Healthcare), while TPL operates in Oil & Gas E&P (Energy). Over the past 10 years, COR returned 17.47%/yr vs 36.58%/yr for TPL. At a 0.11 correlation, their price movements are largely independent.
Performance
COR vs. TPL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COR achieves a -16.27% return, which is significantly lower than TPL's 32.28% return. Over the past 10 years, COR has underperformed TPL with an annualized return of 17.47%, while TPL has yielded a comparatively higher 36.58% annualized return.
COR
- 1D
- 0.07%
- 1M
- 9.30%
- YTD
- -16.27%
- 6M
- -18.27%
- 1Y
- -3.97%
- 3Y*
- 17.14%
- 5Y*
- 20.65%
- 10Y*
- 17.47%
TPL
- 1D
- 2.53%
- 1M
- -2.32%
- YTD
- 32.28%
- 6M
- 35.91%
- 1Y
- 2.17%
- 3Y*
- 38.06%
- 5Y*
- 18.80%
- 10Y*
- 36.58%
COR vs. TPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | -16.27% | 51.48% | 10.37% | 25.33% | 26.26% | 44.09% | 23.37% | 23.51% | -17.57% | 19.51% |
TPL Texas Pacific Land Corporation | 32.28% | -21.61% | 115.31% | -32.40% | 91.29% | 73.25% | -4.69% | 44.58% | 21.96% | 51.18% |
Correlation
The correlation between COR and TPL is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 1995 | 0.11 |
The correlation between COR and TPL shifts across timeframes, from 0.03 (3 years) to 0.15 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
COR:
$55.03B
TPL:
$26.15B
COR:
$13.07
TPL:
$7.30
COR:
21.55
TPL:
51.93
COR:
10.24
TPL:
2.75
COR:
0.17
TPL:
31.17
COR:
16.20
TPL:
16.81
COR:
$328.68B
TPL:
$839.03M
COR:
$11.66B
TPL:
$625.27M
COR:
$3.64B
TPL:
$690.06M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COR vs. TPL — Risk / Return Rank
COR
TPL
COR vs. TPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cencora Inc. (COR) and Texas Pacific Land Corporation (TPL). 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.
| COR | TPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.06 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 0.13 | -0.25 |
| Martin ratioReturn relative to average drawdown | -0.33 | 0.25 | -0.57 |
Loading charts...
Drawdowns
COR vs. TPL - Drawdown Comparison
The maximum COR drawdown since its inception was -71.01%, roughly equal to the maximum TPL drawdown of -73.05%. Use the drawdown chart below to compare losses from any high point for COR and TPL.
Loading charts...
Drawdown Indicators
| COR | TPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.01% | -73.05% | +2.04% |
Max Drawdown (1Y)Largest decline over 1 year | -32.44% | -31.68% | -0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -32.44% | -52.22% | +19.78% |
Max Drawdown (5Y)Largest decline over 5 years | -32.44% | -52.50% | +20.06% |
Max Drawdown (10Y)Largest decline over 10 years | -32.44% | -65.46% | +33.02% |
Current DrawdownCurrent decline from peak | -24.54% | -33.65% | +9.11% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -27.27% | +13.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.68% | 17.08% | -5.40% |
Volatility
COR vs. TPL - Volatility Comparison
The current volatility for Cencora Inc. (COR) is 6.51%, while Texas Pacific Land Corporation (TPL) has a volatility of 14.23%. This indicates that COR experiences smaller price fluctuations and is considered to be less risky than TPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| COR | TPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 14.23% | -7.72% |
Volatility (6M)Calculated over the trailing 6-month period | 26.93% | 38.06% | -11.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.20% | 46.87% | -16.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.30% | 46.25% | -23.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.48% | 47.10% | -19.62% |
Dividends
COR vs. TPL - Dividend Comparison
COR's dividend yield for the trailing twelve months is around 0.83%, more than TPL's 0.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR Cencora Inc. | 0.83% | 0.67% | 0.93% | 0.96% | 1.13% | 5.13% | 6.74% | 7.48% | 2.07% | 1.61% | 1.77% | 1.17% |
TPL Texas Pacific Land Corporation | 0.60% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 2.20% | 0.22% | 0.55% | 0.30% | 0.10% | 0.22% |
Financials
COR vs. TPL - Financials Comparison
This section allows you to compare key financial metrics between Cencora Inc. and Texas Pacific Land 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
COR vs. TPL - Profitability Comparison
COR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a gross profit of 3.59B and revenue of 78.36B. Therefore, the gross margin over that period was 4.6%.
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a gross profit of 0.00 and revenue of 236.82M. Therefore, the gross margin over that period was 0.0%.
COR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported an operating income of 1.14B and revenue of 78.36B, resulting in an operating margin of 1.5%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported an operating income of 182.33M and revenue of 236.82M, resulting in an operating margin of 77.0%.
COR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cencora Inc. reported a net income of 1.64B and revenue of 78.36B, resulting in a net margin of 2.1%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a net income of 142.90M and revenue of 236.82M, resulting in a net margin of 60.3%.
Frequently Asked Questions
COR and TPL have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPL has higher volatility (14.23%) compared to COR (6.51%). In terms of maximum drawdown, COR dropped -71.01% vs TPL's -73.05%.
TPL currently has the higher Sharpe Ratio (0.09 vs -0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for COR and TPL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer