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ET vs. PAA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ET and PAA is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

ET vs. PAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Transfer LP (ET) and Plains All American Pipeline, L.P. (PAA). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%1,200.00%NovemberDecember2025FebruaryMarchApril
1,032.68%
231.05%
ET
PAA

Key characteristics

Sharpe Ratio

ET:

0.70

PAA:

0.33

Sortino Ratio

ET:

1.08

PAA:

0.61

Omega Ratio

ET:

1.15

PAA:

1.08

Calmar Ratio

ET:

0.74

PAA:

0.21

Martin Ratio

ET:

2.82

PAA:

1.37

Ulcer Index

ET:

6.46%

PAA:

6.50%

Daily Std Dev

ET:

26.00%

PAA:

27.26%

Max Drawdown

ET:

-87.81%

PAA:

-91.99%

Current Drawdown

ET:

-15.88%

PAA:

-32.44%

Fundamentals

Market Cap

ET:

$59.87B

PAA:

$12.87B

EPS

ET:

$1.28

PAA:

$0.73

PE Ratio

ET:

13.63

PAA:

25.04

PEG Ratio

ET:

0.77

PAA:

2.27

PS Ratio

ET:

0.72

PAA:

0.26

PB Ratio

ET:

1.71

PAA:

1.31

Total Revenue (TTM)

ET:

$61.04B

PAA:

$38.13B

Gross Profit (TTM)

ET:

$10.60B

PAA:

$13.13B

EBITDA (TTM)

ET:

$11.63B

PAA:

$1.29B

Returns By Period

In the year-to-date period, ET achieves a -9.48% return, which is significantly lower than PAA's 9.00% return. Over the past 10 years, ET has outperformed PAA with an annualized return of 1.76%, while PAA has yielded a comparatively lower -2.32% annualized return.


ET

YTD

-9.48%

1M

-7.57%

6M

9.83%

1Y

17.78%

5Y*

30.61%

10Y*

1.76%

PAA

YTD

9.00%

1M

-9.01%

6M

12.09%

1Y

9.97%

5Y*

28.17%

10Y*

-2.32%

*Annualized

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Risk-Adjusted Performance

ET vs. PAA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ET
The Risk-Adjusted Performance Rank of ET is 7575
Overall Rank
The Sharpe Ratio Rank of ET is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of ET is 6969
Sortino Ratio Rank
The Omega Ratio Rank of ET is 6969
Omega Ratio Rank
The Calmar Ratio Rank of ET is 8080
Calmar Ratio Rank
The Martin Ratio Rank of ET is 7979
Martin Ratio Rank

PAA
The Risk-Adjusted Performance Rank of PAA is 6161
Overall Rank
The Sharpe Ratio Rank of PAA is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of PAA is 5656
Sortino Ratio Rank
The Omega Ratio Rank of PAA is 5555
Omega Ratio Rank
The Calmar Ratio Rank of PAA is 6262
Calmar Ratio Rank
The Martin Ratio Rank of PAA is 6969
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ET vs. PAA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) and Plains All American Pipeline, L.P. (PAA). 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.


The chart of Sharpe ratio for ET, currently valued at 0.70, compared to the broader market-2.00-1.000.001.002.003.00
ET: 0.70
PAA: 0.33
The chart of Sortino ratio for ET, currently valued at 1.08, compared to the broader market-6.00-4.00-2.000.002.004.00
ET: 1.08
PAA: 0.61
The chart of Omega ratio for ET, currently valued at 1.15, compared to the broader market0.501.001.502.00
ET: 1.15
PAA: 1.08
The chart of Calmar ratio for ET, currently valued at 0.74, compared to the broader market0.001.002.003.004.005.00
ET: 0.74
PAA: 0.21
The chart of Martin ratio for ET, currently valued at 2.82, compared to the broader market-5.000.005.0010.0015.0020.00
ET: 2.82
PAA: 1.37

The current ET Sharpe Ratio is 0.70, which is higher than the PAA Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of ET and PAA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.70
0.33
ET
PAA

Dividends

ET vs. PAA - Dividend Comparison

ET's dividend yield for the trailing twelve months is around 7.37%, more than PAA's 7.29% yield.


TTM20242023202220212020201920182017201620152014
ET
Energy Transfer LP
7.37%6.51%8.96%7.33%7.44%17.28%9.51%9.24%6.66%5.90%7.42%2.61%
PAA
Plains All American Pipeline, L.P.
7.29%7.44%7.06%7.08%7.71%13.11%7.50%5.99%9.45%8.21%11.93%4.97%

Drawdowns

ET vs. PAA - Drawdown Comparison

The maximum ET drawdown since its inception was -87.81%, roughly equal to the maximum PAA drawdown of -91.99%. Use the drawdown chart below to compare losses from any high point for ET and PAA. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-15.88%
-32.44%
ET
PAA

Volatility

ET vs. PAA - Volatility Comparison

Energy Transfer LP (ET) and Plains All American Pipeline, L.P. (PAA) have volatilities of 16.28% and 16.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
16.28%
16.45%
ET
PAA

Financials

ET vs. PAA - Financials Comparison

This section allows you to compare key financial metrics between Energy Transfer LP and Plains All American Pipeline, L.P.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items