GLP vs. TPL
Compare and contrast key facts about Global Partners LP (GLP) and Texas Pacific Land Corporation (TPL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLP or TPL.
Correlation
The correlation between GLP and TPL is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GLP vs. TPL - Performance Comparison
Key characteristics
GLP:
0.69
TPL:
2.50
GLP:
1.13
TPL:
3.34
GLP:
1.14
TPL:
1.47
GLP:
1.01
TPL:
2.46
GLP:
2.68
TPL:
14.16
GLP:
9.10%
TPL:
8.19%
GLP:
35.14%
TPL:
46.48%
GLP:
-81.17%
TPL:
-73.05%
GLP:
-16.11%
TPL:
-34.44%
Fundamentals
GLP:
$1.64B
TPL:
$27.65B
GLP:
$3.31
TPL:
$19.50
GLP:
14.67
TPL:
61.73
GLP:
-0.62
TPL:
0.00
GLP:
$21.52B
TPL:
$686.70M
GLP:
$694.91M
TPL:
$628.80M
GLP:
$405.66M
TPL:
$548.03M
Returns By Period
In the year-to-date period, GLP achieves a 20.59% return, which is significantly lower than TPL's 121.63% return. Over the past 10 years, GLP has underperformed TPL with an annualized return of 14.12%, while TPL has yielded a comparatively higher 40.77% annualized return.
GLP
20.59%
-5.32%
9.68%
23.21%
31.47%
14.12%
TPL
121.63%
-25.16%
52.56%
115.68%
36.91%
40.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GLP vs. TPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Partners LP (GLP) 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.
Dividends
GLP vs. TPL - Dividend Comparison
GLP's dividend yield for the trailing twelve months is around 5.97%, more than TPL's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLP Global Partners LP | 5.97% | 9.92% | 6.93% | 9.68% | 11.30% | 10.14% | 11.51% | 11.09% | 9.52% | 15.57% | 7.67% | 6.61% |
TPL Texas Pacific Land Corporation | 1.54% | 0.83% | 1.37% | 0.88% | 3.58% | 0.77% | 0.75% | 0.30% | 0.10% | 0.22% | 0.23% | 0.81% |
Drawdowns
GLP vs. TPL - Drawdown Comparison
The maximum GLP drawdown since its inception was -81.17%, which is greater than TPL's maximum drawdown of -73.05%. Use the drawdown chart below to compare losses from any high point for GLP and TPL. For additional features, visit the drawdowns tool.
Volatility
GLP vs. TPL - Volatility Comparison
The current volatility for Global Partners LP (GLP) is 11.70%, while Texas Pacific Land Corporation (TPL) has a volatility of 25.05%. This indicates that GLP 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.
Financials
GLP vs. TPL - Financials Comparison
This section allows you to compare key financial metrics between Global Partners LP 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