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KEY.TO vs. PPL.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

KEY.TO vs. PPL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Keyera Corp. (KEY.TO) and Pembina Pipeline Corporation (PPL.TO). The values are adjusted to include any dividend payments, if applicable.

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KEY.TO vs. PPL.TO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
KEY.TO
Keyera Corp.
20.55%5.61%47.74%18.18%13.34%38.37%-25.07%42.73%-23.29%-8.60%
PPL.TO
Pembina Pipeline Corporation
17.56%3.76%25.16%7.89%28.42%42.17%-29.26%24.75%-6.28%13.75%

Fundamentals

Market Cap

KEY.TO:

CA$12.04B

PPL.TO:

CA$35.36B

EPS

KEY.TO:

CA$1.89

PPL.TO:

CA$2.91

PE Ratio

KEY.TO:

27.84

PPL.TO:

20.88

PEG Ratio

KEY.TO:

3.78

PPL.TO:

0.80

PS Ratio

KEY.TO:

1.76

PPL.TO:

4.52

PB Ratio

KEY.TO:

4.35

PPL.TO:

2.35

Total Revenue (TTM)

KEY.TO:

CA$6.86B

PPL.TO:

CA$7.82B

Gross Profit (TTM)

KEY.TO:

CA$2.64B

PPL.TO:

CA$3.01B

EBITDA (TTM)

KEY.TO:

CA$1.21B

PPL.TO:

CA$3.50B

Returns By Period

In the year-to-date period, KEY.TO achieves a 20.55% return, which is significantly higher than PPL.TO's 17.56% return. Over the past 10 years, KEY.TO has underperformed PPL.TO with an annualized return of 10.61%, while PPL.TO has yielded a comparatively higher 13.64% annualized return.


KEY.TO

1D
-2.42%
1M
0.82%
YTD
20.55%
6M
15.23%
1Y
21.68%
3Y*
29.51%
5Y*
23.77%
10Y*
10.61%

PPL.TO

1D
-2.42%
1M
-0.11%
YTD
17.56%
6M
11.89%
1Y
10.39%
3Y*
19.23%
5Y*
19.12%
10Y*
13.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

KEY.TO vs. PPL.TO — Risk / Return Rank

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

KEY.TO
KEY.TO Risk / Return Rank: 6868
Overall Rank
KEY.TO Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
KEY.TO Sortino Ratio Rank: 6666
Sortino Ratio Rank
KEY.TO Omega Ratio Rank: 6565
Omega Ratio Rank
KEY.TO Calmar Ratio Rank: 6969
Calmar Ratio Rank
KEY.TO Martin Ratio Rank: 7070
Martin Ratio Rank

PPL.TO
PPL.TO Risk / Return Rank: 5454
Overall Rank
PPL.TO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
PPL.TO Sortino Ratio Rank: 4848
Sortino Ratio Rank
PPL.TO Omega Ratio Rank: 5050
Omega Ratio Rank
PPL.TO Calmar Ratio Rank: 5757
Calmar Ratio Rank
PPL.TO Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KEY.TO vs. PPL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Keyera Corp. (KEY.TO) and Pembina Pipeline Corporation (PPL.TO). 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.


KEY.TOPPL.TODifference

Sharpe ratio

Return per unit of total volatility

1.00

0.51

+0.49

Sortino ratio

Return per unit of downside risk

1.45

0.76

+0.69

Omega ratio

Gain probability vs. loss probability

1.19

1.11

+0.08

Calmar ratio

Return relative to maximum drawdown

1.41

0.70

+0.72

Martin ratio

Return relative to average drawdown

3.64

1.23

+2.40

KEY.TO vs. PPL.TO - Sharpe Ratio Comparison

The current KEY.TO Sharpe Ratio is 1.00, which is higher than the PPL.TO Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of KEY.TO and PPL.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


KEY.TOPPL.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

0.51

+0.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.16

1.05

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.35

0.44

-0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

0.58

+0.09

Correlation

The correlation between KEY.TO and PPL.TO is 0.45, 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.


Dividends

KEY.TO vs. PPL.TO - Dividend Comparison

KEY.TO's dividend yield for the trailing twelve months is around 4.08%, less than PPL.TO's 4.67% yield.


TTM20252024202320222021202020192018201720162015
KEY.TO
Keyera Corp.
4.08%5.28%6.51%8.68%9.16%9.36%11.76%7.52%6.70%4.66%3.81%3.51%
PPL.TO
Pembina Pipeline Corporation
4.67%5.39%7.09%7.93%6.97%10.89%13.89%4.90%5.53%4.48%4.53%5.98%

Drawdowns

KEY.TO vs. PPL.TO - Drawdown Comparison

The maximum KEY.TO drawdown since its inception was -72.36%, which is greater than PPL.TO's maximum drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for KEY.TO and PPL.TO.


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Drawdown Indicators


KEY.TOPPL.TODifference

Max Drawdown

Largest peak-to-trough decline

-72.36%

-68.48%

-3.88%

Max Drawdown (1Y)

Largest decline over 1 year

-16.25%

-15.97%

-0.28%

Max Drawdown (5Y)

Largest decline over 5 years

-19.61%

-19.27%

-0.34%

Max Drawdown (10Y)

Largest decline over 10 years

-70.75%

-68.48%

-2.27%

Current Drawdown

Current decline from peak

-3.49%

-4.42%

+0.93%

Average Drawdown

Average peak-to-trough decline

-10.88%

-8.76%

-2.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.32%

9.06%

-2.74%

Volatility

KEY.TO vs. PPL.TO - Volatility Comparison

Keyera Corp. (KEY.TO) and Pembina Pipeline Corporation (PPL.TO) have volatilities of 4.23% and 4.37%, 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.


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Volatility by Period


KEY.TOPPL.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.23%

4.37%

-0.14%

Volatility (6M)

Calculated over the trailing 6-month period

14.95%

13.80%

+1.15%

Volatility (1Y)

Calculated over the trailing 1-year period

21.82%

20.62%

+1.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.52%

18.40%

+2.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.09%

30.82%

-0.73%

Financials

KEY.TO vs. PPL.TO - Financials Comparison

This section allows you to compare key financial metrics between Keyera Corp. and Pembina Pipeline 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.


Quarterly
Annual

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


1.00B1.50B2.00B2.50B3.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
1.70B
1.96B
(KEY.TO) Total Revenue
(PPL.TO) Total Revenue
Values in CAD except per share items

KEY.TO vs. PPL.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Keyera Corp. and Pembina Pipeline Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%40.0%60.0%80.0%100.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
100.0%
34.7%
Portfolio components
KEY.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Keyera Corp. reported a gross profit of 1.70B and revenue of 1.70B. Therefore, the gross margin over that period was 100.0%.

PPL.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Pembina Pipeline Corporation reported a gross profit of 678.00M and revenue of 1.96B. Therefore, the gross margin over that period was 34.7%.

KEY.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Keyera Corp. reported an operating income of 0.00 and revenue of 1.70B, resulting in an operating margin of 0.0%.

PPL.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Pembina Pipeline Corporation reported an operating income of 572.00M and revenue of 1.96B, resulting in an operating margin of 29.2%.

KEY.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Keyera Corp. reported a net income of 90.27M and revenue of 1.70B, resulting in a net margin of 5.3%.

PPL.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Pembina Pipeline Corporation reported a net income of 489.00M and revenue of 1.96B, resulting in a net margin of 25.0%.