MLP vs. PSX

Last updated Jun 3, 2026

MLP (Maui Land & Pineapple Company, Inc.) and PSX (Phillips 66) are both stocks. MLP operates in Real Estate - Services (Real Estate), while PSX operates in Oil & Gas Refining & Marketing (Energy). Over the past 10 years, MLP returned 10.04%/yr vs 12.75%/yr for PSX. At a 0.14 correlation, their price movements are largely independent.

Performance

MLP vs. PSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Maui Land & Pineapple Company, Inc. (MLP) and Phillips 66 (PSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLP achieves a -2.89% return, which is significantly lower than PSX's 43.67% return. Over the past 10 years, MLP has underperformed PSX with an annualized return of 10.04%, while PSX has yielded a comparatively higher 12.75% annualized return.

MLP

• 1D: -0.54%
• 1M: 6.40%
• YTD: -2.89%
• 6M: 3.98%
• 1Y: 6.13%
• 3Y*: 11.09%
• 5Y*: 8.90%
• 10Y*: 10.04%

PSX

• 1D: 1.29%
• 1M: 4.37%
• YTD: 43.67%
• 6M: 34.77%
• 1Y: 65.22%
• 3Y*: 27.76%
• 5Y*: 19.84%
• 10Y*: 12.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MLP vs. PSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MLP Maui Land & Pineapple Company, Inc.	-2.89%	-22.93%	38.33%	68.68%	-5.42%	-13.62%	2.49%	13.41%	-42.66%	140.28%
PSX Phillips 66	43.67%	17.51%	-11.63%	33.07%	49.58%	8.51%	-33.85%	33.97%	-12.28%	20.94%

Correlation

The correlation between MLP and PSX is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since May 2, 2012	0.14

Fundamentals

Market Cap MLP : $328.67M PSX : $73.62B
EPS MLP : -$0.53 PSX : $10.17
PS Ratio MLP : 16.89 PSX : 0.55
PB Ratio MLP : 9.94 PSX : 2.58
Total Revenue (TTM) MLP : $19.46M PSX : $134.70B
Gross Profit (TTM) MLP : $9.09M PSX : $5.94B
EBITDA (TTM) MLP : -$11.95M PSX : $9.17B

Return for Risk

MLP vs. PSX — Risk / Return Rank

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

MLP

MLP Risk / Return Rank: 43
MLP Sharpe Ratio Rank: 46
MLP Sortino Ratio Rank: 43
MLP Omega Ratio Rank: 41
MLP Calmar Ratio Rank: 43
MLP Martin Ratio Rank: 43

PSX

PSX Risk / Return Rank: 87
PSX Sharpe Ratio Rank: 89
PSX Sortino Ratio Rank: 86
PSX Omega Ratio Rank: 85
PSX Calmar Ratio Rank: 86
PSX Martin Ratio Rank: 88

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.

MLP vs. PSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Maui Land & Pineapple Company, Inc. (MLP) and Phillips 66 (PSX). 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.

	MLP	PSX	Difference
Sharpe ratio Return per unit of total volatility	0.16	2.21	-2.05
Sortino ratio Return per unit of downside risk	0.57	2.87	-2.30
Omega ratio Gain probability vs. loss probability	1.06	1.36	-0.30
Calmar ratio Return relative to maximum drawdown	0.12	3.84	-3.72
Martin ratio Return relative to average drawdown	0.23	11.14	-10.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLP vs. PSX - Sharpe Ratio Comparison

The current MLP Sharpe Ratio is 0.16, which is lower than the PSX Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of MLP and PSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MLP	PSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	2.21	-2.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.60	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.36	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.50	-0.48

Drawdowns

MLP vs. PSX - Drawdown Comparison

The maximum MLP drawdown since its inception was -95.97%, which is greater than PSX's maximum drawdown of -64.21%. Use the drawdown chart below to compare losses from any high point for MLP and PSX.

Drawdown Indicators

	MLP	PSX	Difference
Max Drawdown Largest peak-to-trough decline	-95.97%	-64.21%	-31.76%
Max Drawdown (1Y) Largest decline over 1 year	-28.79%	-17.28%	-11.51%
Max Drawdown (3Y) Largest decline over 3 years	-45.52%	-44.37%	-1.15%
Max Drawdown (5Y) Largest decline over 5 years	-45.52%	-44.37%	-1.15%
Max Drawdown (10Y) Largest decline over 10 years	-69.73%	-64.21%	-5.52%
Current Drawdown Current decline from peak	-65.09%	-2.33%	-62.76%
Average Drawdown Average peak-to-trough decline	-55.64%	-14.75%	-40.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.77%	5.96%	+9.81%

Volatility

MLP vs. PSX - Volatility Comparison

Maui Land & Pineapple Company, Inc. (MLP) has a higher volatility of 15.32% compared to Phillips 66 (PSX) at 9.68%. This indicates that MLP's price experiences larger fluctuations and is considered to be riskier than PSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLP	PSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.32%	9.68%	+5.64%
Volatility (6M) Calculated over the trailing 6-month period	21.72%	23.73%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	39.12%	29.65%	+9.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.31%	33.22%	+5.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.92%	35.32%	+8.60%

Dividends

MLP vs. PSX - Dividend Comparison

MLP has not paid dividends to shareholders, while PSX's dividend yield for the trailing twelve months is around 2.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MLP Maui Land & Pineapple Company, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSX Phillips 66	2.71%	3.68%	3.95%	3.15%	3.68%	5.00%	5.15%	3.14%	3.60%	2.70%	2.84%	2.67%

Financials

MLP vs. PSX - Profitability Comparison

The chart below illustrates the profitability comparison between Maui Land & Pineapple Company, Inc. and Phillips 66 over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MLP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Maui Land & Pineapple Company, Inc. reported a gross profit of 4.42M and revenue of 4.53M. Therefore, the gross margin over that period was 97.8%.

PSX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Phillips 66 reported a gross profit of 0.00 and revenue of 33.00B. Therefore, the gross margin over that period was 0.0%.

MLP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Maui Land & Pineapple Company, Inc. reported an operating income of -4.27M and revenue of 4.53M, resulting in an operating margin of -94.3%.

PSX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Phillips 66 reported an operating income of 0.00 and revenue of 33.00B, resulting in an operating margin of 0.0%.

MLP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Maui Land & Pineapple Company, Inc. reported a net income of -1.18M and revenue of 4.53M, resulting in a net margin of -26.1%.

PSX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Phillips 66 reported a net income of 207.00M and revenue of 33.00B, resulting in a net margin of 0.6%.

Frequently Asked Questions

Can I hold both MLP and PSX in my portfolio?

MLP and PSX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLP or PSX?

MLP has higher volatility (15.32%) compared to PSX (9.68%). In terms of maximum drawdown, MLP dropped -95.97% vs PSX's -64.21%.

Which has better risk-adjusted returns?

PSX currently has the higher Sharpe Ratio (2.21 vs 0.16), 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.