MNR vs. PAA
MNR (Monmouth Real Estate Investment Corporation) and PAA (Plains All American Pipeline, L.P.) are both stocks. MNR operates in REIT - Industrial (Real Estate), while PAA operates in Oil & Gas Midstream (Energy). Over the past year, MNR returned 15.86% vs 45.13% for PAA. At a 0.34 correlation, their price movements are largely independent.
Performance
MNR vs. PAA - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with MNR having a 32.37% return and PAA slightly higher at 32.73%.
MNR
- 1D
- 0.30%
- 1M
- 1.15%
- YTD
- 32.37%
- 6M
- 18.71%
- 1Y
- 15.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PAA
- 1D
- -0.22%
- 1M
- 1.15%
- YTD
- 32.73%
- 6M
- 34.61%
- 1Y
- 45.13%
- 3Y*
- 29.04%
- 5Y*
- 24.34%
- 10Y*
- 6.90%
MNR vs. PAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MNR Monmouth Real Estate Investment Corporation | 32.37% | -26.21% | 23.43% | -10.09% |
PAA Plains All American Pipeline, L.P. | 32.73% | 14.30% | 21.38% | -0.50% |
Correlation
The correlation between MNR and PAA is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.34 |
Fundamentals
MNR:
$2.26B
PAA:
$16.17B
MNR:
$0.68
PAA:
$2.19
MNR:
19.87
PAA:
10.46
MNR:
0.26
PAA:
0.20
MNR:
1.53
PAA:
0.36
MNR:
1.00
PAA:
1.26
MNR:
$1.19B
PAA:
$45.25B
MNR:
$632.55M
PAA:
$1.55B
MNR:
$541.72M
PAA:
$2.54B
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Return for Risk
MNR vs. PAA — Risk / Return Rank
MNR
PAA
MNR vs. PAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Monmouth Real Estate Investment Corporation (MNR) 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.
| MNR | PAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.40 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.59 | 3.12 | -2.53 |
| Martin ratioReturn relative to average drawdown | 1.13 | 9.10 | -7.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MNR | PAA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 2.44 | -1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.91 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.17 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.31 | -0.20 |
Drawdowns
MNR vs. PAA - Drawdown Comparison
The maximum MNR drawdown since its inception was -34.70%, smaller than the maximum PAA drawdown of -91.99%. Use the drawdown chart below to compare losses from any high point for MNR and PAA.
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Drawdown Indicators
| MNR | PAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.70% | -91.99% | +57.29% |
Max Drawdown (1Y)Largest decline over 1 year | -27.08% | -14.53% | -12.55% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.92% | — |
Current DrawdownCurrent decline from peak | -11.64% | -8.14% | -3.50% |
Average DrawdownAverage peak-to-trough decline | -14.73% | -25.77% | +11.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.03% | 4.97% | +9.06% |
Volatility
MNR vs. PAA - Volatility Comparison
Monmouth Real Estate Investment Corporation (MNR) has a higher volatility of 7.80% compared to Plains All American Pipeline, L.P. (PAA) at 7.38%. This indicates that MNR's price experiences larger fluctuations and is considered to be riskier than PAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MNR | PAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 7.38% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 21.77% | 14.05% | +7.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.17% | 18.70% | +9.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.80% | 26.87% | +1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.80% | 41.87% | -13.07% |
Dividends
MNR vs. PAA - Dividend Comparison
MNR's dividend yield for the trailing twelve months is around 13.55%, more than PAA's 6.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNR Monmouth Real Estate Investment Corporation | 13.55% | 17.57% | 18.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PAA Plains All American Pipeline, L.P. | 6.96% | 8.46% | 7.44% | 7.06% | 7.08% | 7.71% | 10.92% | 7.50% | 5.99% | 9.45% | 8.21% | 11.93% |
Financials
MNR vs. PAA - Financials Comparison
This section allows you to compare key financial metrics between Monmouth Real Estate Investment Corporation 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.
Total Revenue: Total amount of money received from sales and other business activities
MNR vs. PAA - Profitability Comparison
MNR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Monmouth Real Estate Investment Corporation reported a gross profit of 279.14M and revenue of 285.93M. Therefore, the gross margin over that period was 97.6%.
PAA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Plains All American Pipeline, L.P. reported a gross profit of 0.00 and revenue of 12.47B. Therefore, the gross margin over that period was 0.0%.
MNR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Monmouth Real Estate Investment Corporation reported an operating income of -9.71M and revenue of 285.93M, resulting in an operating margin of -3.4%.
PAA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Plains All American Pipeline, L.P. reported an operating income of 405.00M and revenue of 12.47B, resulting in an operating margin of 3.3%.
MNR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Monmouth Real Estate Investment Corporation reported a net income of -35.04M and revenue of 285.93M, resulting in a net margin of -12.3%.
PAA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Plains All American Pipeline, L.P. reported a net income of 551.00M and revenue of 12.47B, resulting in a net margin of 4.4%.
Frequently Asked Questions
MNR and PAA have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNR has higher volatility (7.80%) compared to PAA (7.38%). In terms of maximum drawdown, MNR dropped -34.70% vs PAA's -91.99%.
PAA currently has the higher Sharpe Ratio (2.44 vs 0.57), 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.
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