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PAA vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PAA and VOO is 0.41, 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

PAA vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Plains All American Pipeline, L.P. (PAA) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%600.00%NovemberDecember2025FebruaryMarchApril
64.38%
557.08%
PAA
VOO

Key characteristics

Sharpe Ratio

PAA:

0.33

VOO:

0.54

Sortino Ratio

PAA:

0.61

VOO:

0.88

Omega Ratio

PAA:

1.08

VOO:

1.13

Calmar Ratio

PAA:

0.21

VOO:

0.55

Martin Ratio

PAA:

1.37

VOO:

2.27

Ulcer Index

PAA:

6.50%

VOO:

4.55%

Daily Std Dev

PAA:

27.26%

VOO:

19.19%

Max Drawdown

PAA:

-91.99%

VOO:

-33.99%

Current Drawdown

PAA:

-32.44%

VOO:

-9.90%

Returns By Period

In the year-to-date period, PAA achieves a 9.00% return, which is significantly higher than VOO's -5.74% return. Over the past 10 years, PAA has underperformed VOO with an annualized return of -2.32%, while VOO has yielded a comparatively higher 12.12% annualized return.


PAA

YTD

9.00%

1M

-9.01%

6M

12.09%

1Y

9.97%

5Y*

28.17%

10Y*

-2.32%

VOO

YTD

-5.74%

1M

-2.90%

6M

-4.28%

1Y

9.78%

5Y*

15.72%

10Y*

12.12%

*Annualized

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Risk-Adjusted Performance

PAA vs. VOO — Risk-Adjusted Performance Rank

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

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

VOO
The Risk-Adjusted Performance Rank of VOO is 6464
Overall Rank
The Sharpe Ratio Rank of VOO is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6262
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6464
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6565
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.

PAA vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Plains All American Pipeline, L.P. (PAA) and Vanguard S&P 500 ETF (VOO). 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 PAA, currently valued at 0.33, compared to the broader market-2.00-1.000.001.002.003.00
PAA: 0.33
VOO: 0.54
The chart of Sortino ratio for PAA, currently valued at 0.61, compared to the broader market-6.00-4.00-2.000.002.004.00
PAA: 0.61
VOO: 0.88
The chart of Omega ratio for PAA, currently valued at 1.08, compared to the broader market0.501.001.502.00
PAA: 1.08
VOO: 1.13
The chart of Calmar ratio for PAA, currently valued at 0.21, compared to the broader market0.001.002.003.004.005.00
PAA: 0.21
VOO: 0.55
The chart of Martin ratio for PAA, currently valued at 1.37, compared to the broader market-5.000.005.0010.0015.0020.00
PAA: 1.37
VOO: 2.27

The current PAA Sharpe Ratio is 0.33, which is lower than the VOO Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of PAA and VOO, 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
0.33
0.54
PAA
VOO

Dividends

PAA vs. VOO - Dividend Comparison

PAA's dividend yield for the trailing twelve months is around 7.29%, more than VOO's 1.38% yield.


TTM20242023202220212020201920182017201620152014
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%
VOO
Vanguard S&P 500 ETF
1.38%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

PAA vs. VOO - Drawdown Comparison

The maximum PAA drawdown since its inception was -91.99%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PAA and VOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-32.44%
-9.90%
PAA
VOO

Volatility

PAA vs. VOO - Volatility Comparison

Plains All American Pipeline, L.P. (PAA) has a higher volatility of 16.45% compared to Vanguard S&P 500 ETF (VOO) at 13.96%. This indicates that PAA's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
16.45%
13.96%
PAA
VOO