PBT vs. MA
PBT (Permian Basin Royalty Trust) and MA (Mastercard Incorporated) are both stocks. PBT operates in Oil & Gas Midstream (Energy), while MA operates in Credit Services (Financial Services). Over the past 10 years, PBT returned 19.91%/yr vs 18.83%/yr for MA. At a 0.16 correlation, their price movements are largely independent.
Performance
PBT vs. MA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PBT achieves a 49.62% return, which is significantly higher than MA's -14.93% return. Over the past 10 years, PBT has outperformed MA with an annualized return of 19.91%, while MA has yielded a comparatively lower 18.83% annualized return.
PBT
- 1D
- 1.16%
- 1M
- -18.49%
- YTD
- 49.62%
- 6M
- 46.97%
- 1Y
- 115.71%
- 3Y*
- 7.27%
- 5Y*
- 41.52%
- 10Y*
- 19.91%
MA
- 1D
- -1.16%
- 1M
- -2.90%
- YTD
- -14.93%
- 6M
- -15.64%
- 1Y
- -8.63%
- 3Y*
- 9.06%
- 5Y*
- 5.85%
- 10Y*
- 18.83%
PBT vs. MA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBT Permian Basin Royalty Trust | 49.62% | 56.75% | -16.91% | -42.84% | 166.22% | 218.45% | -7.68% | -29.15% | -28.11% | 23.21% |
MA Mastercard Incorporated | -14.93% | 9.04% | 24.17% | 23.40% | -2.66% | 1.16% | 20.19% | 59.16% | 25.31% | 47.69% |
Correlation
The correlation between PBT and MA is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since May 25, 2006 | 0.16 |
The correlation between PBT and MA shifts across timeframes, from -0.08 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PBT:
$0.33
MA:
$17.28
PBT:
75.44
MA:
28.02
PBT:
1.01
MA:
1.63
PBT:
67.63
MA:
12.86
PBT:
$13.06M
MA:
$33.94B
PBT:
$13.06M
MA:
$26.70B
PBT:
$11.70M
MA:
$21.23B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PBT vs. MA — Risk / Return Rank
PBT
MA
PBT vs. MA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Permian Basin Royalty Trust (PBT) and Mastercard Incorporated (MA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PBT | MA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.10 | ||
| Sortino ratioReturn per unit of downside risk | +3.85 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.95 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 5.99 | -0.41 | +6.41 |
| Martin ratioReturn relative to average drawdown | 16.02 | -0.82 | +16.84 |
Loading charts...
Drawdowns
PBT vs. MA - Drawdown Comparison
The maximum PBT drawdown since its inception was -83.17%, which is greater than MA's maximum drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for PBT and MA.
Loading charts...
Drawdown Indicators
| PBT | MA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.17% | -62.67% | -20.50% |
Max Drawdown (1Y)Largest decline over 1 year | -19.42% | -20.91% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -62.52% | -20.91% | -41.61% |
Max Drawdown (5Y)Largest decline over 5 years | -65.05% | -28.25% | -36.80% |
Max Drawdown (10Y)Largest decline over 10 years | -73.87% | -41.00% | -32.87% |
Current DrawdownCurrent decline from peak | -18.49% | -18.81% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -25.66% | -9.83% | -15.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.25% | 10.58% | -3.33% |
Volatility
PBT vs. MA - Volatility Comparison
Permian Basin Royalty Trust (PBT) has a higher volatility of 16.17% compared to Mastercard Incorporated (MA) at 6.56%. This indicates that PBT's price experiences larger fluctuations and is considered to be riskier than MA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PBT | MA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.17% | 6.56% | +9.61% |
Volatility (6M)Calculated over the trailing 6-month period | 31.82% | 17.09% | +14.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.23% | 21.39% | +21.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.75% | 24.04% | +23.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.86% | 26.94% | +15.92% |
Dividends
PBT vs. MA - Dividend Comparison
PBT's dividend yield for the trailing twelve months is around 1.41%, more than MA's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MA Mastercard Incorporated | 0.67% | 0.53% | 0.50% | 0.53% | 0.56% | 0.49% | 0.45% | 0.44% | 0.53% | 0.58% | 0.74% | 0.66% |
PBT Permian Basin Royalty Trust | 1.41% | 1.92% | 4.92% | 4.30% | 4.56% | 2.28% | 7.10% | 10.80% | 11.20% | 7.09% | 5.38% | 6.81% |
Financials
PBT vs. MA - Financials Comparison
This section allows you to compare key financial metrics between Permian Basin Royalty Trust and Mastercard Incorporated. 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
Frequently Asked Questions
PBT and MA have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PBT has higher volatility (16.17%) compared to MA (6.56%). In terms of maximum drawdown, PBT dropped -83.17% vs MA's -62.67%.
PBT currently has the higher Sharpe Ratio (2.70 vs -0.41), 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.
Find the right allocation for PBT and MA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer