PPL-PC.TO vs. PPL
PPL-PC.TO (Pembina Pipeline Corporation) and PPL (PPL Corporation) are both stocks. PPL-PC.TO operates in Oil & Gas Midstream (Energy), while PPL operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, PPL-PC.TO returned 11.14%/yr vs 4.47%/yr for PPL. At a 0.02 correlation, their price movements are largely independent.
Performance
PPL-PC.TO vs. PPL - Performance Comparison
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Different Trading Currencies
PPL-PC.TO is traded in CAD, while PPL is traded in USD. To make them comparable, the PPL values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PPL-PC.TO achieves a 5.04% return, which is significantly higher than PPL's 4.44% return. Over the past 10 years, PPL-PC.TO has outperformed PPL with an annualized return of 11.14%, while PPL has yielded a comparatively lower 4.47% annualized return.
PPL-PC.TO
- 1D
- 0.00%
- 1M
- -0.08%
- YTD
- 5.04%
- 6M
- 5.72%
- 1Y
- 15.51%
- 3Y*
- 23.23%
- 5Y*
- 10.13%
- 10Y*
- 11.14%
PPL
- 1D
- 1.86%
- 1M
- -0.93%
- YTD
- 4.44%
- 6M
- 8.16%
- 1Y
- 10.23%
- 3Y*
- 15.67%
- 5Y*
- 11.37%
- 10Y*
- 4.47%
PPL-PC.TO vs. PPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPL-PC.TO Pembina Pipeline Corporation | 5.04% | 21.55% | 32.83% | 14.31% | -18.29% | 52.16% | -5.77% | -0.08% | -14.42% | 20.07% |
PPL PPL Corporation | 4.44% | 6.27% | 34.64% | -5.89% | 7.50% | 11.86% | -18.28% | 26.85% | 5.21% | -11.23% |
Correlation
The correlation between PPL-PC.TO and PPL 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 | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2013 | 0.02 |
The correlation between PPL-PC.TO and PPL shifts across timeframes, from -0.09 (1 year) to 0.03 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
PPL-PC.TO:
CA$14.71B
PPL:
$27.06B
PPL-PC.TO:
CA$2.90
PPL:
$1.63
PPL-PC.TO:
8.71
PPL:
21.91
PPL-PC.TO:
0.33
PPL:
18.35
PPL-PC.TO:
1.93
PPL:
2.87
PPL-PC.TO:
0.97
PPL:
1.23
PPL-PC.TO:
CA$7.61B
PPL:
$9.31B
PPL-PC.TO:
CA$2.90B
PPL:
$4.34B
PPL-PC.TO:
CA$3.41B
PPL:
$3.38B
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Return for Risk
PPL-PC.TO vs. PPL — Risk / Return Rank
PPL-PC.TO
PPL
PPL-PC.TO vs. PPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pembina Pipeline Corporation (PPL-PC.TO) and PPL Corporation (PPL). 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.
| PPL-PC.TO | PPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.91 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.11 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 5.42 | 0.78 | +4.64 |
| Martin ratioReturn relative to average drawdown | 21.66 | 1.85 | +19.80 |
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
| PPL-PC.TO | PPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 0.59 | +1.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.64 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.21 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.35 | -0.02 |
Drawdowns
PPL-PC.TO vs. PPL - Drawdown Comparison
The maximum PPL-PC.TO drawdown since its inception was -57.07%, which is greater than PPL's maximum drawdown of -43.70%. Use the drawdown chart below to compare losses from any high point for PPL-PC.TO and PPL.
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Drawdown Indicators
| PPL-PC.TO | PPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.07% | -43.70% | -13.37% |
Max Drawdown (1Y)Largest decline over 1 year | -3.11% | -13.24% | +10.13% |
Max Drawdown (3Y)Largest decline over 3 years | -9.57% | -15.96% | +6.39% |
Max Drawdown (5Y)Largest decline over 5 years | -25.88% | -23.31% | -2.57% |
Max Drawdown (10Y)Largest decline over 10 years | -57.07% | -43.70% | -13.37% |
Current DrawdownCurrent decline from peak | -0.86% | -9.39% | +8.53% |
Average DrawdownAverage peak-to-trough decline | -11.92% | -12.36% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 5.53% | -4.75% |
Volatility
PPL-PC.TO vs. PPL - Volatility Comparison
The current volatility for Pembina Pipeline Corporation (PPL-PC.TO) is 1.57%, while PPL Corporation (PPL) has a volatility of 6.07%. This indicates that PPL-PC.TO experiences smaller price fluctuations and is considered to be less risky than PPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPL-PC.TO | PPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 6.07% | -4.50% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 13.49% | -9.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.77% | 17.35% | -10.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.85% | 17.70% | -2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.02% | 21.73% | -1.71% |
Dividends
PPL-PC.TO vs. PPL - Dividend Comparison
PPL-PC.TO's dividend yield for the trailing twelve months is around 5.95%, more than PPL's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPL PPL Corporation | 3.08% | 3.11% | 3.17% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 11.74% |
PPL-PC.TO Pembina Pipeline Corporation | 5.95% | 6.07% | 6.47% | 6.37% | 6.83% | 5.26% | 7.56% | 6.64% | 6.44% | 5.23% | 5.95% | 6.49% |
Financials
PPL-PC.TO vs. PPL - Financials Comparison
This section allows you to compare key financial metrics between Pembina Pipeline Corporation and PPL 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.
Total Revenue: Total amount of money received from sales and other business activities
PPL-PC.TO vs. PPL - Profitability Comparison
PPL-PC.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pembina Pipeline Corporation reported a gross profit of 795.00M and revenue of 2.07B. Therefore, the gross margin over that period was 38.5%.
PPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PPL Corporation reported a gross profit of 1.92B and revenue of 2.77B. Therefore, the gross margin over that period was 69.3%.
PPL-PC.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pembina Pipeline Corporation reported an operating income of 669.00M and revenue of 2.07B, resulting in an operating margin of 32.4%.
PPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PPL Corporation reported an operating income of 745.00M and revenue of 2.77B, resulting in an operating margin of 26.9%.
PPL-PC.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pembina Pipeline Corporation reported a net income of 498.00M and revenue of 2.07B, resulting in a net margin of 24.1%.
PPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PPL Corporation reported a net income of 452.00M and revenue of 2.77B, resulting in a net margin of 16.3%.
Frequently Asked Questions
PPL-PC.TO and PPL 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.
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