PSX vs. KEY
PSX (Phillips 66) and KEY (KeyCorp) are both stocks. PSX operates in Oil & Gas Refining & Marketing (Energy), while KEY operates in Banks - Regional (Financial Services). Over the past 10 years, PSX returned 12.61%/yr vs 10.03%/yr for KEY. At a 0.44 correlation, their price movements are largely independent.
Performance
PSX vs. KEY - Performance Comparison
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Returns By Period
In the year-to-date period, PSX achieves a 44.08% return, which is significantly higher than KEY's 7.52% return. Over the past 10 years, PSX has outperformed KEY with an annualized return of 12.61%, while KEY has yielded a comparatively lower 10.03% annualized return.
PSX
- 1D
- -0.58%
- 1M
- 7.49%
- YTD
- 44.08%
- 6M
- 33.41%
- 1Y
- 65.68%
- 3Y*
- 27.98%
- 5Y*
- 19.31%
- 10Y*
- 12.61%
KEY
- 1D
- 0.42%
- 1M
- 1.74%
- YTD
- 7.52%
- 6M
- 15.23%
- 1Y
- 38.89%
- 3Y*
- 33.73%
- 5Y*
- 4.07%
- 10Y*
- 10.03%
PSX vs. KEY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSX Phillips 66 | 44.08% | 17.51% | -11.63% | 33.07% | 49.58% | 8.51% | -33.85% | 33.97% | -12.28% | 20.94% |
KEY KeyCorp | 7.52% | 26.22% | 25.34% | -11.53% | -21.69% | 45.92% | -14.50% | 42.72% | -24.61% | 12.74% |
Correlation
The correlation between PSX and KEY is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since May 2, 2012 | 0.44 |
Over the past year, the correlation between PSX and KEY has dropped to 0.13 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
Fundamentals
PSX:
$73.83B
KEY:
$23.59B
PSX:
$10.17
KEY:
$1.78
PSX:
18.00
KEY:
12.25
PSX:
0.10
KEY:
0.50
PSX:
0.55
KEY:
2.12
PSX:
2.59
KEY:
1.35
PSX:
$134.70B
KEY:
$11.22B
PSX:
$5.94B
KEY:
$7.20B
PSX:
$9.17B
KEY:
$2.51B
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Return for Risk
PSX vs. KEY — Risk / Return Rank
PSX
KEY
PSX vs. KEY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Phillips 66 (PSX) and KeyCorp (KEY). 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.
| PSX | KEY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.30 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 2.41 | +1.59 |
| Martin ratioReturn relative to average drawdown | 11.57 | 6.55 | +5.02 |
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
| PSX | KEY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 1.78 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.11 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.25 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.15 | +0.36 |
Drawdowns
PSX vs. KEY - Drawdown Comparison
The maximum PSX drawdown since its inception was -64.21%, smaller than the maximum KEY drawdown of -87.08%. Use the drawdown chart below to compare losses from any high point for PSX and KEY.
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Drawdown Indicators
| PSX | KEY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.21% | -87.08% | +22.87% |
Max Drawdown (1Y)Largest decline over 1 year | -17.28% | -17.76% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -44.37% | -32.21% | -12.16% |
Max Drawdown (5Y)Largest decline over 5 years | -44.37% | -65.23% | +20.86% |
Max Drawdown (10Y)Largest decline over 10 years | -64.21% | -65.23% | +1.02% |
Current DrawdownCurrent decline from peak | -2.06% | -4.38% | +2.32% |
Average DrawdownAverage peak-to-trough decline | -14.74% | -32.89% | +18.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.96% | 6.52% | -0.56% |
Volatility
PSX vs. KEY - Volatility Comparison
Phillips 66 (PSX) has a higher volatility of 8.15% compared to KeyCorp (KEY) at 7.36%. This indicates that PSX's price experiences larger fluctuations and is considered to be riskier than KEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSX | KEY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 7.36% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 23.59% | 17.24% | +6.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.47% | 24.12% | +5.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.19% | 38.05% | -4.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.31% | 39.83% | -4.52% |
Dividends
PSX vs. KEY - Dividend Comparison
PSX's dividend yield for the trailing twelve months is around 2.70%, less than KEY's 3.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KEY KeyCorp | 3.77% | 3.97% | 4.78% | 5.69% | 4.54% | 3.24% | 4.51% | 3.51% | 3.82% | 1.88% | 1.81% | 3.83% |
PSX Phillips 66 | 2.70% | 3.68% | 3.95% | 3.15% | 3.68% | 5.00% | 5.15% | 3.14% | 3.60% | 2.70% | 2.84% | 2.67% |
Financials
PSX vs. KEY - Financials Comparison
This section allows you to compare key financial metrics between Phillips 66 and KeyCorp. 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
PSX vs. KEY - Profitability Comparison
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%.
KEY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KeyCorp reported a gross profit of 1.84B and revenue of 2.73B. Therefore, the gross margin over that period was 67.4%.
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%.
KEY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KeyCorp reported an operating income of 701.00M and revenue of 2.73B, resulting in an operating margin of 25.7%.
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%.
KEY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KeyCorp reported a net income of 522.00M and revenue of 2.73B, resulting in a net margin of 19.1%.
Frequently Asked Questions
PSX and KEY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSX has higher volatility (8.15%) compared to KEY (7.36%). In terms of maximum drawdown, PSX dropped -64.21% vs KEY's -87.08%.
PSX currently has the higher Sharpe Ratio (2.34 vs 1.78), 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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