QXO vs. MPLX
QXO (QXO, Inc) and MPLX (MPLX LP) are both stocks. QXO operates in Software - Application (Technology), while MPLX operates in Oil & Gas Midstream (Energy). Over the past 10 years, QXO returned 7.71%/yr vs 14.99%/yr for MPLX. At a 0.07 correlation, their price movements are largely independent.
Performance
QXO vs. MPLX - Performance Comparison
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Returns By Period
In the year-to-date period, QXO achieves a -14.77% return, which is significantly lower than MPLX's 7.63% return. Over the past 10 years, QXO has underperformed MPLX with an annualized return of 7.71%, while MPLX has yielded a comparatively higher 14.99% annualized return.
QXO
- 1D
- 0.74%
- 1M
- -14.02%
- YTD
- -14.77%
- 6M
- -17.80%
- 1Y
- -1.20%
- 3Y*
- -6.04%
- 5Y*
- -18.47%
- 10Y*
- 7.71%
MPLX
- 1D
- -0.75%
- 1M
- -1.46%
- YTD
- 7.63%
- 6M
- 4.78%
- 1Y
- 15.40%
- 3Y*
- 27.99%
- 5Y*
- 24.22%
- 10Y*
- 14.99%
QXO vs. MPLX - Yearly Performance Comparison
Correlation
The correlation between QXO and MPLX is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2012 | 0.07 |
The correlation between QXO and MPLX shifts across timeframes, from -0.03 (1 year) to 0.08 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
QXO:
-$1.03
MPLX:
$6.16
QXO:
0.96
MPLX:
3.37
QXO:
$8.56B
MPLX:
$12.54B
QXO:
$1.98B
MPLX:
$7.52B
QXO:
-$152.95M
MPLX:
$6.90B
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Return for Risk
QXO vs. MPLX — Risk / Return Rank
QXO
MPLX
QXO vs. MPLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QXO, Inc (QXO) and MPLX LP (MPLX). 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.
| QXO | MPLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.02 | 0.99 | -1.01 |
Sortino ratioReturn per unit of downside risk | 0.45 | 1.45 | -0.99 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.17 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | -0.03 | 2.01 | -2.04 |
Martin ratioReturn relative to average drawdown | -0.06 | 4.73 | -4.79 |
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
| QXO | MPLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 0.99 | -1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 1.26 | -1.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | 0.49 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.39 | -0.34 |
Drawdowns
QXO vs. MPLX - Drawdown Comparison
The maximum QXO drawdown since its inception was -95.44%, which is greater than MPLX's maximum drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for QXO and MPLX.
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Drawdown Indicators
| QXO | MPLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.44% | -85.72% | -9.72% |
Max Drawdown (1Y)Largest decline over 1 year | -41.08% | -7.71% | -33.37% |
Max Drawdown (3Y)Largest decline over 3 years | -95.44% | -14.58% | -80.86% |
Max Drawdown (5Y)Largest decline over 5 years | -95.44% | -18.46% | -76.98% |
Max Drawdown (10Y)Largest decline over 10 years | -95.44% | -75.21% | -20.23% |
Current DrawdownCurrent decline from peak | -93.02% | -4.79% | -88.23% |
Average DrawdownAverage peak-to-trough decline | -56.34% | -30.01% | -26.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.82% | 3.27% | +16.55% |
Volatility
QXO vs. MPLX - Volatility Comparison
QXO, Inc (QXO) has a higher volatility of 16.10% compared to MPLX LP (MPLX) at 5.51%. This indicates that QXO's price experiences larger fluctuations and is considered to be riskier than MPLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QXO | MPLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.10% | 5.51% | +10.59% |
Volatility (6M)Calculated over the trailing 6-month period | 46.44% | 11.65% | +34.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.14% | 15.59% | +44.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.36% | 19.40% | +125.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 123.57% | 30.66% | +92.91% |
Dividends
QXO vs. MPLX - Dividend Comparison
QXO has not paid dividends to shareholders, while MPLX's dividend yield for the trailing twelve months is around 7.58%.
Financials
QXO vs. MPLX - Financials Comparison
This section allows you to compare key financial metrics between QXO, Inc and MPLX LP. 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
QXO vs. MPLX - Profitability Comparison
QXO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a gross profit of 409.30M and revenue of 1.73B. Therefore, the gross margin over that period was 23.7%.
MPLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MPLX LP reported a gross profit of 2.64B and revenue of 3.04B. Therefore, the gross margin over that period was 86.8%.
QXO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported an operating income of -251.90M and revenue of 1.73B, resulting in an operating margin of -14.6%.
MPLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MPLX LP reported an operating income of 1.21B and revenue of 3.04B, resulting in an operating margin of 40.0%.
QXO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a net income of -227.10M and revenue of 1.73B, resulting in a net margin of -13.1%.
MPLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MPLX LP reported a net income of 922.00M and revenue of 3.04B, resulting in a net margin of 30.4%.
Frequently Asked Questions
QXO and MPLX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QXO has higher volatility (16.10%) compared to MPLX (5.51%). In terms of maximum drawdown, QXO dropped -95.44% vs MPLX's -85.72%.
MPLX currently has the higher Sharpe Ratio (0.99 vs -0.02), 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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