RIOT vs. PAA
RIOT (Riot Platforms, Inc.) and PAA (Plains All American Pipeline, L.P.) are both stocks. RIOT operates in Software - Application (Technology), while PAA operates in Oil & Gas Midstream (Energy). Over the past 10 years, RIOT returned 24.63%/yr vs 5.97%/yr for PAA. At a 0.14 correlation, their price movements are largely independent.
Performance
RIOT vs. PAA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RIOT achieves a 110.02% return, which is significantly higher than PAA's 30.01% return. Over the past 10 years, RIOT has outperformed PAA with an annualized return of 24.63%, while PAA has yielded a comparatively lower 5.97% annualized return.
RIOT
- 1D
- 1.80%
- 1M
- 6.78%
- YTD
- 110.02%
- 6M
- 73.92%
- 1Y
- 160.63%
- 3Y*
- 37.39%
- 5Y*
- -3.03%
- 10Y*
- 24.63%
PAA
- 1D
- -0.18%
- 1M
- 2.51%
- YTD
- 30.01%
- 6M
- 31.47%
- 1Y
- 36.35%
- 3Y*
- 28.99%
- 5Y*
- 22.23%
- 10Y*
- 5.97%
RIOT vs. PAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RIOT Riot Platforms, Inc. | 110.02% | 24.09% | -34.00% | 356.34% | -84.82% | 31.43% | 1,416.96% | -25.83% | -94.68% | 729.34% |
PAA Plains All American Pipeline, L.P. | 30.01% | 14.30% | 21.38% | 39.18% | 35.79% | 22.24% | -50.79% | -2.28% | 2.31% | -31.34% |
Correlation
The correlation between RIOT and PAA is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2003 | 0.14 |
The correlation between RIOT and PAA shifts across timeframes, from -0.00 (1 year) to 0.21 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RIOT:
$9.25B
PAA:
$15.84B
RIOT:
-$2.35
PAA:
$2.19
RIOT:
15.01
PAA:
0.35
RIOT:
3.86
PAA:
1.24
RIOT:
$653.27M
PAA:
$45.25B
RIOT:
$179.76M
PAA:
$1.55B
RIOT:
-$482.33M
PAA:
$2.54B
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
RIOT vs. PAA — Risk / Return Rank
RIOT
PAA
RIOT vs. PAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Riot Platforms, Inc. (RIOT) and Plains All American Pipeline, L.P. (PAA). 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.
| RIOT | PAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.33 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 2.51 | +0.82 |
| Martin ratioReturn relative to average drawdown | 6.58 | 7.17 | -0.59 |
Loading charts...
Drawdowns
RIOT vs. PAA - Drawdown Comparison
The maximum RIOT drawdown since its inception was -99.98%, which is greater than PAA's maximum drawdown of -91.99%. Use the drawdown chart below to compare losses from any high point for RIOT and PAA.
Loading charts...
Drawdown Indicators
| RIOT | PAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -91.99% | -7.99% |
Max Drawdown (1Y)Largest decline over 1 year | -48.57% | -14.53% | -34.04% |
Max Drawdown (3Y)Largest decline over 3 years | -69.00% | -22.26% | -46.74% |
Max Drawdown (5Y)Largest decline over 5 years | -92.55% | -26.11% | -66.44% |
Max Drawdown (10Y)Largest decline over 10 years | -98.32% | -87.92% | -10.40% |
Current DrawdownCurrent decline from peak | -99.17% | -10.03% | -89.14% |
Average DrawdownAverage peak-to-trough decline | -87.83% | -25.75% | -62.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.51% | 5.08% | +19.43% |
Volatility
RIOT vs. PAA - Volatility Comparison
Riot Platforms, Inc. (RIOT) has a higher volatility of 20.07% compared to Plains All American Pipeline, L.P. (PAA) at 7.32%. This indicates that RIOT's price experiences larger fluctuations and is considered to be riskier than PAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RIOT | PAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.07% | 7.32% | +12.75% |
Volatility (6M)Calculated over the trailing 6-month period | 62.16% | 14.09% | +48.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.24% | 18.47% | +65.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.82% | 26.81% | +67.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.15% | 41.82% | +70.33% |
Dividends
RIOT vs. PAA - Dividend Comparison
RIOT has not paid dividends to shareholders, while PAA's dividend yield for the trailing twelve months is around 7.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAA Plains All American Pipeline, L.P. | 7.11% | 8.46% | 7.44% | 7.06% | 7.08% | 7.71% | 10.92% | 7.50% | 5.99% | 9.45% | 8.21% | 11.93% |
RIOT Riot Platforms, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.52% | 0.00% | 0.00% |
Financials
RIOT vs. PAA - Financials Comparison
This section allows you to compare key financial metrics between Riot Platforms, Inc. and Plains All American Pipeline, L.P.. 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
RIOT and PAA have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RIOT has higher volatility (20.07%) compared to PAA (7.32%). In terms of maximum drawdown, RIOT dropped -99.98% vs PAA's -91.99%.
PAA currently has the higher Sharpe Ratio (1.98 vs 1.92), 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 RIOT and PAA
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