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TRP vs. MPLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TRP and MPLX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

TRP vs. MPLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TC Energy Corporation (TRP) and MPLX LP (MPLX). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%350.00%400.00%NovemberDecember2025FebruaryMarchApril
138.00%
342.38%
TRP
MPLX

Key characteristics

Sharpe Ratio

TRP:

1.85

MPLX:

1.31

Sortino Ratio

TRP:

2.44

MPLX:

1.83

Omega Ratio

TRP:

1.32

MPLX:

1.25

Calmar Ratio

TRP:

1.21

MPLX:

2.13

Martin Ratio

TRP:

8.06

MPLX:

7.82

Ulcer Index

TRP:

4.50%

MPLX:

3.08%

Daily Std Dev

TRP:

19.57%

MPLX:

18.33%

Max Drawdown

TRP:

-57.46%

MPLX:

-85.72%

Current Drawdown

TRP:

-6.20%

MPLX:

-11.29%

Fundamentals

Market Cap

TRP:

$48.27B

MPLX:

$49.57B

EPS

TRP:

$2.85

MPLX:

$4.21

PE Ratio

TRP:

16.12

MPLX:

11.52

PEG Ratio

TRP:

1.54

MPLX:

1.90

Total Revenue (TTM)

TRP:

$9.53B

MPLX:

$8.35B

Gross Profit (TTM)

TRP:

$4.47B

MPLX:

$3.71B

EBITDA (TTM)

TRP:

$7.74B

MPLX:

$4.70B

Returns By Period

In the year-to-date period, TRP achieves a -0.02% return, which is significantly lower than MPLX's 3.19% return. Over the past 10 years, TRP has outperformed MPLX with an annualized return of 8.25%, while MPLX has yielded a comparatively lower 4.55% annualized return.


TRP

YTD

-0.02%

1M

0.39%

6M

4.44%

1Y

38.04%

5Y*

10.99%

10Y*

8.25%

MPLX

YTD

3.19%

1M

-8.60%

6M

12.88%

1Y

24.03%

5Y*

47.24%

10Y*

4.55%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TRP vs. MPLX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRP
The Risk-Adjusted Performance Rank of TRP is 9191
Overall Rank
The Sharpe Ratio Rank of TRP is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of TRP is 9191
Sortino Ratio Rank
The Omega Ratio Rank of TRP is 9090
Omega Ratio Rank
The Calmar Ratio Rank of TRP is 8888
Calmar Ratio Rank
The Martin Ratio Rank of TRP is 9393
Martin Ratio Rank

MPLX
The Risk-Adjusted Performance Rank of MPLX is 8989
Overall Rank
The Sharpe Ratio Rank of MPLX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of MPLX is 8484
Sortino Ratio Rank
The Omega Ratio Rank of MPLX is 8383
Omega Ratio Rank
The Calmar Ratio Rank of MPLX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of MPLX is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TRP vs. MPLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TC Energy Corporation (TRP) 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.


Sharpe ratio
The chart of Sharpe ratio for TRP, currently valued at 1.85, compared to the broader market-2.00-1.000.001.002.00
TRP: 1.85
MPLX: 1.31
The chart of Sortino ratio for TRP, currently valued at 2.44, compared to the broader market-6.00-4.00-2.000.002.004.00
TRP: 2.44
MPLX: 1.83
The chart of Omega ratio for TRP, currently valued at 1.32, compared to the broader market0.501.001.502.00
TRP: 1.32
MPLX: 1.25
The chart of Calmar ratio for TRP, currently valued at 1.21, compared to the broader market0.001.002.003.004.00
TRP: 1.21
MPLX: 2.13
The chart of Martin ratio for TRP, currently valued at 8.06, compared to the broader market-10.000.0010.0020.00
TRP: 8.06
MPLX: 7.82

The current TRP Sharpe Ratio is 1.85, which is higher than the MPLX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of TRP and MPLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.004.50NovemberDecember2025FebruaryMarchApril
1.85
1.31
TRP
MPLX

Dividends

TRP vs. MPLX - Dividend Comparison

TRP's dividend yield for the trailing twelve months is around 5.39%, less than MPLX's 7.45% yield.


TTM20242023202220212020201920182017201620152014
TRP
TC Energy Corporation
5.39%5.42%7.84%9.47%7.73%6.39%4.36%7.85%4.00%6.52%6.65%3.51%
MPLX
MPLX LP
7.45%7.33%8.65%8.80%11.30%12.71%10.42%8.22%6.23%5.86%4.33%1.83%

Drawdowns

TRP vs. MPLX - Drawdown Comparison

The maximum TRP drawdown since its inception was -57.46%, smaller than the maximum MPLX drawdown of -85.72%. Use the drawdown chart below to compare losses from any high point for TRP and MPLX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.20%
-11.29%
TRP
MPLX

Volatility

TRP vs. MPLX - Volatility Comparison

The current volatility for TC Energy Corporation (TRP) is 7.67%, while MPLX LP (MPLX) has a volatility of 9.11%. This indicates that TRP experiences smaller price fluctuations and is considered to be less risky than MPLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%NovemberDecember2025FebruaryMarchApril
7.67%
9.11%
TRP
MPLX

Financials

TRP vs. MPLX - Financials Comparison

This section allows you to compare key financial metrics between TC Energy Corporation 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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