TRP vs. MPLX
Compare and contrast key facts about TC Energy Corporation (TRP) and MPLX LP (MPLX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRP or MPLX.
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.
Performance
TRP vs. MPLX - Performance Comparison
Key characteristics
TRP:
2.37
MPLX:
3.47
TRP:
3.19
MPLX:
4.71
TRP:
1.40
MPLX:
1.59
TRP:
1.43
MPLX:
4.73
TRP:
9.81
MPLX:
17.75
TRP:
4.35%
MPLX:
2.85%
TRP:
17.98%
MPLX:
14.57%
TRP:
-57.46%
MPLX:
-85.72%
TRP:
-4.43%
MPLX:
-0.99%
Fundamentals
TRP:
$47.92B
MPLX:
$52.11B
TRP:
$3.42
MPLX:
$4.27
TRP:
13.50
MPLX:
11.98
TRP:
1.62
MPLX:
2.41
TRP:
$12.25B
MPLX:
$8.11B
TRP:
$5.55B
MPLX:
$3.61B
TRP:
$5.68B
MPLX:
$4.59B
Returns By Period
In the year-to-date period, TRP achieves a 1.87% return, which is significantly lower than MPLX's 6.87% return. Over the past 10 years, TRP has outperformed MPLX with an annualized return of 8.54%, while MPLX has yielded a comparatively lower 4.94% annualized return.
TRP
1.87%
6.44%
30.19%
43.11%
6.60%
8.54%
MPLX
6.87%
10.21%
23.61%
50.60%
26.70%
4.94%
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Risk-Adjusted Performance
TRP vs. MPLX — Risk-Adjusted Performance Rank
TRP
MPLX
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.
Dividends
TRP vs. MPLX - Dividend Comparison
TRP's dividend yield for the trailing twelve months is around 5.32%, less than MPLX's 6.86% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRP TC Energy Corporation | 5.32% | 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 | 6.86% | 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.
Volatility
TRP vs. MPLX - Volatility Comparison
TC Energy Corporation (TRP) and MPLX LP (MPLX) have volatilities of 5.73% and 5.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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.
Total Revenue: Total amount of money received from sales and other business activities