VZ vs. PSX
VZ (Verizon Communications Inc.) and PSX (Phillips 66) are both stocks. VZ operates in Telecom Services (Communication Services), while PSX operates in Oil & Gas Refining & Marketing (Energy). Over the past 10 years, VZ returned 4.07%/yr vs 12.61%/yr for PSX. At a 0.22 correlation, their price movements are largely independent.
Performance
VZ vs. PSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VZ achieves a 15.03% return, which is significantly lower than PSX's 44.08% return. Over the past 10 years, VZ has underperformed PSX with an annualized return of 4.07%, while PSX has yielded a comparatively higher 12.61% annualized return.
VZ
- 1D
- 1.11%
- 1M
- -3.92%
- YTD
- 15.03%
- 6M
- 12.38%
- 1Y
- 10.56%
- 3Y*
- 16.97%
- 5Y*
- 1.55%
- 10Y*
- 4.07%
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%
VZ vs. PSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VZ Verizon Communications Inc. | 15.03% | 8.86% | 13.14% | 2.71% | -20.02% | -7.55% | -0.13% | 13.83% | 11.26% | 3.97% |
PSX Phillips 66 | 44.08% | 17.51% | -11.63% | 33.07% | 49.58% | 8.51% | -33.85% | 33.97% | -12.28% | 20.94% |
Correlation
The correlation between VZ and PSX 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 | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 2, 2012 | 0.22 |
Fundamentals
VZ:
$191.01B
PSX:
$73.83B
VZ:
$4.10
PSX:
$10.17
VZ:
11.06
PSX:
18.00
VZ:
1.38
PSX:
0.55
VZ:
1.85
PSX:
2.59
VZ:
$139.15B
PSX:
$134.70B
VZ:
$81.89B
PSX:
$5.94B
VZ:
$48.65B
PSX:
$9.17B
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
VZ vs. PSX — Risk / Return Rank
VZ
PSX
VZ vs. PSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Verizon Communications Inc. (VZ) and Phillips 66 (PSX). 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.
| VZ | PSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.38 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 4.00 | -3.11 |
| Martin ratioReturn relative to average drawdown | 1.91 | 11.57 | -9.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VZ | PSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 2.34 | -1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.58 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.36 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.50 | -0.31 |
Drawdowns
VZ vs. PSX - Drawdown Comparison
The maximum VZ drawdown since its inception was -50.66%, smaller than the maximum PSX drawdown of -64.21%. Use the drawdown chart below to compare losses from any high point for VZ and PSX.
Loading charts...
Drawdown Indicators
| VZ | PSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.66% | -64.21% | +13.55% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -17.28% | +3.96% |
Max Drawdown (3Y)Largest decline over 3 years | -14.93% | -44.37% | +29.44% |
Max Drawdown (5Y)Largest decline over 5 years | -38.38% | -44.37% | +5.99% |
Max Drawdown (10Y)Largest decline over 10 years | -41.21% | -64.21% | +23.00% |
Current DrawdownCurrent decline from peak | -10.37% | -2.06% | -8.31% |
Average DrawdownAverage peak-to-trough decline | -14.83% | -14.74% | -0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.20% | 5.96% | +0.24% |
Volatility
VZ vs. PSX - Volatility Comparison
The current volatility for Verizon Communications Inc. (VZ) is 6.17%, while Phillips 66 (PSX) has a volatility of 8.15%. This indicates that VZ experiences smaller price fluctuations and is considered to be less risky than PSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VZ | PSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.17% | 8.15% | -1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 17.96% | 23.59% | -5.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.57% | 29.47% | -6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.60% | 33.19% | -11.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.35% | 35.31% | -14.96% |
Dividends
VZ vs. PSX - Dividend Comparison
VZ's dividend yield for the trailing twelve months is around 6.09%, more than PSX's 2.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VZ Verizon Communications Inc. | 6.09% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Financials
VZ vs. PSX - Financials Comparison
This section allows you to compare key financial metrics between Verizon Communications Inc. and Phillips 66. 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
VZ vs. PSX - Profitability Comparison
VZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Verizon Communications Inc. reported a gross profit of 20.77B and revenue of 34.44B. Therefore, the gross margin over that period was 60.3%.
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%.
VZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Verizon Communications Inc. reported an operating income of 8.24B and revenue of 34.44B, resulting in an operating margin of 23.9%.
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%.
VZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Verizon Communications Inc. reported a net income of 5.05B and revenue of 34.44B, resulting in a net margin of 14.7%.
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%.
Frequently Asked Questions
VZ and PSX 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 VZ (6.17%). In terms of maximum drawdown, VZ dropped -50.66% vs PSX's -64.21%.
PSX currently has the higher Sharpe Ratio (2.34 vs 0.53), 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 VZ and PSX
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