MPLX vs SPY

Comparison between MPLX LP (MPLX, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceMPLX has outperformed SPY, delivering a return of +24.4% compared to +13.3%

MPLX vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MPLX(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$56B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	89.81%	56.47%
Sharpe Ratio	1.06	2.07
5Y Beta	0.43	1.00
Industry	Oil & Gas Midstream	N/A
P/E Ratio	11.95	28.24
Forward P/E	12.06	21.85
PEG Ratio	1.96	N/A
Dividend Yield	7.18%	N/A
5Y Dividends CAGR	13.34%	5.43%
5Y EPS CAGR	14.12%	25.79%
Debt to Equity	N/A	22.35%
Free Cash Flow Yield	6.89%	N/A
P/S Ratio	4.78	3.55
P/B Ratio	4.06	5.29

Market Cap / Net Assets

MPLX

$56B

Winner

SPY

$652B

Expense Ratio

MPLX

N/A

SPY

0.09%

Max Drawdown

MPLX

89.81%

Winner

SPY

56.47%

Sharpe Ratio

MPLX

1.06

Winner

SPY

2.07

5Y Beta

Winner

MPLX

0.43

SPY

1.00

Industry

MPLX

Oil & Gas Midstream

SPY

N/A

P/E Ratio

Winner

MPLX

11.95

SPY

28.24

Forward P/E

Winner

MPLX

12.06

SPY

21.85

PEG Ratio

MPLX

1.96

SPY

N/A

Dividend Yield

MPLX

7.18%

SPY

N/A

5Y Dividends CAGR

Winner

MPLX

13.34%

SPY

5.43%

5Y EPS CAGR

MPLX

14.12%

Winner

SPY

25.79%

Debt to Equity

MPLX

N/A

SPY

22.35%

Free Cash Flow Yield

MPLX

6.89%

SPY

N/A

P/S Ratio

MPLX

4.78

Winner

SPY

3.55

P/B Ratio

Winner

MPLX

4.06

SPY

5.29

MPLX vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	MPLX	SPY
1 month	-1.46%	+9.11%
3 months	+0.12%	+6.59%
6 months	+9.53%	+10.56%
1 year	+19.72%	+32.04%
5 years(CAGR)	+24.36%	+13.35%
10 years(CAGR)	+15.97%	+15.49%
Max(CAGR)	+13.33%	+8.50%

MPLX

-1.46%

Winner

SPY

+9.11%

MPLX

+0.12%

Winner

SPY

+6.59%

MPLX

+9.53%

Winner

SPY

+10.56%

MPLX

+19.72%

Winner

SPY

+32.04%

5Y(CAGR)

Winner

MPLX

+24.36%

SPY

+13.35%

10Y(CAGR)

Winner

MPLX

+15.97%

SPY

+15.49%

Max(CAGR)

Winner

MPLX

+13.33%

SPY

+8.50%

MPLX vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MPLX	SPY
2026	+4.24%	+8.27%
2025	+18.54%	+18.00%
2024	+41.97%	+25.59%
2023	+23.41%	+26.72%
2022	+19.83%	-18.64%
2021	+51.58%	+30.52%
2020	-3.49%	+17.28%
2019	-9.48%	+31.09%
2018	-9.83%	-5.24%
2017	+7.29%	+20.78%
2016	-6.07%	+13.59%
2015	-46.60%	+1.31%
2014	+78.68%	+14.56%
2013	+39.49%	+29.00%
2012	+14.67%	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

MPLX vs SPY Drawdown Comparison

The maximum drawdown for MPLX was -85.70%, occurring on Mar 18, 2020. Recovery took 2246 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current MPLX drawdown is -6.92%.

Rank	MPLX	SPY
#1	-85.70% Mar 2, 2015 - Feb 1, 2024	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-24.13% Sep 9, 2014 - Oct 31, 2014	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-14.58% Mar 17, 2025 - Nov 10, 2025	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-14.51% Nov 26, 2014 - Dec 30, 2014	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-14.00% Jul 2, 2014 - Sep 9, 2014	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-11.81% May 23, 2013 - Dec 2, 2013	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-10.69% Nov 29, 2024 - Jan 21, 2025	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-9.99% Feb 19, 2013 - Mar 7, 2013	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-9.84% Jan 2, 2015 - Jan 23, 2015	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-9.18% Dec 31, 2013 - Jan 27, 2014	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-8.04% Mar 12, 2013 - Apr 24, 2013	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-7.71% Mar 24, 2026 - Apr 27, 2026	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-6.55% Dec 4, 2025 - Jan 15, 2026	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-6.35% Apr 4, 2024 - May 7, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-6.29% Apr 29, 2013 - May 23, 2013	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between MPLX and SPY is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (1999 - 2026)

MPLX vs SPY dividend yield comparison.

Year	MPLX	SPY
2026	3.99%	0.24%
2025	7.39%	1.07%
2024	7.33%	1.21%
2023	8.65%	1.40%
2022	8.80%	1.65%
2021	11.30%	1.20%
2020	12.70%	1.52%
2019	10.41%	1.75%
2018	8.22%	2.04%
2017	6.23%	1.80%
2016	5.86%	2.03%
2015	4.33%	2.06%
2014	1.82%	1.87%
2013	2.32%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%