Real Estate - 10.25.24
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ALX Alexander's, Inc. | Real Estate | 8.33% |
DLR Digital Realty Trust, Inc. | Real Estate | 8.33% |
ESS Essex Property Trust, Inc. | Real Estate | 8.33% |
FRT Federal Realty Investment Trust | Real Estate | 8.33% |
IIPR Innovative Industrial Properties, Inc. | Real Estate | 8.33% |
IRM Iron Mountain Incorporated | Real Estate | 8.33% |
MAA Mid-America Apartment Communities, Inc. | Real Estate | 8.33% |
NHI National Health Investors, Inc. | Real Estate | 8.33% |
O Realty Income Corporation | Real Estate | 8.33% |
PLD Prologis, Inc. | Real Estate | 8.33% |
PSA Public Storage | Real Estate | 8.33% |
SPG Simon Property Group, Inc. | Real Estate | 8.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Real Estate - 10.25.24, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Dec 1, 2016, corresponding to the inception date of IIPR
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.48% | 2.14% | 12.76% | 33.14% | 13.96% | 11.39% |
| Real Estate - 10.25.24 | 22.50% | -0.95% | 16.15% | 39.17% | 11.01% | N/A |
| Portfolio components: | ||||||
ESS Essex Property Trust, Inc. | 27.42% | 5.47% | 16.73% | 47.52% | 2.78% | 7.78% |
MAA Mid-America Apartment Communities, Inc. | 25.20% | 6.14% | 19.54% | 35.60% | 6.80% | 12.53% |
O Realty Income Corporation | 3.81% | -7.98% | 6.11% | 15.38% | -0.78% | 7.32% |
IRM Iron Mountain Incorporated | 69.37% | -4.31% | 42.78% | 93.39% | 35.51% | 18.85% |
SPG Simon Property Group, Inc. | 30.54% | 4.36% | 22.34% | 56.41% | 8.91% | 5.00% |
ALX Alexander's, Inc. | 12.32% | -1.93% | 5.30% | 21.59% | -0.05% | -0.56% |
FRT Federal Realty Investment Trust | 14.19% | 2.28% | 13.05% | 25.54% | 1.29% | 2.17% |
NHI National Health Investors, Inc. | 45.57% | 2.34% | 20.20% | 53.72% | 6.11% | 7.83% |
PSA Public Storage | 13.13% | -2.55% | 19.13% | 34.16% | 14.24% | 10.26% |
DLR Digital Realty Trust, Inc. | 35.62% | 9.97% | 25.12% | 37.13% | 12.40% | 14.35% |
IIPR Innovative Industrial Properties, Inc. | 7.38% | -22.03% | -5.92% | 38.30% | 9.84% | N/A |
PLD Prologis, Inc. | -10.48% | -3.23% | 7.69% | 9.84% | 8.29% | 14.36% |
Monthly Returns
The table below presents the monthly returns of Real Estate - 10.25.24, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.37% | 3.61% | 3.72% | -4.16% | 3.69% | 4.55% | 6.72% | 6.66% | 3.35% | -3.45% | 22.50% | ||
| 2023 | 8.26% | -4.43% | -4.36% | -0.43% | -3.48% | 7.16% | 4.40% | -1.06% | -6.81% | -2.54% | 8.51% | 12.16% | 16.35% |
| 2022 | -7.69% | -4.30% | 7.00% | -6.30% | -4.84% | -7.07% | 6.43% | -3.69% | -11.68% | 8.08% | 5.90% | -6.13% | -23.83% |
| 2021 | 2.26% | 4.58% | 4.43% | 7.52% | 0.55% | 2.21% | 5.31% | 3.07% | -5.78% | 8.68% | 0.22% | 8.78% | 49.55% |
| 2020 | 2.76% | -4.95% | -19.48% | 8.90% | -1.23% | 3.67% | 4.00% | 3.40% | -2.51% | -2.10% | 12.36% | 4.55% | 5.73% |
| 2019 | 11.99% | 4.10% | 3.50% | -1.15% | -0.05% | 5.39% | -0.77% | 2.82% | 1.68% | -0.79% | -2.57% | -0.80% | 25.00% |
| 2018 | -5.67% | -6.67% | 5.18% | 3.33% | 3.15% | 3.46% | -0.01% | 5.57% | -2.06% | -3.37% | 6.76% | -5.92% | 2.45% |
| 2017 | 0.91% | 1.93% | -1.48% | 0.77% | -0.23% | 1.42% | 2.31% | 0.88% | 1.11% | -0.82% | 1.30% | 4.93% | 13.68% |
| 2016 | 5.70% | 5.70% |
Expense Ratio
Real Estate - 10.25.24 has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Real Estate - 10.25.24 is 48, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. 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 | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
ESS Essex Property Trust, Inc. | 2.50 | 3.39 | 1.41 | 1.46 | 13.32 |
MAA Mid-America Apartment Communities, Inc. | 1.95 | 2.86 | 1.33 | 0.94 | 9.32 |
O Realty Income Corporation | 1.13 | 1.68 | 1.21 | 0.80 | 2.98 |
IRM Iron Mountain Incorporated | 3.98 | 4.36 | 1.64 | 9.59 | 33.12 |
SPG Simon Property Group, Inc. | 2.88 | 3.87 | 1.48 | 3.10 | 17.36 |
ALX Alexander's, Inc. | 0.97 | 1.54 | 1.18 | 0.71 | 4.78 |
FRT Federal Realty Investment Trust | 1.64 | 2.37 | 1.29 | 1.05 | 8.91 |
NHI National Health Investors, Inc. | 2.88 | 3.80 | 1.47 | 2.36 | 16.67 |
PSA Public Storage | 1.78 | 2.45 | 1.31 | 1.24 | 5.61 |
DLR Digital Realty Trust, Inc. | 1.67 | 2.38 | 1.31 | 2.24 | 8.80 |
IIPR Innovative Industrial Properties, Inc. | 1.55 | 2.07 | 1.29 | 0.70 | 8.04 |
PLD Prologis, Inc. | 0.67 | 1.10 | 1.14 | 0.46 | 1.53 |
Dividends
Dividend yield
Real Estate - 10.25.24 provided a 4.36% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.36% | 4.87% | 5.35% | 3.50% | 4.66% | 4.15% | 4.28% | 3.73% | 3.45% | 3.66% | 3.39% | 3.84% |
| Portfolio components: | ||||||||||||
ESS Essex Property Trust, Inc. | 3.14% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% | 2.47% | 3.37% |
MAA Mid-America Apartment Communities, Inc. | 3.64% | 4.16% | 2.98% | 2.25% | 3.16% | 2.91% | 3.86% | 3.46% | 3.35% | 3.39% | 3.91% | 4.58% |
O Realty Income Corporation | 5.48% | 5.33% | 4.68% | 3.87% | 4.50% | 3.69% | 4.18% | 4.45% | 4.18% | 4.41% | 4.59% | 5.83% |
IRM Iron Mountain Incorporated | 2.30% | 3.63% | 4.97% | 4.73% | 8.40% | 7.69% | 7.33% | 5.93% | 6.17% | 7.07% | 6.05% | 4.52% |
SPG Simon Property Group, Inc. | 4.41% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% | 3.06% |
ALX Alexander's, Inc. | 8.12% | 8.43% | 8.18% | 6.92% | 6.49% | 5.45% | 5.91% | 4.29% | 3.75% | 3.64% | 2.97% | 3.33% |
FRT Federal Realty Investment Trust | 3.83% | 4.21% | 4.26% | 3.12% | 4.96% | 3.22% | 3.42% | 2.98% | 2.70% | 2.48% | 2.47% | 2.98% |
NHI National Health Investors, Inc. | 4.60% | 6.45% | 6.89% | 6.62% | 6.38% | 5.15% | 5.30% | 5.04% | 4.85% | 5.59% | 4.40% | 5.56% |
PSA Public Storage | 3.58% | 3.93% | 7.55% | 2.14% | 3.46% | 3.76% | 3.95% | 3.83% | 3.27% | 2.62% | 3.03% | 3.42% |
DLR Digital Realty Trust, Inc. | 2.74% | 3.63% | 4.87% | 2.62% | 3.21% | 3.61% | 3.79% | 3.27% | 3.58% | 5.62% | 5.01% | 6.35% |
IIPR Innovative Industrial Properties, Inc. | 7.22% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% | 0.00% | 0.00% | 0.00% |
PLD Prologis, Inc. | 3.22% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% | 2.73% | 3.18% | 3.54% | 3.07% | 3.03% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Real Estate - 10.25.24. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Real Estate - 10.25.24 was 40.81%, occurring on Mar 23, 2020. Recovery took 213 trading sessions.
The current Real Estate - 10.25.24 drawdown is 4.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.81% | Feb 24, 2020 | 21 | Mar 23, 2020 | 213 | Jan 26, 2021 | 234 |
| -31.28% | Jan 3, 2022 | 198 | Oct 14, 2022 | 438 | Jul 16, 2024 | 636 |
| -14.81% | Jan 3, 2018 | 26 | Feb 8, 2018 | 94 | Jun 25, 2018 | 120 |
| -11.14% | Dec 7, 2018 | 12 | Dec 24, 2018 | 21 | Jan 25, 2019 | 33 |
| -8.34% | Oct 22, 2019 | 40 | Dec 17, 2019 | 39 | Feb 13, 2020 | 79 |
Volatility
Volatility Chart
The current Real Estate - 10.25.24 volatility is 5.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| IIPR | ALX | DLR | PSA | IRM | NHI | SPG | PLD | ESS | O | FRT | MAA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IIPR | 1.00 | 0.30 | 0.32 | 0.26 | 0.31 | 0.30 | 0.35 | 0.38 | 0.36 | 0.31 | 0.36 | 0.34 |
| ALX | 0.30 | 1.00 | 0.29 | 0.32 | 0.39 | 0.47 | 0.48 | 0.40 | 0.44 | 0.45 | 0.52 | 0.42 |
| DLR | 0.32 | 0.29 | 1.00 | 0.50 | 0.49 | 0.40 | 0.35 | 0.58 | 0.49 | 0.49 | 0.42 | 0.53 |
| PSA | 0.26 | 0.32 | 0.50 | 1.00 | 0.49 | 0.45 | 0.38 | 0.59 | 0.56 | 0.58 | 0.47 | 0.62 |
| IRM | 0.31 | 0.39 | 0.49 | 0.49 | 1.00 | 0.46 | 0.52 | 0.54 | 0.52 | 0.54 | 0.58 | 0.54 |
| NHI | 0.30 | 0.47 | 0.40 | 0.45 | 0.46 | 1.00 | 0.52 | 0.50 | 0.57 | 0.63 | 0.60 | 0.55 |
| SPG | 0.35 | 0.48 | 0.35 | 0.38 | 0.52 | 0.52 | 1.00 | 0.51 | 0.53 | 0.58 | 0.76 | 0.51 |
| PLD | 0.38 | 0.40 | 0.58 | 0.59 | 0.54 | 0.50 | 0.51 | 1.00 | 0.63 | 0.61 | 0.56 | 0.67 |
| ESS | 0.36 | 0.44 | 0.49 | 0.56 | 0.52 | 0.57 | 0.53 | 0.63 | 1.00 | 0.62 | 0.62 | 0.79 |
| O | 0.31 | 0.45 | 0.49 | 0.58 | 0.54 | 0.63 | 0.58 | 0.61 | 0.62 | 1.00 | 0.69 | 0.66 |
| FRT | 0.36 | 0.52 | 0.42 | 0.47 | 0.58 | 0.60 | 0.76 | 0.56 | 0.62 | 0.69 | 1.00 | 0.61 |
| MAA | 0.34 | 0.42 | 0.53 | 0.62 | 0.54 | 0.55 | 0.51 | 0.67 | 0.79 | 0.66 | 0.61 | 1.00 |