Real Estate - 10.28.24
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Real Estate - 10.28.24, 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 - 10.28.24 | 24.39% | -1.53% | 16.26% | 39.21% | 12.60% | N/A |
| Portfolio components: | ||||||
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% |
PSA Public Storage | 13.13% | -2.55% | 19.13% | 34.16% | 14.24% | 10.26% |
O Realty Income Corporation | 3.81% | -7.98% | 6.11% | 15.38% | -0.78% | 7.32% |
IIPR Innovative Industrial Properties, Inc. | 7.38% | -22.03% | -5.92% | 38.30% | 9.84% | N/A |
EQIX Equinix, Inc. | 14.16% | 4.55% | 13.01% | 16.97% | 12.48% | 17.82% |
FRT Federal Realty Investment Trust | 14.19% | 2.28% | 13.05% | 25.54% | 1.29% | 2.17% |
DLR Digital Realty Trust, Inc. | 35.62% | 9.97% | 25.12% | 37.13% | 12.40% | 14.35% |
NHI National Health Investors, Inc. | 45.57% | 2.34% | 20.20% | 53.72% | 6.11% | 7.83% |
ALX Alexander's, Inc. | 12.32% | -1.93% | 5.30% | 21.59% | -0.05% | -0.56% |
Monthly Returns
The table below presents the monthly returns of Real Estate - 10.28.24, 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 | -2.16% | 4.71% | 2.67% | -4.26% | 3.59% | 3.87% | 7.16% | 6.11% | 5.03% | -2.08% | 24.39% | ||
| 2023 | 8.33% | -5.23% | -3.61% | -1.29% | -3.17% | 7.92% | 5.10% | -1.04% | -5.86% | -1.36% | 9.58% | 10.24% | 19.08% |
| 2022 | -8.47% | -4.12% | 6.58% | -6.76% | -1.86% | -7.14% | 5.49% | -2.57% | -12.10% | 9.34% | 8.04% | -6.65% | -20.81% |
| 2021 | 2.06% | 3.90% | 3.49% | 6.98% | 0.44% | 2.65% | 3.42% | 3.49% | -6.39% | 7.83% | -0.51% | 8.13% | 40.66% |
| 2020 | 2.22% | -3.83% | -17.84% | 8.35% | -1.72% | 4.88% | 4.57% | 4.90% | -2.65% | -3.09% | 11.52% | 6.02% | 10.36% |
| 2019 | 12.04% | 5.06% | 3.61% | -1.86% | 0.36% | 5.51% | -1.48% | 2.74% | 1.64% | -2.20% | -2.83% | 0.21% | 24.17% |
| 2018 | -6.08% | -7.30% | 4.95% | 3.67% | 3.16% | 3.78% | 0.06% | 5.90% | -2.47% | -4.81% | 6.89% | -5.37% | 0.91% |
| 2017 | 3.18% | 0.47% | -1.20% | 0.48% | -0.66% | 0.28% | 2.82% | 0.65% | 1.06% | -0.75% | 1.97% | 6.16% | 15.18% |
| 2016 | 4.99% | 4.99% |
Expense Ratio
Real Estate - 10.28.24 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 - 10.28.24 is 61, 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 | |
|---|---|---|---|---|---|
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 |
PSA Public Storage | 1.78 | 2.45 | 1.31 | 1.24 | 5.61 |
O Realty Income Corporation | 1.13 | 1.68 | 1.21 | 0.80 | 2.98 |
IIPR Innovative Industrial Properties, Inc. | 1.55 | 2.07 | 1.29 | 0.70 | 8.04 |
EQIX Equinix, Inc. | 0.88 | 1.52 | 1.18 | 0.88 | 2.05 |
FRT Federal Realty Investment Trust | 1.64 | 2.37 | 1.29 | 1.05 | 8.91 |
DLR Digital Realty Trust, Inc. | 1.67 | 2.38 | 1.31 | 2.24 | 8.80 |
NHI National Health Investors, Inc. | 2.88 | 3.80 | 1.47 | 2.36 | 16.67 |
ALX Alexander's, Inc. | 0.97 | 1.54 | 1.18 | 0.71 | 4.78 |
Dividends
Dividend yield
Real Estate - 10.28.24 provided a 4.42% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 4.42% | 4.98% | 5.62% | 3.72% | 4.84% | 4.36% | 4.38% | 3.74% | 3.41% | 4.04% | 3.46% | 3.51% |
| Portfolio components: | ||||||||||||
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% |
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% |
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% |
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% |
EQIX Equinix, Inc. | 1.89% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% | 3.34% | 0.00% |
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% |
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% |
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% |
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% |
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 - 10.28.24. 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 - 10.28.24 was 39.16%, occurring on Mar 23, 2020. Recovery took 186 trading sessions.
The current Real Estate - 10.28.24 drawdown is 3.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.16% | Feb 24, 2020 | 21 | Mar 23, 2020 | 186 | Dec 15, 2020 | 207 |
| -30.38% | Jan 3, 2022 | 198 | Oct 14, 2022 | 397 | May 15, 2024 | 595 |
| -15.45% | Jan 3, 2018 | 26 | Feb 8, 2018 | 95 | Jun 26, 2018 | 121 |
| -10.89% | Dec 7, 2018 | 12 | Dec 24, 2018 | 21 | Jan 25, 2019 | 33 |
| -9.61% | Jun 21, 2019 | 125 | Dec 17, 2019 | 40 | Feb 14, 2020 | 165 |
Volatility
Volatility Chart
The current Real Estate - 10.28.24 volatility is 5.50%, 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 | EQIX | PSA | DLR | NHI | IRM | SPG | O | FRT | |
|---|---|---|---|---|---|---|---|---|---|---|
| IIPR | 1.00 | 0.30 | 0.32 | 0.26 | 0.32 | 0.30 | 0.31 | 0.35 | 0.31 | 0.36 |
| ALX | 0.30 | 1.00 | 0.26 | 0.32 | 0.29 | 0.47 | 0.39 | 0.48 | 0.45 | 0.52 |
| EQIX | 0.32 | 0.26 | 1.00 | 0.46 | 0.72 | 0.35 | 0.45 | 0.29 | 0.44 | 0.36 |
| PSA | 0.26 | 0.32 | 0.46 | 1.00 | 0.50 | 0.45 | 0.49 | 0.38 | 0.58 | 0.47 |
| DLR | 0.32 | 0.29 | 0.72 | 0.50 | 1.00 | 0.40 | 0.49 | 0.35 | 0.49 | 0.42 |
| NHI | 0.30 | 0.47 | 0.35 | 0.45 | 0.40 | 1.00 | 0.46 | 0.52 | 0.63 | 0.60 |
| IRM | 0.31 | 0.39 | 0.45 | 0.49 | 0.49 | 0.46 | 1.00 | 0.52 | 0.54 | 0.58 |
| SPG | 0.35 | 0.48 | 0.29 | 0.38 | 0.35 | 0.52 | 0.52 | 1.00 | 0.58 | 0.76 |
| O | 0.31 | 0.45 | 0.44 | 0.58 | 0.49 | 0.63 | 0.54 | 0.58 | 1.00 | 0.69 |
| FRT | 0.36 | 0.52 | 0.36 | 0.47 | 0.42 | 0.60 | 0.58 | 0.76 | 0.69 | 1.00 |