AIRE.L vs. NRR.L
AIRE.L (Alternative Income REIT plc) and NRR.L (NewRiver REIT plc) are both stocks. Both are in the Real Estate sector — AIRE.L in REIT - Diversified, NRR.L in REIT - Retail. Over the past 5 years, AIRE.L returned 7.22%/yr vs 2.78%/yr for NRR.L. At a 0.10 correlation, their price movements are largely independent.
Performance
AIRE.L vs. NRR.L - Performance Comparison
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Returns By Period
In the year-to-date period, AIRE.L achieves a -4.12% return, which is significantly lower than NRR.L's 9.55% return.
AIRE.L
- 1D
- 1.04%
- 1M
- -6.04%
- YTD
- -4.12%
- 6M
- 0.38%
- 1Y
- -0.70%
- 3Y*
- 8.28%
- 5Y*
- 7.22%
- 10Y*
- —
NRR.L
- 1D
- 0.93%
- 1M
- -0.39%
- YTD
- 9.55%
- 6M
- 7.48%
- 1Y
- 5.09%
- 3Y*
- 4.44%
- 5Y*
- 2.78%
- 10Y*
- -6.74%
AIRE.L vs. NRR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIRE.L Alternative Income REIT plc | -4.12% | 13.51% | 7.73% | 17.62% | -0.92% | 29.58% | -11.21% | -11.75% | -8.62% | 2.37% |
NRR.L NewRiver REIT plc | 9.55% | 3.12% | -3.46% | 13.82% | -4.09% | 12.94% | -57.81% | 5.20% | -31.21% | 0.22% |
Correlation
The correlation between AIRE.L and NRR.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2017 | 0.10 |
Fundamentals
AIRE.L:
£0.12
NRR.L:
£0.08
AIRE.L:
5.69
NRR.L:
9.27
AIRE.L:
0.08
NRR.L:
0.09
AIRE.L:
3.32
NRR.L:
2.33
AIRE.L:
£16.47M
NRR.L:
£151.60M
AIRE.L:
£14.83M
NRR.L:
£56.20M
AIRE.L:
£951.00K
NRR.L:
£60.00M
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Return for Risk
AIRE.L vs. NRR.L — Risk / Return Rank
AIRE.L
NRR.L
AIRE.L vs. NRR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alternative Income REIT plc (AIRE.L) and NewRiver REIT plc (NRR.L). 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.
| AIRE.L | NRR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.06 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | 0.35 | -0.31 |
| Martin ratioReturn relative to average drawdown | 0.09 | 0.77 | -0.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIRE.L | NRR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.02 | 0.22 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.10 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | -0.05 | +0.20 |
Drawdowns
AIRE.L vs. NRR.L - Drawdown Comparison
The maximum AIRE.L drawdown since its inception was -51.14%, smaller than the maximum NRR.L drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for AIRE.L and NRR.L.
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Drawdown Indicators
| AIRE.L | NRR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.14% | -84.84% | +33.70% |
Max Drawdown (1Y)Largest decline over 1 year | -14.30% | -13.86% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -17.82% | -22.34% | +4.52% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -29.16% | +0.52% |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.84% | — |
Current DrawdownCurrent decline from peak | -12.88% | -61.24% | +48.36% |
Average DrawdownAverage peak-to-trough decline | -11.83% | -36.89% | +25.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.97% | 6.23% | -0.26% |
Volatility
AIRE.L vs. NRR.L - Volatility Comparison
Alternative Income REIT plc (AIRE.L) has a higher volatility of 10.62% compared to NewRiver REIT plc (NRR.L) at 4.77%. This indicates that AIRE.L's price experiences larger fluctuations and is considered to be riskier than NRR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIRE.L | NRR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.62% | 4.77% | +5.85% |
Volatility (6M)Calculated over the trailing 6-month period | 20.73% | 15.52% | +5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.10% | 22.30% | +2.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.35% | 27.02% | -7.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 36.79% | -17.15% |
Dividends
AIRE.L vs. NRR.L - Dividend Comparison
AIRE.L's dividend yield for the trailing twelve months is around 8.46%, less than NRR.L's 8.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIRE.L Alternative Income REIT plc | 8.46% | 8.22% | 8.53% | 8.52% | 8.36% | 7.19% | 8.12% | 7.51% | 4.64% | 0.49% | 0.00% | 0.00% |
NRR.L NewRiver REIT plc | 8.72% | 9.55% | 8.46% | 8.02% | 8.72% | 8.06% | 0.00% | 10.77% | 10.14% | 7.12% | 7.30% | 6.51% |
Financials
AIRE.L vs. NRR.L - Financials Comparison
This section allows you to compare key financial metrics between Alternative Income REIT plc and NewRiver REIT plc. 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
Frequently Asked Questions
AIRE.L and NRR.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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