ALX vs. AMT
ALX (Alexander's, Inc.) and AMT (American Tower Corporation) are both stocks. Both are in the Real Estate sector — ALX in REIT - Retail, AMT in REIT - Specialty. Over the past 10 years, ALX returned 3.38%/yr vs 7.89%/yr for AMT. At a 0.26 correlation, their price movements are largely independent.
Performance
ALX vs. AMT - Performance Comparison
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Returns By Period
In the year-to-date period, ALX achieves a 26.50% return, which is significantly higher than AMT's 4.18% return. Over the past 10 years, ALX has underperformed AMT with an annualized return of 3.38%, while AMT has yielded a comparatively higher 7.89% annualized return.
ALX
- 1D
- 1.36%
- 1M
- 7.81%
- YTD
- 26.50%
- 6M
- 28.52%
- 1Y
- 25.76%
- 3Y*
- 24.18%
- 5Y*
- 7.51%
- 10Y*
- 3.38%
AMT
- 1D
- 1.67%
- 1M
- -1.50%
- YTD
- 4.18%
- 6M
- 5.83%
- 1Y
- -15.94%
- 3Y*
- 2.32%
- 5Y*
- -4.51%
- 10Y*
- 7.89%
ALX vs. AMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALX Alexander's, Inc. | 26.50% | 18.43% | 1.40% | 6.35% | -9.12% | 0.20% | -10.24% | 14.13% | -19.06% | -3.48% |
AMT American Tower Corporation | 4.18% | -0.92% | -12.16% | 5.37% | -25.67% | 32.89% | -0.48% | 47.87% | 13.32% | 37.71% |
Correlation
The correlation between ALX and AMT is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 1998 | 0.26 |
The correlation between ALX and AMT shifts across timeframes, from 0.12 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALX:
$1.36B
AMT:
$83.74B
ALX:
$4.01
AMT:
$6.14
ALX:
66.26
AMT:
29.19
ALX:
6.44
AMT:
7.77
ALX:
$211.68M
AMT:
$10.82B
ALX:
$134.57M
AMT:
$7.94B
ALX:
$107.52M
AMT:
$6.71B
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Return for Risk
ALX vs. AMT — Risk / Return Rank
ALX
AMT
ALX vs. AMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alexander's, Inc. (ALX) and American Tower Corporation (AMT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALX | AMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.91 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | -0.60 | +2.07 |
| Martin ratioReturn relative to average drawdown | 3.26 | -0.86 | +4.12 |
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Drawdowns
ALX vs. AMT - Drawdown Comparison
The maximum ALX drawdown since its inception was -88.76%, smaller than the maximum AMT drawdown of -98.70%. Use the drawdown chart below to compare losses from any high point for ALX and AMT.
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Drawdown Indicators
| ALX | AMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.76% | -98.70% | +9.94% |
Max Drawdown (1Y)Largest decline over 1 year | -17.64% | -26.67% | +9.03% |
Max Drawdown (3Y)Largest decline over 3 years | -23.17% | -27.54% | +4.37% |
Max Drawdown (5Y)Largest decline over 5 years | -37.38% | -45.34% | +7.96% |
Max Drawdown (10Y)Largest decline over 10 years | -47.90% | -45.34% | -2.56% |
Current DrawdownCurrent decline from peak | -0.91% | -30.93% | +30.02% |
Average DrawdownAverage peak-to-trough decline | -20.26% | -27.02% | +6.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.91% | 18.64% | -10.73% |
Volatility
ALX vs. AMT - Volatility Comparison
The current volatility for Alexander's, Inc. (ALX) is 6.83%, while American Tower Corporation (AMT) has a volatility of 8.61%. This indicates that ALX experiences smaller price fluctuations and is considered to be less risky than AMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALX | AMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.83% | 8.61% | -1.78% |
Volatility (6M)Calculated over the trailing 6-month period | 21.68% | 19.60% | +2.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.78% | 24.44% | +6.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.05% | 26.44% | -0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.75% | 26.22% | -0.47% |
Dividends
ALX vs. AMT - Dividend Comparison
ALX's dividend yield for the trailing twelve months is around 6.78%, more than AMT's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALX Alexander's, Inc. | 6.78% | 8.26% | 9.00% | 8.43% | 8.18% | 6.92% | 6.49% | 5.45% | 5.91% | 4.29% | 3.75% | 3.64% |
AMT American Tower Corporation | 3.89% | 3.87% | 3.53% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% |
Financials
ALX vs. AMT - Financials Comparison
This section allows you to compare key financial metrics between Alexander's, Inc. and American Tower Corporation. 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
ALX vs. AMT - Profitability Comparison
ALX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alexander's, Inc. reported a gross profit of 24.43M and revenue of 53.41M. Therefore, the gross margin over that period was 45.7%.
AMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Tower Corporation reported a gross profit of 2.02B and revenue of 2.74B. Therefore, the gross margin over that period was 73.9%.
ALX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alexander's, Inc. reported an operating income of 13.95M and revenue of 53.41M, resulting in an operating margin of 26.1%.
AMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Tower Corporation reported an operating income of 1.16B and revenue of 2.74B, resulting in an operating margin of 42.4%.
ALX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alexander's, Inc. reported a net income of 4.66M and revenue of 53.41M, resulting in a net margin of 8.7%.
AMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Tower Corporation reported a net income of 836.80M and revenue of 2.74B, resulting in a net margin of 30.6%.
Frequently Asked Questions
ALX and AMT have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMT has higher volatility (8.61%) compared to ALX (6.83%). In terms of maximum drawdown, ALX dropped -88.76% vs AMT's -98.70%.
ALX currently has the higher Sharpe Ratio (0.84 vs -0.66), 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.
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