ALX vs. ARE
ALX (Alexander's, Inc.) and ARE (Alexandria Real Estate Equities, Inc.) are both stocks. Both are in the Real Estate sector — ALX in REIT - Retail, ARE in REIT - Office. Over the past 10 years, ALX returned 1.41%/yr vs -3.85%/yr for ARE. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
ALX vs. ARE - Performance Comparison
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Returns By Period
In the year-to-date period, ALX achieves a 21.52% return, which is significantly higher than ARE's 8.19% return. Over the past 10 years, ALX has outperformed ARE with an annualized return of 1.41%, while ARE has yielded a comparatively lower -3.85% annualized return.
ALX
- 1D
- -4.07%
- 1M
- -7.27%
- 6M
- 8.15%
- YTD
- 21.52%
- 1Y
- 12.40%
- 3Y*
- 19.28%
- 5Y*
- 6.35%
- 10Y*
- 1.41%
- ALL TIME*
- 8.92%
ARE
- 1D
- -1.98%
- 1M
- -2.15%
- 6M
- -3.10%
- YTD
- 8.19%
- 1Y
- -28.19%
- 3Y*
- -20.92%
- 5Y*
- -20.42%
- 10Y*
- -3.85%
- ALL TIME*
- 7.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.72M | $7.76M | $9.46M | |
| $84.25M | $80.17M | $94.50M |
ALX vs. ARE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALX Alexander's, Inc. | 21.52% | 18.43% | 1.40% | 6.35% | -9.12% | 0.20% | -10.24% | 14.13% | -19.06% | -3.48% |
ARE Alexandria Real Estate Equities, Inc. | 8.19% | -46.60% | -19.44% | -9.11% | -32.62% | 28.09% | 13.27% | 44.04% | -8.97% | 20.95% |
Correlation
The correlation between ALX and ARE is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.42 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.43 |
Correlation (All Time) Calculated using the full available price history since May 28, 1997 | 0.41 |
The correlation between ALX and ARE shifts across timeframes, from 0.32 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALX:
$1.30B
ARE:
$8.97B
ALX:
$4.01
ARE:
-$9.36
ALX:
6.19
ARE:
2.01
ALX:
$211.68M
ARE:
$2.90B
ALX:
$134.57M
ARE:
$1.98B
ALX:
$107.52M
ARE:
$646.49M
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Return for Risk
ALX vs. ARE — Risk / Return Rank
ALX
ARE
ALX vs. ARE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alexander's, Inc. (ALX) and Alexandria Real Estate Equities, Inc. (ARE). 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 | ARE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.91 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | -0.56 | +1.22 |
| Martin ratioReturn relative to average drawdown | 1.62 | -0.81 | +2.43 |
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Drawdowns
ALX vs. ARE - Drawdown Comparison
The maximum ALX drawdown since its inception was -88.76%, which is greater than ARE's maximum drawdown of -77.92%. Use the drawdown chart below to compare losses from any high point for ALX and ARE.
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Drawdown Indicators
| ALX | ARE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.76% | -77.92% | -10.84% |
Max Drawdown (1Y)Largest decline over 1 year | -14.70% | -51.61% | +36.91% |
Max Drawdown (3Y)Largest decline over 3 years | -23.17% | -65.64% | +42.47% |
Max Drawdown (5Y)Largest decline over 5 years | -37.38% | -77.92% | +40.54% |
Max Drawdown (10Y)Largest decline over 10 years | -47.90% | -77.92% | +30.02% |
Current DrawdownCurrent decline from peak | -10.87% | -71.52% | +60.65% |
Average DrawdownAverage peak-to-trough decline | -20.21% | -17.99% | -2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.41% | 35.29% | -28.88% |
Volatility
ALX vs. ARE - Volatility Comparison
The current volatility for Alexander's, Inc. (ALX) is 6.93%, while Alexandria Real Estate Equities, Inc. (ARE) has a volatility of 10.25%. This indicates that ALX experiences smaller price fluctuations and is considered to be less risky than ARE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALX | ARE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 10.25% | -3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 21.97% | 31.65% | -9.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.95% | 44.97% | -14.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.98% | 33.48% | -7.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.77% | 29.48% | -3.71% |
Dividends
ALX vs. ARE - Dividend Comparison
ALX's dividend yield for the trailing twelve months is around 7.06%, more than ARE's 6.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALX Alexander's, Inc. | 7.06% | 8.26% | 9.00% | 8.43% | 8.18% | 6.92% | 6.49% | 5.45% | 5.91% | 4.29% | 3.75% | 3.64% |
ARE Alexandria Real Estate Equities, Inc. | 6.76% | 9.56% | 5.32% | 3.91% | 3.24% | 2.01% | 2.38% | 2.48% | 3.24% | 2.64% | 2.91% | 3.38% |
Financials
ALX vs. ARE - Financials Comparison
This section allows you to compare key financial metrics between Alexander's, Inc. and Alexandria Real Estate Equities, Inc.. 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. ARE - Profitability Comparison
ALX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
ARE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alexandria Real Estate Equities, Inc. reported a gross profit of 446.88M and revenue of 671.02M. Therefore, the gross margin over that period was 66.6%.
ALX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alexander's, Inc. reported an operating income of 13.95M and revenue of 53.41M, resulting in an operating margin of 26.1%.
ARE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alexandria Real Estate Equities, Inc. reported an operating income of 412.20M and revenue of 671.02M, resulting in an operating margin of 61.4%.
ALX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alexander's, Inc. reported a net income of 4.66M and revenue of 53.41M, resulting in a net margin of 8.7%.
ARE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alexandria Real Estate Equities, Inc. reported a net income of 358.87M and revenue of 671.02M, resulting in a net margin of 53.5%.
Frequently Asked Questions
ALX and ARE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARE has higher volatility (10.25%) compared to ALX (6.93%). In terms of maximum drawdown, ALX dropped -88.76% vs ARE's -77.92%.
ALX currently has the higher Sharpe Ratio (0.32 vs -0.64), 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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