ALX vs. VNQ
Compare and contrast key facts about Alexander's, Inc. (ALX) and Vanguard Real Estate ETF (VNQ).
VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALX or VNQ.
Performance
ALX vs. VNQ - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with ALX having a 12.56% return and VNQ slightly lower at 12.15%. Over the past 10 years, ALX has underperformed VNQ with an annualized return of 0.09%, while VNQ has yielded a comparatively higher 6.11% annualized return.
ALX
12.56%
-0.06%
10.18%
29.99%
0.08%
0.09%
VNQ
12.15%
-0.21%
20.03%
26.14%
4.91%
6.11%
Key characteristics
| ALX | VNQ | |
|---|---|---|
| Sharpe Ratio | 1.14 | 1.61 |
| Sortino Ratio | 1.76 | 2.25 |
| Omega Ratio | 1.21 | 1.28 |
| Calmar Ratio | 0.82 | 0.99 |
| Martin Ratio | 5.51 | 5.80 |
| Ulcer Index | 5.44% | 4.51% |
| Daily Std Dev | 26.34% | 16.22% |
| Max Drawdown | -88.76% | -73.07% |
| Current Drawdown | -16.77% | -7.49% |
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Correlation
The correlation between ALX and VNQ is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
ALX vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alexander's, Inc. (ALX) and Vanguard Real Estate ETF (VNQ). 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.
Dividends
ALX vs. VNQ - Dividend Comparison
ALX's dividend yield for the trailing twelve months is around 8.10%, more than VNQ's 3.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALX Alexander's, Inc. | 8.10% | 8.43% | 8.18% | 6.92% | 6.49% | 5.45% | 5.91% | 4.29% | 3.75% | 3.64% | 2.97% | 3.33% |
VNQ Vanguard Real Estate ETF | 3.79% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
ALX vs. VNQ - Drawdown Comparison
The maximum ALX drawdown since its inception was -88.76%, which is greater than VNQ's maximum drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for ALX and VNQ. For additional features, visit the drawdowns tool.
Volatility
ALX vs. VNQ - Volatility Comparison
Alexander's, Inc. (ALX) has a higher volatility of 6.48% compared to Vanguard Real Estate ETF (VNQ) at 4.83%. This indicates that ALX's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.