APR-UN.TO vs. SRU-UN.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Automotive Properties Real Estate Investment Trust (APR-UN.TO) and SmartCentres Real Estate Investment Trust (SRU-UN.TO).

Performance

APR-UN.TO vs. SRU-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Automotive Properties Real Estate Investment Trust (APR-UN.TO) and SmartCentres Real Estate Investment Trust (SRU-UN.TO). The values are adjusted to include any dividend payments, if applicable.

APR-UN.TO vs. SRU-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APR-UN.TO Automotive Properties Real Estate Investment Trust	5.44%	8.92%	5.09%	-10.65%	-100.00%	-100.00%	-4.25%	45.84%	-11.07%	9.90%
SRU-UN.TO SmartCentres Real Estate Investment Trust	6.74%	13.10%	6.13%	0.16%	-11.27%	48.64%	-19.65%	6.97%	5.77%	1.14%

Fundamentals

Market Cap APR-UN.TO : CA$629.95M SRU-UN.TO : CA$4.92B
EPS APR-UN.TO : CA$0.87 SRU-UN.TO : CA$1.44
PE Ratio APR-UN.TO : 13.08 SRU-UN.TO : 18.71
PS Ratio APR-UN.TO : 5.73 SRU-UN.TO : 5.08
PB Ratio APR-UN.TO : 0.87 SRU-UN.TO : 0.94
Total Revenue (TTM) APR-UN.TO : CA$101.84M SRU-UN.TO : CA$927.28M
Gross Profit (TTM) APR-UN.TO : CA$85.88M SRU-UN.TO : CA$564.58M
EBITDA (TTM) APR-UN.TO : CA$70.93M SRU-UN.TO : CA$486.20M

Returns By Period

In the year-to-date period, APR-UN.TO achieves a 5.44% return, which is significantly lower than SRU-UN.TO's 6.74% return. Over the past 10 years, APR-UN.TO has underperformed SRU-UN.TO with an annualized return of -96.76%, while SRU-UN.TO has yielded a comparatively higher 4.40% annualized return.

APR-UN.TO

• 1D: 1.69%
• 1M: -0.86%
• YTD: 5.44%
• 6M: 3.69%
• 1Y: 19.23%
• 3Y*: 6.04%
• 5Y*: -99.91%
• 10Y*: -96.76%

SRU-UN.TO

• 1D: 1.43%
• 1M: -1.78%
• YTD: 6.74%
• 6M: 4.42%
• 1Y: 13.69%
• 3Y*: 8.34%
• 5Y*: 7.30%
• 10Y*: 4.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

APR-UN.TO vs. SRU-UN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APR-UN.TO

APR-UN.TO Risk / Return Rank: 76
APR-UN.TO Sharpe Ratio Rank: 79
APR-UN.TO Sortino Ratio Rank: 72
APR-UN.TO Omega Ratio Rank: 75
APR-UN.TO Calmar Ratio Rank: 77
APR-UN.TO Martin Ratio Rank: 78

SRU-UN.TO

SRU-UN.TO Risk / Return Rank: 74
SRU-UN.TO Sharpe Ratio Rank: 75
SRU-UN.TO Sortino Ratio Rank: 68
SRU-UN.TO Omega Ratio Rank: 64
SRU-UN.TO Calmar Ratio Rank: 79
SRU-UN.TO Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APR-UN.TO vs. SRU-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Automotive Properties Real Estate Investment Trust (APR-UN.TO) and SmartCentres Real Estate Investment Trust (SRU-UN.TO). 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.

	APR-UN.TO	SRU-UN.TO	Difference
Sharpe ratio Return per unit of total volatility	1.28	1.07	+0.21
Sortino ratio Return per unit of downside risk	1.77	1.55	+0.22
Omega ratio Gain probability vs. loss probability	1.25	1.19	+0.07
Calmar ratio Return relative to maximum drawdown	2.19	2.29	-0.10
Martin ratio Return relative to average drawdown	5.64	6.20	-0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APR-UN.TO vs. SRU-UN.TO - Sharpe Ratio Comparison

The current APR-UN.TO Sharpe Ratio is 1.28, which is comparable to the SRU-UN.TO Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of APR-UN.TO and SRU-UN.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	APR-UN.TO	SRU-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	1.07	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-1.09	0.45	-1.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-1.43	0.21	-1.63
Sharpe Ratio (All Time) Calculated using the full available price history	-1.11	0.35	-1.46

Correlation

The correlation between APR-UN.TO and SRU-UN.TO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

APR-UN.TO vs. SRU-UN.TO - Dividend Comparison

APR-UN.TO's dividend yield for the trailing twelve months is around 7.19%, more than SRU-UN.TO's 6.84% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APR-UN.TO Automotive Properties Real Estate Investment Trust	7.19%	7.39%	8.36%	7.46%	1,281,617.42%	1,206,997.42%	7.51%	6.62%	8.96%	7.37%	897,946.98%	3,487,274.35%
SRU-UN.TO SmartCentres Real Estate Investment Trust	6.84%	7.18%	7.56%	7.42%	6.90%	5.74%	8.01%	5.81%	5.72%	5.55%	5.17%	5.34%

Drawdowns

APR-UN.TO vs. SRU-UN.TO - Drawdown Comparison

The maximum APR-UN.TO drawdown since its inception was -100.01%, which is greater than SRU-UN.TO's maximum drawdown of -68.25%. Use the drawdown chart below to compare losses from any high point for APR-UN.TO and SRU-UN.TO.

Drawdown Indicators

	APR-UN.TO	SRU-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-100.01%	-68.25%	-31.76%
Max Drawdown (1Y) Largest decline over 1 year	-8.24%	-6.39%	-1.85%
Max Drawdown (5Y) Largest decline over 5 years	-100.01%	-28.89%	-71.12%
Max Drawdown (10Y) Largest decline over 10 years	-100.01%	-54.78%	-45.23%
Current Drawdown Current decline from peak	-100.00%	-2.71%	-97.29%
Average Drawdown Average peak-to-trough decline	-99.12%	-11.06%	-88.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	2.36%	+1.19%

Volatility

APR-UN.TO vs. SRU-UN.TO - Volatility Comparison

Automotive Properties Real Estate Investment Trust (APR-UN.TO) has a higher volatility of 4.10% compared to SmartCentres Real Estate Investment Trust (SRU-UN.TO) at 3.81%. This indicates that APR-UN.TO's price experiences larger fluctuations and is considered to be riskier than SRU-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APR-UN.TO	SRU-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.10%	3.81%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	9.12%	8.51%	+0.61%
Volatility (1Y) Calculated over the trailing 1-year period	15.07%	12.85%	+2.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.69%	16.24%	+75.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.74%	21.57%	+46.17%

Financials

APR-UN.TO vs. SRU-UN.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Automotive Properties Real Estate Investment Trust and SmartCentres Real Estate Investment Trust over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

APR-UN.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Automotive Properties Real Estate Investment Trust reported a gross profit of 23.67M and revenue of 27.94M. Therefore, the gross margin over that period was 84.8%.

SRU-UN.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SmartCentres Real Estate Investment Trust reported a gross profit of 145.12M and revenue of 247.54M. Therefore, the gross margin over that period was 58.6%.

APR-UN.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Automotive Properties Real Estate Investment Trust reported an operating income of 25.87M and revenue of 27.94M, resulting in an operating margin of 92.6%.

SRU-UN.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SmartCentres Real Estate Investment Trust reported an operating income of 131.22M and revenue of 247.54M, resulting in an operating margin of 53.0%.

APR-UN.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Automotive Properties Real Estate Investment Trust reported a net income of 14.92M and revenue of 27.94M, resulting in a net margin of 53.4%.

SRU-UN.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SmartCentres Real Estate Investment Trust reported a net income of 105.50M and revenue of 247.54M, resulting in a net margin of 42.6%.