ARE vs. MAIN
Compare and contrast key facts about Alexandria Real Estate Equities, Inc. (ARE) and Main Street Capital Corporation (MAIN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARE or MAIN.
Key characteristics
ARE | MAIN | |
---|---|---|
YTD Return | 1.76% | 10.69% |
1Y Return | 13.70% | 30.10% |
3Y Return (Ann) | -5.59% | 14.43% |
5Y Return (Ann) | 0.90% | 12.99% |
10Y Return (Ann) | 9.29% | 12.02% |
Sharpe Ratio | 0.40 | 2.41 |
Daily Std Dev | 33.39% | 12.58% |
Max Drawdown | -71.87% | -64.53% |
Current Drawdown | -37.74% | 0.00% |
Fundamentals
ARE | MAIN | |
---|---|---|
Market Cap | $21.96B | $3.91B |
EPS | $0.54 | $5.23 |
PE Ratio | 232.46 | 8.80 |
PEG Ratio | 844.20 | 2.09 |
Revenue (TTM) | $2.89B | $500.38M |
Gross Profit (TTM) | $1.81B | $376.86M |
Correlation
The correlation between ARE and MAIN is 0.32, 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.
Performance
ARE vs. MAIN - Performance Comparison
In the year-to-date period, ARE achieves a 1.76% return, which is significantly lower than MAIN's 10.69% return. Over the past 10 years, ARE has underperformed MAIN with an annualized return of 9.29%, while MAIN has yielded a comparatively higher 12.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
ARE vs. MAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alexandria Real Estate Equities, Inc. (ARE) and Main Street Capital Corporation (MAIN). 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Alexandria Real Estate Equities, Inc. | 0.40 | ||||
Main Street Capital Corporation | 2.41 |
Dividends
ARE vs. MAIN - Dividend Comparison
ARE's dividend yield for the trailing twelve months is around 4.88%, less than MAIN's 8.26% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Alexandria Real Estate Equities, Inc. | 4.88% | 3.91% | 3.24% | 2.01% | 2.38% | 2.48% | 3.24% | 2.64% | 2.91% | 3.38% | 3.25% | 4.10% |
Main Street Capital Corporation | 8.26% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% | 8.18% |
Drawdowns
ARE vs. MAIN - Drawdown Comparison
The maximum ARE drawdown since its inception was -71.87%, which is greater than MAIN's maximum drawdown of -64.53%. The drawdown chart below compares losses from any high point along the way for ARE and MAIN
Volatility
ARE vs. MAIN - Volatility Comparison
Alexandria Real Estate Equities, Inc. (ARE) has a higher volatility of 7.35% compared to Main Street Capital Corporation (MAIN) at 3.13%. This indicates that ARE's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.