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ARE vs. MAIN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AREMAIN
YTD Return1.76%10.69%
1Y Return13.70%30.10%
3Y Return (Ann)-5.59%14.43%
5Y Return (Ann)0.90%12.99%
10Y Return (Ann)9.29%12.02%
Sharpe Ratio0.402.41
Daily Std Dev33.39%12.58%
Max Drawdown-71.87%-64.53%
Current Drawdown-37.74%0.00%

Fundamentals


AREMAIN
Market Cap$21.96B$3.91B
EPS$0.54$5.23
PE Ratio232.468.80
PEG Ratio844.202.09
Revenue (TTM)$2.89B$500.38M
Gross Profit (TTM)$1.81B$376.86M

Correlation

0.32
-1.001.00

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.


0.00%200.00%400.00%600.00%800.00%1,000.00%1,200.00%OctoberNovemberDecember2024FebruaryMarch
105.39%
1,161.22%
ARE
MAIN

Compare stocks, funds, or ETFs


Alexandria Real Estate Equities, Inc.

Main Street Capital Corporation

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ARE
Alexandria Real Estate Equities, Inc.
0.40
MAIN
Main Street Capital Corporation
2.41

ARE vs. MAIN - Sharpe Ratio Comparison

The current ARE Sharpe Ratio is 0.40, which is lower than the MAIN Sharpe Ratio of 2.41. The chart below compares the 12-month rolling Sharpe Ratio of ARE and MAIN.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
0.40
2.41
ARE
MAIN

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.


TTM20232022202120202019201820172016201520142013
ARE
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
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


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-37.74%
0
ARE
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.


5.00%10.00%15.00%OctoberNovemberDecember2024FebruaryMarch
7.35%
3.13%
ARE
MAIN