ARE vs. REG
ARE (Alexandria Real Estate Equities, Inc.) and REG (Regency Centers Corporation) are both stocks. Both are in the Real Estate sector — ARE in REIT - Office, REG in REIT - Retail. Over the past 10 years, ARE returned -3.09%/yr vs 3.83%/yr for REG. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
ARE vs. REG - Performance Comparison
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Returns By Period
In the year-to-date period, ARE achieves a 5.30% return, which is significantly lower than REG's 14.23% return. Over the past 10 years, ARE has underperformed REG with an annualized return of -3.09%, while REG has yielded a comparatively higher 3.83% annualized return.
ARE
- 1D
- -0.59%
- 1M
- 4.88%
- YTD
- 5.30%
- 6M
- 7.55%
- 1Y
- -24.20%
- 3Y*
- -18.34%
- 5Y*
- -19.31%
- 10Y*
- -3.09%
REG
- 1D
- 0.62%
- 1M
- -0.95%
- YTD
- 14.23%
- 6M
- 14.10%
- 1Y
- 13.20%
- 3Y*
- 14.59%
- 5Y*
- 7.85%
- 10Y*
- 3.83%
ARE vs. REG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARE Alexandria Real Estate Equities, Inc. | 5.30% | -46.60% | -19.44% | -9.11% | -32.62% | 28.09% | 13.27% | 44.04% | -8.97% | 20.95% |
REG Regency Centers Corporation | 14.23% | -2.78% | 14.90% | 11.85% | -13.59% | 71.41% | -23.86% | 11.43% | -12.00% | 3.62% |
Correlation
The correlation between ARE and REG is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since May 28, 1997 | 0.60 |
Over the past year, the correlation between ARE and REG has dropped to 0.38 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
Fundamentals
ARE:
-$8.32
REG:
$3.55
ARE:
2.23
REG:
8.31
ARE:
$2.90B
REG:
$1.70B
ARE:
$1.98B
REG:
$814.76M
ARE:
$646.49M
REG:
$1.12B
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Return for Risk
ARE vs. REG — Risk / Return Rank
ARE
REG
ARE vs. REG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alexandria Real Estate Equities, Inc. (ARE) and Regency Centers Corporation (REG). 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.
| ARE | REG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.15 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.62 | -2.09 |
| Martin ratioReturn relative to average drawdown | -0.74 | 3.92 | -4.65 |
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Drawdowns
ARE vs. REG - Drawdown Comparison
The maximum ARE drawdown since its inception was -77.92%, which is greater than REG's maximum drawdown of -73.37%. Use the drawdown chart below to compare losses from any high point for ARE and REG.
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Drawdown Indicators
| ARE | REG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.92% | -73.37% | -4.55% |
Max Drawdown (1Y)Largest decline over 1 year | -51.61% | -8.17% | -43.44% |
Max Drawdown (3Y)Largest decline over 3 years | -65.64% | -15.10% | -50.54% |
Max Drawdown (5Y)Largest decline over 5 years | -77.92% | -30.09% | -47.83% |
Max Drawdown (10Y)Largest decline over 10 years | -77.92% | -57.02% | -20.90% |
Current DrawdownCurrent decline from peak | -72.28% | -3.73% | -68.55% |
Average DrawdownAverage peak-to-trough decline | -17.79% | -16.16% | -1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.97% | 3.38% | +29.59% |
Volatility
ARE vs. REG - Volatility Comparison
Alexandria Real Estate Equities, Inc. (ARE) has a higher volatility of 14.09% compared to Regency Centers Corporation (REG) at 4.85%. This indicates that ARE's price experiences larger fluctuations and is considered to be riskier than REG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARE | REG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.09% | 4.85% | +9.24% |
Volatility (6M)Calculated over the trailing 6-month period | 31.60% | 11.09% | +20.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.55% | 16.07% | +28.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.12% | 22.34% | +10.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.31% | 29.90% | -0.59% |
Dividends
ARE vs. REG - Dividend Comparison
ARE's dividend yield for the trailing twelve months is around 8.04%, more than REG's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARE Alexandria Real Estate Equities, Inc. | 8.04% | 9.56% | 5.32% | 3.91% | 3.24% | 2.01% | 2.38% | 2.48% | 3.24% | 2.64% | 2.91% | 3.38% |
REG Regency Centers Corporation | 3.84% | 4.16% | 3.67% | 3.91% | 4.04% | 3.20% | 5.22% | 3.71% | 3.78% | 3.04% | 2.90% | 2.85% |
Financials
ARE vs. REG - Financials Comparison
This section allows you to compare key financial metrics between Alexandria Real Estate Equities, Inc. and Regency Centers Corporation. 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
ARE vs. REG - Profitability Comparison
ARE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
REG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Regency Centers Corporation reported a gross profit of 76.40M and revenue of 413.42M. Therefore, the gross margin over that period was 18.5%.
ARE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
REG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Regency Centers Corporation reported an operating income of 152.73M and revenue of 413.42M, resulting in an operating margin of 36.9%.
ARE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
REG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Regency Centers Corporation reported a net income of 128.55M and revenue of 413.42M, resulting in a net margin of 31.1%.
Frequently Asked Questions
ARE and REG have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARE has higher volatility (14.09%) compared to REG (4.85%). In terms of maximum drawdown, ARE dropped -77.92% vs REG's -73.37%.
REG currently has the higher Sharpe Ratio (0.83 vs -0.55), 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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