BDN vs. CTO
BDN (Brandywine Realty Trust) and CTO (CTO Realty Growth, Inc.) are both stocks. Both are in the Real Estate sector — BDN in REIT - Office, CTO in REIT - Diversified. Over the past 10 years, BDN returned -8.24%/yr vs 12.24%/yr for CTO. At a 0.30 correlation, their price movements are largely independent.
Performance
BDN vs. CTO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with BDN having a 10.64% return and CTO slightly lower at 10.39%. Over the past 10 years, BDN has underperformed CTO with an annualized return of -8.24%, while CTO has yielded a comparatively higher 12.24% annualized return.
BDN
- 1D
- -2.56%
- 1M
- 4.45%
- YTD
- 10.64%
- 6M
- -2.69%
- 1Y
- -21.26%
- 3Y*
- 2.49%
- 5Y*
- -18.44%
- 10Y*
- -8.24%
CTO
- 1D
- -1.97%
- 1M
- -2.02%
- YTD
- 10.39%
- 6M
- 14.80%
- 1Y
- 17.83%
- 3Y*
- 15.96%
- 5Y*
- 10.83%
- 10Y*
- 12.24%
BDN vs. CTO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDN Brandywine Realty Trust | 10.64% | -41.31% | 17.13% | 1.73% | -50.65% | 19.50% | -19.06% | 28.95% | -26.04% | 14.42% |
CTO CTO Realty Growth, Inc. | 10.39% | 1.63% | 23.61% | 3.66% | -3.99% | 56.60% | 15.32% | 15.71% | -16.96% | 19.26% |
Correlation
The correlation between BDN and CTO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 1992 | 0.30 |
The correlation between BDN and CTO shifts across timeframes, from 0.30 (all time) to 0.51 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BDN:
$529.96M
CTO:
$647.86M
BDN:
-$1.16
CTO:
$0.38
BDN:
1.08
CTO:
4.18
BDN:
0.72
CTO:
1.13
BDN:
$489.94M
CTO:
$154.91M
BDN:
$343.79M
CTO:
-$4.32M
BDN:
$38.42M
CTO:
$84.13M
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Return for Risk
BDN vs. CTO — Risk / Return Rank
BDN
CTO
BDN vs. CTO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brandywine Realty Trust (BDN) and CTO Realty Growth, Inc. (CTO). 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.
| BDN | CTO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.17 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 1.13 | -1.63 |
| Martin ratioReturn relative to average drawdown | -0.88 | 2.87 | -3.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BDN | CTO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.63 | 0.90 | -1.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | 0.48 | -0.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.23 | 0.43 | -0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.25 | -0.24 |
Drawdowns
BDN vs. CTO - Drawdown Comparison
The maximum BDN drawdown since its inception was -96.84%, which is greater than CTO's maximum drawdown of -74.79%. Use the drawdown chart below to compare losses from any high point for BDN and CTO.
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Drawdown Indicators
| BDN | CTO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.84% | -74.79% | -22.05% |
Max Drawdown (1Y)Largest decline over 1 year | -43.44% | -15.80% | -27.64% |
Max Drawdown (3Y)Largest decline over 3 years | -56.26% | -21.39% | -34.87% |
Max Drawdown (5Y)Largest decline over 5 years | -73.17% | -25.47% | -47.70% |
Max Drawdown (10Y)Largest decline over 10 years | -73.17% | -47.85% | -25.32% |
Current DrawdownCurrent decline from peak | -67.02% | -4.46% | -62.56% |
Average DrawdownAverage peak-to-trough decline | -39.24% | -28.97% | -10.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.27% | 6.23% | +18.04% |
Volatility
BDN vs. CTO - Volatility Comparison
Brandywine Realty Trust (BDN) has a higher volatility of 7.89% compared to CTO Realty Growth, Inc. (CTO) at 4.92%. This indicates that BDN's price experiences larger fluctuations and is considered to be riskier than CTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDN | CTO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.89% | 4.92% | +2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 26.13% | 13.10% | +13.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.08% | 19.91% | +14.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.11% | 22.88% | +15.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.24% | 28.31% | +6.93% |
Dividends
BDN vs. CTO - Dividend Comparison
BDN's dividend yield for the trailing twelve months is around 12.79%, more than CTO's 7.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDN Brandywine Realty Trust | 12.79% | 18.15% | 10.71% | 13.33% | 12.36% | 5.66% | 6.38% | 4.83% | 5.59% | 3.52% | 3.76% | 4.39% |
CTO CTO Realty Growth, Inc. | 7.63% | 8.26% | 7.71% | 8.77% | 8.17% | 6.51% | 31.73% | 0.73% | 0.51% | 0.28% | 0.22% | 0.15% |
Financials
BDN vs. CTO - Financials Comparison
This section allows you to compare key financial metrics between Brandywine Realty Trust and CTO Realty Growth, Inc.. 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
BDN vs. CTO - Profitability Comparison
BDN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brandywine Realty Trust reported a gross profit of 115.68M and revenue of 127.00M. Therefore, the gross margin over that period was 91.1%.
CTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CTO Realty Growth, Inc. reported a gross profit of 31.01M and revenue of 41.17M. Therefore, the gross margin over that period was 75.3%.
BDN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brandywine Realty Trust reported an operating income of 1.51M and revenue of 127.00M, resulting in an operating margin of 1.2%.
CTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CTO Realty Growth, Inc. reported an operating income of 10.29M and revenue of 41.17M, resulting in an operating margin of 25.0%.
BDN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brandywine Realty Trust reported a net income of -48.91M and revenue of 127.00M, resulting in a net margin of -38.5%.
CTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CTO Realty Growth, Inc. reported a net income of 4.33M and revenue of 41.17M, resulting in a net margin of 10.5%.
Frequently Asked Questions
BDN and CTO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDN has higher volatility (7.89%) compared to CTO (4.92%). In terms of maximum drawdown, BDN dropped -96.84% vs CTO's -74.79%.
CTO currently has the higher Sharpe Ratio (0.90 vs -0.63), 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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