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 -8.45%/yr vs 13.50%/yr for CTO. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
BDN vs. CTO - Performance Comparison
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Returns By Period
In the year-to-date period, BDN achieves a 13.10% return, which is significantly lower than CTO's 23.99% return. Over the past 10 years, BDN has underperformed CTO with an annualized return of -8.45%, while CTO has yielded a comparatively higher 13.50% annualized return.
BDN
- 1D
- -0.33%
- 1M
- -3.77%
- 6M
- 13.60%
- YTD
- 13.10%
- 1Y
- -11.50%
- 3Y*
- -3.45%
- 5Y*
- -17.58%
- 10Y*
- -8.45%
- ALL TIME*
- 0.84%
CTO
- 1D
- 0.46%
- 1M
- 1.85%
- 6M
- 28.46%
- YTD
- 23.99%
- 1Y
- 45.05%
- 3Y*
- 17.27%
- 5Y*
- 11.93%
- 10Y*
- 13.50%
- ALL TIME*
- 8.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.34M | $6.61M | $5.86M | |
| $7.23M | $7.31M | $8.42M |
BDN vs. CTO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDN Brandywine Realty Trust | 13.10% | -41.31% | 17.13% | 1.73% | -50.65% | 19.50% | -19.06% | 28.95% | -26.04% | 14.42% |
CTO CTO Realty Growth, Inc. | 23.99% | 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 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 1992 | 0.30 |
The correlation between BDN and CTO shifts across timeframes, from 0.30 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BDN:
$530.71M
CTO:
$823.56M
BDN:
-$0.82
CTO:
$1.49
BDN:
1.06
CTO:
4.47
BDN:
0.77
CTO:
1.12
BDN:
$498.29M
CTO:
$161.10M
BDN:
$110.33M
CTO:
$922.00K
BDN:
$192.76M
CTO:
$122.10M
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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.
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.
| BDN | CTO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.87 | ||
| Sortino ratioReturn per unit of downside risk | -3.83 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.40 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 4.29 | -4.66 |
| Martin ratioReturn relative to average drawdown | -0.60 | 14.64 | -15.24 |
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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% | -10.40% | -33.04% |
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 | -66.29% | -2.49% | -63.80% |
Average DrawdownAverage peak-to-trough decline | -39.34% | -28.85% | -10.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.01% | 3.04% | +22.97% |
Volatility
BDN vs. CTO - Volatility Comparison
Brandywine Realty Trust (BDN) has a higher volatility of 9.56% compared to CTO Realty Growth, Inc. (CTO) at 6.04%. 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 | 9.56% | 6.04% | +3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 25.62% | 13.69% | +11.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.59% | 18.52% | +16.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.26% | 22.66% | +15.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.40% | 28.28% | +7.12% |
Dividends
BDN vs. CTO - Dividend Comparison
BDN's dividend yield for the trailing twelve months is around 10.53%, more than CTO's 6.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDN Brandywine Realty Trust | 10.53% | 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. | 6.92% | 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 Aug 2026, Brandywine Realty Trust reported a gross profit of -19.09M and revenue of 128.92M. Therefore, the gross margin over that period was -14.8%.
CTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CTO Realty Growth, Inc. reported a gross profit of 32.71M and revenue of 43.83M. Therefore, the gross margin over that period was 74.6%.
BDN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Brandywine Realty Trust reported an operating income of 19.39M and revenue of 128.92M, resulting in an operating margin of 15.0%.
CTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CTO Realty Growth, Inc. reported an operating income of 13.25M and revenue of 43.83M, resulting in an operating margin of 30.2%.
BDN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Brandywine Realty Trust reported a net income of -31.41M and revenue of 128.92M, resulting in a net margin of -24.4%.
CTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CTO Realty Growth, Inc. reported a net income of 11.36M and revenue of 43.83M, resulting in a net margin of 25.9%.
Frequently Asked Questions
BDN and CTO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDN has higher volatility (9.56%) compared to CTO (6.04%). In terms of maximum drawdown, BDN dropped -96.84% vs CTO's -74.79%.
CTO currently has the higher Sharpe Ratio (2.41 vs -0.46), 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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