BRT vs. ELME

Last updated Jun 3, 2026

BRT (BRT Apartments Corp.) and ELME (Elme Communities) are both stocks. Both operate in the REIT - Residential industry within the Real Estate sector. Over the past 10 years, BRT returned 12.97%/yr vs -4.11%/yr for ELME. At a 0.20 correlation, their price movements are largely independent.

Performance

BRT vs. ELME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BRT Apartments Corp. (BRT) and Elme Communities (ELME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRT achieves a -0.69% return, which is significantly higher than ELME's -23.62% return. Over the past 10 years, BRT has outperformed ELME with an annualized return of 12.97%, while ELME has yielded a comparatively lower -4.11% annualized return.

BRT

• 1D: -0.28%
• 1M: -0.28%
• YTD: -0.69%
• 6M: 2.48%
• 1Y: -4.15%
• 3Y*: -3.81%
• 5Y*: 0.76%
• 10Y*: 12.97%

ELME

• 1D: -0.49%
• 1M: -5.12%
• YTD: -23.62%
• 6M: -22.95%
• 1Y: -15.26%
• 3Y*: -1.48%
• 5Y*: -8.37%
• 10Y*: -4.11%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRT vs. ELME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRT BRT Apartments Corp.	-0.69%	-13.25%	2.72%	-0.04%	-14.36%	65.66%	-3.09%	57.19%	3.74%	48.82%
ELME Elme Communities	-23.62%	17.69%	9.65%	-14.09%	-28.85%	24.26%	-21.88%	32.42%	-22.82%	-1.18%

Correlation

The correlation between BRT and ELME is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 18, 1992	0.20

The correlation between BRT and ELME shifts across timeframes, from 0.20 (all time) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BRT : $258.85M ELME : $179.65M
EPS BRT : -$0.68 ELME : -$1.75
PB Ratio BRT : 1.53 ELME : 0.88
Total Revenue (TTM) BRT : $98.01M ELME : -$61.49M
Gross Profit (TTM) BRT : $12.37M ELME : -$135.85M
EBITDA (TTM) BRT : $38.34M ELME : -$44.05M

Return for Risk

BRT vs. ELME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRT

BRT Risk / Return Rank: 30
BRT Sharpe Ratio Rank: 32
BRT Sortino Ratio Rank: 26
BRT Omega Ratio Rank: 26
BRT Calmar Ratio Rank: 34
BRT Martin Ratio Rank: 34

ELME

ELME Risk / Return Rank: 22
ELME Sharpe Ratio Rank: 20
ELME Sortino Ratio Rank: 21
ELME Omega Ratio Rank: 16
ELME Calmar Ratio Rank: 26
ELME Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRT vs. ELME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BRT Apartments Corp. (BRT) and Elme Communities (ELME). 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.

	BRT	ELME	Difference
Sharpe ratio Return per unit of total volatility	-0.20	-0.48	+0.27
Sortino ratio Return per unit of downside risk	-0.15	-0.39	+0.24
Omega ratio Gain probability vs. loss probability	0.98	0.91	+0.07
Calmar ratio Return relative to maximum drawdown	-0.18	-0.41	+0.24
Martin ratio Return relative to average drawdown	-0.35	-0.77	+0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRT vs. ELME - Sharpe Ratio Comparison

The current BRT Sharpe Ratio is -0.20, which is higher than the ELME Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of BRT and ELME, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BRT	ELME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.20	-0.48	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	-0.31	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	-0.15	+0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.16	-0.12

Drawdowns

BRT vs. ELME - Drawdown Comparison

The maximum BRT drawdown since its inception was -95.38%, which is greater than ELME's maximum drawdown of -59.89%. Use the drawdown chart below to compare losses from any high point for BRT and ELME.

Drawdown Indicators

	BRT	ELME	Difference
Max Drawdown Largest peak-to-trough decline	-95.38%	-59.89%	-35.49%
Max Drawdown (1Y) Largest decline over 1 year	-16.00%	-37.42%	+21.42%
Max Drawdown (3Y) Largest decline over 3 years	-27.60%	-37.42%	+9.82%
Max Drawdown (5Y) Largest decline over 5 years	-35.28%	-49.65%	+14.37%
Max Drawdown (10Y) Largest decline over 10 years	-58.76%	-54.05%	-4.71%
Current Drawdown Current decline from peak	-29.79%	-46.70%	+16.91%
Average Drawdown Average peak-to-trough decline	-50.90%	-15.72%	-35.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.07%	20.10%	-12.03%

Volatility

BRT vs. ELME - Volatility Comparison

The current volatility for BRT Apartments Corp. (BRT) is 5.04%, while Elme Communities (ELME) has a volatility of 6.36%. This indicates that BRT experiences smaller price fluctuations and is considered to be less risky than ELME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRT	ELME	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	6.36%	-1.32%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	32.69%	-19.21%
Volatility (1Y) Calculated over the trailing 1-year period	20.55%	32.23%	-11.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.23%	26.71%	+2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.53%	27.70%	+8.83%

Dividends

BRT vs. ELME - Dividend Comparison

BRT's dividend yield for the trailing twelve months is around 6.98%, less than ELME's 736.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRT BRT Apartments Corp.	6.98%	6.80%	5.55%	5.38%	4.99%	3.75%	5.79%	4.95%	6.99%	3.05%	0.00%	0.00%
ELME Elme Communities	736.76%	3.10%	4.72%	4.93%	3.82%	3.64%	5.55%	4.11%	5.22%	3.86%	3.67%	4.43%

Financials

Frequently Asked Questions

Can I hold both BRT and ELME in my portfolio?

BRT and ELME have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRT or ELME?

ELME has higher volatility (6.36%) compared to BRT (5.04%). In terms of maximum drawdown, BRT dropped -95.38% vs ELME's -59.89%.

Which has better risk-adjusted returns?

BRT currently has the higher Sharpe Ratio (-0.20 vs -0.48), 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.