BRX vs. ESS
BRX (Brixmor Property Group Inc.) and ESS (Essex Property Trust, Inc.) are both stocks. Both are in the Real Estate sector — BRX in REIT - Retail, ESS in REIT - Residential. Over the past 10 years, BRX returned 7.59%/yr vs 6.41%/yr for ESS. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
BRX vs. ESS - Performance Comparison
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Returns By Period
In the year-to-date period, BRX achieves a 27.10% return, which is significantly higher than ESS's 10.69% return. Over the past 10 years, BRX has outperformed ESS with an annualized return of 7.59%, while ESS has yielded a comparatively lower 6.41% annualized return.
BRX
- 1D
- 1.24%
- 1M
- 11.42%
- YTD
- 27.10%
- 6M
- 29.92%
- 1Y
- 33.08%
- 3Y*
- 20.06%
- 5Y*
- 10.96%
- 10Y*
- 7.59%
ESS
- 1D
- 1.13%
- 1M
- 6.25%
- YTD
- 10.69%
- 6M
- 12.44%
- 1Y
- 3.75%
- 3Y*
- 10.74%
- 5Y*
- 1.56%
- 10Y*
- 6.41%
BRX vs. ESS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRX Brixmor Property Group Inc. | 27.10% | -1.67% | 25.19% | 7.71% | -6.79% | 60.29% | -19.44% | 56.89% | -15.93% | -19.54% |
ESS Essex Property Trust, Inc. | 10.69% | -4.98% | 18.36% | 21.97% | -37.76% | 52.40% | -18.09% | 25.92% | 4.83% | 6.82% |
Correlation
The correlation between BRX and ESS is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2013 | 0.56 |
The correlation between BRX and ESS has been stable across timeframes, ranging from 0.55 to 0.63 - a consistent structural relationship.
Fundamentals
BRX:
$1.44
ESS:
$9.59
BRX:
22.58
ESS:
29.59
BRX:
0.40
ESS:
2.07
BRX:
7.22
ESS:
7.19
BRX:
$1.39B
ESS:
$1.91B
BRX:
$1.09B
ESS:
$1.32B
BRX:
$1.04B
ESS:
$1.44B
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Return for Risk
BRX vs. ESS — Risk / Return Rank
BRX
ESS
BRX vs. ESS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brixmor Property Group Inc. (BRX) and Essex Property Trust, Inc. (ESS). 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.
| BRX | ESS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.03 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 0.11 | +2.50 |
| Martin ratioReturn relative to average drawdown | 7.56 | 0.19 | +7.37 |
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Drawdowns
BRX vs. ESS - Drawdown Comparison
The maximum BRX drawdown since its inception was -66.54%, which is greater than ESS's maximum drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for BRX and ESS.
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Drawdown Indicators
| BRX | ESS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.54% | -62.67% | -3.87% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -16.49% | +4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -22.43% | -20.77% | -1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -31.59% | -43.87% | +12.28% |
Max Drawdown (10Y)Largest decline over 10 years | -66.54% | -44.84% | -21.70% |
Current DrawdownCurrent decline from peak | 0.00% | -7.93% | +7.93% |
Average DrawdownAverage peak-to-trough decline | -15.79% | -10.86% | -4.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 9.80% | -5.54% |
Volatility
BRX vs. ESS - Volatility Comparison
Brixmor Property Group Inc. (BRX) has a higher volatility of 5.49% compared to Essex Property Trust, Inc. (ESS) at 4.92%. This indicates that BRX's price experiences larger fluctuations and is considered to be riskier than ESS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRX | ESS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 4.92% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 12.09% | 14.24% | -2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.08% | 20.80% | -2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.93% | 23.71% | +1.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.12% | 25.81% | +8.31% |
Dividends
BRX vs. ESS - Dividend Comparison
BRX's dividend yield for the trailing twelve months is around 3.65%, which matches ESS's 3.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRX Brixmor Property Group Inc. | 3.65% | 4.39% | 3.92% | 4.47% | 4.23% | 3.38% | 3.44% | 5.18% | 7.49% | 5.57% | 4.01% | 3.49% |
ESS Essex Property Trust, Inc. | 3.63% | 3.88% | 2.57% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% |
Financials
BRX vs. ESS - Financials Comparison
This section allows you to compare key financial metrics between Brixmor Property Group Inc. and Essex Property Trust, 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
BRX vs. ESS - Profitability Comparison
BRX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brixmor Property Group Inc. reported a gross profit of 309.42M and revenue of 354.82M. Therefore, the gross margin over that period was 87.2%.
ESS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Essex Property Trust, Inc. reported a gross profit of 343.50M and revenue of 484.76M. Therefore, the gross margin over that period was 70.9%.
BRX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brixmor Property Group Inc. reported an operating income of 134.11M and revenue of 354.82M, resulting in an operating margin of 37.8%.
ESS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Essex Property Trust, Inc. reported an operating income of 155.19M and revenue of 484.76M, resulting in an operating margin of 32.0%.
BRX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brixmor Property Group Inc. reported a net income of 127.75M and revenue of 354.82M, resulting in a net margin of 36.0%.
ESS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Essex Property Trust, Inc. reported a net income of -6.02M and revenue of 484.76M, resulting in a net margin of -1.2%.
Frequently Asked Questions
BRX and ESS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRX has higher volatility (5.49%) compared to ESS (4.92%). In terms of maximum drawdown, BRX dropped -66.54% vs ESS's -62.67%.
BRX currently has the higher Sharpe Ratio (1.79 vs 0.09), 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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