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BXP vs. VNO
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

BXP vs. VNO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boston Properties, Inc. (BXP) and Vornado Realty Trust (VNO). The values are adjusted to include any dividend payments, if applicable.

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BXP vs. VNO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BXP
Boston Properties, Inc.
-23.36%-4.75%12.28%10.98%-38.57%26.21%-28.33%26.09%-10.86%5.91%
VNO
Vornado Realty Trust
-23.17%-19.09%51.32%39.50%-46.66%17.78%-40.43%14.93%-17.75%-4.53%

Fundamentals

Market Cap

BXP:

$8.12B

VNO:

$4.90B

EPS

BXP:

$1.75

VNO:

$4.32

PE Ratio

BXP:

29.24

VNO:

5.91

PEG Ratio

BXP:

0.07

VNO:

0.00

PS Ratio

BXP:

2.33

VNO:

2.75

PB Ratio

BXP:

1.58

VNO:

1.02

Total Revenue (TTM)

BXP:

$3.48B

VNO:

$1.81B

Gross Profit (TTM)

BXP:

$2.11B

VNO:

$890.47M

EBITDA (TTM)

BXP:

$1.75B

VNO:

$1.74B

Returns By Period

The year-to-date returns for both investments are quite close, with BXP having a -23.36% return and VNO slightly higher at -23.17%. Over the past 10 years, BXP has outperformed VNO with an annualized return of -4.91%, while VNO has yielded a comparatively lower -6.73% annualized return.


BXP

1D
-1.70%
1M
-8.04%
YTD
-23.36%
6M
-31.54%
1Y
-20.10%
3Y*
3.70%
5Y*
-8.73%
10Y*
-4.91%

VNO

1D
-1.62%
1M
-6.61%
YTD
-23.17%
6M
-36.60%
1Y
-30.77%
3Y*
20.44%
5Y*
-8.12%
10Y*
-6.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

BXP vs. VNO — Risk / Return Rank

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

BXP
BXP Risk / Return Rank: 1414
Overall Rank
BXP Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
BXP Sortino Ratio Rank: 1515
Sortino Ratio Rank
BXP Omega Ratio Rank: 1616
Omega Ratio Rank
BXP Calmar Ratio Rank: 2121
Calmar Ratio Rank
BXP Martin Ratio Rank: 88
Martin Ratio Rank

VNO
VNO Risk / Return Rank: 1010
Overall Rank
VNO Sharpe Ratio Rank: 77
Sharpe Ratio Rank
VNO Sortino Ratio Rank: 99
Sortino Ratio Rank
VNO Omega Ratio Rank: 1111
Omega Ratio Rank
VNO Calmar Ratio Rank: 1616
Calmar Ratio Rank
VNO Martin Ratio Rank: 66
Martin Ratio Rank
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.

BXP vs. VNO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Boston Properties, Inc. (BXP) and Vornado Realty Trust (VNO). 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.


BXPVNODifference

Sharpe ratio

Return per unit of total volatility

-0.65

-0.85

+0.21

Sortino ratio

Return per unit of downside risk

-0.74

-1.12

+0.38

Omega ratio

Gain probability vs. loss probability

0.91

0.87

+0.04

Calmar ratio

Return relative to maximum drawdown

-0.61

-0.71

+0.10

Martin ratio

Return relative to average drawdown

-1.52

-1.65

+0.12

BXP vs. VNO - Sharpe Ratio Comparison

The current BXP Sharpe Ratio is -0.65, which is comparable to the VNO Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of BXP and VNO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BXPVNODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.65

-0.85

+0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.27

-0.20

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.15

-0.17

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.22

0.26

-0.04

Correlation

The correlation between BXP and VNO is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

BXP vs. VNO - Dividend Comparison

BXP's dividend yield for the trailing twelve months is around 6.04%, more than VNO's 2.89% yield.


TTM20252024202320222021202020192018201720162015
BXP
Boston Properties, Inc.
6.04%4.98%5.27%5.59%5.80%3.40%4.15%2.78%3.11%2.35%2.15%3.02%
VNO
Vornado Realty Trust
2.89%2.22%1.76%2.39%10.19%5.06%6.37%6.90%4.06%3.00%2.41%14.41%

Drawdowns

BXP vs. VNO - Drawdown Comparison

The maximum BXP drawdown since its inception was -72.80%, smaller than the maximum VNO drawdown of -80.89%. Use the drawdown chart below to compare losses from any high point for BXP and VNO.


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Drawdown Indicators


BXPVNODifference

Max Drawdown

Largest peak-to-trough decline

-72.80%

-80.89%

+8.09%

Max Drawdown (1Y)

Largest decline over 1 year

-33.56%

-41.22%

+7.66%

Max Drawdown (5Y)

Largest decline over 5 years

-62.57%

-72.46%

+9.89%

Max Drawdown (10Y)

Largest decline over 10 years

-63.59%

-80.89%

+17.30%

Current Drawdown

Current decline from peak

-52.75%

-58.55%

+5.80%

Average Drawdown

Average peak-to-trough decline

-16.54%

-20.45%

+3.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.37%

17.83%

-4.46%

Volatility

BXP vs. VNO - Volatility Comparison

The current volatility for Boston Properties, Inc. (BXP) is 8.79%, while Vornado Realty Trust (VNO) has a volatility of 10.72%. This indicates that BXP experiences smaller price fluctuations and is considered to be less risky than VNO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BXPVNODifference

Volatility (1M)

Calculated over the trailing 1-month period

8.79%

10.72%

-1.93%

Volatility (6M)

Calculated over the trailing 6-month period

20.09%

23.38%

-3.29%

Volatility (1Y)

Calculated over the trailing 1-year period

31.23%

36.30%

-5.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.79%

41.42%

-8.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.94%

38.90%

-6.96%

Financials

BXP vs. VNO - Financials Comparison

This section allows you to compare key financial metrics between Boston Properties, Inc. and Vornado Realty Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


400.00M500.00M600.00M700.00M800.00M900.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
877.10M
453.71M
(BXP) Total Revenue
(VNO) Total Revenue
Values in USD except per share items