CAR-UN.TO vs. SUI
CAR-UN.TO (Canadian Apartment Properties Real Estate Investment Trust) and SUI (Sun Communities, Inc.) are both stocks. Both operate in the REIT - Residential industry within the Real Estate sector. Over the past 10 years, CAR-UN.TO returned 4.34%/yr vs 9.69%/yr for SUI. At a 0.28 correlation, their price movements are largely independent.
Performance
CAR-UN.TO vs. SUI - Performance Comparison
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Different Trading Currencies
CAR-UN.TO is traded in CAD, while SUI is traded in USD. To make them comparable, the SUI values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CAR-UN.TO achieves a -2.25% return, which is significantly lower than SUI's 3.29% return. Over the past 10 years, CAR-UN.TO has underperformed SUI with an annualized return of 4.34%, while SUI has yielded a comparatively higher 9.69% annualized return.
CAR-UN.TO
- 1D
- -1.03%
- 1M
- 6.53%
- YTD
- -2.25%
- 6M
- -2.28%
- 1Y
- -19.38%
- 3Y*
- -7.85%
- 5Y*
- -6.74%
- 10Y*
- 4.34%
SUI
- 1D
- -2.06%
- 1M
- 5.13%
- YTD
- 3.29%
- 6M
- 3.62%
- 1Y
- 6.89%
- 3Y*
- 3.37%
- 5Y*
- -0.55%
- 10Y*
- 9.69%
CAR-UN.TO vs. SUI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAR-UN.TO Canadian Apartment Properties Real Estate Investment Trust | -2.25% | -12.32% | -9.85% | 17.89% | -26.56% | 22.96% | -2.97% | 22.93% | 22.52% | 23.53% |
SUI Sun Communities, Inc. | 3.29% | 2.58% | 2.84% | -6.09% | -25.90% | 40.72% | 1.12% | 44.69% | 22.39% | 16.48% |
Correlation
The correlation between CAR-UN.TO and SUI is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2006 | 0.28 |
The correlation between CAR-UN.TO and SUI shifts across timeframes, from 0.28 (all time) to 0.40 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CAR-UN.TO:
CA$5.50B
SUI:
$15.61B
CAR-UN.TO:
CA$0.04
SUI:
$11.21
CAR-UN.TO:
846.26
SUI:
11.10
CAR-UN.TO:
1.65
SUI:
0.03
CAR-UN.TO:
5.61
SUI:
6.67
CAR-UN.TO:
0.65
SUI:
2.31
CAR-UN.TO:
CA$997.95M
SUI:
$2.33B
CAR-UN.TO:
CA$593.40M
SUI:
$1.35B
CAR-UN.TO:
CA$282.94M
SUI:
$654.40M
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Return for Risk
CAR-UN.TO vs. SUI — Risk / Return Rank
CAR-UN.TO
SUI
CAR-UN.TO vs. SUI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian Apartment Properties Real Estate Investment Trust (CAR-UN.TO) and Sun Communities, Inc. (SUI). 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.
| CAR-UN.TO | SUI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.10 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.07 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 0.62 | -1.35 |
| Martin ratioReturn relative to average drawdown | -1.20 | 1.52 | -2.71 |
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Drawdowns
CAR-UN.TO vs. SUI - Drawdown Comparison
The maximum CAR-UN.TO drawdown since its inception was -41.12%, smaller than the maximum SUI drawdown of -74.38%. Use the drawdown chart below to compare losses from any high point for CAR-UN.TO and SUI.
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Drawdown Indicators
| CAR-UN.TO | SUI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.12% | -74.38% | +33.26% |
Max Drawdown (1Y)Largest decline over 1 year | -26.88% | -11.08% | -15.80% |
Max Drawdown (3Y)Largest decline over 3 years | -38.75% | -23.39% | -15.36% |
Max Drawdown (5Y)Largest decline over 5 years | -39.29% | -44.90% | +5.61% |
Max Drawdown (10Y)Largest decline over 10 years | -39.29% | -44.90% | +5.61% |
Current DrawdownCurrent decline from peak | -35.33% | -24.44% | -10.89% |
Average DrawdownAverage peak-to-trough decline | -12.05% | -16.68% | +4.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.24% | 4.55% | +11.69% |
Volatility
CAR-UN.TO vs. SUI - Volatility Comparison
The current volatility for Canadian Apartment Properties Real Estate Investment Trust (CAR-UN.TO) is 6.14%, while Sun Communities, Inc. (SUI) has a volatility of 6.92%. This indicates that CAR-UN.TO experiences smaller price fluctuations and is considered to be less risky than SUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAR-UN.TO | SUI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.14% | 6.92% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | 13.59% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.94% | 20.28% | -2.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.14% | 25.60% | -4.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.05% | 26.33% | -5.28% |
Dividends
CAR-UN.TO vs. SUI - Dividend Comparison
CAR-UN.TO's dividend yield for the trailing twelve months is around 4.43%, more than SUI's 3.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAR-UN.TO Canadian Apartment Properties Real Estate Investment Trust | 4.43% | 4.29% | 3.45% | 2.97% | 3.40% | 2.35% | 2.76% | 2.59% | 2.96% | 3.42% | 3.94% | 4.50% |
SUI Sun Communities, Inc. | 3.41% | 6.50% | 3.06% | 2.78% | 2.46% | 1.58% | 2.08% | 2.00% | 2.79% | 2.89% | 3.39% | 3.79% |
Financials
CAR-UN.TO vs. SUI - Financials Comparison
This section allows you to compare key financial metrics between Canadian Apartment Properties Real Estate Investment Trust and Sun Communities, 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
CAR-UN.TO vs. SUI - Profitability Comparison
CAR-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Apartment Properties Real Estate Investment Trust reported a gross profit of 141.10M and revenue of 247.90M. Therefore, the gross margin over that period was 56.9%.
SUI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sun Communities, Inc. reported a gross profit of 422.20M and revenue of 507.90M. Therefore, the gross margin over that period was 83.1%.
CAR-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Apartment Properties Real Estate Investment Trust reported an operating income of 147.73M and revenue of 247.90M, resulting in an operating margin of 59.6%.
SUI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sun Communities, Inc. reported an operating income of -6.30M and revenue of 507.90M, resulting in an operating margin of -1.2%.
CAR-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Apartment Properties Real Estate Investment Trust reported a net income of -182.45M and revenue of 247.90M, resulting in a net margin of -73.6%.
SUI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sun Communities, Inc. reported a net income of -8.70M and revenue of 507.90M, resulting in a net margin of -1.7%.
Frequently Asked Questions
CAR-UN.TO and SUI have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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