CDP vs. PLD

Last updated Apr 1, 2026

Compare and contrast key facts about COPT Defense Properties (CDP) and Prologis, Inc. (PLD).

Performance

CDP vs. PLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in COPT Defense Properties (CDP) and Prologis, Inc. (PLD). The values are adjusted to include any dividend payments, if applicable.

CDP vs. PLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CDP COPT Defense Properties	11.22%	-6.17%	26.17%	3.65%	-3.26%	11.61%	-7.07%	45.28%	-24.78%	-3.24%
PLD Prologis, Inc.	4.37%	25.08%	-18.12%	21.58%	-31.33%	72.33%	14.74%	55.87%	-6.25%	25.94%

Fundamentals

Market Cap CDP : $3.48B PLD : $126.63B
EPS CDP : $1.34 PLD : $3.56
PE Ratio CDP : 22.76 PLD : 37.09
PS Ratio CDP : 4.54 PLD : 14.39
PB Ratio CDP : 2.29 PLD : 2.38
Total Revenue (TTM) CDP : $763.92M PLD : $8.79B
Gross Profit (TTM) CDP : $519.11M PLD : $5.24B
EBITDA (TTM) CDP : $352.56M PLD : $7.20B

Returns By Period

In the year-to-date period, CDP achieves a 11.22% return, which is significantly higher than PLD's 4.37% return. Over the past 10 years, CDP has underperformed PLD with an annualized return of 5.89%, while PLD has yielded a comparatively higher 14.69% annualized return.

CDP

• 1D: -0.03%
• 1M: -2.71%
• YTD: 11.22%
• 6M: 7.56%
• 1Y: 17.12%
• 3Y*: 13.82%
• 5Y*: 6.91%
• 10Y*: 5.89%

PLD

• 1D: 2.64%
• 1M: -6.54%
• YTD: 4.37%
• 6M: 17.26%
• 1Y: 22.35%
• 3Y*: 5.24%
• 5Y*: 7.02%
• 10Y*: 14.69%

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

Return for Risk

CDP vs. PLD — Risk / Return Rank

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

CDP

CDP Risk / Return Rank: 69
CDP Sharpe Ratio Rank: 71
CDP Sortino Ratio Rank: 65
CDP Omega Ratio Rank: 61
CDP Calmar Ratio Rank: 74
CDP Martin Ratio Rank: 74

PLD

PLD Risk / Return Rank: 69
PLD Sharpe Ratio Rank: 71
PLD Sortino Ratio Rank: 64
PLD Omega Ratio Rank: 65
PLD Calmar Ratio Rank: 67
PLD Martin Ratio Rank: 78

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.

CDP vs. PLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for COPT Defense Properties (CDP) and Prologis, Inc. (PLD). 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.

	CDP	PLD	Difference
Sharpe ratio Return per unit of total volatility	0.89	0.84	+0.04
Sortino ratio Return per unit of downside risk	1.39	1.30	+0.09
Omega ratio Gain probability vs. loss probability	1.16	1.18	-0.02
Calmar ratio Return relative to maximum drawdown	1.71	1.19	+0.52
Martin ratio Return relative to average drawdown	4.29	5.08	-0.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CDP vs. PLD - Sharpe Ratio Comparison

The current CDP Sharpe Ratio is 0.89, which is comparable to the PLD Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of CDP and PLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CDP	PLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	0.84	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.26	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.55	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.33	-0.08

Correlation

The correlation between CDP and PLD is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CDP vs. PLD - Dividend Comparison

CDP's dividend yield for the trailing twelve months is around 4.04%, more than PLD's 3.10% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CDP COPT Defense Properties	4.04%	4.39%	3.81%	4.45%	4.24%	3.93%	4.22%	3.74%	5.23%	3.77%	3.52%	5.04%
PLD Prologis, Inc.	3.10%	3.16%	3.63%	2.61%	2.80%	1.50%	2.33%	2.38%	3.27%	2.73%	3.18%	3.54%

Drawdowns

CDP vs. PLD - Drawdown Comparison

The maximum CDP drawdown since its inception was -59.36%, smaller than the maximum PLD drawdown of -84.70%. Use the drawdown chart below to compare losses from any high point for CDP and PLD.

Drawdown Indicators

	CDP	PLD	Difference
Max Drawdown Largest peak-to-trough decline	-59.36%	-84.70%	+25.34%
Max Drawdown (1Y) Largest decline over 1 year	-10.71%	-20.10%	+9.39%
Max Drawdown (5Y) Largest decline over 5 years	-23.66%	-43.30%	+19.64%
Max Drawdown (10Y) Largest decline over 10 years	-48.67%	-43.30%	-5.37%
Current Drawdown Current decline from peak	-5.27%	-13.60%	+8.33%
Average Drawdown Average peak-to-trough decline	-19.98%	-17.43%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.26%	4.70%	-0.44%

Volatility

CDP vs. PLD - Volatility Comparison

The current volatility for COPT Defense Properties (CDP) is 4.24%, while Prologis, Inc. (PLD) has a volatility of 6.09%. This indicates that CDP experiences smaller price fluctuations and is considered to be less risky than PLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CDP	PLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	6.09%	-1.85%
Volatility (6M) Calculated over the trailing 6-month period	12.89%	14.75%	-1.86%
Volatility (1Y) Calculated over the trailing 1-year period	19.42%	26.65%	-7.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.19%	26.85%	-3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.29%	26.93%	-0.64%

Financials

CDP vs. PLD - Profitability Comparison

The chart below illustrates the profitability comparison between COPT Defense Properties and Prologis, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CDP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, COPT Defense Properties reported a gross profit of 194.46M and revenue of 197.36M. Therefore, the gross margin over that period was 98.5%.

PLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported a gross profit of 1.01B and revenue of 2.25B. Therefore, the gross margin over that period was 44.6%.

CDP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, COPT Defense Properties reported an operating income of 122.74M and revenue of 197.36M, resulting in an operating margin of 62.2%.

PLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported an operating income of 852.36M and revenue of 2.25B, resulting in an operating margin of 37.8%.

CDP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, COPT Defense Properties reported a net income of 37.50M and revenue of 197.36M, resulting in a net margin of 19.0%.

PLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported a net income of 1.48B and revenue of 2.25B, resulting in a net margin of 65.8%.