CIM vs. FBRT

Last updated Jun 20, 2026

CIM (Chimera Investment Corporation) and FBRT (Franklin BSP Realty Trust, Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 3 years, CIM returned 3.87%/yr vs -6.24%/yr for FBRT. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

CIM vs. FBRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chimera Investment Corporation (CIM) and Franklin BSP Realty Trust, Inc. (FBRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIM achieves a 10.78% return, which is significantly higher than FBRT's -13.93% return.

CIM

• 1D: 0.08%
• 1M: 0.23%
• YTD: 10.78%
• 6M: 9.84%
• 1Y: 9.45%
• 3Y*: 3.87%
• 5Y*: -11.82%
• 10Y*: -1.39%

FBRT

• 1D: 2.80%
• 1M: -2.88%
• YTD: -13.93%
• 6M: -15.70%
• 1Y: -11.63%
• 3Y*: -6.24%
• 5Y*: —
• 10Y*: —

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

CIM vs. FBRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CIM Chimera Investment Corporation	10.78%	-0.65%	3.61%	2.95%	-57.95%	0.09%
FBRT Franklin BSP Realty Trust, Inc.	-13.93%	-9.17%	3.73%	16.56%	-3.86%	-10.46%

Correlation

The correlation between CIM and FBRT is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Oct 19, 2021	0.62

The correlation between CIM and FBRT has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

Fundamentals

Market Cap CIM : $1.11B FBRT : $673.78M
EPS CIM : $0.23 FBRT : $0.71
PE Ratio CIM : 56.88 FBRT : 11.84
PS Ratio CIM : 2.20 FBRT : 2.06
PB Ratio CIM : 0.45 FBRT : 0.52
Total Revenue (TTM) CIM : $499.18M FBRT : $411.64M
Gross Profit (TTM) CIM : $465.68M FBRT : $228.04M
EBITDA (TTM) CIM : $439.34M FBRT : $218.28M

Return for Risk

CIM vs. FBRT — Risk / Return Rank

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

CIM

CIM Risk / Return Rank: 52
CIM Sharpe Ratio Rank: 56
CIM Sortino Ratio Rank: 48
CIM Omega Ratio Rank: 48
CIM Calmar Ratio Rank: 54
CIM Martin Ratio Rank: 56

FBRT

FBRT Risk / Return Rank: 22
FBRT Sharpe Ratio Rank: 23
FBRT Sortino Ratio Rank: 22
FBRT Omega Ratio Rank: 21
FBRT Calmar Ratio Rank: 24
FBRT Martin Ratio Rank: 21

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.

CIM vs. FBRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chimera Investment Corporation (CIM) and Franklin BSP Realty Trust, Inc. (FBRT). 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.

	CIM	FBRT	Difference
Sharpe ratio: Return per unit of total volatility	0.38	-0.44	+0.82
Sortino ratio: Return per unit of downside risk	0.69	-0.41	+1.10
Omega ratio: Gain probability vs. loss probability	1.09	0.94	+0.15
Calmar ratio: Return relative to maximum drawdown	0.52	-0.50	+1.02
Martin ratio: Return relative to average drawdown	1.27	-0.99	+2.25

CIM vs. FBRT - Sharpe Ratio Comparison

The current CIM Sharpe Ratio is 0.38, which is higher than the FBRT Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of CIM and FBRT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CIM vs. FBRT - Drawdown Comparison

The maximum CIM drawdown since its inception was -89.69%, which is greater than FBRT's maximum drawdown of -31.30%. Use the drawdown chart below to compare losses from any high point for CIM and FBRT.

Drawdown Indicators

	CIM	FBRT	Difference
Max Drawdown Largest peak-to-trough decline	-89.69%	-31.30%	-58.39%
Max Drawdown (1Y) Largest decline over 1 year	-18.18%	-23.51%	+5.33%
Max Drawdown (3Y) Largest decline over 3 years	-35.80%	-30.02%	-5.78%
Max Drawdown (5Y) Largest decline over 5 years	-69.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.35%	—	—
Current Drawdown Current decline from peak	-59.51%	-27.65%	-31.86%
Average Drawdown Average peak-to-trough decline	-51.75%	-11.30%	-40.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.48%	11.82%	-4.34%

Volatility

CIM vs. FBRT - Volatility Comparison

The current volatility for Chimera Investment Corporation (CIM) is 5.94%, while Franklin BSP Realty Trust, Inc. (FBRT) has a volatility of 9.11%. This indicates that CIM experiences smaller price fluctuations and is considered to be less risky than FBRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIM	FBRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.94%	9.11%	-3.17%
Volatility (6M) Calculated over the trailing 6-month period	17.77%	23.56%	-5.79%
Volatility (1Y) Calculated over the trailing 1-year period	25.07%	26.62%	-1.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.22%	28.53%	+6.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.49%	28.53%	+7.96%

Dividends

CIM vs. FBRT - Dividend Comparison

CIM's dividend yield for the trailing twelve months is around 11.75%, less than FBRT's 15.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIM Chimera Investment Corporation	11.75%	11.91%	10.14%	14.03%	20.36%	8.55%	13.66%	9.73%	11.22%	8.12%	14.34%	28.15%
FBRT Franklin BSP Realty Trust, Inc.	15.01%	14.16%	11.32%	10.51%	11.01%	1.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CIM and FBRT in my portfolio?

CIM and FBRT have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CIM or FBRT?

FBRT has higher volatility (9.11%) compared to CIM (5.94%). In terms of maximum drawdown, CIM dropped -89.69% vs FBRT's -31.30%.

Which has better risk-adjusted returns?

CIM currently has the higher Sharpe Ratio (0.38 vs -0.44), 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.