CLPR vs. ESS
CLPR (Clipper Realty Inc.) and ESS (Essex Property Trust, Inc.) are both stocks. Both are in the Real Estate sector — CLPR in REIT - Diversified, ESS in REIT - Residential. Over the past 5 years, CLPR returned -12.28%/yr vs 1.84%/yr for ESS. At a 0.30 correlation, their price movements are largely independent.
Performance
CLPR vs. ESS - Performance Comparison
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Returns By Period
In the year-to-date period, CLPR achieves a -19.69% return, which is significantly lower than ESS's 17.07% return.
CLPR
- 1D
- 0.35%
- 1M
- -12.73%
- 6M
- -15.71%
- YTD
- -19.69%
- 1Y
- -11.24%
- 3Y*
- -15.33%
- 5Y*
- -12.28%
- 10Y*
- —
ESS
- 1D
- 1.34%
- 1M
- 5.76%
- 6M
- 21.29%
- YTD
- 17.07%
- 1Y
- 7.92%
- 3Y*
- 10.72%
- 5Y*
- 1.84%
- 10Y*
- 6.23%
CLPR vs. ESS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLPR Clipper Realty Inc. | -19.69% | -8.03% | -7.85% | -9.54% | -32.70% | 47.69% | -29.45% | -16.70% | 35.58% | -31.17% |
ESS Essex Property Trust, Inc. | 17.07% | -4.98% | 18.36% | 21.97% | -37.76% | 52.40% | -18.09% | 25.92% | 4.83% | 9.63% |
Correlation
The correlation between CLPR and ESS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2017 | 0.30 |
Fundamentals
CLPR:
$46.51M
ESS:
$19.12B
CLPR:
-$0.38
ESS:
$10.79
CLPR:
0.54
ESS:
6.70
CLPR:
$151.92M
ESS:
$1.91B
CLPR:
$131.57M
ESS:
$1.32B
CLPR:
$60.47M
ESS:
$1.44B
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Return for Risk
CLPR vs. ESS — Risk / Return Rank
CLPR
ESS
CLPR vs. ESS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clipper Realty Inc. (CLPR) 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.
| CLPR | ESS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.08 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 0.48 | -0.82 |
| Martin ratioReturn relative to average drawdown | -0.57 | 0.81 | -1.38 |
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Drawdowns
CLPR vs. ESS - Drawdown Comparison
The maximum CLPR drawdown since its inception was -68.63%, which is greater than ESS's maximum drawdown of -62.67%. Use the drawdown chart below to compare losses from any high point for CLPR and ESS.
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Drawdown Indicators
| CLPR | ESS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.63% | -62.67% | -5.96% |
Max Drawdown (1Y)Largest decline over 1 year | -33.65% | -16.49% | -17.16% |
Max Drawdown (3Y)Largest decline over 3 years | -52.33% | -20.77% | -31.56% |
Max Drawdown (5Y)Largest decline over 5 years | -62.05% | -43.87% | -18.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.84% | — |
Current DrawdownCurrent decline from peak | -66.79% | -2.62% | -64.17% |
Average DrawdownAverage peak-to-trough decline | -39.75% | -10.85% | -28.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.72% | 9.80% | +9.92% |
Volatility
CLPR vs. ESS - Volatility Comparison
Clipper Realty Inc. (CLPR) has a higher volatility of 14.25% compared to Essex Property Trust, Inc. (ESS) at 6.02%. This indicates that CLPR'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
| CLPR | ESS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.25% | 6.02% | +8.23% |
Volatility (6M)Calculated over the trailing 6-month period | 33.10% | 14.22% | +18.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.12% | 21.27% | +23.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.68% | 23.76% | +23.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.76% | 25.84% | +20.92% |
Dividends
CLPR vs. ESS - Dividend Comparison
CLPR's dividend yield for the trailing twelve months is around 13.19%, more than ESS's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPR Clipper Realty Inc. | 13.19% | 9.95% | 8.30% | 7.04% | 5.94% | 3.82% | 5.39% | 2.69% | 2.91% | 3.70% | 0.00% | 0.00% |
ESS Essex Property Trust, Inc. | 3.47% | 3.88% | 2.57% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% |
Financials
CLPR vs. ESS - Financials Comparison
This section allows you to compare key financial metrics between Clipper Realty 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
CLPR vs. ESS - Profitability Comparison
CLPR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Clipper Realty Inc. reported a gross profit of 30.42M and revenue of 38.12M. Therefore, the gross margin over that period was 79.8%.
ESS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
CLPR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Clipper Realty Inc. reported an operating income of 4.40M and revenue of 38.12M, resulting in an operating margin of 11.6%.
ESS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
CLPR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Clipper Realty Inc. reported a net income of -4.24M and revenue of 38.12M, resulting in a net margin of -11.1%.
ESS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
CLPR and ESS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLPR has higher volatility (14.25%) compared to ESS (6.02%). In terms of maximum drawdown, CLPR dropped -68.63% vs ESS's -62.67%.
ESS currently has the higher Sharpe Ratio (0.37 vs -0.25), 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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