CUBE vs. PLD
CUBE (CubeSmart) and PLD (Prologis, Inc.) are both stocks. Both operate in the REIT - Industrial industry within the Real Estate sector. Over the past 10 years, CUBE returned 7.63%/yr vs 14.78%/yr for PLD. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
CUBE vs. PLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CUBE achieves a 15.66% return, which is significantly higher than PLD's 14.40% return. Over the past 10 years, CUBE has underperformed PLD with an annualized return of 7.63%, while PLD has yielded a comparatively higher 14.78% annualized return.
CUBE
- 1D
- -0.32%
- 1M
- 1.05%
- YTD
- 15.66%
- 6M
- 16.67%
- 1Y
- 0.92%
- 3Y*
- 2.59%
- 5Y*
- 1.42%
- 10Y*
- 7.63%
PLD
- 1D
- 2.34%
- 1M
- -0.70%
- YTD
- 14.40%
- 6M
- 14.46%
- 1Y
- 40.50%
- 3Y*
- 10.63%
- 5Y*
- 6.52%
- 10Y*
- 14.78%
CUBE vs. PLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CUBE CubeSmart | 15.66% | -11.59% | -4.53% | 20.50% | -26.31% | 74.59% | 11.67% | 14.12% | 3.42% | 12.74% |
PLD Prologis, Inc. | 14.40% | 25.08% | -18.12% | 21.58% | -31.33% | 72.33% | 14.74% | 55.87% | -6.25% | 25.94% |
Correlation
The correlation between CUBE and PLD 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 | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2004 | 0.60 |
The correlation between CUBE and PLD has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.
Fundamentals
CUBE:
$9.24B
PLD:
$137.73B
CUBE:
$1.43
PLD:
$3.88
CUBE:
28.31
PLD:
37.03
CUBE:
8.19
PLD:
15.38
CUBE:
3.49
PLD:
2.58
CUBE:
$1.13B
PLD:
$8.95B
CUBE:
$65.30M
PLD:
$3.88B
CUBE:
$593.13M
PLD:
$7.71B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CUBE vs. PLD — Risk / Return Rank
CUBE
PLD
CUBE vs. PLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CubeSmart (CUBE) 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.
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.
| CUBE | PLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.32 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | 4.24 | -4.19 |
| Martin ratioReturn relative to average drawdown | 0.10 | 13.95 | -13.84 |
Loading charts...
Drawdowns
CUBE vs. PLD - Drawdown Comparison
The maximum CUBE drawdown since its inception was -93.15%, which is greater than PLD's maximum drawdown of -84.70%. Use the drawdown chart below to compare losses from any high point for CUBE and PLD.
Loading charts...
Drawdown Indicators
| CUBE | PLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.15% | -84.70% | -8.45% |
Max Drawdown (1Y)Largest decline over 1 year | -17.36% | -9.59% | -7.77% |
Max Drawdown (3Y)Largest decline over 3 years | -31.95% | -31.37% | -0.58% |
Max Drawdown (5Y)Largest decline over 5 years | -36.93% | -43.30% | +6.37% |
Max Drawdown (10Y)Largest decline over 10 years | -41.43% | -43.30% | +1.87% |
Current DrawdownCurrent decline from peak | -18.90% | -5.30% | -13.60% |
Average DrawdownAverage peak-to-trough decline | -22.04% | -17.35% | -4.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.82% | 2.91% | +5.91% |
Volatility
CUBE vs. PLD - Volatility Comparison
The current volatility for CubeSmart (CUBE) is 6.44%, while Prologis, Inc. (PLD) has a volatility of 7.46%. This indicates that CUBE 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.
Loading charts...
Volatility by Period
| CUBE | PLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 7.46% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 16.22% | 15.05% | +1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.25% | 21.90% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.42% | 26.98% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.39% | 27.04% | -1.65% |
Dividends
CUBE vs. PLD - Dividend Comparison
CUBE's dividend yield for the trailing twelve months is around 5.19%, more than PLD's 2.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CUBE CubeSmart | 5.19% | 5.77% | 3.57% | 4.27% | 4.42% | 2.55% | 3.96% | 4.10% | 4.25% | 3.84% | 3.36% | 2.25% |
PLD Prologis, Inc. | 2.89% | 3.16% | 3.63% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% | 2.73% | 3.18% | 3.54% |
Financials
CUBE vs. PLD - Financials Comparison
This section allows you to compare key financial metrics between CubeSmart and Prologis, 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
CUBE vs. PLD - Profitability Comparison
CUBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CubeSmart reported a gross profit of 0.00 and revenue of 281.93M. Therefore, the gross margin over that period was 0.0%.
PLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Prologis, Inc. reported a gross profit of 232.54M and revenue of 2.30B. Therefore, the gross margin over that period was 10.1%.
CUBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CubeSmart reported an operating income of -357.00K and revenue of 281.93M, resulting in an operating margin of -0.1%.
PLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Prologis, Inc. reported an operating income of 827.03M and revenue of 2.30B, resulting in an operating margin of 36.0%.
CUBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CubeSmart reported a net income of 82.89M and revenue of 281.93M, resulting in a net margin of 29.4%.
PLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Prologis, Inc. reported a net income of 981.98M and revenue of 2.30B, resulting in a net margin of 42.7%.
Frequently Asked Questions
CUBE and PLD 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.
PLD has higher volatility (7.46%) compared to CUBE (6.44%). In terms of maximum drawdown, CUBE dropped -93.15% vs PLD's -84.70%.
PLD currently has the higher Sharpe Ratio (1.86 vs 0.04), 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.
Find the right allocation for CUBE and PLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer